cyber security risks News

EU Weighs Wider Scope for Cybersecurity Certification Scheme: Proposal

The European Union is considering broadening the scope of proposed cybersecurity labeling rules that would affect not just Amazon, Alphabet’s Google and Microsoft but also banks and airlines, according to the latest draft of the rules. The EU move to …

Siemens, Ericsson Warn Proposed EU Cybersecurity Rules May Disrupt Supply Chains

Electronics makers Siemens, Ericsson and Schneider Electric, along with industry group DigitalEurope warned on Monday that onerous proposed EU rules targeting cybersecurity risks of smart devices could disrupt supply chains on a scale similar to during the pandemic. Proposed by …

‘Smart’ Appliances, Ventilation Systems Are New Hacker Targets: Cyber Experts

Hijacking “smart” toasters and refrigerators and hacking corporate ventilation systems are among the new threats envisioned by cyber security experts as an increasing array of items are connected to the internet. The Internet of Things, a movement that seeks to …

Penn National Insurance Adds Cyber Security Coverage

Penn National Insurance will begin offering cyber security insurance coverage as part of its commercial lines product offerings. Cyber security insurance provides coverage for expenses and exposures associated with a data breach, such as notification of a breach and remediation …

CFC Partners With Cyber Security Ratings Firm to Evaluate Insureds’ Cyber Risk

Specialist lines underwriting agency CFC has formed a partnership with cyber security ratings agency, BitSight Technologies. CFC will use BitSight’s ratings tool to provide insight into the cyber threats that their clients face. Ratings are calculated on a daily basis …

New York AG to Propose Legislation to Strengthen Data Security Law

New York Attorney General Eric Schneiderman will propose legislation on Thursday that he says would make the state’s data security law the strongest in the country and require “unprecedented safeguards” for personal data. Schneiderman’s proposal seeks to broaden the scope …

UN Warns of ‘Vulnerabilities’ in Mobile Phone SIM Cards as Cyber Security Risk

A United Nations group that advises countries on cyber security, plans to send out an alert about significant vulnerabilities in mobile phone technology that could potentially enable hackers to remotely attack at least half a billion phones. The bug, discovered …