Wind Turbine Maker Vestas’ Shares Drop as Cyber Attack Risks Output Delays November 22, 2021 By Christian Wienberg and William Mathis Shares in Vestas Wind Systems A/S dropped to a two-week low after one of the world’s top makers of wind...
Insurers Cut Their Appetite for Cyber Cover as Ransomware Losses Mount November 19, 2021 By Carolyn Cohn LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove...
EU Cybersecurity Agency Warns of Threat From Hackers-for-Hire October 28, 2021 By Foo Yun Chee Hackers-for-hire emerged as the biggest threat to online security in the last 15 months, with the COVID-19 pandemic and home...
Lockton Launches Silent Cyber Property Solution for Businesses October 20, 2021 Lockton, the privately-owned independent insurance broker, has launched its Silent Cyber Property Solution, a standalone policy that covers businesses against...
Biz Interruption, Recovery Costs Drive Financial Losses From Cyber Attacks: Report October 14, 2021 By L.S. Howard During the COVID-19 crisis, global cyber attacks skyrocketed in a digital pandemic driven by ransomware, according to a report published...
What Corporations Can Do to Avoid Ransomware Attacks October 14, 2021 Allianz Global Corporate & Specialty (AGCS) has published a checklist of cyber risk management recommendations to help prevent ransomware attacks....
Russia Arrests Top Cyber Security Exec, Sending Shockwaves in Business Community October 1, 2021 MOSCOW (AP) – Russian authorities have arrested an executive of a top cyber-security company on the charges of high treason,...
Re/Insurance Cyber Rates Could Double Before 2023, as Attacks Skyrocket: S&P September 30, 2021 By L.S. Howard The pandemic caused economic and insured losses from cyber attacks to skyrocket, which has heightened awareness of the risk and...
States Struggle to Recruit and Retain Cyber-Security Pros September 28, 2021 By Kathleen Foody CHICAGO (AP) — Austin Moody wanted to apply his cyber-security skills in his home state of Michigan, teaming up with...
Biden Administration Targets Crypto Pipelines in Fight Against Ransomware Attacks September 22, 2021 By Kartikay Mehrotra and Jennifer Jacobs The Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it...