Progress Software, the firm behind MOVEit file transfer software, is to seek a full payout of its $15m cyber insurance policy following a security breach that affected major organizations. A claim relating to a previous incident has already been paid. Experts predict that continual high-value payouts will result in premiums rising and coverage requirements becoming more rigorous, as insurers are driven to increase revenues to balance loss ratios. A knock-on effect of this trend has been closer collaboration between insurers and policy holders to help shape risk profiles.
WordPress users targeted by devious new credit card skimmer malware
E-commerce websites running on WordPress are being targeted by cybercriminals who are inserting malicious JavaScript code to steal payment information, Sucuri cyber security researchers have
