Most Popular Cyber Headlines This Year

The most viewed headlines from our Cyber Topic Page over the last year.

#1 Insurance Broker Gallagher Reports Ransomware Attack

Sep 29 2020 // Insurance broker Arthur J. Gallagher & Co. and its claims unit, Gallagher Bassett, reported that a ransomware incident that happened on Saturday, Sept. 26 limited some of its internal systems. In a filing with the...

#2 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...

#3 Analysts Affirm CNA Ratings As Insurer Continues Probe of Cyber Attack

Mar 29 2021 // CNA Financial Corp.’s financial ratings have not been affected by the insurer’s recent cyber attack. AM Best, S&P Global Ratings and Fitch Ratings all affirmed their current ratings and outlooks for CNA and...

#4 Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom: Bloomberg

May 13 2021 // Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s...

#5 Swiss Cyber Security Firm Says It Accessed Servers of a SolarWinds Hacking Group

Mar 23 2021 // A Swiss cyber-security firm says it has accessed servers used by a hacking group tied to the SolarWinds breach, revealing details about who the attackers targeted and how they carried out their operation. The firm,...

#6 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...

#7 Russia-Based Hackers Plan New Wave of Attacks Against U.S. Hospitals: Security Firm

Nov 2 2020 // A Russia-based ransomware group responsible for a new wave of attacks against U.S. hospitals is laying the groundwork to cripple at least ten more, according to the cyber-security firm Prevailion Inc. Prevailion’s...

#8 U.S. Treasury Warns Cyber Insurers Against Paying Ransomware Demands

Oct 1 2020 // The U.S. Treasury Department is warning that individuals or businesses that help facilitate ransomware payments may be violating anti-money laundering and sanctions regulations. The warnings came in a pair of advisories,...

#9 Geico Customer Data Breach May be Part of Unemployment Insurance Scam

Apr 22 2021 // Auto insurer Geico recently reported that fraudsters have been stealing license numbers of its customers for the past few months and possibly using them to fraudulently apply for unemployment benefits. In a data breach...

#10 CNA Says Email Now Safe As Cyber Attack Recovery Progresses

Apr 5 2021 // CNA Insurance expects its corporate email and other functions to be fully operational soon as it continues its recovery efforts following a March 21 cyber attack. In an April 1 security update, the company said it is now...

#11 U.S. Cyber Insurers Face Changing Landscape; Top 20 Cyber Insurers

Jul 22 2020 // Cyber insurers have been enjoying a profitable run for several years but are now facing a changed risk landscape with data breaches, ransomware attacks, insurance claims and overall threat awareness increasing. In a...

#12 Ransomware Attack on Colonial Again Shows U.S. Ignores Warning After Warning

May 11 2021 // The ransomware attack that shut down the nation’s biggest fuel pipeline prompted an all-too familiar question in the corridors of power in Washington and boardrooms across the country: Can anyone stop debilitating...

#13 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...

#14 Florida School District Hit with ‘Bizarre’ $40M Ransomware Demand

Apr 5 2021 // The computer system of one of the nation’s largest school districts was hacked by a criminal gang that encrypted district data and demanded $40 million in ransom or it would erase the files and post students’...

#15 How Coronavirus Is Changing Claims, Risks, Work, Habits, Supply Chains and More

Oct 7 2020 // The magnitude of the COVID-19 pandemic as an economic loss events is unprecedented for companies and insurers alike and claims trends and risk exposures are likely to evolve in both the mid- and long-term as a result of...

#16 China’s Microsoft Hack, Russia’s SolarWinds Attack Threaten to Overwhelm U.S.

Mar 10 2021 // China’s global attack on Microsoft’s popular email software revealed last week and an equally sprawling Russian attack discovered three months ago have created a two-front war that threatens to overwhelm...

#17 What 3 Experts Are Saying About Pipeline Attack and Cyber Insurance

May 18 2021 // Here is what AM Best, Fitch Ratings and CyberCube think about the recent ransomware attack that shut down Colonial Pipeline: AM Best: Spotlight on Cyber Insurance The ransomware attack on one of the largest pipelines in...

#18 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...

#19 Suspected Russian Hack of U.S. Government: Espionage or Act of War?

Dec 21 2020 // The suspected Russian hack of U.S. government agencies has led to heated rhetoric from lawmakers, with U.S. Senator Dick Durbin calling it “virtually a declaration of war” and U.S. Senator Marco Rubio saying...

#20 Cyber Attacks on the Rise for Businesses, Pushing Many to the Brink: Hiscox

Apr 19 2021 // The proportion of businesses targeted by cyber criminals in the past year increased from 38% to 43%, with over a quarter of those targeted (28%) experiencing five attacks or more, according to the Hiscox Cyber Readiness...