Symantec News

BHSI Launches Cyber Liability Cover in Australia; Osgood Leads Product Line

Berkshire Hathaway Specialty Insurance Company (BHSI) announced it has introduced cyber liability insurance in Australia and named Emma Osgood as head of Cyber Liability in the region. BHSI is focusing on the mid-to-large-tier market segment and will tailor solutions for …

Hackers Target SE Asian Banks, Revealing Campaign Against SWIFT Network

Investigators are examining possible computer breaches at as many as 12 banks linked to SWIFT’s global payments network that have irregularities similar to those in the theft of $81 million from the Bangladesh central bank, according to a person familiar …

Carpenter Forms Partnership with Symantec to Create Cyber Aggregation Model

Guy Carpenter & Co., the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Cos., has formed a strategic alliance with cyber security specialist Symantec Corp. to create a cyber aggregation model. Cyber attacks are estimated …

Apple Ransomware Attack Thwarted Before Large Number of Computers Infected

The first known ransomware attack on Apple Inc.’s Mac computers, which was discovered over the weekend, was downloaded more than 6,000 times before the threat was contained, according to a developer whose product was tainted with the malicious software. Hackers …

Hackers, Spies Hired to Fight Cyber Attacks

It’s a seller’s market for the cyber war’s special forces. Just ask Scott Davies, 30, who left a career snooping on Australia’s enemies in December for a similar gig at FireEye Inc. Or Brian Varner, 35, who swapped a job with the U.S. …

Hackers Increasingly Target Banks, Corporations Instead of Consumers

Hackers are increasingly stealing directly from banks and other companies and helping organized crime to operate more efficiently, according to the chief of cyber-security firm Kaspersky Lab. Examples range from infecting cash machines to dispense all their money to thieves, …

Companies Should Assume Cyber Attackers Are Already Inside: McAfee

Companies seeking to shield valuable data from criminals and government spying should assume the attackers have already penetrated their systems and adjust defensive strategies, security firms McAfee and Symantec Corp. said. “You must assume something is going on and you …

New Malware Called ‘Regin’ Targets Firms in at Least 10 Countries

An unidentified nation may have developed a “highly complex” surveillance tool that targeted companies and other victims in at least 10 countries including Russia and Mexico, Symantec Corp. researchers said. The tool, a malware dubbed “Regin,” has been been used …

Hacker Group in China Linked to Cyberattacks Against U.S. Firms: Symantec

Computer security experts have discovered a group of highly sophisticated computer hackers operating for hire, a U.S computer security firm said on Tuesday, and it linked the group to some of the best-known cyber-espionoge attacks out of China in recent …

California AG Sues Apparel Makers in China and India over Pirated Software

California Attorney General Kamala D. Harris filed lawsuits on Thursday against two international apparel manufacturers for gaining an unfair advantage over American companies by using pirated software in the production of clothing imported and sold in the state. The companies, …