Norsk Hydro Cyber Attack Exposes Risks of Global Supply Chain Disruptions March 20, 2019 By Mark Burton and Jonas Cho Walsgard The ransomware attack crippling one of the world’s top aluminum makers is exposing how crucial sophisticated digital systems have become...
Ransomware Attack on Aluminium Producer Norsk Hydro Is Similar to Other Breaches March 20, 2019 By Nate Lanxon Norsk Hydro ASA confirmed that a ransomware attack was behind production outages across the aluminum producer’s operations in Europe and...
Update: Cyber Attack at Aluminium Producer Norsk Hydro Causes Production Outages March 19, 2019 By Elena Mazneva, Jonas Cho Walsgard and Mark Burton Norsk Hydro ASA, one of the world’s biggest aluminum producers, suffered production outages after a cyber attack affected operations across...
Real Life Examples Show Why Businesses Must Boost Their Cyber Defenses March 18, 2019 By Joyce M. Rosenberg When cyber thieves attacked Empire Industries’ computer network, technology manager Rich Shemanskis could see files in the process of being...
U.K. Cyber-Security Startup Tessian Raises $40M to Support U.S. Expansion February 28, 2019 By Jeremy Kahn Sequoia Capital has backed a London-based cyber-security startup founded by a trio of former banking analysts, who were surprised how...
Financial, Reputational Costs of Cyber Attacks Can Ruin Small, Medium Firms: Chubb February 22, 2019 The average price tag for a business to recover after a cyber attack is $400,000, which can be fatal for...
‘Sextortion’ Is Emerging Cyber Risk for Businesses, Warns Beazley February 21, 2019 A new form of online bribery is emerging where cyber criminals attempt to extort cryptocurrency by claiming to have potentially...
MGA Coalition Covers Firms with Cyber Exposure Under EU’s Data Privacy Law February 20, 2019 Coalition, the San Francisco-based managing general agency that specializes in cyber insurance for small and mid-sized businesses, announced it is...
Asia-Pacific SMEs Are Over-Confident About Their Cyber Preparedness: Chubb February 15, 2019 A significant perception gap exists between the cyber awareness and cyber preparedness at small and medium enterprises in some Asia-Pacific...
Swiss Re Partners with Insurtech Firm OZON, Offering Cyber Risk Solution in France February 5, 2019 Swiss Re Corporate Solutions is expanding its cyber offering by launching CyberSolution 360°, a risk management solution that combines insurance...