U.S. Companies to Face New Cyber Reporting Requirements

According to new rules approved by Congress, companies critical to US national interests will now be required to report when they are hacked or pay ransomware. The rules are part of a larger effort by the Biden administration and Congress to strengthen the country’s cyberdefenses following a series of high-profile digital espionage campaigns and disruptive… Continue reading U.S. Companies to Face New Cyber Reporting Requirements

Like ‘Terminator,’ High-Tech Cyber Crime to ‘Keep Coming’

Hacker using laptop. Hacking the Internet.

Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime —and the costly attacks are not going to stop, a top expert at insurer Sompo Holdings Inc. said on Tuesday. “It’s like the Terminator: They’re just going to keep coming at you” because it is profitable, Brad… Continue reading Like ‘Terminator,’ High-Tech Cyber Crime to ‘Keep Coming’