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A survey by U.S.-based cyber security firm FireEye Inc. found that more than 50% of companies across the world are not prepared to face a cyber attack, Mashable reported. Nearly 30% of firms that have cyber attack and breach mitigation plans in place have not updated them in the last 12 or more months. Less than 5% said that they are not ready to face a data breach at all.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees