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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. The program will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation.

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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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Iran-linked APT group Pioneer Kitten sells access to hacked networks

Security Affairs

Iran-linked APT group Pioneer Kitten is now trying to monetize its efforts by selling access to some of the networks it has hacked to other hackers. Iran-linked APT group Pioneer Kitten, also known as Fox Kitten or Parisite, is now trying to monetize its efforts by selling access to some of the networks it has hacked to other hackers.

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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

Scaling AI in business presents unique challenges: Data accessibility : Fragmented and siloed data stifle advancement. Gartner highlights that businesses lose an estimated USD 15 million annually due to inadequate data access. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency.

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Who Stole 3.6M Tax Records from South Carolina?

Krebs on Security

The answer may no longer be a mystery: KrebsOnSecurity found compelling clues suggesting the intrusion was carried out by the same Russian hacking crew that stole of millions of payment card records from big box retailers like Home Depot and Target in the years that followed. state tax database, without naming the state. ” On Oct.

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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. The incident interrupted retail store inventory replenishment and delayed order fulfillment. 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.

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This Identity Management Day, Go BIG or Go HOME!

Thales Cloud Protection & Licensing

madhav Wed, 04/12/2023 - 06:11 Identity and Access Management (IAM) has evolved significantly over the past decade. CIAM (Customer Identity & Access Management) has recently seen phenomenal growth of late. Cloud-based Access Management Steps Up! This Identity Management Day, Go BIG or Go HOME!

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