cyber insurance News
Corporate ‘Cyber Bombs’ Making Intelligence Officers Worried
A growing number of countries can hack into private computer networks and install malicious software to sabotage another country's infrastructure, Germany's domestic spy chief said on Tuesday. China, ...
Allstate Will Acquire Identity Protection Company in $525M Cash Deal
The Allstate Corp. is expanding into the identity protection space with a planned $525 million acquisition of InfoArmor Inc. Allstate will pay cash for the privately held Scottsdale, Ariz. company ...
Major Cyber Event Could Produce Significant Losses for Some Major Carriers: A.M. Best
Three of the top 20 cyber insurance providers could face "meaningful to significant gross losses" from a single-event cyber catastrophe, according to an A.M. Best report based on modeling conducted ...
Banks Strengthen Security After ATM Cyber Attack Plot Warning From FBI
Banks are on alert for new attacks targeting cash in ATMs after the Federal Bureau of Investigation warned U.S. lenders last week of a potential threat. "The FBI routinely advises private industry of ...
Report: Cyber Crime Ring Planning Massive ATM Thefts
An organized crime ring is likely to attempt a "large-scale theft" of cash from U.S. ATMs in coming days, a closely watched cybersecurity website reported. The Federal Bureau of Investigation has ...
Hackers Test Voting Systems for Breach Liabilities at Security Convention
Def Con, one of the world's largest security conventions, served as a laboratory for breaking into voting machines on Friday, extending its efforts to identify potential security flaws in technology ...
Trading Apps Leave Investors Vulnerable to Cyber Attacks: Report
Dozens of applications used for online trading by retail investors have cybersecurity vulnerabilities, some of which could lead to hackers siphoning funds from account holders, according to security ...
Hacking Programs Driven by Artificial Intelligence Feared as Next Big Cyber Problem
The nightmare scenario for computer security - artificial intelligence programs that can learn how to evade even the best defenses - may already have arrived. That warning from security researchers ...