cybersecurity News
U.S. Port Online Attack Vulnerability Leads to Heightened Cybersecurity
President Joe Biden on Wednesday signed an executive order and created a federal rule aimed at better securing the nation's ports from potential cyberattacks. The administration is outlining a set of ...
The Art of Managing Cyber Risk for Museums
Cyber attacks are a concern for many industries, and the museum sector is no exception. As more museums and cultural institutions are using technology to display digital works, manage internal ...
Global Ransomware Attacks Reach Record High in 2023, Says Corvus
Despite law enforcement actions, fourth-quarter 2023 ransomware incidents still surpassed 2022 by nearly 70 percent, and the number of active ransomware groups grew by 34 percent. Corvus Insurance ...
Manufacturing Sector Subject to More Cloud Attacks Than Other Industries
A new survey of more than 1,600 IT and security professionals spanning more than 100 countries casts light on cyber attacks and their targets, with the manufacturing sector suffering the most attacks ...
Title Insurer Reports Another Cybersecurity Event; Fitch Monitoring Ratings
Less than a month after New York insurance regulators said a title insurer would pay $1 million for violations of a cybersecurity regulation stemming from a 2019 breach, the holding company for the ...
U.S. Regulators Add ArtificiaI Intelligence to Potential Financial System Risks
Rapid adoption of artificial intelligence (AI) could create new risks for the U.S. financial system if the technology is not properly supervised, a panel of regulators warned ...
Fundamentals for Cyber Carriers When Structuring Coverage
The cyber insurance industry is maturing and evolving rapidly following years of escalating cyber incidents and colossal payouts. With the vast financial implications of cybercrime, insurance ...
Costs of Small Business Cyber Attacks Are Down But Frequency Is Up, Says Hiscox
The less-than-encouraging news: Only 33 percent of U.S. small businesses consider cyber risk high or very high.
The somewhat encouraging ...
Schools Look to Improve Cybersecurity, but Many Vulnerable to Ransomware
Some K-12 public schools are racing to improve protection against the threat of online attacks, but lax cybersecurity means thousands of others are vulnerable to ...