cyber risk News

Crum & Forster Launches New Cyber Risk Service

Crum & Forster (C&F) announced the launched of a new service to assist policyholders in their effort to effectively manage and protect against cyber risk. To mitigate loss exposure C&F offers eRisk Hub, a private Web-based portal to provide policyholders …

Travelers Product to Address Cyber Exposures

As cyber risk becomes a larger threat to companies of all sizes, the associated costs and record breaches are staggering. A recent study found that the average cost of a data breach in 2010 was $7.2 million. According to another …

Hackers Accesssed Citi Bank Customers’ Data in May

Citigroup Inc. said computer hackers breached the bank’s network and accessed the data of about 200,000 bank card holders in North America, the latest of a string of cyber attacks on high-profile companies. Citi said the names of customers, account …

Risk of Cyber Attacks Rises as Technology Outpaces Policy

From the satellite pictures on Google Earth, Jinan looks like any other Chinese city — sprawling construction sites, massive factory blocks, apartment buildings, a university, dozens of railway lines and wide-open plazas. But according to the Internet giant, somewhere in …