Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Cybersecurity Expert Tells Industry to ‘Better Prepare’ Clients for Evolving Ransomware Attacks
Apr 6 2020 // The insurance industry has been working to educate policyholders about the cyber risks their businesses face for many years, but the increasing frequency of ransomware attacks on businesses and municipalities is elevating...
Ransomware Attacks, Funds Demanded Soared in 2019: Beazley
Apr 6 2020 // The number of ransomware attack notifications against insurance clients increased by 131% in 2019 and the funds demanded by the attackers surged along with the counts. A new report from specialty insurer Beazley’s...
Cyber Insurance Sales to U.S. Businesses Picking Up: Marsh
Apr 6 2020 // The share of businesses buying cyber insurance continued to increase in 2019, driven by growing recognition of cyber threats as a critical business risk, says a new report. Marsh’s 2019 Cyber Insurance Purchasing...
Evolution of Ransomware Pushes Companies to Examine Their Business Interruption Coverage
Apr 6 2020 // As cyber crime continues to evolve, ransomware attacks in particular have ramped up and are leading more companies to recognize their need for the right business interruption coverage, explained panelists at the...
How Agents Can Help Small Business Clients Navigate Cyber
Apr 6 2020 // More small businesses may be purchasing cyber insurance today as compared to a few years ago, but agents still have work to do to help clients understand their unique risks and ensure they have the right...
5 Tips to Help Small Business Clients Assess & Manage Cyber Risks
Apr 6 2020 // Agents and brokers looking to expand their relationships with small and mid-sized businesses might try ramping up efforts to help them understand and manage enterprise threats, such as cyber exposures. While hacking...
Health-Care Providers See Surge in Ransomware Attacks in Europe, U.S.
Apr 3 2020 // When hackers broke into computers at Hammersmith Medicines Research, a London-based company that carries out clinical trials for new medicines, it was a nightmare scenario for managing director Malcolm Boyce. The...
Skarzynski Marick Announces New Attorneys and Expansion of Cyber Practice
Apr 2 2020 // New York, NY, April 2, 2020 – Skarzynski Marick & Black LLP continues to grow and is excited to announce the addition of partners Samantha Riley, Jessica Cavallo and Suzanne Whitehead; the promotion of Rebecca...
What Florida Agents Need to Know During Coronavirus Crisis
Apr 1 2020 // Watch the Full Interview Powered by InsuranceJournal.tv Florida is a catastrophe-prone state when it comes to weather, but the challenges that come from a non weather-catastrophe like the current COVID-19 pandemic bring...
Marriott Reports Data Breach Affecting 5.2 Million Hotel Guests
Mar 31 2020 // Marriott International Inc. said on Tuesday information of about 5.2 million hotel guests was breached, the second such incident for the hotel operator in less than two years. It said the breached information, including...
Chubb Investigating Possible Cyber Attack; Says Network Unaffected
Mar 27 2020 // Chubb confirmed that is looking into a possible hack attack, though a spokesperson said the insurance giant’s network appears at this point to be unaffected. “We are currently investigating a computer security...
Cyber Insurance Sales to U.S. Businesses Picking Up: Marsh
Mar 26 2020 // The share of businesses buying cyber insurance continued to increase in 2019, driven by growing recognition of cyber threats as a critical business risk, says a new report. Marsh’s 2019 Cyber Insurance Purchasing...
400 Cybersecurity Pros Volunteer to Fight Hacking Tied to Coronavirus
Mar 26 2020 // An international group of nearly 400 volunteers with expertise in cybersecurity formed on Wednesday to fight hacking related to the novel coronavirus. Called the COVID-19 CTI League, for cyber threat intelligence, the...
Guy Carpenter Partners with RiskGenius to Expand Silent Cyber Analysis
Mar 25 2020 // Reinsurance broker Guy Carpenter & Co. has entered into a strategic relationship with RiskGenius to expand the detection and qualitative analysis of silent cyber exposure across various lines of business. RiskGenius...
Ransomware Attacks, Funds Demanded Soared in 2019: Beazley
Mar 24 2020 // The number of ransomware attack notifications against insurance clients increased by 131 percent in 2019 and the funds demanded by the attackers surged along with the counts. A new report from specialty insurer...
Nicolopoulos Confirmed as New Hampshire Insurance Commissioner
Mar 23 2020 // The New Hampshire Insurance Department has announced that Chris Nicolopoulos was confirmed by the New Hampshire Executive Council as insurance commissioner succeeding John Elias, who resigned in December less than two...
A Warning from Tomorrow
Mar 23 2020 // While most of the world is focused on preventing the spread of Covid-19, there’s another looming catastrophe almost certain to happen: cyberattacks. A new government report on cybersecurity, “A Warning from...
Employers Beware: Working from Home Creates New Cyber Risks
Mar 19 2020 // As companies and government agencies send their employees home to avoid contact with the coronavirus, many cyber-security teams are facing the unenviable challenge of securing sprawling, vulnerable networks. Every time an...
Watch Out for Virus-Tied Cyber Attacks on Remote Workers, Warns Tech Professor
Mar 17 2020 // The heightened fear and anxiety that COVID-19 is causing people worldwide brings vulnerable targets for cyber hackers. “We are living in a heightened time of cyber risk. Cyber criminals will take advantage of public...
Coronavirus Work-from-Home Response May Expand Cyber Risk
Mar 13 2020 // As U.S. employers ask employees to work from home to avoid exposure to coronavirus, they may be exposing themselves to another kind of risk: Cyberattacks. Aon recently issued an advisory cautioning employers to take steps...
