cyber security News

5 Reasons Cyber Security Is Failing and What P/C Insurers Can Do About It

Businesses are spending a small fortune on cyber security but what they are doing is not working very well, according to a cyber security expert who sees the insurance industry as a key to improving the situation. “We have a …

Hackers Release More Unaired HBO Episodes: AP Report

Hackers have released more unaired episodes of popular HBO shows but the latest leak did not include anything on the hit series “Game of Thrones,” the Associated Press reported on Sunday. The hackers, who broke into HBO’s computer network and …

Cyber Spies with Possible Russian Links Targeted European Hotel Guests: FireEye

A cyber-spying group with suspected links to Russian military intelligence was probably behind a campaign targeting hotel guests in eight mostly European countries last month, researchers at security firm FireEye said on Friday. The espionage group, dubbed APT 28, sought …

HBO Cyber Attack – Latest in Growing Problem for Hollywood

Sony. Netflix. And now, HBO. While the 2014 hacking at Sony Pictures pushed entertainment giants to take computer security more seriously, recent incidents have exposed weaknesses throughout Hollywood’s food chain. Last week, as HBO investigated a cyber attack on its …

Businesses Need Cyber Insurance Against Government: Kroll Executive

The major risk to businesses victimized by cyber breaches is the reputational damage that can follow, damage that often comes from government regulators out to make a name for themselves, according to a former FBI agent who works in the …

Italy’s UniCredit Reveals Massive Data Breach Involving 400,000 Bank Accounts

UniCredit SpA said hackers accessed about 400,000 client bank accounts in Italy, taking biographical and loan data in one of the biggest breaches in Europe to date. The breaches occurred in September and October of 2016 and June to July …

Nearly 1.9K Reports of Cybercrime in Arkansas in 2016: FBI

There were nearly 1,900 instances of internet crime in Arkansas last year, from nonpayment scams to cyberattacks on state agencies, according to the FBI. FBI officials said the state’s attacks are a small percentage of the nearly 300,000 cyberattacks tracked …

Symantec to Acquire Israeli Cyber Security Startup Fireglass

Symantec Corp. is acquiring Israeli cyber security startup Fireglass, the company said on Thursday, in a small deal designed to boost its products that protect corporate email and web browsing from threats. Symantec is paying an undisclosed sum for the …

Major Ransomware Attack Spreads from Europe to U.S.

A new cyber attack similar to WannaCry is spreading from Europe to the U.S., hitting port operators in New York and Rotterdam, disrupting government systems in Kiev, and disabling operations at companies including Rosneft PJSC and advertiser WPP Plc. More …

Oil & Gas Industry Faces More Frequent & Sophisticated Cyber Attacks: Deloitte

Three out of four oil and natural gas companies fell victim to at least one cyber attack last year as hacking efforts against the industry become more frequent and sophisticated. That’s the finding from a report released Monday by industry …