Weekly News Roundup: September 6, 2013

Some news highlights from around the world this week related to cyber insurance, recent card breaches triggered by malware and Mako’s continued growth:

Dark Reading – Cyber Insurer Sues Grocery Client, Says It Won’t Pay Breach Claims – Grocery chain Schnucks, which suffered a major card data breach earlier this year, has been sued by its cyber insurance provider over lawsuits resulting from the breach. Liberty Mutual, which provides the cyberbreach insurance coverage for Schnucks, sued Schnucks last week, saying that it should not be liable to pay the costs of eight lawsuits arising from the breach or for claims made by banks that work with Schnucks. In court documents published by the website Main Justice, Liberty Mutual says that it is willing to pay Schucks’ breach costs, it is not willing to pay costs resulting from lawsuits filed by customers against the grocery chain over the breach of privacy. Liberty Mutual also says it will not pay costs related to claims by four banks and one payment processor resulting from the breach. Schucks’ cyber insurance is provided as part of a multipurpose property damage policy that does not cover suits and claims resulting from a breach, the insurer says.

Bank Info Security – Recent Retail Breaches Connected – A malware attack that exploited a point-of-sale software vulnerability within systems used by a select group of Kentucky and Southern Indiana retailers has now been linked to attacks against grocery chain Schnuck Markets Inc. and four other merchants earlier this year.

digitl – Briefly: Will Labour get behind submarine cable? LG’s HD tablet, Mako Networks – A short news update includes details of Mako’s partnership with BullsEye in the 2 September edition. digtl is a recently launched technology news website, syndicated through other popular New Zealand online channels like Geekzone and Scoop.co.nz.