cyber insurance News
Yahoo Data Breach Victims Allowed to Sue in the United States
Yahoo has been ordered by a federal judge to face much of a lawsuit in the United States claiming that the personal information of all 3 billion users was compromised in a series of data breaches. In ...
Cyber Crimes Are Growing and Getting More Complex in Europe
Attempts at digital espionage and online political manipulation in Europe are on the rise both in number and in complexity, the Netherlands' main intelligence agency said Tuesday [March 6] in its ...
Equifax Breach Could Be Most Expensive Corporate Hacking Ever
Equifax Inc said it expects costs related to its massive 2017 data breach to surge by $275 million this year, suggesting the incident at the credit reporting bureau could turn out to be the most ...
Cyber Insurance Startup Coalition Raises $10M
San Francisco-based insurance startup Coalition has raised $10 million in new financing. The company, which launched in late 2017, sells cyber insurance and offers cybersecurity tools to small and ...
Buyers Aren’t Happy With Their Cyber Insurance: J.D. Power
On any given day, it is hard not to read an article or report on some type of cyber topic. Cyber insurance is one of the key concerns within the insurance industry today and possibly one of the most ...
Turn Commercial Drones Into Targeted Weapons? AI Could Help Hackers Do That
Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial ...
Obscure N. Korea Cyber Espionage Group Reportedly Broadens Reach
A North Korean cyber espionage group previously known only for targeting South Korea's government and private sector deepened its sophistication and hit further afield including in Japan and the ...
Cyber Risk Insured Losses Reached Record Levels in 2017: PCS/Verisk
Cyber risk insured losses reached $400 million in aggregate across three events in 2017, the largest annual level yet tracked by the Property Claims Services Unit of Verisk Insurance Solutions. "With ...