All the headlines from our Cyber Topic Page, ordered by recency.
Jan 23 2024 // A Massachusetts hospital that suffered a cyber attack in December has been hit with a class action lawsuit for its alleged failure to secure patients’ personal information.Anna Jaques Hospital in Newburyport...
Jan 23 2024 // Australia imposed cybersecurity sanctions for the first time on a Russian hacker over his role in the breach of healthcare insurer Medibank Private Ltd. that exposed the sensitive private data of millions of...
Jan 23 2024 // The 5th U.S. Circuit Court of Appeals ruled last week that Southwest Airlines can continue to seek reimbursement under its Liberty Mutual cyber risk policy for costs incurred during a 2016 massive computer failure.An...
Jan 23 2024 // Apparel and footwear company VF Corp. disclosed last week that the personal data of about 35.5 million consumers were stolen as part of a December 2023 cyberattack.According to a Jan. 18 filing with the U.S. Securities and...
Jan 22 2024 // Microsoft Corp. said a Russian-linked hacking group attacked its corporate systems, getting into a “small number” of email accounts, including those of senior leadership and employees who work in cybersecurity...
Jan 22 2024 // Envelop Risk, the data-driven cyber re/insurance and analytics specialist, announced the launch of Envelop SPA 1925, a dedicated cyber reinsurance special purpose arrangement (SPA) at Lloyd’s, in partnership with...
Jan 19 2024 // TOPEKA, Kan. (AP) — The Kansas court system needs at least $2.6 million in additional funds to recover from an October cyberattack that prevented the electronic filing of documents and blocked online access to records...
Jan 18 2024 // Underwriters who thought the growing cyber risk landscape of the past several years would level off soon might want to think again. Woodruff Sawyer’s annual survey of cyber insurance carriers found all underwriters...
Jan 17 2024 // Powered by InsuranceJournal.tvRansomware has been a hot topic in the cyber industry for several years, but cyber criminals are finding ways to keep it relevant. “Ransomware, I would say, is decreasing in [frequency]...
Jan 17 2024 // Swiss Re has purchased the cyber market’s first retrocession industry loss warranty (ILW), brokered by Gallagher Re and supported by a number of specialist reinsurers.Swiss Re secured $50 million of catastrophic US...
Jan 17 2024 // The Iran-backed Hezbollah militant group in Lebanon and Russia-linked hackers have stepped up cyberattacks against Israel since the war with Hamas began, according to the chief technology officer of Israel-founded...
Jan 17 2024 // Cyber-related incidents such as ransomware attacks, data breaches and IT disruptions are the biggest worry for companies globally in 2024, according to the Allianz Risk Barometer.Business interruption ranked second, while...
Jan 16 2024 // U.S. lawmakers have urged the Securities and Exchange Commission (SEC) to review its cyber security preparedness after the financial regulator’s X account posted market material information earlier in the week due to...
Jan 12 2024 // The hack of the U.S. Securities and Exchange Commission’s X account earlier this week is shining a light on an uncomfortable truth: Cybersecurity measures at Wall Street’s chief regulator have repeatedly been...
Jan 11 2024 // Title insurer Fidelity National Financial (FNF) said about 1.3 million customers have been impacted by a cyberattack it suffered last November.According to a filing with the U.S. Securities and Exchange Commission, FNF...
Jan 11 2024 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Ardonagh Specialty, and Lockton Re.A summary of these new hires and promotions follows here. BHSI Taps...
Jan 11 2024 // China’s financial regulator told its banks and insurers to thoroughly review cyber and data security across all their businesses, underscoring the government’s increased focus on national security and data...
Jan 10 2024 // The U.S. retail mortgage lender loanDepot is struggling to recover from a cyberattack that impacted its loan processing and phone service.In a filing on Monday with the Securities and Exchange Commission, the company said...
Jan 10 2024 // Aspen Insurance Holdings Ltd. has partnered with Surefire Cyber to launch Aspen Cyber Risk Services (ACRS), a complimentary suite of services that will enable its primary cyber insureds to proactively tackle cybersecurity...
Jan 10 2024 // The hack of the U.S. Securities and Exchange Commission’s official account on X on Tuesday renewed concerns about the social media platform’s security since its takeover by billionaire Elon Musk in 2022.The...