Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
T-Mobile Now Says Data Breach Affects More Than 50 Million Customers
Aug 23 2021 // T-Mobile US Inc. said on Friday an ongoing investigation into a data breach revealed that hackers accessed personal information of an additional 5.3 million customers, bringing the total number of people affected to more...
Florida Cybersecurity Agency Hampered by Vacancies
Aug 23 2021 // Gov. Ron DeSantis’ new technology office is supposed to resolve the state’s longtime tech woes and lead the state’s defense against cybersecurity threats. A year into its inception, the office is...
Hackers Steal More Than $94M from Japanese Cryptocurrency Exchange
Aug 19 2021 // Japanese cryptocurrency exchange Liquid said on Thursday it was hit by hackers in a theft estimated at more than $94 million, the latest crypto platform to be targeted by cyber criminals. “We are sorry to announce...
TechAssure Launches Cyber Threat Sharing Community to Fight Ransomware
Aug 19 2021 // TechAssure has announced a partnership with RiskAnalytics and ICE Cybersecurity to launch an exclusive cyber insurance option called The ShadowNet Program, a real-time, proactive cyber intelligence service. Using...
Tokio Marine Insurance Singapore Hit by Ransomware Attack
Aug 19 2021 // Tokio Marine Insurance Singapore Ltd. (TMiS), a subsidiary of Tokio Marine Group, announced it was hit by a ransomware cyber attack. Upon a detection of the attack, TMiS immediately took necessary measures including the...
T-Mobile Says Hackers Stole 7.8 Million Current Customers’ Personal Data
Aug 18 2021 // T-Mobile US Inc. said on Wednesday an ongoing investigation into a cyberattack on its systems revealed that some personal data of about 7.8 million of its current postpaid customers were compromised. The company was made...
Hacking, But Make It Ethical: How ‘The Good Guys’ Are Boosting Cybersecurity
Aug 18 2021 // Powered by InsuranceJournal.tv Sometimes, real life can be like the movies. At least, that’s according to two ethical hackers in this episode of The Insuring Cyber Podcast. Dr. Ondrej Krehel, founder and CEO of...
People Moves: Chubb’s Kocsondy Joins Beazley Cyber; Ames & Gough Adds Martin; WTW’s Kinzer Moves to Zurich Construction; AXA XL Adds 4 to Pollution Team
Aug 17 2021 // Beazley Appoints Chubb’s Kocsondy as U.S. Cyber & Tech Chief Specialist insurer Beazley has appointed Patricia Kocsondy as head of U.S. Cyber & Tech. Kocsondy, an experienced cyber underwriter and manager,...
Ryan Specialty Group Reports It Suffered Cyber Breach in April
Aug 16 2021 // Newly public brokerage firm Ryan Specialty Group reported today on a data security incident that happened in April. The firm said that on or about April 17, 2021, it became aware of “unusual activity” related...
Report Finds Some Progress on Global Strategies to Reduce Cyber Risks
Aug 16 2021 // Despite the overall worsening cybersecurity climate, there’s been some global progress in developing strategies to reduce risk. “We are seeing a new level of collaboration between the public and private...
Chubb CEO Greenberg Stresses Need to Address Ransomware and ‘Systemic’ Cyber Risk
Aug 16 2021 // Chubb Chairman and CEO Evan Greenberg is doubling down against outlawing ransomware payments to address the growing threat of ransomware. He appears to make an exception, however, for cryptocurrency payments. “While...
Cyber Criminals Target Remote Workers to Corner Stores
Aug 16 2021 // The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to the first half of 2021, according to a new report by cyber insurer Coalition. An increasing number of attacks...
Mitigation Takes Center Stage in Hardening Cyber Market
Aug 16 2021 // Hard markets are nothing new — agents have dealt with them for decades and the forces that trigger them, including more frequent and severe natural disasters and years of soft pricing. With the hardening market in...
Accenture: Systems Restored, ‘No Impact’ From Reported Ransomware Attack
Aug 13 2021 // Accenture said it has fully restored certain affected systems, after a CNBC reporter tweeted of a hacker group saying it attacked the IT consulting firm using LockBit ransomware and threatened to release the data in...
Zurich Insurance CEO Backs Carbon Tax and Public-Private Cyber Partnership
Aug 13 2021 // Zurich Insurance Chief Executive Mario Greco wants governments to levy a carbon tax and remove the incentive for socially irresponsible companies to maximize profits by polluting the environment, he told...
Hackers Return $260M to Cryptocurrency Platform After Theft of $613M in Digital Coins
Aug 12 2021 // LONDON/SINGAPORE/HONG KONG – Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of $613 million in digital coins they stole, the company at the center of the hack said on...
Group Behind Alaska Cyberattack ‘Sophisticated,’ Agency Says
Aug 9 2021 // A “highly sophisticated group” known for cyberattacks against governmental and other entities is believed to be behind the attack this spring that targeted the Alaska health department, a spokesperson for the...
South Dakota’s Sanford Health Targeted by Cyber Hackers
Aug 6 2021 // A large healthcare system based in Sioux Falls, South Dakota, acknowledged that it has been targeted by hackers. Sanford Health President and CEO Bill Gassen confirmed to the Argus Leader that the organization was working...
MGA Insurtech Corvus Acquires Cyber-Focused Wingman Insurance
Aug 6 2021 // Managing general agent Corvus Insurance, fresh off of raising $115 million in new venture financing, has made an acquisition with an eye on the admitted coverage marketplace and more digital platform partnerships. More...
University of Vermont Health Network Reveals Cause of 2020 Cyberattack
Aug 5 2021 // A cyberattack that crippled the computer systems of a hospital network affecting six hospitals in Vermont and New York last fall happened after an employee opened a personal email on a company laptop while on vacation, a...
