Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
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...
Twitter Misled Regulators on Hackers and Spam, Whistleblower Claims
Aug 24 2022 // Twitter Inc. misled federal regulators about its defenses against hackers and spam accounts, the social media company’s former security chief Peiter Zatko said in a whistleblower complaint. In an 84-page complaint,...
People Moves: Hyde to Lead Erie DEI; Hilb Names Cohen Carrier Relations Head; Trokan Westfield’s Head of Cyber; 3 Senior Hires at Magnolia Grove
Aug 23 2022 // Erie Insurance names diversity, equity and inclusion leader Lance Hyde to VP role Erie Insurance has named Lance Hyde to the role of Vice President of Diversity, Equity and Inclusion (DEI). Hyde brings more than 15 years...
People Moves: Liberty Mutual Names Former CNA Exec as President, GRS N. America; AXA XL Boosts Cyber Insurance Team in N. America With 3 Hires
Aug 22 2022 // Liberty Mutual Names Former CNA Exec as President, GRS North America Liberty Mutual Insurance announced the appointment of Kevin Smith as president of Global Risk Solutions (GRS) North America. Reporting to GRS President...
Cyber MGA At-Bay Acquires Tech-Solutions Provider Relay
Aug 22 2022 // At-Bay, the San Francisco-based insurtech and managing general agent, announced the acquisition of Relay, a technology solutions provider that enables the digital transformation of commercial insurance...
Lloyd’s Insurers Must Exclude Catastrophic State-Backed Cyber-Attacks
Aug 19 2022 // Lloyd’s insurers must exclude state-backed cyber-attacks in standalone (or affirmative) cyber policies if they reach a catastrophic threshold, according to a Lloyd’s market bulletin issued this week. However,...
UK Water Supplier Hit by Cyber Attack, Highlighting Critical Infrastructure Vulnerabilities
Aug 18 2022 // A company that supplies water to more than 1.5 million people in the UK disclosed it was hit by a cyber attack in an incident security experts said highlighted potentially dangerous vulnerabilities in the country’s...
