Possibility of a Billion-Dollar Systemic Cyber Event ‘Is Real’ March 22, 2024 By Jahna Jacobson A systemic event and the threat it could pose to insurers’ portfolios is not the million dollar question, but perhaps...
Chief Risk Officers Say Cybersecurity Most Pressing Risk: Survey March 21, 2024 By Jahna Jacobson In an inaugural EY/Institute of International Finance (IIF) global insurance risk management survey, cybersecurity was ranked as the highest concern...
Hackers Roil Entire Industries With Attacks on IT Supply Chain March 14, 2024 Across Paraguay, hackers knocked out online services provided by the foreign ministry and companies. In Sweden, they crippled the payroll...
Italy’s Data Watchdog Probes Open AI Tool That Turns Text Into Video March 11, 2024 Italy’s data protection agency said on Friday it had opened an investigation into a service developed by Microsoft-backed Open AI...
Change Healthcare Cyberattack Is Still Disrupting Pharmacies, Other Providers February 28, 2024 By Sana Pashankar and John Tozzi A cyberattack that has disrupted Change Healthcare’s computer networks for nearly a week is creating a growing administrative problem for...
Cyber MGA Coalition Predicts Common Vulnerabilities to Increase 25% in 2024 February 22, 2024 Cyber insurance provider Coalition said it expects the total number of common vulnerabilities and exposures (CVEs) to increase by 25%...
Biden Seeks to Bolster Port Cybersecurity With Executive Order February 21, 2024 By Justin Sink President Joe Biden will sign an executive order designed to implement new cybersecurity requirements for the nation’s port owners and...
Google Calls Out Spyware Firms and Advocates for Tighter Regulation February 7, 2024 By Zeba Siddiqui Internet giant Google on Feb 6 called out a series of surveillance software companies that it said were enabling the...
Microsoft Warns Other Firms of Russian-Sponsored Group in Email Hacking January 30, 2024 By Margi Murphy and Jamie Tarabay Microsoft Corp. said an account that was compromised by Russia-linked hackers, resulting in a hack of some company emails including...
Wall Street Stock-Lending Platform Crashes in Ransomware Attack January 25, 2024 By Donal Griffin and Ryan Gallagher The criminal hacking gang LockBit said it was behind a ransomware attack that shut down some of the operations of...