Technical trade secrets were stolen from the steel production and manufacturing plant design divisions of ThyssenKrupp AG in cyber attacks earlier this year, the German company said on Thursday. ThyssenKrupp, one of the world’s largest steel makers, said it had …
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. …
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 …
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 …
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 …
The Missouri Department of Insurance says the insurance information of more than 400,000 Missourians are potentially impacted by data breach at Newkirk Products Inc., a service provider that issues healthcare ID cards for Blue Cross Blue Shield of Kansas City. …
Virginia’s State Corporation Commission (SCC) is advising former licensed insurance agents of the potential improper access to their personal data by a former contractor. The suspected compromise of personal data pertains to archived Bureau of Insurance records of insurance agents …
Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has launched LIU Design and Data Insure, a new architects & engineers policy. The enhanced policy offers insurance and risk management services to help protect design firms from wrongful acts incurred …
More than 1,000 clients from Florida’s Palm Beach County Health Department are believed to have been victims of a data breach. The department said in a news release Monday that the IRS and FBI contacted the agency in February and …
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 …
