Reputation Risk Can Overshadow Ransom in Cyberattacks, Aon Says June 27, 2025 By Jahna Jacobson The cost of a cyberattack extends far beyond any immediate mitigation expenses or ransoms paid. Reputational costs and dipping stock...
Insurance Sector Should Be on the Lookout for ‘Scattered Spider’ Hackers June 23, 2025 By Chad Hemenway Watch out, insurance industry. A well-known cybercrime group appears to have shifted focus to insurers. Apparently, recent cybersecurity incidents at...
Customers Find Orders Blocked, Shelves Empty With Retail Cyberattacks on the Rise June 13, 2025 By Wyatte Grantham-Philips A string of recent cyberattacks and data breaches involving the systems of major retailers have started affecting shoppers. United Natural...
Viewpoint: How to Keep 3rd-Party Events From Becoming 1st-Party Losses June 2, 2025 By Gavin Reed Vendor-related risks, whether from technology suppliers or non-technology partners, have always been a concern and often drive a large number...
Iranian Pleads Guilty in US to 2019 Baltimore Ransomware Attack May 29, 2025 By AJ Vicens An Iranian national pleaded guilty to participating in the high-profile 2019 Baltimore, Maryland, ransomware attack, among others, and to causing...
Massachusetts Hacker to Plead Guilty to PowerSchool Data Breach May 23, 2025 By Nate Raymond A Massachusetts man has agreed to plead guilty to hacking cloud-based education software provider PowerSchool and stealing data pertaining to...
Coinbase Hackers Had Access to Customer Data Since January May 16, 2025 By Margi Murphy and Emily Nicolle Hackers had near-constant access to some of Coinbase Global Inc.’s most valuable customer data since January, according to a person...
Coinbase Says Bribed Workers Leaked Data to Hacker Seeking $20 Million in Ransom May 15, 2025 By Emily Nicolle Coinbase Global Inc. said hackers bribed contractors or employees outside the US to steal sensitive customer data and demanded a...
Insurer Coalition: Costs From Business Email Compromise Rise in 2024 May 12, 2025 About 60% of claims handled by cyber insurer Coalition were from business email compromises—and about a third of those including...
Cyber Market Continues to Expand as Rates Adjust, Says Guy Carpenter April 28, 2025 Those fighting cybercrime and those who insure against it must perpetually race to keep up with the new tech, strategies,...