Keyword
malware
University of Calgary pays ransom after attack on computer systems
June 8, 2016 The Canadian PressCALGARY – The University of Calgary says it paid a ransom of $20,000 demanded after a recent cyberattack. The school says in a news release that staff were able to isolate some of the attack and are working to ensure…
Free tools to help ransomware victims retrieve files
June 2, 2016 by Canadian UnderwriterTrend Micro International has announced the availability of free tools that the company reports will help users and organizations fight back against the dangers posed by ransomware. “The risks and impact of ransomware threats to end-users, small and medium-sized businesses,…
Vast majority of tested applications have at least one vulnerability: cyber security report
April 20, 2016 by Canadian UnderwriterCyber criminals are increasingly making use of malware-as-a-service, an issue of concern given that 97% of applications tested by Trustwave in 2015 had at least one vulnerability, note findings from the 2016 Trustwave Global Security Report. While the lion’s share…
Beazley, Munich Re cover cyber risk up to $100 million
April 12, 2016 by Canadian UnderwriterBeazley 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…
Second U.S. hospital in as many months becomes victim of malware attack
March 31, 2016 by Canadian UnderwriterJust over one month after the president and CEO of a hospital in Los Angeles admitted to paying about US$17,000 to hackers following a ransomware attack, another hospital in the United States has become victim of a malware attack. On…
Tech Threat
March 1, 2016 Greg Meckbach, Associate EditorRansomware and malware disguised as advertising tools for web browsers are just some of the computer security threats that can trigger losses. Experts advise organizations, especially those with sensitive data, to educate their non-technical staff on defending against threats from cyberspace.