cyber attacks News

Slot Machine Operator International Game Reports Hacker Incident

International Game Technology Plc, operator of popular slot machines in casinos, said an unauthorized third party gained access to certain of its systems. The company has experienced disruptions in portions of its internal information technology systems and applications resulting from …

Markets/Coverages: Chaucer Offers Nuclear Power Stations Insurance for Cyberattacks

Chaucer has launched a new nuclear insurance policy that provides nuclear power plants (NPP) with insurance cover for cyberattacks. Called CyNuC, the malicious act cyber insurance policy was developed specifically by Chaucer’s Lloyd’s Syndicate 1176 in conjunction with the insurer’s …

Vienna Insurance Group Launches Specialist Cyber Security Company

Vienna Insurance Group has launched a specialist cyber security company focused cyber risk management for small and medium-sized companies. Called Cyber Risk Solutions GmbH (CyRiSo), the company provides comprehensive support to help companies reduce cyber risks and to prevent and …

China Is Scanning Canada’s Cyber Defenses, State Watchdog Warns

The Canadian government warned Friday that “a sophisticated state-sponsored threat actor from the People’s Republic of China” has been scanning the cyber defenses of important public entities. “Reconnaissance scanning is not an indication of compromise” but may precede malicious actions, …

Indian Court Tells Star Health to Share Details of Leak so Telegram Can Delete Chatbots

An Indian court in the southern state of Tamil Nadu has told insurer Star Health to help Telegram identify data leaked via its messaging app so the chatbots can be deleted. The country’s biggest insurer with roughly $4 billion market …

‘G-Shock’ Watchmaker Casio Delays Earnings Release Due to Ransomware Attack

Japanese watchmaker Casio Computer said on Tuesday it will delay the release of its second-quarter earnings due to the impact of a ransomware attack on its accounting process, to mid-November from Nov. 6. Casio, known for its “G-Shock” series of …

Markets/Coverages: Coalition Launches UK Clawback Service to Recover Money Stolen in Cyber Attacks

Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, has become the first cyber insurance provider in the UK to launch a service dedicated to recovering funds stolen by cyber attackers. The cyber insurer’s new UK “clawback” service …

Intersys Expands in UK Insurance Market With Launch of London Office

Intersys, the UK-based provider of cyber risk management solutions, announced its expansion in the UK insurance market with the opening of an office in Leadenhall Market in London. Intersys’ London office will serve as a hub for delivering cutting-edge cyber …

Russia and Iran Are Ramping Up Threats to UK, Spy Chief Warns

Threats to the UK from Russia and Iran and the danger posed by the Islamic State group have increased in recent months, according to the head of Britain’s domestic spy agency. Ken McCallum, the director-general of MI5, said the security …

UK Finance Firms’ Concern Over Geopolitics at Record Level

The share of UK financial services firms worried about geopolitical risks is at its highest level since the 2008 crash, the Bank of England said. The BOE’s biannual systemic risk survey, which began during the financial crisis, said on Wednesday …