Cyber Claim Frequency Growing; Smaller Organizations Targeted July 28, 2021 By Claims Journal staff The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to...
Colonial Pipeline Sued for Gas Crisis From Ransomware Attack June 23, 2021 By Christopher Yasiejko Colonial Pipeline Co. was sued by a gas station seeking to represent thousands more over the ransomware attack in May...
Critical Entities Targeted in Suspected Chinese Cyber Spying June 16, 2021 By Alan Suderman RICHMOND, Va. (AP) — A cyberespionage campaign blamed on China was more sweeping than previously known, with suspected state-backed hackers...
U.S. Water and Power Are Shockingly Vulnerable to Cyberhacks June 15, 2021 By Kartikay Mehrotra When the Los Angeles Department of Water and Power was hacked in 2018, it took a mere six hours. Early...
Meat Company JBS Confirms it Paid $11M Ransom in Cyberattack June 11, 2021 By Dee-Ann Durbin The world’s largest meat processing company says it paid the equivalent of $11 million to hackers who broke into its...
JBS Rebuffed Call to Boost Cyber Spending, Ex-Employees Say June 9, 2021 By Ryan Gallagher and Alyza Sebenius A few years before it was hit by a major cyberattack, the world’s largest meat producer, JBS SA, rebuffed efforts...
CNA Financial Paid $40 Million in Ransom After March Cyberattack May 21, 2021 By Kartikay Mehrotra and William Turton CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control...
Irish Health System Struggling to Recover from Cyberattack May 19, 2021 LONDON (AP) — Ireland’s health system was still struggling to restore its computers and treat patients on Tuesday, four days...
Ransomware Attack Hits 4 Asian Countries of AXA Subsidiary May 18, 2021 PARIS (AP) — A targeted ransomware attack hit four countries among the Asian operations of AXA Partners, the international subsidiary...
Scramble on for New Fuel Routes After Colonial Pipeline Hack May 13, 2021 By Stephanie Kelly After a six-day outage, the top U.S. fuel pipeline on Thursday moved some of the first millions of gallons of...