Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Dutch Chipmaker Nexperia Hacked by Cyber Criminals
Apr 16 2024 // Dutch-headquartered chipmaker Nexperia was victim of a hacking attack by cyber criminals last month, the Chinese-owned company said on Friday, and was investigating the incident with the help of outside...
Chief Risk Officers Say Cybersecurity Most Pressing Risk: Survey
Apr 15 2024 // In an inaugural EY/Institute of International Finance (IIF) global insurance risk management survey, cybersecurity was ranked as the highest concern for chief risk officers. CROs surveyed said the top five risk types or...
Cyber Risk Strategies to Minimize Business Disruption, Control Liability and Litigation Exposure
Apr 15 2024 // Security threats are getting more sophisticated – and expensive – and this trajectory will continue. Digital footprints and technology usage will only keep expanding, adding to vulnerability and presenting more...
SC’s Top Officer: No Details on 2012 Hack That Forced $12M in Cyber Insurance
Apr 12 2024 // COLUMBIA, S.C. (AP) — Twelve years after a hacker stole personal data from more than 3.6 million people in South Carolina by obtaining Social Security numbers and credit card information from tax returns, the...
CISA Says Russian Hackers Used Microsoft Access to Steal Government Emails
Apr 12 2024 // The U.S. Cybersecurity and Infrastructure Security Agency said Russian government-backed hackers have used their access to Microsoft’s email system to steal correspondence between officials and the tech giant, an...
US Cyber Agency Warns of Compromise at Sisense Data Firm
Apr 11 2024 // The US lead agency for federal cybersecurity is warning that Sisense Inc., a data analytics company, has suffered a compromise that could expose customer credentials and cryptographic secrets. Sisense provides AI-driven...
People Moves: AXIS Global Markets’ Head of Underwriting Robson to Retire, Succeeded by MacGregor; Newline Europe Names Beckers as Head of Cyber Liability
Apr 10 2024 // This edition of International People Moves details appointments at AXIS Global Markets and Newline Europe. A summary of these new hires follows here. AXIS Global Markets’ Head of Underwriting Robson to Retire,...
Hackers Claim to Have UnitedHealth’s Stolen Data – But Is It a Bluff?
Apr 10 2024 // A freshly formed hacking gang claims to have won access to a massive stash of data stolen from UnitedHealth Group, the largest U.S. health insurer, but with little evidence to go on it is not clear whether they are telling...
Israel Cyber Firm Claroty Eyes 2025 US IPO at $3.5B Value: Report
Apr 9 2024 // Israeli cyber security startup Claroty is preparing a possible U.S. initial public offering in 2025 at a valuation of $3.5 billion, the Calcalist financial daily reported on Tuesday. Calcalist, without citing sources, said...
LineSlip Solutions Launches Peer Comps: Breakthrough Cyber Insurance Modeling Tool
Apr 8 2024 // New Solution Empowers Insurance Brokers and Buyers with Unparalleled Cyber Insurance Benchmarking NEW YORK, April 8, 2024 – LineSlip, the leading provider of data analytics for commercial insurance brokers, risk...
Why Near-Miss Cyberattack Put US Officials and Tech Industry on Edge
Apr 8 2024 // German software developer Andres Freund was running some detailed performance tests last month when he noticed odd behavior in a little-known program. What he found when he investigated has sent shudders across the...
Japanese Lens Maker Hoya Halts Production After Cyberattack
Apr 4 2024 // Japanese lens maker Hoya Corp. on Thursday said the production of several of its products have stopped after a system failure, which was “most likely caused by unauthorized access” to its servers. Hoya said the...
AXA Plans Cyber Risk Prevention Campaign Ahead of Paris Olympics
Apr 3 2024 // AXA SA is planning a campaign to help prevent cyberattacks targeting France in the run-up to the Paris Olympics next summer. The insurer will share key measures with French corporate clients to improve the protection of...
Markets/Coverages: Munich Re’s HSB Launches Cyber Insurance for Autos
Apr 3 2024 // With millions of connected vehicles on U.S. roads, personal cars and trucks will likely be the next big target for hackers and cyber thieves, according to specialty insurer HSB, which has launched a new cyber insurance...
Microsoft Faulted for ‘Inadequate’ Cyber Practices in US Report
Apr 3 2024 // A Chinese-state intrusion last year of Microsoft Corp. technology that enabled hackers to gather US officials’ emails “should never have occurred,” according to a report released Tuesday from a government...
How Do Insurers Define Systemic Cyber Risk?
Apr 2 2024 // Systemic cyber risk is being discussed as a growing concern for insurers as technology advances and interconnectivity increases, but how is this risk defined? That may be one of its gray areas. “As you go through...
US Executive Gets UK Judgments Thrown Out After Revealing Hackers Swayed His Case
Apr 2 2024 // An American aviation executive has had British judgments worth more than $4 million against him thrown out after a judge ruled that his legal opponent had covered up its use of hackers to steal the businessman’s...
AT&T Notifies Users of Data Breach, Resets Millions of Passcodes
Apr 1 2024 // AT&T said it has begun notifying millions of customers about the theft of personal data recently discovered online. The telecommunications giant said Saturday that a dataset found on the “dark web” contains...
Viewpoint: AI Is Changing the Cyber Risk Landscape
Apr 1 2024 // Innovation is at the heart of the human experience, with a constant stream of new ideas and inventions changing the way we conduct business. But seismic shifts in technology don’t come all at once, or even at a...
Underwriters’ Dilemma: Is AI a Cyber or Tech E&O Risk?
Apr 1 2024 // When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to a lack of clarity, according to panelists at The Professional Liability Underwriting...