Cyber security breaches erode companies’ share prices permanently, with financials the worst hit, a study issued by IT consultant CGI and Oxford Economics has found. Severe cyber security breaches, such as those having legal or regulatory consequences, involve the loss …
Beazley has introduced a suite of breach preparedness services tailored to the needs of policyholders outside the U.S. The insurer has partnered with privacy specialist lawyers DAC Beachcroft; IT security specialists CGI Group; and international strategic communications consultancy Communications & …
Space, the ‘final frontier’, is rapidly becoming an extra-terrestrial battleground for corporate espionage and other types of cyber attack as hackers seek to gain commercial advantage from rival networks operating in the $330-billion space economy. At the same time, a …
Massachusetts health care officials said on June 20 they’ll pay the lead contractor on the state’s hobbled health insurance website an additional $35 million to close out the contract. That means the CGI Group, which has already been paid about …
Massachusetts and Vermont are withholding payments and considering legal options against the contractor that set up the states’ problem-plagued health insurance websites. Massachusetts has paid $11 million of its $69 million contract with CGI Group, a Montreal-based information technology company. …
