Remove Government Remove Insurance Remove Military Remove Security
article thumbnail

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. 11, 2001, terrorist attacks.

article thumbnail

Security Affairs newsletter Round 460 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

Every week the best security articles from Security Affairs are free for you in your email box. Iran Crisis Russia-Aligned TAG-70 Targets European Government and Military Mail Servers in New Espionage Campaign U.S. A new round of the weekly SecurityAffairs newsletter arrived!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cybersecurity Insurance Not Paying for NotPetya Losses

Schneier on Security

This will complicate things: To complicate matters, having cyber insurance might not cover everyone's losses. Zurich American Insurance Company refused to pay out a $100 million claim from Mondelez, saying that since the U.S.

article thumbnail

NEW TECH: DataLocker introduces encrypted flash drive — with key pad

The Last Watchdog

DataLocker honed its patented approach to manufacturing encrypted portable drives and landed some key military and government clients early on; the company has continued branching out ever since. You need to rely on external storage to securely transport your data. Park: Any industry that requires security.

article thumbnail

White House Releases National Cybersecurity Strategy

Hunton Privacy

s ability to assist allies and partners in strengthening cybersecurity, (iv) building coalitions to reinforce global norms of responsible state behavior, and (v) securing global supply chains for information, communications and operational technology products and services that power the U.S. economy.

article thumbnail

List of Data Breaches and Cyber Attacks in October 2022 – 9.9 Million Records Breached

IT Governance

We identified 102 security incidents throughout the month, which is the second largest figure so far this year – trailing only August (112). Meanwhile, be sure to subscribe to our Weekly Round-up to receive the latest cyber security news and advice delivered straight to your inbox. Cyber attacks.

article thumbnail

Colonial Pipeline discloses data breach after May ransomware attack

Security Affairs

. “Total number of persons affected (including residents): 5,810” Exposed data includes names, birth dates, contact information, driver’s license information, Social Security numbers, government-issued ID (such as military ID and tax ID), and health-related information (including health insurance information).