Latest Cyber Headlines

All the headlines from our Cyber Topic Page, ordered by recency.

Hackers Hit Websites of Danish Central Bank and 7 Private Banks

Jan 11 2023 // Hackers have disrupted access to the websites of Denmark’s central bank and seven private banks in the country this week, according to the central bank and an IT firm that serves the industry. The websites of the...

Beazley Launches Global Re/insurance Market’s First Cyber Catastrophe Bond

Jan 9 2023 // Specialist insurer Beazley has launched the global insurance market’s first cyber catastrophe bond. The $45 million bond gives Beazley indemnity against all perils in excess of a $300 million catastrophe event, with...

Russian Hackers Targeted U.S. Nuclear Scientists

Jan 6 2023 // A Russian hacking team known as Cold River targeted three nuclear research laboratories in the United States this past summer, according to internet records reviewed by Reuters and five cybersecurity experts. Between...

Twitter Hacked, 200 Million User Email Addresses Leaked, Researcher Says

Jan 6 2023 // Hackers stole the email addresses of more than 200 million Twitter users and posted them on an online hacking forum, a security researcher said Wednesday. The breach “will unfortunately lead to a lot of hacking,...

JPMorgan Must Face Suit by Ray-Ban Maker Unit Over Cyber Theft

Jan 5 2023 // JPMorgan Chase Bank NA will have to face a lawsuit by a unit of the French maker of Ray-Ban glasses that claims the bank ignored suspicious transactions as cybercriminals drained $272 million from its New York bank...

Insurance Journal’s Top Cyber Stories of 2022

Jan 4 2023 // From growing ransomware attacks to navigating a remote work environment to regulatory developments to a challenging insurance landscape, 2022 proved to be a newsworthy year for the ever changing cyber industry. Insurance...

Cyber Insurance Themes to Look Out for in 2023

Jan 3 2023 // As the Roman God Janus (for which of course the month January takes its name) reflects both looking backwards and forwards in transition, the dawn of a New Year provides a great opportunity to pause and consider where the...

Ohio Supreme Court: Ransomware Did Not Cause Direct Physical Loss

Dec 29 2022 // A business owner’s insurance policy did not provide coverage for software damaged by a ransomware attack because there was no direct physical damage or loss, the Ohio Supreme Court ruled. “Computer software...

Ransomware Did Not Cause Direct Physical Loss, State High Court Says

Dec 29 2022 // A business owner’s insurance policy did not provide coverage for software damaged by a ransomware attack because there was no direct physical damage or loss, the Ohio Supreme Court ruled. “Computer software...

LastPass Says Hackers Stole Customer Data, Encrypted Passwords

Dec 28 2022 // LastPass, a password management service, announced on Thursday that hackers stole encrypted copies of customer passwords and other sensitive data such as billing addresses, phone numbers and IP addresses. The announcement...

North Korea Hackers Stole $1.2B in Virtual Assets Over 5 Years: Spy Agency

Dec 28 2022 // North Korean hackers have stolen an estimated 1.5 trillion won ($1.2 billion) in cryptocurrency and other virtual assets in the past five years, more than half of it this year alone, South Korea’s spy agency said...

Judge Permits Claim for Business Lost While Helping Clients Recover From Data Breach

Dec 28 2022 // A federal judge has dismissed a complaint leveled against an insurer alleging bad faith in the handling of a data breach claim but has advanced the underlying dispute of whether the insured suffered business interruption...

Chinese Electric Automaker Nio Hit by Ransomware Attack

Dec 22 2022 // China-based Nio Inc. said on Tuesday that hackers had breached its computer systems and accessed data on users and vehicle sales, in the latest hacking incident to hit the global auto industry. The hackers had sent an...

Top White House Cybersecurity Official Plans to Step Down

Dec 22 2022 // The US’s first national cyber director, Chris Inglis, is planning to step down in the coming months, according to a person familiar with the matter. Inglis has worked as one of President Joe Biden’s top...

CyberCube Gets $50M in Financing for Cyber Risk Analytics

Dec 19 2022 // CyberCube announced $50 million in additional growth capital from investment funds managed by Morgan Stanley Tactical Value (Morgan Stanley), with continued participation from all existing investors Forgepoint Capital,...

TPG Telecom Joins Growing List of Australian Companies Hit by Cyber Attacks

Dec 14 2022 // Internet services provider TPG Telecom Ltd. became the latest Australian company to fall victim to a high-profile cyberattack, announcing on Wednesday that the emails of up to 15,000 of its corporate customers had been...

North Korean Cyber Spies’ New Tactic: Tricking Experts Into Writing Research for Them

Dec 12 2022 // When Daniel DePetris, a U.S.-based foreign affairs analyst, received an email in October from the director of the 38 North think-tank commissioning an article, it seemed to be business as usual. It wasn’t. The sender...

People Moves: Chubb Global Mkts Promotes O’Brien to Head of Cargo; AXIS Promotes Maher to Head of Cyber and Technology, London

Dec 9 2022 // Chubb Global Mkts Promotes O’Brien to Head of Cargo Chubb announced the appointment of Alex O’Brien as head of Cargo for Chubb Global Markets (CGM), the company’s London Market wholesale and specialty...

People Moves: 5 Appointments in AGCS Cyber; Freely Head of WTW Financial Solutions

Dec 9 2022 // AGCS Bolsters Cyber Underwriting Team in North America Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Allianz Group, has appointed five professionals to its cyber underwriting team in...

Embroker: Cybersecurity a Top Investment Focus for Startup Founders in 2023

Dec 9 2022 // Cybersecurity concerns will likely remain a focus for startup founders in 2023, according to the recent Embroker Cyber Risk Index: Startup Edition. The report said startup founders cited cybersecurity protections as one of...