Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Most Ransomware Claims Begin With Compromised Perimeter Security: Coalition
Mar 12 2025 // More than half of ransomware claims in 2024 started with threat actors compromising perimeter security appliances, according to a new report from Coalition. In its Cyber Threat Index 2025, the insurance provider reported...
Why Cyber Insurers Should Partner in Cybersecurity Support
Mar 10 2025 // The history of insurance dates back as far as 2000 BCE, when merchants and traders developed basic risk-sharing agreements to protect against financial losses from unpredictable events. At its most basic, insurance as a...
Prosecutors Say Taylor Swift Tickets Were Sold Then Resold in Cyber Scam
Mar 7 2025 // A cybercrime crew stole then resold more than 900 digital tickets to Taylor Swift concerts and other pricey events on StubHub, according to prosecutors in New York. The international scam involved people working in Jamaica...
Gallagher Re Launches Cyber Risk Adjusted Rating Index to Track Reinsurance Rates
Mar 7 2025 // Gallagher Re, the reinsurance brokerage unit of Arthur J. Gallagher & Co., announced it has launched a Cyber Risk Adjusted Rating (RAR) Index, which is designed to measure the change in reinsurance prices adjusted for...
US Indicts Slew of Alleged Chinese Hackers, Sanctions Company Over Spy Campaign
Mar 6 2025 // The U.S. on Wednesday announced indictments against a slew of alleged Chinese hackers, sanctioned a Chinese tech company and offered a $10 million bounty over what Washington called a years-long spy campaign that stole...
Cyber Insurance Firm Coalition Gets $30M Equity Investment From Mitsui Sumitomo
Mar 4 2025 // Global cyber insurance provider Coalition announced a new $30 million equity investment from Insurance Co., Ltd. (MSI), a member of MS&AD Insurance Group. The investment anchors a strategic partnership aimed at...
CFPB Data Imperiled by Cybersecurity Contract Cancellation, Ex-Official Says
Mar 3 2025 // The cancellation of nearly three-dozen cybersecurity contracts at the US Consumer Financial Protection Bureau endangers the security of sensitive data maintained by the federal watchdog, a former senior official at the...
Resilience: Third-Party Risk Involved in 31% of Cyber Claims
Feb 28 2025 // More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024. New research...
US Soldier Linked to AT&T Hack Accused of Contacting Spy Agency
Feb 27 2025 // A 21-year-old US soldier accused of trying to sell AT&T call records of Donald Trump’s family members also attempted to pawn off sensitive data to a foreign intelligence organization, according to court...
Scam Calls Hit Record in Thailand Before Cyber Fraud Crackdown
Feb 25 2025 // Thailand saw the number of scam calls and text messages more than double to a record 168 million in 2024 from a year earlier, an anti-scam tech firm said, before authorities stepped up a crackdown on cyber fraud operations...
Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Feb 24 2025 // Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth of tokens in the biggest theft ever committed in the industry. Researchers believe North Korean...
Pro-Russian Hackers Attack Italian Websites After President’s Comments About Ukraine
Feb 21 2025 // A pro-Russian hacker group attacked Italian government websites on Tuesday [Feb. 18] in what it said was a reaction to a speech by Italian President Sergio Mattarella that compared Russia’s invasion of Ukraine to the...
Markets/Coverages: Cyber Portfolio Quoting for US Brokers From CFC; New DUAL Fine Art Coverage Capacity; Falcon Risk’s Pro Liability for Agents, Brokers
Feb 19 2025 // CFC Launches Cyber Portfolio Quoting for American Brokers CFC said it has launched a new service to automate quoting for up to thousands of policies. Initially available for CFC’s cyber products, US brokers can now...
Bain Capital Backs Israeli AI Cybersecurity Startup Dream at $1.1 Billion Valuation
Feb 19 2025 // Dream, an artificial intelligence company that provides cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, has raised $100 million at a $1.1 billion valuation. Bain...
Virginia Attorney General’s Office Hit by Cyber Attack
Feb 14 2025 // Virginia State Police and the Federal Bureau of Investigation (FBI) are investigating a “sophisticated cyberattack” that struck the Richmond offices of Virginia Attorney General Jason S. Miyares on...
Deloitte Pays Rhode Island $5 Million to Aid Recovery From Ransomware Attack
Feb 12 2025 // The consulting firm Deloitte that built and manages Rhode Island’s popular RIBridges portal has paid the state $5 million to compensate for the ransomware attack that compromised and shuttered the benefits site in...
Viewpoint: Cyber Risk and AI – The Changing Landscape
Feb 5 2025 // Newswise — In today’s world of interconnected computer-based information systems, cyber risk has become one of the critical risk factors impacting organizations. Indeed, several studies have shown that cyber risk...
Tri-State Region Blood Center Hit With Ransomware Attack
Jan 31 2025 // One of the country’s largest blood donor and research centers has suffered a ransomware attack. The New York Blood Center (NYBC) said that on Sunday, January 26, it identified “suspicious activity”...
MGM Resorts to Pay $45M to Settle Data Breach Lawsuit
Jan 29 2025 // MGM Resorts International has agreed to a $45 million to resolve a class action lawsuit over its data breaches in 2019 and 2023. Preliminary approval of the settlement was granted by a federal judge, according to documents...
Markets/Coverages: DUAL Europe Launches Cyber Active Protect Solution
Jan 28 2025 // DUAL Europe announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive cyber insurance with proactive cyber prevention services. It also has launched a new entity – DUAL Cyber Prevention...
