cyber attacks News

Smart Homes, Appliances May be Cyber Hackers Next Target

That’s the apocalyptic headline we could be reading one day, given the seemingly unassailable trend toward connecting mundane items to the internet. Don’t think it’s too far-fetched, either. More than $970 billion is expected to be spent on Internet of …

Cyber Threats, a Changing Workforce and Severe Weather Top Travelers Risk Index

The Travelers Companies, Inc. announced the results of the Travelers Risk Index, an annual survey that provides insight into the most pressing concerns of American consumers and business leaders. While fewer respondents believe that the world is becoming riskier, there …

Fitch: U.S. Insurers Writing Cyber Coverage Totaling $1B in Premiums

About 120 U.S. insurance groups reported writing cyber coverage in 2015 totaling approximately $1 billion in direct written premiums volume, according to Fitch. Fitch aggregated the cybersecurity statutory supplement data for the U.S. property/casualty (P/C) insurance industry and analyzes the …

Cyber Terrorism a Major Concern for U.S. Businesses

U.S. businesses focused on addressing crisis management in the event of an on premise terrorist attack may be leaving their information systems vulnerable to a cyber attack. According to The Global Risks Report 2016, compiled through a strategic partnership between …

China Hackers Target U.S. in Coordinated Effort

The vast cyberattack in Washington began with, of all things, travel reservations. More than two years ago, troves of personal data were stolen from U.S. travel companies. Hackers subsequently made off with health records at big insurance companies and infiltrated …

Employee Negligence Biggest Cause of Data Breaches

Mary Jo White, the chair of the U.S. Securities and Exchange Commission, said in a speech Friday that cyberattacks against the U.S. are the “biggest risk we face.” On the same day, USA Today reported that John Carlin, the head …

Rising Healthcare System Cyber Attacks Cost $6B Annually

A rise in cyber attacks against doctors and hospitals is costing the U.S. healthcare system $6 billion a year as organized criminals who once targeted retailers and financial firms increasingly go after medical records, security researchers say. Criminal attacks against …

Destructive Hacking Attempts Targeting Critical Infrastructure in Americas

Hacking attacks that destroy rather than steal data or that manipulate equipment are far more prevalent than widely believed, according to a survey of critical infrastructure organizations throughout North and South America. The poll by the Organization of American States, …

Michigan Aims to be Nation’s Leader in Thwarting Cyberattacks

Michigan is aiming to invest in cybersecurity and position itself as a national leader in the field as attacks on governments increase. The state receives more than 730,000 attempted cyberattacks daily, and that number is rising as hackers and thieves …

Commentary: Is Corporate America Ready for Real Cybersecurity?

Barack Obama wants to prod corporations into addressing their cybersecurity weaknesses and he used his State of the Union speech last night to do just that. Obama also placed responsibility for inaction and any damage from future attacks on the …