cyber policy News

Craigslist Founder, Facebook’s Ex-Security Chief Team Up Over 2020 Online Fears

SAN FRANCISCO — The project by Facebook Inc. former chief security officer Alex Stamos to battle online abuses has received $5 million from Craigslist founder Craig Newmark, the Stanford Internet Observatory said this week. Stamos, in an interview with Reuters, …

Equifax Cyber Policy Likely Inadequate Against Breach

Equifax Inc.’s insurance against cyber breaches is likely inadequate to cover the credit-reporting company’s costs tied to one of the biggest hacks in history, according to people familiar with the coverage. The company holds a policy that would probably cover …

New Risks Impacting E & O Claims

Cyber risk is just one of the factors impacting errors and omissions claims, according to panelists at the American Bar Association’s annual Tort Trial & Insurance Practice Section’s Insurance Coverage Litigation Committee. Because of a convergence of new risks facing …