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July 20, 2016

There has been a sharp increase in hacking and malware attacks on financial institutions in the first six months of 2016, particularly on institutions with revenues below $35 million, Beazley has said in a report.

Beazley has published its Beazley Breach Insights report...

April 25, 2016

Fraud involving ATM skimming is on the rise, according to data from FICO Card Alert Service, which monitors transaction data for bank clients. FICO doesn't release specific numbers, but recently reported a nearly 550 percent increase nationwide in the number of ATMs co...

April 19, 2016

In partnership with various insurers in the London market, ASR is now offering a comprehensive credit (or non-payment) insurance program to cover the inability of the borrower, for whatever reason, to repay monies due under a lending agreement. Credit policies are conf...

April 18, 2016

Police in New York City have warned that virtual kidnapping is on the rise. Virtual kidnaps involve a criminal telephoning a victim and falsely claiming to have kidnapped a family member of the victim. Criminals often claim to be members of a notorious organized crime...

April 7, 2016

Seven severe US convective storm events impacted nearly every part of the country during March, according to the new Global Catastrophe Report from Impact Forecasting, Aon Benfield's catastrophe model development team.

 

The report evaluates the impact of the natural dis...

March 18, 2016

Hacking for ransom is on the rise. Typically, hackers gain access to your computer systems and either block access to your systems or threaten to release sensitive data unless a ransom is paid. In most cases, the hackers demand that their ransom is paid by bitcoin, a v...

March 8, 2016

A bail hearing is set for the Florida man accused of orchestrating the heist of $4.8 million in gold bars from a truck along Interstate 95 in North Carolina.

 

Prosecutors want a judge at Tuesday's hearing to keep 46-year-old Adalberto Perez jailed until his trial. Perez...

March 8, 2016

Active shooting incidents are rising. The average number of such shooting attacks increased from about one every two months to more than one a month, or 16.4 annually, from 2007 to 2013, according to a study by the FBI and Texas State University. The FBI defines an “ac...

Cybercriminals took an average $32,000 from small business accounts, according to a December survey of owners by the advocacy group National Small Business Association. And businesses don't have the same legal protection from bank account fraud consumers have.

 

The Elec...

February 29, 2016

 

A series of tornadoes have struck the South and Mid-Atlantic US, making 2016 the worst year for such storms in the area since 2008, according to catastrophe modelling firm RMS.

 

On Tuesday and Wednesday Feb 22/23, a severe weather outbreak in the South and Mid-Atlantic...

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