Cyber attackers stole data from 29 million Facebook accounts using an automated program that moved from one friend to the next, Facebook Inc announced on Friday, as the social media company said its largest-ever data theft hit fewer than the …
At least two U.S. states and two European Union member states are investigating a breach at Alphabet Inc.’s Google that may have exposed private profile data of at least 500,000 users to hundreds of external developers. The investigations follow Google’s …
Alphabet Inc.’s Google will shut down the consumer version of its failed social network Google+ and tighten its data sharing policies after announcing on Monday that private profile data of at least 500,000 users may have been exposed to hundreds …
The U.S. Federal Trade Commission and a powerful Congressional committee are investigating the data breach at Equifax Inc., deepening government scrutiny of the cyber attack that may have compromised the privacy of 143 million U.S. consumers. The probes by the …
Every organization, of every size and operational orientation, needs cyber insurance to manage its exposures in this age of networked information. That was one thing speakers agreed on at the recent 2017 Cyber Liability Symposium held by the Professional Liability …
Specialist lines underwriting agency, CFC Underwriting, has launched a cyber incident response application that will allow policyholders to notify a claim with a click of a button and receive specialist support from CFC’s global cyber incident response team. In addition, …
Compensation in response to a data breach is most effective when it meets customers’ expectations for what is appropriate, according to a new study by information systems researchers at the University of Arkansas. Such data breaches encompass privacy, information and …
Beazley, the London-based provider of data breach response insurance, has appointed Rafael Sanchez as Beazley Breach Response Services (BBR Services) manager, International, to manage the breach response services provided with its international data breach business. Beazley said it has helped …
Beazley announced the launch of the company’s flagship Beazley Breach Response (BBR) product in Canada, which is data breach response insurance that protects the personal data of up to five million individuals per breach. Canada’s Digital Privacy Act, passed in …
In response to a 430-percent growth rate in Chubb’s criminal-related cyber losses over the past five years, Chubb’s Global Cyber Risk Practice has launched a service to assist policyholders with ransomware attacks. This is the first new offering from Chubb’s …
