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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. The 9/11 attacks cost insurers and reinsurers $47 billion.

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The Week in Cyber Security and Data Privacy: 11 – 18 December 2023

IT Governance

When the Russian Cl0p gang exploited a zero-day SQL injection vulnerability in MOVEit Transfer in May 2023, Delta Dental was one of hundreds of organisations whose data was compromised. Only 4 definitely haven’t had data breached. The data belonged to nearly 7 million individuals. Organisation name Sector Location Data exfiltrated?