Articles by Alastair Sharp and Jim Finkle

Canada Concerned About Cyber Attacks Targeting Critical Infrastructure: Source

The Canadian government is “really worried” about cyber attacks that have targeted critical infrastructure and has helped companies improve their defenses without disclosing hacks to the public, a senior intelligence official said on Monday. The comment by Scott Jones, an …

Hackers Target Canada Miners, Casinos, Demanding Bitcoin Ransoms: FireEye

The same hacker targeting Canadian casinos and mining companies for extortion since 2013 is planning more attacks, researchers at cyber security company FireEye Inc said in a report on Friday. FireEye said it believes that a single hacker or hacking …

Hackers’ Ransom Demands Rise as Victims Keep Paying: Symantec

Hackers are demanding increasingly hefty ransoms to free computers paralyzed with viruses, as cyber criminals seek to maximize profits from large numbers of victims willing to pay up, according to cyber security firm Symantec Corp. The average demand embedded in …

Cyber Thieves Hit 1,200 U.S. Hotels in InterContinental Chain

Global hotel chain InterContinental Hotels Group Plc said 1,200 of its franchised hotels in the United States, including Holiday Inn and Crowne Plaza, were victims of a three-month cyber attack that sought to steal customer payment card data. The company …

Aviva Canada Aims to Offer Ride-Sharing Insurance, with Uber Drivers in Mind

Aviva Canada aims to offer ride-sharing insurance to Ontario drivers who use their own vehicles to carry paying passengers starting next month, a service that could solve a major headache for ride-hailing company Uber Technologies Inc. The Canadian subsidiary of …

Fairfax Consortium Bids $4.7 Billion to Take BlackBerry Private

Smartphone maker BlackBerry has agreed to go private in a $4.7 billion deal led by its biggest shareholder, allowing the on-the-go email pioneer to regroup away from public scrutiny after years of falling fortunes and slumping market share. The $9 …

Fairfax Prem Watsa Brings Hope to RIM’s Restless Shareholders

The arrival of the man known as “the Warren Buffett of North” on Research In Motion’s board this week offers a ray of hope to the BlackBerry maker’s impatient shareholders after their disappointment that an insider was named new chief …

BlackBerry Maker Scrambles to End Global Outage; Repair Damage to Brand

The company that makes the BlackBerry smart phone is working frantically to end a three-day global service disruption that has frustrated millions of its customers and pumped up pressure on its management to make sweeping changes. Research In Motion [RIM], …