All the headlines from our Cyber Topic Page, ordered by recency.
Apr 16 2024 // Alabama-based CRC Group, a wholesale and specialty distributor and part of Truist Insurance Holdings, has shuffled its deck a bit, moving InsureTrust, a cyber coverage broker, from Starwind Specialty. Starwind was formed...
Apr 16 2024 // The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year in 2023, but written premium volume has stalled amid renewed pricing pressure, according to a Fitch Ratings...
Apr 16 2024 // The first quarter Small Business Index, which measures small business owner confidence, is 62.3—similar to last quarter’s score of 61.3—reflecting a stable business climate. More small businesses see an improving...
Apr 16 2024 // UnitedHealth Group expects to take a hit of as much as $1.6 billion this year from disruptions caused by the February cyberattack at its Change Healthcare unit.Despite the disruptions, UnitedHealth still beat estimates for...
Apr 16 2024 // Dutch-headquartered chipmaker Nexperia was victim of a hacking attack by cyber criminals last month, the Chinese-owned company said on Friday, and was investigating the incident with the help of outside...
Apr 15 2024 // In an inaugural EY/Institute of International Finance (IIF) global insurance risk management survey, cybersecurity was ranked as the highest concern for chief risk officers.CROs surveyed said the top five risk types or...
Apr 15 2024 // Security threats are getting more sophisticated – and expensive – and this trajectory will continue. Digital footprints and technology usage will only keep expanding, adding to vulnerability and presenting more...
Apr 12 2024 // COLUMBIA, S.C. (AP) — Twelve years after a hacker stole personal data from more than 3.6 million people in South Carolina by obtaining Social Security numbers and credit card information from tax returns, the...
Apr 12 2024 // The U.S. Cybersecurity and Infrastructure Security Agency said Russian government-backed hackers have used their access to Microsoft’s email system to steal correspondence between officials and the tech giant, an...
Apr 11 2024 // The US lead agency for federal cybersecurity is warning that Sisense Inc., a data analytics company, has suffered a compromise that could expose customer credentials and cryptographic secrets.Sisense provides AI-driven...
Apr 10 2024 // This edition of International People Moves details appointments at AXIS Global Markets and Newline Europe.A summary of these new hires follows here. AXIS Global Markets’ Head of Underwriting Robson to Retire,...
Apr 10 2024 // A freshly formed hacking gang claims to have won access to a massive stash of data stolen from UnitedHealth Group, the largest U.S. health insurer, but with little evidence to go on it is not clear whether they are telling...
Apr 9 2024 // Israeli cyber security startup Claroty is preparing a possible U.S. initial public offering in 2025 at a valuation of $3.5 billion, the Calcalist financial daily reported on Tuesday.Calcalist, without citing sources, said...
Apr 8 2024 // NEW YORK, April 8, 2024 – LineSlip, the leading provider of data analytics for commercial insurance brokers, risk managers, and private equity, today launched a first-of-its-kind interactive cyber insurance modeling tool...
Apr 8 2024 // German software developer Andres Freund was running some detailed performance tests last month when he noticed odd behavior in a little-known program. What he found when he investigated has sent shudders across the...
Apr 4 2024 // Japanese lens maker Hoya Corp. on Thursday said the production of several of its products have stopped after a system failure, which was “most likely caused by unauthorized access” to its servers.Hoya said the...
Apr 3 2024 // AXA SA is planning a campaign to help prevent cyberattacks targeting France in the run-up to the Paris Olympics next summer. The insurer will share key measures with French corporate clients to improve the protection of...
Apr 3 2024 // With millions of connected vehicles on U.S. roads, personal cars and trucks will likely be the next big target for hackers and cyber thieves, according to specialty insurer HSB, which has launched a new cyber insurance...
Apr 3 2024 // A Chinese-state intrusion last year of Microsoft Corp. technology that enabled hackers to gather US officials’ emails “should never have occurred,” according to a report released Tuesday from a government...
Apr 2 2024 // Systemic cyber risk is being discussed as a growing concern for insurers as technology advances and interconnectivity increases, but how is this risk defined? That may be one of its gray areas.“As you go through...