Latest Cyber Headlines

All the headlines from our Cyber Topic Page, ordered by recency.

Markets/Coverages: USQRisk Starts Corporate Cyber MGA

Oct 25 2023 // USQRisk, the international managing general agent specializing in alternative risk transfer solutions, has announced the launch of Pera, a managing general agent providing cyber and blended cyber and technology E&O...

Ransomware Attacks Have Nearly Doubled Over 2022, Says Corvus

Oct 25 2023 // Ransomware attacks are up 95.41% globally in 2023 year over year, a trend showing no signs of slowing.The number of ransomware victims to date in 2023 (3,311) has already surpassed totals for the entirety of 2021 (3,048)...

Two New York Hospitals Resume Admitting Emergency Patients After Cyberattack

Oct 25 2023 // Two New York hospitals that were hit with a cyberattack have resumed admitting emergency patients after shutting down their computer systems to investigate, hospital officials said.The ambulance diversion ended Saturday...

Philadelphia Reports Cyber Incident Affecting Email

Oct 24 2023 // The city of Philadelphia has released a notice about a cyber incident that occurred in May and July involving personal health information.On May 24, 2023, city officials initially became aware of suspicious activity in its...

Marsh Specialty Cyber Goes Global in 2024, Led by Reagan

Oct 24 2023 // Insurance broker Marsh said it is starting a global cyber practice at the start of 2024, led by Tom Reagan.Currently Marsh Specialty’s cyber practice leader, US and Canada, Reagan will become global specialty head of...

Report: More Founders Talking Cyber Protection With Stakeholders

Oct 24 2023 // Compared to last year, more than twice as many startup founders reported talking to their investors and boards about cyber protection often or always, according to a new Embroker cyber risk index. That number reached 83%...

Cyberattack on 2 New York Hospitals Forces Ambulance Diversions

Oct 23 2023 // Two hospitals in New York were hit with a cyberattack and had to divert patients to other facilities, hospital officials said Friday.The cyberattack affected computer systems at HealthAlliance Hospital in Kingston along...

Software Firm Okta Discloses Cyber Breach

Oct 23 2023 // Okta on Oct. 20 disclosed a breach of its customer support system that allowed some hackers to view files uploaded by certain clients, pushing the software company’s shares down about 12%.“Okta security has...

Ransomware Criminals Aiming at Third-Party Vendors in Hunt for ‘Big Game’

Oct 20 2023 // Ransomware victims have become less likely to pay extortion demands, but cyber criminals are changing their tactics by hitting third-party vendors and using data exfiltration instead of encryption when making ransom...

People Moves: Zurich Nordic Promotes Fritz to CEO; Arch Taps Cyber U/Ws From Tokio Marine and AIG; Liberty Names RSA’s Furlan as Head of Casualty, Europe

Oct 18 2023 // This edition of International People Moves details appointments at Zurich Insurance, Arch Insurance and Liberty Specialty Markets.A summary of these new hires follows here. Zurich Promotes Fritz to CEO Zurich NordicZurich...

Major Cyber Attack Could Cost Global Economy $3.5 Trillion: Lloyd’s

Oct 18 2023 // A cyber attack on a major financial services payments system could result in widespread business disruptions, potentially costing the global economy $3.5 trillion over a five-year period, according to research from...

Israeli Cyber Professionals Band Together to Fight Hacktivist Activity Amid Gaza War

Oct 16 2023 // As Israeli children listened to their teacher over Zoom, the image of a gun-toting man in fatigues appeared on the screen, according to a screenshot shared with Reuters. In another case, a video showed a billboard in the...

Rutter’s Stores Pays $1 Million for Payment Card Data Breach

Oct 16 2023 // Pennsylvania Attorney General Michelle Henry announced a settlement with York-based convenience store chain, Rutter’s, regarding cybersecurity attacks that exposed information from more than a million customer...

UK Watchdog Fines Equifax $13.4M for Role in ‘One of Largest’ Cyber Breaches

Oct 16 2023 // Britain’s financial watchdog said on Friday it had fined consumer credit rater Equifax Ltd. 11 million pounds ($13.4 million) for its role in “one of the largest” cyber-security breaches in history.The...

Mercenary Hackers Stole Data Exxon Cited in Climate Lawsuits: US Prosecutors

Oct 13 2023 // U.S. prosecutors say an Israeli private investigator used hackers to steal emails from climate activists who were campaigning against American energy giant Exxon Mobil Corp.In a sentencing memo filed on Thursday, U.S....

MGM Hackers Waited for Days Before Issuing Their Ransom Demands

Oct 13 2023 // MGM Resorts International Chief Executive Officer Bill Hornbuckle chose not pay a ransom to hackers who broke into his casino chain’s computer system because they didn’t ask for money until well after the...

Key to Proactive Cyber Security Is Management of Third-Party Vendor Risks

Oct 12 2023 // The hack of the MOVEit file transfer platform, developed by Progress Software and used by businesses of all sizes, serves as a reminder of the potential vulnerabilities faced by third party vendors.In this June 2023 hack,...

23andMe Faces Class Action Lawsuit Following Data Breach

Oct 11 2023 // In a move that has come to be expected following most cyberattacks, two victims of the recent 23andMe data breach have filed a class action lawsuit.The suit, filed in U.S. District Court for the Northern District of...

Cyber Pro Talks Managing Insider Threats, Building a Cybersecurity Career

Oct 11 2023 // Boyd Clewis’s journey to building a career in cybersecurity began with learning how to persevere and problem solve in the face of setbacks – advice he now shares with companies for managing their cyber risk.After...

Spanish Airline Air Europa Hit by Data Breach of Credit Card System

Oct 11 2023 // Spanish airline Air Europa has suffered a cyberattack on its online payment system that let some of its customers’ credit card details exposed, the company said on Tuesday.The airline emailed customers whose credit...