Insurer AXA to Stop Paying for Ransomware Crime Payments in France May 9, 2021 By Frank Bajak In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France...
U.S. Working With Colonial Pipeline to Restore Operations After Cyber Attack May 9, 2021 By Laura Sanicola, Doina Chiacu and Laila Kearney The White House was working closely with top U.S. fuel pipeline operator Colonial Pipeline on Sunday to help it recover...
As Ransomware Criminals Get More Ruthless, Experts Call for Multi-Pronged Response April 30, 2021 By Frank Bajak Political hand-wringing in Washington over Russia’s hacking of federal agencies and interference in U.S. politics has mostly overshadowed a worsening...
Officials Say New York School District Hit by Cyber Attack April 28, 2021 An Albany, New York-area school district is investigating a malware attack that forced students in grades 7 through 12 into...
CNA Central, CNA Surety Now Back Online; Work on Other Portals Continues April 6, 2021 CNA Insurance said it continues to make progress in restoring its operations following a March 21 cyber attack. Today it...
Homeland Security Chief Prioritizes Disrupting Ransomware in Cyber Efforts April 5, 2021 By Raphael Satter Department of Homeland Security (DHS) Secretary Alejandro Mayorkas said last Wednesday that dealing with ransomware will be a top priority,...
New York Regulator Issues Guidance for Insurers Writing Cyber Policies in the State February 4, 2021 By Elizabeth Blosfield The New York State Department of Financial Services (DFS) has issued new guidance spelling out best practices for New York-regulated...
Cyber Insurers Scale Back as Ransomware Attacks Rise December 17, 2020 By Noor Zainab Hussain and Carolyn Cohn Ransomware attacks increased in terms of both severity and costs this year, forcing insurers to become more selective and even...
Insuring Cyber Podcast Episode 4: What to Know About Recent Ransomware Advisories December 16, 2020 By Elizabeth Blosfield As the COVID-19 pandemic and the switch to remote work have highlighted cyber risks and drawn attention to the various...
Vermont Hospital Cyber Attack Cost Estimated at $1.5M a Day December 15, 2020 A late October cyber attack on the computer systems of the University of Vermont Medical Center is costing the hospital...