Is it really worth it to pay ransomware? The FBI has issued a statement recommending victims to not pay the ransom and backup files instead. For some organizations, such as
Singapore looks to take charge globally in the cyber insurance scene as the country’s industry looks to grow as much as 50 percent within the coming year. With this growth,
The collection of more actuarial data, as well as detailed underwriting and rating information, will hopefully drive the insurance industry to the next level as it will better represent insureds
Due to an absence of high-profile data breaches in recent months, cyber insurance rates declined in the first quarter of 2016, say insurance industry brokers. According to Marsh, “The average
MedStar Health, a Maryland-based healthcare company, was infected with a computer virus forcing the company to shut down its email and records database, leaving hospitals and thousands of employees to
After months of continuous debate and with the help of Israeli data extraction company Cellebrite, the FBI has successfully unlocked the encrypted iPhone belonging to San Bernardino shooter, Syed Farook.
A growing concern of cyber risk among corporations has led to an increase of cyber insurance purchases, according to a recent report by Marsh LLC titled Benchmarking Trends: Operation Risks
Recent data breaches and cyber-attacks in the healthcare industry, including the Monday attack on MedStar Health, raises the question of why the industry is not doing more to protect its
Across the nation, nearly 50 elite law firms have been targeted by a Russian cybercriminal seeking access to confidential client information. Oleras, the “mastermind” behind the attempt, has reportedly been
The U.S. Justice Department has charged seven Iranians working for the Islamic Revolutionary Guard Corps for attempting cyberattacks against dozens of U.S. banks and a failed attempt to take over
