cybersecurity News
U.S. Cyber Insurance Prices Dipped in Q1 as Capacity, Competition Grew: Marsh
Average U.S. cyber insurance prices dipped 1.7 percent in the 2018 first quarter, Marsh said in its Global Insurance Market Index for the quarter. This is the fourth time a decrease has happened in ...
Executive Viewpoint: Insurers Must Raise Their Own Cybersecurity Standards Before They Can Credibly Protect Others
Business owners, particularly those with small-to-medium-size businesses, often think of cyber risks as an information technology problem, not a management problem. They believe their IT staff or ...
Lord & Taylor, Saks Data Breach: Millions of Payment Cards May Be Compromised
Retailer Hudson's Bay Co on Sunday disclosed that it was the victim of a security breach that compromised data on payment cards used at Saks and Lord & Taylor stores in North America. One cyber ...
Cyber Crimes Are Growing and Getting More Complex in Europe
Attempts at digital espionage and online political manipulation in Europe are on the rise both in number and in complexity, the Netherlands' main intelligence agency said Tuesday [March 6] in its ...
Zurich Insurance, Others With WEF Create Fintech Cybersecurity Consortium
The World Economic Forum has led the creation of an industry consortium focused on improving the cybersecurity of financial technology companies, as collaboration between fintechs and financial ...
U.S. Insurers Underprepared for a Large Cyber Attack, Warn AIR Casualty-Cyber Seminar Panelists
Panelists speaking at the 2018 AIR Casualty-Cyber Seminar, held Feb. 27 in New York City, expressed concern that the U.S. insurance industry is underprepared to experience a large cyber attack, ...
Cyber Insurance Startup Coalition Raises $10M
San Francisco-based insurance startup Coalition has raised $10 million in new financing. The company, which launched in late 2017, sells cyber insurance and offers cybersecurity tools to small and ...
Turn Commercial Drones Into Targeted Weapons? AI Could Help Hackers Do That
Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial ...