Cost of Norsk Hydro Cyber Attack Higher than Expected at Nearly $75 Million July 24, 2019 By Gwladys Fouche Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte refinery in Brazil despite a cyber attack...
Liberty Specialty Forms Cyber Centre of Excellence; Rigby Named Chief Cyber Officer July 22, 2019 Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Jon Rigby to the newly created role of...
CFC Adds Range of Risk Management Services to Tech Insurance Offering July 17, 2019 Specialist insurance provider CFC Underwriting has added a range of free risk management services to its insurance offering for technology...
Moody’s, Israel’s Team8 to Offer Business Cyber Risk Benchmark for M&As, Insurance June 27, 2019 By Tova Cohen and Ari Rabinovitch Ratings agency Moody’s Corp. and Israeli cyber group Team8 launched on Thursday a joint venture to assess how vulnerable businesses...
Iran Increases Cyber Attacks on U.S. Gov’t, Infrastructure: Cyber Security Firms June 24, 2019 By Tami Abdollah Iran has increased its offensive cyber attacks against the U.S. government and critical infrastructure as tensions have grown between the...
Aspen Insurance Launches Cyber Risk Management Platform ‘SSIMPLE’ June 19, 2019 Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., announced the launch of its cyber risk management platform, SSIMPLE,...
London Market Broker BMS Partners with BitSight to Provide Cyber Risk Analysis June 11, 2019 BMS Group, the London-based independent specialist re/insurance broker, has partnered with BitSight, a cyber security ratings company, to provide cyber...
Norsk Hydro’s Core Profit Plunges 82% After March Cyber Attack, Brazilian Spill June 5, 2019 Aluminum producer Norsk Hydro, the victim of a cyber attack in March that paralyzed its IT systems, posted an 82%...
CFC Designs New Broker Platform for Its Cyber Insurance Products May 24, 2019 Specialist insurer CFC is debuting a new broker platform designed to facilitate the sale of its cyber insurance products to...
Ransomware Attacks Skyrocketed in Q1: Beazley May 24, 2019 Ransomware attacks skyrocketed in the first quarter of 2019, according to the Beazley Breach Response (BBR) Services team, which reported...