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Ransomware group Dark Angels claims the theft of 1TB of data from chipmaker Nexperia 

Security Affairs

The Dark Angels (Dunghill) ransomware group claims the hack of the chipmaker Nexperia and the theft of 1 TB of data from the company. The Dark Angels (Dunghill) ransomware group claims responsibility for hacking chipmaker Nexperia and stealing 1 TB of the company’s data. The chipmaker has 14,000 employees as of 2024.

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NYDFS issues significant guidance on insurers using AI or external data

Data Protection Report

On January 17, 2024 the New York Department of Financial Services (“NYDFS”) published a Proposed Insurance Circular Letter (“Proposed Circular”) regarding the use of artificial intelligence systems (“AIS”) and external consumer data and information sources (“ECDIS”) in insurance underwriting and pricing. Actual Actuarial Validity.

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Lloyd’s Will No Longer Include Nation-State Attacks in its Cyber Insurance Policies

IT Governance

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

Insurance 105
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Previously undetected Earth Longzhi APT group is a subgroup of APT41

Security Affairs

Trend Micro reported that the Earth Longzhi group, a previously undocumented subgroup of APT41, targets Ukraine and Asian Countries. Further analysis, revealed that the same threat actor targeted multiple regions using a similar Cobalt Strike loader and has been active since 2020. ” reads the analysis published by Trend Micro.

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The business value of operating core insurance solutions on the cloud

IBM Big Data Hub

Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.

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Group-IB and CryptoIns introduce the world’s first insurance against cyber threats for cryptocurrency exchanges

Security Affairs

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

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Rent a hacker: Group-IB uncovers corporate espionage group RedCurl

Security Affairs

Threat Intel firm Group-IB has released an analytical report on the previously unknown APT group RedCurl, which focuses on corporate espionage. A presumably Russian-speaking group conducts thoroughly planned attacks on private companies across numerous industries using a unique toolset. From Russia to Canada.

Cloud 142