Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
UnitedHealth Unit Will Start Processing $14B Medical Claims Backlog After Hack
Mar 25 2024 // UnitedHealth Group said on Friday its Change Healthcare unit will start to process the medical claims backlog of more than $14 billion as it resumes some software services disrupted by a cyberattack last month. The company...
Possibility of a Billion-Dollar Systemic Cyber Event ‘Is Real’
Mar 22 2024 // A systemic event and the threat it could pose to insurers’ portfolios is not the million dollar question, but perhaps the billion dollar question, according to Norman Niami, immediate past chairperson and member of...
CyberSaint Raises $21M for Automating, Quantifying Cyber Risk Management
Mar 21 2024 // Boston-based cyber risk management firm CyberSaint reports it has raised $21 million in Series A funding led by Riverside Acceleration Capital. Additional participating investors include Sage Hill Investors, Audeo Capital,...
Chief Risk Officers Say Cybersecurity Most Pressing Risk: Survey
Mar 21 2024 // In an inaugural EY/Institute of International Finance (IIF) global insurance risk management survey, cybersecurity was ranked as the highest concern for chief risk officers. CROs surveyed said the top five risk types or...
US Warns That Hackers Are Carrying Out Disruptive Attacks on Water Systems
Mar 21 2024 // The U.S. government is warning state governors that foreign hackers are carrying out disruptive cyberattacks against water and sewage systems throughout the country. In a letter released Tuesday, National Security Advisor...
People Moves: Sompo Promotes Allen as CUO of Global Markets Commercial P&C Insurance, Succeeding Easton; BMS Taps Howden’s Leahy as Cyber Practice Co-Leader
Mar 20 2024 // This edition of International People Moves details appointments at re/insurer Sompo and the re/insurance broker BMS. A summary of these new hires follows here. Sompo Promotes Allen as CUO of Global Markets Commercial...
Underwriters’ Dilemma: Is AI a Cyber or Tech E&O Risk?
Mar 19 2024 // When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to a lack of clarity, according to panelists at The Professional Liability Underwriting...
Scranton School District Reports Ransomware Attack
Mar 18 2024 // The Scranton, Pennsylvania school district has been experiencing computer outages due to a ransomware attack last week. “The attack is causing a temporary disruption to some of our computer systems and...
Hackers Roil Entire Industries With Attacks on IT Supply Chain
Mar 14 2024 // Across Paraguay, hackers knocked out online services provided by the foreign ministry and companies. In Sweden, they crippled the payroll and human resources systems of more than 100 government bodies, including the...
Class Action Lawsuits Pile Up Over UnitedHealth Data Breach
Mar 14 2024 // UnitedHealth Group has already been hit with at least six class action lawsuits accusing it of failing to protect millions of people’s personal data from last month’s hack of Change Healthcare, its payment...
Russian Hackers Are Weaponizing Stolen Microsoft Passwords
Mar 13 2024 // A Russian state-sponsored hacking group that stole sensitive data from Microsoft Corp. executives is trying to leverage that information to compromise the company’s source code and other internal systems, according...
Cancer Clinics Face Cash Crunch After Hack Rocks US Health Care
Mar 13 2024 // Doctors across the US are stretching to keep their practices afloat as a debilitating cyberattack on a once little-known company at the center of the health-care system continues to cause havoc. The Feb. 21 attack against...
Microsoft Warns Russian Hackers Still Trying to Break Into its Systems
Mar 11 2024 // Microsoft said on Friday that hackers linked to Russia’s foreign intelligence were trying again to break into its systems, using data stolen from corporate emails in January to gain new access to the tech giant whose...
‘Exit Scam’ – Hackers That Hit UnitedHealth Pull Disappearing Act
Mar 7 2024 // The hackers responsible for the breach at UnitedHealth Group appear to have pulled a disappearing act on Tuesday, leaving their cybercriminal associates in the lurch and replacing their old website with a bogus statement...
Chicago Children’s Hospital Restores Some Systems Following Cyberattack
Mar 6 2024 // CHICAGO (AP) — Doctors and nurses at a premier Chicago children’s hospital can again access patients’ electronic medical records, more than a month after a cyberattack forced Lurie Children’s Hospital...
People Moves: AXIS Taps SCOR’s Dejung as Global Cyber & Technology CUO; SiriusPoint Names 3 Key Leaders in Global Underwriting
Mar 5 2024 // This edition of International People Moves details appointments at Bermuda-based AXIS Capital Holdings and SiriusPoint. A summary of these new hires follows here. AXIS appoints Dejung as Global Cyber & Technology...
People Moves: Lockton Re Taps Lewis From Zurich to Lead Cyber Practice in N. America; Sedgwick Names Liberty Mutual’s Fink as Chief Marketing Officer
Mar 5 2024 // Lockton Re Taps Lewis From Zurich to Lead Cyber Practice in North America Brian Lewis Lockton Re, the reinsurance business of independent insurance broker Lockton, announced that Brian Lewis has joined as senior broker...
Physician Group Asks US to Make Funds Available to Doctors Hurt by Change Hack
Mar 5 2024 // Influential U.S. doctors’ group the American Medical Association (AMA) on Monday asked the Biden Administration to make emergency funds available to physicians hurt by ongoing problems created by the hack of...
Georgia’s Largest County Still Repairing Damage from January Cyberattack
Mar 4 2024 // Georgia’s largest county is still repairing damage inflicted on its government a month ago by hackers who shut down office phone lines, left clerks unable to issue vehicle registrations or marriage licenses and...
Small Business Cyber Gap
Mar 4 2024 // Yvette Prichard says cyber insurance continues to be an area where small businesses have significant gaps in their insurance portfolios. “It is a big risk; any business that does anything on a computer needs cyber...
