Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Ransomware Attack Closes 300 Yum Brands Eateries in UK for a Day
Jan 19 2023 // Yum! Brands, Inc. on Wednesday announced that a ransomware attack affected certain information technology systems. Almost 300 of its restaurants in the United Kingdom were closed for one day, but the company said all...
FTX Reports $415M in Hacked Crypto, Bankman-Fried Says FTX U.S. Is Solvent
Jan 18 2023 // Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen in hacks. FTX has said it had recovered over $5 billion in crypto, cash and liquid securities,...
Cyber and Business Interruption Top 2023 Threats: Allianz Risk Barometer
Jan 18 2023 // Cyber incidents and business interruption rank as the biggest company concerns for the second year in a row, according to Allianz’s Risk Barometer 2023. At the same time, macroeconomic developments such as inflation,...
The Insuring Cyber Podcast’s Most Listened Episodes of 2022
Jan 18 2023 // Powered by InsuranceJournal.tv From the next wave of InsurTech to diversity and inclusion within the cybersecurity and insurance industries to bias within artificial intelligence technology, The Insuring Cyber Podcast...
Russia Criticizes Reuters Story on Russian Hackers Targeting U.S. Nuclear Scientists
Jan 13 2023 // Russia’s Foreign Ministry on Thursday criticized Reuters for spreading what it said was poorly sourced anti-Russian propaganda with a story about a Russian hacking team which targeted three nuclear research...
Cyber Attack Shuts Down Iowa’s Largest School District
Jan 13 2023 // DES MOINES, Iowa (AP) – Iowa’s largest school district cancelled classes for Tuesday after determining there was a cyber attack on its technology network. Des Moines Public Schools announced Monday that classes...
Ransomware Group With Links in Russia Behind Royal Mail Incident
Jan 12 2023 // A cyber incident that led to severe disruption to Royal Mail’s international export services was caused by Lockbit, a ransomware group that some cybersecurity experts say has members in Russia, Britain’s...
Britain’s Royal Mail Faces Severe Disruption to Export Services After ‘Cyber Incident’
Jan 12 2023 // Britain’s Royal Mail said on Wednesday it was facing severe disruption to its international export services following what it described as “a cyber incident.” “We are temporarily unable to despatch...
People Moves: TDI Announces New Executive Leadership; Cadence Hires Bryant as Cyber Practice Leadership
Jan 12 2023 // TDI Announces New Executive Leadership The Texas Department of Insurance (TDI) has announced its chief deputy commissioner and new leadership for its Administrative Operations, Life and Health, and General Counsel...
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...
