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"Cyber Insurance"
Connecticut Bookmaker Gets Prison Time in Insurance Fraud Scheme
A bookmaker who pleaded guilty to charges he shot a gambler with a stun gun and tried to burn down a Middletown restaurant in an insurance fraud scheme is headed to prison.
The Hartford Courant reports 52-year-old John Barile of East Hartford was sentenced Tuesday to 71 months in federal prison. He pleaded guilty in February to charges of arson, insurance fraud, gambling and extortion. Continue reading
June was supposed to have been a triumphant month for Walt Disney Co. theme parks, with the flashy opening of a long-planned resort in Shanghai and a new Florida attraction based on its wildly popular animated movie “Frozen.”
Instead, the company is facing a public relations crisis and the possibility of legal action after an alligator snatched and killed a toddler at the Walt Disney World resort in Orlando, Florida, legal and communications experts said Continue reading
Cybersecurity firm Kaspersky Lab says it has uncovered an online marketplace where criminals from all over the world sell access to more than 70,000 hacked corporate and government servers for as little as $6 each.
Kaspersky discovered the forum after a tip from a European internet service provider. The market, called xDedic, is operated by hackers, who are probably Russian speaking, that have ditched their traditional business model of just selling passwords and have graduated instead to earning a commission from each transaction on their black market. Continue reading
Aside from whatever a visit to the doctor costs you in money, it also costs you in time. A lot of it.
End to end, the travel and waiting time for a doctor’s appointment can take several hours — often disrupting work or school. Only 17 percent of it — 20 minutes, on average — is spent actually seeing the doctor, according to a study by the University of Pittsburgh physician Kristin Ray and colleagues at the Harvard Medical School and the RAND Corporation. Continue reading
When a cyber breach occurs, lawsuits are usually not far behind. It’s a chain of events that has become de rigueur in the consumer realm when retailers experience a breach and it is bleeding over into the workplace, too. Continue reading
Imagine you regularly monitor a social media site in Country X, home to a small, but critical component in your supply chain. You start reading a blogger because he had mentioned your company a few months back. As time passes, you feel urgency in the posts and in related items on Twitter and elsewhere. The blogger raises questions about the country’s politics and economy. Continue reading
Microsoft Corp. has sued the U.S. government for the right to tell its customers when a federal agency is looking at their emails, the latest in a series of clashes over privacy between the technology industry and Washington. Continue reading
Liberty International Underwriters said on Monday that it has launched a cyber extortion endorsement to its product recall and contamination insurance policy for food and beverage companies.
This endorsement offers coverage to food and beverage policyholders for cyber extortion and consultant costs for acts against production and day-to-day operations, Liberty said in a statement. Continue reading
