Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Bloomberg Interview with Lloyd’s CEO Beale in Davos: Economic Outlook, Asia Growth, Cyber, Brexit and More
Jan 26 2018 // Lloyd’s of London, the world’s oldest insurance market, is experiencing year-on-year growth of 100 percent in some of its Asian markets, where growing economies are fueling demand for cover from the...
Cyber VC Firm, Advised by Ex-Intelligence Officials, Plans Europe M&As
Jan 26 2018 // A venture capital fund advised by former British and U.S. intelligence officials is planning a string of acquisitions to create a pan-European cyber security specialist. C5 Capital aims to create a regional managed...
Google Parent Alphabet Enters Cyber Security Market with Chronicle
Jan 25 2018 // Alphabet Inc. launched a new business unit on Wednesday that will sell cyber security software to Fortune 500 companies, the latest move by the parent of Google to become a big player in corporate computing. The new unit,...
WPP’s CEO Provides Insights from His Advertising Firm’s Cyber Attack
Jan 24 2018 // Top executives rarely spill the beans in public when their companies are hacked. WPP Plc’s Chief Executive Officer Martin Sorrell, at a Bloomberg event Wednesday in Davos, provided extensive insight into the cyber...
KKR-Backed Optiv Plans to Offer Cyber Security Services in Europe
Jan 24 2018 // Optiv Security, an acquisitive Denver-based company backed by private equity firm KKR, is expanding into Europe where it will offer its cyber security management and consultancy services, executives said on Tuesday. Optiv...
Beazley Adds Post-Breach Services to Cyber Coverage for Small, Mid-Sized Policyholders
Jan 24 2018 // Beazley has further enhanced its Beazley Breach Response (BBR) coverage for small and mid-sized policyholders in the U.S. In conjunction with Lodestone Security, a specialist advisory firm and wholly owned subsidiary of...
Express Scripts Fight Over Cyber Disclosure Reaches SEC
Jan 24 2018 // The U.S. Securities and Exchange Commission will review a dispute between Express Scripts Holding Co. and New York State Comptroller Thomas DiNapoli over his effort to force the prescription-benefits manager to increase...
$19 Billion in Potential Losses from Cloud Services Failure Mostly Uninsured: Lloyd’s, AIR
Jan 23 2018 // A cyber problem that temporary shuts down a top U.S. cloud computing provider could trigger as much as $19 billion in business losses, only a fraction of which would be insured, Lloyd’s of London said in a report on...
Idaho School Trying to Recover Data Weeks After Ransom-Seeking Cyberattack
Jan 23 2018 // Nearly six weeks after being hit by a massive ransomware cyberattack, the Jerome School District is still working to recover. On Dec. 11, school district officials found out much of its data was encrypted. Each affected...
Filing Deadline Approaching for New York’s Cybersecurity Regulation
Jan 23 2018 // New York Department of Financial Services Superintendent Maria T. Vullo has reminded all regulated entities and licensed persons covered by the Department of Financial Services’s (DFS) cybersecurity regulation that...
Companies Across Globe Race to Comply with EU’s Data Protection Law
Jan 22 2018 // Business is booming for software and privacy experts as companies across the globe spend millions of dollars to comply with a landmark European data protection law, even as many uncertainties remain about how the rules...
Cyber Attacks on U.S. Power Grids Can Be Deterred With Password Changes
Jan 22 2018 // A key to preventing cyber attacks from crippling U.S. power grids could be changing passwords on internet routers, wifi-connected thermostats and smart lawn-sprinklers. “A significant share” of internet attacks...
Lebanon Spy Agency Turns Smartphones into Spycams in 21 Countries: Researchers
Jan 19 2018 // Lebanon’s intelligence service may have turned the smartphones of thousands of targeted individuals into cyber-spying machines in one of the first known examples of large-scale state hacking of phones rather than...
U.S. Banks Face Growing Threat from Cyber Attacks: New Bank Regulator
Jan 19 2018 // U.S. banks are facing a growing threat from cyber attackers and making defense against them more complex by relying on third-party firms for support, according to a report released Thursday by Joseph Otting, the Trump...
Silent Cyber Included in Willis Re’s Cyber Risk Portfolio Modeling Tool PRISM-Re
Jan 18 2018 // Willis Re, the reinsurance business of Willis Towers Watson, the global advisory and broking company, has upgraded its cyber risk portfolio modeling tool PRISM-ReTM to include “silent cyber.” Willis Re defines...
Business, Political Leaders List Cyber Attacks, Geopolitical Tensions as Top Concerns: WEF Survey
Jan 18 2018 // The threat of large-scale cyber attacks and a “deteriorating geopolitical landscape” since the election of U.S. President Donald Trump have jumped to the top of the global elite’s list of concerns, the...
Cyber Incidents Most Feared BI Trigger for Global Companies: Allianz Risk Report
Jan 17 2018 // Business interruption and cyber incidents interlink as the major threat facing companies over the coming year, according to a report published by Allianz Global Corporate & Specialty (AGCS). Allianz revealed that...
Senators Propose Heavy Fines for Credit Agencies Over Privacy Data Breaches
Jan 12 2018 // Two Senate Democrats are proposing large new fines for credit reporting agencies that lose consumers’ personal information in data breaches, according to a bill they introduced on Wednesday. The bill would impose...
UK Fines Mobile Phone Retailer Carphone Warehouse over 2015 Data Breach
Jan 10 2018 // Britain’s information regulator said on Wednesday it had fined Carphone Warehouse 400,000 pounds ($539,400) after a 2015 cyber attack exposed the personal data of more than 3 million customers. The Information...
Wary Businesses Test Fixes for Chip Flaws Before Installing
Jan 8 2018 // Chances that a fix to a major microchip security flaw may slow down or crash some computer systems are leading some businesses to hold off installing software patches, fearing the cure may be worse than the original...
