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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. Companies with an annual revenue of US$250,000 to US$999,999 report feeling less prepared to deal with cyber risks in 2023 (76%) than they did in 2022 (70%).

Risk 189
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Russia-linked APT28 compromised Ubiquiti EdgeRouters to facilitate cyber operations

Security Affairs

. “As early as 2022, APT28 actors had utilized compromised EdgeRouters to facilitate covert cyber operations against governments, militaries, and organizations around the world.” APT28 was also observed exploiting the critical privilege escalation vulnerability CVE-2023-23397 (CVSS score: 9.8)

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The Week in Cyber Security and Data Privacy: 20 – 26 November 2023

IT Governance

9 million records breached through decade-long data leak A former temporary employee of a subsidiary of NTT West (Nippon Telegraph and Telephone West Corp) illegally accessed about 9 million personal data records over the course of a decade (2013 to 2023). Breached records: more than 56 million.

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6 climate change adaptation strategies every organization needs today

IBM Big Data Hub

Learn more about managing climate risk As we saw in New York in September 2023, extreme precipitation can quickly stymie the ability to conduct “business as usual” and create a ripple effect of ramifications. In the electrical utility sector, overgrowth around powerlines increases susceptibility to storm or wildfires damage.

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The Week in Cyber Security and Data Privacy: 12 – 18 February 2024

IT Governance

Further victims of Harvard Pilgrim Health Care ransomware attack identified Harvard Pilgrim Health Care suffered a ransomware attack in April 2023, which it has been investigating since then. In response to ASA’s apparent refusal to negotiate, ALPHV is threatening to “contact clients, business partners, and competitors” next week.

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IBM and Tata Consulting Services collaborate to drive hybrid cloud adoption with IBM Power Virtual Server

IBM Big Data Hub

In 2023, TCS was selected to FORTUNE® magazine’s list of the World’s Most Admired Companies. Finally, the client experienced enhancements in security, resiliency, capacity and energy efficiency as a result of migrating their workloads to IBM Power Virtual Server. This upgrade resulted in improved overall performance.

Cloud 61
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The Week in Cyber Security and Data Privacy: 5 – 11 February 2024

IT Governance

In November 2023, Northwell Health – the largest health system in New York – confirmed that it was affected by the incident. TB KSA Architecture Source New Construction and real estate USA Yes 1.5 TB Cole, Cole, Easley & Sciba Source New Legal USA Yes 1.5 TB JP Original Corp Source New Manufacturing USA Yes 1.2