All the headlines from our Cyber Topic Page, ordered by recency.
Sep 22 2021 // BOXX, the Toronto-based cyber insurer for small businesses, individuals and families, announced it has closed its oversubscribed US$10 million (C$12.7 million) Series A-round in a bid to accelerate growth and expand its...
Sep 22 2021 // The Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it urged companies to report extortion attempts and better protect...
Sep 21 2021 // Iowa-based farm services provider NEW Cooperative Inc. said its systems were offline to contain a “cybersecurity” incident just as the U.S. farm belt gears up for harvest.The cooperative operates grain storage...
Sep 21 2021 // This edition of International People Moves details appointments at Liberty Specialty Markets, Amwins Global Risks and Lockton Re.A summary of these new hires follows here. Liberty Specialty Markets Appoints AXA XL’s...
Sep 21 2021 // After a furious run of ransomware attacks in the first half of the year, President Joe Biden in July warned his Russian counterpart, Vladimir Putin, that Russia-based hacking groups should steer clear of 16 critical...
Sep 17 2021 // The U.S. government should be prepared to fire “cyber bullets” in response to significant hacking attacks as part of a comprehensive strategy to dissuade adversaries, National Cyber Director Chris Inglis...
Sep 17 2021 // This edition of International People Moves covers London-based appointments at Beazley, Allianz Global Corporate & Specialty (AGCS) and Marsh.A summary of these promotions and new hires follows here. Insurer Beazley...
Sep 14 2021 // Lockton’s Reese Joins Cowbell CyberA former Lockton executive has joined Cowbell Cyber as its new head of Insurance. Chris Reese will focus on the company’s business . Reese brings more than 35 years of...
Sep 14 2021 // Envelop Risk, the UK-based cyber re/insurance managing general agent, announced a Series B investment of $130 million, led by SoftBank Vision Fund 2.The financing will facilitate Envelop Risk’s plans to expand its...
Sep 14 2021 // Trumpeting a message that he conceded might be different from peers, Stefan Golling, a member of Munich Re Board of Management, said that Munich Re remains bullish on the cyber insurance and reinsurance markets.In fact,...
Sep 13 2021 // The cyber insurance market could benefit greatly from more reinsurance cover but it has been a challenge to attract interest. Part of the reason is because the cyber market is a relatively new one compared to others in the...
Sep 9 2021 // Business owners need guidance rather than a federal reinsurance backstop to help them navigate an increasingly volatile cyber insurance market, a panel of experts said recently.“I don’t think a compelling case...
Sep 7 2021 // A data breach at the Dallas public school system earlier this month exposed the personal information of students, parents, teachers and staff dating to 2010, system officials revealed Sept. 2.In statements posted to its...
Sep 6 2021 // The U.S. government in late August said it would work with the industry to hammer out new guidelines to improve the security of the technology supply chain, as President Joe Biden appealed to private sector executives to...
Sep 6 2021 // With primary rate changes approaching 50% and underwriting questions about network controls becoming more and more detailed, cyber insurers and reinsurers are reacting to an onslaught of ransomware attacks against...
Sep 3 2021 // This edition of International People Moves covers appointments at Swiss Re, Zurich Insurance and Everest Re Group subsidiary, Mt. Logan Re.A summary of these new hires follows. AXA XL’s Coletti Joins Swiss Re as Head...
Aug 30 2021 // Anyone who works in cyber insurance knows that the industry is never static. It’s a constantly evolving business as the risks change all the time, and this has never been more apparent than right now, said panelists...
Aug 27 2021 // Cyber insurance platform Sayata has raised $17 million in new venture capital and plans to expand to offer more specialty coverages.The startup’s platform automates the quote and bind process to help wholesale...
Aug 26 2021 // Four insurance firms — Travelers, Coalition, Resilience Cyber Solutions and Vantage Group— were among the participants in the White House summit on cybersecurity along with giant technology firms and Biden...
Aug 26 2021 // The U.S. government on Wednesday said it would work with industry to hammer out new guidelines to improve the security of the technology supply chain, as President Joe Biden appealed to private sector executives to...