Business Leaders Spend Less Than 1 Day a Year Focusing on Cyber Risk: Marsh Survey September 18, 2019 A majority of busy board members and senior executives, who are responsible for their organization’s cyber risk management, spent less...
Cyber Risk Modeling Company Kovrr Raises $5.5 Million September 12, 2019 Kovrr, a Tel Aviv-based predictive cyber risk modeling company, announced a $5.5 Million financing round. The funding round was led...
Biometrics and Financial Firms, Ransomware Variant Among Latest Cyber Trends: Chubb August 28, 2019 State biometrics laws, a new ransomware threat and the targeting of financial institutions are among the recent trends in cyber...
Canada’s Desjardins Reports Costs of $53M Related to Data Breach August 13, 2019 Canadian lender Desjardins Group said on Monday it spent C$70 million ($53 million) in the second quarter related to a...
Cost of Norsk Hydro Cyber Attack Higher than Expected at Nearly $75 Million July 24, 2019 By Gwladys Fouche Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte refinery in Brazil despite a cyber attack...
CFC Adds Range of Risk Management Services to Tech Insurance Offering July 17, 2019 Specialist insurance provider CFC Underwriting has added a range of free risk management services to its insurance offering for technology...
Moody’s, Israel’s Team8 to Offer Business Cyber Risk Benchmark for M&As, Insurance June 27, 2019 By Tova Cohen and Ari Rabinovitch Ratings agency Moody’s Corp. and Israeli cyber group Team8 launched on Thursday a joint venture to assess how vulnerable businesses...
Iran Increases Cyber Attacks on U.S. Gov’t, Infrastructure: Cyber Security Firms June 24, 2019 By Tami Abdollah Iran has increased its offensive cyber attacks against the U.S. government and critical infrastructure as tensions have grown between the...
Canada’s Desjardins Blames Employee for Leak of Personal Details of 2.9M Customers June 21, 2019 By Doug Alexander Desjardins Group, the largest financial co-operative in North America, said an “ill-intentioned” employee illegally exposed the personal information of some...
British Hacker Gets 4 Years in Jail for TalkTalk Data Breach June 12, 2019 By Jonathan Browning A British man who hacked TalkTalk Telecom Group Plc, blackmailed executives and offered to supply customer data has been jailed...