Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Russian Hackers Planning ‘Massive Strike’ Against Ukraine: Cyber Police Chief
Jun 27 2018 // Hackers from Russia are infecting Ukrainian companies with malicious software to create “back doors” for a large, coordinated attack, Ukraine’s cyber police chief told Reuters on Tuesday. The hackers are...
Chubb Enhances Global Cyber Incident Response Management Capabilities
Jun 26 2018 // Chubb announced that it has enhanced its cyber incident response management capabilities and launched two new ways of accessing the service: a mobile application and a dedicated website. As the threat of cyber risks facing...
Most Global Organizations Fail to Learn from Cyber Mistakes: WTW Survey
Jun 22 2018 // A majority of executives around the world feel their organizations can do better when it comes to learning from their past cyber mistakes, according to the results of a global survey conducted by The Economist Intelligence...
Timeline: More Than $1 Billion in Cryptocurrency Thefts Since September 2012
Jun 22 2018 // Investors’ shaky confidence in virtual currencies took another hit after crypto exchange Bithumb, ranked seventh in the world by traded value on Coinmarketcap.com, suffered a hack that saw about 35 billion won ($32...
Small Businesses That Ignore Lessons from Cyber Attack Likely to Suffer Another: Hiscox
Jun 20 2018 // While 47 percent of small businesses suffered at least one cyber attack in the past year, only 35 percent of them took action following a cyber security incident to mitigate against another. Forty-four percent of small...
Hackers Steal $32M from S. Korean Cryptocurrency Exchange Bithumb
Jun 20 2018 // South Korean cryptocurrency exchange Bithumb said 35 billion won ($31.5 million) worth of virtual coins were stolen by hackers, the second local exchange targeted in just over a week as cyber thieves exposed the high risks...
Insurer Liberty Faces Scrutiny from South Africa Regulator over Cyber Attack
Jun 19 2018 // Insurer Liberty Holdings faced questions from South Africa’s Information Regulator on Monday, a day after the company said it had become the victim of a cyber attack. The regulator said it was concerned about the...
South Africa Insurer Liberty Refuses to Pay Ransom Demand After Data Breach
Jun 18 2018 // Liberty Holdings Ltd., the South African insurer midway through an overhaul to improve profit, said it refused a ransom demand after hackers breached its information-technology infrastructure and accessed some emails. The...
Insurtech MGA Corvus Insurance Launches ‘Smart’ Cyber Coverage
Jun 18 2018 // Corvus Insurance, an insurtech managing general agent, has released a new cyber insurance offering for organizations with up to $1 billion in annual revenue. The new Smart Cyber Insurance product includes the features of a...
Personal Cyber Insurance-Security Packages Being Tested with Wealthy
Jun 18 2018 // Insurance is supposed to make you feel safe, but even those who sell special cyber-security protection packages worry about hacking threats. What makes Jerry Hourihan lose sleep is that everyone’s information already...
Report Says Record Number of Data Breach Notices Filed in New York in 2017
Jun 18 2018 // The New York Attorney General’s Office (NYAG) this year released a report outlining a record number of data breach notices filed with the office in 2017 – the highest since NYAG started receiving data breach...
Lawsuit Filed Against Hawaiian Restaurant Chain After Data Breach
Jun 18 2018 // Two people have filed a class-action lawsuit against Hawaii restaurant chain Zippy’s. Zippy’s alerted its customers April 27 that it experienced a data breach at all of its 25 restaurant, Napoleon’s...
Massive Cyber Attack of UK Retailer Dixons Carphone Prompts Data Watchdog Probe
Jun 15 2018 // The U.K.’s data-protection watchdog said it’s investigating a cyber attack at Dixons Carphone Plc that affected almost 6 million payment cards. The retailer, already struggling with a slowing mobile-phone...
Big “I” Markets Partners with Coalition to Offer Cyber, Tech E&O Coverage
Jun 15 2018 // Big “I” Markets, the online market access system available exclusively to Big “I” members, has partnered with Coalition to offer its member agents access to cyber and technology errors &...
CFC Underwriting Offers Cover for Financial Institutions, Investment Managers
Jun 14 2018 // Specialist insurance provider, CFC Underwriting, has launched its first insurance solution for financial institutions. CFC’s Investment Management Insurance (IMI) policy is the first in a suite of products designed...
UK Banks Should Be on ‘War Footing’ over Rising Cyber Threats: Regulator
Jun 13 2018 // The Bank of England told banks to be ready for war against the mounting threat of crippling cyber attacks. “I would like our firms to be on a WAR footing: withstand; absorb; recover,” Lyndon Nelson, deputy...
UK Electronic Retailer Dixons Carphone Hit by Major Cyber Attack
Jun 13 2018 // British mobile phone and electricals retailer Dixons Carphone has become the victim of a major cyber attack for the second time in three years after discovering unauthorized access to its payment card data. Shares in...
Cyber Business Interruption Remains Area of Uncertainty for Insurance
Jun 12 2018 // Although the insurance industry may have had plenty of time to wrap its mind around managing physical property threats, what about the newly growing area of non-physical threats? Panelists at the 2018 PLUS Cyber Symposium,...
Bank of Chile Hit by $10 Million Cyber Heist Using SWIFT Messaging System
Jun 12 2018 // Shares in the Bank of Chile were down on Monday after it confirmed hackers had siphoned off $10 million of its funds, mainly to Hong Kong, though the country’s second-largest commercial bank said no client accounts...
XL Catlin Adds Cyber Solution to UK Casualty Insurance Offering
Jun 12 2018 // XL Catlin’s insurance operations in the UK announced the extension of its casualty insurance offering to include a cyber solution. The endorsement – which is designed for mid-sized and large companies that...
