Global incidents:

SolarWinds Cyberattack

In 2020, a major cyberattack suspected to have been committed by a Russian government-backed group affected thousands of organisations globally.

Specialists in Ransomware

Latest news

Dismissal Motion Largely Denied in the SolarWinds Cybersecurity-Related Securities Suit - D&O Diary

As I have noted in prior posts on this site, plaintiffs’ lawyers’ claims in cybersecurity-related D&O lawsuits recently have...

dandodiary.com / Article / 8 months ago

Cyber IQ - What SolarWinds means in a Cyber Insurance Context

In early December 2020, FireEye – a prominent cyber security company – reported a breach to their systems, announcing some of their cyber tools had been compromised by a sophisticated threat actor...

Report / 2 years ago

SolarWinds investors allege board knew about cyber risks - Business Insurance

SolarWinds Corp. investors have sued the software company's directors, alleging they knew about and failed to monitor cybersecurity risks to the company ahead...

businessinsurance.com / Article / 1 year ago

Hackers of SolarWinds stole data on U.S. sanctions policy, intelligence probes - Reuters

The suspected Russian hackers who used SolarWinds and Microsoft software to burrow into U.S. federal agencies...

reuters.com / Article / 1 year ago

Wide-ranging SolarWinds probe sparks fear in Corporate America - Reuters

A U.S. Securities and Exchange Commission investigation into the SolarWinds Russian hacking operation has dozens of corporate executives fearful information unearthed...

reuters.com / Article / 1 year ago

SolarWinds says unknown hackers exploited newly discovered software flaw - Reuters

Software company SolarWinds (SWI.N) says that unknown hackers exploited a previously unknown...

reuters.com / Article / 1 year ago

Denmark's central bank exposed in SolarWinds hack, media report says - Reuters

Denmark's central bank was compromised in last year's global SolarWinds hacking operation, leaving...

reuters.com / Article / 1 year ago

Microsoft Finds New Breach When Probing Suspected SolarWinds Hackers

Microsoft said on Friday an attacker had won access to one of its customer-service agents and then used information from that to...

Article / 1 year ago

SEC probing SolarWinds clients over breach disclosures - Business Insurance

The SEC has opened a probe into last year's SolarWinds cyber breach, focusing on...

businessinsurance.com / Article / 1 year ago

SolarWinds hackers launch email attack on government agencies - Counterterror Business

Microsoft has said that the Russian SolarWinds hackers launched a targeted phishing assault...

counterterrorbusiness.com / Article / 2 years ago

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Market views on Ransomware

Fighting back against ransomware - IB

Desmond Devoy, of Insurance Business, sat down with Taylor Downhour, Lead Underwriter – Cyber & Tech, at Tokio Marine HCC – Cyber & Professional Lines Group, to discuss cyber security...

Tokio Marine HCC / article

Cyber liability 2022 year in review and look ahead to 2023

The cyber market finally began to stabilize in the third and fourth quarters of the year, largely thanks to renewed competition between markets, a decrease in median ransomware payments during...

WTW / article

What's Next for Cyber?

Probably over the next three to five years, I think ransomware will continue to be one of the biggest challenges they face...

Tokio Marine Kiln / video

Cyber criminals return for seconds after ransomware payments

Over a third (36%) of companies who paid a ransom to cyber criminals went on to be targeted for a second time, according to the latest Cyber Readiness Report released by specialist insurer Hiscox...

Hiscox Group / pressrelease

Cyber Insurance: Next stop, LATAM

This year BEC and ransomware top the list of cyber incidents around the world, taking an estimated 70% of the total incident response cases...

RPC / article

Cobalt strike infection prevention case study

In this case study, we look at a hospital that very nearly fell victim to a ransomware attack called ‘Cobalt Strike.’ Luckily, the hospital was insured by CFC...

CFC / article

CFC - Client advisory: CFC warns of new “BazarCall” attack method

The new attack method has been growing in use among well-known ransomware groups and was responsible for 10% of malware incidents observed by CFC last quarter...

London Makes It Possible / article

CFC warns of new “BazarCall” ransomware attack method

CFC warned brokers and their clients of an emerging method of ransomware attack – dubbed ‘BazarCall’ – which is targeting small businesses...

CFC / pressrelease

Insurers revisit cyber coverage as demand, premiums spike

Axa XL's Rachel Rossini said the rise in ransomware attacks has forced the company to re-underwrite its cybersecurity book...

S&P Global Market Intelligence / article

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...

Fitch Ratings / article

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