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Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. Across the financial sector, there are transition risks to consider as we move to a low-carbon economy. Financial services firms can use the tool for “what if?”

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Operation Cronos: law enforcement disrupted the LockBit operation

Security Affairs

Since January 2020, affiliates utilizing LockBit have targeted organizations of diverse sizes spanning critical infrastructure sectors such as financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation.

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Cybersecurity agencies published a joint LockBit ransomware advisory

Security Affairs

Help us #StopRansomware by visiting [link] pic.twitter.com/G5jpxtB0Fw — Cybersecurity and Infrastructure Security Agency (@CISAgov) June 14, 2023 The LockBit ransomware operation was the most active in 2022 and according to the researchers it is one of the most prolific RaaS in 2023.

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

IT Governance

Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Source New Telecoms USA Yes 6,158 Nabholz Construction Company Employee Welfare Health Plan Source 1 ; source 2 New Healthcare USA Yes 5,326 Dawson James Securities, Inc. North Hill Home Health Care, Inc.,

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US GOV OFFERS A REWARD OF UP TO $15M FOR INFO ON LOCKBIT GANG MEMBERS AND AFFILIATES

Security Affairs

The NCA and its global partners have secured over 1,000 decryption keys that will allow victims of the gang to recover their files for free. Additionally, the US authorities has unveiled indictments against two Russian nationals, accusing them of conspiring to carry out LockBit attacks.

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A Russian national charged for committing LockBit Ransomware attacks

Security Affairs

In securing the arrest of a second Russian national affiliated with the LockBit ransomware, the Department has once again demonstrated the long arm of the law. We will continue to use every tool at our disposal to disrupt cybercrime, and while cybercriminals may continue to run, they ultimately cannot hide.”

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More details about Operation Cronos that disrupted Lockbit operation

Security Affairs

The NCA and its global partners have secured over 1,000 decryption keys that will allow victims of the gang to recover their files for free. .” Additionally, the US authorities has unveiled indictments against two Russian nationals, accusing them of conspiring to carry out LockBit attacks.