Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
States Weigh Bans on Ransomware Payoffs
Jul 27 2021 // As ransomware attacks continue to wreak havoc on police departments, school districts and city and county governments, some state legislators say they’ve had enough. At least three states—New York, North Carolina...
Disruptions from Cyber Attack Force S. Africa Port Operator to Declare ‘Force Majeure’
Jul 27 2021 // Transnet SOC Ltd., South Africa’s state-owned ports and freight-rail company, declared force majeure at the country’s key container terminals after disruptions caused by a cyber attack five days ago. The...
Cyber Attack Disrupts Container Operations at Major South African Port
Jul 23 2021 // JOHANNESBURG – A cyber attack has disrupted container operations at the South African port of Cape Town, an email seen by Reuters on Thursday said. Durban, the busiest shipping terminal in sub-Saharan Africa, was also...
As Cyberattacks Rise, Cyber Insurers Are Rethinking Their Business
Jul 21 2021 // The hacks came one right after another, sowing chaos at hospitals, idling America’s biggest gasoline pipeline, crippling a huge meat supplier and devastating hundreds of companies over the July 4 weekend. Now,...
People Moves: Aon Cyber Appoints Bixby; Guy Carpenter Adds 2 from Willis Re, Zywave Names 3 Senior Leaders
Jul 20 2021 // Hacking Expert Bixby Joins Aon Cyber Solutions Aon has appointed Adam Bixby as the new managing director, Proactive Security leader, for Cyber Solutions North America. Bixby is responsible for the Proactive Security...
U.S. and Allies Accuse China of Global Cyber Espionage
Jul 20 2021 // The United States and its allies accused China on Monday of a global cyber espionage campaign, mustering an unusually broad coalition of countries to publicly call out Beijing for hacking. The United States was joined by...
S&P Warns of Cyber Risk’s Impact on Insurers’ Credit Ratings
Jul 19 2021 // Cyber risk is becoming increasingly relevant to insurer credit ratings, according to a report from S&P Global Ratings. Overall, S&P said it has noted “more credit-relevant cyber events in the last six months...
U.S. Fights Cyber Attacks by Blacklisting, Sanctioning Russian Tech Firms
Jul 19 2021 // The United States on Friday took a new stab at Russia’s cybersecurity industry, restricting trade with four information technology firms and two other entities over “aggressive and harmful” activities...
Insurers’ Own Infrastructure Could Be Next Targets of Cyber Criminals
Jul 19 2021 // As “the next digital pandemic,” cyber risks are increasingly becoming a problem for insurers themselves, according to an industry expert. With “a lack of controls at [an] insurer, [you] could have...
Global Cyber Reinsurance Rates Soar by as Much as 40% During July Renewals: Willis Re
Jul 19 2021 // Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said this month, as ransomware attacks increase in number and severity. A ransomware attack on Colonial...
Cyber Risks No Longer Science-Fiction for Libraries
Jul 19 2021 // When the pandemic forced nearly all libraries in the U.S. to close for more than half of 2020, these long-time community institutions took the opportunity to adapt all or most of their programming to a digital format and...
Tulsa, Oklahoma: Network Hack Gained Some Social Security Numbers
Jul 16 2021 // Hackers gained access to the Social Security numbers of more than two dozen people during a ransomware attack that forced the city of Tulsa to shut down parts of its computer network for months, officials said. The hackers...
Kentucky To Rebid Unemployment Insurance System Amidst Cybersecurity Concerns
Jul 16 2021 // Concerns about cybersecurity have led the state of Kentucky to extend its search for a company to modernize its pandemic-stressed unemployment insurance system, Gov. Andy Beshear’s administration said Wednesday. The...
Wisconsin’s Insurance Cybersecurity Measures Signed into Law
Jul 16 2021 // Wisconsin’s governor has signed into law legislation creating new cybersecurity requirements for protecting data collected by the insurance industry. Governor Tony Evers signed Act 73, which is based on model...
People Moves: Aon’s EMEA Promotions; Lockton Re Hires Charit from Aon; Miller Names Hobbs as Head of Cyber
Jul 16 2021 // This edition of International People Moves covers appointments at three re/insurance brokers: Aon, Lockton Re and Miller. A summary of these new hires follows here. Insurance broker Aon plc has announced several promotions...
U.S. Launches ‘Stop Ransomware’ Website; Offers Reward Up to $10M
Jul 16 2021 // The State Department will offer rewards up to $10 million for information leading to the identification of anyone engaged in foreign state-sanctioned malicious cyber activity against critical U.S. infrastructure —...
Coalition Enters Canadian Excess Cyber Insurance Market
Jul 15 2021 // Coalition, the San Francisco-based cyber insurance and security company, announced it will enter the excess cyber insurance market in Canada to help protect businesses with enhanced coverage. With the coverage, Coalition...
What Insurers Should Know as Ransomware Takes Center Stage
Jul 14 2021 // Cyber criminals aren’t just stealing passwords and data. They’re stealing the spotlight. Amid the ongoing COVID-19 pandemic that has been a global focus since government shutdowns began in March of last year,...
Ransomware Gang REvil’s Websites Vanish; Reason Unknown
Jul 14 2021 // Websites run by the ransomware gang REvil suddenly became unreachable on Tuesday, sparking widespread speculation that the group had been knocked offline. The Russia-linked cybercrime ring has collected tens of millions of...
Remote Working Causes Cyber Attacks to Skyrocket, Says Financial Stability Board
Jul 13 2021 // Financial firms may need to bolster their defenses in the face of rocketing cyber attacks after employees began working from home, the Financial Stability Board (FSB) said on Tuesday. The FSB, which coordinates financial...
