cyber risk News
Casualty Actuarial Society Forms Cyber Risk Task Force
The Casualty Actuarial Society has announced the formation of the Task Force on Cyber Risk, an initiative that reflects the rapid growth of cyber risk and the pressing need to find effective means of ...
P/C Executive Views: Data Security Strategies and Cyber Insurance Sales
As cyber attackers continue to menace businesses in all industry sectors, property/casualty insurers are working to provide network security and privacy coverage. But how are the insurers managing ...
‘ChewBacca’ Attacks Hit Retailers in 11 Countries, Report Says
A cyber criminal ring targeting small retailers in 11 countries stole data on 49,000 payment cards using a malicious software known as "ChewBacca" before the operation was shut down, according to a ...
BYOD: Benefits and Risks of Personal Mobile Devices in the Insurance Workforce
Cyber crime continues to be among the world's fastest growing criminal threats. This poses a challenging decision for companies considering adoption of the "bring your own device" (BYOD) trend, where ...
Zurich P/C Chief Kerner Sees ‘Dramatic’ Cyber Attack in Near Future
Michael Kerner, who oversees property-casualty coverage at Zurich Insurance Group AG, said computer threats are escalating and may soon cause "dramatic" disruptions for businesses and individuals. ...
Cyber Attack ‘War Game’ Tests London Banks
A cyber attack by a foreign government on financial markets played out in one of London's historic halls on Tuesday in a "war game" simulation designed to test the city's defenses against online ...
Cloud, Device Security Lacking: Georgia Tech Analysis
As more businesses find their way into the cloud, few engage in security measures beyond those provided by the associated cloud storage firm, a new report from Georgia Tech notes. Even fewer seek ...
Could 2013 Be ‘Tipping Point’ in Cyber Risk Awareness?
Historians may look at the year 2013 as a "cyber tipping-point" -- the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a ...