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Cyber tag returned 381 results

  • (Re)insurance to look at governments and capital markets to boost cyber risk capacity

    Rating agency Standard & Poor's says it is inevitable that insurance and reinsurance firms will look to both the government and capital markets to help in boosting available cyber risk capacity. It says that if a prudent approach to underwriting and accumulation management isn't followed, the economic loss potential associated with cyber risks will be enormous.

    Asia Risk | 14 Aug 2019
  • Major flaw discovered in iOS devices

    Security researchers have discovered a flaw that would allow databases to become compromised and inflict malicious code on devices running iOS, Android, and more.

    Asia Risk | 14 Aug 2019
  • General insurer to protect Malaysian businesses from cyber risks

    Designed to protect Malaysian businesses from cyber risks proliferating in the ASEAN region, 'Cyber SafeGuard' is a new insurance product introduced by MSIG Malaysia in collaboration with cyber insurance specialist MS Amlin. Both insurers are members of the MS&AD Insurance Group, considered as one of the largest general insurance groups in the world.

    Asia | 13 Aug 2019
  • Singapore: New rules implemented to strengthen cyber security in financial institutions

    The Monetary Authority of Singapore (MAS) on 6 August introduced a set of new requirements for financial institutions, aimed at "raising the cyber security standards and strengthen cyber resilience".

    Asia | 07 Aug 2019
  • Cyber insurance likely to create 'false sense of security': Study

    Seven in 10 senior financial executives at the world's largest companies believe their insurer would cover most or all of the losses their company would incur in a cyber attack. However, many of the losses they foresee are typically not covered by insurance policies, revealed a recent study commissioned by commercial property insurer FM Global and conducted by CFO Publishing.

    Asia | 01 Aug 2019
  • Top 4 website security tips for development and hosting

    Too many small and medium-sized businesses (SMBs) have a pervasive, persistent delusion: "We're too small - hackers wouldn't be interested in us." But it's never really been true.

    Asia Risk | 31 Jul 2019
  • Password stealing malware are on the rise globally

    The malware 'Password Stealers' has witnessed a significant rise in 2019. According to a report from Kaspersky, the number of users targeted by these password stealers peaked from less than 0.6m in the first half of 2018 to over 0.94m in the first half of 2019.

    Asia Risk | 31 Jul 2019
  • Singapore ranks 11th globally as a source of cyber threat

    The latest data from Kaspersky Security Network (KSN) of the global cyber-security company Kaspersky has uncovered more than two million incidents which originated from servers located in Singapore. This places Singapore at 11th place globally when it comes to locations with the greatest number of incidents caused by servers hosted in the country.

    Asia Risk | 24 Jul 2019
  • Digital criminals made off with $45bn in 2018

    A new report on cyber-attack trends that combines information from a number of high-level sources reveals that cyber-crime became a $45 bn industry in 2018, up tens of billions of dollars from the previous year.

    Asia Risk | 24 Jul 2019
  • Australia: Cyber insurance specialist expands with new hire and office

    Emergence Insurance has expanded to Western Australia by opening a new office in Perth which will be headed by new business development underwriter James Lee. The insurer is said to be a pioneer of cyber cover in Australia and provides protection for SMEs through to ASX-listed entities.

    Asia | 22 Jul 2019

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