Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Global Insurance Prices Continue to Stabilize in Q3 as US Cyber Premiums Drop: Marsh
Nov 1 2023 // Global commercial insurance prices increased 3% in the third quarter of 2023, the same as the prior quarter, according to the Global Insurance Market Index released by the insurance broker Marsh, a business of Marsh...
SolarWinds Staff Warned About Security Holes Before Russia Hack
Nov 1 2023 // Well before Russia’s audacious cyberattack that exploited SolarWinds Corp.’s software was made public, several employees allegedly raised red flags about holes in the company’s security. Their warnings,...
SEC Sues SolarWinds for Concealing Cyber Risks Before Massive Hack
Oct 31 2023 // The U.S. Securities and Exchange Commission on Monday sued software company SolarWinds Corp. and its top information security executive, saying they defrauded investors by hiding cybersecurity weaknesses during a massive...
Stanford University Says It’s Investigating a Cyber Incident
Oct 30 2023 // Stanford University said on Friday that it is investigating a cybersecurity incident that struck its Department of Public Safety. The university said in a statement that the breach didn’t appear to “impact...
Kansas Court System Down in ‘Security Incident’ With Hallmarks of Ransomware
Oct 30 2023 // TOPEKA, Kan. (AP) – Kansas officials are calling a massive computer outage that’s kept most of the state’s courts offline for two weeks a “security incident” and, while they had not provided an...
Boeing Assessing Lockbit Hacking Gang Threat of Sensitive Data Leak
Oct 30 2023 // Boeing Co said on Oct. 27 that it was assessing a claim made by the Lockbit cybercrime gang that it had “a tremendous amount” of sensitive data stolen from the aerospace giant that it would dump online if...
Cybersecurity, Insurance Platform Upfort in California Raises $8M Series A Funding
Oct 26 2023 // Upfort raised $8 million in a Series A funding round led by SYN Ventures, with participation of Eniac Ventures and Fika Ventures, which co-led Upfort’s seed round. Upfort’s goal is to simplify the way brokers...
CISA Offers Guidance on Cybersecurity Awareness Month’s 20th Anniversary
Oct 25 2023 // Powered by InsuranceJournal.tv As the world’s digital ecosystem has grown and become more complex, Trent Frazier, deputy assistant director in the stakeholder engagement division at CISA, or the Cybersecurity and...
Markets/Coverages: USQRisk Starts Corporate Cyber MGA
Oct 25 2023 // USQRisk, the international managing general agent specializing in alternative risk transfer solutions, has announced the launch of Pera, a managing general agent providing cyber and blended cyber and technology E&O...
Ransomware Attacks Have Nearly Doubled Over 2022, Says Corvus
Oct 25 2023 // Ransomware attacks are up 95.41% globally in 2023 year over year, a trend showing no signs of slowing. The number of ransomware victims to date in 2023 (3,311) has already surpassed totals for the entirety of 2021 (3,048)...
Two New York Hospitals Resume Admitting Emergency Patients After Cyberattack
Oct 25 2023 // Two New York hospitals that were hit with a cyberattack have resumed admitting emergency patients after shutting down their computer systems to investigate, hospital officials said. The ambulance diversion ended Saturday...
Philadelphia Reports Cyber Incident Affecting Email
Oct 24 2023 // The city of Philadelphia has released a notice about a cyber incident that occurred in May and July involving personal health information. On May 24, 2023, city officials initially became aware of suspicious activity in...
Marsh Specialty Cyber Goes Global in 2024, Led by Reagan
Oct 24 2023 // Insurance broker Marsh said it is starting a global cyber practice at the start of 2024, led by Tom Reagan. Currently Marsh Specialty’s cyber practice leader, US and Canada, Reagan will become global specialty head...
Report: More Founders Talking Cyber Protection With Stakeholders
Oct 24 2023 // Compared to last year, more than twice as many startup founders reported talking to their investors and boards about cyber protection often or always, according to a new Embroker cyber risk index. That number reached 83%...
Cyberattack on 2 New York Hospitals Forces Ambulance Diversions
Oct 23 2023 // Two hospitals in New York were hit with a cyberattack and had to divert patients to other facilities, hospital officials said Friday. The cyberattack affected computer systems at HealthAlliance Hospital in Kingston along...
Software Firm Okta Discloses Cyber Breach
Oct 23 2023 // Okta on Oct. 20 disclosed a breach of its customer support system that allowed some hackers to view files uploaded by certain clients, pushing the software company’s shares down about 12%. “Okta security has...
Ransomware Criminals Aiming at Third-Party Vendors in Hunt for ‘Big Game’
Oct 20 2023 // Ransomware victims have become less likely to pay extortion demands, but cyber criminals are changing their tactics by hitting third-party vendors and using data exfiltration instead of encryption when making ransom...
People Moves: Zurich Nordic Promotes Fritz to CEO; Arch Taps Cyber U/Ws From Tokio Marine and AIG; Liberty Names RSA’s Furlan as Head of Casualty, Europe
Oct 18 2023 // This edition of International People Moves details appointments at Zurich Insurance, Arch Insurance and Liberty Specialty Markets. A summary of these new hires follows here. Zurich Promotes Fritz to CEO Zurich...
Major Cyber Attack Could Cost Global Economy $3.5 Trillion: Lloyd’s
Oct 18 2023 // A cyber attack on a major financial services payments system could result in widespread business disruptions, potentially costing the global economy $3.5 trillion over a five-year period, according to research from...
Israeli Cyber Professionals Band Together to Fight Hacktivist Activity Amid Gaza War
Oct 16 2023 // As Israeli children listened to their teacher over Zoom, the image of a gun-toting man in fatigues appeared on the screen, according to a screenshot shared with Reuters. In another case, a video showed a billboard in the...
