Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Cowbell Cyber Adds Social Engineering Coverage, Opens Platform to Non-Insureds
Apr 20 2020 // Cowbell Cyber, a startup insurtech using artificial intelligence (AI)-powered cyber insurance for small to mid-sized businesses (SMBs), has added social engineering coverage to its Cowbell Prime 100 cyber insurance...
As Cyber Risks Grow, So Does the Need for Small Business Coverage
Apr 20 2020 // With cyberattacks on the rise and many small businesses unaware of the dangers, independent insurance agents are in a good position to educate clients about their risks, recommend preventative measures, and provide...
Hacking Attacks Against Corporations Double as Employees Work From Home
Apr 17 2020 // Hacking activity against corporations in the United States and other countries more than doubled by some measures last month as digital thieves took advantage of security weakened by pandemic work-from-home policies,...
FBI Says Foreign Government Hackers Target Coronavirus Treatment Research
Apr 17 2020 // A senior FBI cybersecurity official said on Thursday that foreign government hackers have broken into institutions conducting research into treatments for COVID-19, the sometimes fatal respiratory illness caused by the new...
As Attacks Rise, Paladin Offers Cybersecurity Platform Free to Insurance Agencies
Apr 17 2020 // Paladin Cyber is offering independent agents and brokers throughout the U.S. free one-year enrollment in its Paladin Shield cybersecurity platform. The offer is in response to more employees working at home and a sharp...
Beazley Appoints Greenwood as Head of Cyber & Executive Risk, Succeeding Donovan
Apr 16 2020 // Specialist insurer Beazley has appointed Bethany Greenwood as global head of cyber & executive risk (CyEx) from July 2020. She will join Beazley’s executive committee at the same time. Greenwood joined Beazley...
Preventing Losses Due to Growing Cyber Crime During the Coronavirus Crisis
Apr 15 2020 // Powered by InsuranceJournal.tv The insurance industry needs to spend time educating clients on how to best protect themselves as cyber criminals continue to capitalize on new vulnerabilities in the wake of the COVID-19...
Cyber Criminals Increasingly Will Target Top Executives in Ransomware Attacks: Report
Apr 14 2020 // Senior executives increasingly will be targeted by cyber criminals looking for ways to steal money from large corporations, according to a report from cyber analytics provider CyberCube. Organized criminals and hackers are...
Cybersecurity Expert Tells Industry to ‘Better Prepare’ Clients for Evolving Ransomware Attacks
Apr 6 2020 // The insurance industry has been working to educate policyholders about the cyber risks their businesses face for many years, but the increasing frequency of ransomware attacks on businesses and municipalities is elevating...
Ransomware Attacks, Funds Demanded Soared in 2019: Beazley
Apr 6 2020 // The number of ransomware attack notifications against insurance clients increased by 131% in 2019 and the funds demanded by the attackers surged along with the counts. A new report from specialty insurer Beazley’s...
Cyber Insurance Sales to U.S. Businesses Picking Up: Marsh
Apr 6 2020 // The share of businesses buying cyber insurance continued to increase in 2019, driven by growing recognition of cyber threats as a critical business risk, says a new report. Marsh’s 2019 Cyber Insurance Purchasing...
Evolution of Ransomware Pushes Companies to Examine Their Business Interruption Coverage
Apr 6 2020 // As cyber crime continues to evolve, ransomware attacks in particular have ramped up and are leading more companies to recognize their need for the right business interruption coverage, explained panelists at the...
How Agents Can Help Small Business Clients Navigate Cyber
Apr 6 2020 // More small businesses may be purchasing cyber insurance today as compared to a few years ago, but agents still have work to do to help clients understand their unique risks and ensure they have the right...
5 Tips to Help Small Business Clients Assess & Manage Cyber Risks
Apr 6 2020 // Agents and brokers looking to expand their relationships with small and mid-sized businesses might try ramping up efforts to help them understand and manage enterprise threats, such as cyber exposures. While hacking...
Health-Care Providers See Surge in Ransomware Attacks in Europe, U.S.
Apr 3 2020 // When hackers broke into computers at Hammersmith Medicines Research, a London-based company that carries out clinical trials for new medicines, it was a nightmare scenario for managing director Malcolm Boyce. The...
Skarzynski Marick Announces New Attorneys and Expansion of Cyber Practice
Apr 2 2020 // New York, NY, April 2, 2020 – Skarzynski Marick & Black LLP continues to grow and is excited to announce the addition of partners Samantha Riley, Jessica Cavallo and Suzanne Whitehead; the promotion of Rebecca...
What Florida Agents Need to Know During Coronavirus Crisis
Apr 1 2020 // Watch the Full Interview Powered by InsuranceJournal.tv Florida is a catastrophe-prone state when it comes to weather, but the challenges that come from a non weather-catastrophe like the current COVID-19 pandemic bring...
Marriott Reports Data Breach Affecting 5.2 Million Hotel Guests
Mar 31 2020 // Marriott International Inc. said on Tuesday information of about 5.2 million hotel guests was breached, the second such incident for the hotel operator in less than two years. It said the breached information, including...
Chubb Investigating Possible Cyber Attack; Says Network Unaffected
Mar 27 2020 // Chubb confirmed that is looking into a possible hack attack, though a spokesperson said the insurance giant’s network appears at this point to be unaffected. “We are currently investigating a computer security...
Cyber Insurance Sales to U.S. Businesses Picking Up: Marsh
Mar 26 2020 // The share of businesses buying cyber insurance continued to increase in 2019, driven by growing recognition of cyber threats as a critical business risk, says a new report. Marsh’s 2019 Cyber Insurance Purchasing...
