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Welcome to the Weekly Business Digest!

 

This is a weekly series we're starting to highlight the best articles and stories happening all around the web. It's a great opportunity for you to sound off and share your voice!

 



LinkedIn exploit 'left millions exposed' to malware

Exploits in LinkedIn's own security measures potentially allowed hackers to spread malicious files across the social networking site and infect millions of user PCs, it has been claimed.

 

The Microsoft-owned professional networking site, that boasts over 500 million users in 200 countries, allows members to chat, share CVs and send job descriptions to others in their network using a messenger service.

 

Visit IT PRO to get filled in.

 



USS John S McCain incident, some experts speculate it was a cyber attack

On Monday, the USS John S McCain collided a Liberian-flagged tanker near Singapore. The incident had serious consequences on the US operation, the Chief of Naval Operations Adm. John Richardson ordered a pause, at the same time the U.S. Navy started an investigation. US Military fears the incident might have been caused by a cyber attack.

 

This is the fourth accident involving U.S. Navy ships in the Pacific this year.

 

Security Affairs has the full story.

 



The Pitfalls of Cyber Insurance

Cyber insurance is 'promising' but it won't totally protect your company against hacks.

 Imagine an insurance market plagued by eye-popping premiums and deductibles, skimpy coverage, a lack of standards that makes "apples-to-apples" comparisons of policies nearly impossible, and customers who are at a significant disadvantage because they don't fully understand their risks or how much coverage they need.

 

No, the above isn't a description of the individual health insurance market; it describes the enterprise cyber-insurance market.

 

Chris McDaniels from Dark Reading has the full scoop.

 

What was your favorite story from the past week? Let us know in the comments!
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