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Merck settles with insurers regarding a $1.4 billion claim over NotPetya damages

Security Affairs

known as Merck Sharp & Dohme (MSD) outside the United States and Canada, is an American multinational pharmaceutical company. It is one of the largest pharmaceutical companies globally, engaged in the research, development, manufacturing, and marketing of a wide range of healthcare products. Merck & Co., Merck filed a $1.4

Insurance 112
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Encryption – A Feasible Savior against Prevalent Privacy Issues in Business Communication

Security Affairs

Even though encryption should be taken seriously by businesses of all sizes, only a small fraction of the corporate sector puts their back on it. I remember that in early 2017, the business world was hit by ransomware, which felt to them like a speedy bullet shot at their blind spot.

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Understanding Blockchain and its Impact on Legal Technology, Part Two

eDiscovery Daily

Areas such as financial services, technology, manufacturing, pharmaceutical, and energy industries all needed systems with these two factors. The audit trail itself is visible to all participants yet allows encryption of individual transactions. How Blockchain Works.

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2019 end-of-year review part 1: January to June

IT Governance

Victims of Equifax’s 2017 data breach were given the go-ahead to launch a class-action lawsuit. This meant they weren’t encrypted, making them freely accessible to as many as 20,000 employees, most of whom had no legitimate reason to access the information. million people – just under a third of the country’s population.

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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.

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GUEST ESSAY. Everyone should grasp these facts about cyber threats that plague digital commerce

The Last Watchdog

Ransomware programs gain access to a computer’s file system and execute a payload to encrypt all data. WannaCry 2017 is well-known for the stir and panic it caused in May 2017 by affecting thousands of NHS hospitals, delaying critical medical procedures, and rerouting ambulances. NotPetya shook the entire world in June 2017.

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The Applications of Blockchain in Data Management

AIIM

In 2017, an attack on the consumer credit reporting agency, Equifax, leaked the personal details of around 150 million individuals. Security methods, such as encryption, are useful in the fight against data breaches, but they cannot offer complete protection. Data Security. Traceability can relate to its internal or external use.