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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: 26 February – 3 March 2024

IT Governance

Source (New) Engineering Japan Yes >5 TB Array Networks Source (New) Cyber security USA Yes 2.5 TB Turtlemint Source (New) Insurance India Yes 1,800,000 Chunghwa Telecom Source (New) Telecoms Taiwan Yes 1.7

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Pharmaceutical companies exploited by phishing scam targeting job seekers

IT Governance

Earlier this month, two major pharmaceutical giants issued warnings about phishing emails targeting job hunters. As is standard, GlaxoSmithKline says that interviewees or those who have been offered jobs might be asked to provide passport information or other personal identification, such as a National Insurance number.

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BEST PRACTICES: Rising complexities of provisioning identities has pushed ‘IGA’ to the fore

The Last Watchdog

Identity governance and administration, or IGA , has suddenly become a front-burner matter at many enterprises. Related: Identity governance issues in the age of digital transformation. The key security lesson is that an identity gets assigned to each and every RPA, creating fresh attack vectors.

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

IT Governance

There were a massive 99 data breaches and cyber attacks in August, making it the third-biggest monthly total of the year by number of security incidents. The true figure, as always, will be higher than this – in part because organisations rarely disclose how many records were involved in security incidents. Cyber attacks. Ransomware.

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Data Intelligence and Its Role in Combating Covid-19

erwin

Managing and Governing Data From Lots of Disparate Sources. This data will be collected from organizations such as, the World Health Organization (WHO), the Centers for Disease Control (CDC), and state and local governments across the globe. Unraveling Data Complexities with Metadata Management.

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List of Data Breaches and Cyber Attacks in April 2023 – 4.3 Million Records Breached

IT Governance

Meanwhile, if you enjoy this sort of cyber security news, be sure to subscribe to our Weekly Round-up to receive the latest stories straight to your inbox. Additionally, billing information, insurance numbers and other financial details were stolen in the attack. Biggest data breaches of April 2023 1.