Keyword
hackers
Hacker U, leaked nudes and AI: predicting 2024 cyber threats
December 5, 2023 by David GambrillHacking courses for amateurs, leaked nudes and AI-supported scams are popular cyber threats identified in dark web forums, a cybersecurity firm has warned. NordVPN is a global virtual private network (VPN) service provider founded in 2012. It establishes secure digital…
What’s the state of the cyber market these days?
June 17, 2021 by Adam MalikA lack of scrutiny around the risk being taken on and a flawed claims process bit the cyber insurance market hard, especially over the last year, according to experts in the field. Now, they added, there are signs that insurers…
The enemy within
October 12, 2019 Dr. Dexter Morse, Director, Insurance & Risk Management, International Air Transport Association (IATA)Rogue employees may be plotting ways to cause damage to your clients’ business. How to advise your clients on managing the risk
Economical launches data breach coverage for Canadian businesses
August 2, 2017 by Canadian UnderwriterWaterloo, Ont.-based Economical Insurance announced on Wednesday that it has launched EXPERT Cyber, coverage that is available to commercial policies for Canadian businesses in the event of a data breach. “Cybersecurity is a growing area of concern for businesses of…
One in four hide cybersecurity incidents from employers, global Kaspersky survey finds
July 10, 2017 by Canadian UnderwriterForty per cent of employees around the globe hide IT security incidents to avoid punishment, according to a new report from cybersecurity company Kaspersky Lab and market research company B2B International. The report, titled Human Factor in IT Security: How…
Economy at risk without joint Canada-U.S. cyber defence, says former U.S. National Security Agency director
June 2, 2017 Mike Blanchfield - THE CANADIAN PRESSOTTAWA – Canada and the United States need a new cyber defence program – like their joint Norad air defence – to prevent hackers from hobbling their economies, says the former head of the U.S. National Security Agency. Retired general…
WannaCry ransomware attack “arguably the first ever cyber-catastrophe”: RMS cyber expert
May 16, 2017 by Canadian UnderwriterThe global WannaCry ransomware attack is “arguably the first ever cyber-catastrophe,” an expert in cyber risk management from RMS said on Tuesday. Tom Harvey said in a statement that the cyberattack “clearly demonstrates the systemic nature of the risk, with…
Ransomware cyberattack cripples hospitals across the United Kingdom
May 12, 2017 by Canadian UnderwriterA large ransomware cyberattack has “crippled” computer systems at hospitals across the United Kingdom on Friday, with appointments cancelled, phone lines down and patients turned away, the Associated Press has reported. Britain’s National Health Service (NHS) said that a number…
New phishing scams aimed at accessing direct deposit funds emerging: Beazley
April 25, 2017 by Canadian UnderwriterPhishing scams aimed at accessing direct deposit funds have emerged as a new danger in 2017, specialist insurer Beazley said on Tuesday. Phishing scams aimed at accessing specific employee tax information were a continuing threat, representing 9% of all breaches…
RMS releases new class of cyber-physical risk modelling for property insurers
April 6, 2017 by Canadian UnderwriterRMS has expanded its range of cyber models to include a new class of so-called cyber-physical models in a bid to answer the increasing related risk of insurance losses from hackers targeting control systems linked to the Internet. These cyber-physical…
McDonald’s Canada says info of 95,000 job applicants compromised
April 3, 2017 The Canadian PressTORONTO – McDonald’s Canada says the jobs section of its website has been hacked, compromising the personal information of about 95,000 applicants over the last three years. The company said Friday the accessed information included names, addresses, phone numbers, employment…
Small firms wanting cyber coverage should “hold an inventory” of personally identifiable information: Chubb
March 3, 2017 Greg Meckbach, Associate EditorBodily injury and property damage exclusions in cyber insurance policies means the Internet of Things has “big implications” for organizations, while malware that existed unbeknownst to a user before binding a policy can mean a cyber incident is not covered,…