All the headlines from our Cyber Topic Page, ordered by recency.
Apr 8 2022 // Rate hikes for commercial lines of insurance are slowing to single-digit increases or even flat renewals, according to broker WTW’s Marketplace Realities spring update.The exception, as it has been, is cyber...
Apr 6 2022 // A data breach at the Texas Department of Insurance (TDI) early this year affected approximately 1,800,000 Texans, according to the Data Security Breach Reports from the Office of the Attorney General.TDI announced in March...
Apr 6 2022 // Vanyo Named General Counsel of MarshMarsh McLennan announced the appointment of Mikhail “Misha” Vanyo as general counsel of Marsh. Based in New York, Vanyo will lead all legal and compliance strategy for Marsh...
Apr 5 2022 // This edition of International People Moves details appointments at re/insurers Beazley and RenaissanceRe Holdings, as well as insurance broker Miller.A summary of these new hires follows here. Beazley Appoints New Head of...
Apr 5 2022 // The City of London police, which has been investigating the Lapsus$ hacking group, said on Friday it had charged two teenagers with cyber offenses.A 16-year-old and 17-year-old were charged with unauthorized access to a...
Apr 4 2022 // Cyber risk and analytics firm CyberCube said it has seen cyber attacks on Ukrainian government services, infrastructure and other industries, and it urges the insurance industry to reevaluate exposures.Russia’s...
Apr 4 2022 // Companies critical to U.S. national interests will now have to report when they’re hacked or they pay ransomware, according to new rules approved by Congress.The rules are part of a broader effort by the Biden...
Apr 4 2022 // The Russian invasion of Ukraine may result in cyberattacks causing widespread and severe losses in Ukraine and beyond.Even before the current invasion, some Russian cyberattacks aimed at Ukraine spread to other nations....
Mar 31 2022 // Lockton appointed Michelle Faylo as its U.S. Cyber & Technology Leader. Faylo will lead Lockton’s team of skilled cyber specialists, delivering innovative and effective solutions to global businesses that face...
Mar 31 2022 // Connecticut officials said they were monitoring a cyberattack Tuesday that attempted to crash the website of Bradley International Airport but had no impact on operations.The Connecticut Airport Authority, which oversees...
Mar 31 2022 // Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to get them off the hook for war, industry sources say.Following the Feb....
Mar 30 2022 // Russian hackers have been scanning the systems of energy companies and other critical infrastructure in the United States, and state-sponsored hacking by Russia presents a “current” threat to American national...
Mar 30 2022 // Ransomware criminals are adding even more tools to their toolboxes, and companies are finding it harder to stay on top of the trends, according to guests on the most recent episode of The Insuring Cyber Podcast.Jeff...
Mar 30 2022 // Britain’s cybersecurity center on Tuesday said organizations providing services related to Ukraine or critical infrastructure should reconsider the risk associated with using Russian computer technology in their...
Mar 28 2022 // Falvey Cargo Underwriting Offers Cyber for CargoFalvey Cargo Underwriting announced its latest product offering, Cyber for Cargo, to help address broad cyber exclusions that apply to nearly all cargo insurance policies....
Mar 25 2022 // The Texas Department of Insurance (TDI) became aware of a security issue on January 4, 2022 with a TDI web application that manages workers’ compensation information. TDI immediately took the application offline,...
Mar 25 2022 // Police in Britain have arrested seven people following a series of hacks by the Lapsus$ hacking group which targeted major firms including Okta Inc. and Microsoft Corp., City of London Police said on Thursday.San...
Mar 24 2022 // A day after U.S. President Joe Biden issued a stark warning that a Russian cyberattack “is coming,” members of his administration hosted a three-hour call with about 13,000 people representing businesses,...
Mar 24 2022 // Cybersecurity researchers investigating a string of hacks against technology companies, including Microsoft Corp. and Nvidia Corp., have traced the attacks to a 16-year-old living at his mother’s house near Oxford,...
Mar 23 2022 // Shares in Okta Inc fell 9% on Wednesday after the U.S. digital authentication firm said hundreds of its customers may have been affected by a security breach involving hacking group Lapsus$.The breach sparked concern as...