cyber security News
U.S. House Committee Unveils ‘Threat-Sharing’ Cybersecurity Bill
The U.S. House of Representatives Intelligence Committee introduced on Tuesday long-awaited legislation intended to enhance information sharing between private companies and intelligence agencies ...
FIO’s McRaith: Feds Have the Backs of Insurers For Cyber Attack Threats
The federal government has the backs of insurers and their clients as they seek to protect themselves from, and adapt to, the fast-evolving threat of cyber attacks, Federal Insurance Office Director ...
Attacking Cyber Risk: NY Regulator Mandates Warranties from Insurer Vendors
Cybersecurity is likely the most important issue that the New York Department of Financial Services (DFS) will face in 2015, and perhaps for many years to come after that, New York Financial Services ...
Smaller Companies Not Embracing Cyber Risk Insurance: Treasury Dept.’s Raskin
While the overall cyber risk insurance market is growing tremendously, larger corporate clients have driven much of the expansion. Smaller companies, on the other hand, have not followed suit, Deputy ...
Hacker Group Stole Up to $1B Since 2013: Computer Security Firm
A hacker group has stolen as much as $1 billion from banks and other financial companies worldwide since 2013 in an "unprecedented cyber-robbery," according to computer security firm Kaspersky Lab. ...
Report: False Positive Cyber Security Alerts Adding Unnecessary Cost
It is common knowledge at this point that cyber attacks are increasing in their frequency, scope and cost to businesses around the world. But falsely positive cyber security alerts are also taking ...
Cyber Victims Warned Against Revenge Hacking
The hacked are itching to hack back. So say a dozen security specialists and former law enforcement officials who described an intensifying and largely unspoken sense of unease inside many companies ...
Cyber Security a Challenge for Insurers: A.M. Best
Thirteen percent of respondents to A.M. Best's Fall 2014 Insurance Industry Survey admitted that their companies had been the targets of data breaches or cyber attacks. Larger companies appear much ...