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cybercriminal

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The cyber extortion threat that your policies may overlook

January 24, 2018 by Jason Contant

A new cyber threat has emerged and it’s something that cyber insurance policies may not even cover. Proactive extortion occurs when a cybercriminal contacts a selected company, by email or even “snail mail,” and informs the company that it has

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Ransomware, alternative crypto-currencies and increased deception tactics among key cyber threats: Accenture Security

July 31, 2017 by Canadian Underwriter

Destructive ransomware, alternative crypto-currencies and increased use of deception tactics are among the threats driving the lucrative cybercriminal marketplace, the security branch of professional services company Accenture said in a recent report. “The first six months of 2017 have seen

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Biggest risk with mass email theft is phishing, malware distribution, NuData Security says following Bell Canada hack

May 17, 2017 by Canadian Underwriter

The biggest risk with mass email theft is phishing and malware distribution, the vice president of business development with Vancouver-based NuData Security said in a statement on Wednesday, two days after Bell Canada confirmed an “illegal access” of customer information.

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Almost 40% of industrial computers worldwide faced a cyberattack in the second half of 2016: Kaspersky

March 29, 2017 by Canadian Underwriter

Two in five computers around the globe related to the technological infrastructure of industrial enterprises faced cyberattacks in the second half of 2016, according to cybersecurity company Kaspersky Lab. Research from Kaspersky released on Tuesday showed that the percentage of

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Password breach could have ripple effects well beyond Yahoo

September 27, 2016 Raphael Satter - THE ASSOCIATED PRESS

LONDON – As investors and investigators weigh the damage of Yahoo’s massive breach to the internet icon, information security experts worry that the record-breaking haul of password data could be used to open locks up and down the web. While