A new form of cyber intrusion has emerged in recent months: cryptojacking. Unlike hacking that steals software or a user’s data, cryptojacking occurs when a computer is unknowingly hijacked to extract or “mine” data for cryptocurrency. The rise of cryptojacking can be traced to Monero, a digital currency introduced in 2014 as an alternative to bitcoin. Digital currency is not… Continue Reading
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Welcome to CyBIR - our Cyber and Privacy Breaches: Insurance and Reinsurance blog. Our CyBIR blog is intended to provide current and topical information as well as insightful commentary on the insurance and reinsurance implications of cyber risks and privacy breaches.