Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Ransomware Hits Supply Chain Software Firm Blue Yonder
Nov 26 2024 // Blue Yonder, a provider of supply chain software to manufacturing, logistics, and retail customers said it has been working “around the clock” to address disruptions caused by a ransomware incident. Blue Yonder...
New York Fines GEICO $9.75M, Travelers $1.5M Over Auto Insurance Cyber Breaches
Nov 25 2024 // Two auto insurers will pay fines totaling $11.3 million for data breaches of online insurance quoting systems that New York officials say compromised personal information of an estimated 120,000 customers in total. New...
Chinese Hackers Preparing for Conflict, Says US Cyber Official
Nov 25 2024 // Chinese hackers are positioning themselves in U.S. critical infrastructure in the event of a clash with the United States, a top American cybersecurity official said on Friday. Morgan Adamski, the executive director of...
Danish Central Banker Sees Russia Hackers as Key Risk to Lenders
Nov 22 2024 // Cyber attacks against Nordic banks, likely perpetrated by Russia-linked hackers, pose the biggest threat to financial stability in the region, a top Danish central bank official said. Financial institutions should be...
US Charges Five in ‘Scattered Spider’ Hacking Scheme
Nov 22 2024 // U.S. prosecutors unveiled criminal charges on Wednesday against five alleged members of Scattered Spider, a loose-knit community of hackers suspected of breaking into dozens of U.S. companies to steal confidential...
Library of Congress Says an Adversary Hacked Some Emails
Nov 20 2024 // The Library of Congress has notified lawmakers of a “cyber breach” of its IT system by an adversary, a hack of emails between some congressional offices and library staff, according to an email obtained by The...
T-Mobile Caught Hackers Early, Averting Data Leak
Nov 20 2024 // T-Mobile US Inc. was able to contain a recent network breach before it reached customers’ phones, according to people familiar with the matter. Hackers accessed edge-routing infrastructure and gained unauthorized...
Cybersecurity in Insurance: Why Your Data and Compliance Can’t Afford to Slip
Nov 20 2024 // This post is part of a series sponsored by AgentSync. Data is at the core of the insurance industry. From the smallest independent agencies to the largest legacy carriers, insurance organizations of all sizes house data....
Senate Panel to Hold Hearing on Suspected Chinese Hacking Incidents
Nov 19 2024 // A U.S. Senate Judiciary subcommittee overseeing technology issues will hold a hearing Tuesday on Chinese hacking incidents, including a recent incident involving American telecom companies. The hearing to be chaired by...
Facebook Users Affected by Data Breach Eligible for Compensation: German Court
Nov 19 2024 // A German court said on Monday that Facebook users whose data was illegally obtained in 2018 and 2019 were eligible for compensation. The Federal Court of Justice (BGH) ruled that the loss of control over one’s data...
T-Mobile’s Network Breached as Part of Chinese Hacking Operation
Nov 18 2024 // T-Mobile US Inc.’s network was among those recently breached by Chinese hackers in an attack on multiple telecommunications companies. “T-Mobile is closely monitoring this industry-wide attack,” a company...
US Accuses China of Vast Cyber-Espionage Against Telecoms
Nov 14 2024 // Chinese state-sponsored hackers perpetrated a “broad and significant cyber-espionage campaign” in which they breached multiple telecommunications companies, US officials said in a statement on Wednesday,...
New England Grocers Stop & Shop, Hannaford Coping With Cyber Attack
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...
Biden Administration to Support Controversial UN Cyber Treaty
Nov 12 2024 // The Biden administration plans to support a controversial cybercrime treaty at the United Nations this week despite concerns that it could be misused by authoritarian regimes, according to senior government officials. The...
Chinese Group Accused of Hacking Singtel in Telecom Attacks
Nov 6 2024 // Singapore Telecommunications Ltd., Singapore’s largest mobile carrier, was breached by Chinese state-sponsored hackers this summer as part of a broader campaign against telecommunications companies and other critical...
Vienna Insurance Group Launches Specialist Cyber Security Company
Nov 4 2024 // Vienna Insurance Group has launched a specialist cyber security company focused cyber risk management for small and medium-sized companies. Called Cyber Risk Solutions GmbH (CyRiSo), the company provides comprehensive...
Severity of Ransomware Attacks Rose 68% in First Half of 2024, Report Shows
Nov 4 2024 // Ransomware claims severity spiked by 68% to an average loss of $353,000, according to a new report by a cyber insurance provider. Coalition published its 2024 Cyber Claims Report: Mid-Year Update, which details emerging...
Landmark Admin Reports Data Breach, Exposing 800,000 Users’ Information
Oct 31 2024 // Landmark Admin filed a notice of data breach last week after detecting suspicious activities on its system in May. Landmark is a Texas-based company that provides third-party administrative solutions for life insurance...
Markets/Coverages: Howden Launches Cyber Solution With Chubb, LSM and Mosaic
Oct 31 2024 // Howden, the London-based insurance intermediary group, announced the launch of Howden Safe+, a cyber insurance solution aimed at clients with revenues between $250 million and $2 billion. Safe+ simplifies the procurement...
Transforming Cyber and Tech E&O Insurance with Underwriter Link
Oct 30 2024 // This post is part of a series sponsored by Selectsys. As Cyber and Technology Errors & Omissions (Tech E&O) risks grow, insurers face increasing pressure to provide accurate, fast, and competitive coverage....
