Driver Privacy at Risk when Telematics Data Stored in the Cloud: Researchers April 10, 2017 Drivers’ private information can be compromised when stored in the cloud for usage-based insurance (UBI) programs, according to researchers. Using...
International, Large-Scale Cyber Attack Uncovered by Cyber Security Watchdogs April 5, 2017 A large-scale cyber attack from a group targeting organizations in Japan, the United States, Sweden and many other European countries...
New Digital Evidence Emerges of N. Korea Connection to Bangladesh Bank Heist April 4, 2017 By Jim Finkle Cyber security firm Kaspersky Lab on Monday said it had obtained digital evidence that bolsters suspicions by some researchers that...
CFC Underwriting Upgrades Global Cyber Product April 3, 2017 Specialist lines underwriting agency, CFC Underwriting, has launched a revamped and upgraded cyber insurance product for global markets. The new...
Heist of $81M from Bangladesh Bank Blamed on ‘State-Sponsored Attack’ March 30, 2017 The heist of $81 million from the Bangladesh central bank’s account at the New York Federal Reserve last year was...
Lloyd’s MGA, CFC Underwriting, Launches Cyber Incident Response App March 6, 2017 CFC Underwriting, the London-based specialist lines underwriting agency, announced the launch of a new cyber incident response application. The app...
Confusing, Costly Cyber Policies Create Obstacles to Market Growth: Deloitte March 3, 2017 By L.S. Howard Despite the rising profile of cyber risks, buyers have failed to widely embrace cyber coverage. At the same time, insurers...
Level of Cyber Risk Management for Many Firms Is ‘Unsustainable’: Swiss Re March 2, 2017 By L.S. Howard Despite increased awareness of rapidly evolving cyber threats, relatively few corporations have integrated cyber security into their mainstream risk management...
Testing of EU Banks’ Cyber Defenses Needs Common EU Approach: Official February 28, 2017 European Union countries should test bank defenses against cyber attacks using a common set of requirements, a senior EU official...
Ukraine Blames Russian Hackers for Attacks on Power Grid, Financial System February 16, 2017 By Natalia Zinets Ukraine on Wednesday accused Russian hackers of targeting its power grid, financial system and other infrastructure with a new type...