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The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

Source (New) Transport USA Yes 3,815 Okta Source 1 ; source 2 (Update) Cyber security USA Yes 3,800 Shah Dixit & Associates, P.C. million for security failings relating to a 2018 cyber attack on its mobile banking platform. Source (New) Professional services Netherlands Yes 28.3 UniCredit fined €2.8

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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017.