Firms Turn to Kidnap Insurance Policies to Cover Ransomware Losses May 19, 2017 By Suzanne Barlyn and Carolyn Cohn Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup...
Novae Expands Cyber Team with Appointment of Quick from IBM May 19, 2017 Novae Group plc, the specialist listed Lloyd’s insurer, announced that Stuart Quick has joined its cyber team as breach response...
European Cyber Police Hunt for Culprits of Global Ransomware Attack May 18, 2017 By Kit Chellel Days after the global cyber attack, U.K. police are trying to figure out whether it was an established network of...
WannaCry Ransomware Hackers Threaten to Release More Malicious Code May 17, 2017 By Dustin Volz Governments turned their attention to a possible new wave of cyber threats on Tuesday after the group that leaked U.S....
Some Firms Opt to Pay Hackers’ Ransoms, but Fail to Recover Data: Opinion May 16, 2017 By Lionel Laurent Behind the rise of ransomware lies the rise of bitcoin, the virtual currency of choice for hacker blackmailers who steal...
Firms Hit by Cyber Attack Could Face Lawsuits over Lax Security: Legal Experts May 16, 2017 By Jan Wolfe Businesses that failed to update Microsoft Windows-based computer systems that were hit by a massive cyber attack over the weekend...
Many Non-U.S. Firms May Be Uninsured for Recent Ransomware Attack May 15, 2017 By Carolyn Cohn and Suzanne Barlyn Many companies outside the United States may not have cover for a recent computer-system attack, leaving them potentially with millions...
Global Cyber Attack Expected to Continue but Malware Spread Slows May 15, 2017 By Jordan Robertson and Rebecca Penty Governments and companies around the world began to gain the upper hand against the first wave of an unrivaled global...
Global Cyber Attack Temporarily Disabled by Security Specialist May 13, 2017 By Jordan Robertson The cyber attack that spread rapidly around the globe was stifled when a security researcher disabled a key mechanism used...
Ransomware Hack of UK Hospitals Part of Global Cyber Attack May 12, 2017 By Robert Hutton, Jeremy Kahn and Jordan Robertson Extortionist hackers who may be using leaked computer exploits from the U.S. National Security Agency infiltrated computers in dozens of...