Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
New Everest Architects & Engineers Policy Offers PL, Pollution, Cyber Coverage
Dec 17 2020 // Everest Insurance has released a new architects and engineers professional liability policy to provide design professionals with professional, pollution and cyber liability coverage. Everest Elevation was developed to...
Giller Named VP in Tokio Marine HCC’s Cyber, Professional Lines Group in Chicago
Dec 16 2020 // Tokio Marine HCC – Cyber & Professional Lines Group has promoted Ari Giller to vice president of Cyber and Tech Underwriting, responsible for overseeing the West Coast and Midwest underwriting divisions. He is based...
How Dominance of One Management Software Became Cyber Liability for U.S.
Dec 16 2020 // On an earnings call two months ago, SolarWinds Chief Executive Kevin Thompson touted how far the company had gone during his 11 years at the helm. There was not a database or an IT deployment model out there to which his...
Insuring Cyber Podcast Episode 4: What to Know About Recent Ransomware Advisories
Dec 16 2020 // Powered by InsuranceJournal.tv As the COVID-19 pandemic and the switch to remote work have highlighted cyber risks and drawn attention to the various methods cyber attackers are using, ransomware has continued to steal the...
Vermont Hospital Cyber Attack Cost Estimated at $1.5M a Day
Dec 15 2020 // A late October cyber attack on the computer systems of the University of Vermont Medical Center is costing the hospital about $1.5 million a day in lost revenue and recovery costs, its CEO said. The Oct. 28 attack crippled...
Suspected Russian Cyber Espionage Has U.S. Government, Businesses Scrambling
Dec 15 2020 // The U.S. Department of Homeland Security and thousands of businesses scrambled Monday to investigate and respond to a sweeping hacking campaign that officials suspect was directed by the Russian government. Emails sent by...
Cyber Attack on EU Drug Regulator Has Not Disrupted Work on COVID-19 Vaccines
Dec 11 2020 // BRUSSELS – The head of the European Union drug regulator said on Thursday the agency’s work assessing COVID-19 vaccines had not been disrupted by a cyber attack that took place in the past two weeks. U.S. drugmaker...
FireEye, Major Cybersecurity Firm for Business and Government, Is Hacked
Dec 9 2020 // FireEye, one of the largest cybersecurity companies in the United States, said on Tuesday that it had been hacked, likely by a government, and that an arsenal of hacking tools used to test the defenses of its clients had...
2 Texans Plead Guilty to Spending Spree Funded by Cyber Fraud
Dec 8 2020 // Two individuals in Texas have pleaded guilty to conspiracy to obtain information from a protected computer, according to U.S. Attorney Stephen J. Cox with the U.S. Attorney’s Office for the Eastern District of...
As They Focus on COVID-19 Surge, Hospitals Become Targets for Cyber Attacks
Dec 8 2020 // By late morning on Oct. 28, staff at the University of Vermont Medical Center noticed the hospital’s phone system wasn’t working. Then the internet went down, and the Burlington-based center’s technical...
CPP Group UK and Partners& Offer Cyber Risk Assessment Tool
Dec 7 2020 // CPP Group UK and Partners& are now offering access to a risk management tool to help brokers and their customers identify and mitigate cyber vulnerabilities. The risk management tool KYND instantly identifies an...
New Aon Cyber Offering Targets High Net Worth Individuals, Executives
Dec 4 2020 // Aon plc has expanded its Cyber Secure Select offering to include an enhanced cyber insurance program for high net worth individuals and executives. This new insurance offering in partnership with Aspen Insurance expands on...
IBM Warns COVID Vaccine ‘Cold Chain’ Process Has Been Targeted by Hackers
Dec 4 2020 // IBM is sounding the alarm over hackers targeting companies critical to the distribution of COVID-19 vaccines, a sign that digital spies are turning their attention to the complex logistical work involved in inoculating the...
Philadelphia Hunger Group Loses Nearly $1M in Cyberattack
Dec 3 2020 // The Philadelphia region’s largest hunger-relief group has lost nearly $1 million in a cyberattack. Thieves infiltrated the group’s computer systems in the spring through a phishing scam, Philabundance chief...
Insuring Cyber Podcast Episode 3: Underneath ‘the Tip of the A.I. Iceberg’ in Insurance
Dec 2 2020 // Powered by InsuranceJournal.tv Nearly 75% of respondents in a recent survey from the Coalition Against Insurance Fraud and Shift Technology said they believe that among relevant technology, artificial intelligence (A.I.)...
University of Vermont Medical Center Continuing Cyber Attack Recovery
Dec 1 2020 // The University of Vermont Medical Center is continuing to recover from the cyber attack late last month that crippled access to electronic records at the Burlington hospital. On Tuesday, the hospital said it had...
Home Depot to Pay $17.5 Million to Settle With States Over 2014 Data Breach Claims
Nov 25 2020 // Home Depot Inc., the largest U.S. home improvement retailer, on Tuesday reached a $17.5 million settlement to resolve a multistate probe into a 2014 data breach where hackers accessed payment card data belonging to 40...
COVID-19-Related Data Breach Affects Thousands in Delaware
Nov 24 2020 // Public health officials in Delaware on Sunday disclosed that the personal information of thousands of people who were tested for the coronavirus this summer was mistakenly shared with an unauthorized individual. The...
Howden Buys Cyber and Tech Specialist Broker Safeonline
Nov 23 2020 // Howden, the international insurance broker, announced it has reached an agreement to acquire Safeonline, a London-based cyber and tech specialist broker and Lloyd’s coverholder. The acquisition underlines the...
Aon Secures $70M in Alternative Capital Capacity to Transfer Systemic Cyber Risk
Nov 19 2020 // Insurance broker Aon plc has launched a new product with Hudson Structured Capital Management Ltd. (an asset manager undertaking its re/insurance business as HSCM Bermuda) to protect insurers and reinsurers against...
