cyber insurance
Fear of Cyber Attacks surges Cyber Insurance Buy!
SecureData, one of Europe’s Largest Independent Security Services Provider has discovered in a survey that the fear of cyber attacks is surging up the ‘Cyber Insurance Buy’ from business operating across the UK to cover the mounting losses. “Cyber attacks are coming thick and fast as the tools of the hackers are getting sophisticated. And […]
Companies taking Cyber Insurance are vulnerable to Ransomware Attacks!
WatchDog, a Seattle based Internet Security Solutions provider has discovered in its research that some tech-savvy cybercriminals are now interested in exploiting companies which have a cyber insurance cover. That’s because a policy cover related to cyber attack can not only offer a compensation to a ransomware incident but can also offer a full pay […]
Hackers lock law firm files for three months with ransomware
Hackers launched a cyber attack on a Providence Law firm last year locking down its database for more than three months. They also demanded $25,000 paid in the form of digital currency in exchange of data. But eventually, they failed to provide a workable key meant to decrypt files as soon as they received their […]
Shipping companies are extremely vulnerable to Cyber Attacks
As per the World’s 1st container line offering company Maersk, hackers can easily take on GPS systems and cause a crash to a ship on its course line. But Insurance companies are refusing to offer cyber threat coverage from such incidents to their clients. And with more than 90% of world trade being made through […]
Europe witnesses a simulated cyber attack on retail sector
European retail sector witnessed a simulated cyber attack on certain organizations last week. As per the reliable sources, the attack was hosted by Europol European Cyber Crime Center (EC3) in association with MasterCard and was aimed to raise awareness around cyber attacks. Since Cyber crooks are increasingly targeting European merchants; the cyber attack exercise which […]
