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U.S. Treasury Department Seeks Public Comment On Potential Federal Cyber Insurance Program

Data Matters

Treasury Department is seeking public comment on the need and scope for a potential federal insurance response to catastrophic cyber incidents, akin to the one put in place for terrorism insurance after the attacks of September 11, 2001. The request, published by the Federal Insurance Office (FIO) in the U.S. Background.

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U.S. Treasury Department Seeks Public Comment On Potential Federal Cyber Insurance Program

Data Matters

Treasury Department is seeking public comment on the need and scope for a potential federal insurance response to catastrophic cyber incidents, akin to the one put in place for terrorism insurance after the attacks of September 11, 2001. The post U.S.

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Pharmaceutical giant Cencora discloses a data breach

Security Affairs

formerly known as AmerisourceBergen, is an American drug wholesale company and a contract research organization that was formed by the merger of Bergen Brunswig and AmeriSource in 2001. The company discovered the security breach on February 21 and immediately launched an investigation into the incident. Cencora, Inc.

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Phishers Target Anti-Money Laundering Officers at U.S. Credit Unions

Krebs on Security

The USA Patriot Act , passed in the wake of the terror attacks of Sept 11, 2001, requires all financial institutions to appoint at least two Bank Secrecy Act (BSA) contacts responsible for reporting suspicious financial transactions that may be associated with money laundering.

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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. 11, 2001, terrorist attacks. The 9/11 attacks cost insurers and reinsurers $47 billion.

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Russians Shut Down Huge Card Fraud Ring

Krebs on Security

In a statement released this week, the Russian Federal Security Service (FSB) said 25 individuals were charged with circulating illegal means of payment in connection with some 90 websites that sold stolen credit card data. In 2006, Stroganov and an associate Gerasim Silivanon (a.k.a.

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Bitdefender vs. McAfee: Consumer & Enterprise Endpoint Security Software Compared

eSecurity Planet

Endpoint security software is designed to detect, avert, and eradicate malware on endpoint devices like desktop computers, laptops, network servers, and mobile phones. Endpoint security solutions are available in three forms—personal, small and mid-sized business (SMB), and enterprise use. Bitdefender Premium Security.

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