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Hackers Breached Virginia Bank Twice in Eight Months, Stole $2.4M

Krebs on Security

The email allowed the intruders to install malware on the victim’s PC and to compromise a second computer at the bank that had access to the STAR Network , a system run by financial industry giant First Data that the bank uses to handle debit card transactions for customers. ” . ”

Banking 197
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Does Your Business Depend on Stronger Election Security?

Adam Levin

If you doubt it, consider the recent Chubb survey , which found a 930% increase in cyber insurance claims filed by businesses alongside this: 75% of respondents believing that their companies had “excellent” or “good” cybersecurity practices.

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How MFA and Cyber Liability Insurance Effectively Manage Risk in Higher Education

Duo's Security Blog

Cyber insurance providers seem to have also noticed this from their ransomware incident response engagements for insurance claims, and in response they’re starting to require that their customers use MFA. MFA is core to implementing a zero trust stance to protect your campus.

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Cyber Defense Magazine: Exclusive Interview with Robert Herjavec

Herjavec Group

“Long-distance teleportation has been recognized as a fundamental element in protocols such as large-scale quantum networks and distributed quantum computation,” said the Chinese team. When it came to human interfaces in personal computing, it’s obvious that Steve Jobs was a visionary. Meanwhile back on earth….

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Annual Reports: How They Warn of Cyber Risk

SecureWorld News

Lastly, Accenture confirms it has cyber insurance, but if it is under-insured, the business could still face significant impacts from a cyberattack and the resulting litigation: These monetary damages might not be subject to a contractual limit of liability or an exclusion of consequential or indirect damages and could be significant.

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Company Hires Hacker for Corporate Espionage

SecureWorld News

At the core of this case is the fact that NAAIP hired a hacker to capture the computer code belonging to Compulife. A bot can request a huge amount of data from the target's server—technically one query at a time, but several queries per second—and then instantaneously record the returned information in an electronic database.

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Insurance Occurrence Assurance?

Andrew Hay

From the article: In its lawsuit (PDF), National Bank says it had an insurance policy with Everest National Insurance Company for two types of coverage or “riders” to protect it against cybercrime losses.