All the headlines from our Cyber Topic Page, ordered by recency.
May 15 2017 // Many companies outside the United States may not have cover for a recent computer-system attack, leaving them potentially with millions of dollars of losses because there has been relatively little take-up of cyber...
May 15 2017 // Governments and companies around the world began to gain the upper hand against the first wave of an unrivaled global cyber attack, even as the assault was poised to continue claiming victims this week.More than 200,000...
May 13 2017 // The cyber attack that spread rapidly around the globe was stifled when a security researcher disabled a key mechanism used by the worm to spread, but experts said the hackers were likely to return as many computers remain...
May 12 2017 // Extortionist hackers who may be using leaked computer exploits from the U.S. National Security Agency infiltrated computers in dozens of countries in a fast-spreading attack that forced British hospitals to turn away...
May 12 2017 // Suspected Russia-backed hackers have launched exploratory cyber attacks against the energy networks of the Baltic states, sources said, raising security concerns inside the West’s main military alliance,...
May 12 2017 // Nine in 10 global cyber security and risk experts believe that cyber risk is systemic and that simultaneous attacks on multiple companies are likely in 2017, according to a study by American International Group.More than...
May 11 2017 // Germany’s federal cyber agency said on Thursday that Yahoo Inc. had not cooperated with its investigation into a series of hacks that compromised more than one billion of the U.S. company’s email users between...
May 11 2017 // Aon plc announced that Jason Hogg has joined the firm as leader of Aon Cyber Solutions, responsible for the growth strategy of the firm’s solutions that help clients address and manage cyber risk.He will also serve...
May 10 2017 // Everest Insurance has collaborated with cybersecurity firm, Soteria, LLC, and its group of former U.S. government cyber security experts, in conjunction with the launch of its new Elevation Private Equity Insurance...
May 10 2017 // Nexus Group, the London-based independent specialty managing general agent (MGA), has formed a partnership with Beazley to provide cyber insurance with effect from May 1, 2017.Nexus will underwrite the new line, offering...
May 10 2017 // For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the brave new world of cyber crime insurance, it’s free...
May 8 2017 // Beazley has unveiled two sets of financial lines’ products for organizations domiciled outside the United States. One is designed for the specific needs of financial institutions and the other provides comprehensive...
May 1 2017 // “We can’t talk a whole lot about the hack itself, because obviously we don’t want this to happen again.”— Sana Syed, spokeswoman for the city of Dallas, speaking about the hack of the...
Apr 27 2017 // Hackers are demanding increasingly hefty ransoms to free computers paralyzed with viruses, as cyber criminals seek to maximize profits from large numbers of victims willing to pay up, according to cyber security firm...
Apr 25 2017 // Despite believing that their plant, property and equipment are now less valuable than their cyber assets, most organization spend four times more on insurance protecting their physical plants, properties and equipment than...
Apr 24 2017 // Treating cyber risk as a standalone insurance market holds the promise of unlocking the potential for meaningful coverage for both insurers and buyers, according to a new report by JLT Re and JLT Specialty...
Apr 24 2017 // Catastrophe modeling firm AIR Worldwide has released a new cyber risk modeling application for the insurance and reinsurance markets.ARC (Analytics of Risk from Cyber) is designed to evaluate any commercial policy...
Apr 21 2017 // Nirvana Risk Partners has launched as an underwriting cell on Castel Underwriting Agencies’ MGA formation platform, targeting media, technology and cyber liability risks.Nirvana will underwrite risks for small and...
Apr 20 2017 // Building on their existing collaboration, Beazley and Munich Re’s Corporate Insurance Partner announced the creation of “Vector,” a partnership that aims “to bring innovation and capacity to the...
Apr 20 2017 // Global hotel chain InterContinental Hotels Group Plc said 1,200 of its franchised hotels in the United States, including Holiday Inn and Crowne Plaza, were victims of a three-month cyber attack that sought to steal...