The nature of maritime crime in Nigerian waters is shifting from kidnapping for ransom as the number of s...
Costa Rica Cyber Ransomware Highlights Sovereign Cyber-Risk
The current cyber-attack on Costa Rica (‘B’/Stable) highlights risks to sovereigns that could increase as such attacks become more common, Fitch Ratings says...
The current cyber-attack on Costa Rica (‘B’/Stable) highlights risks to sovereigns that could increase as such attacks become more common, Fitch Ratings says...
Article / 2 years ago
Ransomware a Growing Cyber Risk for US Corporates, Financials, Govt
The frequency, severity and sophistication of ransomware attacks in the U.S. rose dramatically in 2021...
The frequency, severity and sophistication of ransomware attacks in the U.S. rose dramatically in 2021...
Article / 2 years ago
Russian Cyberattacks May Test Insurer War Exclusion Policy Language
The Russian invasion of Ukraine has increased the risk of cyberattacks and potential claim costs for property/casualty (P/C) insurers globally...
The Russian invasion of Ukraine has increased the risk of cyberattacks and potential claim costs for property/casualty (P/C) insurers globally...
Article / 2 years ago
Kronos Ransomware Attack Will Challenge Public Finance Issuers
The recent breach of Ultimate Kronos Group's (UKG) Kronos Cloud Solutions platform could pose significant, but temporary, management challenges for public finance entities that use the Kronos...
The recent breach of Ultimate Kronos Group's (UKG) Kronos Cloud Solutions platform could pose significant, but temporary, management challenges for public finance entities that use the Kronos...
Article / 2 years ago
Relentless Cyber Attacks to Pressure NFP Hospitals’ Operations
Ever-increasing cyberattacks on the US public healthcare sector will place material revenue and expense pressures on not-for-profit...
Ever-increasing cyberattacks on the US public healthcare sector will place material revenue and expense pressures on not-for-profit...
Article / 3 years ago
Cloudstar Ransomware Highlights Multiple Issuer Exposure Potential
On July 18, Cloudstar, a provider of IT security solutions and cloud hosting services to the U.S. title industry, stated...
On July 18, Cloudstar, a provider of IT security solutions and cloud hosting services to the U.S. title industry, stated...
Article / 3 years ago
Ransomware Attacks a Growing Global Security and Financial Threat
The recent proliferation of ransomware attacks underscores how cyber risk is cutting across sectors and becoming a growing global security and financial threat...
The recent proliferation of ransomware attacks underscores how cyber risk is cutting across sectors and becoming a growing global security and financial threat...
Article / 3 years ago
U.S. Cyber Insurance Market Update (Recent Economic Disruption May Alter Growth and Loss Trends)
As businesses of all sizes become aware of the evolving nature of cyber threats, more organizations are choosing to include cyber insurance coverage in management efforts...
As businesses of all sizes become aware of the evolving nature of cyber threats, more organizations are choosing to include cyber insurance coverage in management efforts...
Article / 4 years ago