With firewalls no longer seen as enough of a defense against security breaches, companies are looking at new tools to foil hackers trying to enter a computer network. U.S. and Israeli startups are leading the way, with new approaches such …
Marsh has launched “Cyber ECHO”, a global excess cyber risk facility that provides more reliable insurance coverage for organizations around the world. Following a series of high-profile cyber losses, underwriters have become more selective and may actually reduce the amount …
Islamic State and other militants are very likely to attempt big new attacks in Europe following those in Paris, the EU’s police agency said on Monday, echoing previous warnings by senior security officials. The assessment was based on discussions concluded …
U.S. Department of Homeland Security investigations of cyber attacks on the nation’s critical manufacturing sector nearly doubled in the year ended Sept. 30, according to the agency. The Department of Homeland Security’s Industrial Control Systems Cybersecurity Emergency Response Team, or …
Hackers likely caused a Dec. 23 electricity outage in Ukraine by remotely switching breakers to cut power, after installing malware to prevent technicians from detecting the attack, according to a report analyzing how the incident unfolded. The report from Washington-based …
Cyber attacks on the private sector are an increasingly important risk in corporate credit analysis, U.S. ratings agency Moody’s Investors Service said this week. The threat of computer hacking varies from sector to sector and remains hard to measure because …
Only one-third of insurers in the London market believes their firm could withstand a major cyber attack, and almost half felt they were underprepared, according to a survey conducted by Xchanging plc, the U.K. business technology and services provider. Insurers, …
The US and British governments will hold a joint exercise to test cyber security and information sharing arrangements involving global financial institutions, according to the UK National Computer Emergency Response Team (CERT). The initiative will not be a “war game” …
Space, the ‘final frontier’, is rapidly becoming an extra-terrestrial battleground for corporate espionage and other types of cyber attack as hackers seek to gain commercial advantage from rival networks operating in the $330-billion space economy. At the same time, a …
Cyber and IT-related risks top the list of what keeps CEOs and risk managers awake at night, according to the 2015 International Business Resiliency Survey, conducted by Marsh and Disaster Recovery Institute International (DRII)*. “Cyber and other IT-related risks are …
