In 2011, Sony’s PlayStation network was hacked, with 77 million accounts affected, leaving the company with a final bill of $170 million in damages. Unfortunately for Sony, its general liability
On Tuesday, June 14, it was discovered that hackers, who are believed to have ties with the Russian Government, had access to the Democratic National Committee’s database for over a
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
