article thumbnail

News Alert: QBE North America launches new cyber insurance program with Converge

The Last Watchdog

New York, NY, July 27, 2023 – QBE North America today announced the launch of a cyber insurance program with new MGA, Converge, acting as program administrator. Tom Kang, CEO, Converge, added, “We’re thrilled to partner with QBE North America given their experience and reputation in the cyber insurance market.

Insurance 188
article thumbnail

Ransomware attacks break records in 2023: the number of victims rose by 128%

Security Affairs

Ransomware groups claimed that they successfully targeted 4191 victims in 2023, Cybernews researchers report. of attacks in 2023), while summer was the most active for ransomware attacks (30.4%). The top 10 groups, based on the number of victims, collectively account for 59% of the total victims in 2023.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2022 Retail Industry Year in Review

Hunton Privacy

On January 25, 2023, Hunton Andrews Kurth’s retail industry team released its annual Retail Industry in Review publication, which provides an overview of key issues and trends that impacted the retail sector in the past year, as well as a preview of relevant legal issues retailers can expect to arise in 2023.

Retail 61
article thumbnail

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. These threats are fast evolving and unfamiliar, with many companies being caught on the back-foot when dealing with the risk.

Risk 189
article thumbnail

Automotive parts giant AutoZone disclosed data breach after MOVEit hack

Security Affairs

American retailer and distributor of automotive parts and accessories AutoZone discloses a data breach after a MOVEit attack. AutoZone is an American retailer and distributor of automotive parts and accessories. The company is one of the largest aftermarket automotive parts and accessories retailers in the United States.

article thumbnail

Data Breaches and Cyber Attacks in November 2023 – 519,111,354 Records Breached

IT Governance

IT Governance’s research has found the following for November 2023: 470 publicly disclosed security incidents. We also discuss the biggest breaches on our 2023 overview of publicly disclosed data breaches and cyber attacks. 519,111,354 records known to be breached. This blog provides analysis of the data we’ve collected.

article thumbnail

VF Corp December data breach impacts 35 million customers

Security Affairs

In December 2023, VF Corp announced it was the victim of a ransomware attack and was forced to take some systems down to contain the threat. On December 13, 2023, VF Corp detected unauthorized access to a portion of its infrastructure. The incident interrupted retail store inventory replenishment and delayed order fulfillment.