Business Insurance - _Specialty Risks http://businessinsurance.com/section/news07 http://www.businessinsurance.com en-us Mon, 22 Dec 2014 08:09:23 EST 10 North Korea's Sony hack seen as cyber security game-changer http://businessinsurance.com/article/20141221/NEWS07/312219980 20141221/NEWS07/312219980 Risk and security experts examining the unprecedented cyber attack on Sony Pictures Entertainment Inc. see it as a game-changer for companies who think they have a handle on cyber security. Sun, 21 Dec 2014 06:00:00 EST Staples says breach may have affected 1.16 million payment cards http://businessinsurance.com/article/20141219/NEWS07/141219799 20141219/NEWS07/141219799 (Reuters) — Office equipment supplier Staples Inc. said the investigation of a data security breach showed that malware may have affected about 1.16 million payment cards. Fri, 19 Dec 2014 16:03:42 EST Obama vows U.S. response to North Korea over Sony cyber attack http://businessinsurance.com/article/20141219/NEWS07/141219802 20141219/NEWS07/141219802 (Reuters) — President Barack Obama vowed that the United States will respond to the devastating cyber attack on Sony Pictures Entertainment Inc. blamed on the North Korean government. Fri, 19 Dec 2014 14:36:52 EST Attorney General Holder moves to protect transgendered under Civil Rights Act http://businessinsurance.com/article/20141219/NEWS07/141219804 20141219/NEWS07/141219804 In a reversal of an earlier position that will affect public employers, U.S. Fri, 19 Dec 2014 14:16:52 EST Ransomware hacks an emerging risk for companies http://businessinsurance.com/article/20141219/NEWS07/141219816 20141219/NEWS07/141219816 SINGAPORE — “Ransomware,” a type of hack whereby a company's employees innocently click on a malware link that apparently originates from inside the company and a message appears saying all of a company's data will be encrypted and... Fri, 19 Dec 2014 08:09:20 EST Deere to sell crop insurance business to Farmers Mutual Hail http://businessinsurance.com/article/20141218/NEWS07/141219832 20141218/NEWS07/141219832 Deere & Co. said Thursday it has reached a definitive agreement to sell its crop insurance business to West Des Moines, Iowa-based Farmers Mutual Hail Insurance Co. of Iowa. Thu, 18 Dec 2014 14:11:54 EST U.S. weighs response to Sony hacking attack blamed on North Korea http://businessinsurance.com/article/20141218/NEWS07/141219833 20141218/NEWS07/141219833 (Reuters) — The United States was considering possible options on Thursday in response to a major cyber attack on Sony Pictures blamed on North Korea, amid calls for tougher sanctions on Pyongyang to cut it off from the global banking system. Thu, 18 Dec 2014 13:55:10 EST Avon to pay $135M in fines over bribes to Chinese officials http://businessinsurance.com/article/20141218/NEWS07/141219834 20141218/NEWS07/141219834 Avon Products Inc. will pay $135 million to settle charges that its China unit concealed more than $8 million in gifts, cash and non-business meals, travel and entertainment it gave to government officials to obtain and retain business benefits. Thu, 18 Dec 2014 13:47:25 EST Sony cancels N. Korea movie in apparent win for Pyongyang hackers http://businessinsurance.com/article/20141218/NEWS07/141219836 20141218/NEWS07/141219836 (Reuters) — Sony Pictures has canceled the release of a comedy on the fictional assassination of North Korea's leader, in what appears to be an unprecedented victory for Pyongyang and its abilities to wage cyber-warfare. Thu, 18 Dec 2014 10:54:42 EST New England pharmacists face murder charges over meningitis outbreak http://businessinsurance.com/article/20141217/NEWS07/141219849 20141217/NEWS07/141219849 The head and supervisory pharmacists at New England Compounding Center Inc. have been indicted on second-degree murder charges in seven states. Wed, 17 Dec 2014 14:55:11 EST