Warren Buffett worried about ‘huge losses’ in booming insurance market

Warren Buffett worried about ‘huge losses’ in booming insurance market

One of the messages that Warren Buffett and Berkshire Hathaway’s top insurance executive, Ajit Jain, sent to investors during the company’s annual shareholder meeting in Omaha last month was that cyber insurance, while currently profitable, still has too many unknowns and risks for Berkshire, a huge player in the insurance market, to be fully comfortable … Read more

After a big hack, Microsoft is tying top executive pay to cyberthreats

After a big hack, Microsoft is tying top executive pay to cyberthreats

Microsoft has come under fire recently from both the U.S. government and rival companies for its failure to stop a Chinese hack of its systems last summer. One change the tech giant is making in response: linking executive compensation more closely to cybersecurity. In April, a government review board described a hack of Microsoft last … Read more

Cyber-physical attacks fueled by AI are a growing threat, experts say

Cyber-physical attacks fueled by AI are a growing threat, experts say

Network security graphic user interface background. Da-kuk | E+ | Getty Images When most people hear about cybersecurity hacks they envision frozen monitors, ransomware demands, and DDoS attacks that compromise connectivity for a few hours or even days. Some experts, though, are worried that with the arrival of widespread artificial intelligence in the hands of hackers … Read more

Hackers see wealth of information to steal in kids’ school records

Hackers see wealth of information to steal in kids’ school records

Young male student preparing for the test listening online lessons on headphones Milan Kostic | Istock | Getty Images The education community — students, teachers, parents, staff and those connected to all of them — are barraged with threats to their physical safety. Now, they’re also increasingly dealing with the kind of threats that don’t … Read more