A few years ago, manufacturers were thought to be low-value targets for cyber criminals, and not many saw the need to purchase cyber insurance.  “Traditionally, manufacturing companies are largely unregulated, and executives are often quick to say that they have...

According to BankInfoSecurity, cyber criminals launched an attack last week preying on email recipients’ interest in the uncertainty of the US presidential election results.  Shortly after polls closed on Election Day, phishing emails were sent containing the Qbot...

On October 28, officials from the FBI and the U.S. Department of Homeland Security alerted healthcare executives of an “imminent cybercrime threat to U.S. hospitals and healthcare providers.”  The ransomware attacks could begin as soon as this weekend. One security...

A post on the cyber security blog “Ride the Lightning” from October 1, 2020, discussed the difficulties a company faces when it’s hit with ransomware.  Does the business pay the ransom or not, and if so, how does one negotiate with the hackers? Paying the ransom does...

During 2016, the US Federal Trade Commission (FTC) launched an investigation into Uber in connection with a data breach that occurred in 2014. During this investigation, Uber was hit with another breach from hackers that stole a database containing personal...

Over the years, Apple products have been touted as more secure than Microsoft Windows. While Apple does have strong security, a big reason for this perception in the marketplace is due to the fact that Microsoft Windows is more widely used in companies and...

Nonprofit software and data services giant Blackbaud is facing a class action lawsuit with the US District Court District of South Carolina after donors’ data was hacked by cyber criminals. Hackers breached Blackbaud’s systems on February 7, 2020, but the intrusion...

Residents of South Dakota recently received a letter from the Department of Public Safety stating that they may have been affected by an information data breach on July 19 that targeted the DPS Fusion Center database used to share COVID-19 patient names and addresses...

Less than a year since the California Consumer Privacy Act (CCPA) went into effect, Walmart is being sued for violating the new data regulations. After an unspecified incident, cyber-criminals were able to access customers’ names, addresses, financial information, and...

Hacking, malware, and social engineering get a lot of attention as potential sources of loss in the cyber insurance world, and with good reason – 2019 data from a cyber-first carrier indicate these three vectors accounted for 62% of that carrier’s claims.[i] But that...