A majority of busy board members and senior executives, who are responsible for their organization’s cyber risk management, spent less than a day in the last year to focus on cyber risk issues, according to a new report published by …
Kovrr, a Tel Aviv-based predictive cyber risk modeling company, announced a $5.5 Million financing round. The funding round was led by StageOne Ventures, Mundi Ventures and Innocells (the corporate venture arm and digital innovation hub of Banco Sabadell), and other …
State biometrics laws, a new ransomware threat and the targeting of financial institutions are among the recent trends in cyber risks, according to insurer Chubb in a new report. The insurer cites a recent surge in lawsuits over biometric privacy. …
Canadian lender Desjardins Group said on Monday it spent C$70 million ($53 million) in the second quarter related to a data privacy breach earlier this year that exposed personal information of 2.9 million members. The company offered the affected accounts …
Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte refinery in Brazil despite a cyber attack in March, the firm said on Tuesday, boosting its shares. The Norwegian company’s stock rose as much as 6% in …
Specialist insurance provider CFC Underwriting has added a range of free risk management services to its insurance offering for technology companies. CFC, which is a London-based managing general agent, said it has teamed up with experts from around the globe …
Ratings agency Moody’s Corp. and Israeli cyber group Team8 launched on Thursday a joint venture to assess how vulnerable businesses are to cyber attacks and create what they hope will become a global benchmark. Cyber attacks are in focus after …
Iran has increased its offensive cyber attacks against the U.S. government and critical infrastructure as tensions have grown between the two nations, cyber-security firms say. In recent weeks, hackers believed to be working for the Iranian government have targeted U.S. …
Desjardins Group, the largest financial co-operative in North America, said an “ill-intentioned” employee illegally exposed the personal information of some 2.9 million credit union members in one of Canada’s largest data leaks. Laval police alerted the Quebec-based institution on June …
A British man who hacked TalkTalk Telecom Group Plc, blackmailed executives and offered to supply customer data has been jailed for four years. Daniel Kelley, 22, was sentenced after pleading guilty to 11 charges of hacking and blackmailing TalkTalk, London …
