cyber security News

Markets/Coverages: Brit Renews and Expands Flagship Cyber Consortium

Brit Ltd. announced the renewal and planned expansion of its leading cyber consortium, Brit Cyber Attack Plus (BCAP), a cyber product designed to protect clients from the impact of physical damage arising from cyber-attacks. BCAP offers limits of up to …

Liberty Mutual Launches Global Cyber Office to Better Manage Complex Cyber Risks

Liberty Mutual Insurance announced the formation of a Global Risk Solutions (GRS) Global Cyber Office and the appointment of a leadership team consisting of industry experts. The office aims to build and scale Liberty Mutual’s cyber capabilities around the world, …

Denmark Raises Cyber Security Alert Level After Attacks From Russian Hacker Groups

Denmark on Tuesday raised its cyber security alert level from “medium” to “high” after several attacks by pro-Russian hacker groups in recent weeks, the country’s Centre for Cyber Security said. “The risk level is being raised on the back of …

U.S. Says It ‘Hacked the Hackers’ to Bring Down Hive Ransomware Gang

The FBI on Thursday revealed it had secretly hacked and disrupted a prolific ransomware gang called Hive, a maneuver that allowed the bureau to thwart the group from collecting more than $130 million in ransomware demands from more than 300 …

Britain Sounds Alarm on Russia-Based Hacking Group

A Russia-based hacking group named Cold River is behind an expansive and ongoing information-gathering campaign that has struck various targets in government, politics, academia, defense, journalism, and activism, Britain said on Thursday. In an advisory, the National Cyber Security Centre …

Australia’s Health Care System Prime Target for Cyber Attackers: Minister

Australia’s hospitals and health care system are at a high risk from cyberattackers targeting citizens’ personal data, the home affairs minister said, adding the country needed to step up its efforts to combat hacking attempts. Speaking ahead of an international …

Cyber Protection as Important as Missile Defense Systems: Retired NATO General

A cyber attack on the German ports of Bremerhaven or Hamburg would severely impede NATO efforts to send military reinforcements to allies, retired U.S. General Ben Hodges told Reuters. The European Commission proposed an action plan to bolster cyber defense …

Abortions, Drug Use Exposed in Cyber Attack on Australian Health Insurer Medibank

When the Australian health insurer Medibank Private Ltd. was hit with a ransomware attack last month, it provided regular updates to its customers, including the revelation that personal information from nearly 10 million of them was exposed. It also followed …

Medibank Hack Could Cost A$700M for Damages and Fixes

The data breach at Medibank Private Ltd. could cost the Australian health insurer A$700 million ($450 million) if customers decide to sue for damages after personal medical details were posted to a forum on the dark web, according to Bloomberg …

Data Stolen From Australian Health Insurer Medibank Posted on Dark Web

Data stolen from an Australian health insurer, including the names, addresses and birthdates of hundreds of customers, has been posted to a forum on the so-called dark web. The files appear to be a sample of the data that was …