Trending Cyber Headlines
The most viewed headlines from our Cyber Topic Page over the last 30 days.
#1 CNA Paid $40 Million in Ransom After March Cyber Attack
May 21 2021 // CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control of its network after a ransomware attack, according to people with knowledge of the attack. The...
#2 Insurers Must Totally Reassess Approach to ‘Grim’ Cyber Insurance Market: AM Best
Jun 4 2021 // With the cyber risk hazard environment—ransomware, business interruption and aggregation—worsening significantly, “prospects for the U.S. cyber insurance market are grim,” according to an AM Best...
#3 Hackers Only Needed a Single Password to Disrupt Colonial Pipeline, CEO Testifies
Jun 9 2021 // The head of Colonial Pipeline told U.S. senators on Tuesday that hackers who launched last month’s cyber attack against the company and disrupted fuel supplies to the U.S. Southeast were able to get into the system...
#4 FBI Chief Wray Warns Cyber-Attacked Firms Not to Pay Ransoms
Jun 11 2021 // Companies and organizations that are victims of ransomware attacks shouldn’t pay hackers to unlock their data and should quickly contact law enforcement, which opens up the possibility of creative solutions, FBI...
#5 Russia-Linked Hacking Group Is Behind JBS Cyber Attack: Sources
Jun 2 2021 // A notorious Russia-linked hacking group is behind the cyber attack against JBS SA, according to four people familiar with the assault who were not authorized to speak publicly on the matter. The cyber gang goes by the name...
#6 Ransomware Attacks Hit AXA’s Asia Units, New Zealand Health Provider
May 19 2021 // BANGKOK (AP) – The Thai affiliate of Paris-based insurance company AXA said Tuesday it is investigating a ransomware attack by Russian-speaking cyber criminals that has affected operations in Thailand, Malaysia, Hong...
#7 Cyber Insurers Hike Rates But Worry About Pricing Long-Term As Losses Mount: Fitch
May 27 2021 // U.S. insurers offering cyber coverage have been implementing significant pricing and underwriting actions in 2021 in response to a spike in cyber claims, according to Fitch Ratings. Fitch predicts that immediate...
#8 Security Shutdown Stops Hack of Tulsa, Oklahoma’s Computer System
May 23 2021 // Most residents of Tulsa are being prevented from paying their water bills after the city shut down its computer network as a security measure following an attempted ransomware attack, a city official said. The attempted...
#9 U.S. Water, Power Cyber Networks Are Shockingly Vulnerable to Hacks
Jun 16 2021 // When the Los Angeles Department of Water and Power was hacked in 2018, it took a mere six hours. Early this year, an intruder lurked in hundreds of computers related to water systems across the U.S. In Portland, Oregon,...
#10 Meat Producer JBS Paid $11M in Ransom to Cyber Attackers
Jun 10 2021 // Meat producer JBS USA paid the equivalent of $11 million in ransom in response to the May 30 criminal hack against its meat plant operations, the company confirmed in a statement released Wednesday. At the time of payment,...
#11 Liberty Mutual to Offer Cybersecurity Assessment to Select Cyber Clients
Jun 2 2021 // Liberty Mutual Insurance has partnered with cyber security rating provider SecurityScorecard to offer complimentary cybersecurity analysis to qualifying clients of its Global Risk Solutions North America and Liberty...
#12 Supreme Court to Weigh LinkedIn’s Use of Anti-Hacking Law to Shield Personal Data
Jun 14 2021 // The U.S. Supreme Court on Monday gave Microsoft Corp.’s LinkedIn Corp. another chance to try to stop rival hiQ Labs Inc. from harvesting personal data from the professional networking platform’s public profiles...
#13 Hack of Leading Japanese Dating App Could Expose Personal Data of 2 Million Users
May 24 2021 // A leading Japanese matchmaking app was hacked, likely exposing the personal information of more than 1.7 million account holders, in the latest high-profile online attack. Net Marketing Co., which runs the Omiai dating...
#14 New York City’s 1,000-Lawyer Law Department Targeted by Cyber Attack
Jun 15 2021 // New York City’s law department was been hit with a cyber attack that forced officials to take the 1,000-lawyer agency offline, but Mayor Bill de Blasio said he believes no data was compromised in the hack. “To...
#15 Washington Debates What to Do About Ransomware Payments, Cyber Reporting
Jun 7 2021 // More transparency is needed into what kind of cash payments are made after ransomware attacks, a top Democrat said, following a recent spate of cyber-attacks aimed at U.S. companies. Mark Warner, chairman of the Senate...
#16 Student Blamed for Cyber Attack on Massachusetts School’s Network
May 21 2021 // A student was behind a cyber attack on a Massachusetts school system this week that temporarily shut down the district’s computer network, disrupted remote learning, and forced the postponement of exams, officials...
#17 Insuring Cyber: Lacewell on How New York Became a Leader in Cyber Regulation
Jun 3 2021 // New York State Department of Financial Services (DFS) Superintendent Linda Lacewell spoke with Elizabeth Blosfield during the most recent episode of the Insuring Cyber Podcast about how she has always seen New York as a...
#18 New Falcon Risk MGA Targets Financial, Cyber With Argo Pro Ex-President Landi as CEO
Jun 8 2021 // Falcon Risk Holdings is the name of a new managing general agency formed by Griffin Highline Capital, HDI Global Specialty SE and Craig Landi, former Argo Pro president who will lead the new entity. Summit, New...
#19 Tennessee Insurance Data Security Law to Take Effect July 1
May 24 2021 // A law passed by the Tennessee General Assembly in its latest session will give insurance consumers in the state new protections for their personal, medical and financial information, according to the Tennessee Department...
#20 Cyber Insurers Seeing Surge in Interest by Energy Companies Since Pipeline Attack
May 28 2021 // U.S. energy companies are scrambling to buy more cyber insurance after this month’s attack on Colonial Pipeline disrupted the U.S. fuel supply, but they can expect to pay more as cyber insurers plan to hike rates...
