cybersecurity News

Insurance Industry Urged to Weigh Shift to Intangible Risks

Panelists at a recent New York event hosted yesterday by Lloyd’s, the world’s specialist insurance market, and the American Security Project, a nonpartisan national security think-tank, urged the insurance industry to plan ahead and work to better understand how to …

Firms Should Look Closely at Data Practices, New York Conference Panelists Say

Panelists at the 2016 Professional Liability Underwriting Society (PLUS) Cyber Liability Symposium held Tuesday at the Hilton Midtown in New York City urged companies to take a closer look at data aggregation practices as regulators have begun to take a …

New York Cyber Conference Panelists Stress Importance of Unified Cybersecurity Plan

As cyber attacks become a growing concern with advances in technology, firms should be working to establish a cybersecurity plan that is cohesive across business operations to effectively reduce damage and cyber insurance claims, according to panelists at the 2016 …

U.S. Intelligence to Help Companies Thwart Supply-Chain Hacking

U.S. intelligence officials are planning to provide information including classified threat reports to companies about the risks of hacking and other crimes tied to the supplies and services they buy. The effort is part of a new campaign by the …

Schinnerer Partners With Cloud Provider on Cyber Security Protection

Victor O. Schinnerer & Company and Spanning, an EMC company and provider of SaaS data protection, have released a new cyber security protection product. The collaboration, with help from Microsoft, is designed to help small and mid-size organizations safeguard their …

UMass Amherst Gets $15M From MassMutual for Data Science, Cybersecurity

The University of Massachusetts Amherst is receiving a $15 million donation to strengthen its data science and cybersecurity programs. The 10-year donation comes from the MassMutual Foundation, a charitable arm of the Massachusetts Mutual Life Insurance Company. UMass announced the …

Warm 2016 May Help Put Climate Change on The Map – Even Higher That Is

If you think you heard a lot about climate change in 2015, wait till next year – or next week depending on how you want to look at it. Next year may be on track to the be warmest year …

N.Y. Regulators Weigh Cybersecurity Requirements for Banks, Insurers

New York regulators are considering a host of cybersecurity requirements for banks and insurers and urged other state and federal authorities to collaborate on establishing a framework of defenses for the financial sector. New York Financial Services Superintendent Anthony Albanese …

New York Health Insurer’s Data Breach Puts 10M Records at Risk

Upstate New York health insurer Excellus BlueCross BlueShield on Wednesday said its computer systems and those at affiliates had been breached, exposing data from more than 10 million members, in the latest case to show the industry is still struggling …

Survey: Many Consumers Stress Over Safety of Financial Information

While the safety of their private financial information is a big deal for a lot of people, when it comes to protecting it, many are actually pretty lax, a new survey says. According to the phone survey commissioned by MasterCard, …