cyber security News

Fears of Hacking Increase Demand for Cyber Insurance

For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the brave new world of cyber crime insurance, it’s free marketing for what could be a $10 billion opportunity. …

US Location No Protection Against Cyber Threats

The United States has long relied on its borders and superior military might to protect against and deter foreign aggressors. But a lack of boundaries and any rulebook in cyberspace has increased the threat and leveled the playing field today. …

Commentary: Banks Using Outdated Security Questions

Your mother’s maiden name is probably not a secret. Neither, necessarily, is your high school mascot or the size of your car payment. But some banks and brokerages still pretend this is information only you would know, and that could …

McAfee: Cyber Criminals to Target Cloud Technology, IoT Systems

Hackers are expected to take advantage of vulnerabilities associated with cloud technology and the Internet of Things, according to McAfee Labs 2017 Threat Predictions report, released late last year. Other predictions, including a major advancement in threat intelligence sharing, hacktivists …

Digital Trends Impacting Insurance Claims Departments in 2017

Customer engagement, improved usability in all claims systems and expanded use of data analytics are just a few of the trends predicted for 2017 as insurers pick up the pace on digitization, according to Ed Charlton, global director for Strategies …

Cybersecurity Needs to Catch up With Auto Technology

Most people are familiar with the process of updating the software on their computer and mobile phone, but cyber components—and cybersecurity—are not limited to computers and smart phones. Today’s automobile is a smart device and is highly sophisticated. A modern …

Kardashian Robbery Highlights Cell Phone Data Vulnerability

Getting robbed at gunpoint is a horrifying enough experience. But if you’re Kim Kardashian West, you can pretty easily replace your jewelry (since we can assume it was insured). More valuable than the reported $11.2 million in ice that was …

Wells Fargo: Private Data Loss More Concerning to Businesses Than Hackers

With network security top of mind, businesses are nearly two times more concerned with losing private data (47 percent ) than hackers disrupting their systems (26 percent), according to the 2016 Network Security and Data Privacy Study, released by San …

Researchers Make Drones Crash on Purpose to Expose Design Flaws

Sales of drones—small flying machines equipped with cameras—are soaring. But new research by a Johns Hopkins computer security team has raised concerns about how easily hackers could cause these robotic devices to ignore their human controllers and land or, more …

President Plans New Top Level Cyber Official

The Obama administration is creating a new high-level federal official to coordinate cybersecurity across civilian agencies and to work with military and intelligence counterparts, as part of its 2017 budget proposal announced Tuesday. The $19-billion increase in cybersecurity funding across …