Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Singapore Plans to Review Cybersecurity Strategy and Laws
Oct 6 2021 // Singapore plans to review its strategy to further safeguard the country against cyber attacks, and may also revise its laws in this area. An updated strategy would give businesses and people better tools to deal with...
Behind the Crypto Broker Accused of Enabling Ransomware Hackers
Oct 6 2021 // A cryptocurrency broker that the Biden administration considers a key cog in the recent ransomware epidemic is legally registered in the Czech Republic but doesn’t appear to have an office there. It may be operating...
Cyberattack Crippled Hospital, Led to Baby’s Death, Lawsuit Claims
Oct 5 2021 // Cyberattacks may affect more than organizations’ pocketbooks. They can also hinder a hospital’s care during a crucial moment, a lawsuit filed in Mobile, Alabama, claims. The mother of a child who was born...
White House Plans 30-Country Meeting to Combat Ransomware and Cyber Crime
Oct 4 2021 // Top U.S. national security advisers will gather officials from 30 countries this month with plans to combat the growing threat of ransomware and other cyber crime, President Joe Biden said on Friday. An online session...
Retailer Neiman Marcus Notifies 4.6M Customers of Data Breach
Oct 1 2021 // Dallas-based retailer Neiman Marcus Group said it recently learned that an unauthorized party obtained personal information associated with customers’ online accounts in May. NMG said it notified law enforcement of...
Chubb’s Digital Platform Blink Partners With USAA on Cyber Insurance
Oct 1 2021 // Insurer Chubb’s new digital platform Blink is partnering with its first insurance carrier to offer cyber insurance to military families. The arrangement allows USAA Insurance Agency to offer a Chubb-backed personal...
Russia Arrests Top Cyber Security Exec, Sending Shockwaves in Business Community
Oct 1 2021 // MOSCOW (AP) – Russian authorities have arrested an executive of a top cyber-security company on the charges of high treason, a move that has sent shock waves through Russia’s business community. A court in Moscow...
People Moves: Lockton Hires WTW’s Danyluk as Head Int’l Property, Wholesale; HSB Promotes Prentice in Cyber; Apollo’s Ker Becomes Castel’s Head of Performance
Sep 30 2021 // Lockton Names WTW’s Danyluk as Head Int’l Property in Wholesale P/C Lockton, the world’s largest privately owned independent insurance broker, has appointed Andrzej Danyluk as head of International...
Re/Insurance Cyber Rates Could Double Before 2023, as Attacks Skyrocket: S&P
Sep 30 2021 // The pandemic caused economic and insured losses from cyber attacks to skyrocket, which has heightened awareness of the risk and increased demand for cyber re/insurance, according to a report published by S&P Global...
Employees May Not Be Working Inside Office Buildings, But Cyber Criminals Are
Sep 29 2021 // Powered by InsuranceJournal.tv The normal bustle inside of many office buildings has come to a halt during the pandemic switch to remote work, but these empty buildings could be inviting a different kind of activity: cyber...
Cyber Insurance and Security MGA Coalition Raises $205M
Sep 28 2021 // Coalition, a San Francisco-based cyber insurance and security company, has already been focused on rapid growth. Its new $205 million venture capital financing will help supercharge that strategy even further. Coalition...
Colonial Surety Launches Cyber and Fiduciary Package for Retirement Planning
Sep 28 2021 // Colonial Surety, a direct and digital insurer, expanded its fiduciary liability product offering for plan sponsors – businesses that offer retirement plans – with a new, two-part package that includes cyber liability...
People Moves: Mosaic Builds Out International Cyber Team; Howden Appoints 19 for Construction Division Across EMEA
Sep 28 2021 // Mosaic Expands Cyber Team in UK Bermuda-based Mosaic Insurance has expanded its cyber-security business line internationally, with the addition of new team members to its UK-based unit. The specialty insurer began...
States Struggle to Recruit and Retain Cyber-Security Pros
Sep 28 2021 // CHICAGO (AP) — Austin Moody wanted to apply his cyber-security skills in his home state of Michigan, teaming up with investigators for the State Police to analyze evidence and track down criminals. But the recent...
Biden Cybersecurity Officials Support Breach Incident Reporting Mandate
Sep 24 2021 // The head of the U.S. cybersecurity enforcement agency “is a huge supporter” of bipartisan legislation to mandate that operators of critical infrastructure report data breaches to the government. Jen Easterly,...
HSB Canada Introduces Cyber Coverage for Small Businesses
Sep 22 2021 // HSB Canada, part of Munich Re, has introduced HSB Cyber Suite, a comprehensive collection of cyber insurance and services designed to protect small and medium-size businesses from cyber-attacks, data breaches, identity...
Cyber Insurtech BOXX Raises US$10M From Zurich Insurance and 2 Other Investors
Sep 22 2021 // BOXX, the Toronto-based cyber insurer for small businesses, individuals and families, announced it has closed its oversubscribed US$10 million (C$12.7 million) Series A-round in a bid to accelerate growth and expand its...
Biden Administration Targets Crypto Pipelines in Fight Against Ransomware Attacks
Sep 22 2021 // The Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it urged companies to report extortion attempts and better protect...
Cybersecurity Incident Knocks Iowa Farm Services Firm’s Systems Offline
Sep 21 2021 // Iowa-based farm services provider NEW Cooperative Inc. said its systems were offline to contain a “cybersecurity” incident just as the U.S. farm belt gears up for harvest. The cooperative operates grain storage...
People Moves: AXA XL’s Harth to Liberty Specialty in Germany; Amwins Global Hires Ed Broking’s Keenan for Construction & Engineering; Marsh’s Tigleanu to Lockton Re Cyber
Sep 21 2021 // This edition of International People Moves details appointments at Liberty Specialty Markets, Amwins Global Risks and Lockton Re. A summary of these new hires follows here. Liberty Specialty Markets Appoints AXA XL’s...
