ECB Cyber Stress Test Won’t Deliver Direct Capital Hit to Banks July 10, 2023 By Steven Arons and Nicholas Comfort The European Central Bank’s cybersecurity stress test next year won’t have a direct impact on capital requirements, limiting the exercise’s...
French, UK Cyber Watchdogs Say Hackers-for-Hire Are Targeting Law Firms June 30, 2023 By Raphael Satter Mercenary hackers increasingly are targeting law firms in a bid to steal data that could tip the balance in legal...
Tokio Marine Kiln Sets Up Cyber & Enterprise Risk Division June 5, 2023 Specialist insurer Tokio Marine Kiln (TMK) has established a standalone Cyber & Enterprise Risk division as part of its effort...
Posing as Islamists, Russian Hackers Take Aim at Sweden May 15, 2023 By Jordan Robertson and Niclas Rolander Since February, a mysterious hacker group calling itself Anonymous Sudan has targeted dozens of Swedish airports, hospitals and banks with...
EU Weighs Cyber Plan Aimed at Keeping Cloud Data in Europe May 15, 2023 By Jillian Deutsch and Alberto Nardelli The European Union is weighing a plan that would require cloud providers to store all of their data within the...
North Sea Nations to Develop Critical Infrastructure Security Pact April 26, 2023 By John Ainger and Michael Nienaber Security advisers from the North Sea nations agreed to work out a pact to jointly protect critical sub-sea gas pipelines...
Cyber Firm Group-IB Finalizes Exit From Russia to Spur Global Expansion Ambitions April 20, 2023 By Alexander Marrow Cybersecurity company Group-IB has finalized its exit from Russia, the group said on Thursday, cutting ties with its original market...
EU Announces $1.2B Plan to Counter Growing Cyber-security Threats April 19, 2023 By Foo Yun Chee The European Commission on Tuesday announced a 1.1-billion-euro ($1.2 billion) plan to counter growing cybersecurity threats, underscoring mounting concerns about...
TikTok’s Chinese Ownership, Security Concerns Spark Bans Across Nations April 5, 2023 The Biden administration has demanded that TikTok’s Chinese owners divest their stakes in the popular video app or face a...
Australian Lender Latitude’s Shares Slump After Hack Details Emerge March 22, 2023 By Adam Haigh Latitude Group Holdings Ltd. shares slumped as trading resumed for the Australian personal lender that disclosed details of a hack...