UK Fines Cathay Pacific $639,000 for Data-Security Lapses over 4-Year Period March 6, 2020 By Stephanie Bodoni Cathay Pacific Airways Ltd. was fined 500,000 pounds ($639,000) by the UK’s privacy watchdog for failing to protect customers’ data...
Businesses Face Higher Cyber Risks via Mobile Devices – But Few Take Precautions March 5, 2020 By Joyce M. Rosenberg Although businesses are increasingly at risk for cyber attacks on their mobile devices, many aren’t taking steps to protect smartphones...
Russia Blamed for Massive Cyber Attack Against Nation of Georgia in 2019 February 21, 2020 By Jake Rudnitsky and Nikos Chrysoloras Georgia accused Russian military intelligence of organizing a “paralyzing” cyber attack last year and called for a reaction by the...
Maryland Cybersecurity Bill Would Set Defense Plan for Local Agencies February 11, 2020 By Wesley Brown A new Maryland bill would ask the state’s Department of Information Technology to develop a baseline plan for localities within...
Travelex’s UK Money Transfer and Wire Services Operational After Ransomware Attack January 29, 2020 Travelex’s UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month...
Cyber Attacks in Europe, Middle East Could Be Work of Turkey-Sponsored Hackers January 27, 2020 By Jack Stubbs, Christopher Bing and Joseph Menn Sweeping cyber attacks targeting governments and other organizations in Europe and the Middle East are believed to be the work...
Major Cyber Attacks of 2019 Seen via Infographic from Cyber Risk Modeling Firm Kovrr January 23, 2020 With the number of cyber attacks on the rise, it’s natural to think that this increase of cyber attacks is...
Insurtech Firm CyberCube Calls on Insurers to Set Global Cyber-Security Standards January 22, 2020 CyberCube, an insurtech focused on cyber risk analytics, is calling on the insurance industry to set global cyber-security standards as...
Forex Firm Travelex Resumes Customer-Facing Operations After Ransomware Attack January 17, 2020 By Noor Zainab Hussain More than two weeks after a crippling ransomware attack forced Travelex staff to use pen and paper to calculate foreign...
Cyber Ranks as Top Peril for Companies Globally for 1st Time: Allianz Survey January 15, 2020 Cyber incidents rank for the first time as the most important business risk globally, pushing the perennial top peril, business...