Sales of cyberattack insurance tripled in 2016, top insurers say

Business Jul 9, 2017

Sales of cyberattack insurance tripled in 2016, top insurers say

Three major nonlife insurance companies saw sales of cyberattack policies more than triple to over 1,000 clients combined in fiscal 2016. Demand for cyberattack insurance, which covers losses caused by damaged computer systems, is surging as cybersecurity concerns spread to small and midsize firms. The Japan ...

Editorials May 15, 2017

The 'WannaCry' wake-up call

The deepening integration of information technologies into all facets of daily life has created dangerous vulnerabilities that need to be addressed.

Hackers exploit stolen U.S. spy agency tool to launch global cyberattack

World May 13, 2017

Hackers exploit stolen U.S. spy agency tool to launch global cyberattack

A global cyberattack leveraging hacking tools widely believed by researchers to have been developed by the U.S. National Security Agency hit international shipper FedEx, disrupted Britain's health system and infected computers in nearly 100 countries on Friday. Extortionists tricked victims into opening malicious malware attachments ...