Lloyds
Insurance company says it will no longer cover state funded Cyber Attacks
Lloyd’s of London Insurance, simply known as Lloyd’s Insurance, has released a media update that it will no longer cover losses that were incurred because of cyber wars among nations. The company was also specific in its statement that its latest decision will also not cover damages incurred because of operational disruption caused by attacks […]
Britisher who launched Cyber Attacks on Lloyds and Barclays extradited
British National Daniel Kaye who launched cyber attacks on Lloyds and Barclays banks has been extradited from Germany to face charges in the UK. The alleged mastermind is facing charges for launching DDoS attacks and disrupting up to 20 million accounts. Daniel, 29, is also accused of attempting to blackmail the bank’s senior officials by […]
Cyber attack on Wonga Database affects 250,000 customer bank details
British Payday loan offering company Wonga has made it official that a data breach occurred on its database leaking critical info of more than 250,000 of its customers. The UK-based payday loan lender added that the stolen details could include addresses, names, bank account numbers, and sort codes. Officials from Wonga said that around 245,000 […]
UK Government to share cyber attacks data with cyber insurance firms
UK Government has finally bowed to the repeated requests made by Lloyd’s Insurance to share data related to cyber attacks. In early 2016, Lloyd’s Bank put forth a proposal before GHCQ to make the cyber attack data available to companies serving cyber insurance. In June this year, Lloyd’s again asked the UK government to accept […]
