Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
States Must Include Cybersecurity in Water System Audits, EPA Says
Mar 6 2023 // The Environmental Protection Agency issued a memorandum on Friday requiring states to analyze cyber defenses at public water systems during periodic audits. The audits, called sanitary surveys, are already required by the...
Fraudulent Instruction, Data Theft Trends to Continue in 2023: Beazley Cyber Services Snapshot
Mar 6 2023 // Incidents of fraudulent instruction scams were up 13% in 2022, according to specialist insurer Beazley’s new Cyber Services Snapshot report. Under fraudulent instruction scams, criminals use hacking and phishing...
Spying, AI and Hacking, Oh My… 7 Agent Technology Trends to Watch in 2023
Mar 6 2023 // Technology is a double-edged sword that can drive fear as much as excitement for the future. Game-changing tech, though, allows us to make our imaginations a reality. Let’s take a spin down Future Lane to see what...
From Cyber to Lease Protection, Many Small Businesses and Agencies Are Woefully Unprepared
Mar 6 2023 // Lisa Parry Becker, vice president of an independent insurance agency in Langhorne, Pennsylvania, recounted a computer hacking incident a longtime client suffered recently. It sounds almost like a thriller novel, with a...
U.S. Marshals Computer System Hit by Ransomware Attack
Mar 3 2023 // In a major breach of a U.S. Marshals Service computer system this month with ransomware, hackers stole sensitive and personally identifiable data about agency employees and targets of investigations, an agency spokesman...
London Cyber Decoys Attacked 91 Million Times in January by Over 101,000 Hackers
Mar 3 2023 // Computers specially configured to make cyber criminals think they were small businesses operating in London were attacked by hackers over 2,000 times every minute this January. The computers – called...
PLUS Panelists Warn Insurers Not to Get Comfortable Riding the Cyber Rollercoaster
Mar 3 2023 // Jeremy Gittler, practice leader and head of Cyber Americas at AXA XL, thinks of the cyber insurance industry as a rollercoaster. He says that after several years of turbulence with the advent of more sophisticated...
White House Releases New National Cybersecurity Strategy
Mar 2 2023 // The White House announced a new national cybersecurity strategy meant to make the digital ecosystem more resilient, including a more aggressive stance against malicious cyber actors and shifting responsibility to...
People Moves: Ashley Promoted to Division President of Chubb Tempest Re Int’l; Argenta Taps TMK’s Groves as Head of Cyber; Mosaic Hires Chief People Officer
Mar 2 2023 // This edition of International People Moves details appointments at Chubb Tempest Re, Argenta Syndicate Management Ltd., and Mosaic Insurance. A summary of these new hires follows here. Ashley Promoted to Division President...
China Eases Deadline Pressure for Multinationals’ Compliance With Data Security Rules
Mar 2 2023 // Chinese regulators have eased some deadline pressure on multinational companies struggling to comply with new rules requiring them to seek approval to export user data, according to lawyers advising clients on the...
Experts Urge Empathy, Thoughtfulness for Insurers in Challenging Cyber Landscape
Mar 1 2023 // Powered by InsuranceJournal.tv While the continuously evolving cyber threat landscape is a growing problem for insurers, experts on this episode of The Insuring Cyber Podcast say it’s not an insurmountable one, and...
Cyberattack on Boston Labor Union Results in $6.4M Loss
Mar 1 2023 // A cyberattack on a Boston-based labor union’s health fund resulted in the loss of $6.4 million, but it does not appear that the personal information of members was stolen or compromised, union officials said. Federal...
Cyber Official Urges Microsoft, Twitter to Boost Security
Feb 28 2023 // A senior US cybersecurity official described adoption of some of Microsoft Corp. and Twitter Inc.’s security protocols as “disappointing” as part of a broadside against large technology companies’...
Insurer Startup Trium Cyber Finds Path to Profits, With Large Business Focus
Feb 28 2023 // This profile of Trium Cyber is the inaugural article in a regular series of Company Spotlights, published by Insurance Journal, which cover the insurance industry’s startups and innovators. Trium Cyber is the...
Cyber Insurance Market Back From Brink After Onslaught of Ransomware Attacks
Feb 27 2023 // The cyber-insurance market, battered by a rash of pandemic-era ransomware attacks, is making a comeback. Price hikes are moderating, new carriers and fresh sources of capital are emerging, and companies can better afford...
Update: Top EU Bodies Ban TikTok on Staff Phones, Citing Need to Hike Cybersecurity
Feb 23 2023 // The European Union’s two biggest policy-making institutions have banned TikTok from staff phones for cybersecurity reasons, marking growing concerns about the Chinese short video-sharing app and its users’...
China Urges State-Owned Firms to Drop Big 4 Auditors Over Data Security Concerns
Feb 23 2023 // Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms, signaling continued concerns about data security even after Beijing reached a landmark deal to allow US...
Ohio’s DNA Diagnostics Settles $200K Fine Over Data Breach
Feb 17 2023 // Ohio and Pennsylvania have negotiated agreements with DNA Diagnostics Center – a Fairfield, Ohio, company that provides paternity and other DNA testing – over a 2021 data breach that compromised the personal...
Markets/Coverages: CFC Launches Policy Encryption for Cyber Cover in Industry First
Feb 17 2023 // CFC Underwriting, the specialist managing general agent, announced it is introducing policy encryption for its cyber insurance policies – and is the first provider in the industry to do so. Leveraging its mobile app for...
People Moves: MGA Rokstone Names Heaton From Nexus as Head of D&O; RSA Hires CNA Hardy’s Westwood for Cyber Underwriting Team
Feb 16 2023 // This edition of International People Moves details appointments at the UK-based MGA Rokstone and RSA Insurance. A summary of these new hires follows here. MGA Rokstone Names Heaton as Head of D&O Rokstone, the...
