data breach News

Marriott CFO Says $1B Cyber Breach Estimate Premature

It’s too soon for Marriott International Inc. to estimate the cost of the massive cyber breach that the company disclosed last week, and other companies that have suffered big attacks are imperfect proxies, said Chief Financial Officer Leeny Oberg at …

Starwood Points at Risk in Marriott Hack

It’s not just your credit card number that hackers want anymore. It’s your points. Marriott International Inc.’s disclosure on Friday that it’s investigating how hackers siphoned data from 500 million guests is the latest example of fraudsters targeting the $238 …

Arizona Professor Explains How Hacking Evolved to Data Theft

As data breaches continue to be reported, Adam DoupĂ©, assistant professor of engineering and associate director of Arizona State University’s Center for Cybersecurity and Digital Forensics, explains how hacking evolved into a leading way to steal consumer information. How has …

European Data Privacy – What’s Changing Under New Data Privacy Rules

Europe’s new data and privacy rules take effect this Friday, clarifying individual rights to the personal data collected by companies around the world for targeted advertising and other purposes. Years in the making, the rules are prompting companies to rewrite …

HSB: A Third of U.S. Consumers Have Been Notified of a Data Breach

About one-third of U.S. consumers (34 percent) have been notified that their data has been breached, according to a survey released by The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, and one in five have …

Equifax Hack Breach Exposed More Data Than Consumers Knew

The Equifax data breach exposed more of consumers’ personal information than the company first disclosed last year, according to documents given to lawmakers. The credit reporting company announced in September that the personal information of 145.5 million consumers had been …

Beazley: Fraudulent Instruction an Emerging New Cyber Threat

Claims data recorded by Beazley, the specialist insurer and leading provider of cyber insurance, indicates that organizations are facing an increased threat to their operations from fraudulent instruction scams. Fraudulent instruction incidents reported to Beazley Breach Response Services (BBR Services) …

How Cyber Market Changes Will Impact Claims

Changes in the cyber insurance market are expected to bring challenges to claims departments, according to Tom Johansmeyer, assistant vice president at PCS, a division of Verisk Insurance Solutions. In an interview with Claims Journal, he explained that as the …

Equifax Hack Has Businesses Uneasy About Security

The Equifax breach is reminding small business owners that they may be vulnerable to cybercriminals. Companies that provide security and other technology services to small businesses say they’ve had an increase in calls from customers since Equifax revealed that the …

Key Equifax Execs Depart Amid Questions in Data Breach

Equifax announced late Friday that its chief information officer and chief security officer would leave the company immediately, following the enormous breach of 143 million Americans’ personal information. The credit data company – under intense pressure since it disclosed last …