Tag: cyber crime

Futuristic banking security could change the game for hackers

We’re used to our miniature card-readers and well-versed in keychain dongles which generate a unique passcode before we can log in to our online accounts. But these once new-fangled features are rather old hat when it comes to banking security. What’s next? From dynamic PIN numbers to iris scanners, there’s...

Understanding cyber insurance

The media go to phrase of the past decade when it comes to cyber insurance has undoubtedly been “Cyber Attack”. Which for you and I means a data breach leading to the theft of valuable data, we’ve seen numerous examples from the fifteen year old American who managed to hack...

Cyber crime insurance among manufacturers up 89% from 2015

According to figures from Advisen Ltd, manufacturers paid $36.9 million in premiums for cyber insurance in 2016. Those figures are up a staggering 89% from 2015. But why all of a sudden are manufacturers rushing to their insurance brokers to take out cyber policies? With cyber-attacks on big businesses never...