cyber security News

Government to Share Cyber Security Information with Private Sector

The U.S. government will use classified information about software vulnerabilities for the first time to protect companies outside of the military industrial complex, top officials told Reuters this week. Secretary of Homeland Security Janet Napolitano said that a system being …

Alabama University Launches Cyber Threat Detection Company

In a private-public partnership, the University of Alabama at Birmingham (UAB) has launched Malcovery, an intelligence company specializing in cyber threat detection, to help businesses protect themselves from cyberattacks. Malcovery uses patented forensic technology to identify the source and nature …

Study: Utah Health Breach Could Approach $406M

A 2012 security breach that exposed the personal information of 780,000 Utah residents to hackers could cost as much as $406 million, a new study finds. The Salt Lake Tribune reported in the aftermath of the breach, the state already …

The Risks of Insuring the Cloud

Hollywood would have us believe that some smart, awkward computer guy in his 30s living in his mother’s basement is to blame. Surrounded by a dozen computer screens with an IQ of 150, this cyber character enjoys targeting large companies …

U.S. Business Groups Concerned by Cyber Security Law Aimed at China

The U.S.-China Business Council on Monday criticized a new U.S. law aimed at thwarting cyber attacks by discouraging the Justice Department and several other government agencies from buying information technology systems from China. “The national security of the United States …

State Intelligence Report Highlights Threats to Texas

While organized crime is seen as the most significant public safety threat in Texas, drunk driving, natural disasters, terrorism, industrial accidents and cyber security also are among the major threats that keep lawmakers up at night. The Department of Public …

OneBeacon Launches Network Security Policy with Equifax Data Breach Services

OneBeacon Professional Insurance (OBPI), a member of OneBeacon Insurance Group, Ltd. (has released a new network security and privacy liability policy, which includes certain data breach services from Equifax if a covered breach event occurs. Equifax, a global consumer, commercial …

Obama Expected to Issue Cyber Defense Order

President Barack Obama plans to release a long-awaited executive order aimed at improving the nation’s defenses against cyber attacks as early as Wednesday, according to sources familiar with the matter. The order, drawn up after Congress failed to pass cyber …

Admiral Mullen to Address Insurance Group

Retired U.S. Navy Admiral Mike Mullen will address an insurance audience in May, offering his view that the country’s financial health is directly tied to its national security. According to the group, the Target Markets Program Administrators Association (TMPAA), Mullen …

Markel Unveils Risk Management Portal for DataBreach Policyholders

Markel has launched a new risk management portal for DataBreach policyholders that includes information and technical resources that can assist in the prevention of network, cyber, and privacy breaches as well as support in the reporting and recovery of losses …