Diverging Cyber Cat Model Results Challenge Underwriters’ Risk Analysis: Guy Carpenter August 1, 2023 By L.S. Howard Significant progress has been made in advancing vendor’s cyber catastrophe models, but a notable degree of variability exists across model...
Rutgers, Stony Brook Among Colleges Warning of Data Exposure From MOVEit Hack July 21, 2023 The ongoing cyberattack exploiting MOVEit file-transfer software has taken a toll on US colleges and universities. At least 30 institutions...
Australia’s Fortescue Hit by Cyber Attack That Disclosed Some Network Data July 19, 2023 By Jason Scott Fortescue Metals Group Ltd. said it had been subject to a cyber attack that resulted in “the disclosure of a...
China Poses ‘Alarming’ Threat to US Power Grid, Lawmakers Told July 19, 2023 By Ari Natter China represents an increasing threat to the US power grid, lawmakers were told Tuesday during a hearing in which they...
Estee Lauder Hit by Cyber Attack, With Some Business Operations Disrupted July 19, 2023 Cosmetics maker Estee Lauder on Tuesday said a hacker had obtained some data from its systems, with the cyber incident...
Crypto Ransomware Attacks Rise in First Half of 2023: Chainalysis July 18, 2023 By Elizabeth Howcroft Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged...
Deutsche Bank, Commerzbank, ING Data Breached in MOVEit Hack July 12, 2023 By Steven Arons Deutsche Bank AG, Commerzbank AG and ING Groep NV are among dozens of companies worldwide whose client data were compromised...
Russian Hackers Lured Embassy Workers in Ukraine With Fake Used-Car Advert July 12, 2023 By James Pearson Hackers suspected of working for Russia’s foreign intelligence agency targeted dozens of diplomats at embassies in Ukraine with a fake...
Suncor Reports Data Breach Affected Petro-Points Members’ Basic Contact Data July 10, 2023 Canadian energy firm Suncor Energy on Thursday [July 6] said that due to a cyber security incident on June 21,...
ECB Cyber Stress Test Won’t Deliver Direct Capital Hit to Banks July 10, 2023 By Steven Arons and Nicholas Comfort The European Central Bank’s cybersecurity stress test next year won’t have a direct impact on capital requirements, limiting the exercise’s...