CYBER RISKS
Working from home can be precarious. The household printer is upstairs and the dog lives under my desk, so its not a stretch to imagine a scenario where I trip over the dog and/or slip on the stairs as I run up to retrieve a document.
MONTE CARLO, Monaco The market for cyber liability reinsurance is stable but is unlikely to grow significantly until more sophisticated underwriting tools are developed to assess the risks, reinsurance leaders say.
Working from home can be precarious. The household printer is upstairs and the dog lives under my desk, so its not a stretch to imagine a scenario where I trip over the dog and/or slip on the stairs as I run up to retrieve a document.
MONTE CARLO, Monaco The market for cyber liability reinsurance is stable but is unlikely to grow significantly until more sophisticated underwriting tools are developed to assess the risks, reinsurance leaders say.
Suspected Chinese hackers tampered with widely used software distributed by a small Canadian customer service company, another example of a supply chain compromise made infamous by the hack on U.S. networking company SolarWinds.
Around $22 trillion of global debt rated by Moodys has a high or very high exposure to the risk of cyberattack, the ratings agency said in a report on Thursday, with hospitals and utilities seen at the greatest risk.
Business and media publication Fast Company said it shut down its website Tuesday evening after the site was hacked and sent obscene and racist notifications to Apple users via the iPhone makers Apple News service.
Business and media publication Fast Company said it shut down its website Tuesday evening after the site was hacked and sent obscene and racist notifications to Apple users via the iPhone makers Apple News service.
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There is still a significant amount of miscommunication between risk managers and their IT departments, which can only hamper both parties' efforts to fight cyber breaches and develop effective risk mitigation and insurance policies. A lack of coordination could result in misinformation on an insurance application and even lead to firms not having the insurance […]
A white paper issued by a computer security firm identifies massive state-backed advanced persistent threats against dozens of governments and organizations, including a number of companies. While not identified in the paper issued by McAfee Inc., that state is widely believed to be China. These attacks, unlike the widely-publicized ones by Anonymous and LulzSec, are […]
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