Speaking at The Council’s Legislative Summit last week shortly after introducing cyber legislation, Senator Tom Carper (D-DE), ranking member of the Homeland Security and Governmental Affairs Committee, stated that cyber insurance
On Friday President Obama signed an executive order on cyberthreat information sharing, which according to PoliticoPro, calls for a network of new cyber information sharing and analysis organizations and grants the
A hacking syndicate made up of Russians, Chinese and Europeans may have pulled off the largest bank heist ever by uploading malware to banks in Russia, Japan, Switzerland, the United States and
Last week the President traveled to Silicon Valley to kick off White House Summit on Cybersecurity and Consumer Protection at Stanford University, with the hopes of improving cybersecurity and enhancing the public-private
According to the Wall Street Journal, Visa and MasterCard have decided to upgrade their security systems that protect customer data. In two separate announcements, the two largest payment systems stated that
Business Insurance recently sat down with Monica Lindeen, president of the National Association of Insurance Commissioners as well as Montana’s commissioner of securities and insurance. The Q&A can be found here.
Following yet another massive data breach, this time targeting health insurer Anthem Inc, BI believes that it is time to develop a national cybersecurity strategy and there are signals that
A recent study finds that UK companies are lagging behind US companies in taking out cyber insurance to protect themselves in case of a cyber attack.
In its U.S. Insurance Market Report 2015, Marsh reported that retailers “should expect cyber insurance rates to increase and overall capacity to shrink, particularly for organizations with more than $1
Recently Benjamin Lawsky, the Superintendent of the New York Department of Financial Services, released the survey results of 43 insurers operating in the state of New York.
