A few items from the week. It’s a wide bucket for Sundays, cyber insurance, cybersecurity, and more. Some we reported on, and others we found interesting. Enjoy them and enjoy the day!
- Ransomware and increased discussion about how to address it, something sure to impact cyber insurance, Ransomware Crisis Worsens in 2023: Calls for Urgent Action to Ban Payments – Report
- Travelers, one of the largest insurance providers in the United States, expanded its cyber insurance capability. Travelers Complete Corvus Insurance Acquisition.
- Liberty Mutual Insurance Global Risk Solutions has expanded its cyber liability insurance team by appointing Elisabeth Case as Global Product Manager, Cyber.
- Huber Heights, Ohio, with the weekly reminder that no town is too small to become a victim of cybercrime. Huber Heights cyber attack: city functions restored, $350,000 spent, personal data issue in limbo.
- Noteworthy outcome concerning Merck 2017 Russia-linked “NotPetya” hack, Merck $1.4 Billion Cyberhack Settlement Ends ‘Warlike’ Act Claim.
- A reminder that giving away personal information is a way to create risk. An innocent-looking Instagram trend could be a gift to hackers, according to a cyber-security expert.
- Ransomware strikes. Cyber-attack on widely used service provider causes downtime for online museum collections.
- A hack on Insomniac Games seems more like extortion than ransomware. Some ask if this is a sign that tactics are shifting from ransom demands to outright extortion. A possible escalation in cybersecurity to watch.
- Finally, water and hacks everywhere. US water utilities targeted by foreign hackers, prompting calls for cybersecurity overhaul. “If you told me to list 10 things that would go wrong with our water authority, this would not be on the list,” said Matthew Mottes, the chairman of the authority that handles water and wastewater for about 22,000 people in the woodsy exurbs around a one-time steel town outside Pittsburgh.
