Latest Cyber Headlines

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

People Moves: Marsh Names Butler as UK Cyber Leader; Chubb Appoints O’Donnell COO, Global Reins.; Everest Insurance Taps Marsh McLennan’s Leney to Lead APAC

Jun 29 2023 // This edition of International People Moves details appointments at Marsh, Chubb and Everest Insurance.A summary of these new hires follows here. Marsh Names Butler as UK Cyber LeaderMarsh, the insurance brokerage business...

UPS Working With Experts After Phishing Attack on Some Shippers, Customers

Jun 28 2023 // United Parcel Service said Wednesday it is working with law officials and outside experts following reports of phishing messages that were sent via text messages to certain shippers and their customers in Canada.The...

Siemens and UCLA Say Data Compromised in MOVEit Data Breach

Jun 27 2023 // Siemens Energy and the University of California, Los Angeles (UCLA) said on Tuesday they were among victims of the MOVEit hack that has affected scores of corporations, governments and other institutions in recent...

Australia Regulator Tells Medibank to Set Aside $167M After Major Cyber Attack

Jun 27 2023 // Australia’s banking regulator told insurer Medibank on Tuesday it would have to set aside A$250 million ($167 million) in extra capital, citing weaknesses identified in its information security after a major hacking...

Email Phishing Scam Targets Licensed Insurance Producers in Nevada

Jun 26 2023 // The Nevada Division of Insurance says it has been made aware of an email phishing scam targeting licensed insurance producers and agents in Nevada.The division has reportedly received several calls from licensed...

Russia-Aligned Hackers Pose Threat to Canada Energy Sector, Spy Agency Says

Jun 23 2023 // Russia-aligned hackers could seek to disrupt Canada’s powerful oil and natural gas sector, especially since Ottawa is a strong backer of Ukraine, a Canadian spy agency said on Wednesday.The Communications Security...

PwC Probes Security Incident Tied to Russian-Speaking Clop Cyber Gang

Jun 23 2023 // A criminal hacking gang has added more names to its lists of alleged victims from a recent campaign that exploited a vulnerability in a popular file-transfer product.The group, known as Clop, threatened to post internal...

Ransomware Gang Haunted US Firms Long Before MOVEit Hack

Jun 19 2023 // Shell Plc, IAG SA’s British Airways, the British Broadcasting Corp., the state of Minnesota’s Department of Education, multiple federal agencies — they’re among the victims of the latest data breach...

Cyber Insurance: A Growth Market for Insurers With Some Caveats

Jun 19 2023 // As demand for cyber insurance continues to grow, insurers must remain vigilant in managing the changing risk associated with the line of coverage.According to DBRS Morningstar, while cyber insurance is a market opportunity...

Security Firm: Chinese Hackers Broke Into Email Security Appliance in Spying Campaign

Jun 16 2023 // Suspected state-backed Chinese hackers used a security hole in a popular email security appliance to break into the networks of hundreds of public and private sector organizations globally, nearly a third of them...

New Zealand’s Smartpay Hit With Ransomware in Latest Antipodean Cyber Attack

Jun 16 2023 // New Zealand-based payments solutions provider Smartpay Holdings said on Friday that it faced a ransomware attack last week, becoming the latest victim in a slew of cyberattacks taking place in the region and in Australia...

US Agencies Hit in MOVEit Hacking Campaign as Victim List Grows

Jun 16 2023 // Multiple US agencies were compromised by a hacking campaign in which attackers have exploited flaws in a popular software tool to gather information from a range of victims.The US Cybersecurity and Infrastructure Security...

‘Lockbit’ Digital Gang Named Top Ransomware Threat by US, 6 Other Nations

Jun 15 2023 // The United States and six other countries on Wednesday identified the digital extortion gang operating under the “Lockbit” banner as the world’s top ransomware threat.In a joint advisory, U.S., Canadian,...

MOVEit Cyber Attack Hits UK Printing Firm Used by Insurers, Brokers and Banks

Jun 15 2023 // A UK printing firm that sends mail for clients ranging from major health-insurance providers to multinational banks was a victim of the extensive MOVEit cyberattack.Adare SEC confirmed to Bloomberg News on Monday that it...

People Moves: Guy Carpenter Expands Cyber Team

Jun 14 2023 // Guy Carpenter has appointed Matthew McCabe as managing director of cyber broking, based in New York. McCabe rejoins Marsh McLennan from Kivu Consulting, where he was general counsel and risk officer. Previously, he was a...

Cyber Insurance Premiums Surge by 50% as Ransomware Attacks Increase

Jun 14 2023 // US cyber insurance premiums surged 50% in 2022 as increased ransomware attacks and online commerce drove demand for coverage.Premiums collected from policies written by insurers reached $7.2 billion in 2022 and tripled in...

North Korean Hackers Stole $100 Million in Recent Cryptocurrency Heist: Analysts

Jun 14 2023 // North Korean hackers stole more than $100 million worth of digital currency in a recent heist affecting users of the Atomic Wallet service, cryptocurrency analytics firm Elliptic said Tuesday.In a blog post, Elliptic said...

People Moves: Guy Carpenter Expands Cyber Team With Key Appointments; Aspen Appoints AXA XL’s Welch as Chief Underwriting Officer, Reinsurance

Jun 13 2023 // This edition of International People Moves details appointments at Guy Carpenter and Aspen Insurance Holdings.A summary of these new hires follows here. Guy Carpenter Expands Cyber Team With Key Appointments to Global...

UK Communications Regulator Ofcom Says Hackers Stole Confidential Data

Jun 13 2023 // The hackers responsible for the MOVEit cyberattack downloaded confidential information from UK communications regulator Ofcom about companies it regulates, as well as its own employees — adding to a string of victims...

War in Ukraine Prompts Hike in Cyber Attacks on German Businesses

Jun 12 2023 // More than one in 10 German companies were the victim of a cyberattack last year, according to a new study, with the war in Ukraine prompting a steep increase in hacking in Europe’s largest economy.In a survey...