Organizations are embedding connected digital technologies in their information technologies, operational technologies, and end products, making cyber a top organizational priority. Innovating fast...
PWC was challenged for the unlawful processing of their employees' data
The Greek Data Protection Authority issued a fine of € 150,000 against PWC under the GDPR for unlawful processing of the...
Business email compromise (BEC) has overtaken ransomware and data breach by hackers as the main driver of AIG EMEA cyber claims, according to the latest cyber claims...
CyberOwl has engaged with over 50 shipping owners, operators and equipment manufacturers in the last 12 months. More is being done on vessel cyber-physical security than is publicly evident....
Cybersecurity issues are increasingly becoming a concern in mergers and acquisitions, a new survey shows, and lapses can jeopardize deals or haunt purchasers long after the deal is done.
Of more than...
Every day, more than 50,000 merchant ships cross the oceans with millions of cargo containers in tow, signalling the need for fast and efficient communications aboard vessels, and between land and...
Ransomware attacks skyrocket, Q1 2019
Ransomware attacks skyrocketed in the first quarter of 2019, according to the Beazley Breach Response (BBR) Services team, which...
During the 2019 SAFETY4SEA London Conference, Mr. Chronis Kapalidis, Cyber Expert, Hudson Analytix, talked about cyber threats in shipping. He noted that cyber attacks are becoming more...
Last year, we responded to over 1,000 cyber claims comprised of theft of funds, data breaches, ransomware & extortion, malware and more.
Here are some of...
Near about 70% of senior maritime sector administrators in the US believe, the sector is prepared to respond to cyber attacks, whereas half of that number believes their own businesses are ready....
Beazley Breach Response Services publishes latest annual report
Business email compromises (BEC) accounted for 24% of the overall number of incidents reported to Beazley Breach Response (BBR)...
One of the world's biggest aluminium producers has switched to manual operations at some smelting plants following a "severe" ransomware attack.
Hydro, which employs more than 35,000 people in 40...
As technology has revolutionized nearly every industry, and consumers are presented with more choice than ever before, IP has become one of the most critical assets for today’s modern...
Making cyber insurance compulsory would help improve the way businesses respond to cyber attacks and data breaches, a cyber risk expert has said.
Freya Ollerearnshaw of Pinsent Masons, the law firm...
There can often be a disconnect between a company’s management of its IP risks and its other risks. It is rare for risk managers to become involved in evaluating and managing risks related to a...
A new cyber risk has been threatening companies in recent months, playing into the fears of business owners and employees and trying to blackmail them out of money.
International specialist...
On 25 May 2018 new data breach notification laws came into force across Europe which fundamentally changed the risk profile for organizations suffering a personal data breach.
Under the EU General...
Opportunistic cyber criminals are engaging in a new, darker strain of email compromise by attempting to bribe recipients into paying crypto-currency ransoms using so-called ‘sextortion’...
NeuroSOC, as part of the malware/abuse service that it provides, has recently captured two samples which concern a spam campaign (a DHL General Price Increase e-mail and...
The latest threat to cybersecurity isn’t a new form of attack vector — it’s the operational risk that can occur when using Microsoft Office 365 (O365). Research firm Gartner found that 13% of...