Cyber attacks

In other news: Zurich releases cyber risk survey results; Hertz and Uber to add 50,000 Teslas to network; Amica selects Shift Technology.

The number of cyber insurance claims AGCS has seen has increased in the past few years, following along with general cyber risk trends. In 2020, the company received more than 1,000 in total, compared to 80 in 2016. This trend has continued into 2021.

Microsoft 365 customers are eligible for discounts on At-Bay cyber insurance if certain security controls are implemented like multifactor authentication and Microsoft Defender.

Many insurers are focused on ransomware risk protection even though other new vulnerabilities are emerging from remote work. Recent statistics point to a troubling increase in ransomware and phishing, web application attacks and other emerging cybercrime tactics.

Chief executives from across the business world are set to join President Joe Biden for a discussion Wednesday on how industry and the federal government can partner to improve cybersecurity in the face of debilitating ransomware and cyberattacks.

The coronavirus outbreak is impacting the cyber risk landscape, with reports of maritime and offshore energy companies having faced a 400% increase in attempted cyber-attacks since the pandemic began.

Attackers are always growing smarter, more creative and more aggressive, and environments are always growing more complex.

Even though the threats emerging in the New Year won’t be any less intense, complicated or difficult to manage, 2020 is likely to be the year of simplified security.

Sometimes, in an attempt to gather data or introduce simplicity using a technology solution, businesses and brokers can inadvertently expose themselves to elevated levels of cyber risk.

Organizations are trying to balance their desire for new innovations with their need for strong cyber security, according to a new report from CompTIA, a technology industry trade association.

It’s no accident that we’re seeing cities become targets. These organizations are traditionally viewed as being slower than the herd.

The cyber security skills shortage is worsening for the third straight year and has affected nearly three quarters of organizations, according to a new study.

Five years after hackers accessed the personal information of 10.6 million individuals, parties to a consolidated class action lawsuit have reached one of the largest healthcare data breach settlements.

The firm, one of the largest U.S. title insurers, may have allowed unauthorized access to more than 885 million records related to mortgage deals going back to 2003.

The Deloitte Foundation Cyber Threat Competition is helping to introduce more college-age students to career opportunities and skills demands in the cybersecurity field.

Last week, a cyberattack took down software provider Wolters Kluwer NV and presented a case study in how not to communicate with customers over a hack.

Some of the largest companies tripled cyber-defense budgets in the last three to four years amid a surge of attacks on client information, accounts and other data.

Big data offers ample opportunities, but also increases security concerns because online data is so much more vulnerable to cyber attacks.

Organizations are struggling to keep their cyber security workforce staffed, as competitors increasingly lure employees who are enticed by higher pay and bonuses.

The battle to keep cyber attackers from successfully compromising networks is not working, according to a recent report by threat detection company Attivo Networks.