Schneier on Security

FEBRUARY 28, 2024

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. 11, 2001, terrorist attacks.

Insurance 93

Insurance Government Cybersecurity Risk 93

eSecurity Planet

MARCH 3, 2023

These efforts may integrate diplomatic, information, military (both kinetic and cyber), financial, intelligence, and law enforcement capabilities.” ” Another key element of the plan is for the government to act as a backstop for the insurance market in event of “catastrophic events.”

Cybersecurity 106

Cybersecurity Government Manufacturing Personal data 106

The Security Ledger

AUGUST 1, 2019

» Related Stories Israeli Group Exploited WhatsApp to Spy on Users Episode 158: How NotPetya has Insurers grappling with Systemic Cyber Risk Episode 149: How Real is the Huawei Risk? The information security industry has been raising red flags about mobile malware for more than a decade. Read the whole entry. »

Military 40

Military Insurance Risk Government 40

eSecurity Planet

FEBRUARY 16, 2021

Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. In the event of a successful breach, your team must be ready to restore systems and data recovery. Healthcare and financial services are the most attacked industries. Preventing ransomware. Description. Staff Awareness.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Krebs on Security

DECEMBER 13, 2021

On May 13, the HSE’s antivirus security provider emailed the HSE’s security operations team, highlighting unhandled threat events dating back to May 7 on at least 16 systems. The HSE ultimately enlisted members of the Irish military to bring in laptops and PCs to help restore computer systems by hand.

Ransomware 264

Ransomware Cybersecurity Phishing Security 264

IT Governance

JANUARY 23, 2024

Every Wednesday, you’ll get a 4-minute email with: Industry news, including this weekly round-up; Our latest research and statistics; Interviews with our experts, sharing their insights and expertise; Free useful resources; and Upcoming webinars. O’Hara & Sons, Inc.

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

ForAllSecure

MAY 30, 2023

And so that's when you know threat actors within the last couple of years transitioned into the double extortion model, which is where prior to actually performing the encryption event, they're going to find what they believe to be sensitive information and steal that data from the environment. VAMOSI: Does Mark typically work with insurance?

Ransomware 40

Ransomware Encryption Authentication Communications 40