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As of May 2024, Black Basta ransomware affiliates hacked over 500 organizations worldwide

Security Affairs

In December 2023, Elliptic and Corvus Insurance published a joint research that revealed the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. Most of the victims are in the manufacturing, engineering and construction, and retail sectors. ” reads the CSA. The average ransom payment was $1.2

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VF Corp December data breach impacts 35 million customers

Security Affairs

On December 13, 2023, VF Corp detected unauthorized access to a portion of its infrastructure. “Based on VF’s preliminary analysis from its ongoing investigation, VF currently estimates that the threat actor stole personal data of approximately 35.5 million customers. million individual consumers.”

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Report Shows Major Security Holes in Banking Apps

Adam Levin

A security analysis of 30 major banking and financial apps has shown major security holes and a lax approach to protecting user data. Other findings included improperly secured database commands (capable of allowing man-in-the-middle attacks), weak encryption, and the ability to reverse-engineer the app code into a readable format.

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Black Basta Ransomware gang accumulated at least $107 million in Bitcoin ransom payments since early 2022

Security Affairs

A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. “Our analysis suggests that Black Basta has received at least $107 million in ransom payments since early 2022, across more than 90 victims. The average ransom payment was $1.2

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Digital Transformation in UK General Insurance: Where do MGAs fit in?

CGI

Digital Transformation in UK General Insurance: Where do MGAs fit in? A lot of attention has been drawn to the digital developments that are being undertaken by insurers in the direct marketplace, but whilst direct is an important market, transformation of the indirect channel is also deserving of more attention. harini.kottees….

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6,009,014 MovieBoxPro Accounts Breached in Another Data Scraping Incident

IT Governance

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Source 1 ; source 2 (Update) Insurance USA Yes 75,101 Airsoftc3.com Source 1 ; source 2 (Update) Insurance USA Yes 75,101 Airsoftc3.com

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The Week in Cyber Security and Data Privacy: 1 – 7 January 2024

IT Governance

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. They accessed 41.5 million customers’ data having gained access via a vulnerability in Hathaway’s Laravel web application framework. HealthEC LLC breached, almost 4.5