Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
White House Warns of Hack of Microsoft’s Outlook Email Program
Mar 8 2021 // The White House on Sunday urged computer network operators to take further steps to gauge whether their systems were targeted amid a hack of Microsoft Corp.’s Outlook email program, saying a recent software patch...
New York Regulator Issues Guidance for Insurers Writing Cyber Policies in the State
Mar 8 2021 // The New York State Department of Financial Services (DFS) has issued new guidance for New York-regulated property/casualty insurers that write cyber insurance. This serves as the first guidance the regulator has issued on...
CNA’s Cyber Risk Services Program, CNA CyberPrep, Launched in Canada
Mar 5 2021 // CNA announced that CNA CyberPrep, a proactive cyber risk services program, has been launched in Canada. Already available to CNA’s customers in the United States, CNA CyberPrep helps cyber policyholders with threat...
Volante Combines Ransomware, Cybersecurity in CyberLockout Coverage
Mar 5 2021 // Volante Global, an international managing general agent (MGA) platform, has launched a cyber ransomware product Cyber Lockout that combines ransomware insurance cover with cybersecurity technology. Cyber Lockout is...
Global Power Grids Are Becoming Increasingly Vulnerable to Cyber Attacks
Mar 4 2021 // More than five years after massive cyber attacks left a quarter of a million Ukrainians without electricity, the world’s power grids have become even more vulnerable to hackers. As utilities turn to varying sources...
How a Social Media Fad Is Turning into a Cyber, Fraud Risk for Insurers
Mar 3 2021 // Powered by InsuranceJournal.tv Anyone who uses social media has probably come across deepfakes, which refer to media such as videos, photos or audio that have been modified using artificial intelligence. Deepfakes have...
Hiscox Cites Loss on COVID, BI Dispute ‘Brand Damage’; Will Alter Liability, Cyber Books
Mar 3 2021 // British insurer Hiscox reported a big loss for 2020 after a jump in claims from businesses disrupted by the COVID-19 pandemic and also faces “brand damage” from a legal dispute over policy wordings for...
PLUS Offers Cyber Liability Insurance Designation
Mar 2 2021 // The Professional Liability Underwriting Society (PLUS) has launched a designation program for cyber liability professionals. The Cyber Professional Liability Practitioner (CPLP) designation builds on the...
Google to Offer Cyber Insurance From Allianz, Munich Re to Cloud Users
Mar 2 2021 // Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its cloud services, the first time a major provider has opened up such insurance to its clients, the companies...
Court Up’holds’ Insurers’ Denial of $6M Crime Claim for Phishing Loss
Mar 1 2021 // Real estate software maker RealPage has been denied a $6 million computer crime insurance coverage claim because the stolen funds were not in its possession but were instead being held by a payment processing firm at the...
Washington State Pushing Measure to Create Office of Cybersecurity
Feb 26 2021 // In response to a security breach that exposed personal information from around 1.6 million unemployment claims filed last year, the Washington Senate has unanimously passed a measure that creates a state Office of...
Senator Says Microsoft Failed to Fix Cloud Software Issue Used by SolarWinds Hackers
Feb 26 2021 // Microsoft Corp.’s failure to fix known problems with its cloud software facilitated the massive SolarWinds hack that compromised at least nine federal government agencies, according to security experts and the office...
Personal Info Posted Online After North Carolina County Ransomware Attack
Feb 24 2021 // An investigation into a ransomware attack on a North Carolina county’s computer network showed personal information posted for sale on the “dark web,” the county said. The Chatham County network was hit...
Massive SolarWinds Hack Prompts Calls for U.S. Law Requiring Cyber Breach Reporting
Feb 24 2021 // A bipartisan group of senators on Tuesday recommended that the U.S. consider requiring companies to disclose when they have been hacked. At the first public hearing before Congress since a massive cyber-attack by suspected...
Arch to Back Coalition Cyber Insurance Programs with Long-Term Capacity
Feb 23 2021 // Arch Insurance North America and Coalition have formed a multi-year partnership to provide Coalition with long-term capacity for its U.S. and Canada Cyber and Technology Errors & Omissions insurance programs. The...
Cyberattack Strikes Pandemic-Besigned Navajo Nation Hospital
Feb 22 2021 // A pandemic-besieged hospital on the edge of the Navajo Nation says it has been the focus of a cyberattack. The nonprofit operator of Rehoboth McKinley Christian Hospital in Gallup issued a brief statement acknowledging...
E&O Risks to Agents Extend to Cyber
Feb 22 2021 // Agents are bracing for errors and omissions (E&O) claims stemming from the pandemic when insureds discover they carry inadequate coverage or none at all. Regrettably, agents likely face a similar scenario in cyber...
U.S. Charges 3 North Koreans in $1.3B Hacking of Banks, Sony, Others
Feb 18 2021 // The United States has charged three North Korean computer programmers with a massive hacking spree aimed at stealing more than $1.3 billion in money and cryptocurrency, affecting companies from banks to Hollywood movie...
France to Boost Cyber Security Defenses After Attacks
Feb 18 2021 // President Emmanuel Macron announced new investment to bolster France’s cyber security defenses after two hospitals were struck by ransomware and the national security agency linked a large cyber attack spanning three...
Internet of Things Devices Increase Risk of Cyber Attacks on Industrial Sector: Lloyd’s
Feb 17 2021 // Internet of Things (IoT) devices are increasing the risk of cyber attacks to industrial and manufacturing businesses, according to a report published by Lloyd’s in partnership with cyber analytics specialist...
