Author Archives: admin

Dashcam evidence lost in Atlanta ransomware attack

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Hackers have launched a SamSam ransomware attack on Atlanta’s IT department, affecting nearly a third of the state’s software. The attack closed Atlanta’s courts for several weeks. The damage includes years of police records, including the irretrievable loss of a large amount of dashcam video footage. The state declined to… Read more »

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Introducing CFC’s Cyber Case Study Series

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Although cyber insurance is simple at its core – where property insurance protects against the theft, loss or damage of tangible assets, cyber insurance does the same for intangible assets – claims often develop in unexpected ways. That’s why we’re launching a Cyber Case Study Series, which will take a… Read more »

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Do health wearables pose a security risk?

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On one level, wearable healthcare could be the answer to many of the problems faced by patients, hospitals and medical practitioners – by providing better monitoring, freeing up beds and saving money. On the other hand, they could add another cybersecurity risk to the already hard-pressed healthcare industry. While clinical… Read more »

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UK attorney general talks tough on cyberattacks

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In a recent speech at Chatham House, Britain’s Attorney General has declared that state sponsored cyberattacks should be viewed as acts of war and punished accordingly. Singling out Russia and North Korea, Jeffrey Wright QC called for sanctions against any country that tries to interfere with democratic elections or disrupt critical… Read more »

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Chinese exploit cyber-arms dealer to spread malware

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HackingTeam is an Italian IT company that sells offensive intrusion and surveillance capabilities to governments, corporations and law enforcement agencies – but their technology is also being used by less scrupulous users. It now appears that Chinese cybercriminals are exploiting a breach suffered by HackingTeam in 2015 to infect thousands… Read more »

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IoT tool vulnerable to downgrade attack

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Z-Wave protocol is a radio frequency-based communications technology created to facilitate the management of Internet of Things appliances. Unfortunately, despite its sophisticated encryption system, Z-Wave is vulnerable to a downgrade attack – a protocol that forces computers to abandon their high-quality mode of operation in favour of a less effective… Read more »

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Banks go to war on cybercrime

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With cyberspace the new global battlefield, the finance sector is finding itself in the firing line; and it’s having to draft in appropriate personnel to fight back – many of them former soldiers, spies or counter-intelligence agents. With cybercrime losses now amounting to $445 billion per annum, the need for… Read more »

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Can businesses afford to ignore cyber insurance?

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As the threat of cybercrime grows in quantity and scale, so too does the need for insurance cover. CFC, which recently came out top in the Insurance Times Cyber Product Report, is a pioneer in cyber insurance. The London-based specialist lines insurance provider has witnessed a dramatic rise in the… Read more »

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Killer malware may be linked to Russian government

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Tech colossus Cisco has revealed that an unpleasant strain of malware has infected half a million consumer and small business routers across the globe. The VPNFilter malware, which is rumoured to be Russian state-sponsored, can resist rebooting, attack other machines, harvest communications and even has the capacity to kill an… Read more »

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US service company hit by data breach

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The Delaware-based Corporation Service Company, which supplies leading companies, banks and law firms with business services, has suffered a hack – resulting in over 5000 Californians losing personal information and payment data. The incursion took place in November 2017, when CSC detected that an intruder had penetrated its system and… Read more »

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