The National Security Council’s senior director, Ari Schwartz, has officially stepped down from his position as the White House’s lead cyber official. Mr. Schwartz began his term as senior director
According to Insurance Journal, the Target breach has revealed significant vulnerabilities inherent to the retail industry as a whole. Although most retail shops do not store sensitive credit or debit information in
The long-awaited Betterley report has been released in its entirety, providing brokers and carriers a detailed account of cyber products currently on the market. The report specifies that cyber coverage
This week, the New York Times discussed financial liability issues rooted in the increasingly prevalent breaches in cyber security. As cyber attacks on retailers continue to spread in size, severity
Standard & Poor’s released a new report describing the risk of cyberattacks on the banking industry. While the industry has taken many precautions, cyber threats in the U.S. and around
Many players within the insurance industry are beginning to turn to captive insurance companies to address the mounting demand for cyber security. Captive insurance has the potential to provide a
Last week, President Obama and Chinese President Xi Jinping announced a new agreement stating that both countries would curb and condemn economic espionage. However, a number of experts and congressmen have cast
A recent federal audit has found that the government stored the personal data of millions of individuals who purchased insurance through Healthcare.gov on a system with cybersecurity flaws.
According to a new report from business advisory firm Grant Thornton International, cyber crimes have cost roughly $315 billion over the past 12 months.
IDT911 has announced a new service designed to “streamline cyber claims management and maintain efficiency for insurance carriers processing cyber liability claims.”
