Remove Education Remove Insurance Remove Manufacturing Remove Phishing
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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 161
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Phishing emails and malicious attachments responsible for 34% of cyber attacks

IT Governance

A recent F-Secure report has found that phishing emails (16%) and malicious attachments (18%) together accounted for 34% of cyber attacks. The gaming and public-sector industries were mostly affected by targeted attacks, whereas the insurance and telecom industries mostly suffered opportunistic attacks.

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Multinational ICICI Bank leaks passports and credit card numbers

Security Affairs

ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals. Last year, with a total share of 18% of all cyberattacks, it was the second most targeted industry, following manufacturing.

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The most valuable AI use cases for business

IBM Big Data Hub

Automotive With applications of AI, automotive manufacturers are able to more effectively predict and adjust production to respond to changes in supply and demand. Education In education and training , AI can tailor educational materials to each individual student’s needs. Robots handle and move physical objects.

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The Week in Cyber Security and Data Privacy: 16–22 October 2023

IT Governance

Breached organisation: D-Link Corporation, Taiwanese networking equipment manufacturer. Incident details: Successful phishing attack, breaching records on a server that reached end of life in 2015, though the information itself was “of low-sensitivity and semi-public”. Records breached: Around 700 records. Records breached: Unknown.

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List of data breaches and cyber attacks in August 2020 – 36.6 million records breached

IT Governance

Toronto residents’ CERB payments on hold after fraudulent employment insurance claims (700) Kentucky’s unemployment system suffers another breach (unknown) Defence supplier PULAU Corporation says it has been hacked (unknown) American Payroll Association notifying those affected by cyber attack (unknown). Cyber attacks. Hitachi Chemical Co.

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List of data breaches and cyber attacks in February 2022 – 5.1 million records breached

IT Governance

In the midst of all this, organisations across Europe have reported delays as a result of alleged state-sponsored attacks – including Toyota’s Japanese plants and a kettle manufacturer in the Isle of Man. As usual, incidents affecting UK-based organisations are listed in bold. Cyber attacks. Ransomware. Data breaches. Financial information.