Zurich-based Perils and CyberAcuView have launched a US-focused Cyber Industry Loss Index to track losses resulting from systemic cyber incidents. The index, which includes events exceeding a $500m loss, aims to bolster capital flow in the cyber insurance market. The data gathered will support the future development of cyber risk models, according to Luzi Hitz, CEO of Perils.
New Triada comes preinstalled on Android devices
A new variant of the Triada Trojan has been discovered pre-installed on Android devices, enabling data theft from the moment the device is set up,
