Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
People Moves: Liberty Mutual Names Korte to New Underwriting Leadership Position; CFC Appoints Bailey Cyber Underwriting Leader
Feb 10 2023 // Liberty Mutual Names Korte to New Underwriting Leadership Position Liberty Mutual Insurance has appointed Dieter Korte as Global Risk Solutions North America chief underwriting officer, middle market. Korte has more than...
People Moves: CFC Taps Markel’s Bailey to Lead Cyber U/W; Lockton Hires James as Head of Facilities & Binders; WTW Appoints Aon’s Van Ede for Trade Credit
Feb 9 2023 // This edition of International People Moves details appointments at the MGA CFC Underwriting, Lockton, and WTW. A summary of these new hires follows here. CFC Taps Markel’s Bailey as Cyber Underwriting Leader Scott...
People Moves: Generali’s GC&C Promotes 3 for German Team; Lockton Re Taps AXIS’ Silley for Cyber Practice; Aon Names Penalva Head of Enterprise Clients, EMEA
Feb 8 2023 // This edition of International People Moves details appointments at Generali Global Corporate & Commercial, Lockton Re and Aon. A summary of these new hires follows here. Generali Global Corporate & Commercial...
UK’s Royal Mail Faces Threat From Ransomware Group LockBit
Feb 8 2023 // UK’s Royal Mail is facing a threat from ransomware group LockBit, according to information published on a website, at a time when the British postal and parcel firm is grappling with the fallout of a “cyber...
Ransomware Outbreak Hits US and European Universities, Florida Supreme Court
Feb 7 2023 // A global ransomware outbreak has scrambled servers belonging to Florida’s Supreme Court and several universities in the United States and Central Europe, according to a Reuters analysis of ransom notes posted online...
Zurich Insurance Leads Series B Fundraise for Cyber Insurtech BOXX Insurance
Feb 7 2023 // BOXX Insurance, the Toronto-headquartered insurtech that combines cyber insurance and security, announced a US$14.4 million Series B funding round, led by Zurich Insurance Co. Ltd. This latest funding round brings the...
ION Trading UK Prepares to Bring Clients Back Online After Cyber Attack
Feb 7 2023 // ION Trading UK, the technology firm hit by a cyberattack last week, told some clients that it has rebuilt relevant systems and will relaunch them after carrying out independent security testing. ION indicated that some...
Ransomware Hackers Are Targeting Known Server Vulnerability, Italy Warns
Feb 7 2023 // Thousands of computer servers have been targeted by a global ransomware hacking attack targeting VMware ESXi servers, Italy’s National Cybersecurity Agency (ACN) said on Sunday, warning organizations to take action...
Massachusetts’ MKS Instruments Investigates Ransomware Attack
Feb 6 2023 // MKS Instruments Inc. said on Monday it was investigating a ransomware attack that occurred last week and affected the semiconductor equipment maker’s production-related systems. The company said it was in the early...
Hackers Who Breached ION Say Ransom Has Been Paid; Company Declines Comment
Feb 6 2023 // The hackers who claimed responsibility for a disruptive breach at financial data firm ION say a ransom has been paid, although they declined to say how much it was or offer any evidence that the money had been handed...
UK Engineering Company Vesuvius Hit by Cyber Attack
Feb 6 2023 // UK engineering company Vesuvius Plc said it’s managing a cyber-security incident involving unauthorized access to its systems. The molten metal flow control firm has shut down affected systems and initiated steps to...
Cyber and Business Interruption Top 2023 Threats: Allianz Risk Barometer
Feb 6 2023 // Cyber incidents and business interruption rank as the biggest company concerns for the second year in a row. That’s according to Allianz’s Risk Barometer 2023, which found that at the same time macroeconomic...
Ransomware Attack Closes Nantucket Schools
Feb 3 2023 // Public schools on the Massachusetts island of Nantucket remained closed on Wednesday a day after a ransomware attack targeted the district’s computer system and prompted officials to send students home...
Hackers of ION Trading Also Hit UK Postal Service, Canada Hospital, U.S. Local Agencies
Feb 3 2023 // The hacking group behind a cyberattack against the software firm ION Trading UK has recently conducted a series of breaches throughout the world, with its victims including the UK’s postal service and local...
Crypto Thefts Hit Record $3.8B in 2022 on Surge in North Korea Hacking: Report
Feb 3 2023 // Thieves stole a record $3.8 billion worth of cryptocurrency in 2022 as sanctions on North Korea drove a surge in suspected hacking by the Asian nation. Overall crypto losses increased from $3.3 billion stolen in 2021,...
U.S. CFTC Traders Report Delayed by Ransomware Attack on Data Firm ION
Feb 3 2023 // The U.S. Commodity Futures Trading Commission said on Thursday that as a result of the ransomware attack on ION Trading UK the CFTC’s weekly Commitments of Traders report will be delayed until all trades can be...
Update: ION Trading UK Indicates Cyber Attack Could Take 2-3 Days to Resolve
Feb 2 2023 // UK regulators have started an investigation following a cyberattack on London-based ION Trading UK that’s snarled global derivatives trading. The Financial Conduct Authority and the Prudential Regulation Authority...
Shopping Safely: Managing Cybersecurity, Insurance in E-Commerce
Feb 1 2023 // Powered by InsuranceJournal.tv Online retailers will need to remain as resilient as possible to combat increasing cyber crime in the wake of a pandemic surge in online shopping, according to David Emm, senior security...
Denmark Raises Cyber Security Alert Level After Attacks From Russian Hacker Groups
Feb 1 2023 // Denmark on Tuesday raised its cyber security alert level from “medium” to “high” after several attacks by pro-Russian hacker groups in recent weeks, the country’s Centre for Cyber Security...
People Moves: Batt Is Trium Cyber Head of Product; Tyng New Lead of HDI U.S. Captive Solutions; SiriusPoint Names Sigle Head of Claims; HUB Hires Chief HRO
Feb 1 2023 // Lloyd’s Trium Cyber Appoints Batt as Head of Product Trium Cyber, the first entity approved by Lloyd’s to launch a monoline cyber syndicate, has appointed Jeffrey Batt as head of product. As head of product,...
