Hackers have finally done what bond issuers may have feared most from cyber criminals. A ransomware attack on Pleasant Valley Hospital in West Virginia was partly responsible for the hospital’s breach of its covenant agreement, according to a notice to …
Cyberattacks in Ohio have disrupted airport flight displays, led to the shutdown of a help line during a winter storm and cut off access to police investigation reports temporarily. The Buckeye State is fighting back. Its first volunteer cyber reservists …
An Illinois man who has been hacking since he was a teenager was sentenced last week to 13 months in prison and ordered to forfeit $542,925 for operating a service that charged subscription fees to hackers who launched millions of …
Healthcare providers and government agencies across the U.S. have seen an increase in cybersecurity breaches in recent months, exposing sensitive data from hundreds of thousands of people as the sector scrambles to find adequate defense mechanisms. “These threats are real,” …
Though several factors affect a firm’s cyber risk, people remain the critical vulnerability, according to Scott Stransky, assistant vice president and principal scientist with AIR Worldwide. In an audio interview with Claims Journal, he explained the evolving risk and what …
Oil and gas companies, including some of the most celebrated industry names in the Houston area, are facing increasingly sophisticated hackers seeking to steal trade secrets and disrupt operations, according to a newspaper investigation. A stretch of the Gulf Coast …
U.S. insurers are becoming more skilled at underwriting and pricing stand-alone cyber insurance policies as businesses show a greater interest in protecting themselves from data breaches and attacks, according to the Insurance Information Institute (I.I.I.). “More than 60 carriers offer …
As investors and investigators weigh the damage of Yahoo’s massive breach to the internet icon, information security experts worry that the record-breaking haul of password data could be used to open locks up and down the web. While it’s unknown …
Most risk professionals believe that forecasting risk will not get any easier in the next three years, with cyberattacks and regulation topping the list of areas from which emerging risks will likely arise, according to a new report published jointly …
Uncle Sam is looking for a few good hackers. As part of an effort to test its cybersecurity, the U.S. Defense Department is challenging computer geeks from the private sector to hack its public websites and networks. To sweeten the …