Citigroup on Tuesday urged a federal judge to dismiss New York Attorney General Letitia James’ lawsuit accusing its Citibank unit of failing to reimburse customers who fall victim to online scammers. While recognizing that the problem of online wire fraud …
Officials in Bucks County, Pennsylvania, said the government refused to negotiate with the hackers claiming responsibility for the cyberattack on January 21 that shut down computer systems and the county never paid any ransom to restore the systems. Instead, the …
Wesco Insurance, a part of AmTrust, has agreed to settle its dispute with a financial firm that lost millions in retirees’ money in a well publicized 2022 cyber attack. The settlement notice, filed in federal court in Miami, did not …
Liberty Mutual Insurance is the target of a proposed class action alleging that the company uses spyware on its website that violates Pennsylvania’s electronic surveillance law. The suit claims the company uses “session replay” spyware, namely Clicktale and Datadog, to …
Colonial Surety, a direct and digital insurer, expanded its fiduciary liability product offering for plan sponsors – businesses that offer retirement plans – with a new, two-part package that includes cyber liability coverage. The new package offers fiduciary liability insurance …
A bipartisan solution to address the proliferation of cybercrime has unanimously passed the Oklahoma Senate. House Bill 1759, authored by Rep. Trish Ranson, D-Stillwater and Sen. Zack Taylor, R-Seminole, updates language in the Oklahoma Computer Crimes Act to better address …
A bipartisan group of senators on Tuesday recommended that the U.S. consider requiring companies to disclose when they have been hacked. At the first public hearing before Congress since a massive cyber-attack by suspected Russian hackers was disclosed in December, …
The group behind a global cyber-espionage campaign discovered last month deployed malicious computer code with links to spying tools previously used by suspected Russian hackers, researchers said on Monday. Investigators at Moscow-based cyber security firm Kaspersky said the “backdoor” used …
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 …
Ransomware attacks grew by nearly 50 percent in the 2020 second quarter compared to the first three months of the year, underscoring the risks created by pandemic-related work-from-home requirements, a new Coalition report has determined. On top of that trend, …
