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cybersecurity


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Canada’s police chiefs want new law that would compel people to reveal passwords

August 16, 2016 Jim Bronskill - THE CANADIAN PRESS

OTTAWA – Canada’s police chiefs want a new law that would force people to hand over their electronic passwords with a judge’s consent. The Canadian Association of Chiefs of Police has passed a resolution calling for the legal measure to

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Public Safety Canada launches public consultation on cybersecurity landscape

August 16, 2016 by Canadian Underwriter

Public Safety Canada (PSC) has launched a public consultation on the “evolving cybersecurity landscape.” On Tuesday, the federal government launched the Consultation on Cyber Security to help identify gaps and opportunities, bring forward new ideas to shape Canada’s renewed approach

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Worldwide revenues from public cloud services expected to reach US$195 billion in 2020 – more than double 2016 amount

August 12, 2016 by Canadian Underwriter

One day after a report suggested the global cybersecurity market is set to grow to US$202 billion by 2021, International Data Corporation (IDC) said that worldwide revenues from public cloud services are expected to reach more than US$195 billion in

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Global cybersecurity market to grow from US$122.45 billion to US$202.36 billion by 2021: report

August 10, 2016 by Canadian Underwriter

The global cybersecurity market is set to grow from US$122.45 billion in 2016 to US$202.36 billion by 2021 at a compound annual growth rate (CAGR) of 10.6%, according to a recent report from Research and Markets. The Cyber Security Market

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Citing cyber ‘revolution,’ Obama issues attack response plan

July 26, 2016 Josh Lederman - THE ASSOCIATED PRESS

WASHINGTON – The White House warned Tuesday of a “revolution” of computer-generated threats to the U.S. stoked by growing cyber aggression by traditional U.S. foes like Russia and North Korea, and issued a colour-coded response plan for the federal government

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First five months of 2016 dominated by malicious email campaigns of unprecedented volume, new ransomware variants

July 26, 2016 by Canadian Underwriter

The first five months of 2016 were dominated by malicious email campaigns of unprecedented volume, with new ransomware variants emerging quickly and actors “repeatedly [shifting] tactics with new loaders, document attachment types and obfuscation techniques to evade detection,” according to

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2016 malware levels nearly four times 2015 totals, cybersecurity company finds

July 22, 2016 by Canadian Underwriter

A security analyst team at AppRiver, a cloud-based cybersecurity company based in Gulf Breeze, Fl., has quarantined 4.2 billion emails containing malware in the second quarter of 2016, “pointing to a continued increase in malware traffic this year.” The emails

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Most companies unprepared for emergence of autonomous vehicles: Munich Re survey

July 19, 2016 by Canadian Underwriter

Most companies are unprepared for the emergence of autonomous vehicles (AVs), with 64% of polled risk managers saying that their companies have done nothing to prepare for the emergence of these vehicles in the auto market, according to a Munich

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Chubb introduces insurance product for private Canadian companies

July 18, 2016 by Canadian Underwriter

Chubb Ltd. announced on Monday that it has launched a modular insurance policy designed specifically for Canadian privately owned companies. ForeFront Portfolio addresses the broad range of liability risks faced by Canadian private companies in an increasingly risky and litigious

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Insider corporate data theft and malware infections among biggest threats to digital businesses in 2016: Accenture and HfS Research study

June 27, 2016 by Canadian Underwriter

Insider data theft and malware attacks top the list of the most significant concerns for global enterprise security executives, according to a new report from Accenture and HfS Research. The survey, titled The State of Cybersecurity and Digital Trust 2016,

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Former Telus computer security expert launches cyber breach investigation provider

June 22, 2016 by Canadian Underwriter

A recently-launched Toronto-based firm, Cytelligence Inc., says it offers to investigate cyber breaches, review clients’ business continuity plans and take into consideration the “pros and cons of cyber insurance” for its clients. Cytelligence announced Wednesday it was launched by Daniel

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U.S. executives struggling to measure and mitigate strategic risks: survey

June 21, 2016 by Canadian Underwriter

Nearly two-thirds (64%) of executives in the United States see strategic risk as a “highly significant threat” to their organizations compared to other types of risk – including compliance, operational and financial – according to a new survey from independent