Target Corp. has set up a $10 million fund to settle a class-action lawsuit following the retailer’s massive 2013 data breach.
Risk & Insurance has put together a good top-level overview of the burgeoning cyber insurance marketplace and offers a brief overview of what is covered by first-party and third-party policies.
You’ve probably seen the photo of a neighborhood decimated by fire. Among dozens of high-value homes destroyed, one remains unharmed thanks to the fire retardant foam sprayed by a homeowner’s
According to the research organization in charge of evaluating current legislation before Congress, “a complex array of laws and liability make cyberthreat information sharing a particularly sticky problem to tackle,” according
The Retail Cyber Intelligence Sharing Center has announced that it is launching an intelligence sharing portal for its Retail ISAC managed by the Financial Services ISAC. Retail Cyber Intelligence Sharing Center Executive
A new report by Allianz Global Corporate & Specialty has found that cyber awareness in the maritime sector is more-or-less nonexistent.
According to Fitch Ratings the cyber insurance market stands to be a key growth opportunity for the global (re)insurance industry.
The National Association of Insurance Commissioners have opened two cyber related document drafts for public comment from “regulators, interested parties and industry representatives.”
A government report has found that only “2 percent of large British firms have separate insurance against cyber attacks and the number dwindles to nearly zero for smaller firms.”
Last week, the Senate Commerce Committee’s Subcommittee on Consumer Protection, Product Safety, Insurance, and Data Security held its first cyber insurance hearing. Those who testified before the subcommittee included Michael Menapace, counsel
