cyber attacks News

CyberCube Launches Cyber Analytics Product for Broker Market

Cyber risk analytics specialist CyberCube has launched a new software-as-a-service application designed specifically for insurance brokers called “Broking Manager.” “Broking Manager” facilitates client insight for both generalist and cyber specialist brokers, designed to help brokers quantify, understand, and explain to …

Zoom Video Login Details Put on Sale by Hackers on Dark Web: Times Report

Hackers put more than half a million login details for the teleconferencing app Zoom on the dark web, the Sunday Times newspaper reported. The logins were put up for sale at 1 pence (1.25 cents) each and were discovered and …

CyberCube Releases New Edition of Cyber Accumulation Model

CyberCube, the cyber analytics provider for the insurance industry, has released an updated version of Portfolio Manager, the cyber risk modeling platform. Portfolio Manager allows insurers to stress test re/insurance portfolios against a range of systemic cyber-related scenarios, including data …

Cyber Criminals Increasingly Will Target Top Executives in Ransomware Attacks: Report

Senior executives increasingly will be targeted by cyber criminals looking for ways to steal money from large corporations, according to a report from cyber analytics provider CyberCube. Organized criminals and hackers are moving away from high volume, low-value methods of …

Health-Care Providers See Surge in Ransomware Attacks in Europe, U.S.

When hackers broke into computers at Hammersmith Medicines Research, a London-based company that carries out clinical trials for new medicines, it was a nightmare scenario for managing director Malcolm Boyce. The coronavirus crisis was just beginning to take hold in …

UK’s Virgin Media, Owned by Liberty Global, Reports Database Breach

Virgin Media, owned by Liberty Global, on Thursday reported a breach that allowed unauthorized access to the cable company’s database that contained personal information of about 900,000 customers. The company said the breach did not happen due to a hack …

Smart Cameras, Baby Monitors at Risk from Hackers: UK Cyber Security Agency

Baby monitors and wireless cameras risk being hacked by cyber criminals unless people take security measures to protect themselves, British security experts warned on Tuesday [March 3]. Internet-connected cameras used in the home are becoming popular and affordable but security …

UK Fines Cathay Pacific $639,000 for Data-Security Lapses over 4-Year Period

Cathay Pacific Airways Ltd. was fined 500,000 pounds ($639,000) by the UK’s privacy watchdog for failing to protect customers’ data due to security lapses lasting nearly four years. The penalty is the highest the UK authority could levy under old …

Businesses Face Higher Cyber Risks via Mobile Devices – But Few Take Precautions

Although businesses are increasingly at risk for cyber attacks on their mobile devices, many aren’t taking steps to protect smartphones and tablets. That’s one of the conclusions of a report on mobile security released last week by Verizon, which found …

Russia Blamed for Massive Cyber Attack Against Nation of Georgia in 2019

Georgia accused Russian military intelligence of organizing a “paralyzing” cyber attack last year and called for a reaction by the international community. Russia’s GRU was behind the “large-scale” October 2019 attack that targeted the presidential administration, various government bodies and …