Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Texas Uber Drivers Victimized by Data Breach Receive $4.2M
Oct 26 2022 // Texas Attorney General Ken Paxton announced that his office has completed its distribution of $4.2 million in redress payments to approximately 42,000 Texans whose personal information was compromised in a 2016 data breach...
Building the Workforce of Tomorrow with K-12 Cybersecurity Education
Oct 26 2022 // Powered by InsuranceJournal.tv Cybersecurity is becoming more important in an increasingly digital world, and experts agree that good cybersecurity starts with a good education. As the use of technology and tech platforms...
U.S. Official Sees More Aggressive Cybersecurity Threats From Russia, China etc.
Oct 25 2022 // Secretary of Homeland Security Alejandro Mayorkas said the US has observed growing cybersecurity threats both at home and throughout Asia, and is warning against activity coming from Russia, China, North Korea and...
Business Leaders Overconfident About Cyber Threats: Beazley
Oct 21 2022 // Cyber remains a top concern, but business leaders may be overconfident about their resilience against the threat, according to new research from Beazley. Cyber was chosen as the No. 1 technology risk for 28% of UK and U.S....
‘Financial Hacking’ Plagues DeFi in Latest Setback for Crypto
Oct 20 2022 // Decentralized finance, the once red-hot slice of the crypto universe that was at the center of this year’s collapse of the digital-asset world, is facing a rapidly increasing new challenge: financial hacking. After...
Cybersecurity Firm OutThink Raises $10M to Tackle Human Errors Behind Data Breaches
Oct 20 2022 // London-based cybersecurity company OutThink has raised $10 million in early-stage investments backed by venture capital firm AlbionVC, it said on Tuesday, as it looks to help organizations identify human behavior that can...
Australia’s No. 1 Health Insurer Confirms Massive Data Breach, Theft of Patient Details
Oct 20 2022 // Australia’s biggest health insurer said on Thursday a criminal had apparently stolen customers’ medical information as part of a massive breach of data, fueling concern about a wave of high-profile cyber...
Hackers Targeting Tech Supply Chains Spur Security Startup Boom
Oct 19 2022 // Cyberattacks on the digital supply chain have become increasingly common, as hackers seek out weak links among makers of computer code and equipment to breach organizations that depend on the technologies. In 2020, for...
New York’s $4.5M Cybersecurity Settlement with EyeMed Bars Insurance Recovery
Oct 19 2022 // Health insurance company EyeMed Vision Care LLC will pay a $4.5 million penalty to New York State for violations of the state’s cybersecurity regulation that officials said exposed hundreds of thousands of...
People Moves: Lockton Re Taps CyberCube’s Brew for London Cyber Practice; Howden Hires Tysers Godfrey for Equine Division; Carpenter’s Delegated Authority Unit Hires 3
Oct 19 2022 // This edition of International People Moves details appointments at three brokers: Lockton Re’s Cyber Practice, Howden’s Equine division and Guy Carpenter’s delegated authority unit. A summary of these new...
Australian Insurer Medibank Says Hackers Claim to Have Stolen Customer Data
Oct 19 2022 // Australia’s Medibank Private Ltd. said on Wednesday an unnamed hacker group had contacted it negotiate about customer data it claimed to have retrieved from the health insurer’s IT systems. The news comes six...
People Moves: New QBE Marine Hires; Hirschorn Joins Lockton as U.S. Cyber Claims Lead
Oct 19 2022 // QBE Appoints New Marine VPs Sean Dollahon QBE International Markets is increasing its presence in the US marine insurance space and has appointed Sean Dollahon, vice president, US marine manager, and Katie McCord, vice...
New Mexico Licensing Department Subject of Cyber Attack
Oct 17 2022 // The New Mexico agency that oversees professional licenses for thousands of businesses across the state has been the target of a cyber attack. Officials said there was evidence of unauthorized access of the Regulation and...
Cyber, Again
Oct 17 2022 // Cyber remains the top concern in the technology risk category, with 28% of UK and U.S. respondents listing the issue as their number one risk in 2022, according to a recent survey by Beazley. But the insurer notes that...
Cyber Threats Still No. 1 Business Concern: 2022 Travelers Risk Index
Oct 17 2022 // Cyber threats are the top concern for business decision-makers for the third time in four years, according to the 2022 Travelers Risk Index. Cyber threats were a top concern by 59% for respondents, followed by broad...
Broker Marsh Says it Has Optimism for Continued Cyber Market Stabilization
Oct 14 2022 // In its latest update of the cyber market, broker Marsh said there are signs of improvement, with average rate increases continuing a trend of stead decline. Marsh said rate increases for cyber insurance have decelerated...
Cyber MGA Coalition and BDT Capital Partners Launch Bermuda Reinsurer Ferian Re
Oct 13 2022 // Coalition, the San Francisco-based cyber insurer and cyber-security firm, announced the formation of Ferian Re, an independent Bermuda-based Class 3B reinsurer that will provide capacity across Coalition’s cyber...
U.S. to Issue New Cybersecurity Requirements for Critical Aviation Systems
Oct 13 2022 // A U.S. transportation security agency said Wednesday it plans to issue new cybersecurity requirements for some key aviation systems after several U.S. airport websites earlier this week were hit with apparently coordinated...
Australian Health Insurer Medibank Reports Cyber Incident
Oct 13 2022 // Australian health insurer Medibank Private said on Thursday it will isolate and remove access to some customer-facing systems as it detected unusual activity on its network. The company said it took “immediate steps...
US Airport Websites Knocked Offline by Pro-Russia Hackers
Oct 12 2022 // A pro-Russian hacktivist group is claiming credit for a series of disruptions that temporarily knocked the websites of some US airports offline. The group, called Killnet, has engaged in a series of cyberattacks in recent...
