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News Alert: QBE North America launches new cyber insurance program with Converge

The Last Watchdog

New York, NY, July 27, 2023 – QBE North America today announced the launch of a cyber insurance program with new MGA, Converge, acting as program administrator. The program will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation.

Insurance 188
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FIN8 group used a previously undetected Sardonic backdoor in a recent attack

Security Affairs

The group has been active since 2016, it leverages known malware such as PUNCHTRACK and BADHATCH to infect PoS systems and steal payment card data. The activity of the group was spotted in March, after more than a year of apparent inactivity. The group also employed their BADHATCH backdoor. Pierluigi Paganini.

Retail 126
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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. Paul Bantick, Group Head of Cyber Risks, Beazley said: “Business leaders are finding it a struggle to keep up with the constantly evolving cyber threat.

Risk 189
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Ransomware attacks break records in 2023: the number of victims rose by 128%

Security Affairs

Ransomware groups claimed that they successfully targeted 4191 victims in 2023, Cybernews researchers report. The most active group in 2023: LockBit According to the data presented by the Cybernews research team, 66 active ransomware groups were identified and operating within the digital landscape in 2023.

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Rent a hacker: Group-IB uncovers corporate espionage group RedCurl

Security Affairs

Threat Intel firm Group-IB has released an analytical report on the previously unknown APT group RedCurl, which focuses on corporate espionage. A presumably Russian-speaking group conducts thoroughly planned attacks on private companies across numerous industries using a unique toolset. From Russia to Canada.

Cloud 143
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Automotive parts giant AutoZone disclosed data breach after MOVEit hack

Security Affairs

American retailer and distributor of automotive parts and accessories AutoZone discloses a data breach after a MOVEit attack. AutoZone is an American retailer and distributor of automotive parts and accessories. The company is one of the largest aftermarket automotive parts and accessories retailers in the United States.

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The Week in Cyber Security and Data Privacy: 5 – 11 February 2024

IT Governance

Compromised data includes policyholders’ and their families’ civil status, dates of birth and social security numbers, as well as the name of their health insurer and information relating to their contracts. It has since been confirmed by Anukul Peedkaew, the permanent secretary of social development and human security.