Chinese IT companies are acting to defend their country against cyber attack risks, which are increasingly a threat to national security. China Electronics Technology Group Corporation (CETC) signed a memorandum with Microsoft on Thursday ...
Tags: IT companies, cyber attack, cybersecurity
Hickory Ground Solutions, LLC, of Heathsville, Va., is helping to ease the pain of potential tornado destruction in Central Oklahoma's oil industry with supply chain mapping analysis. This area gets hit hard with a lot of tornados. It can ...
The UK's biggest companies are not considering cyber risks in their decision making, according to a new survey from the Department for Business, Innovation and Skills. The survey, dubbed the cyber governance health check, was sent by the ...
Tags: UK, FTSE, cyber risks, Government
Internet surveillance by the National Security Agency (NSA), leaked to the media by ex-contractor Edward Snowden, has shifted companies' priorities when sizing up cloud services providers in and outside the U.S., experts say. The economic ...
Tags: Cloud, Computer Products
Cyber-attacks have risen to the top of the list of threats for UK banks according to the Bank of England’s director of financial stability, Andrew Haldane, but understanding and management of the risk is still at an “early ...
Tags: Bank of England, Cyber-Attacks
Singapore-based privately held insurance broker Lockton has appointed Angel Kuan as the new development director of its Global Technology and Privacy Practice Under her new role, Kuan will primarily be responsible for the development of ...
Tags: Lockton, Development Director, Service
American International Group (AIG) has introduced CyberEdge mobile application for iPads, intended to provide improved information on cyber risk and assist in dealing with the same. The new application has been designed following a survey ...
Tags: Cyberedge Mobile Application, AIG
The Hartford Steam Boiler Inspection and Insurance Company (HSB) has launched a new cyber risk insurance coverage to safeguard smaller commercial organizations from growing information security exposures threats. Providing broad coverage ...
Tags: HSB, Cyber Attacks
The UK has joined 25 countries in committing to a set of principles intended, they claim, to make digital networks more secure and resilient. Foreign secretary William Hague signed the World Economic Forum's Partnering for Cyber ...
Tags: digital networks, Cyber Resilience, UK Cyber Security Strategy U
Companies must take responsibility for cyber security at board level to tackle the exponential growth in attacks, the government has urged. The warning comes as ministers launch a Cyber Security for Business booklet to encourage company ...
Current business security models fail to prepare for cyber threats in the face of highly sophisticated, powerful cyber attack tools that are no longer the preserve of nation states, as they filter down to a wider community of attackers. ...
Tags: security models, hackers, cyber attacks, Cyber criminals
Marsh has introduced CloudProtect, a new insurance solution designed to protect companies against first-party losses stemming from a cloud service provider's failure. The company said that the new risk transfer solution, developed in ...
Tags: Marsh, CloudProtect, insurance solution, cyber risk insurers
XL Group has added six seasoned underwriters to its US cyberliability underwriting group, and also appointed a new vice president to its Select Professional group, in a bid to expand its technology underwriting capabilities in New York, ...
Tags: XL Group, underwriters, new vice president, Select Professional group
CFC Underwriting, London-based cyber risk specialist MGA, has introduced a new terrorism and sabotage (T&S) product to provide coverage against terrorist attacks. The newly launched standalone product is designed to provide coverage ...
Tags: CFC Underwriting, cyber risk, risk management, insurance, insurance policy
Global risk and reinsurance intermediary Guy Carpenter & Company and CloudInsure have teamed up to address and bring emerging insurance services that is in line within the Cloud technologies. Under the agreement, the cloud insurance ...
Tags: risk, reinsurance, Guy Carpenter Company, insurance service