Corporates risk missing out on efficiencies and costs savings if the simply rely on their banks to deliver blockchain innovation, warns Grainne McNamara, principal advisor at PricewaterhouseCoopers (PwC).
The recent NotPetya cyberattack underlined the need for organisations to address their exposure and how to mitigate the risk.
Many banks around the world, large and small, continue to experience major security failures. Biometric systems such as pay-by-selfie, iris scanners and vein pattern authentication can help.
Accidental data breaches are causing almost as much concern as the steady rise in ransomware attacks, reports insurer Beazley.
More than $140,000 worth of bitcoins paid by victims of the May ransomware attack has been withdrawn from digital wallets nearly three months later.
The European police agency recorded an 11% increase in incidents worldwide over the 12 months to March this year.
A study by the London-based insurance market warns that economic losses could be similar to losses unleashed by Superstorm Sandy in 2012.
In the wake of the Petya ransomware attack on businesses in Russia, Ukraine and Western Europe, there are several basic steps that companies and organisations can take to improve their resilience.
A report by the Lloyd’s of London insurance market finds that the sector is second only to financial services as the target of attacks.
The rapid rise in the incidence and audacity of cyberattacks has caught many organisations unprepared. This article outlines the basic elements of a robust defence policy.