Latest Cyber Headlines

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

Beazley Adds SME Cyber Product to E-Trading Broker Platform

Mar 13 2020 // Beazley has made its flagship cyber product, Beazley Breach Response (BBR), available to brokers of small and medium-sized business through the myBeazley platform in the U.S., speeding up the time required to obtain a...

U.S. Commission Explains Why It Thinks Insurance Is Failing Cybersecurity

Mar 11 2020 // The following excerpt is from the new report, “A Warning from Tomorrow,” on U.S. cybersecurity strategy by the Cyberspace Solarium Commission. The report contains about 75 recommendations on what the country...

U.S. Cybersecurity Report Calls for Major Government Role in Cyber Insurance

Mar 11 2020 // A major government report on cybersecurity that warns the nation is seriously underprepared for cyber attacks calls for the creation of a federally-funded center to develop cybersecurity insurance certifications and a...

University of Kentucky Reboots Computer Network After Month-Long Cyberattack

Mar 10 2020 // A month-long attack on the computer networks at Kentucky’s largest university system prompted officials to conduct a major reboot of the networks Sunday, officials said. Officials believe the prolonged cyberattack...

Smart Cameras, Baby Monitors at Risk from Hackers: UK Cyber Security Agency

Mar 6 2020 // Baby monitors and wireless cameras risk being hacked by cyber criminals unless people take security measures to protect themselves, British security experts warned on Tuesday [March 3]. Internet-connected cameras used in...

Businesses Face Higher Cyber Risks via Mobile Devices – But Few Take Precautions

Mar 5 2020 // Although businesses are increasingly at risk for cyber attacks on their mobile devices, many aren’t taking steps to protect smartphones and tablets. That’s one of the conclusions of a report on mobile security...

Risk Modeling Firm Verisk Cancels Live Event Over Virus, Goes Virtual for Cyber Seminar

Mar 4 2020 // Insurance data analytics and risk modeling firm Verisk has converted its Cyber and Casualty Seminar scheduled for March 10 in New York City from an in-person to a free virtual event “out of an abundance of caution...

Marsh Calls for Submissions for 2020’s Best Cybersecurity Products Designations

Mar 3 2020 // Global insurance broker Marsh announced the 2020 opening of its Cyber Catalyst program that identifies cybersecurity products that cyber insurers believe can be effective against major cyber threats. The program, launched...

Cannabis Power Brokers Tackle Five Pressing Insurance Questions

Feb 27 2020 // The cannabis business is a frontier industry that continues to offer no shortage of unique challenges to regulators, as well as boundless questions for industry watchers and ancillary businesses like insurance. Key...

Time Is Now for Agents to Address Privacy of Customer Data

Feb 27 2020 // New regulations, insurer pressure and growing consumer alarm about online security will force agents to act this year to protect their data from unfettered use by third-party vendors. The NAIC Insurance Data Security Model...

HDI Group Takes Stake in German Cyber-Security Start-Up Enginsight

Feb 27 2020 // HDI Group, the Hannover, Germany-based subsidiary of Talanx Group, has taken a stake in the cyber-security start-up Enginsight in Jena, Germany. Financial details of the transaction were not disclosed. Enginsight offers...

Nicolopoulos Confirmed as New Hampshire Insurance Commissioner

Feb 27 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...

Zurich Insurance Partners with Cyber-Security Specialist CYE

Feb 26 2020 // Zurich Insurance Group has created a new offering together with cyber-security company CYE to shield businesses against the growing risks of cyber crime. With the partnership, Zurich’s specialist cyber insurance and...

Websites of Many Kansas Counties May Lack Security Against Hackers: Report

Feb 25 2020 // Many Kansas counties’ websites may be at risk as they lack basic protocols that make it easier for hackers to impersonate websites in order to install malware or trick individuals into giving out their personal...

Britain’s Financial Conduct Regulator Admits Data Breach

Feb 25 2020 // Britain’s Financial Conduct Authority (FCA) has admitted an accidental leak of confidential information, including the names and some contact details of people who had made complaints against the watchdog in 2018 and...

Cyber Insurance Startup At-Bay Plans Expansion After Raising $34 Million

Feb 24 2020 // Cyber Insurance startup At-Bay raised a new $34 million venture capital round, CEO and Co-Founder Rotem Iram disclosed in a recent blog posting. Plans call for the money to be used to grow the managing general...

Russia Blamed for Massive Cyber Attack Against Nation of Georgia in 2019

Feb 21 2020 // Georgia accused Russian military intelligence of organizing a “paralyzing” cyber attack last year and called for a reaction by the international community. Russia’s GRU was behind the...

Homeland Security Reports Ransomware Attack Shut Gas Pipeline Facility for Two Days

Feb 19 2020 // The U.S. Department of Homeland Security has alerted energy and other infrastructure firms to review their cybersecurity after a ransomware attack interrupted a natural gas compression facility. The attack caused the...

UK MGA Node International Names Lefchik as Director, Cyber Risk for North America

Feb 12 2020 // H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the expansion of Node International’s North American presence with the addition of Matthew Lefchik, who...

H.W. Kaufman Adds Lefchik to Expand Node International in North America

Feb 11 2020 // H.W. Kaufman Group, a global network of companies, has expanded Node International’s North American presence with the addition of Matthew Lefchik. Lefchik joins Node International as director, Cyber Risk Management...