Acting on an intelligence tip and an Interpol Red Notice, the Czech Republic Police performed an FBI-aided raid on October 5, arresting Yevgeniy Aleksandrovich Nikulin of Moscow, who was suspected
Aon Risk Solutions announced Monday that James C. Trainor was appointed the new senior vice president of its Cyber Solutions Group. Trainor had a venerated career at the Federal Bureau
Aon Cyber Risk Management Leader Adam Peckman has deemed 2016 as the record breaking year for data breaches, claiming that this year will far surpass the previous record year. With
Research from the National Cyber Security Alliance shows that 60 percent of small businesses are unable to withstand the six months following a cyber-attack due to the massive price they
Last Friday’s Distributed Denial of Service (DDoS) attack on DNS provider Dyn Inc., used Mirai, a new malware program, to access internet of things (IoT) devices and flood Dyn’s computers
XL Catlin Cyber & Technology has announced cyber endorsements tailored specifically for the financial, healthcare, retail and energy sectors. The extended coverages will address each industry’s cyber risks differently based
In order to offer more capacity to cyber insurance buyers, underwriters are beginning to look at the capital markets for increased coverage levels and higher limits. According to a recent
Businesses large and small have been moving to cloud services due to the benefits it has to offer: savings, security, agility and scalability. In fact, a Harvard Business Review survey
Cyence, an economic modeling platform designed to assess cyber risk has been getting a lot of attention in the insurance industry, as it already raised $40 million in funding and
According to market valuations and future predictions, experts believe the cybersecurity market is slowing due to new selective tendencies many venture capitalist and corporate executives are embodying in relation to