The most viewed headlines from our Cyber Topic Page over the last year.
Dec 28 2023 // The US Justice Department seized websites belonging to a notorious Russian-speaking ransomware group, upending hackers that have extorted millions of dollars from victims around the world.The website for the extortion...
Jul 22 2024 // Industry stakeholders continue to try to get a grasp of the implications from last week’s massive technology outage affecting motley industries around the world, but the theme of policy language is reoccurring for a...
May 6 2024 // While describing cyber insurance as a “fashionable” and profitable business, Berkshire Hathaway’s head of insurance operations said aggregation and loss costs have kept the company away from the risk for...
Nov 28 2023 // Much more work and collaboration needs to be done but the U.S. Treasury has reached a “tentative conclusion” that a potential federal cyber insurance backstop will be focused on catastrophic cyber...
Jun 25 2024 // A hacking group called BlackSuit is behind the cyberattack on CDK Global that’s paralyzed car sales across the US, according to Allan Liska, a threat analyst at the security firm Recorded Future Inc.The cybercrime...
Jan 23 2024 // The 5th U.S. Circuit Court of Appeals ruled last week that Southwest Airlines can continue to seek reimbursement under its Liberty Mutual cyber risk policy for costs incurred during a 2016 massive computer failure.An...
Jun 19 2024 // Cybercriminals are demanding payments of between $300,000 and $5 million apiece from as many as 10 companies breached in a campaign that targeted Snowflake Inc. customers, according to a security firm helping with the...
Feb 21 2024 // One of the world’s biggest criminal hacking gangs woke up on Tuesday to a startling discovery: Law enforcement, after taking over their main website on Monday, were now threatening to reveal their personal details...
Jun 20 2024 // Thousands of car dealerships were ground to a halt during a normally busy holiday Wednesday by a cyber incident at CDK Global, a major software provider for dealers across the US.The company “shut all systems down...
May 21 2024 // Business email compromise is now the top method of cyberattack, according to a survey from cybersecurity firm Arctic Wolf.Of the 1,000 surveyed senior IT and cybersecurity decisionmakers from organizations in more than 15...
Nov 13 2024 // The Dutch company that owns Stop & Shop and Hannaford grocery stores across New England is dealing with a cyberattack that has disrupted online shopping, product deliveries and pharmacy services at some locations.Ahold...
Jul 24 2024 // Hackers have leaked internal documents stolen from Leidos Holdings Inc., one of the largest IT services providers to the US government, according to a person familiar with the matter.Leidos recently learned of the issue...
Apr 19 2024 // Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting “for just the right moment to deal a devastating blow,” FBI Director Christopher Wray said on Thursday.An...
Mar 22 2024 // A systemic event and the threat it could pose to insurers’ portfolios is not the million dollar question, but perhaps the billion dollar question, according to Norman Niami, immediate past chairperson and member of...
Sep 12 2024 // Lehigh Valley Health Network has agreed to a $65 million settlement of a class action with patients and employees affected by a 2023 ransomware attack that exposed personal and medical information including nude photos of...
Jul 31 2024 // Verisk’s Property Claim Services unit confirmed reports it has designated the recent global information technology outage as a cyber catastrophe event.With the designation, PCS Global Cyber believes what has come to...
Dec 19 2023 // Comcast’s Xfinity has started notifying customers of a data breach that may have revealed information of nearly 36 million people, .Xfinity, Comcast’s brand for broadband, video and phone services, said in a...
Mar 19 2024 // When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to a lack of clarity, according to panelists at The Professional Liability Underwriting...
Jan 2 2024 // Data breaches, lawsuits, and ongoing conversations about cyber war exclusions gave Insurance Journal readers much to talk about regarding cyber insurance in 2023.While news of cyber acquisitions, the major themes to look...
Jan 9 2024 // After my (relatively) successful effort in looking at 2023 cyber insurance themes, like a gambler on a streak of beginner’s luck, I wanted to have another roll of the dice in offering my thoughts on cyber insurance...