cybersecurity News

Travelers Institute Hosts Cybersecurity Event in Santa Monica for Businesses

Santa Monica, CA, October 4, 2017- WHAT: The Travelers Institute will bring its Cyber: Prepare, Prevent, Mitigate, Restoreโ„  educational series to Santa Monica, joined by public and private sector professionals who will share insights into the current cybersecurity landscape and …

New York’s Cuomo Proposes Regulation in Wake of Equifax Security Breach

In response to the recent cyberattack that exposed the personal private data of nearly 150 million consumers nationwide, New York Governor Andrew M. Cuomo has directed the New York Department of Financial Services (DFS) to issue new regulation making credit …

Texas Insurance Council Symposium to Address Cyber Threats

The Insurance Council of Texas and the Association of Fire and Casualty Companies in Texas’ Annual Mid-Year Symposium will feature a panel discussion on cybersecurity, the growing cyber market for insurers, and the threats associated with doing business in the …

Everest Launches Cyber Protection for Private Equity Firms, Portfolio Companies

Everest Insurance has collaborated with cybersecurity firm, Soteria, LLC, and its group of former U.S. government cyber security experts, in conjunction with the launch of its new Elevation Private Equity Insurance Policy. The policy will provide assistance to policyholders in …

New Modeling Product From AIR Worldwide Analyzes Client Cyber Risk

Catastrophe modeling firm AIR Worldwide has released a new cyber risk modeling application for the insurance and reinsurance markets. ARC (Analytics of Risk from Cyber) is designed to evaluate any commercial policy (including those vulnerable to silent cyber), measure and …

Nevada Governor Wants $3.5M for Cybersecurity Boost

Gov. Brian Sandoval is asking the Nevada Legislature to spend $3.5 million over the next two years to build up the state’s cybersecurity infrastructure and management. His proposed Office of Cyber Defense Coordination would organize data systems across all state …

Report: Energy Sector’s Lack of Sensors, Controls Tempts Hackers

Oil and gas companies, including some of the most celebrated industry names in the Houston area, are facing increasingly sophisticated hackers seeking to steal trade secrets and disrupt operations, according to a newspaper investigation. A stretch of the Gulf Coast …

Cybersecurity Firm IDT911 Rebrands to CyberScout, Plans Global Expansion

Cybersecurity prevention and resolution firm IDT911 has changed its name to CyberScout, to better align with its mission of helping clients in the digital world deal with ever-evolving cyber threats. CyberScout primarily serves clients in the insurance, financial services and …

New York State DFS Issues Updated Proposed Cybersecurity Regulation

New York State Department of Financial Services (DFS) Superintendent Maria T. Vullo has announced that the DFS has updated its proposed cybersecurity regulation to protect New York State from the ever-growing threat of cyber-attacks. The proposed regulation, which serves as …

The Right Cyber Coverage Can Protect a Business from Financial Ruin

A recent report on cybersecurity still shows many companies are unprepared for cyberattacks. The report, conducted by KPMG and British Telecom, reveals only 22 percent of companies have a comprehensive plan in place to deal with a major cybersecurity incident. …