Data Privacy & Cybersecurity

Cyber Insurance: How The Carriers See It

Cyber insurance has been available for years – AIG has offered it since 1999 – but it’s clearly a product […]

Cybersecurity Breach Liability

Companies need to be able to make the case that they have implemented “reasonable security” in the face of cyber threats, even though it’s not clear exactly what reasonable security is.

FDIC to Banks: Prep for “Urgent” Threat of Cyberattacks

A Cybersecurity and Critical Infrastructure Working Group formed by the Federal Financial Institutions Examination Council will soon release a report assessing the banking sector’s overall readiness to address a significant cyberthreat, FDIC Chairman Martin Gruenberg told attendees of the American Banker Regulatory Symposium.

Insurer Not Off The Hook In $3.5 Million Computer-Hack Case

After hackers managed to route $3.5 million from a customer’s Philadelphia bank account to recipients in Russia and Belarus, the […]

JPMorgan Hackers Breached Nine Other Financial Firms

The overseas hackers who compromised more than seven million people’s information at JPMorgan Chase & Co. also infiltrated nine other […]

Hackers Targeting Law Firms To Get To Corporate Clients

Hackers are looking to cyber-vulnerable law firms as a “back door” to gain access to the firm’s corporate clients. The […]

IBM Study: Most Cyber Breaches Involve Human Error

Businesses are spending big money to make sure they have the technology they need to keep data secure but the […]

Firms Spend Big To Stay Ahead of Hackers

The number keep getting more alarming: The number of incidents, the cost of an incident, the number of compromised accounts […]

SEC Requires Greater Disclosure of Cyber Events

Public companies may soon be required to file a Form 8-K with the SEC after experiencing a cybersecurity event.

Coverage From Cyber-Insurance Could Prove Thin

Cyber insurance demand is skyrocketing, but the difficulty of defining and quantifying damages means that companies suffering a breach will […]

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