Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Kansas Court System Seeks $2.6M to Recover from Cyberattack
Jan 19 2024 // TOPEKA, Kan. (AP) — The Kansas court system needs at least $2.6 million in additional funds to recover from an October cyberattack that prevented the electronic filing of documents and blocked online access to records...
Majority of Underwriters Predict Cyber Risks Grow ‘Greatly’ in 2024: Survey
Jan 18 2024 // Underwriters who thought the growing cyber risk landscape of the past several years would level off soon might want to think again. Woodruff Sawyer’s annual survey of cyber insurance carriers found all underwriters...
Haute Cyber? Attackers Are Strutting Into 2024 with More Sophistication
Jan 17 2024 // Powered by InsuranceJournal.tv Ransomware has been a hot topic in the cyber industry for several years, but cyber criminals are finding ways to keep it relevant. “Ransomware, I would say, is decreasing in [frequency]...
Swiss Re Buys Cyber Market’s 1st Retrocession ILW, Brokered by Gallagher Re
Jan 17 2024 // Swiss Re has purchased the cyber market’s first retrocession industry loss warranty (ILW), brokered by Gallagher Re and supported by a number of specialist reinsurers. Swiss Re secured $50 million of catastrophic US...
Hezbollah, Russia-Linked Hackers Step Up Cyberattacks on Israel: Cybersecurity Firm
Jan 17 2024 // The Iran-backed Hezbollah militant group in Lebanon and Russia-linked hackers have stepped up cyberattacks against Israel since the war with Hamas began, according to the chief technology officer of Israel-founded...
Cyber Threats Top Global Business Risk Concern for 2024: Allianz
Jan 17 2024 // Cyber-related incidents such as ransomware attacks, data breaches and IT disruptions are the biggest worry for companies globally in 2024, according to the Allianz Risk Barometer. Business interruption ranked second, while...
Lawmakers Urge SEC to Fix Cybersecurity After X Account Hack
Jan 16 2024 // U.S. lawmakers have urged the Securities and Exchange Commission (SEC) to review its cyber security preparedness after the financial regulator’s X account posted market material information earlier in the week due to...
SEC Had a Fraught Cyber Record Long Before X Account Was Hacked
Jan 12 2024 // The hack of the U.S. Securities and Exchange Commission’s X account earlier this week is shining a light on an uncomfortable truth: Cybersecurity measures at Wall Street’s chief regulator have repeatedly been...
Title Insurer Fidelity National Says 1.3 Million Customers Affected by Cyberattack
Jan 11 2024 // Title insurer Fidelity National Financial (FNF) said about 1.3 million customers have been impacted by a cyberattack it suffered last November. According to a filing with the U.S. Securities and Exchange Commission, FNF...
People Moves: BHSI Taps Holding From Aviva to Lead UK Marine; Ardonagh Specialty Names Goldenberg as Global Commercial Dir.; Lockton Re Adds Yeo, Terry to Cyber Team
Jan 11 2024 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Ardonagh Specialty, and Lockton Re. A summary of these new hires and promotions follows here. BHSI Taps...
China Orders Banks, Insurers to Review Cyber and Data Security
Jan 11 2024 // China’s financial regulator told its banks and insurers to thoroughly review cyber and data security across all their businesses, underscoring the government’s increased focus on national security and data...
Retail Mortgage Lender loanDepot Struggles With Cyberattack
Jan 10 2024 // The U.S. retail mortgage lender loanDepot is struggling to recover from a cyberattack that impacted its loan processing and phone service. In a filing on Monday with the Securities and Exchange Commission, the company said...
Markets/Coverages: Aspen Partners With Surefire Cyber to Offer Cyber Risk Services
Jan 10 2024 // Aspen Insurance Holdings Ltd. has partnered with Surefire Cyber to launch Aspen Cyber Risk Services (ACRS), a complimentary suite of services that will enable its primary cyber insureds to proactively tackle cybersecurity...
SEC Account Hack Renews Spotlight on X’s Security Concerns
Jan 10 2024 // The hack of the U.S. Securities and Exchange Commission’s official account on X on Tuesday renewed concerns about the social media platform’s security since its takeover by billionaire Elon Musk in 2022. The...
Maryland Governor Signs Order on AI Use, Creates Cybersecurity Task Force
Jan 10 2024 // Maryland Gov. Wes Moore on Monday announced a starting point for addressing the use of artificial intelligence in state government, as well as efforts to bolster cybersecurity. The governor signed an executive order that...
Viewpoint: Cyber Insurance Market Themes to Look Out for in 2024
Jan 9 2024 // After my (relatively) successful effort in looking at 2023 cyber insurance themes, like a gambler on a streak of beginner’s luck, I wanted to have another roll of the dice in offering my thoughts on cyber insurance...
People Moves: Stirk to Join Marsh as US Chief Growth Officer; Liberty Mutual Grows Cyber Team
Jan 4 2024 // Marsh, a business of Marsh McLennan headquartered in New York, hired Andy Stirk as U.S. chief growth officer effective January 16. Stirk is based in New York. With 20 years of insurance industry experience, Stirk rejoins...
Viewpoint: Scoring Cyber Insurance Predictions of 2023
Jan 4 2024 // Twelve months ago in a rush of blood to the head, I wrote this article with a selection of cyber insurance themes I thought were pertinent for 2023. In the spirit of transparency, I thought I should mark my own homework,...
Russian Hackers Were Inside Ukraine Telecoms Giant for Months: Cyber Spy Chief
Jan 4 2024 // Russian hackers were inside Ukrainian telecoms giant Kyivstar’s system from at least May last year in a cyberattack that should serve as a “big warning” to the West, Ukraine’s cyber spy chief told...
Massachusetts Hospital Still Recovering From Christmas Cyber Incident
Jan 3 2024 // A cyber incident that reportedly began on December 24 disrupted the electronic medical records system and caused a Massachusetts hospital to redirect ambulances to other hospitals on Christmas day. Anna Jaques Hospital in...
