Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
U.S. Prosecutors Charge 7 in Alleged Multi-Target Chinese Hacking Scheme
Sep 17 2020 // The U.S. Justice Department said on Wednesday it has charged five Chinese residents and two Malaysian businessmen in a wide-ranging hacking effort that encompassed targets from video games to pro-democracy...
Businesses Need to Rethink Cyber Risks for Work-from-Home Employees
Sep 17 2020 // When worldwide lockdowns were imposed almost overnight in March, most employees thought they were leaving their desks behind for just a few weeks. Very few employers and employees would have predicted that six months later...
Alliant Insurance Services Hires Cyber Risk Specialist Loftus in New York
Sep 16 2020 // Alliant Insurance Services has named cyber risk and insurance specialist John Loftus to work alongside Robert Horn in running Alliant’s cyber initiatives. Loftus is based in New York and maintains a network of...
Dunkin’ Donuts Parent Settles New York Cyber Attack Lawsuit, Agrees to Pay Fine
Sep 16 2020 // The parent of Dunkin’ Donuts on Tuesday agreed to upgrade its security protocols and pay $650,000 in fines and costs to settle a lawsuit by New York’s attorney general claiming it ignored cyber attacks that...
Coronavirus Pandemic Will Have Severe Impact on Social Inflation: Fitch’s Mazzuoli
Sep 15 2020 // Claims inflation for the commercial liability business will increase through 2020, although it was accelerating even before the coronavirus pandemic hit. This trend, known as social inflation, has led the insurance...
Data About 200K Nevada University Alumni, Donors May Have Been Stolen
Sep 14 2020 // University of Nevada, Reno alumni and donors may have had their information stolen in a data breach that occurred in May, university officials said. The school was told of the breach on July 16 by Blackbaud, a third-party...
Start of School in Hartford Delayed by Ransomware Attack
Sep 11 2020 // One the worst cyberattacks yet against Connecticut’s capital city forced officials to postpone the first day of school Tuesday, disrupting the day for thousands of families as city computer experts rushed to restore...
New Ransomware Strains Being Unleashed on Businesses During Pandemic
Sep 11 2020 // Ransomware attacks grew by nearly 50 percent in the 2020 second quarter compared to the first three months of the year, underscoring the risks created by pandemic-related work-from-home requirements, a new Coalition report...
North Carolina Hospital System Investigating Cyberattack Against Software Vendor
Sep 10 2020 // A cyberattack against an international software company includes a database breach which may have compromised personal information, a North Carolina hospital system said. Atrium Health posted a notice of the attack on its...
Insurance Agencies Get No Break When It Comes to Cyber Liability
Sep 10 2020 // As this trying year drags on, insurance agents might be tempted to take a quick breather. From a cyber liability perspective, however, the pressure on agents is ramping up over the rest of the year. Here’s why. In...
China Counters U.S. ‘Clean Network’ With Own Global Data Security Initiative
Sep 10 2020 // China has launched an initiative to address global data security issues, a countermove to the U.S. “clean network” program that is aimed at discouraging other countries from using Chinese technology. Foreign...
Alabama Warns of Increase in Cybercrime During Pandemic
Sep 8 2020 // State securities officials say cybercrime including email attacks are on the rise during the pandemic, and they’re warning people to be careful online. A statement from the Alabama Securities Commission says social...
Computer Breach at Oregon University Exposes Personal Info of 1,700
Sep 8 2020 // The personal information of some Oregon State University students and faculty members may have been compromised during a computer security breach, officials said. A hacker accessed a computer server for the...
Cyber Attacks Are Seen Pushing Up Risk Premiums for Stocks
Sep 4 2020 // U.S. equity investors are demanding higher risk premiums to compensate for rising cyber threats as the coronavirus pandemic pushes more businesses to move online. That’s according to researchers at Michigan State...
North Korean Hackers Targeting Banks Around the Globe
Sep 1 2020 // North Korean hackers are tapping into banks around the globe to make fraudulent money transfers and cause ATMs to spit out cash, the U.S. government warned on Wednesday. A technical cybersecurity alert jointly written by...
New Zealand’s Stock Exchange Resumes Trading After Cyber Attacks
Aug 28 2020 // New Zealand’s stock exchange resumed trading on Friday, after facing disruptions for four consecutive days in the wake of cyber attacks this week, while the government said national security systems had been...
FBI Thwarts Cyber Attack on Tesla Factory
Aug 28 2020 // Elon Musk said on Thursday that Tesla Inc.’s factory in Nevada was a target of a “serious” cybersecurity attack, confirming a media report that claimed an employee of the company helped the Federal Bureau...
UK Broker Ed Hires Paragon’s Head as Professional, Cyber Lines Producer
Aug 27 2020 // London-based brokerage Ed announced the appointment of John Head as a broker and producer. Head will support the growth of the professional and executive risk portfolio, a key area of focus and development for Ed, and also...
Where ‘DeFi’ Crypto Users See Sure Bets During COVID, Critics See Unregulated Risks
Aug 27 2020 // It sounds like a surefire bet. You lend money to a borrower who puts up collateral that exceeds the size of the loan, and then you earn interest of about 20%. What could possibly go wrong? That’s the proposition...
Taiwan Claims Alibaba-Linked Site Is Cyber Security Risk
Aug 25 2020 // Taiwan declared an e-commerce platform linked to China’s Alibaba Group a potential security risk and has told its operator to register as a company from the rival mainland or dispose of its ownership stake. The order...
