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First American, one of the largest insurance companies in the United States, has confirmed the cyber-incident it suffered in late December 2023 was indeed a ransomware attack. The company filed an updated 8-K form with the Securities and Exchange Commission Read More …
First American, one of the largest insurance companies in the United States, suffered a malware attack that forced the company to shut some of its systems down, including its website. At press time, the official website firstam.com was still offline, Read More …
Last Tuesday, Fidelity National Financial, or FNF, a real estate services company that bills itself as the “leading provider of title insurance and escrow services, and North America’s largest title insurance company,” announced that it had experienced a cyberattack. Since Read More …
A trio, consisting of an insurance broker, a programmer, and a Facebook page administrator, has been apprehended for their alleged involvement in a significant data breach operation. They stand accused of compromising and subsequently selling the personal data of over Read More …
Symantec’s Threat Hunter Team, a part of Broadcom, recently observed the Syssphinx (aka FIN8) cyber-crime group deploying a variant of the Sardonic backdoor to deliver the Noberus ransomware. While analysis of the backdoor revealed it to be part of the Read More …
US cyber insurance premiums surged 50% in 2022 as increased ransomware attacks and online commerce drove demand for coverage. Premiums collected from policies written by insurers reached $7.2 billion in 2022 and tripled in the past three years, ratings firm Read More …
Personal and financial data describing almost 1.9 million Apria Healthcare patients and employees may have been accessed by crooks who breached the company’s networks over a series of months in 2019 and 2021. The home healthcare equipment provider, which says Read More …
German IT services provider Bitmarck has shut down all of its customer and internal systems, including entire datacenters in some cases, following a cyberattack. The company, one of the largest service providers for German health insurers, said no customer, patient, Read More …
Bank of America has reportedly raised concerns with Lloyd’s of London about a move to exempt “state-backed” cyberattacks from standard insurance policies. Bank of America highlighted its concerns with the policy in a series of meetings between Lloyd’s and its Read More …
One thing is clear about cyber insurance in the spring of 2023: The status quo is not sustainable. And now, Lloyd’s of London, a major player in the global insurance market, is calling for dramatic changes in the cyber insurance Read More …
