A new study from F5 networks indicates that 36 percent of businesses still have yet to construct a plan of action in response to becoming victimized by a cyber-attack. When
On Thursday, June 9, Wendy’s announced that a point-of-sale (POS) data breach from last February may be much worse than initially anticipated. Back in May, the company reported that malware
Through a unanimous voice vote, the House Appropriations Subcommittee on Homeland Security approved a spending bill to increase the budget for the Department of Homeland Security (DHS) by $120.5 million,
Research firm Trend Micro has released a report finding that at least one ransomware group now offers a live chat option to help talk victims through the bitcoin purchasing process.
While cybersecurity threats were once viewed as a possible but unlikely scenario, a recent report by cyber risk analytics Bay Dynamics suggests that times have changed. Board members are now
Technology security firm Symantec Corp is set to buy privately held cybersecurity company Blue Coat for $4.65 billion. This cash deal intended to “ramp up Symantec’s enterprise security business,” will
In possibly the first-ever ruling on a cyber insurance policy, a federal court in Arizona recently rejected restaurant chain P.F. Chang’s attempt to recover an additional $2 million from a
It is no secret that the insurance industry is changing as technology companies attempt to modernize the industry. While insurtech has been an emerging trend over the past year, purchasing
The final part of Sean Martin’s three part series on cyber insurance dives into determining coverage through analyzing risk in an industry lacking solid actuarial data. To combat this problem,
Mimecast Limited, a leading email and data security company, issued a warning to companies cautioning that their cyber insurance policies may not be fully up-to-date in covering new social engineering