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New-Vehicle Sales Growth Slows After CDK Cyberattack
Jul 5 2024 // Top U.S. automakers posted slower sales growth for the second quarter as a cyberattack at software systems provider CDK hit operations at several dealerships during the crucial selling period of late June. General Motors...
Government Contractors Guidehouse, Nan McKay Pay $11.3M for Cybersecurity Failure
Jul 5 2024 // Two government consultants have paid more than $11 million to settle allegations that they failed to meet cybersecurity requirements in a program for New Yorkers who applied online for federal emergency rental assistance...
Markets/Coverages: Resilience Doubles Cyber Limits to $20M
Jul 1 2024 // Resilience said it doubled the cyber insurance limits it can offer to clients in the U.S. to $20 million per client. This announcement follows the launch of new features and capabilities that enable enterprises to...
Cyber Insurance Rates Drop as Businesses Improve Security, Report Says
Jul 1 2024 // Cyber insurance premiums are falling globally as businesses become more adept in curbing their losses from cybercrime, even as ransomware attacks are rising, broker Howden said in a report on Monday. Insurance premiums to...
Microsoft Tells Texas Agencies They Were Exposed in Russian Hack
Jul 1 2024 // Microsoft Corp. has told more than a dozen state agencies and public universities in Texas that Russian state-sponsored hackers accessed emails between them and the software giant. The attackers were able to gain access to...
Cyber Extortion Reached Record High in US and Canada in 2023: Marsh
Jul 1 2024 // Multiple companies in the United States and Canada experienced a record number of cyber extortion events in 2023 and unprecedented demands, a new report from Marsh shows. The report, Ransomware: A persistent challenge in...
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