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.
Coalition Inc., a managing general agent specializing in cyber risk, said Monday it has completed its acquisition of Digital Affect Insurance Co. from Munich Re Digital Partners U.S. Holding Corp.
Coalition Inc., a managing general agent specializing in cyber risk, said Monday it has completed its acquisition of Digital Affect Insurance Co. from Munich Re Digital Partners U.S. Holding Corp.
A digital vulnerability in the computer systems used on some Boeing Co. aircraft that could have allowed malicious hackers to modify data and cause pilots to make dangerous miscalculations has been fixed, security researchers said Friday.
A digital vulnerability in the computer systems used on some Boeing Co. aircraft that could have allowed malicious hackers to modify data and cause pilots to make dangerous miscalculations has been fixed, security researchers said Friday.
A hacker claims to have obtained the personal information of 48.5 million users of a COVID-19 health mobile app run by the city of Shanghai, the second claim of a breach of the Chinese financial hubs data in just over a month.
A hacker claims to have obtained the personal information of 48.5 million users of a COVID-19 health mobile app run by the city of Shanghai, the second claim of a breach of the Chinese financial hubs data in just over a month.
Willis Towers Watson PLC on Thursday named Sarah Conway head of its ecosystem resilience practice and director in the disaster risk finance and parametrics unit in its climate and resilience hub.
Willis Towers Watson PLC on Thursday named Sarah Conway head of its ecosystem resilience practice and director in the disaster risk finance and parametrics unit in its climate and resilience hub.
Cowbell Cyber Inc. said Thursday it has partnered with Swiss Re to provide cyber coverage and risk monitoring for businesses with up to $750 million in revenue that are using Amazon Web Services.
Cowbell Cyber Inc. said Thursday it has partnered with Swiss Re to provide cyber coverage and risk monitoring for businesses with up to $750 million in revenue that are using Amazon Web Services.
There was a 90% increase in the number of health care organizations targeted by cybercriminal groups during the second quarter, according to a report released Wednesday.
There was a 90% increase in the number of health care organizations targeted by cybercriminal groups during the second quarter, according to a report released Wednesday.
The first employee of BitMEX pleaded guilty Monday to violating U.S. bank secrecy laws by failing to establish an anti-money laundering program, following guilty pleas to the same charge by the cryptocurrency exchange's three co-founders.
Phishing scams continue to be a significant exposure for companies, with a surge in attacks over the past three years, but insurance coverage for the exposure is often capped by policy provisions.
The first employee of BitMEX pleaded guilty Monday to violating U.S. bank secrecy laws by failing to establish an anti-money laundering program, following guilty pleas to the same charge by the cryptocurrency exchange's three co-founders.