Keyword
security
Polled security professionals in U.S. find securing disconnected systems a challenge
August 21, 2017 by Canadian UnderwriterRecently surveyed IT security professionals in the U.S. say securing systems that are disconnected from their corporate networks is a challenge, a situation that could worsen over time, reports Los Angeles-based Lieberman Software Corporation. Polled at Black Hat USA 2017,…
Understanding of insider threat far from complete: U.S. report
August 9, 2017 by Canadian UnderwriterAlmost half of respondents to a recent U.S. survey are unaware of the potential for financial losses associated with an insider incident and a third do not know how much related losses are costing their organizations. Findings indicate many organizations…
Cyber threat landscape growing, potential for emergence of destruction of service attacks: Cisco
July 20, 2017 by Canadian UnderwriterThe potential for “destruction of service” (DeOS) attacks is greatly concerning and organizations would be well-advised to adopt a proactive cyber stance in their protection efforts to combat increasingly sophisticated attackers, warns a new report from Cisco. “Cyber incidents such…
Applying blockchain technology could slash US$40 billion in costs for financial services: BIS Research
July 17, 2017 by Canadian UnderwriterImplementing blockchain technology could produce hefty cost savings in the billions of dollars annually for the financial services market, suggests a new report released Friday by Minnesota-based BIS Research. Characterizing blockchain as a revolutionary development, its application “could lead to…
VirtualArmour expands penetration into energy sector cyber protection
July 10, 2017 by Canadian UnderwriterVirtualArmour International Inc. has partnered with a global architectural design and engineering firm that services the energy industry to design new security infrastructure in light of the sector increasingly becoming a target for cyber attacks. Under the terms of a…
Cyber-related disruption as business advantage developing in manufacturing sector: Verizon
June 30, 2017 by Angela StelmakowichManufacturing is witnessing a significant hike in internal cyber threat actors linked to nation state schemes to disrupt operations and allow chosen businesses to gain competitive advantage and market share, David Ostertag, global investigation manager for Verizon’s investigative response unit,…
Companies plan to spend more on cloud computing services this year, higher prices among drivers: Clutch
June 23, 2017 by Canadian UnderwriterCompanies are planning to spend more on cloud computing services in 2017, but must be cognizant that anticipated costs could balloon absent appropriate monitoring and use, suggest survey results released this week by Clutch. Reflecting input from 283 IT professionals…
Employee awareness, training key to building a solid cyber security culture: Echols
June 22, 2017 by Canadian UnderwriterA little competition could be a good thing, especially when it comes to building a cyber security culture, cyber expert Michael Echols suggested last week during a symposium co-hosted by the Travelers Institute and Economic Club of Canada. Developing a…
Gains, losses in efforts to combat cyber crime in 2016: Trustwave
June 20, 2017 by Canadian UnderwriterThe fight against cyber crime showed both advances and retreats in 2016, with improvements on the intrusion detection and breach containment fronts matched by cyber crime increasingly being treated as a business, suggests a Trustwave report released Tuesday. Findings in…
The Bitfury Group and Risk Cooperative partner to pioneer blockchain applications in insurance intermediation market
June 19, 2017 by Canadian UnderwriterBlockchain technology company The Bitfury Group and risk and insurance advisory firm Risk Cooperative have announced a strategic partnership to pioneer blockchain applications in the US$60 billion insurance intermediation market. Announced on Friday, the partnership will leverage Bitfury’s expertise in…
BlackBerry system geared at helping automakers ensure safe and secure autonomous vehicles
June 8, 2017 by Canadian Underwriter“There is no safety without security,” John Wall, senior vice president and head of BlackBerry QNX, said this week as part of the launch of a new real-time, type 1 hypervisor that can be used in next-generation connected and autonomous…
36% of polled Canadian firms have no cyber security insurance: FICO
June 1, 2017 by Canadian UnderwriterMore than a third of surveyed Canadian firms do not have cyber security insurance, a concerning situation made worse by an incomplete understanding of how premiums are priced and failure to do everything possible to guard against breaches, FICO notes.…