Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Cyber Threats Still No. 1 Business Concern: 2022 Travelers Risk Index
Sep 27 2022 // Cyber threats were the top concern for business decision-makers for the third time in four years, according to the 2022 Travelers Risk Index. Cyber threats were chosen as a top concern by 59% of respondents, followed by...
Small Businesses Underestimate Recovery Time, Cost of Cyberattack
Sep 26 2022 // Nationwide Agency Forward survey showed 40% of small business owners surveyed expect a cyberattack to cost less than $1,000 and another 60% think it would take less than three months to fully recover. However, Nationwide...
Australia Plans to Toughen Privacy Rules After Massive Cyber Attack on Optus
Sep 26 2022 // Australia plans to toughen privacy rules to force companies to notify banks faster when they experience cyber attacks, Prime Minister Anthony Albanese said on Monday, after hackers targeted the country’s...
Markets/Coverages: Marsh Clients Can Pay Fees With Carbon Credits; Cowbell Debuts Adaptive Cyber, Launches Cowbell Specialty
Sep 23 2022 // Marsh announced that U.S. clients now have the option to pay their Marsh service fees in voluntary carbon offset credits and renewable energy certificates (RECs). The move – believed to be a first-of-its-kind in the...
Thieves Key on Hack That Leaves Hyundai, Kia Cars Vulnerable
Sep 23 2022 // Some Hyundai and Kia cars and SUVs are missing a “key” anti-theft device, and thieves know. An insurance industry group says these cars are stolen at nearly twice the rate of the rest of the auto industry...
Telecoms Firm Optus Warns Cyber Attack May Have Exposed Australian Clients’ Details
Sep 23 2022 // Optus, the Australian unit of telecoms firm Singapore Telecommunications, said it was investigating the unauthorized access of customer details including home addresses, driver’s license and passport numbers, after a...
American Airlines Says Data Breach Affected Some Customers, Employees
Sep 21 2022 // American Airlines Inc. on Tuesday confirmed a data breach and said while an “unauthorized actor” gained access to personal information of a small number of customers and employees through a phishing campaign,...
American Airlines Says Hackers Accessed Some Data on Customers
Sep 21 2022 // American Airlines says personal information of a “very small number” of customers and employees was compromised after hackers breached some employee email accounts. The airline said Tuesday that it has...
3 Iranian Citizens Charged in Broad Hacking Campaign in US
Sep 16 2022 // The Justice Department said Wednesday that three Iranian citizens have been charged in the United States with ransomware attacks that targeted power companies, local governments and small businesses and nonprofits,...
EU Proposes Rules Targeting Cybersecurity Risks of Smart Devices
Sep 16 2022 // From laptops to fridges to mobile apps, smart devices connected to the internet will have to be assessed for their cybersecurity risks under draft European Union rules announced on Thursday, amid concerns about a spate of...
Cyber-Defense Agency Urges Companies to Automate Threat Testing
Sep 16 2022 // The US government’s cyber defense agency is recommending for the first time that companies embrace automated continuous testing to protect against longstanding online threats. The guidance, from a cluster of US and...
Phishing Triggers Majority of Cyber Claims in 2022 First Half: Coalition
Sep 14 2022 // Claims are down among Coalition policyholders in the first half of 2022, but small businesses became bigger targets and an organization’s employees remain the easiest was for cyber criminals to infiltrate and pull...
Lloyd’s Gives Green Light to Asta-Managed Trium Cyber Syndicate 1322
Sep 14 2022 // Asta, the third-party managing agent at Lloyd’s, announced that Trium Cyber, a new risk carrier backed by Jim Stanard’s Pelican Ventures, has received “in principle” approval from...
Deeper Roots: How the Latino Community Is Strengthening the Cyber Insurance Workforce
Sep 14 2022 // Powered by InsuranceJournal.tv The root level is the highest permission level of access to a computer system, and most cybersecurity professionals work hard to ensure criminals don’t gain root access to a...
Montenegro Wrestles With Massive Cyberattack, Russia Blamed
Sep 14 2022 // At the government headquarters in NATO-member Montenegro, the computers are unplugged, the internet is switched off and the state’s main websites are down. The blackout comes amid a massive cyberattack against the...
Google Completes $5.4M Buy of Cybersecurity Firm Mandiant
Sep 12 2022 // Google today said it has completed its acquisition of Mandiant, Inc. Mandiant will join Google Cloud and retain the Mandiant brand, Google said. Alphabet’s Google said the acquisition will allow Google Cloud and...
People Moves: Everest Re Taps Nationwide’s Rudow as Head of Cyber Reinsurance; BMS Re Names McDowell as Bermuda CEO, Binetti as Head of Casualty Treaty
Sep 12 2022 // This edition of International People Moves details appointments at Everest Reinsurance and BMS Re. A summary of these new hires follows here. Everest Re Taps Nationwide’s Rudow as Global Head of Cyber...
Web-Connected Devices May Have to Meet New EU Cybersecurity Rules
Sep 8 2022 // Providers of internet-connected technology – from Apple iPhone software to baby monitors – will have to meet new cybersecurity requirements in the European Union or face fines and possibly have the product taken off...
People Moves: 2 Middle Market Industry Leaders at Zurich; Tadmoury Head of Global Middle Market at AFM; New EVP, Cyber Team Expands at Gallagher Re
Sep 8 2022 // Zurich North America names new U.S. Middle Market industry practice leaders Zurich North America has named two new industry practice leaders to its U.S. Middle Market team. Erin Terpack was appointed head of technology and...
Markets/Coverages: AXIS Cyber and Liability Policy for SMBs; Moody’s ESG Underwriting Solution; CyberCube, AkinovA Partner on Cyber Analysis
Sep 8 2022 // AXIS Launches Streamlined Cyber and Liability Policy for Small and Mid-Sized Businesses AXIS Capital Holdings Limited said it launched an insurance policy that offers custom-built cyber and specialist liability coverage...
