Article archive

How Absolut Vodka will use the Internet of Things to sell more than 'static pieces of glass' by Shona Ghosh

07/08/2015 10:37
Most FMCG companies sell 'dead products', in that once they're off the shelf, there's little more a brand can do to talk to a consumer. The Internet of Things promises to change this, signalling a future where beer bottles, trainers and fire alarms are connected to the internet and can...

INTERNET OF THINGS AND CYBERSECURITY by Kevin L. LaRoche & Scott Widdowson

07/08/2015 10:33
Introduction The "Internet of Things" (IoT) is the developing web of objects embedded with microchips capable of allowing sending and receiving data, and so connecting them to the network we call the Internet. In an article in the Harvard Business Review late last year, Michael Porter and James...

Fiat Chrysler Auto Recall Highlights Rising Fears About IoT Hacking

04/08/2015 21:34
NEWS ANALYSIS: The recall of 1.4 million Fiat Chrysler vehicles to update software to prevent a difficult-to-execute hack of onboard control systems highlights the rising fears about Internet of things security. The hacking and remote takeover of a 2014 Jeep Cherokee by a pair of security...

Cyber insurance market to hit US$10 billion by 2020, ABI Research suggests

03/08/2015 12:31
Risks will drive a US$10 billion cyber insurance market by 2020, suggests ABI Research, a London, United Kingdom-based technology market intelligence company with offices in North America, Europe and Asia.   With over 900 million reported records exposed in 2014, ABI Research said in...

2015 Black Hat Attendee Survey

03/08/2015 06:25
2015: Time to Rethink Enterprise IT Security Executive Summary In 2015, enterprises will spend more than $71.1 billion on information security – more than they have ever spent before, according to Gartner Group figures. Yet, the incidence of major data breaches – as evidenced by compromises at...

CYBER INSURANCE IS GROWING IN AUSTRALIA

26/07/2015 17:07
AUSTRALIAN CYBER SECURITY CENTER HIGHLIGHTS THE RISE OF CYBER ATTACKS IN THE COUNTRY A growing number of companies in Australia are beginning to find solace in cyber insurance protection. According to the Australian Cyber Security Center, the country’s digital networks are experiencing an...

Law Firms See Insurance as Bulwark Against Data Breach

26/07/2015 17:04
David Johnson had just finished meeting with a cybersecurity consultant about beefing up the company’s protections when he learned the servers had been hacked. As general counsel of Global Cash Access, a company that manages cash on hand for casinos, Johnson was highly concerned about...

Weekly Wrap: Insurance industry reacts to car hack by Lena Woods

24/07/2015 17:57
Industry reacts to car hack A leading cyber insurance expert has calmed fears following the cyber attack, reported on Insurance Business yesterday, that allows hackers to control a moving vehicle. The attack, first reported bywired.com, saw two security researchers take control of a...

Cyber Blackout Could Cost Insurers $71 Billion, Lloyd’s Reports by Caroline McDonald

24/07/2015 17:54
A cyberattack targeting the U.S. power grid would have widespread economic implications, resulting in insurance claims of between $21.4 billion and $71.1 billion in a worst case scenario, according to a report by Lloyd’s. Lloyd’s and the University of Cambridge’s Centre for Risk Studies recently...

United hackers given million free flight miles By Chris Foxx

17/07/2015 13:40
    US airline United has rewarded two hackers who spotted security holes in its website with a million free flight miles each. The flight provider operates a "bug bounty" scheme that rewards hackers for privately disclosing security flaws rather than sharing them online. It has...
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