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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

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List of Data Breaches and Cyber Attacks in 2023

IT Governance

We offer a variety of resources to help understand and mitigate threats, from training courses and consultancy services to free guides. With that out of the way, it’s time to move on to May 2023. MCNA Insurance later confirmed that 8,923,662 people were affected in the incident and said the breach was a result of a ransomware attack.

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CyberheistNews Vol 13 #20 [Foot in the Door] The Q1 2023's Top-Clicked Phishing Scams | INFOGRAPHIC

KnowBe4

CyberheistNews Vol 13 #20 | May 16th, 2023 [Foot in the Door] The Q1 2023's Top-Clicked Phishing Scams | INFOGRAPHIC KnowBe4's latest reports on top-clicked phishing email subjects have been released for Q1 2023. I've also talked quite a bit about cyber insurance and the recent trends.

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2024 State of Cybersecurity: Reports of More Threats & Prioritization Issues

eSecurity Planet

The 2023 vendor surveys arriving this quarter paint a picture of a cybersecurity landscape under attack, with priority issues affecting deployment, alert response, and exposed vulnerabilities. Sophos: Noted that 43% of all 2023 malware signature updates are for stealers, spyware, and keyloggers often used to steal credentials from devices.

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CyberheistNews Vol 13 #17 [Head Start] Effective Methods How To Teach Social Engineering to an AI

KnowBe4

CyberheistNews Vol 13 #17 | April 25th, 2023 [Head Start] Effective Methods How To Teach Social Engineering to an AI Remember The Sims? Your email filters have an average 7-10% failure rate; you need a strong human firewall as your last line of defense. Well Stanford created a small virtual world with 25 ChatGPT-powered "people."

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Happy 13th Birthday, KrebsOnSecurity!

Krebs on Security

I will also continue to post on LinkedIn about new stories in 2023. Facing a backlash from lawmakers and the public, the IRS soon reverses course , saying video selfies will be optional and that any biometric data collected will be destroyed after verification. ” SEPTEMBER. Uber blames LAPSUS$ for the intrusion.

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CyberheistNews Vol 13 #15 [The New Face of Fraud] FTC Sheds Light on AI-Enhanced Family Emergency Scams

KnowBe4

CyberheistNews Vol 13 #15 | April 11th, 2023 [The New Face of Fraud] FTC Sheds Light on AI-Enhanced Family Emergency Scams The Federal Trade Commission is alerting consumers about a next-level, more sophisticated family emergency scam that uses AI which imitates the voice of a "family member in distress." There's a panicked voice on the line.