Keyword
critical infrastructure
Canada ‘trailing partners’ on securing vital utilities and services: internal memo
September 5, 2023 Jim Bronskill - THE CANADIAN PRESSOTTAWA – A newly released federal memo concedes Canada is “trailing key international partners” who have updated their approaches to securing vital utilities and services from a growing array of risks. The Public Safety Canada memo says “new and rapidly…
U.S.-based security services firm discovers cyber vulnerabilities in radiation monitoring devices
July 27, 2017 by Canadian UnderwriterIOActive, Inc., a “research-driven, high-end information security services” firm headquartered in Seattle, Wash., announced on Wednesday that its research has found a number of cybersecurity vulnerabilities in widely deployed radiation monitoring devices (RMDs). RMDs are used to monitor the radiation…
Employee awareness, training key to building a solid cyber security culture: Echols
June 22, 2017 by Canadian UnderwriterA little competition could be a good thing, especially when it comes to building a cyber security culture, cyber expert Michael Echols suggested last week during a symposium co-hosted by the Travelers Institute and Economic Club of Canada. Developing a…
Cybersecurity company discovers malware designed to perform attacks on power supply infrastructure
June 12, 2017 by Canadian UnderwriterIT security company ESET Canada Inc. reported on Monday that its researchers have been analyzing samples of dangerous malware capable of performing an attack on power supply infrastructure. The malware, named Industroyer by ESET, was likely involved in the December…
Damage to reputation/brand gets social, cyber jumps higher on risk list: Aon survey
April 24, 2017 by Angela StelmakowichPHILADELPHIA – Social media is amplifying the impact of the top-ranked risk for businesses – damage to reputation and brand – while cyber risk has fully entrenched itself in the Top 10, becoming the number one risk for respondents in…
Risk management overhaul necessary for cities to become more resilient to catastrophic events: report
March 27, 2017 by Canadian UnderwriterOfficials for cities, investors and insurers will increasingly need to “build resilience within and between infrastructure systems as a complementary approach to address infrastructure risk and uncertainty,” argues a new report from Lloyd’s and Arup. “While risk management remains a…
Increasing adoption of cloud services primary driver of growth in global critical infrastructure protection market: research
June 9, 2016 by Canadian UnderwriterThe increased adoption of cloud-based services among enterprises is the primary driver for growth in the global critical infrastructure protection market, according to global market research company Technavio. Research analysts at Technavio predicted on Wednesday that the global critical infrastructure…
Cyberattacks against critical infrastructure, manufacturers likely to target industrial control systems to manipulate operations: AGCS
June 1, 2016 by Canadian UnderwriterRather than stealing data, cyberattacks against critical infrastructure and manufacturers are more likely to target industrial control systems (ICS) to manipulate or shut down operations, Allianz Global Corporate & Specialty (AGCS) said on Wednesday. As energy, transportation or telecommunication companies,…
Aggregation Aggravation
March 1, 2016 Greg MeckbachWhile risk managers for large manufacturers tend to be aware of the vulnerability of their supply chains to major incidents affecting business partners, the same cannot necessarily be said for risk professionals at small to mid-sized organizations. Some experts warn the latter may not be aware of the full impact that aggregation of risk, including relating to cyber and critical infrastructure, can have.