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cybersecurity


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One in three Americans hacked in the past year, new HSB cyber survey finds

September 13, 2016 by Canadian Underwriter

More than one-third of consumers in the United States experienced a computer virus, hacking incident or other cyberattack in the past 12 months, according to a new survey by Zogby Analytics for The Hartford Steam Boiler Inspection and Insurance Company

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Global banking, financial services and insurance security market to grow to US$48.95 billion by 2021: report

September 9, 2016 by Canadian Underwriter

The global banking, financial services and insurance (BFSI) security market is estimated to grow to nearly US$50 billion by 2021, driven by regulatory, security and cyber factors. Market research firm MarketsandMarkets said in a report released Thursday that the BFSI

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Report details missed opportunities to stop OPM cyber breach

September 7, 2016 Eric Tucker - THE ASSOCIATED PRESS

WASHINGTON – It was time to purge the hacker from the U.S. government’s computers. After secretly monitoring the hacker’s online movements for months, officials worried he was getting too close to critical information and devised a plan, dubbed “the Big

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‘Intelligent,’ tailored cyber insurance solution launched in Canada

September 1, 2016 by Canadian Underwriter

David Peterson, chairman of business law firm Cassels Brock & Blackwell LLP, and U.S. Governor Tom Ridge, the first U.S. Secretary of Homeland Security and former governor of Pennsylvania, announced on Thursday the launch of Ridge Canada Cyber Solutions, Inc.,

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U.S. companies unnecessarily granting access to more than just privileged users: study

August 23, 2016 by Canadian Underwriter

Nearly six in 10 IT operations and security managers in the United States believe their organizations are unnecessarily granting access to individuals beyond their roles or responsibilities, according to a new survey released on Tuesday. The Ponemon Institute survey commissioned

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Fears of further personal information exposure following cyberattack would prevent some consumers from shopping at breached retailer: study

August 23, 2016 by Canadian Underwriter

Fears of further exposure of personal information following a cyberattack would prevent 33% of consumers from shopping at a breached retailer for at least three months, according to a recent survey from KPMG LLP, the audit, tax and advisory firm.

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Cybercriminals recruiting insiders to attack telecommunication providers: Kaspersky

August 22, 2016 by Canadian Underwriter

Cybercriminals are using insiders to gain access to telecommunications networks and subscriber data, according to an intelligence report from global cybersecurity company Kaspersky Lab. In addition to targetting insiders, these criminals are also recruiting disillusioned employees through underground channels and

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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