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Systemic Cyber Attacks Most Likely In Finance & Energy Industries

by Neil Telford on 2017-05-15 10:18PM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Financial, BUSINESS-Production-Utilities, BUSINESS-Production-Energy

Experts at insurance giant AIG have identified the industry sectors at highest risk to systemic threats.

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Bank Data Breaches Are Up And It's An Inside Job

by Neil Telford on 2017-05-15 07:09PM in NEWS-News Analysis, GOVERNMENT-Police, FREE TO VIEW, BUSINESS-Services-Financial

Bank breaches are not always due to legacy operating systems or their inability to cope with new forms of cyber attacks. There is human error.

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The Cybersecurity Threats That Keep Banks Alert

by Tim Heath on 2017-05-10 10:02AM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Financial

People in charge of vast volumes of valuable financial data are under increasing pressure to keep customer data safe from hackers & fraudsters.

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Thieves Drain Protected Bank Accounts

by Tim Heath on 2017-05-10 07:51AM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Financial

A known security hole in the networking protocol used by mobile phone providers enabled a string of attacks that emptied bank customer accounts.

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Cyber Should Be Standalone Insurance

by Neil Telford on 2017-05-03 09:08AM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Financial

Treating cyber risk as a standalone insurance risk promises to unlock the potential for meaningful coverage for both insurers & buyers.

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Time To Speak The Language Of Risk

by Tim Heath on 2017-04-26 10:18AM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Financial

Cybersecurity is changing from a technical problem to being a risk-based issue. Security leaders stuck in reactive mode who do not adapt will fail.

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Cybercrime Is A Growing Threat To Small Business

by Tim Heath on 2017-04-25 02:53PM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Financial

Companies that are the victims of cybercrime and data breach suffer significant costs which can lead to bankruptcy for SMEs.

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Targeted Ransomware Attacks Are Focusing On Business

by Tim Heath on 2017-04-24 11:21AM in NEWS-News Analysis, GOVERNMENT-Police, FREE TO VIEW, BUSINESS-Services-Financial

Cyber criminals are increasingly turning their attention from attacks against private users to targeted ransomware attacks against businesses.

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Cybercrime Cost The Global Economy $450Billion In 2016

by Tim Heath on 2017-04-24 10:30AM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Financial

Hiscox Insurance chief says there is an epidemic of cybercrime costing billions. Yet, 53% of US, UK and German businesses are unprepared.

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Insurers Get Much More Cautious About Cyber Risk

by Tim Heath on 2017-04-14 10:49AM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Financial

Major US insurer Anthem wants reviews of PC usage by customers seeking damages as it may be solely their client’s fault.

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