Lake Michigan CU to Buy Florida Bank

The $5.1 billion Lake Michigan Credit Union in Grand Rapids said Monday it will buy the $418 million Encore Bank, which makes the definitive agreement the largest bank acquisition by a credit union to date. The Naples-Fla.-based bank, which serves about 20,000...

A New Hacker Threat: Messages Inside Images

Kaspersky Lab researchers identified a new trend: malicious hackers increasingly using steganography, a digital version of an ancient technique of hiding messages inside images, to conceal the tracks of their activity. In recent months, Kaspersky Lab researchers...

The Changing World of Cyber Liability Insurance

In May, a piece of ransomware known as “WannaCry” paralyzed businesses, government entities and Great Britain’s National Health Service in one of the largest global cyberattacks to date. The following month, it was “Petya,”...