Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Montenegro Wrestles With Massive Cyberattack, Russia Blamed
Sep 14 2022 // At the government headquarters in NATO-member Montenegro, the computers are unplugged, the internet is switched off and the state’s main websites are down. The blackout comes amid a massive cyberattack against the...
Google Completes $5.4M Buy of Cybersecurity Firm Mandiant
Sep 12 2022 // Google today said it has completed its acquisition of Mandiant, Inc. Mandiant will join Google Cloud and retain the Mandiant brand, Google said. Alphabet’s Google said the acquisition will allow Google Cloud and...
People Moves: Everest Re Taps Nationwide’s Rudow as Head of Cyber Reinsurance; BMS Re Names McDowell as Bermuda CEO, Binetti as Head of Casualty Treaty
Sep 12 2022 // This edition of International People Moves details appointments at Everest Reinsurance and BMS Re. A summary of these new hires follows here. Everest Re Taps Nationwide’s Rudow as Global Head of Cyber...
Web-Connected Devices May Have to Meet New EU Cybersecurity Rules
Sep 8 2022 // Providers of internet-connected technology – from Apple iPhone software to baby monitors – will have to meet new cybersecurity requirements in the European Union or face fines and possibly have the product taken off...
People Moves: 2 Middle Market Industry Leaders at Zurich; Tadmoury Head of Global Middle Market at AFM; New EVP, Cyber Team Expands at Gallagher Re
Sep 8 2022 // Zurich North America names new U.S. Middle Market industry practice leaders Zurich North America has named two new industry practice leaders to its U.S. Middle Market team. Erin Terpack was appointed head of technology and...
Markets/Coverages: AXIS Cyber and Liability Policy for SMBs; Moody’s ESG Underwriting Solution; CyberCube, AkinovA Partner on Cyber Analysis
Sep 8 2022 // AXIS Launches Streamlined Cyber and Liability Policy for Small and Mid-Sized Businesses AXIS Capital Holdings Limited said it launched an insurance policy that offers custom-built cyber and specialist liability coverage...
Huge Los Angeles Unified School District Hit by Cyberattack
Sep 7 2022 // The huge Los Angeles Unified School District’s information technology systems were targeted by an external cyberattack during the Labor Day weekend, officials said. Despite the disruption, schools in the...
KeyBank Reports Hackers of Third-Party Provider Stole Customer Data
Sep 6 2022 // Hackers stole personal data including Social Security numbers, addresses and account numbers of home mortgage holders at KeyBank, the bank reports, in the breach of a third-party vendor that serves multiple corporate...
Asset Manager Lombard Odier Adds ESG Screens After ‘Shocking’ Cyber Report
Sep 6 2022 // Lombard Odier Investment Managers said the “shocking” results of an analysis into cybersecurity risks lurking in portfolio companies have led it to apply ESG processes far more broadly to protect its funds from...
Cyber MGA Coalition Launches in UK Insurance Market
Sep 6 2022 // Coalition, the San Francisco-based cyber managing general agent, began trading in the UK, effective Sept. 1, and has opened a London office. Backed by a multi-year capacity agreement with Allianz Global Corporate &...
25 Years: The Journey of Cyber Insurance
Sep 5 2022 // This year marks the 25th anniversary of the cyber insurance market. While many industry observers view cyber coverage as a surging phenomenon in response to escalating incidence of random attacks, the first cyber policy...
RT Specialty to Open New Excess Cyber Facility
Sep 2 2022 // RT Specialty, the wholesale insurance distributor of Ryan Specialty, has announced a new and exclusive excess cyber facility. This new facility brings additional capacity and creative insurance solutions to the cyber...
Cyber Attacks on Western European Firms on the Rise Since Ukraine War: Italy Minister
Sep 2 2022 // Italy’s foreign minister said cyber attacks on western European companies have risen following the Russian invasion of Ukraine, as Rome deals with the fallout from hacker actions targeting energy companies earlier...
Italian Oil Giant Eni Hit by Cyber Attack
Sep 1 2022 // The Italian oil giant Eni SpA said Wednesday that its computer networks were hacked in recent days and that the consequences so far appeared to be minor. “Eni confirms that the internal protection systems have...
Beyond Zeros and Ones: When Cyber Attacks Become Physical
Aug 31 2022 // Powered by InsuranceJournal.tv When people think of cyber attacks, they might think of things like phishing, ransomware or data theft. But increasingly, something called cyber-physical attacks are making their way into the...
Travelers, Policyholder Agree to Void Current Cyber Policy
Aug 30 2022 // Travelers and policyholder International Control Services (ICS) jointly filed a stipulation to have a federal court rescind an active cyber insurance policy that the insurer claimed was void due to the insured’s...
ILS Investors Could Help Fill Cyber Re/Insurance Protection Gap if Hurdles Are Overcome
Aug 29 2022 // The cyber re/insurance protection gap provides an opportunity for insurance-linked securities (ILS) investors, which historically have filled the gaps where traditional capital has either retrenched or is unavailable,...
Cyber Insurance Price Hike Hits Local Governments Hard
Aug 29 2022 // This story originally appeared on Stateline, an initiative of The Pew Charitable Trusts. Horry County, South Carolina, officials were in for a shock earlier this year, when they discovered their cyber insurance premium...
World’s Most Popular Password Manager Says It Was Hacked
Aug 26 2022 // LastPass, a password manager used by more than 33 million people around the world, said a hacker recently stole source code and proprietary information after breaking into its systems. The company doesn’t believe any...
California Lawmakers Allow Lawsuits Against ‘Cyber Flashers’
Aug 24 2022 // Victims who receive unsolicited sexually graphic material by text, email, app or other electronic means could sue the sender under a bill that California lawmakers sent to Gov. Gavin Newsom this week. The bill targets...
