All the headlines from our Cyber Topic Page, ordered by recency.
Jul 7 2021 // Insurers often advise clients on cyber resilience, however, many in the industry overlook their own risks or struggle to take their own advice to insureds, according to guests on this episode of The Insuring Cyber...
Jul 7 2021 // British Airways has settled a case brought by customers and staff affected by a massive 2018 data breach that led to personal information being leaked, the court-appointed lead solicitors in the case said on Tuesday.Law...
Jul 7 2021 // In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help others survive the very network-paralyzing, data-pilfering extortion attacks...
Jul 7 2021 // President Joe Biden said on Tuesday the ransomware attack centered on the Florida information technology firm Kaseya seems to have inflicted only “minimal damage” on American businesses.“It appears to...
Jul 6 2021 // Cyber-security teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose...
Jul 5 2021 // Between 800 and 1,500 businesses around the world have been affected by a ransomware attack centered on U.S. information technology firm Kaseya, its chief executive said on Monday.Fred Voccola, the Florida-based...
Jul 5 2021 // Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime – and the costly attacks are not going to stop, an expert at insurer Sompo Holdings...
Jul 5 2021 // Here we go again, same evil, same demons: trojan horses, bots and botnets, spyware, worms, scams and phishing. Then there’s ransomware, a set of malware programs that hackers install on your network that blocks...
Jul 2 2021 // The nation’s largest property/casualty insurance organization is defending ransom payment reimbursements by insurers in a new set of principles stressing that the insurance industry wants to partner with government...
Jul 2 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 2 2021 // The New York State Department of Financial Services (DFS) has issued new guidance on preventing ransomware attacks. In the guidance, DFS identifies cybersecurity controls that it says reduce the risk of a ransomware attack...
Jul 1 2021 // An investigation by insurance broker Arthur J. Gallagher & Co. into a ransomware attack on its systems last September has revealed that personal information on individuals was accessed. The broker is in the process of...
Jul 1 2021 // Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said on Thursday, as ransomware attacks increase in number and severity.A ransomware attack on Colonial...
Jun 30 2021 // For the last several years, FBI agents debated turning the tables on hackers by remotely accessing breached computer networks and booting out the attackers caught in mid-hack.They got their chance earlier this year after...
Jun 30 2021 // COPENHAGEN – Denmark’s central bank was compromised in last year’s global SolarWinds hacking operation, leaving a “backdoor” to its network open for seven months, IT media Version2 reported on...
Jun 28 2021 // Microsoft said on Friday an attacker had won access to one of its customer-service agents and then used information from that to launch hacking attempts against customers.The company said it had found the compromise during...
Jun 25 2021 // Those responsible for a ransomware attack on the city of Tulsa, Okla., in May are sharing personal information of some residents online, city officials said on June 23.More than 18,000 city files, mostly police reports and...
Jun 24 2021 // A coastal Georgia hospital system is still struggling to recover from a ransomware attack that shut down its computer systems last week.Local news outlets report that the St. Joseph’s/Candler health system, which...
Jun 24 2021 // Colonial Pipeline Co. was sued by a gas station seeking to represent thousands more over the ransomware attack in May that paralyzed the U.S. East Coast’s flow of gasoline, diesel and jet fuel.EZ Mart 1 LLC, a...
Jun 23 2021 // The European Commission proposed on Wednesday to pool resources and expertise from the EU’s 27 countries for a joint cyber unit to fight online criminals amid a spate of high-profile hacks in Europe and worldwide.The...