Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Markets/Coverages: QBE North America, Converge Launch New Cyber Program
Jul 28 2023 // QBE North America and new managing general agency, Converge, teamed up to launch a cyber insurance program, which will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber...
SEC Set to Adopt New Cyber Rule, Unveils Brokerage AI Proposal
Jul 26 2023 // Wall Street’s top regulator on Wednesday was poised to adopt new rules requiring publicly traded companies to disclose hacking incidents, a measure officials said was being taken to help the investing public contend...
Russian Cyber Gang’s Global Hack Exposes Louisiana Office of Motor Vehicles Records
Jul 25 2023 // BATON ROUGE, La. (AP) – Louisianans whose personal information was exposed in a massive data breach that affected the state`s Office of Motor Vehicles last month, will receive one year of free credit monitoring and...
Law Firm Must Name Clients Affected by 2020 Cyberattack, Judge Says
Jul 25 2023 // Covington & Burling must identify some clients caught up in a 2020 hack on the law firm to the U.S. Securities and Exchange Commission, a federal judge in Washington ruled on Monday in a case that could impact future...
Wesco Settles Coverage Dispute Over $36 Million IRA Financial Cyber Attack
Jul 25 2023 // Wesco Insurance, a part of AmTrust, has agreed to settle its dispute with a financial firm that lost millions in retirees’ money in a well publicized 2022 cyber attack. The settlement notice, filed in federal court...
People Moves: Arch Promotes Blois to Underwriting Mgr, Hires 3 PI U/Ws; Canopius Names CFC’s Gayle as Cyber U/W; WTW Taps Sales From Aon for Large Client GB Team
Jul 24 2023 // This edition of International People Moves details appointments at Arch Insurance, Canopius, and Willis Towers Watson (WTW). A summary of these new hires follows here. Arch Promotes Blois to U/W Manager, Hires 3 PI...
Rutgers, Stony Brook Among Colleges Warning of Data Exposure From MOVEit Hack
Jul 21 2023 // The ongoing cyberattack exploiting MOVEit file-transfer software has taken a toll on US colleges and universities. At least 30 institutions have been notified that personal information of students and employees may have...
People Moves: RenRe Promotes Lang to Group Chief Risk Officer, Succeeding Branagan; AXIS Taps Former Corvus Exec as Head of Global Cyber & Technology
Jul 20 2023 // This edition of International People Moves details appointments at RenaissanceRe and AXIS Capital Holdings. A summary of these new hires follows here. RenaissanceRe Promotes Lang to Group Chief Risk Officer, Succeeding...
Cybersecurity Labeling for Smart Devices Aims to Cut Hacking Vulnerabilities
Jul 20 2023 // The Biden administration and major consumer technology players on Tuesday launched an effort to put a nationwide cybersecurity certification and labeling program in place to help consumers choose smart devices that are...
Understanding the Domino Effect of Cyber Accumulation Risk
Jul 19 2023 // Powered by InsuranceJournal.tv While technology is continuing to evolve and provide many benefits to insurers and their customers, one concern is that growing connectivity and dependence on technology means a single cyber...
Australia’s Fortescue Hit by Cyber Attack That Disclosed Some Network Data
Jul 19 2023 // Fortescue Metals Group Ltd. said it had been subject to a cyber attack that resulted in “the disclosure of a small portion of data from our networks.” The world’s fourth-largest iron ore exporter...
Estee Lauder Hit by Cyber Attack, With Some Business Operations Disrupted
Jul 19 2023 // Cosmetics maker Estee Lauder on Tuesday said a hacker had obtained some data from its systems, with the cyber incident causing, and expected to further cause, disruption to parts of the company’s business...
Crypto Ransomware Attacks Rise in First Half of 2023: Chainalysis
Jul 18 2023 // Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged and is on track for its second-biggest annual total on record, blockchain analytics firm Chainalysis said...
Business Leaders Appear Less Concerned by Cyber Risk: Report
Jul 18 2023 // The worldwide impact of cybercrime on business is predicted to balloon to $10.5 trillion by 2025, but boardroom focus on cyber risk appears to be diminishing, according to a Beazley risk and reliance report. “The...
Microsoft Says Chinese Hackers Used Code Flaw to Steal Emails From US Agencies
Jul 17 2023 // Microsoft said on Friday that Chinese hackers misappropriated one of its digital keys and used a flaw in the company’s code to steal emails from U.S. government agencies and other clients. The company said in a blog...
Chinese Hackers Accessed Government Emails, Microsoft Says
Jul 12 2023 // Chinese state-linked hackers since May have secretly accessed email accounts at around 25 organizations, including U.S. government accounts, in a stealthy cyberespionage campaign, Microsoft and U.S. officials said on...
Deutsche Bank, Commerzbank, ING Data Breached in MOVEit Hack
Jul 12 2023 // Deutsche Bank AG, Commerzbank AG and ING Groep NV are among dozens of companies worldwide whose client data were compromised when a criminal hacking group exploited a security flaw in a file transfer tool. The attackers...
Russian Hackers Lured Embassy Workers in Ukraine With Fake Used-Car Advert
Jul 12 2023 // Hackers suspected of working for Russia’s foreign intelligence agency targeted dozens of diplomats at embassies in Ukraine with a fake used car advert in a bid to break into their computers, according to a...
People Moves: Stephens Insurance Names Green SVP, Cyber Risk
Jul 11 2023 // Stephens Insurance announced Mark Green as a senior vice president, focused on cyber risk. Green brings more than 20 years of experience in the insurance industry, most recently with McGriff, Seibels & Williams. Prior...
Markets/Coverages: Coalition Launches Active Cyber Insurance in Quebec
Jul 11 2023 // Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced its cyber insurance and technology errors and omissions (E&O) insurance offerings are now available in Quebec. Brokers...
