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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. For the insurance industry, working with clients to help them tackle these challenges is vital to ensuring businesses operate in as safe an environment as possible.

Risk 189
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The Week in Cyber Security and Data Privacy: 4 – 10 December 2023

IT Governance

suffers second ransomware attack in months Having been struck by a ransomware attack in October by the BlackSuit group , which led to operations and appointments being postponed, Akumin Inc. has suffered a second attack, this time by the BianLian ransomware group. Data breached: more than 59 million data records. Akumin Inc.

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The Weeks in Cyber Security and Data Privacy: 18 – 31 December 2023

IT Governance

Known records breached Real Estate Wealth Network Source 1 ; source 2 (New) Real estate USA Unknown 1,523,776,691 TuneFab Source (New) Software Hong Kong Unknown >151,000,000 Dori Media Group Source (New) Media Israel Yes >100 TB Rosvodokanal Source (New) Utilities Russia Yes 50 TB breached; 1.5

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The Week in Cyber Security and Data Privacy: 27 November – 3 December 2023

IT Governance

The company’s description of the incident suggested ransomware. This was confirmed about a fortnight later, in early November, when the ALPHV/BlackCat ransomware group took responsibility for the attack , claiming to have encrypted Henry Schein’s files and exfiltrated 35 TB of data. Source (New) Education USA Yes 1,493 Kimber Mfg.,

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The Week in Cyber Security and Data Privacy: 12 – 18 February 2024

IT Governance

ALPHV/BlackCat ransomware gang adds 2.7 TB of ASA Electronics data to its leak site The ALPHV/BlackCat ransomware gang is attempting to extort a ransom from ASA Electronics for 2.7 Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Date breached: 384,658,212 records.

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

IT Governance

8 TB of data exfiltrated from Advantage Group International Following an outage affecting its leak site (see the ‘Enforcement’ section below), the ALPHV/BlackCat ransomware group is listing only a single incident: a data breach affecting the business management consultant Advantage Group International. Source (New) Finance USA Yes 1.1

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The Week in Cyber Security and Data Privacy: 22 – 28 January 2024

IT Governance

Source (New) Retail USA Yes 2,588,849 Keenan & Associates Source 1 ; source 2 (Update) Insurance USA Yes 1,509,616 AGC Group Source (New) Manufacturing Japan Yes 1.5 TB Four Hands Source (New) Manufacturing USA Yes 1.5 TB UK forex customers Source (New) Finance UK Yes 1,001,214 A.N.S. Source (New) Non-profit USA Yes 25,908.62