Cybersecurity

Bipartisan Harvard panel recommends hacking safeguards for elections

Bipartisan Harvard panel recommends hacking safeguards for elections

Published 20/11/2017

FILE PHOTO: An unidentified voter casts his ballot at a local polling station in Miami November 2, 2010. REUTERS/Hans DerykSAN FRANCISCO (Reuters) - A bipartisan [more…]

Travelers says it is in `right spot` for cyber insurance exposure

Travelers says it is in `right spot` for cyber insurance exposure

Published 13/11/2017

Travelers Cos Inc (TRV.N) plans to stick to its recent growth pace for sales of cyber insurance, which protects businesses against hacking and other liabilities, despite potential to boost it, as the insurer assesses risks in the segment, its head of specialty insurance said on Monday. [more…]

Equifax warns on post-breach costs, revenue hit

Equifax warns on post-breach costs, revenue hit

Published 10/11/2017

Equifax Inc on Friday issued a fourth-quarter profit outlook that fell short of Wall Street expectations, saying the massive breach of its consumer data earlier this year would hurt sales and result in costs of $60 million to $75 million during the period. [more…]

Nepal bank latest victim in cyber heists, recovers most of the funds

Nepal bank latest victim in cyber heists, recovers most of the funds

Published 10/11/2017

A bank in Nepal is the latest victim in a string of cyber heists, though most of the stolen funds have been recovered, two officials involved in the investigation confirmed on Tuesday. [more…]

Equifax profit falls as hacking costs take toll

Equifax profit falls as hacking costs take toll

Published 10/11/2017

Equifax Inc (EFX.N) on Thursday reported lower quarterly profit, and quarterly revenue missed estimates, as the credit bureau warned that its massive data breach had prompted some customers to hold back business. [more…]

Merck Keytruda sales soar, but European application pulled

Merck Keytruda sales soar, but European application pulled

Published 27/10/2017

Merck & Co (MRK.N) on Friday said quarterly sales of its Keytruda cancer immunotherapy exceeded $1 billion for the first time, but it withdrew an application for European use of the drug in lung cancer, raising questions about future sales. [more…]

Former FireEye CEO joins cyber venture fund Allegis

Former FireEye CEO joins cyber venture fund Allegis

Published 27/10/2017

Technology executive Dave DeWalt has joined early-stage cyber-security venture capital firm Allegis Capital as a managing director, the fund said on Thursday, as it looks to invest more in companies closer to going public. [more…]

Kaspersky Lab says it will submit software for independent review

Kaspersky Lab says it will submit software for independent review

Published 23/10/2017

Kaspersky Lab will ask independent parties to conduct security reviews of its widely used anti-virus software to help dispel allegations that the Russian government uses the products to conduct espionage, the Moscow-based company said on Monday. [more…]

Microsoft responded quietly after detecting secret database hack in 2013

Microsoft responded quietly after detecting secret database hack in 2013

Published 17/10/2017

Microsoft Corp's secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a corporate database. [more…]

Researchers uncover flaw that makes Wi-Fi vulnerable to hacks

Researchers uncover flaw that makes Wi-Fi vulnerable to hacks

Published 17/10/2017

Cyber security watchdogs and researchers are issuing warnings over risks associated with a widely used system for securing Wi-Fi communications after the discovery of a flaw that could allow hackers to read information thought to be encrypted, or infect websites with malware. [more…]