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Cyber|Decider Launch

In association with STORM|Guidance we are supporting the launch of the Cyber|Decider tool to help the insurance service providers and brokers better understand and contrast the current portfolio of cyber policies available in the UK market.

Cyber insurance policy comparison has always been a time-consuming and technical challenge.  The Cyber|Decider tool is a UK developed, simple-to-use solution to this problem and has been designed to allow both side-by-side comparison and drill-down into leading cyber policy wording with consistent and clear structure.

Cyber|Decider assists risk specialists and brokers with independent insight into leading cyber insurance policies and the areas of cover provided.

Click the button below to register for the launch event.

Potential Opportunity For A Cybersecurity Scholarship

CyberSolace is supporting Royal Holloway University of London identify suitable candidates looking to pursue a scholarship opportunity to study Cybersecurity.

If you know of anybody that is looking to retrain into the cyber security profession, for example, returners-to-work after parental leave, those who are currently unemployed, and mid-career transitioners, please let them know about four scholarships that we have.  The scholarships (for the full tuition fee) are restricted to UK or EU citizens who are normally resident in the UK.

The scholarships are for the 2016-17 academic year.

 

Mexico & Philipines National Voters Databases Hacked & Leaked

The details of 93.4 million voters, the entire voting age population of Mexico and 73 percent, the large majority of Mexico’s 119 million citizens, were exposed online late last week.
The leak comes just weeks after a similarly large flood of voter details in the Philippines. COMELEC, the filipino electoral commission was breached only a couple of weeks ago resulting in the leak of 55 million voter records which were published online in a searchable format soon after.

Hackers Arrested for Attack that Cost the Market $80 Billion

Three Syrian men have been charged (in Mar-2016) with launching high-profile cyber-attacks on U.S. institutions, including one incident that sent the Dow Jones Industrial Average down by more than 140 points.

The trio, allegedly part of a group known as the Syrian Electronic Army, are accused of hacking into computer systems operated by Harvard University and news outlets including the Associated Press and Thomson Reuters Corp. over a two-year period starting in 2011, federal prosecutors said Tuesday.

The alleged hackers include Ahmad Umar Agha, 22, known online as “The Pro,” and Firas Dandar, 27, who goes by the online alias “The Shadow.” They took over the Associated Press’s Twitter feed in 2013 and sent fake alerts that U.S. President Barack Obama had been injured in a White House bombing, according to prosecutors. The bogus dispatches caused the Dow to fall by 143 points on April 23, 2013, wiping out more than $80 billion in value.

 

Bangladesh Central Bank Hack – One Of The Biggest To Date

Hackers breached Bangladesh Central Bank’s systems and stole its credentials for payment transfers, two senior officials at the bank said. They then bombarded the Federal Reserve Bank of New York with nearly three dozen requests to move money from the Bangladesh Bank’s account there to entities in the Philippines and Sri Lanka, the officials said.

Four requests to transfer a total of about $81 million to the Philippines went through, but a fifth, for $20 million, to a Sri Lankan non-profit organisation was held up because the hackers misspelled the name of the NGO, Shalika Foundation.