Keyword
cybersecurity
One in three Americans hacked in the past year, new HSB cyber survey finds
September 13, 2016 by Canadian UnderwriterMore 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…
Global banking, financial services and insurance security market to grow to US$48.95 billion by 2021: report
September 9, 2016 by Canadian UnderwriterThe 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…
Report details missed opportunities to stop OPM cyber breach
September 7, 2016 Eric Tucker - THE ASSOCIATED PRESSWASHINGTON – 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…
‘Intelligent,’ tailored cyber insurance solution launched in Canada
September 1, 2016 by Canadian UnderwriterDavid 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.,…
U.S. companies unnecessarily granting access to more than just privileged users: study
August 23, 2016 by Canadian UnderwriterNearly 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…
Fears of further personal information exposure following cyberattack would prevent some consumers from shopping at breached retailer: study
August 23, 2016 by Canadian UnderwriterFears 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.…
Cybercriminals recruiting insiders to attack telecommunication providers: Kaspersky
August 22, 2016 by Canadian UnderwriterCybercriminals 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…
Canada’s police chiefs want new law that would compel people to reveal passwords
August 16, 2016 Jim Bronskill - THE CANADIAN PRESSOTTAWA – 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…
Public Safety Canada launches public consultation on cybersecurity landscape
August 16, 2016 by Canadian UnderwriterPublic 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…
Worldwide revenues from public cloud services expected to reach US$195 billion in 2020 – more than double 2016 amount
August 12, 2016 by Canadian UnderwriterOne 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…
Global cybersecurity market to grow from US$122.45 billion to US$202.36 billion by 2021: report
August 10, 2016 by Canadian UnderwriterThe 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…
Citing cyber ‘revolution,’ Obama issues attack response plan
July 26, 2016 Josh Lederman - THE ASSOCIATED PRESSWASHINGTON – 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…