Why hacktivism is the cyber threat to watch out for

Heightened geopolitical tensions have fueled a wave of politically motivated cyberattacks in the past year, and hacktivism, or the use of hacking to promote a political agenda or protest social injustice, is on the rise, according to a cybersecurity and insurance expert.

While hacktivism can be carried out by civilians or government actors, state-sponsored hacktivism has become a more prominent and large-scale threat amid the Russia-Ukraine war.

“I think hacktivism will be on the rise due to social, economic, and environmental instability and it’s the one threat that isn’t often paid attention,” said Mohamed Jama (pictured), vice president, the Hull Division.

A seasoned commercial insurance executive specializing in technology, cyber, and professional liability, Jama is bringing his expertise to Specialty Insurance Summit.

The live event on April 27, 2023 will feature top professionals in specialty insurance tackling issues like growing your brokerage amid economic challenges, managing catastrophe and cyber risks, and leveraging the latest technology trends.

Privateering also on the rise

Earlier this year, Canadian Centre for Cyber Security called for a “heightened state of vigilance” amid threats of attacks from Russian-aligned cybercrime groups that have vowed to retaliate against countries supporting Ukraine.