It starts innocuously enough. You receive an email from a colleague; just the regular kind of short message they’re always sending and a link to an article they thought you’d like. But when you click on it, your troubles start. It’s not The Australian or The New York Times that you’re taken to Discover more here. Source: […]
ZURICH UNVEILS CYBERATTACK RESPONSE SOLUTION
Zurich has launched a new cyberattack response solution for businesses across Asia Pacific. DisgitalResolve, a coordinated incident response service, has been launched by the international insurer to help businesses in Asia Pacific mitigate and recover from cyberattacks. Discover more here. Source: insurancebusinessmag.com
DEMYSTIFYING CYBER INSURANCE COVERAGE
Organizations continue to invest heavily in cybersecurity efforts to safeguard themselves against threats, but far fewer have signed on for cyber insurance to protect their firms after an attack. Why not? What roadblocks exist, and what steps could the industry take to help clear them? Discover more here. Source: dupress.deloitte.com
IS YOUR DATA SAFE? HERE ARE THE TOP 10 COUNTRIES WITH THE MO...
From the Democratic National Convention to a huge Bitcoin heist, 2016 marked a big year for cyber attacks. And unfortunately, the problem has not gotten any better. We’ve seen a number of major hacks this year — in fact, some of the biggest. Most recently, a global ransomware attack called “WannaCry” has hit thousands of people using […]
THE PERSONAL IMPACT OF CYBERCRIME
Fifty-one percent of people think that over the past five years it’s become harder to stay safe and secure online than in the real world. Yet, 689 million people in 21 countries experienced cybercrime within the last year alone. The reason for this staggering number is simple. Discover more here. Source: community.norton.com
4 CYBER RISK MISCONCEPTIONS POPULAR WITH MIDSIZED FIRMS
Despite frequent reports of hacking, cybercrime, security breaches and related events in all parts of the U.S., many middle market companies continue to underestimate their exposure to these attacks along with their need for focused risk management measures, which may include the purchase of specialized insurance. A new report from Assurex Global, a privately-held commercial […]
ALMOST ALL HACKER INSURANCE POLICIES ARE HELD BY COMPANIES I...
Nearly nine out of 10 “hacker insurance” policies in the world are taken out in the United States, but demand around the world is about to spike. Many companies outside the United States including Australia may not have cover for a recent computer-system attack, leaving them potentially with millions of dollars of losses because there has been […]
WANNACRYPT RAISES QUESTIONS OVER GOVERNMENT CYBER PRIORITIES
The fallout from the WannaCrypt ransomware attack which quickly spread to multiple countries and systems last Friday continues to cause consternation around the world. In the UK scores of National Health Service Trusts were infected, leading to routine appointments being canceled and huge concern over the robustness of critical healthcare systems that are still running on a fifteen-year-old software platform […]
‘MASSIVE RANSOMWARE ATTACK’ HITS COMPANIES, HOSPITALS, SCHOO
A global cyber attack has infected tens of thousands of computers in nearly 100 countries. Protect yourself today with Austbrokers Terrace! Cyber extortionists tricked victims into opening malicious malware attachments to spam emails that appeared to contain invoices, job offers, security warnings and other legitimate files. Read full article here. Source: brisbanetimes
RECENT RANSOMWARE ATTACKS RAISE THE QUESTION: IS BITCOIN ONL...
After hackers stole about $65 million of Bitcoin’s digital currency, it raises the question, is Bitcoin only for cyber criminals? Those affected by the cyberattack would see a window pop up on their screen telling them that their files were inaccessible, then demanding payment of a ransom lest their files be deleted. Read full article here. Source: salon.com
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