cyberattacks News

Auto Industry, U.S. Reach Agreement to Improve Safety, Cybersecurity

The U.S. Transportation Department and 17 automakers have reached agreement on efforts to enhance safety, including sharing information to thwart cyberattacks on their increasingly wired vehicles. Automakers including General Motors Co., Ford Motor Co. and Toyota Motor Corp. also agreed …

U.S. Sees 20% Jump in Cyberattacks on Critical Manufacturers

U.S. Department of Homeland Security investigations of cyberattacks on the nation’s critical manufacturing sector nearly doubled in the year ended Sept. 30, according to the agency. The Department of Homeland Security’s Industrial Control Systems Cybersecurity Emergency Response Team, or ICS-CERT, …

Research Suggests User Routines Key to Preventing Email Phishing

The cumulative number of successful phishing cyberattacks has risen sharply over the last decade, and in 2014 that figure surged past the total U.S. population. To date, about 400 million breaches have yielded hackers some kind of personal information, according …

Businesses Need to be Better Prepared for Cyberattacks

Results of a study on corporate confidence in responding to a data breach are in and of the 604 executives who responded, just 34 percent feel their company’s data breach response plans are effective. Though data breaches ranked second only …

Sanctions Possible if China Cyberattacks Against U.S. Businesses Don’t Stop

The U.S. could consider criminal charges or sanctions against China if the U.S. determines hackers there are violating an agreement not to conduct economic cyber espionage on American industry, a senior Justice Department official said Tuesday. The remarks by John …

Cyber Claims Handling Strategy Still Evolving

Reinsurance executives polled at the recent 2015 PCI annual meeting by Guy Carpenter & Company agreed that cyber continues to be the most threatening emerging risk. As the number of data breaches mount, more focus is being placed on the …

Risk Managers Say Not Enough Being Done to Thwart Hacking Incidents

According to a new survey, 55 percent of risk managers are not confident their company is dedicating enough resources, in terms of dollars or personnel, to combat the evolution of hacking techniques. In a recent podcast interview with Claims Journal, …

Continued Attacks to Drive Cyber Insurance Market by 2020

Risks to drive U.S. $10 billion cyber insurance market by 2020, according to ABI Research. Continued and sustained cyberattacks are having a ruinous effect on enterprises and driving up the cost of incident response. With over 900 million reported records …

eBay Security Chief Outlines 3 Main Drivers of Hacker Activity

It seems there’s nowhere to hide these days from cyberattacks. Major breaches have exposed critical data at banks, retailers, health care providers and the government, as evidenced by word this month that hackers compromised personal information of at least 4 …

Utah Researchers Work on Way to Thwart Next Generation of Cyberattacks

The next generation of cyberattacks will be more sophisticated, more difficult to detect and more capable of wreaking untold damage on the nation’s computer systems. So the U.S. Department of Defense has given a $3 million grant to a team …