Filed Under:Agent Broker, E&S/Specialty Business

IQ: FBI Says Cyber Risks to Surpass Terror Risks

Security officials see cybercrimes nearing the most dangerous of our nation’s concerns, with cyber-threats expected to soon surpass terrorism threats, according to FBI Director Robert Mueller. 

FBI officials are looking to combat crimes ranging from mortgage and health care fraud to child pornography and terror recruitments. These threats are posed by organized cybercriminals, rogue hackers and unfriendly foreign governments.

Private companies often see cyber-threats first. Soon, Mueller said, there will only be two types of companies left: “Those that have been hacked, and those that will be.”

For more on cyber liability, read these stories at propertycasualty360.com:

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Here's what Ebola will mean for the P&C industry over the long term

The primary impact of the Ebola epidemic “crisis” on U.S. property and casualty insurers will be on companies writing workers compensation insurance, according to a new study by the Insurance Information Institute.

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Hurricane Gonzalo blasts over Bermuda

Category 2 Hurricane passes over Bermuda leaving mainly wind damage and power outages.

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