All the headlines from our Cyber Topic Page, ordered by recency.
Feb 24 2020 // Cyber Insurance startup At-Bay raised a new $34 million venture capital round, CEO and Co-Founder Rotem Iram disclosed in a recent blog posting.Plans call for the money to be used to grow the managing general...
Feb 21 2020 // Georgia accused Russian military intelligence of organizing a “paralyzing” cyber attack last year and called for a reaction by the international community.Russia’s GRU was behind the...
Feb 19 2020 // The U.S. Department of Homeland Security has alerted energy and other infrastructure firms to review their cybersecurity after a ransomware attack interrupted a natural gas compression facility.The attack caused the...
Feb 12 2020 // H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the expansion of Node International’s North American presence with the addition of Matthew Lefchik, who...
Feb 11 2020 // H.W. Kaufman Group, a global network of companies, has expanded Node International’s North American presence with the addition of Matthew Lefchik.Lefchik joins Node International as director, Cyber Risk Management...
Feb 11 2020 // The United States has charged four Chinese military hackers in the 2017 breach of the Equifax credit reporting agency that affected nearly 150 million American citizens, Attorney General William Barr said on...
Feb 11 2020 // A new Maryland bill would ask the state’s Department of Information Technology to develop a baseline plan for localities within the state to help battle cyber attacks.Senate bill 120, introduced by Sen. Susan Lee,...
Feb 11 2020 // Companies of all sizes have fallen victim to attacks whereby fraudsters will use deceptive communications, such as spoofed emails, to trick an employee into transferring money into the fraudsters’ control. While...
Feb 10 2020 // Commercial brokers, the future is bright. As you contend with an increasingly automated, digitally-enhanced insurance industry, rest assured your expertise remains valuable for your clients.That is, if you can adapt to...
Feb 6 2020 // The HDI Group has acquired Berlin-based Perseus Technologies GmbH, a start-up that has specialized in the prevention of cyber risks and emergency cyber assistance.The acquisition enables the Hannover-based HDI Group to...
Feb 6 2020 // Hackers have finally done what bond issuers may have feared most from cyber criminals.A ransomware attack on Pleasant Valley Hospital in West Virginia was partly responsible for the hospital’s breach of its covenant...
Feb 5 2020 // To help manage its cyber risk portfolio worldwide, AXA XL has named Elizabeth Benet to the newly-created role of global chief underwriting officer for Cyber. Benet will help the insurer monitor its cyber risk portfolio and...
Feb 4 2020 // Insurance broker Aon reported it has acquired Cytelligence Inc., a Canadian-based cyber security firm that provides incident response advisory, digital forensic expertise, security consulting services and cyber security...
Jan 30 2020 // State Auto Property and Casualty Insurance Co. is liable for the cost of replacing a computer server that was damaged and perhaps permanently compromised by a ransomware attack despite the carrier’s argument that the...
Jan 30 2020 // Insurers in Europe may need to put aside money to protect their policyholders should they become insolvent, and regulators should be able to be shut them down swiftly without the need for taxpayer bailouts, a top EU...
Jan 29 2020 // Travelex’s UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month after a crippling ransomware attack forced staff to use pen and paper to calculate...
Jan 27 2020 // Sweeping cyber attacks targeting governments and other organizations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three senior Western security...
Jan 27 2020 // New regulations, insurer pressure and growing consumer alarm about online security will force agents to act this year to protect their data from unfettered use by third-party vendors. The NAIC Insurance Data Security Model...
Jan 23 2020 // It’s 100 seconds to midnight.Nuclear war, cyber threats and climate change are putting the world in more danger than it has been in over at least the last 70-plus years. The hands of the Doomsday Clock are now closer...
Jan 23 2020 // With the number of cyber attacks on the rise, it’s natural to think that this increase of cyber attacks is due to new actors and technological developments, said Yakir Golan, the CEO of Kovrr, the Tel Aviv-based...