Trending Cyber Headlines
The most viewed headlines from our Cyber Topic Page over the last 30 days.
#1 Insurance Broker Gallagher Sued Over Ransomware Attack
Aug 2 2021 // Insurance and benefits broker Arthur J. Gallagher is the target of a proposed class action lawsuit over a ransomware attack it suffered in 2020. The plaintiffs allege that Gallagher failed to follow federal and state...
#2 As Cyberattacks Rise, Cyber Insurers Are Rethinking Their Business
Jul 21 2021 // The hacks came one right after another, sowing chaos at hospitals, idling America’s biggest gasoline pipeline, crippling a huge meat supplier and devastating hundreds of companies over the July 4 weekend. Now,...
#3 How Russian Military Uses ‘Brute Force’ to Hack U.S. Government, Companies
Jul 8 2021 // U.S. and British agencies disclosed last week details of “brute force” methods they say have been used by Russian intelligence to try to break into the cloud services of hundreds of government agencies, energy...
#4 Ransomware Gang REvil’s Websites Vanish; Reason Unknown
Jul 14 2021 // Websites run by the ransomware gang REvil suddenly became unreachable on Tuesday, sparking widespread speculation that the group had been knocked offline. The Russia-linked cybercrime ring has collected tens of millions of...
#5 Cyber Insurance Industry in Crosshairs of Ransomware Criminals
Jul 7 2021 // In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help others survive the very network-paralyzing, data-pilfering extortion attacks...
#6 States Weigh Bans on Ransomware Payoffs
Jul 27 2021 // As ransomware attacks continue to wreak havoc on police departments, school districts and city and county governments, some state legislators say they’ve had enough. At least three states—New York, North Carolina...
#7 German Cyber-Security Watchdog Confirms Country’s First ‘Cyber-Catastrophe’
Jul 12 2021 // A district council in eastern Germany has declared a disaster after its computer systems were paralyzed by a hacker attack in what the federal cyber-security watchdog confirmed was the country’s first-ever...
#8 What Insurers Should Know as Ransomware Takes Center Stage
Jul 14 2021 // Cyber criminals aren’t just stealing passwords and data. They’re stealing the spotlight. Amid the ongoing COVID-19 pandemic that has been a global focus since government shutdowns began in March of last year,...
#9 Chubb CEO Greenberg Stresses Need to Address Ransomware and ‘Systemic’ Cyber Risk
Jul 29 2021 // Chubb Chairman and CEO Evan Greenberg is doubling down against outlawing ransomware payments to address the the growing threat of ransomware. He appears to make an exception, however, for cryptocurrency...
#10 Update: Ransomware Attack on Kaseya Affects Up to 1,500 Firms; Hackers Ask $70M
Jul 5 2021 // Between 800 and 1,500 businesses around the world have been affected by a ransomware attack centered on U.S. information technology firm Kaseya, its chief executive said on Monday. Fred Voccola, the Florida-based...
#11 Does It Ever Make Sense for Firms to Pay Ransomware Criminals?
Jul 8 2021 // The global insurance company AXA announced in May it will stop writing cyber insurance coverage in France that reimburses customers for making payments to ransomware criminals. Cyber insurance policies have long covered...
#12 Biden Under Pressure to Counter Growing Ransomware Threat
Jul 8 2021 // President Joe Biden on Wednesday discussed the possibility of responding to a spate of ransomware attacks against U.S. entities that are believed to be perpetrated by Russian-linked hackers, a growing concern for his...
#13 ‘Holy Moly!’: Inside the Fight Against a Texas Ransomware Hack
Jul 27 2021 // It was the start of a steamy Friday two Augusts ago when Jason Whisler settled in for a working breakfast at the Coffee Ranch restaurant in the Texas Panhandle city of Borger. The most pressing agenda item for city...
#14 CNA Overcame Cyber Attack to Finish Strong in Q2
Aug 2 2021 // CNA Financial Corp. (CNA) announced second quarter 2021 net income of $368 million versus $151 million in the prior year quarter. The quarter saw improvement in the underlying combined ratio, very strong investment results...
#15 S&P Warns of Cyber Risk’s Impact on Insurers’ Credit Ratings
Jul 19 2021 // Cyber risk is becoming increasingly relevant to insurer credit ratings, according to a report from S&P Global Ratings. Overall, S&P said it has noted “more credit-relevant cyber events in the last six months...
#16 ‘Real Time’ Cyber Risk Specialist At-Bay Pulls In $185M as Antidote to Insurance Spiral
Jul 30 2021 // At-Bay pulled in a whopping $185 million in new financing that the cyber insurance startup plans to use for new product development, expansion into new markets and hiring more employees. Including the new round, the...
#17 Kaysea Ransomware Attack Caused ‘Minimal Damage’ to U.S. Firms, Biden Says
Jul 7 2021 // President Joe Biden said on Tuesday the ransomware attack centered on the Florida information technology firm Kaseya seems to have inflicted only “minimal damage” on American businesses. “It appears to...
#18 U.S. Fights Cyber Attacks by Blacklisting, Sanctioning Russian Tech Firms
Jul 19 2021 // The United States on Friday took a new stab at Russia’s cybersecurity industry, restricting trade with four information technology firms and two other entities over “aggressive and harmful” activities...
#19 Kaseya Ransomware Attack by REvil Gang Is Global in Scale
Jul 6 2021 // Cyber-security teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose...
#20 Vendor Data Breach Exposed Morgan Stanley’s Corporate Client Data
Jul 9 2021 // Morgan Stanley has disclosed that personal data of some of its corporate clients was stolen in January in a data breach that involved a third-party vendor and hackers accessed information, including social security...
