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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. trillion by 2025, a 300% increase since 2015 1. Yet, boardroom focus on cyber risk appears to be diminishing.

Risk 189
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VF Corp December data breach impacts 35 million customers

Security Affairs

In 2015, the company controlled 55% of the U.S. The incident interrupted retail store inventory replenishment and delayed order fulfillment. “VF will be seeking reimbursement of costs, expenses and losses stemming from the cyber incident by submitting claims to VF’s cybersecurity insurers. million customers.

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Key Ring digital wallet exposes data of 14 Million users in data leak

Security Affairs

The images include scans of government-issued IDs, retail club membership and loyalty cards, NRA membership cards, gift cards, credit cards with all details exposed (including CVV), medical insurance cards, medical marijuana ID cards, and more. ” ~ Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->.

Retail 104
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US-based children’s clothing maker Hanna Andersson discloses a data breach

Security Affairs

The US-based children’s clothing maker and online retailer Hanna Andersson discloses a data breach, attackers planted an e-skimmer on its e-commerce platform. Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->. Hannah Anderson was breached. Notices started going out there 15th.

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Iran-linked APT group Pioneer Kitten sells access to hacked networks

Security Affairs

” PIONEER KITTEN hackers to date have focused their attacks against entities in North American and Israeli, while targeted sectors include technology, government, defense, healthcare, aviation, media, academic, engineering, consulting and professional services, chemical, manufacturing, financial services, insurance, and retail. .

Access 90
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8 Ways to Protect Yourself against Scams on Black Friday and Cyber Monday

Adam Levin

in 2015 when BBB began collecting data. Legitimate retailers are never going to make you dig for the deals, so they aren’t going to put the good stuff in an attachment. It’s not just attachments from retailers, but also from shipping companies or financial institutions. On top of that, 80.5% Still, it’s important to be wary.

Retail 95
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Danish company Demant expects to incur losses of up to $95 after cyber attack

Security Affairs

million of expected insurance coverage. “A little less than half of the estimated lost sales relates to our retail business where a significant number of clinics have been unable to service end-users in a regular fashion. The Group’s IT infrastructure was hit by cyber-crime.” ” reported ComputerWord.

Sales 75