Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Markets/Coverages: Resilience Doubles Cyber Limits to $20M
Jul 1 2024 // Resilience said it doubled the cyber insurance limits it can offer to clients in the U.S. to $20 million per client. This announcement follows the launch of new features and capabilities that enable enterprises to...
Cyber Insurance Rates Drop as Businesses Improve Security, Report Says
Jul 1 2024 // Cyber insurance premiums are falling globally as businesses become more adept in curbing their losses from cybercrime, even as ransomware attacks are rising, broker Howden said in a report on Monday. Insurance premiums to...
Microsoft Tells Texas Agencies They Were Exposed in Russian Hack
Jul 1 2024 // Microsoft Corp. has told more than a dozen state agencies and public universities in Texas that Russian state-sponsored hackers accessed emails between them and the software giant. The attackers were able to gain access to...
Cyber Extortion Reached Record High in US and Canada in 2023: Marsh
Jul 1 2024 // Multiple companies in the United States and Canada experienced a record number of cyber extortion events in 2023 and unprecedented demands, a new report from Marsh shows. The report, Ransomware: A persistent challenge in...
Guidance and Insurance Implications for the CDK Global Cyberattack
Jun 28 2024 // On June 18 and 19, 2024, CDK Global (CDK), a leading provider of cloud-based software to auto dealerships in North America, fell victim to a two-tiered cyberattack. 15,000 dealerships are potentially impacted, with...
What is Ransomware?
Jun 27 2024 // This post is part of a series sponsored by TSIB. According to IBM’s 2023 Cost of a Data Breach Report, it’s estimated that data breaches cost businesses an average of $4.5M in 2023. Statista, shared that over...
Evolve Bank & Trust Confirms Data Was Stolen in Cyberattack
Jun 27 2024 // Evolve Bank & Trust confirmed it was the victim of a cyberattack and that customer data had been posted on the dark web, less than two weeks after the Arkansas-based lender was ordered by regulators to improve its risk...
Hacked UK Trove of Medical Records Includes Data on Newborns, Cancer Patients
Jun 27 2024 // Hackers behind a London hospital attack recently published records that include personal information about pregnant women, newborns, cancer patients, people suffering from schizophrenia and thousands of others across the...
People Moves: QBE Promotes Europe Product Managers for Cyber and Mgmt. Liability/Financial Institutions; Stoop Named Managing Director of DUAL Benelux
Jun 26 2024 // This edition of International People Moves details appointments at QBE and Howden’s managing general agency, DUAL Benelux. A summary of these new hires follows here. QBE Promotes Product Mgrs for Cyber and Mgmt....
Hackers Grow More Sinister and Brazen in Hunt for Bigger Ransoms
Jun 26 2024 // A hack on a London hospital has left hundreds of millions of health records exposed and forced doctors to reschedule life-altering cancer treatments. In North America, a gang tried auctioning off data about LendingTree...
BlackSuit Cybercrime Gang Blamed in CDK Hack That Roiled Car Dealers
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...
Chinese Hackers Step Up Attacks on Taiwanese Organizations, Cybersecurity Firm Says
Jun 25 2024 // A suspected Chinese state-sponsored hacking group has stepped up its targeting of Taiwanese organizations, particularly those in sectors such as government, education, technology and diplomacy, according to cybersecurity...
Cyber Insurance Market ‘Stable’ With Potential for Growth, Says AM Best
Jun 24 2024 // According to industry rating agency AM Best, there are enough positive factors to give the cyber insurance market a ‘stable’ outlook despite a stall in premium growth. Analysts at AM Best issued a segment...
Probe of Russian Hack on London Hospitals May Take Weeks; Data-Dump Worries Grow
Jun 24 2024 // An investigation into a ransomware attack earlier this month on London hospitals by the Russian group Qilin could take weeks to complete, the country’s state-run National Health Service said Friday, as concerns grow...
Hackers Auction Off Stolen LendingTree Consumers’ Data
Jun 24 2024 // Hackers are selling data about consumers of the LendingTree Inc. subsidiary QuoteWizard after the company detected unauthorized access on a cloud database hosted by Snowflake Inc., according to a person familiar with the...
CDK Begins Restoring Systems After Cyber Hack Hits Thousands of Retailers
Jun 24 2024 // Retail technology and software provider CDK Global has begun work to restore systems used by over 15,000 retail locations across North America, the company said in a statement on Sunday, adding that it expects the process...
Hackers Auction Off Stolen LendingTree Consumers’ Data: Source
Jun 21 2024 // Hackers are selling data about consumers of the LendingTree Inc. subsidiary QuoteWizard after the company detected unauthorized access on a cloud database hosted by Snowflake Inc., according to a person familiar with the...
UK Hospital Hackers Claim to Publish Stolen NHS Data
Jun 21 2024 // The cyber criminals taking credit for the hack on London hospitals earlier this month have published what they claim is stolen data from the attack. England’s National Health Service said in a statement Friday it was...
Massachusetts 911 System Restored After Outage Caused by Firewall, Not Cyber Attack
Jun 20 2024 // The 911 system across Massachusetts was restored Tuesday after going down for several hours, which made it impossible for anyone to reach emergency services through the call number. The Massachusetts State Police announced...
Car Dealerships Across US Halt Services After Cyberattack
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...
