Biden Administration Targets Crypto Pipelines in Fight Against Ransomware Attacks September 22, 2021 By Kartikay Mehrotra and Jennifer Jacobs The Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it...
Russia-Linked Ransomware Group Hits Iowa Grain Cooperative, Violating Biden Warning September 21, 2021 By William Turton After a furious run of ransomware attacks in the first half of the year, President Joe Biden in July warned...
Ransomware Has Been a ‘Game Changer’ for Cyber Insurance August 30, 2021 By Elizabeth Blosfield Anyone who works in cyber insurance knows that the industry is never static. It’s a constantly evolving business as the...
Tokio Marine Insurance Singapore Hit by Ransomware Attack August 19, 2021 Tokio Marine Insurance Singapore Ltd. (TMiS), a subsidiary of Tokio Marine Group, announced it was hit by a ransomware cyber...
Ryan Specialty Group Reports It Suffered Cyber Breach in April August 16, 2021 Newly public brokerage firm Ryan Specialty Group reported today on a data security incident that happened in April. The firm...
Kaseya Ransomware Attack Triggers Race to Hack Other Managed Services Providers August 5, 2021 By Joseph Menn A ransomware attack in July that paralyzed as many as 1,500 organizations by compromising tech-management software from a company called...
State, Federal Regulatory Enforcement a Focus as Cyber Crime Grows August 4, 2021 By Elizabeth Blosfield As ransomware attacks are on the rise and cyber risks continue to mount, experts say there has been “a paradigm...
Insurance Broker Gallagher Sued Over Ransomware Attack August 2, 2021 By Andrew G. Simpson Insurance and benefits broker Arthur J. Gallagher is the target of a proposed class action lawsuit over a ransomware attack...
Cyber Criminals Target Remote Workers and ‘Critical Infrastructure to Corner Stores’ July 30, 2021 The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to...
Chubb CEO Greenberg Stresses Need to Address Ransomware and ‘Systemic’ Cyber Risk July 29, 2021 By Mark Hollmer Chubb Chairman and CEO Evan Greenberg is doubling down against outlawing ransomware payments to address the the growing threat of...