Hashtag: #CyberSecurity
CCS Offer Cybersecurity Governance Consulting
CCS Group has added cybersecurity governance consulting to its roster of services. “This type of service is typically offered by specialty or accountancy firms. Although these firms conduct the security compliance audits for Bermuda businesses, they often don’t have the resources to help remediate the cybersecurity gaps illustrated by the audits,”... Read more of this article
Minister: ‘Cybersecurity Is A National Priority’
“Cybersecurity is a national priority,” Minister of National Security Wayne Caines said in the House of Assembly today [Nov 10], adding that “recent events reinforce that the threats to the jurisdiction as a whole are real.” Noting that “Cyber incidents not only have the potential to interrupt services and damage our systems;... Read more of this article
Appleby: ‘Not Leak, An Illegal Computer Hack’
[Updated] Following the Leader of the Opposition’s comments in UK Parliament, Appleby said they “wish to make it clear that our firm was not the subject of a leak but of an illegal computer hack,” and also added that they are a “global organisation” and it “is not factually correct to state that Appleby has its headquarters... Read more of this article
Govt & Police On Appleby Data Allegations
[Updated with video] The Bermuda Government said they note “reports concerning aspects of the operations of Appleby Global, in various jurisdictions including Bermuda,” and “relevant authorities in Bermuda will review any new matters raised,” while the Bermuda Police Service confirmed they have “not received any related... Read more of this article
Telegraph Report On “Bermuda Cyber Hack”
[Updated] “Some of the world’s richest people were braced for their financial details to be exposed on Tuesday night after a major offshore company admitted that its computer records had been hacked,” the UK’s Telegraph reported in a story headlined “Super-rich fear their financial details will be exposed following Bermuda... Read more of this article
Cybersecurity Group Warns Of “KRACK”
The Minister of National Security Wayne Caines is warning the public of a “weakness in a security protocol that Wi-Fi devices rely on has put wireless-enabled devices at risk of attack.” A Ministry spokesperson said, “The Key Reinstallation Attack, or “KRACK” can allow an attacker within range of a Wi-Fi network to gain access to unencrypted... Read more of this article
Potential US Cyber Security Regulations
The New York Department of Financial Services [NYCRR 500] is pushing to establish “regulatory minimums” to protect companies and consumers against cyber threats. Among other requirements, they are creating stricter guidelines around how companies assess and monitor their security effectiveness and that of their third parties. Stephen Bull, Managing... Read more of this article
Minister: ‘Cybersecurity Is A National Priority
Minister of National Security Wayne Caines said in the House of Assembly on Friday [Sept 22] that “Government has determined cybersecurity as a national priority,” as “without strong cybersecurity awareness and preparedness, our personal and financial safety, economic prosperity, and national security is at risk.” Minister Caines... Read more of this article
‘Cybersecurity Is Critical To Future Prosperity’
“Cybersecurity is critical to our future prosperity and security” as the “evolution of technology has fundamentally changed our security landscape, Minister of National Security Wayne Caines said today. Speaking during the opening of the Cybersecurity Framework Workshop at BUEI, Minister Caines said, “On behalf of the Government... Read more of this article
Sept 20: Cybersecurity Framework Workshop
Minister of Transport & Regulatory Affairs Walter Roban and Minister of National Security Wayne Caines will be hosting a Cybersecurity Framework Workshop on Wednesday, September 20 to “raise awareness of the need for cybersecurity preparedness.” A Government spokesperson said, “A leading authority on cybersecurity will head a Bermuda... Read more of this article
Column: Law Firms & Cyber Security
[Opinion column written by Chris Garrod] Hello Hackers My veterinarian was recently hacked. Someone wanted to extort money from them as ransom for private information they held. On dogs… and cats. And of course, more realistically, their clients. It was dealt with and they beefed up their software and data systems. But, to me, it was a telling example... Read more of this article
Protecting Personal Information: You Prepared?
As cybercrime stories continue to grab headlines around the world, with each high profile hack and data breach, the protection of personal information remains a major concern for businesses in Bermuda. As personal information becomes an increasingly valuable business asset, data protection and cybersecurity are no longer just IT concerns; increasingly,... Read more of this article
Advisory: Petya Ransomware Variant Outbreak
The Ministry of National Security is today [June 27] advising that a new variant of Petya ransomware, also known as Petwrap, is spreading rapidly due to the same Windows SMBv1 vulnerability that the WannaCry ransomware abused. A spokesperson said, “The Bermuda Government’s Cybersecurity Working Group has been monitoring the concerns, and has... Read more of this article
CCS Group Becomes Cylance MSSP Partner
CCS Group Limited today [June 26] announced that it has become an official Managed Security Services Provider [MSSP] partner with Cylance Inc, the company that revolutionized traditional antivirus with AI-powered prevention that blocks everyday malware along with today’s most advanced cyberthreats. A spokesperson sai, “As a Managed Security... Read more of this article
KPMG: Bermuda & Caribbean Cyber Security
A multiregional survey by KPMG indicated that Bermuda is slightly more prepared against cyber security threats in relation to its Caribbean counterparts. The analysis found that 15% of Bermuda based companies defined Cyber Security as a boardroom responsibility, compared to 11% across the region, and 20% globally. KPMG’s Cyber Benchmark Survey compared... Read more of this article
Fitch: Demand For Cyber Insurance To Increase
The slew of recent ransomware attacks in over 150 countries reveals the widening scope of corporations’ cyber risk exposures, which is likely to increase demand for related insurance protection, Fitch Ratings says. “Insurers are in a unique position to assist customers in addressing the cyber threat. However, a cautious approach to adding cyber... Read more of this article
