Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Market/Coverages: Marsh Offers Bermuda Cyber Excess Facility With $30M of Capacity
Apr 10 2025 // Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of CyberShore Bermuda, an exclusive, excess cyber insurance facility that provides Marsh clients with enhanced protection and a streamlined...
Hackers Spied on 100 US Bank Regulators’ Emails for Over a Year
Apr 9 2025 // Hackers intercepted about 103 bank regulators’ emails for more than a year, gaining access to highly sensitive financial information, according to two people familiar with the matter and a draft letter to Congress...
Singapore Customer Data Exposed After Ransomware Attack on Vendor of DBS, BoC
Apr 8 2025 // Some customer information from Singapore’s DBS Group and Bank of China’s branch in the country has potentially been compromised after a ransomware attack on their data vendor Toppan Next Tech (TNT). DBS said on...
Markets/Coverages: Resilience to Expand Cyber Capacity With Accredited
Apr 8 2025 // Resilience is expanding the availability of its cyber risk solutions to serve large enterprise accounts with revenue greater than $10 billion. The expanded underwriting authority provides broker partners with more options...
SecurityScorecard Names Willis as Official Cyber Broker as Part of Partnership
Apr 7 2025 // SecurityScorecard and Willis, a WTW business, announced a collaboration to enhance cyber risk quantification, improve insurance modeling, and strengthen enterprise security strategies for organizations worldwide. As part...
Oracle Tells Clients of Second Recent Hack, Log-In Data Stolen
Apr 4 2025 // Oracle Corp. has told customers that a hacker broke into a computer system and stole old client log-in credentials, according to two people familiar with the matter. It’s the second cybersecurity breach that the...
Markets/Coverages: Travelers Adds Enhanced Services for Cyber Liability; Willis AdWrap for Marketing and Ad Production
Apr 4 2025 // The Travelers Companies launched Travelers Cyber Risk Services, a suite of capabilities added to all cyber liability policies designed to help lower the risk of a cyberattack and the cost to recover from one. In addition...
Hackers Target Australia’s Largest Pension Funds in Coordinated Attacks
Apr 4 2025 // Hackers targeting Australia’s major pension funds in a series of coordinated attacks have stolen savings from some members at the biggest fund, according to a source with knowledge of the matter, and compromised more...
Markets/Coverages: CFC Says New Cyber Product Includes 2 Industry Firsts
Apr 2 2025 // Specialist insurer CFC announced a new cyber product – Cyber Proactive Response (CPR) – aimed at businesses with revenues up to $250 million. CFC said the new product includes two firsts for the cyber insurance...
Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube
Apr 2 2025 // Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output. “This...
UK to Compel 1,000 Firms to Shore Up Cyber Defenses After Hacks
Apr 2 2025 // The UK government will pass legislation compelling companies providing IT services to critical national infrastructure to improve their cyber defenses after a wave of attacks by Russia, China, Iran and North Korea. As many...
Oracle Warns Health Customers of Patient Data Breach
Mar 30 2025 // Hackers broke into Oracle Corp.’s computer systems and stole patient data in an attempt to extort multiple medical providers in the US, according to a person familiar with the matter and a notification the software...
Cyber Security Threat Detected at Kuala Lumpur International Airport: Malaysia Airports
Mar 27 2025 // A cyber security threat affecting computer systems at the Kuala Lumpur International Airport was detected on Sunday, the National Cyber Security Agency and Malaysia Airports said in a joint statement. The operations at...
Pennsylvania’s Union County Suffers Ransomware Attack
Mar 25 2025 // Pennsylvania’s Union County is dealing with a ransomware attack that has likely exposed personally identifiable information, mostly related to individuals involved with the county’s law enforcement, courts, and...
Auto Insurer Root to Pay New York $975K Over Data Breach
Mar 24 2025 // New York Attorney General Letitia James has secured $975,000 in penalties from auto insurance company Root over a data breach that the state says exposed the personal information of about 45,000 New Yorkers. Root does not...
Resilience: Third-Party Risk Involved in 31% of Cyber Claims
Mar 24 2025 // More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024. New research...
Most Ransomware Claims Begin With Compromised Perimeter Security: Coalition
Mar 24 2025 // More than half of ransomware claims in 2024 started with threat actors compromising perimeter security appliances, according to a new report from Coalition. In its Cyber Threat Index 2025, the insurance provider reported...
Markets/Coverages: Marsh Expands Cyber Insurance Facility With $45M of Extra Capacity
Mar 19 2025 // Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of Cyber Echo Encore, an enhancement to its existing Cyber Echo insurance facility. The facility’s enhancement provides Marsh clients...
Cybersecurity Officials Warn Against Potentially Costly Medusa Ransomware Attacks
Mar 17 2025 // The FBI and the U.S. Cybersecurity and Infrastructure Security Agency are warning against a dangerous ransomware scheme. In an advisory posted earlier this week, government officials warned that a ransomware-as-a-service...
Diversification, Risk Modeling Top of Mind for Carriers as Cyber Market Softens
Mar 17 2025 // As cyber insurance rates have begun to stabilize, insurance carriers are seeking more diversification to fuel their underwriting and growth strategies, according to panelists at this year’s PLUS Cyber Symposium in...
