In the words of one expert: "The theft of customer policies is the Sword of Damocles that has been hanging over the cyber insurance industry since its inception."
A California state agency was victimized by a phishing incident last week in which an employee clicked on a link that provided access to the employee’s account for some 24 hours.
Because of the disruptions caused by the ransomware incident, Sierra Wireless withdrew the Q1 2021 financial guidance provided Feb. 23, indicating a potential impact to the bottom line.