April 30, 2021
Political hand-wringing in Washington over Russia’s hacking of federal agencies and interference in U.S. politics has mostly overshadowed a worsening digital scourge with a far broader wallop: crippling and dispiriting extortionary ransomware attacks by cybercriminal mafias that mostly operate in …
April 7, 2021
It is well known that small and medium businesses face an ever-increasing risk of cyber attacks. Sixty-three percent reported they had experienced a cyber breach in the last 12 months, when Ponemon surveyed them in the fall 2019 prior to …
March 17, 2021
With the sophistication of cyber attacks, claims growth, and now, a global pandemic driving an increasing number of businesses toward remote work, it’s no question the cyber insurance industry has had to evolve rapidly since its onset. However, Steve Robinson, …
March 12, 2021
Ransom-seeking hackers have begun taking advantage of a recently disclosed flaw in Microsoft’s widely used mail server software, the company said early Thursday – a serious escalation that could portend widespread digital disruption. The disclosure, initially made on Twitter by …
March 8, 2021
The White House on Sunday urged computer network operators to take further steps to gauge whether their systems were targeted amid a hack of Microsoft Corp.’s Outlook email program, saying a recent software patch still left serious vulnerabilities. “This is …
March 7, 2021
More than 20,000 U.S. organizations have been compromised through a back door installed via recently patched flaws in Microsoft Corp.’s email software, a person familiar with the U.S. government’s response said on Friday. The hacking has already reached more places …
February 18, 2021
The United States has charged three North Korean computer programmers with a massive hacking spree aimed at stealing more than $1.3 billion in money and cryptocurrency, affecting companies from banks to Hollywood movie studios, the Department of Justice said on …
February 1, 2021
This post is part of a series sponsored by Hanover Insurance Group Inc. Most businesses recognize a cyberattack can have a potentially devastating effect on their operations. These same businesses have purchased insurance for traditional cyber risks, such as breaches …
January 29, 2021
Whether it was opportunity, strategy or sheer chutzpah, the suspected Russian hackers behind a massive cyber-attack revealed last month focused particular attention on technology companies, including cyber-security firms entrusted to find malicious activity in their clients’ networks. Four cyber-security companies …
January 27, 2021
There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according to global leaders in business, risk management and insurance. A trio of Covid-19 related risks — business interruption, the pandemic …