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New RA Group ransomware gang is the latest group using leaked Babuk source code

Security Affairs

Compromised organizations operate in different business verticals, including manufacturing, wealth management, insurance providers, and pharmaceuticals. The ransomware supports intermittent encryption to speed up the encryption process. GAGUP” to the name of the encrypted files. .” We are in the final!

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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.

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The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

Data Segregation And Cybersecurity Are Key. Sounds cybersecurity practices are also key to mitigating liability under the new law. Thus, if a business encrypts the personal information of the consumer, and that information is stolen, there will be no private right of action under the CCPA. IP address, browsing history, etc.)

Privacy 58
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The Week in Cyber Security and Data Privacy: 26 February – 3 March 2024

IT Governance

Affected information includes users’ names, email addresses, IP addresses and encrypted passwords. TB Turtlemint Source (New) Insurance India Yes 1,800,000 Chunghwa Telecom Source (New) Telecoms Taiwan Yes 1.7 The threat actor, KryptonZambie, listed a 5.93

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The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

Glosbe dictionary exposes almost 7 million records The multilingual online dictionary Glosbe left a MongoDB instance unsecured last year, exposing nearly 7 million users’ information, including personal data, encrypted passwords and social media identifiers. Glosbe did not reply, but the open instance was soon closed.