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Despite pleas from the feds not to pay, UnitedHealth admitted it paid threat actors to "protect patient data."
Hacktivist groups and an increase in DNS water torture attacks drove a significant spike in DDoS attacks in 2023's second half.
Overall cyber claims frequency increased 13% in 2023, while claims severity increased 10%, according to Coalition, Inc.
The RansomHub cybercriminal hacking group followed through on threats to share sensitive records stolen from Change Healthcare, despite the firm allegedly paying a $22 million ransom.
A single training session and advanced software are not enough to maintain robust cybersecurity.
Insurance industry news from Duck Creek Technologies, Agero, Marsh and more featured in weekly update.
Outdated equipment and open networks make operational technologies at industrial complexes susceptible to cyberattacks.
Cyber liability coverage is now necessary for most businesses, but it's no substitute for strong cybersecurity procedures.
If your manufacturing clients are seeing cyber premiums increase, more ransomware incidents could be why.
Cyber criminals are already using these tools to groom and streamline so-called 'social engineering' attacks.
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