Cyberattacks have surged in 2021 and are poised to surpass 2020's record number of cybercrime incidents.
The U.S. alone has seen several high-profile attacks within the first half of this year, including a breach at CNA Insurance and the attack against the Colonial Pipeline that resulted in the shut down of the nation's largest fuel pipeline.
Most recently, an estimated 800 to 1,500 businesses worldwide were affected by a ransomware attack on Friday, June 2, when Russian hackers infiltrated the Miami-based software maker Kaseya that provides technology services to tens of thousands of organizations. The incident even prompted President Joe Biden to state that he plans to confront President Vladimir Putin about the recent ransomware attacked tied to Russian cyber gangs.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Heather A. Turner
Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].
