Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Cyber Resilience Overestimation Leads to Business Continuity Issues, Ransom Payments
Aug 22 2024 // New research commissioned by Cohesity, an AI-powered data security firm, reveals organizations overestimate their cyber resilience capabilities and maturity, leading to significant business continuity disruptions and...
Cyber Risk: West Virginia OIC Plans to Dispose of Older Workers’ Comp Files
Aug 22 2024 // The West Virginia insurance commissioner’s office has adopted a new policy: It will soon begin destroying workers’ compensation claim files that are 10 years old or older. “Given increasing cybersecurity...
US Firms Warn Against ‘Unprecedented’ Hong Kong Cyber Rules
Aug 21 2024 // US firms have warned that parts of a proposed cyber law could grant the Hong Kong government unusual access to their computer systems, highlighting the latest challenge to Western tech giants in the city. The Asia Internet...
Cyber Security and Risk Mitigation
Aug 19 2024 // Security leaders should be exercising every available option to upgrade their security posture, and cyber insurance policies could make or break the resiliency for many organizations across nearly all industries —...
UK Cyber Spies Plan AI ‘Lab’ to Counter Hostile State Threats
Aug 13 2024 // UK spies are stepping up efforts to tackle cyber and artificial intelligence threats from hostile foreign states, including the sort of online manipulation that helped foment rioting across the country in the past 10...
Swiss-Based Engineering Firm Schlatter Says IT Network Affected by Cyberattack
Aug 13 2024 // Schlatter Industries’ network was attacked with malware on Friday and it can be assumed this was a professional attack, the Switzerland-based company said on Monday. The group was hit on Friday by a cyberattack using...
Delta Rejects CrowdStrike Criticism, Sees $500 Million Hit From Cyber Outage
Aug 9 2024 // Delta Air Lines said on Thursday it is pursuing legal claims against CrowdStrike and Microsoft after a global outage last month caused mass flight cancellations, disrupting travel plans of 1.3 million customers and costing...
Survey: 78% of Ransomware Victims Paid and 74% Suffered Multiple Strikes
Aug 8 2024 // A survey of nearly 1,000 IT and security professionals shows numerous organizations were targeted by ransomware attacks in the past year with a high degree of success, with most paying a ransom—many of which paid...
People Moves: Markel Announces 2 Key Hires for International Casualty Team; Howden Re Taps Gruen From AXIS as Head of Cyber Threat Intelligence
Aug 7 2024 // This edition of International People Moves details appointments at Markel and Howden Re. A summary of these new hires follows here. Markel Appoints 2 Key Hires for International Casualty Team Markel, the insurance...
City of Columbus, Ohio Says Foreign Cyber Threat Attempted to Disrupt IT System
Aug 6 2024 // The City of Columbus said an investigation into a July 18 cybersecurity incident has found that a foreign cyber threat actor attempted to disrupt the city’s IT infrastructure, in a possible effort to deploy...
Experts Say More Collaboration Needed for Critical Infrastructure Cyber Risk
Aug 5 2024 // Insurers continue to grapple with elusive and ever changing cyber risks in the critical infrastructure sector, and Matthew McCabe, managing director for Guy Carpenter’s Cyber Center of Excellence, said he sees a...
Suspected Chinese Hackers Hit Taiwanese Research Center
Aug 2 2024 // A hacking group believed to be linked to the Chinese government stole passwords and documentsfrom a Taiwanese government-affiliated research center that specializes in computing, cybersecurity researchers at Cisco Systems...
Microsoft Azure Attack Shows Persistence of Blunt Hacking Tool
Aug 2 2024 // The recent outage on Microsoft Corp.’s cloud-computer platform demonstrated the persistence of an older, blunt-force style of cyberattack. It’s called a distributed denial-of-service attack, DDoS for short, and...
Markets/Coverages: Coalition Introduces Active Cyber Insurance in Germany
Aug 1 2024 // Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced the launch of its Active Cyber Insurance in Germany through its subsidiary, Coalition Insurance Solutions GmbH....
Verisk’s PCS Classifies CrowdStrike Incident as a Cyber Catastrophe
Jul 31 2024 // Verisk’s Property Claim Services unit confirmed reports it has designated the recent global information technology outage as a cyber catastrophe event. With the designation, PCS Global Cyber believes what has come to...
How a Small South Dakota College Became a Hub for Cyber Job Creation
Jul 31 2024 // MADISON, S.D. (AP) — A seed planted by South Dakota legislative and higher education leaders four decades ago has blossomed into one of the nation’s top high-tech universities located in a small city in the rural...
Delta Air Lines to Seek Compensation Over Cyber Outage: Report
Jul 30 2024 // Delta Air Lines has hired a law firm and will seek compensation from Microsoft and CrowdStrike over a global cyber outage earlier this month that disrupted flights around the world, CNBC reported on Monday. The...
ECB’s Cyber Security Test Shows ‘Room for Improvement’ for Banks
Jul 29 2024 // Euro zone banks have “room for improvement” in their cyber security, starting with how they would keep their business running after a hack, the European Central Bank said on Friday. The ECB’s first ever...
Hackers Leak Documents From Pentagon IT Services Provider Leidos
Jul 24 2024 // Hackers have leaked internal documents stolen from Leidos Holdings Inc., one of the largest IT services providers to the US government, according to a person familiar with the matter. Leidos recently learned of the issue...
Trigger Warning: Cyber Policy Wordings to Impact Coverage for Tech Outage
Jul 22 2024 // Industry stakeholders continue to try to get a grasp of the implications from last week’s massive technology outage affecting motley industries around the world, but the theme of policy language is reoccurring for a...
