cyber security News

How Hackers Use Hotel Key Cards to Break Into Rooms

By getting hold of a widely used hotel key card, an attacker could create a master key to unlock any room in the building without leaving a trace, Finnish security researchers said in a study published on Wednesday, solving a …

U.S. & U.K. Blame Russia for Global Cyber Attacks on Governments, Businesses

The United States and Britain on Monday accused Russia of launching cyber attacks on computer routers, firewalls and other networking equipment used by government agencies, businesses and critical infrastructure operators around the globe. Washington and London issued a joint alert …

Barbican Launches Cyber Resilience Product Called ‘One-Step-Ahead’

Barbican Insurance Group announced the launch of a product partnership with two cyber risk management specialists to help insureds assess and improve their cyber resilience. Called Barbican Cyber “One-Step-Ahead” (OSA), the product encompasses three critical areas of cyber resilience: cyber …

Reputational Damage from Fake News & Cyber Attacks Raise UK Business Risk: Report

Fake news threatens U.K. businesses with reputational damage as well as falling sales and share prices, adding to the growing risk from cyber attacks facing companies from local Indian restaurants to multinationals. That’s the warning from the National Cyber Security …

Biggest Scandinavian Bank Lowers Debt Costs for Firms with Strong Cyber Defenses

Nordea Bank AB will start pricing debt products to reflect threats to data as the scandal engulfing Facebook Inc. redefines corporate risk. Mathias Leijon, co-head of corporate and investment banking at Nordea in Stockholm, says his team has been thinking …

Cyber Attacks Pose Biggest Threat to Swiss Financial System: Regulator

Cyber attacks pose the biggest threat to the Swiss financial system with risks from hacking incursions on the rise, watchdog FINMA warned on Tuesday, calling on Switzerland to step up its national defenses against the menace. “The risks connected with …

TMK Launches Cyber & Services Cover to Help Combat Evolving Cyber Threat

Tokio Marine Kiln (TMK), the London-based specialist and corporate insurance business, launched Cyber Ctrl, a new insurance and services policy to protect clients against the impact of cyber attacks. Addressing an overwhelming demand for more comprehensive coverage and prevention services, …

Deloitte Taps Europol’s Wainwright to Help Run Cyber-Security Practice

Europol Executive Director Rob Wainwright is leaving the EU intelligence agency he’s led for almost a decade to help run Deloitte LLP’s cyber-security practice, as companies wake up to the growing “systemic” threat of cyber crime. The 50-year-old MI5 veteran …

Chipmaker AMD to Release Patches to Fix Microprocessor Vulnerabilities

Chipmaker Advanced Micro Devices Inc. said on Tuesday it planned to release patches to fix some of the flaws in its microprocessors pointed out by CTS Labs last week. Israeli cyber security research firm CTS Labs in its report said …

Flaws in AMD Chips Make Them Vulnerable to Hacks: Israeli Cyber Security Firm

An Israeli cyber security research firm with six employees on Tuesday said it had found flaws in Advanced Micro Devices microprocessors that made them vulnerable to hacks. AMD said it was investigating the claims, which were followed by heavy trade …