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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 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.