All the headlines from our Cyber Topic Page, ordered by recency.
Jul 19 2021 // The United States on Friday took a new stab at Russia’s cybersecurity industry, restricting trade with four information technology firms and two other entities over “aggressive and harmful” activities...
Jul 19 2021 // As “the next digital pandemic,” cyber risks are increasingly becoming a problem for insurers themselves, according to an industry expert.With “a lack of controls at [an] insurer, [you] could have...
Jul 19 2021 // Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said this month, as ransomware attacks increase in number and severity.A ransomware attack on Colonial...
Jul 19 2021 // When the pandemic forced nearly all libraries in the U.S. to close for more than half of 2020, these long-time community institutions took the opportunity to adapt all or most of their programming to a digital format and...
Jul 16 2021 // Hackers gained access to the Social Security numbers of more than two dozen people during a ransomware attack that forced the city of Tulsa to shut down parts of its computer network for months, officials said.The hackers...
Jul 16 2021 // Concerns about cybersecurity have led the state of Kentucky to extend its search for a company to modernize its pandemic-stressed unemployment insurance system, Gov. Andy Beshear’s administration said Wednesday.The...
Jul 16 2021 // Wisconsin’s governor has signed into law legislation creating new cybersecurity requirements for protecting data collected by the insurance industry.Governor Tony Evers signed Act 73, which is based on model...
Jul 16 2021 // This edition of International People Moves covers appointments at three re/insurance brokers: Aon, Lockton Re and Miller.A summary of these new hires follows here. Insurance broker Aon plc has announced several promotions...
Jul 16 2021 // The State Department will offer rewards up to $10 million for information leading to the identification of anyone engaged in foreign state-sanctioned malicious cyber activity against critical U.S. infrastructure —...
Jul 15 2021 // Coalition, the San Francisco-based cyber insurance and security company, announced it will enter the excess cyber insurance market in Canada to help protect businesses with enhanced coverage.With the coverage, Coalition...
Jul 14 2021 // Cyber criminals aren’t just stealing passwords and data. They’re stealing the spotlight.Amid the ongoing COVID-19 pandemic that has been a global focus since government shutdowns began in March of last year,...
Jul 14 2021 // Websites run by the ransomware gang REvil suddenly became unreachable on Tuesday, sparking widespread speculation that the group had been knocked offline.The Russia-linked cybercrime ring has collected tens of millions of...
Jul 13 2021 // Financial firms may need to bolster their defenses in the face of rocketing cyber attacks after employees began working from home, the Financial Stability Board (FSB) said on Tuesday.The FSB, which coordinates financial...
Jul 12 2021 // A district council in eastern Germany has declared a disaster after its computer systems were paralyzed by a hacker attack in what the federal cyber-security watchdog confirmed was the country’s first-ever...
Jul 12 2021 // This post is part of a series sponsored by Amwins.As cyber events evolve in sophistication, scale and frequency, property and casualty line carriers are growing concerned about the potential for unintended claims. These...
Jul 9 2021 // Morgan Stanley has disclosed that personal data of some of its corporate clients was stolen in January in a data breach that involved a third-party vendor and hackers accessed information, including social security...
Jul 8 2021 // President Joe Biden on Wednesday discussed the possibility of responding to a spate of ransomware attacks against U.S. entities that are believed to be perpetrated by Russian-linked hackers, a growing concern for his...
Jul 8 2021 // U.S. and British agencies disclosed last week details of “brute force” methods they say have been used by Russian intelligence to try to break into the cloud services of hundreds of government agencies, energy...
Jul 8 2021 // The global insurance company AXA announced in May it will stop writing cyber insurance coverage in France that reimburses customers for making payments to ransomware criminals. Cyber insurance policies have long covered...
Jul 7 2021 // A utility that provides power in rural southeastern Alabama said it was hit by a ransomware attack that means customers temporarily can’t access their account information.Wiregrass Electric Cooperative, which serves...