corporate cybersecurity News

U.S. Warns Partners, Industrial Firms About Russian Hacking Operation

The U.S. National Security Agency on Thursday warned government partners and private companies about a Russian hacking operation that uses a special intrusion technique to target operating systems often used by industrial firms to manage computer infrastructure. “This is a …

Companies That Are Open About Cyber Risks Fare Better With Investors

Research finds that when one company experiences a cybersecurity breach, other companies in the same field also become less attractive to investors. However, companies that are open about their cybersecurity risk management fare significantly better than peers that don’t disclose …

Cyber Risks Are Jeopardizing M&A Deals

Cybersecurity issues are increasingly becoming a concern in mergers and acquisitions, a new survey shows, and lapses can jeopardize deals or haunt purchasers long after the deal is done. Of more than 2,700 information technology and business decision makers surveyed …

Learning from Equifax Breach Where Growth Outpaced Security

Equifax Inc. failed to modernize its technology security to match the company’s aggressive growth strategy and data gathering, a shortcoming that left it open to the 2017 hack that compromised the information of 148 million people, according to a House …

Marriott Starwood Assessing Impact of 4-Year Long Data Breach

Marriott International said on Friday hackers stole about 500 million records from its Starwood Hotels reservation system in an attack that began four years ago, exposing personal data of customers including some payment card numbers. Shares of the company were …

Lax Cyber Security Could Be Federal Law Violation, SEC Warns

Public companies that fail to tighten their cyber security controls could be violating federal law, the U.S. Securities and Exchange Commission (SEC) said on Tuesday. The regulator’s warning came in the form of a report on its investigation to assess …

Cybersecurity Tops D&O Liability Risks

Cybersecurity is the top directors and officers (D&O) liability concern for organizations today, while claims brought by employees, including claims for harassment or discrimination, and regulatory enforcement risks are also critical D&O exposures. According to Willis Towers Watson’s 2018 Management …

8 Ways Cyber Threats and Business Security Will Change This Year: Aon’s Predictions

As cyber attacks increasingly threaten business and grow in volume and scale, companies will be forced to take new measures to address cybersecurity risk holistically, integrating it more aggressively into their enterprise risk management, according to insurance broker Aon’s cyber …

Google Parent Alphabet Enters Cyber Security Market with Chronicle

Alphabet Inc. launched a new business unit on Wednesday that will sell cyber security software to Fortune 500 companies, the latest move by the parent of Google to become a big player in corporate computing. The new unit, dubbed Chronicle, …

Express Scripts Fight Over Cyber Disclosure Reaches SEC

The U.S. Securities and Exchange Commission will review a dispute between Express Scripts Holding Co. and New York State Comptroller Thomas DiNapoli over his effort to force the prescription-benefits manager to increase cyber-risk disclosures. Express Scripts told the SEC last …