Financial institutions are increasingly being targeted by hackers, according to the latest Beazley Breach Insights – July 2016 findings based on its response to client data breaches in the first six months of 2016. A provider of data breach response …
As energy, transportation, telecommunication and manufacturing companies become more reliant on automation, robotics and connected networks, they are also increasingly vulnerable to cyberattacks. Rather than stealing data, cyberattacks on critical infrastructure and manufacturers are more likely to target industrial control …
Nine out of ten businesses reported at least one hacking incident in the past year, according to a survey of business risk managers released by The Hartford Steam Boiler Inspection and Insurance Company, part of Munich Re. The number of …
Ransomware is expected to continue to be an increasing threat in 2016, according to McAfee Labs 2016 Threat Predictions report, issued late last year. The report stated that with “new variants and the success of the “ransomware-as-a-service” business model, we …
A U.S. investigation found that a December hack on the Ukrainian power grid was coordinated and highly sophisticated. The report released Thursday offers a detailed look at one of the first cyberattacks to succeed in taking down part of a …
Cybersecurity experts worry that the $17,000 a Los Angeles hospital paid hackers to regain control of its computers could signal a troubling escalation of the growing “ransomware” threat. Though patient care was not “compromised in any way,” Hollywood Presbyterian Medical …
The chance of a cyber security breach increases each and every day, according to Jim Satterfield, COO and president of Firestorm, a national company specializing in emergency response, crisis management, crisis communications and workplace violence. In addition, it takes about …
U.S. prosecutors on Tuesday unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co and generated hundreds of millions of dollars of illegal profit. …
More than 675,000 records were exposed by data breaches in the U.S. in 2014, according to the California-based Identity Theft Resource Center, a non-profit organization aimed at helping consumers. Since breaches began being tracked in 2005, they have risen by …
Massachusetts-based The Hanover Insurance Group announced the launch of a new suite of cyber products designed to help protect small to mid-sized businesses from losses related to data breaches and cyberattacks. “With hackers and malicious programs becoming increasingly sophisticated, data …