The European Central Bank’s cybersecurity stress test next year won’t have a direct impact on capital requirements, limiting the exercise’s potential repercussions for investor payouts. The test will be a learning experience for lenders and the supervisor, ECB officials said …
Mercenary hackers increasingly are targeting law firms in a bid to steal data that could tip the balance in legal cases, French and British authorities say, echoing a Reuters investigation that uncovered the phenomenon last year. In a pair of …
Specialist insurer Tokio Marine Kiln (TMK) has established a standalone Cyber & Enterprise Risk division as part of its effort to expand its presence in the cyber market. Led by Laila Khudairi, the Cyber & Enterprise Risk division comprises cyber, …
Since February, a mysterious hacker group calling itself Anonymous Sudan has targeted dozens of Swedish airports, hospitals and banks with distributed denial-of-service attacks, ostensibly in response to the burning of a Koran in front of the Turkish embassy in Stockholm …
The European Union is weighing a plan that would require cloud providers to store all of their data within the bloc in order to qualify for its highest cybersecurity certification. ENISA, the EU’s cybersecurity regulator, is drawing up the new, …
Security advisers from the North Sea nations agreed to work out a pact to jointly protect critical sub-sea gas pipelines and power cables, telecoms connections and wind farms. Several nations attending the North Sea Summit in Belgium on Monday will …
Cybersecurity company Group-IB has finalized its exit from Russia, the group said on Thursday, cutting ties with its original market in an effort to spur its global expansion ambitions. Punitive Western sanctions against Moscow since it sent tens of thousands …
The European Commission on Tuesday announced a 1.1-billion-euro ($1.2 billion) plan to counter growing cybersecurity threats, underscoring mounting concerns about a series of high-profile hacking incidents. The growing use of cyber warfare in the military conflict between Russia and Ukraine …
The Biden administration has demanded that TikTok’s Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters this week. The move follows the introduction of a new U.S. legislation that …
Latitude Group Holdings Ltd. shares slumped as trading resumed for the Australian personal lender that disclosed details of a hack almost a week ago. The stock lost 16% as of 11:40 a.m. in Sydney trading. Hackers stole more than 103,000 …
