cyber risk News
Private Companies to Get Crack at U.S.-Developed Anti-Hacking Tech
Anti-hacking technology developed by the U.S. will be offered to banks and other businesses under an initiative to promote cutting-edge research, even as some security specialists question its value ...
Public-Private Catastrophe Plan Could Boost UK’s Cyber Risk Resilience: Study
A public-private, cyber-catastrophe reinsurance arrangement would improve the UK's resilience against the growing threat of cyber risks in this interconnected world, according to a recently-released ...
United Airlines Awards Hackers Millions of Miles for Revealing Risks
United Continental Holdings Inc. has awarded millions of frequent flier miles to hackers who have uncovered gaps in the carrier's web security, in a first for the U.S. airline industry. United ...
Cyber Risk Insurers Lag in Buying Cyber Cover
As recently as two years ago, only half of the top 10 carriers writing cyber insurance had purchased cyber coverage themselves, a broker specialist said recently. During an interview at the Standard ...
XL Catlin Expands Cyber Breach Service Partnerships
XL Catlin has become the latest entity in the property/casualty industry to beef up its cyber breach services in an effort to respond to customer need and demand. The insurer said it has added a ...
RIMS: Enterprise Risk Management Does Indeed Help Spot Cyber Risks
A whopping 77 percent of risk management professionals credit enterprise risk management with helping them spot cyber risks at their companies. That is one of the major findings from the Risk and ...
Medical, Personnel Data More Valuable Than Credit Data to Cyber Spies
Whoever was behind the latest theft of personal data from U.S. government computers, they appear to be following a new trend set by cybercriminals: targeting increasingly valuable medical records and ...
Cyber Risk Shortfall: Company Property Assets More Broadly Protected Than IT
A new industry survey underscores how companies aren't yet adequately covering their information technology risks, even as as cyber vulnerabilities rapidly become more costly and serious. Among the ...