According to the second annual Travelers Business Risk Index, cyber risk is the second biggest concern for U.S. businesses, after moving up from fifth place last year.
CareFirst BlueCross BlueShield has announced that they suffered a cyberattack affecting 1.1 million current and former members.
While testifying in front of the House Financial Services Committee, former governor and Financial Services Roundtable President and CEO, Tim Pawlenty, said cyber attacks that target and steal customer information, such
According to a payment industry representative, it will be impossible for cyber criminals to counterfeit cryptographic chip enabled credit and debit cards. However, the chip will not be able to stop payment card
Steptoe & Johnson L.L.P. has developed an analysis of the NAIC Principles for Effective Cybersecurity Insurance Regulatory Guidance and a federal cybersecurity legislative update.
Cyber attacks and data breaches are bound to happen: the key is to be able to stop hackers before they have the opportunity to inflict serious harm on your organization.
According to Matt White, senior manager at KPMG’s Cyber Security practice, regulatory action on cyber-crime is inevitable. “I believe it is a dead certainty that regulators everywhere are taking note of
What does the recent Zurich American Insurance v. Sony Corp. of America mean for commercial general liability (CGL) policies for future data breach cases? Jana Landon, counsel at Stradley Ronon Stevens &
New research forecasts that global data breaches could cost companies $2.1 trillion globally by 2019, an almost four times increase over estimated costs of breaches in 2015.
Beazley has launched Beazley Practice Protect, an enhanced management liability policy for law firms. This policy will help them take on the rapidly evolving market for counsel and legal services.
