All the headlines from our Cyber Topic Page, ordered by recency.
Feb 3 2022 // Europe’s fuel-supply network fell victim to a cyberattack — less than a year after the biggest refined petroleum pipeline in the U.S. was halted by a hack.The situation was serious “but not grave,”...
Feb 2 2022 // A data breach at the state agency that operates Rhode Island’s public bus service compromised the personal information of about 22,000 people, significantly higher than the previously announced number of 17,000,...
Feb 2 2022 // Powered by InsuranceJournal.tvMuch uncertainty exists around catastrophic cyber threats, and for an industry so focused on analyzing risk, that’s a big challenge, experts say. Some of the recent cyber attacks on...
Feb 2 2022 // Global commercial insurance prices increased 13% in the fourth quarter of 2021, a decline from the 15% increases seen in both the second and third quarters, according to Marsh’s latest Global Insurance Market...
Feb 1 2022 // Cyber insurance and security provider Resilience Cyber Insurance Solutions has created a captive reinsurance company.Through the Bermuda-based captive, Resilience will retain a share of each risk it underwrites. CJ...
Jan 31 2022 // More than $80 million of digital assets were swiped from a decentralized finance platform in the latest hack of cryptocurrency trading marketplaces.A blockchain extension by Qubit Finance, a DeFi lending firm, was...
Jan 31 2022 // The White House on Thursday unveiled a plan to beef up cybersecurity in the nation’s water sector, an extension of its efforts to thwart attacks against critical infrastructure including electricity and natural gas...
Jan 28 2022 // NFP Welcomes Cyber Risk Experts Maugé and CavaliereInsurance broker NFP announced the addition of Courtney Maugé, senior vice president, cyber practice leader, and Rick Cavaliere, senior vice president, senior cyber...
Jan 27 2022 // Fourth quarter 2021 net income at Marsh McLennan more than doubled compared to the same period in 2020, to $803 million.Full year net income increased about 56% to $3.1 billion from $2 billion for all of 2020. Net income...
Jan 26 2022 // It’s a key part of President Joe Biden’s plans to fight major ransomware attacks and digital espionage campaigns: creating a board of experts that would investigate major incidents to see what went wrong and...
Jan 25 2022 // Three regional cyber conflicts could lead to infrastructure attacks and damaging cyber espionage in 2022, a new report from cyber analytics company CyberCube says.The current cyber landscape, cyber hostilities between...
Jan 24 2022 // When businesses do not take their vows to address environmental, cultural, social and political issues seriously they could be putting a target on their backs for hackers and placing their firms at greater risking of cyber...
Jan 24 2022 // As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a nuisance in 2022, according to an expert from Fitch Ratings.“It is probably...
Jan 21 2022 // This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C), Gallagher Re and Chubb.A summary of these new hires follows here. Muñiz Named GC&C’s Head...
Jan 21 2022 // The International Committee of the Red Cross said that personal data of 515,000 vulnerable people were compromised in a “sophisticated” hack.The cyberattack targeted a contractor in Switzerland that stores Red...
Jan 21 2022 // Pennsylvania’s state Senate passed a package of legislation on Wednesday aimed at preventing data security breaches and requiring victims and law enforcement officials to be notified when they do happen.The...
Jan 20 2022 // Resilience, the San Francisco-based cyber managing general agent, announced it has earned delegated authority as a coverholder at Lloyd’s.As a Lloyd’s coverholder, Resilience will be positioned to deliver its...
Jan 20 2022 // The FBI and other federal agencies are increasingly looking to counter cyber threats through tools other than criminal indictments, the head of the bureau’s cyber division said in an interview with The Associated...
Jan 19 2022 // A federal judge in New York has dismissed a potential class action against Marsh & McLennan by two former employees who sued after the firm suffered a data breach in 2021.The plaintiffs, Florida residents Nancy Bohnak...
Jan 19 2022 // Powered by InsuranceJournal.tvThe looming threat of increased supply chain and critical infrastructure attacks is causing both cyber experts and cyber insurers to lose sleep already in 2022, according to guests on this...