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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. 11, 2001, terrorist attacks.

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Security Affairs newsletter Round 461 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

Private Plane Owners’ Data Linked to LA Intl. Private Plane Owners’ Data Linked to LA Intl. Private Plane Owners’ Data Linked to LA Intl.

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European Commission proposes reinforcement of EU Cybersecurity rules

DLA Piper Privacy Matters

On 16 December 2020, the European Commission adopted a proposal for a Directive on measures for a high common level of cybersecurity across the Union (“NIS II Directive”) that revises the current Directive on Security of Network and Information Systems (“NIS Directive”). Cybersecurity risk management and reporting obligations.

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Privacy and Cybersecurity Top 10 for 2018

Data Matters

This past year was marked by ever more significant data breaches, growing cybersecurity regulatory requirements at the state and federal levels and continued challenges in harmonizing international privacy and cybersecurity regulations. Data breach litigation risks. We expect each of these trends to continue in 2018.

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Half of EDR Tools, Organizations Vulnerable to Clop Ransomware: Researchers

eSecurity Planet

Nearly half of EDR tools and organizations are vulnerable to Clop ransomware gang tactics, according to tests by a cybersecurity company. Government has offered a $10 million reward for information on the threat actors. Cybersecurity experts have discovered extensive use of the zero-day vulnerability in MOVEit Transfer.

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Alleged docs relating to Covid-19 vaccine leaked in darkweb

Security Affairs

While the pandemic is spreading on a global scale, threat actors continue to target government organizations and entities in the pharmaceutical industry. In early December, the European Medicines Agency (EMA) announced a cyber attack that has targeted it. Pierluigi Paganini. SecurityAffairs – hacking, COVID-19 vaccine).

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MY TAKE: Why ‘basic research’ is so vital to bringing digital transformation to full fruition

The Last Watchdog

Along the way, of course, cybersecurity must get addressed. Ongoing basic research in advanced cryptography concepts is pivotal to putting the brakes on widening cyber risks and ultimately arriving at a level of privacy and security that makes sense. Lots of big companies sponsor basic research; it’s how progress gets made.