cyber security News

Iran Hackers Targeted Airlines, Energy Firms Across Globe: Cylance Report

Iranian hackers have infiltrated some of the world’s top energy, transport and infrastructure companies over the past two years in a campaign that could allow them to eventually cause physical damage, according to U.S. cyber security firm Cylance. Aerospace firms, …

ACE Group Offers Tiered Loss Mitigation Services for Cyber

ACE Group is offering a new Loss Mitigation Services designed to help businesses reduce the possibility of cyber security attacks and data breaches from occurring, minimize potential losses, and prepare for possible regulatory or legal actions. According to recent findings …

Government Action, Insurance, Software Product Liability Urged for Cyber Security

Alarmed by mounting cyber threats around the world and across industries, a growing number of security experts see aggressive government action as the best hope for averting disaster. Even though some experts are outraged by the extent of U.S. Internet …

Smartphones Not All That Security Smart; Major Threats Revealed

Security researchers revealed two separate threats last week they say could put up to 90 percent of the world’s 2 billion plus smartphones at risk of password theft, stolen data and, in some cases, let hackers take full control of …

Protecting Brand Names from Cyber Threats – a Growth Sector

Cyber security and cyber threats are growing, both in numbers and in costs. They will certainly continue to increase as they follow the increases in Internet use and the rapid changes in how electronic information is gathered and stored. “90 …

‘Mega Trends’; Optimism at the EIF 2014 Conference; DIMA CEO Interview

Ireland has been through some difficult economic times, but this year’s European Insurance Forum, held at the Four Seasons Hotel on May 15 and 16, highlighted the progress that’s been made, and the bright prospects for the future, as well …

Experts Fear Major Attack Only Way to Stir Corporate Action on Cyber Security

After warning for years that the U.S. electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs out of their complacency. While awareness about cybersecurity has …

AIG Expands Cyber Coverage to Include Physical Risks from Cyber Events

AIG has expanded its cyber insurance offering to include property damage and bodily injury exposures. This new cyber offering provides commercial customers a way to manage physical risks to their operations from cyber attacks and cyber security failures. AIG’s expanded …

Increase in Cyber Attacks Costing Millions, Stressing Internet

Crashing websites and overwhelming data centers, a new generation of cyber attacks is costing millions and straining the structure of the Internet. While some attackers are diehard activists, criminal gangs or nation states looking for a covert way to hit …

‘Vulnerability’ in California Insurance Exchange

More than three months after it opened for business, California’s online health insurance marketplace had what federal officials described as a potential security flaw in its computer system and one that had already been disclosed publicly. The concern is noted …