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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. Beazley’s underwriters in the United States focus on writing a range of specialist insurance products.

Risk 189
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Driving Conversations Around Careers In Telematics

Information Governance Perspectives

John Danenberger, CPCU, is Corporate Counsel at State Farm Insurance and specializes in addressing emerging issues around telematics. In 2015, he successfully transitioned from a military career as a trial attorney for the JAG Corps to working in telematics in corporate America for State Farm Insurance.

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Ransomware infected systems at Xchanging, a DXC subsidiary

Security Affairs

Xchanging is a business process and technology services provider and integrator, which provides technology-enabled business services to the commercial insurance industry. Xchanging is primarily an insurance managed services business that operates on a standalone basis.” Pierluigi Paganini. SecurityAffairs – hacking, DXC).

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The Week in Cyber Security and Data Privacy: 16–22 October 2023

IT Governance

Breached organisation: D-Link Corporation, Taiwanese networking equipment manufacturer. Incident details: Successful phishing attack, breaching records on a server that reached end of life in 2015, though the information itself was “of low-sensitivity and semi-public”. Records breached: Around 700 records.

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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. .

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Think Ransomware Can’t Put You Out of Business?

Adam Levin

Manufacturing giant Honda had its networks brought to a standstill by just such an attack. The numbers point to a nascent blame game, which in turn points to the need for companies large and small to make sure they have cyber insurance–often the only thing between your company and an extinction-level cyber event.

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The Hacker Mind Podcast: Hacking High-Tech Cars

ForAllSecure

As more and more automotive manufacturers start incorporating computer technology into their expensive BMWs, Mercedes Ferraris and Porsches. This streetwise criminal realized he could defeat the manufacturers' anti theft software with his own. Vamosi: In 2015 Samy Kamkar debuted at DEF CON and attack he called a role jam attack.