CYBER RISKS
Working from home can be precarious. The household printer is upstairs and the dog lives under my desk, so its not a stretch to imagine a scenario where I trip over the dog and/or slip on the stairs as I run up to retrieve a document.
MONTE CARLO, Monaco The market for cyber liability reinsurance is stable but is unlikely to grow significantly until more sophisticated underwriting tools are developed to assess the risks, reinsurance leaders say.
Working from home can be precarious. The household printer is upstairs and the dog lives under my desk, so its not a stretch to imagine a scenario where I trip over the dog and/or slip on the stairs as I run up to retrieve a document.
MONTE CARLO, Monaco The market for cyber liability reinsurance is stable but is unlikely to grow significantly until more sophisticated underwriting tools are developed to assess the risks, reinsurance leaders say.
Suspected Chinese hackers tampered with widely used software distributed by a small Canadian customer service company, another example of a supply chain compromise made infamous by the hack on U.S. networking company SolarWinds.
Around $22 trillion of global debt rated by Moodys has a high or very high exposure to the risk of cyberattack, the ratings agency said in a report on Thursday, with hospitals and utilities seen at the greatest risk.
Business and media publication Fast Company said it shut down its website Tuesday evening after the site was hacked and sent obscene and racist notifications to Apple users via the iPhone makers Apple News service.
Business and media publication Fast Company said it shut down its website Tuesday evening after the site was hacked and sent obscene and racist notifications to Apple users via the iPhone makers Apple News service.
Wholesaler RT Specialty said Thursday it is introducing a facility that offers up to $15 million in excess cyber coverage capacity per account.
Insurers are increasing their scrutiny of the age and condition of commercial building roofs and imposing more restrictive terms under property policies.
Wholesaler RT Specialty said Thursday it is introducing a facility that offers up to $15 million in excess cyber coverage capacity per account.
Insurers are increasing their scrutiny of the age and condition of commercial building roofs and imposing more restrictive terms under property policies.
Italian oil company Enis computer networks were hacked in recent days, but the consequences appear to be minor so far, the company said on Wednesday.
Elon Musk's demands for Twitter Inc. user details were rejected as "absurdly broad" by a judge on Thursday, although the billionaire will get some data as he pursues his bid to end his $44 billion acquisition of the company.
Popular digital password manager LastPass said that hackers recently stole parts of the companys source code and other sensitive data.
Popular digital password manager LastPass said that hackers recently stole parts of the companys source code and other sensitive data.
DoorDash Inc. on Thursday said personal details of some customers and drivers had been accessed by an unauthorized party in a phishing attack on a third-party vendor.
Beauty products retailer Sephora Inc. will pay $1.2 million to settle charges it violated the California Consumer Privacy Act, the California attorney generals office said Wednesday.
Beauty products retailer Sephora Inc. will pay $1.2 million to settle charges it violated the California Consumer Privacy Act, the California attorney generals office said Wednesday.
A Chubb Ltd. unit does not have to indemnify a software company in an infringement lawsuit under its claims-made policy because the dispute is related to an earlier settlement, where the insurer was American International Group Inc., a federal appeals court said Tuesday, in affirming a lower court ruling.
A Chubb Ltd. unit does not have to indemnify a software company in an infringement lawsuit under its claims-made policy because the dispute is related to an earlier settlement, where the insurer was American International Group Inc., a federal appeals court said Tuesday, in affirming a lower court ruling.
Twitter Inc. has reiterated that spam accounts on its platform represent fewer than 5% of its total users, in response to the U.S. Securities and Exchange Commissions letter in June seeking details on its methodology.
Meta Platforms Inc. reached a $37.5 million settlement of a lawsuit accusing the parent of Facebook of violating users privacy by tracking their movements through their smartphones without permission.