Latest Cyber Headlines

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

Markets/Coverages: Beazley Launches Cyber Consortium for Large Corporates

Oct 8 2024 // Specialty insurer Beazley announced the launch of a cyber consortium that provides comprehensive cover for large corporates with a turnover in excess of $1 billion, infusing $100 million of new capacity into the cyber...

American Water Reports Cyber Incident; Shuts Down Customer Portal

Oct 8 2024 // New Jersey-based American Water, which runs water treatment, transmission, wells and other water facilities for 14 states, has reported a cyber incident. The company has deactivated its customer portal, MyWater, as a...

US DOJ Charges British Man Over ‘Hack-to-Trade’ Scheme

Oct 2 2024 // A British man has been arrested and charged by U.S. authorities with hacking into the computers of five companies to obtain details about their expected earnings, and making $3.75 million of illegal profit by trading...

Ransomware, Email Compromise Leading Causes of Cyber Loss: NetDiligence

Sep 27 2024 // Cybersecurity claims reported in recent years vary sharply, with larger claims reaching $500 million of data loss and smaller claims as low $1,000.NetDilligence released its annual report, which analyzes 10,464 claims from...

People Moves: Price Forbes Re Taps Howden’s Waterhouse as Head of Property Fac; AXA XL Appoints Underwriters and Claims Adjusters for UK Cyber Team

Sep 25 2024 // This edition of International People Moves details appointments at Price Forbes Re and AXA XL.A summary of these new hires follows here. Price Forbes Re Taps Howden’s Waterhouse as Head of Property FacPrice Forbes...

Cyber Hits All-Time High Concern for Business Leaders, Says Travelers Risk Index

Sep 25 2024 // For the fourth time in six years, cyber risk ranked highest as a concern for business leaders. In fact, this year cyber as a top concern reached an all time high, according to the 2024 Travelers Risk Index.Cyber was cited...

Kansas County Says Ransomware Attack Exposed Personal Information

Sep 24 2024 // A Kansas county said it found unauthorized access and acquisition of personal information maintained by the county, including protected health information related to individuals who received services.Franklin County,...

FBI Disrupts Vast Chinese Hacking Operation That Infected Consumer Devices

Sep 23 2024 // The FBI has disrupted a group of hackers working at the direction of the Chinese government who targeted universities, government agencies and other organizations, Director Chris Wray said last week.The hacking campaign...

Hackers Demand $6M for Files Stolen From Seattle Airport Operator in Cyberattack

Sep 20 2024 // Hackers are demanding $6 million in bitcoin from the operator of the Seattle-Tacoma International Airport for documents they stole during a cyberattack last month and posted on the dark web this week, an airport official...

23andMe Settles Data Breach Lawsuit for $30 Million

Sep 16 2024 // 23andMe will pay $30 million and provide three years of security monitoring to settle a lawsuit accusing the genetics testing company of failing to protect the privacy of 6.9 million customers whose personal information...

Microsoft, Cyber Firms Pursue Changes After CrowdStrike Outage

Sep 13 2024 // Microsoft Corp. said it’s building an alternative for cybersecurity companies that now utilize the deepest layer of its operating system after a flawed update from CrowdStrike Holdings Inc. triggered a global IT...

Hospital to Pay $65M to End Suit Over Cyberattack That Exposed Patients’ Nude Photos

Sep 12 2024 // Lehigh Valley Health Network has agreed to a $65 million settlement of a class action with patients and employees affected by a 2023 ransomware attack that exposed personal and medical information including nude photos of...

Mastercard Agrees to Buy Cyber-Defense Firm for $2.65 Billion

Sep 12 2024 // Mastercard Inc. agreed to buy cyber-defense firm Recorded Future for $2.65 billion to boost its ability to protect the card company’s massive global-payments system.The purchase from private equity firm Insight...

Moody’s, Amwins Expect Continued Cyber Market Growth

Sep 12 2024 // Two organizations recently expressed optimism that the softening cyber market that emerged in 2023 will remain favorable into the future. In separate reports, Moody’s Ratings and Amwins Brokerage offered insights on...

Union Reports Cyber Incident May Have Exposed Members’ Private Information

Sep 11 2024 // A Ridgefield Park, New Jersey-based labor union for longshoremen, healthcare, maintenance and other workers has reported a cyber incident that may have exposed some members’ private information.The office for Local...

Payment Gateway Slim CD Notifies 1.7M Cardholders of Hack

Sep 11 2024 // Electronic-payment gateway Slim CD has notified customers that its systems were hacked starting more than a year ago, potentially exposing the names, addresses, and credit card information of nearly 1.7 million...

Moody’s: Insurers and Asset Managers Bolstering Cyber Defenses

Sep 10 2024 // Insurers and asset managers worldwide continue to focus on cybersecurity amid growing risks, according to findings from a Moody’s Ratings survey that polled 110 companies operating across both...

Zurich, Marsh McLennan Call for Public Partnerships to Close Cyber Gaps

Sep 9 2024 // A new report from Marsh McLennan and Zurich titled “Closing the cyber risk protection gap” is calling for a closer collaboration between the insurance industry and the public sector as cyber insurance coverage...

Halliburton Says August Cyberattack Took Information From Systems

Sep 3 2024 // Oil service company Halliburton on Tuesday said a cyberattack last month has caused “disruptions and limitations” to business applications that support operations.“The company believes the unauthorized...

Finance Chief Resigns After Connecticut Town Hacked for $200K

Sep 3 2024 // The Connecticut town of Plymouth has been hacked for more than $200,000 and the town’s finance director has resigned as a result of the cybersecurity incident.Mayor Joseph Kilduff said the town fell victim to a...