Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Beyond Zeros and Ones: When Cyber Attacks Become Physical
Aug 31 2022 // Powered by InsuranceJournal.tv When people think of cyber attacks, they might think of things like phishing, ransomware or data theft. But increasingly, something called cyber-physical attacks are making their way into the...
Travelers, Policyholder Agree to Void Current Cyber Policy
Aug 30 2022 // Travelers and policyholder International Control Services (ICS) jointly filed a stipulation to have a federal court rescind an active cyber insurance policy that the insurer claimed was void due to the insured’s...
ILS Investors Could Help Fill Cyber Re/Insurance Protection Gap if Hurdles Are Overcome
Aug 29 2022 // The cyber re/insurance protection gap provides an opportunity for insurance-linked securities (ILS) investors, which historically have filled the gaps where traditional capital has either retrenched or is unavailable,...
Cyber Insurance Price Hike Hits Local Governments Hard
Aug 29 2022 // This story originally appeared on Stateline, an initiative of The Pew Charitable Trusts. Horry County, South Carolina, officials were in for a shock earlier this year, when they discovered their cyber insurance premium...
World’s Most Popular Password Manager Says It Was Hacked
Aug 26 2022 // LastPass, a password manager used by more than 33 million people around the world, said a hacker recently stole source code and proprietary information after breaking into its systems. The company doesn’t believe any...
California Lawmakers Allow Lawsuits Against ‘Cyber Flashers’
Aug 24 2022 // Victims who receive unsolicited sexually graphic material by text, email, app or other electronic means could sue the sender under a bill that California lawmakers sent to Gov. Gavin Newsom this week. The bill targets...
Twitter Misled Regulators on Hackers and Spam, Whistleblower Claims
Aug 24 2022 // Twitter Inc. misled federal regulators about its defenses against hackers and spam accounts, the social media company’s former security chief Peiter Zatko said in a whistleblower complaint. In an 84-page complaint,...
People Moves: Hyde to Lead Erie DEI; Hilb Names Cohen Carrier Relations Head; Trokan Westfield’s Head of Cyber; 3 Senior Hires at Magnolia Grove
Aug 23 2022 // Erie Insurance names diversity, equity and inclusion leader Lance Hyde to VP role Erie Insurance has named Lance Hyde to the role of Vice President of Diversity, Equity and Inclusion (DEI). Hyde brings more than 15 years...
People Moves: Liberty Mutual Names Former CNA Exec as President, GRS N. America; AXA XL Boosts Cyber Insurance Team in N. America With 3 Hires
Aug 22 2022 // Liberty Mutual Names Former CNA Exec as President, GRS North America Liberty Mutual Insurance announced the appointment of Kevin Smith as president of Global Risk Solutions (GRS) North America. Reporting to GRS President...
Cyber MGA At-Bay Acquires Tech-Solutions Provider Relay
Aug 22 2022 // At-Bay, the San Francisco-based insurtech and managing general agent, announced the acquisition of Relay, a technology solutions provider that enables the digital transformation of commercial insurance...
Lloyd’s Insurers Must Exclude Catastrophic State-Backed Cyber-Attacks
Aug 19 2022 // Lloyd’s insurers must exclude state-backed cyber-attacks in standalone (or affirmative) cyber policies if they reach a catastrophic threshold, according to a Lloyd’s market bulletin issued this week. However,...
UK Water Supplier Hit by Cyber Attack, Highlighting Critical Infrastructure Vulnerabilities
Aug 18 2022 // A company that supplies water to more than 1.5 million people in the UK disclosed it was hit by a cyber attack in an incident security experts said highlighted potentially dangerous vulnerabilities in the country’s...
Coalition to Now Offer Cyber Policies With Acquisition of Admitted Carrier
Aug 15 2022 // Coalition said it received regulatory approval and completed the acquisition of Digital Affect Insurance Company from Munich Re Digital Partners US Holding Corporation. Digital Affect Insurance Company is a property and...
Security Firm Finds Cyber Vulnerabilities at Indian Online Insurance Aggregator
Aug 15 2022 // NEW DELHI (AP) – Last month, a cyber-security startup told a major Indian online insurance brokerage it had found critical vulnerabilities in the company’s internet-facing network that could expose sensitive...
How Should the Cyber Industry Be Thinking About Digital Privacy Post-Roe v. Wade?
Aug 15 2022 // The U.S. Supreme Court’s June overturning of the 1973 Roe v. Wade decision protecting women’s constitutional right to an abortion has brought with it reports of growing digital privacy concerns. Most of the...
Cisco Hit by Cyberattack From Hacker Linked to Lapsus$ Gang
Aug 11 2022 // Cisco Systems Inc. said it was the victim of a cyberattack in which a hacker repeatedly attempted to gain access to the Silicon Valley firm’s corporate network. Cisco said it became aware of a potential compromise on...
Cyber Insurance Gap Growing: Survey Report
Aug 11 2022 // According to a survey report released yesterday, not only are most North American businesses still not buying cyber insurance, but those that are don’t buy enough limit to cover last year’s median ransom...
Tadikonda Replaces Edmundson as CEO of Cyber MGA Corvus
Aug 10 2022 // Boston-based insurtech Corvus Insurance said Madhu Tadikonda will take over immediately as CEO, replacing founding CEO Phil Edmundson. Edmundson will assume the new role of executive chair and chair of the board of Corvus....
Tennessee Launches its Own Captive Insurance Company for Cyber, Property
Aug 10 2022 // Tennessee regulators, who for years have touted the state as a comfortable home for captive insurance companies, have announced that the state government has created its own captive. The state is self-insured for property...
People Moves: Anderson Joins Safety National Cyber Team; Coalition Hires First CFO
Aug 8 2022 // Steven Anderson joins Safety National’s Cyber Insurance Team Steven Anderson has joined the Safety National cyber insurance team as Director of Cyber Underwriting. Anderson will be based out of the company’s...
