cyber insurance News
Clearcover Email Marketing Account Hacked, Used to Send ‘Hateful and Obscene’ Emails
A Clearcover email marketing account was hacked early Monday, exposing an undetermined number of client email addresses to "hateful and obscene" messages, the data-driven auto InsurTech startup ...
AT&T, Lockton, CNA Link Up to Sell Cyber Policies to Business Customers
AT&T, Lockton and CNA are involved in a new strategic alliance designed to sell cyber insurance policies. The deal is between AT&T's new wholly owned subsidiary, AT&T Insurance Agency ...
Allstate Closes $525M InfoArmor Cash Purchase
The Allstate Corp. has closed its $525 million cash acquisition of InfoArmor, a little over a month after the deal was first announced. InfoArmor is based in Scottsdale, Ariz., and provides identity ...
Alliant, Everest Re Launch Bid to Help Protect Hedge Funds From Cyber Attack
Hedge funds can spend years crafting a trading algorithm or a strategy to keep ahead of competitors. A Stone Point Capital-backed insurance broker is offering to help protect those trade secrets, and ...
Facebook Cyber Breach Affects 50M Users
Facebook Inc has discovered a security issue affecting about 50 million user accounts, the company said on Friday. Facebook said attackers stole Facebook access tokens through its "view as" feature, ...
Cyber Risks Remain for Financial Firms, Even Outside Their Defenses
The biggest financial firms see significant risk from cyber attacks, even if their companies aren't the ones being targeted. While banks and asset managers have spent billions on cybersecurity, they ...
Cyber Attacks Double, as Carriers Better Protect Themselves: Accenture
Insurers are doing a better job protecting themselves from cyber attacks even as attempted breaches have nearly doubled, a new Accenture study has found. The percentage of successful global insurance ...
Germany’s Manufacturers Sustain Nearly $50B in Cyber Attack Costs: Study
Two thirds of Germany's manufacturers have been hit by cyber-crime attacks, costing industry in Europe's largest economy some 43 billion euros ($50 billion), according to a survey published by ...