Litigation/Liability Trends
Business Interruptions Galore: Global Ransomware Attack Hobbles FedEx, Others
The global cyberattack that has been wending its way across continents since Tuesday started creating real consequences at some businesses even as the virus's spread seemed to be abating. FedEx Corp. ...
New, Massive Ransomware Attack Spreads Around the World
A new cyberattack similar to WannaCry reached parts of Asia after hitting businesses, port operators and government systems in Europe, U.S. and South America. A terminal operated by A.P. ...
I’ve been in this industry long enough to know that a great year can also be a warning sign more...
Major Ransomware Virus Attacks Servers Across Europe
A major ransomware attack on Tuesday hit computers at Russia's biggest oil company, the country's banks, Ukraine's international airport as well as global shipping firm A.P. Moller-Maersk. ...
Anthem to Settle U.S. Data Breach Lawsuits With Record $115M Payment
Anthem Inc, the largest U.S. health insurance company, has agreed to settle litigation over hacking in 2015 that compromised about 79 million people's personal information for $115 million, which ...
Cyber Attack Disrupts Some UK Parliament Communications
A cyberattack disabled some of the U.K. Parliament's communications on Saturday, disrupting the ability of lawmakers to access their email, a House of Commons spokeswoman said. In order to stop the ...
Ex-Uber CEO Alleged to Know Engineer Possessed Google Driverless Car Info
Ousted Uber Technologies Inc. head Travis Kalanick learned early last year that the engineer who until recently oversaw the company's driverless car project possessed discs of information from ...
FBI: Cybercrime Losses Reached $1.33B in 2016, a 24 Percent Rise
Losses from cyber crimes rose 24 percent in 2016 to over $1.33 billion, according to a report by the Federal Bureau of Investigation's Internet Crime Complaint Center (IC3). The center, which was set ...
Cyber Risk Rating Principles Emerge From U.S. Banks, Others
More than two dozen U.S. companies, including several big banks, have teamed up to establish shared principles that would allow them to better understand their cybersecurity ratings and to challenge ...