As airlines and airports increasingly become targets of cyber attacks, the EU’s aviation safety agency has urged taking cyber threats “seriously” by launching a common strategy. In the US, Turkey, Spain, Sweden and recently in Poland, aircraft infected with...
Most people love how their smartphone can provide a single point of access to their personal information, financial data, medical records, photos, videos and gaming apps, as well as work-related email, calendars, documents and other business...
With the expected digitalisation of global shipping fleets comes the growing risk from cyber threats that could enter ship systems via their satellite links. Within the next 10 years, shipowners, managers and vessel operators will be linking many more...
These days there are two kind of companies: those that have been hacked, and those who don't yet know they've been hacked. In 2015, the Identity Theft Resource Center tracked 781 total breaches that exposed more than 169 million personal data records. Those Cyber crimes...
The stakes are getting higher. Screens go blank at a Ukrainian power provider. A hospital is reduced to pen and paper record keeping. These aren’t scenarios from the latest video game, but headlines representing the state of cybersecurity. Last year set a high bar...
Piracy, cybercrime and the potential salvage challenges posed by “mega ships” are listed among risks facing the shipping industry in an Allianz report on safety in the sector. The 2016 Safety and Shipping review points to the potential risk of pirates using cybercrime...
New York Fed reveals spelling of ‘foundation’ as ‘fandation’ prompted bank to seek clarification and stop transfer, but hackers still got away with about $80m. A spelling mistake in an online bank transfer instruction helped prevent a nearly $1bn heist last...
Companies failing to disclose data breaches or the full cost of such attacks is the biggest challenge for pricing cyber risk, a senior underwriter has said. Matthew Hogg, underwriting manager and vice-president of commercial underwriting...
Google and enterprise software firm Red Hat have discovered a critical security flaw affecting the Internet's Domain Name System (DNS), found in a universally used protocol. This means an attacker could use it to infect almost everything on the entire internet...
We learn about data breaches almost every day, and the first-line victims range from large, seemingly sophisticated companies to the local dentist’s office. Our ability to assess and understand...
