Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
University of Colorado Reports Cyberattack on System
Feb 17 2021 // The University of Colorado has reported a cyberattack on its software that likely exposed employee, student, health and research records, officials said. University President Mark Kennedy informed the campus communities...
New Year, New Threats? Cyber Pros Say Attacks Will Continue to Increase in 2021
Feb 16 2021 // Powered by InsuranceJournal.tv Although a new year is underway, many cyber professionals are saying the threat environment will only continue to ramp up in 2021. Cyber attacks are ranked as the fastest growing crime in the...
Microsoft Exec Calls SolarWinds Hack ‘Largest, Most Sophisticated Attack’ Ever
Feb 16 2021 // A hacking campaign that used a U.S. tech company as a springboard to compromise a raft of U.S. government agencies is “the largest and most sophisticated attack the world has ever seen,” Microsoft Corp....
Baltimore County School Board to Address Ransomware Attack
Feb 12 2021 // The Baltimore County Board of Education has approved more than $1.7 million in contracts for services that were necessary after a ransomware attack on school systems in November. Administrators told board members that they...
Florida Cyber Attack Raises Alarm Over Security of Water Treatment Plants
Feb 11 2021 // A hacker’s botched attempt to poison the water supply of a small Florida city is raising alarms about just how vulnerable the nation’s water systems may be to attacks by more sophisticated intruders. Treatment...
McGowan Joins Resilience from Beazley as VP, Cyber Underwriter in Chicago
Feb 10 2021 // Resilience, which provides insurance coverage and patented cybersecurity tools to protect mid-market companies, has added Kevin McGowan as vice president in its cyber underwriting unit. McGowan joins Resilience from...
Federal Judge Sides with Chubb in Denial of Target’s Data Breach Bank Claims
Feb 10 2021 // Target Corp. has been denied its $138 million insurance claim against ACE (now Chubb) Insurance companies stemming from a 2013 data breach. A federal judge in Minnesota ruled the retailer had failed to prove that its...
Polish Game Maker CD Projek Hit by Cyber Attack
Feb 9 2021 // A cyber attack on Polish video games maker CD Projekt will slow fixes to its flagship Cyberpunk 2077 game and other development work, the company said on Tuesday. CD Projekt said on Twitter the attack compromised some of...
N. Zealand Stock Exchange Cyber Attack also Targeted Insurers, Banks, Financial Firms
Feb 9 2021 // More than 100 banks, exchanges, insurers and other financial firms worldwide were targets of the same type of cyber attack that crippled the New Zealand Stock Exchange in August, though they didn’t suffer the same...
New Cowbell Cyber Partner Program Connects Insureds with Risk Management Services
Feb 9 2021 // Cowbell Cyber, an AI-powered cyber insurance provider for small to mid-sized businesses (SMBs), has launched Cowbell Connect, its partner program which offers policyholders with risk management services to address and...
Researchers Say Machine Learning Boosts Defense Against Multi-Stage Cyber Attacks
Feb 8 2021 // A machine learning algorithm may give organizations a powerful and cost-effective tool for defending against attacks on vulnerable computer networks and cyber-infrastructure, often called zero-day attacks, according to...
Pandemic-Related Business Interruption, Cyber Top Business Risks for 2021: Allianz
Feb 8 2021 // There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according to global leaders in business, risk management and insurance. A trio of Covid-19 related risks...
Surfacing Emerging Risks From Covid, Cyber, Civil Unrest, Mergers, and More…
Feb 8 2021 // Insurance Journal examined industries experiencing changes and challenges due to the COVID-19 pandemic, societal unrest and other market forces experienced in 2020. Here are 10 industry sectors that could see new and...
How a 2020 Cyber Attack Brought the New Zealand Stock Exchange to Its Knees
Feb 5 2021 // The website of the New Zealand Stock Exchange slowed to a crawl on a Tuesday afternoon in August. It was so badly throttled that the exchange couldn’t post market announcements, as required by financial regulators....
New York Regulator Issues Guidance for Insurers Writing Cyber Policies in the State
Feb 4 2021 // The New York State Department of Financial Services (DFS) has issued new guidance spelling out best practices for New York-regulated property/casualty insurers that write cyber insurance. This serves as the first guidance...
RMS Updates Cyber Application Offerings, Targets ‘Silent’ Cyber Risks
Feb 4 2021 // Catastrophe modeler RMS has made updates to its cyber offerings to target emerging cyber risks. Among the updates is the new Cyber Solutions Version 5.0 application that allows users to price and select cyber risks without...
Making Waves: How New York Became a Leader in State Cyber Regulation
Feb 2 2021 // New York State Department of Financial Services (DFS) Superintendent Linda Lacewell spoke with Elizabeth Blosfield during the most recent episode of the Insuring Cyber Podcast about how she has always seen New York as a...
Revenue-Seeking Cyber Criminals Increasingly Target Businesses Over Individuals
Feb 2 2021 // Cyber criminals shifted away from stealing individual consumers’ information in 2020 to focus on bigger, more profitable attacks on businesses, according to a report from the Identity Theft Resource Center. The...
What Your Clients Need to Know About Cyber Risks
Feb 1 2021 // This post is part of a series sponsored by Hanover Insurance Group Inc. Most businesses recognize a cyberattack can have a potentially devastating effect on their operations. These same businesses have purchased insurance...
SolarWinds Attackers Focused on Cyber and Tech Firms
Jan 29 2021 // Whether it was opportunity, strategy or sheer chutzpah, the suspected Russian hackers behind a massive cyber-attack revealed last month focused particular attention on technology companies, including cyber-security firms...
