Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Judge Permits Claim for Business Lost While Helping Clients Recover From Data Breach
Dec 28 2022 // A federal judge has dismissed a complaint leveled against an insurer alleging bad faith in the handling of a data breach claim but has advanced the underlying dispute of whether the insured suffered business interruption...
Chinese Electric Automaker Nio Hit by Ransomware Attack
Dec 22 2022 // China-based Nio Inc. said on Tuesday that hackers had breached its computer systems and accessed data on users and vehicle sales, in the latest hacking incident to hit the global auto industry. The hackers had sent an...
Top White House Cybersecurity Official Plans to Step Down
Dec 22 2022 // The US’s first national cyber director, Chris Inglis, is planning to step down in the coming months, according to a person familiar with the matter. Inglis has worked as one of President Joe Biden’s top...
CyberCube Gets $50M in Financing for Cyber Risk Analytics
Dec 19 2022 // CyberCube announced $50 million in additional growth capital from investment funds managed by Morgan Stanley Tactical Value (Morgan Stanley), with continued participation from all existing investors Forgepoint Capital,...
TPG Telecom Joins Growing List of Australian Companies Hit by Cyber Attacks
Dec 14 2022 // Internet services provider TPG Telecom Ltd. became the latest Australian company to fall victim to a high-profile cyberattack, announcing on Wednesday that the emails of up to 15,000 of its corporate customers had been...
North Korean Cyber Spies’ New Tactic: Tricking Experts Into Writing Research for Them
Dec 12 2022 // When Daniel DePetris, a U.S.-based foreign affairs analyst, received an email in October from the director of the 38 North think-tank commissioning an article, it seemed to be business as usual. It wasn’t. The sender...
People Moves: Chubb Global Mkts Promotes O’Brien to Head of Cargo; AXIS Promotes Maher to Head of Cyber and Technology, London
Dec 9 2022 // Chubb Global Mkts Promotes O’Brien to Head of Cargo Chubb announced the appointment of Alex O’Brien as head of Cargo for Chubb Global Markets (CGM), the company’s London Market wholesale and specialty...
People Moves: 5 Appointments in AGCS Cyber; Freely Head of WTW Financial Solutions
Dec 9 2022 // AGCS Bolsters Cyber Underwriting Team in North America Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Allianz Group, has appointed five professionals to its cyber underwriting team in...
Embroker: Cybersecurity a Top Investment Focus for Startup Founders in 2023
Dec 9 2022 // Cybersecurity concerns will likely remain a focus for startup founders in 2023, according to the recent Embroker Cyber Risk Index: Startup Edition. The report said startup founders cited cybersecurity protections as one of...
Fraudulent Funds Transfer, Ransomware Are Main Drivers of Cyber Loss: Corvus
Dec 7 2022 // According to new data from Corvus Insurance, fraudulent funds transfer (FFT) continues to generate substantial losses for organizations. FFT comprised 36% of of the company’s cyber claims – an all-time high –...
What to Know About an Unlikely Vector for Cyber Threats: Household Pets
Dec 7 2022 // Powered by InsuranceJournal.tv Pets can make a great addition to the family, bringing positivity and warmth to a household, but the digital devices associated with them could be a different story. While every fifth pet...
Lapsus$ Hacking Group Will Be Focus of DHS Cyber Review Board
Dec 5 2022 // The Department of Homeland Security’s Cyber Safety Review Board said it will study the Lapsus$ hacking group, which has been accused of carrying out breaches at major US companies this year. The board, comprised of...
Report Shows California Gun Data Breach Was Unintentional
Dec 2 2022 // California’s Department of Justice mistakenly posted the names, addresses and birthdays of nearly 200,000 gun owners on the internet because officials didn’t follow policies or understand how to operate their...
Cyber Attackers Cripple IT Systems of Prominent Indian Hospital
Nov 30 2022 // Cyber attackers have crippled systems at one of India’s most prominent hospitals for a week, forcing the institution to operate a raft of key medical services and labs manually. The All India Institute of Medical...
People Moves: Aon Reinsurance Solutions Names New APAC Leaders; Cyber Risk Modeler DeNexus Hires Aguilar as VP of Sales, EMEA
Nov 29 2022 // This edition of International People Moves details appointments at Aon Reinsurance Solutions and DeNexus. A summary of these new hires follows here. Aon Reinsurance Solutions Names New APAC Leaders Insurance broker Aon plc...
Markel International Merges Professional and Financial Risks Division With Cyber Team
Nov 28 2022 // Markel International, a subsidiary of Markel Corp., announced it will merge its professional and financial risks (PFR) division with its recently expanded cyber team. The decision to merge the two divisions is part of the...
Cyber Protection as Important as Missile Defense Systems: Retired NATO General
Nov 23 2022 // 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...
Cyber Risk Modeler DeNexus Opens UK Office
Nov 22 2022 // DeNexus Inc., the Sausalito, Calif.-based provider of cyber risk modeling, has opened an office in London as part of its strategy to build out its cyber expertise in Europe. The London office is headed up by seasoned...
RIMS Sends Letter to FIO in Support of Cyber Insurance Backstop
Nov 22 2022 // RIMS said it issued a comment letter to the Federal Insurance Office in response to legislative dialogue regarding a federal backstop for large-scale catastrophic cyber incidents impacting infrastructure. RIMS indicates...
People Moves: Liberty Specialty Mkts Names Intact’s Conran as CUO; Arch Taps WTW’s Bradley as Cyber U/W; Rokstone’s iFarm Underwriting Recruits from Marsh, Geo
Nov 21 2022 // This edition of International People Moves details appointments at Liberty Specialty Markets, Arch Insurance International, and Rokstone’s iFarm Underwriting. A summary of these new hires follows here. Liberty...
