data theft News

Viewpoint: Calculating Business Interruption Costs in Cyber Claims

While cyber was incorporated in some general liability policies (GL) of the 1980s, the first cyber standalone policy was written in 1997 through American International Group. Though groundbreaking, as it was the first to address cybersecurity, it was a third-party …

Data of 40 Million Plus Exposed in Latest T-Mobile Breach

The names, Social Security numbers and information from driver’s licenses or other identification of just over 40 million people who applied for T-Mobile credit were exposed in a recent data breach, the company said Wednesday. The same data for about …

Executives at the World Economic Forum See Data Theft as Hard to Beat

Fighting online data fraudsters is almost impossible as their ability to hack into new technology often outpaces companies efforts to protect it, senior businessmen and bankers gathering for the World Economic Forum (WEF) said. The mammoth data breach at U.S. …

Target Data Breach Could Affect up to 40M

Target says that about 40 million credit and debit card accounts may have been affected by a data breach that occurred just as the holiday shopping season shifted into high gear. The chain said that accounts of customers who made …

Norway Hit By Major Data-theft Attack

Norwegian security officials say the Nordic country has been hit by one of the most extensive data espionage attacks in the country’s history. The Norwegian National Security Authority says industrial secrets from the oil, energy and defense industries have been …