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Risk modelers look to clarify cyber risk costs

December 19, 2014 publisher buy-insurance, calculate-how, cyber-attack, did-not, elizabeth, faced, file-picture, government, million-unique, obama, picture, president-barack, the-brokerage, warsaw

By Luciana Lopez NEW YORK (Reuters) – Even as the Sony Corp cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not always easy to get.

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Staples says security breach may have affected 1.16 million cards

December 19, 2014 admin buy-insurance, calculate-how, country, cyber-attack, external-data, file-picture, office-supplies, payment-card, picture, warsaw

(Reuters) – Office-supply retailer Staples Inc said about 1.16 million payment cards might have been affected by the data breach announced in October. An investigation by external data security experts showed that criminals deployed malware to some point-of-sales systems at 115 U.S. stores, Staples said