Canadian Underwriter

Keyword
DDoS

News InsuranceMarkets / CoveragesTechnology

Linux botnets, number of countries facing DDoS attacks up in Q3: Kaspersky

November 13, 2017 by Canadian Underwriter

The share of Linux botnets is continuing to grow, accounting for 70% of attacks in the third quarter of the year from 51% in Q2, according to cybersecurity company Kaspersky’s Q3 2017 DDoS Intelligence Report. Experts also continue to see

News InsuranceMarkets / CoveragesTechnology

DDoS attacks on the rise, Kaspersky research shows

October 11, 2017 by Canadian Underwriter

Distributed denial of service (DDoS) attacks are on the rise, with about one-third (33%) of polled global organizations facing such an attack in 2017, new research from cybersecurity company Kaspersky Lab has found. The IT Security Risks research is an

News InsuranceLegalMarkets / CoveragesTechnology

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

News InsuranceTechnology

Canadian CEOs view disruption as an opportunity, report disrupting their sectors: KPMG study

June 13, 2017 by Canadian Underwriter

Three-quarters of Canadian CEOs (75%) see disruption as an opportunity for their business, not a threat, and 86% said their business is actively disrupting its sector rather than waiting for disruption by competitors, according to a new survey from audit,

News CatastrophesInsuranceTechnology

Lack of oversight regarding security of third-party IoT implementation: survey

May 31, 2017 by Canadian Underwriter

A gap in understanding how best to mitigate and communicate risks around the Internet of Things (IoT) persists despite organizations reporting high concern about related security, notes a new report from Ponemon Institute and Shared Assessments Program. Released Wednesday, The

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

“Noticeable decline” in distributed denial of service attacks in Q1 2017: Kaspersky

May 15, 2017 by Canadian Underwriter

Russian cybersecurity company Kaspersky Lab has found a “noticeable decline” in the number of overall distributed denial of service (DDoS) attacks and a change to how they were dispersed by country. Kaspersky released late last week its Q1 2017 DDoS

News CatastrophesEarnings / RatingsInsuranceLegalLegislation / RegulationTechnology

Increased cyber espionage, data integrity attacks part of global threat landscape in 2017: Stroz Friedberg

January 5, 2017 by Canadian Underwriter

Top cyber threats in the coming year include nation state cyber espionage, a rise in data integrity attacks and more attacks harnessing Internet of Things (IoT) devices, Stroz Friedberg, an Aon company, notes in its 2017 Cybersecurity Predictions report. “We

News InsuranceMergers and AqcuisitionsProfessional DevelopmentTechnology

Cybercriminals using DDoS as “smokescreen” for other attacks on businesses: Kaspersky

November 25, 2016 by Canadian Underwriter

Cybercriminals are sometimes using distributed denial of service (DDoS) attacks as a “smokescreen” to distract businesses while hackers launch other attacks, cybersecurity company Kaspersky Lab said in a recently released survey. According to the 2016 Kaspersky Lab Corporate IT Security

News InsuranceLegalLegislation / RegulationTechnology

Fifth of surveyed U.S. businesses have not done any recent security testing for vulnerabilities

September 15, 2016 by Canadian Underwriter

About a fifth of surveyed businesses south of the border admit not having done any security testing for at least six months despite the lion’s share of respondents also reporting their organizations have encountered at least one security issue, notes

News InsuranceLegalMarkets / CoveragesMergers and AqcuisitionsTechnology

Beazley, Munich Re cover cyber risk up to $100 million

April 12, 2016 by Canadian Underwriter

Beazley plc announced Monday it has partnered with Munich Re’s corporate insurance partner to offer tailored cyber insurance. The products will provide coverage of up to US$100 million or 100 million euros, stated Beazley, which manages six syndicates in the