President Joe Biden said on Tuesday the ransomware attack centered on the Florida information technology firm Kaseya seems to have inflicted only “minimal damage” on American businesses. “It appears to have caused minimal damage to U.S. businesses, but we’re still …
This week’s Lowdown features two informative reports, the current State of Cybercrime, by RSA and Top Myths of Cyber Risk for Small & Medium-Sized Businesses, by Relation. Combined, these two reports offer you insights into the cyber risks facing you …
San Francisco has filed a lawsuit against Equifax, becoming the first city in the country to sue the credit reporting company over a massive data breach that exposed the personal information of about 143 million Americans. The city’s lawsuit in …
Chubb has broadened its enterprise risk management options for Chubb commercial cyber policyholders in the United States and Canada. Two new policy forms, Cyber Enterprise Risk Management (Cyber ERM) and DigiTech Enterprise Risk Management (DigiTech ERM), combine cyber insurance with …
Eduard Goodman, chief privacy officer of Scottsdale, Ariz.-based IDT911, an identity theft protection firm, isn’t too high on the industry’s knowledge of cyber insurance, cybercrime and data theft. Goodman assigned a grade of C- when asked to assess the average …
Cyber-thieves see new credit card chip technology being adopted by U.S. retailers closing a lucrative window of opportunity to steal your data. So they want to move fast. “We’ve actually seen a number of discussions, in some cybercrime communities, where …
The South Carolina Revenue Department’s massive 2012 data breach gave Gov. Nikki Haley a firsthand lesson on the need for efforts to counter cybercrime, she said Wednesday. “Today, there is never a day I don’t think about cybersecurity,” Haley told …
Cyber thieves who steal credit and debit card numbers are making millions of dollars in profits, fueling a global criminal enterprise marked by the high-profile data breaches of major companies such as Target and Home Depot. On average, a batch …
President Barack Obama vowed on Monday that the United States would aggressively bolster its cyber defenses, as U.S. officials said the probe into a massive breach of federal government networks has yielded growing signs of a direct Chinese role. Obama …
Attorney General Loretta Lynch this week urged greater cooperation between the government and private industry to combat computer hackers, a key component of a new cyber- attack playbook released by the Justice Department. Speaking to a gathering of government and …
