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2017-06-07

Hackers Hit Russian Bank Customers

Russian cyber criminals used malware planted on Android mobile devices to steal from domestic bank customers and were planning to target European lenders before their arrest, investigators and sources with knowledge of the case told Reuters.

2017-06-07

Small Businesses Should Consider Cyber Insurance

A shockingly low number of small businesses invest in cyber liability insurance to combat the potentially devastating effects of a cyber attack.

2017-06-05

Five Pitfalls of Cybersecurity Insurance

Businesses are increasingly considering investing in cybersecurity insurance. But insurance is only as effective as the scope of the coverage.

2017-05-25

Cyber Crime Drives Up The Cost Of Insurance

Insurers see coverage against hackers as one of their most promising markets, estimating that premiums will triple over the next four years.

2017-05-17

Systemic Cyber Attacks Most Likely In Finance & Energy Industries

Experts at insurance giant AIG have identified the industry sectors at highest risk to systemic threats.

2017-05-17

Bank Data Breaches Are Up And It's An Inside Job

Bank breaches are not always due to legacy operating systems or their inability to cope with new forms of cyber attacks. There is human error.

2017-05-10

The Cybersecurity Threats That Keep Banks Alert

People in charge of vast volumes of valuable financial data are under increasing pressure to keep customer data safe from hackers & fraudsters.

2017-05-10

Thieves Drain Protected Bank Accounts

A known security hole in the networking protocol used by mobile phone providers enabled a string of attacks that emptied bank customer accounts.

2017-05-03

Cyber Should Be Standalone Insurance

Treating cyber risk as a standalone insurance risk promises to unlock the potential for meaningful coverage for both insurers & buyers.

2017-04-24

Targeted Ransomware Attacks Are Focusing On Business

Cyber criminals are increasingly turning their attention from attacks against private users to targeted ransomware attacks against businesses.

2017-04-24

Cybercrime Cost The Global Economy $450Billion In 2016

Hiscox Insurance chief says there is an epidemic of cybercrime costing billions. Yet, 53% of US, UK and German businesses are unprepared.

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