Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Feb 24 2025 // Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth of tokens in the biggest theft ever committed in the industry. Researchers believe North Korean...
Pro-Russian Hackers Attack Italian Websites After President’s Comments About Ukraine
Feb 21 2025 // A pro-Russian hacker group attacked Italian government websites on Tuesday [Feb. 18] in what it said was a reaction to a speech by Italian President Sergio Mattarella that compared Russia’s invasion of Ukraine to the...
Markets/Coverages: Cyber Portfolio Quoting for US Brokers From CFC; New DUAL Fine Art Coverage Capacity; Falcon Risk’s Pro Liability for Agents, Brokers
Feb 19 2025 // CFC Launches Cyber Portfolio Quoting for American Brokers CFC said it has launched a new service to automate quoting for up to thousands of policies. Initially available for CFC’s cyber products, US brokers can now...
Bain Capital Backs Israeli AI Cybersecurity Startup Dream at $1.1 Billion Valuation
Feb 19 2025 // Dream, an artificial intelligence company that provides cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, has raised $100 million at a $1.1 billion valuation. Bain...
Virginia Attorney General’s Office Hit by Cyber Attack
Feb 14 2025 // Virginia State Police and the Federal Bureau of Investigation (FBI) are investigating a “sophisticated cyberattack” that struck the Richmond offices of Virginia Attorney General Jason S. Miyares on...
Deloitte Pays Rhode Island $5 Million to Aid Recovery From Ransomware Attack
Feb 12 2025 // The consulting firm Deloitte that built and manages Rhode Island’s popular RIBridges portal has paid the state $5 million to compensate for the ransomware attack that compromised and shuttered the benefits site in...
Viewpoint: Cyber Risk and AI – The Changing Landscape
Feb 5 2025 // Newswise — In today’s world of interconnected computer-based information systems, cyber risk has become one of the critical risk factors impacting organizations. Indeed, several studies have shown that cyber risk...
Tri-State Region Blood Center Hit With Ransomware Attack
Jan 31 2025 // One of the country’s largest blood donor and research centers has suffered a ransomware attack. The New York Blood Center (NYBC) said that on Sunday, January 26, it identified “suspicious activity”...
MGM Resorts to Pay $45M to Settle Data Breach Lawsuit
Jan 29 2025 // MGM Resorts International has agreed to a $45 million to resolve a class action lawsuit over its data breaches in 2019 and 2023. Preliminary approval of the settlement was granted by a federal judge, according to documents...
Markets/Coverages: DUAL Europe Launches Cyber Active Protect Solution
Jan 28 2025 // DUAL Europe announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive cyber insurance with proactive cyber prevention services. It also has launched a new entity – DUAL Cyber Prevention...
UnitedHealth Says Hack at Tech Unit Impacted 190 Million People
Jan 28 2025 // The cyberattack at UnitedHealth Group’s tech unit last year affected the personal information of 190 million people, the health conglomerate said on Jan. 24, making it the largest healthcare data breach in the United...
PayPal Pays $2 Million Cybersecurity Settlement to New York Regulator
Jan 27 2025 // PayPal, Inc. will pay a $2 million penalty to New York State for violations of the state’s financial services industry cybersecurity regulation. The failures on December 2022 led to sensitive customer information,...
Nebraska Sues Change Healthcare Over Data Breach
Jan 27 2025 // Nebraska Attorney General Mike Hilgers filed a lawsuit in Lancaster County District Court against Change Healthcare alleging violations of the state’s Consumer Protection and Data Security Laws. The complaint stems...
People Moves: Lawley Names 4 New Partners; Burns Heads XS Brokers New Cyber Unit
Jan 22 2025 // Lawley, headquartered in Buffalo, New York, appointed four new partners. Michael Jantzi II Michael Jantzi II has worked in the insurance and business development sectors since 2010. Prior to becoming a partner, he was an...
Cyber Insurance Market to Expand as Risks Evolve: Gallagher
Jan 17 2025 // While 2024 brought record-breaking data-breach costs and evolving cyber risk, all signs point to stable rates and ample capacity in 2025. Intense competition among cyber insurance carriers has resulted in higher limits,...
FBI Warned Agents It Believes Phone Logs Hacked Last Year
Jan 17 2025 // FBI leaders have warned that they believe hackers who broke into AT&T Inc.’s system last year stole months of their agents’ call and text logs, setting off a race within the bureau to protect the identities...
White House Aims to Bolster Cybersecurity With Last-Minute Order
Jan 16 2025 // President Joe Biden on Thursday is set to issue an executive order aimed at strengthening the federal government’s cybersecurity and offering it more tools to punish digital attackers. The order in the final days of...
An Increase in Identity Theft, Cybercrime Predicted in 2025
Jan 16 2025 // The forecast for identity theft scams and cybercrime in 2025 is bleak, according to the Identity Theft Resource Center (ITRC). It’s anticipated there will be reduced support for victims and less law enforcement...
NHS Cyberattack in UK Inflicted Long-Term Harm on Patient Health
Jan 15 2025 // A cyberattack that paralyzed hospitals and clinics in London last year resulted in harm to dozens of patients, leading to long-term or permanent damage to their health in at least two cases, according to data obtained by...
Cyber, Business Interruption, Natural Disasters Listed as Top 3 Business Risks: Allianz
Jan 15 2025 // Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk Barometer 2025. Cyber incidents, such as ransomware attacks, data breaches and IT...
