cyber attack News

Clinton Email Server Open to Cyber Attack

The private email server running in Hillary Rodham Clinton’s home basement when she was secretary of state was connected to the Internet in ways that made it more vulnerable to hackers while using software that could have been exploited, according …

New Research Center Funded by $12.2M Grant to Focus on Power Grid Cybersecurity

The U.S. Department of Energy is providing a $12.2 million grant to the U of A and research partners to protect and strengthen the power grid. University of Arkansas engineering researchers, focused on solid-state solutions to upgrade the U.S. power …

Travelers Consumer Risk Index: Cyber Threat Concerns Continue to Rise

More people than ever are concerned about cyber threats, according to the latest Consumer Risk Index released by Travelers. The third annual index of 1,029 survey respondents found that cyber-related concerns grew by more than 20 percentage points from last …

Researchers Find 2 Ways to Make IoT Configuration Easy and More Secure

With an ever increasing number of everyday objects from our homes, workplaces and even from our wardrobes, getting connected to the Internet, known as the ‘Internet of Things’ (IoT), researchers from the University of Southampton have identified easy-to-use techniques to …

Cyber-Extortionists Target Financial Sector, Demand Ransom in Bitcoin

A cybercriminal group going by the name “DD4BC” is blackmailing financial institutions, threatening to take down their customer websites unless they pay a hefty bitcoin ransom. DD4BC – which stands for “DDoS for Bitcoin” (Distributed Denial of Service for Bitcoin) …

AIG Offers Property Damage Coverage for Cyberattacks

A three-hour shutdown of the New York Stock Exchange on the same day that a network failure halted all United Airlines flights in the U.S. had people across the country thinking one thing: cyberattack. It wasn’t, but the July 8 …

Technology, Supply Chain and Regulatory Risks Top Concerns for Global Businesses

A new wave of interrelated, fast-changing risks, reflecting rapid changes in the global economic landscape and the increasing role of technology and multinational expansion as growth drivers, tops the list of concerns for businesses across Europe, the Middle East and …

Power Grid Attack Could Cause $1T Economic, $70B Insurance Losses

A cyber attack on the U.S. power grid in the Northeast would have far-reaching implications including the loss of lives, economic losses of as much as a trillion dollars, the disruption of water supplies and transportation, and potentially more than …

RIMS Cyber Survey Outlines Top 3 First Party Exposures

Due to the tremendous publicity and new information regarding the impact of a cyber attack, organizations have placed greater emphasis on developing risk management strategies to proactively address these exposures. The Risk Management Society (RIMS), conducted its first Cyber Survey …

Greater Cooperation Among Public, Private Entities Urged to Fight Cybercrime

Attorney General Loretta Lynch urged greater cooperation between the government and private industry to combat computer hackers, a key component of a new cyberattack playbook released by the Justice Department. Speaking to a gathering of government and industry leaders in …