Insurance company AIG will expand its current cyber insurance offering to include property damage and bodily injury exposures, providing customers an enhanced layer of protection. The CyberEdge PC is designed for companies that sometimes suffer equipment failure, physical harm to personnel, or physical damage to property, as hackers breach a larger scope of technologies.
Hackers have reportedly breached everything from heart rate monitors and pacemakers to traffic lights and connected devices - and there is significant risk to U.S. infrastructure - which AIG hopes to help clients avoid by expanding insurance coverage.
"Cyber risk goes well beyond data privacy concerns covered by standalone cyber insurance offerings prevalent in the market," said Tracie Grella, AIG Global Head of Professional Liability, in a press statement. "The physical risk of a cyberattack or cyber event to property and people is very real, and it can now be specifically and unambiguously addressed with expanded cyber insurance coverage that dovetails with existing insurance."
The U.S. Department of Health and Human Services (DHHS) and HITRUST recently conducted CyberRX, the first healthcare industry cyberattack simulation. Incident response coordination and collaboration are important, though many departments tend to keep security practices internal and not share successful techniques.
The standard national cybersecurity framework isn't effective to keep critical infrastructure protected, so healthcare providers and private sector security specialists must team up to be better prepared for threats.
"The initial exercise, although limited in number of participants, is a significant step in establishing an industry CyberRX exercise playbook and formal program; identifying areas where organizations should focus; identifying opportunities for greater collaboration and information sharing between organizations, HITRUST and government; and identifying what gaps exist and where industry needs additional support to (be) better prepared," said Kevin Charest, U.S. Department of Human Services Chief Information Security Officer.
The FBI sent a private memo to healthcare providers, warning them of increased threat of cyberattacks, especially with lackadaisical security methods that open patients up to further risk. Healthcare IT is continuing to evolve and does get better, but security loopholes and savvy criminals are still causing problems for medical IT specialists.
"The healthcare industry is not as resilient to cyber intrusions compared to the financial and retail sectors, therefore the possibility of increased cyber intrusions is likely," the FBI said in its memo.
As noted by security experts previously, health care data traded on the black market is more valuable than credit and debit card information. The personal information found in medical records includes information that makes it even easier to access bank accounts, commit fraud, or steal prescription drugs - a lucrative currency among criminals, too.
There was an upswing in distributed denial-of-service (DDoS) attacks during the fourth quarter of 2013, according to Akamai, in its "State of the Internet Report." Its customers reported 1,153 DDoS attacks in 2013, a 50 percent increase year-over-year - and a notable 23 percent increase from Q3 to Q4 last year.
Cybercriminals are able to launch DDoS attacks against major targets with little overhead, and overall ability to compromise servers makes DDoS a very notable attack method.
Enterprise and commerce continued to be the industries targeted most frequently by the reported DDoS attacks in the fourth quarter, at 159 and 82 attacks, respectively," Akamai said in a press release. "Together, they account for just under 70% of the reported attacks during the quarter, while slightly less than half of the total attacks were reported by customers in the Americas."
Prior to President Barack Obama's first trip to Japan, there was a bit of a mishap in Tokyo's Haneda International airport. A Skymark Airlines employee reportedly lost a printout with a list of passwords which was found after 30 minutes on an airport terminal floor.
It's unknown what type of access would be granted using the lost passwords, airport officials changed all passwords as a preventative security measure.
Although software and hardware security continues to evolve, companies need to do a better job training employees to keep information secure. There is a problem of 'password fatigue' among employees, though there has to be some sort of guidelines available - especially when co-workers are opening one another up to potential data theft.
The Boston Children's Hospital was recently targeted in a wave of cyberattacks trying to bring down its website, though cybercriminals were unsuccessful, and no patient data was taken in the attempted breach.
"Over the weekend and through today, Boston Children's Hospital's website has been the target of multiple attacks designed to bring down the site by overwhelming capacity," said Rob Graham, hospital spokesperson, in a statement.
Hospital officials have reported police authorities and an investigation is currently underway - no hacker or hacker groups have stepped forward to take credit for the attempted breach.
Amazon has made no secret over the years that it wants to earn all your business. You can get just about anything you can think of from Amazon and you can now buy your groceries there. Amazon has announced Prime Pantry, a grocery delivery service available anywhere in the lower 48 states.
With Prime Pantry, you can go and find all the snacks, dinner stuff, drinks, toiletries, personal hygiene, and other items you need. Add them to your cart and Amazon keeps a running total of how full your Prime Pantry Box is.
Verizon has enjoyed a massive Q1 2014, seeing a total of $30 billion in revenue, with $20.9 billion of that coming from Verizon Wireless - its cellular-based business. This is an increase of close to 7% compared to the same quarter of 2013, but growth in Verizon's retail stores was slightly lower.
Verizon Wireless has had a profit margin of 35%, which is an increase of 2.1% year-over-year. This represents a nice $7.3 billion. The increase can be attributed to Verizon's $130 billion purchase of the remaining 45% of Verizon Wireless that Vodafone had. A lot of the increased revenue and profits were from the new 549,000 subscribers that Verizon Wireless added this year.
One of the games that won many awards with reviewers over the last couple of years is the XCOM franchise. This game has players fighting against an alien invasion to save the world. Originally, the game launched for game consoles. Last year it landed for iOS gamers.
Android fans that have wanted to get the game can now hit Google Play and get it. XCOM: Enemy Unknown sells for $9.99 and will work with select Android tablets and smartphones. Devices require Android 2.3 or higher and the game is a 2.6GB download.
If you are one of the folks that coughed up big money for one of the early models of Sony's 4K TVs, you might be bummed now to realize that streaming services like Netflix are using a format your set doesn't support. Sony is trying to fix that issue with the launch of a new streaming media player for 4K content that adds in support for HEVC.
Netflix is using HEVC H.265 for streaming its shows like House of Cards. Out of the box, Sony 4k sets before the recent 2014 models didn't support that format. The FMP-X5 media player brings support for that format to the older TVs. This is defiantly a product for early adopters since very little content is out there right now.