Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
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...
FBI Investigating South Dakota COVID-19 Data Breach Linked to Netsential
Aug 24 2020 // The FBI is investigating a data breach that may have compromised the identity of people with the COVID-19 virus in South Dakota. Paul Niedringhaus, who directs the South Dakota Fusion Center that handles emergency calls,...
U.S. Charges Uber’s Ex-Security Chief With Deliberately Concealing 2016 Hacking
Aug 21 2020 // In an unprecedented case, a former chief security officer for Uber Technologies was criminally charged on Thursday with trying to cover up a 2016 hacking that exposed personal information of about 57 million of the...
Pandemic-Afflicted Cruise Operator Carnival Hit by Ransomware
Aug 18 2020 // Cruise operator Carnival Corp. said on Monday it launched an investigation into a ransomware attack on one of its brand’s information technology systems. Carnival, which operates AIDA, Carnival and Princess cruises...
Coalition Expands Admitted Cyber Insurance Offering into Florida
Aug 17 2020 // Coalition, an online cyber insurance and security company, has expanded its admitted cyber insurance offering into Florida following approval from the Florida Office of Insurance Regulation. Businesses and organizations...
Cable Appointed Chief of New Data Privacy and Security Division in Mass. AG’s Office
Aug 14 2020 // Massachusetts Attorney General Maura Healey has announced the creation of the Data Privacy and Security Division within her office to protect consumers from threats to the privacy and security of their data. Healey has...
Sterling New Age Cyber, Elpha Secure Launch ES-1000 Cybersecurity Package
Aug 13 2020 // Cybersecurity insurance company Elpha Secure and partner Sterling New Age Cyber have introduced ES-1000, a service bundle package that focuses on mitigating risk and cyber threat to clients through cyber software,...
Cyber Lessons for the Insurance Industry Continue Three Years After NotPetya
Aug 12 2020 // This summer marks three years since the NotPetya malware attack, which has been called the most devastating cyber attack in history. While cyber experts say cybersecurity and prevention strategies have since evolved in...
Is Crisis the New Normal? 5 Steps to Consider When Crisis Planning in the Post-COVID World
Aug 10 2020 // Is crisis the “new normal?” We have always seen our fair share of catastrophic events and crises. But, in recent years those events seem to be increasing in frequency and severity. We are seeing more...
Capital One Will Pay $80 Million Fine for Data Breach During Cloud Transfer
Aug 7 2020 // Capital One Financial Corp will pay an $80 million penalty to a U.S. bank regulator after the bank suffered a massive data breach one year ago. The fine, announced Thursday by the Office of the Comptroller of the Currency,...
Australia to Spend $1.2B to Beef Up Private Sector’s Cyber Defenses After Rise in Attacks
Aug 7 2020 // Australia will spend A$1.66 billion ($1.19 billion) over the next 10 years to strengthen the cyber defenses of companies and households after a rise in cyber attacks, Prime Minister Scott Morrison said on Thursday. Cyber...
Beazley Builds in Midwest with 4 Cyber and Executive Risk Underwriters
Aug 7 2020 // Specialist insurer Beazley has appointed four new underwriters within its Chicago, Ill.-based cyber and executive risk division. Jon Perry and Megan Feyereisen join as executive risk underwriters, while Brett Kreiter and...
Increasingly Popular Industrial Robots Are Vulnerable to Cyber Attacks, Report Warns
Aug 6 2020 // Industrial robots are now being used to assemble everything from airplanes to smartphones, using human-like arms to mechanically repeat the same processes over and over, thousands of times a day with nanometric...
Travelers Europe Enhances CyberRisk Product for UK and Ireland
Aug 3 2020 // Travelers Europe announced it has enhanced its cyber insurance product, Travelers CyberRisk, to provide more coverages and risk management solutions to strengthen customers’ overall cyber-security programs. The...
China-Backed Hackers ‘Targeted’ COVID-19 Vaccine Firm Moderna, Reuters Reports
Jul 31 2020 // Chinese government-linked hackers targeted biotech company Moderna Inc., a U.S.-based coronavirus vaccine research developer, this year in a bid to steal data, according to a U.S. security official tracking Chinese...
EU Begins to Tackle Cyber Warfare with Targeted Sanctions
Jul 31 2020 // Taking a firm geopolitical stand, the European Union imposed sanctions on targeted individuals and entities from Russia, China and North Korea in a sign that it was tackling cyber warfare head on. As part of the measures,...
As COVID-19 Work-From-Home Orders and Online Business Strategies are Revisited, Cyber Coverage Becomes More Important Than Ever
Jul 29 2020 // Monrovia, CA, July 29, 2020 – Plum Insurance Services has the Right Program for Wholesale Insurance Brokers. While COVID-19 continues to spread like wildfire, businesses are being forced to either extend their...
U.S. Cyber Insurers Face Changing Landscape; Top 20 Cyber Insurers
Jul 22 2020 // Cyber insurers have been enjoying a profitable run for several years but are now facing a changed risk landscape with data breaches, ransomware attacks, insurance claims and overall threat awareness increasing. In a...
First Charges Filed Under New York’s Cyber Reg Involve First American Data Leak
Jul 22 2020 // The New York State Department of Financial Services (DFS) has filed cybersecurity charges against a title insurance provider for exposing millions of documents containing consumers’ personal information. The charges...
Cyber Insurance Agency Coalition Now Offers Excess Coverage for Middle Market
Jul 22 2020 // With new surplus lines capacity backed by Lloyd’s, cyber insurance and security company Coalition is moving beyond offering primary insurance coverage and entering the excess cyber insurance market. The San...
