cyber attack News
Trade Secrets Stolen in Massive Cyber Attack Against Steelmaker ThussenKrupp
Technical trade secrets were stolen from the steel production and manufacturing plant design divisions of ThyssenKrupp AG in cyber attacks earlier this year, the German company said on Thursday. ...
Online Sites From N.Y. to L.A. Crashed Friday in Hacker Web-Host Siege
Millions of internet users temporarily lost access to some of the world's most popular websites Friday, as hackers hammered servers along the U.S. East Coast with phony traffic until they crashed, ...
Small Business Owners Remain Unprepared for Cyber Attacks: Nationwide
Small business owners remain woefully underprepared to address the risk of cyber attacks and respond when they happen, Nationwide found in a new survey. Just 22 percent of respondents said that they ...
Having a Data Breach Preparedness Plan Is Not Enough
Most organizations currently have a data breach preparedness plan in place, but a new study indicates that executives are not updating or practicing the plan regularly and lack confidence in its ...
Cyber Risk and the Threat of the Unknown
As new technology is developed and digital applications are rapidly becoming more prevalent, cybersecurity continues to be an evolving risk and a potential loss area for insurance companies. The ...
Cyber Terrorism a Major Concern for U.S. Businesses
U.S. businesses focused on addressing crisis management in the event of an on-premise terrorist attack may be leaving their information systems vulnerable to a cyber attack. According to The Global ...
Coverage Innovation: Why and How Ironshore Developed a Cyber Warning Endorsement
Computer Hacks. In 60 percent of cases, attackers are able to compromise an organization within minutes, according to the Verizon 2015 Data Breach Investigations Report. Data Loss.Forty-three percent ...
Lloyd’s Possibly Vulnerable to Catastrophic Cyber Attack
A review of almost 400 reinsurance contracts underwritten at Lloyd's of London has revealed potentially significant vulnerabilities and exposures if a catastrophic cyber attack should occur. Analysis ...