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National insurance news for USA insurance professionals. Read American insurance news, analysis, and interviews with leaders in the US insurance industry.
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News
Ransomware attack reaches Victorian business through external technology provider
1+ day, 11+ hour ago (655+ words) A 20-person engineering company in Port Melbourne is the latest business to find that a ransomware attack does not need to enter through its own systems. Macquarrie Corporation, which provides diesel engine and machinery management services across Australia and New…...
IRGC hacking case tests what cyber policies actually cover
3+ week, 3+ day ago (507+ words) A federal indictment unsealed Tuesday charges 17 members of an Iran-based hacking group with a years-long, state-directed campaign against American universities, companies, and government agencies. For the cyber insurance market, the charges bring into sharp focus the type of IRGC-linked commercial…...
Ransomware groups have stopped locking your clients’ files. Now they just steal them
3+ week, 4+ day ago (655+ words) Insurance Business Ransomware groups have stopped locking your clients’ files. Now they just steal them The old "restore from backup and move on" playbook doesn't work like it used to There was a time when a ransomware attack had a…...