When is a war really a not a war, at least as far as an insurance company is concerned? That is the question the cybersecurity and insurance industries are likely to find out at the conclusion of a court case between Zurich International and the U.S. food company Mondelez International, one of the many firms…
Hackers breached a server in the health services center at the University of California, Berkeley, and accessed the personal data of more than 160,000 people, the college announced Friday. The stored database records included Social Security numbers and health insurance and other medical information. The intruders, believed to be based overseas, burrowed their way in through a public website. The breach, which began in October and continued through April, affected former Berkeley students and possibly their spouses or parents if they were linked to insurance coverage. — DK
T-Mobile confirmed in a letter that the personally identifiable information of about 15 million customers has been obtained through a hack at Experian, a T-Mobile vendors hired to perform credit checks.
While insurance companies and corporate boards of directors debate the benefits and drawbacks to buying yet more insurance - this time cyber liability insurance - the biggest gotcha that companies will face might well lie in the dictionary rather than in the policies themselves.
Less than a day after The New York Times revealed that its reporters were targeted by Chinese hackers, The Wall Street Journal disclosed on Thursday that its systems were also breached by attackers from China wanting to observe the newspaper's coverage of the country.