Allianz: 14% Increase in Large Cyber Claims, Driven by Data Breaches and Privacy Violations October 23, 2024 Cyber claims are continuing their upwards trend over the past year, with the frequency and severity of large cyber claims...
Hackers Behind MGM Attack Targeting Banks, Insurers in New Campaign May 9, 2024 By Katrina Manson The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new...
Merck Settles Coverage Dispute With Insurers Over War Exclusion in NotPetya Attack January 5, 2024 By Insurance Journal staff Merck & Co. Inc. has reportedly reached a deal with insurers over a closely-watched coverage dispute related to a massive...
Cybersecurity Agency Warns that Water Utilities Are Vulnerable to Hackers After Pennsylvania Attack December 1, 2023 HARRISBURG, Pa. (AP) — Hackers are targeting industrial control systems widely used by water and sewage-treatment utilities, potentially threatening water...
Kansas Court System Down Nearly 2 Weeks in ‘Security Incident’ that Has Hallmarks of Ransomware October 27, 2023 By Heather Hollingsworth and John Hanna TOPEKA, Kan. (AP) — Kansas officials are calling a massive computer outage that’s kept most of the state’s courts offline...
Weeks After Cyberattack, Systems Still Offline at 16 Hospitals, Dozens of Clinics in 6 States August 21, 2023 By PAT EATON-ROBB Key computer systems at hospitals and clinics in several states have yet to come back online more than two weeks...
Philadelphia Inquirer Hit by Cyberattack Causing Largest Disruption In Decades May 16, 2023 PHILADELPHIA (AP) — The Philadelphia Inquirer experienced the most significant disruption to its operations in 27 years due to what...
N.J. Appeals Court Rules War Exclusion Doesn’t Apply to NotPetya Attack May 4, 2023 By Jim Sams Insurers may not use a war exclusion to deny coverage to Merck & Co. for a 2017 cyberattack blamed on...
T-Mobile Says Data on 37 Million Customers Stolen January 23, 2023 By Frank Bajak BOSTON (AP) — The U.S. wireless carrier T-Mobile said Thursday that an unidentified malicious intruder breached its network in late...
Viewpoint: Calculating Business Interruption Costs in Cyber Claims August 30, 2022 By Peter Hagen and Troy Bates While cyber was incorporated in some general liability policies (GL) of the 1980s, the first cyber standalone policy was written...