Security Affairs

JULY 9, 2021

Insurance giant CNA notifies customers of a data breach after the Phoenix CryptoLocker ransomware attack suffered in March. US insurance giant CNA is notifying customers of a data breach after the ransomware attack that it suffered in March. Bloomberg was informed about the payment by two people familiar with the attack.

Data breaches 138

Data breaches Insurance Ransomware Encryption 138

Thales Cloud Protection & Licensing

MARCH 5, 2023

In the fragmented insurance landscape, let’s unify customer experience divya Mon, 03/06/2023 - 06:13 You may think of an insurance company as a singularly-focused entity, offering protection for one product. However, the insurance business reaches across a disparate range of consumer products. To add to the challenge, a.s.r.

Customer Experience 71

Customer Experience Insurance B2C B2B 71

Krebs on Security

OCTOBER 28, 2020

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. The company has operations in 25 countries, more than 4,000 employees, and billions in revenue annually.

Ransomware 335

Ransomware Security Agriculture Cybersecurity 335

Security Affairs

MAY 15, 2023

A previously unknown ransomware group known as RA Group is targeting companies in U.S. Cisco Talos researchers recently discovered a new ransomware operation called RA Group that has been active since at least April 22, 2023. The group has already compromised three organizations in the U.S. and one in South Korea.

Ransomware 81

Ransomware Encryption Healthcare Insurance 81

Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. The HardBit ransomware group first appeared on the threat landscape in October 2022, but unlike other ransomware operations, it doesn’t use a double extortion model at this time. Very important!

Insurance 77

Insurance Ransomware Encryption IT 77

IT Governance

AUGUST 25, 2022

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

Insurance 105

Insurance IT Government Risk 105

Security Affairs

MAY 21, 2021

The US insurance giant CNA Financial reportedly paid a $40 million ransom to restore access to its files following a ransomware attack. CNA Financial, one of the largest insurance companies in the US, reportedly paid a $40 ransom to restore access to its files following a ransomware attack that took place in March. Pierluigi Paganini.

Insurance 97

Insurance Ransomware Access IT 97

Data Matters

JANUARY 14, 2019

On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”.

Insurance 68

Insurance Security Cybersecurity Data breaches 68

Security Affairs

MARCH 17, 2024

Every week the best security articles from Security Affairs are free for you in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Data breaches 97

Data breaches Security Computer and Electronics Ransomware 97

Data Matters

FEBRUARY 11, 2019

On December 28, 2018, Michigan adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law in the form of Michigan H.B. The Act defines licensees as persons authorized, registered, or licensed under Michigan insurance laws or required to be so. 6491 (Act). MCL § 500.550.

Insurance 68

Insurance Security Cybersecurity FOIA 68

Security Affairs

OCTOBER 9, 2021

American media conglomerate Cox Media Group (CMG) was hit by a ransomware attack that took down live TV and radio broadcast streams in June 2021. The American media conglomerate Cox Media Group (CMG) announced it was hit by a ransomware attack that caused the interruption of the live TV and radio broadcast streams in June 2021.

Ransomware 92

Ransomware Insurance Encryption Authentication 92

IBM Big Data Hub

JUNE 23, 2023

Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.

Insurance 58

Insurance Cloud Digital transformation Customer Experience 58

Security Affairs

AUGUST 13, 2020

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 135

Cloud Phishing Analytics Access 135

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

Insurance 57

Insurance Risk Marketing Cybersecurity 57

Krebs on Security

OCTOBER 1, 2020

” As financial losses from cybercrime activity and ransomware attacks in particular have skyrocketed in recent years, the Treasury Department has imposed economic sanctions on several cybercriminals and cybercrime groups, effectively freezing all property and interests of these persons (subject to U.S.

Ransomware 358

Ransomware Insurance Risk Government 358

Security Affairs

JUNE 5, 2020

ST Engineering is one of the leading engineering groups worldwide, it specializes in the aerospace, electronics, land systems, and marine sectors. The group operates in more than 100 countries and reported revenue of $7.86b in FY2019. The post Maze Ransomware leaks files of ST Engineering group appeared first on Security Affairs.

Ransomware 118

Ransomware Insurance Cybersecurity Security 118

Security Affairs

AUGUST 25, 2021

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 119

Retail Insurance Cybersecurity Phishing 119

Security Affairs

NOVEMBER 15, 2022

Trend Micro reported that the Earth Longzhi group, a previously undocumented subgroup of APT41, targets Ukraine and Asian Countries. Early this year, Trend Micro investigated a security breach suffered by a company in Taiwan. The new APT group used spear-phishing emails as an attack vector to deliver Earth Longhzhi’s malware.

Archiving 87

Archiving Passwords Metadata Insurance 87

Collibra

APRIL 9, 2021

Recapping a discussion moderated by Stijn Christiaens and featuring insurance data experts from Deloitte UK . Insurance is a data-intensive business. Insurance companies need data to better assess risks and price policies competitively, but also profitably. Drivers for cloud adoption.

Insurance 59

Insurance Cloud Data science Analytics 59

Security Affairs

JANUARY 7, 2022

The Federal Bureau of Investigation (FBI) warns US companies that the FIN7 cybercriminals group is targeting the US defense industry with BadUSB devices. FIN7 using this technique to target businesses in the transportation and insurance industries since August 2021, while it started targeting defense firms since November 2021.

Insurance 80

Insurance Ransomware Access Security 80

The Last Watchdog

JULY 13, 2023

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 161

Risk Insurance Energy and Utilities Marketing 161

Krebs on Security

DECEMBER 8, 2022

Ransomware groups are constantly devising new methods for infecting victims and convincing them to pay up, but a couple of strategies tested recently seem especially devious. Alex Holden is founder of Hold Security , a Milwaukee-based cybersecurity firm. “ TA505 “), and a newer ransom group known as Venus.

Ransomware 248

Ransomware Metadata Insurance Encryption 248

Krebs on Security

FEBRUARY 20, 2024

authorities have seized the darknet websites run by LockBit , a prolific and destructive ransomware group that has claimed more than 2,000 victims worldwide and extorted over $120 million in payments. This prompted several XSS members to start posting memes taunting the group about the security failure.

Ransomware 257

Ransomware Encryption Insurance Manufacturing 257

The Last Watchdog

JUNE 9, 2022

Phishing emails may ask for personal information like a log-in or Social Security number to authenticate your account, or they may urge you to share your credit card payment details. A criminal exploiting someone’s medical or insurance details to make fraudulent claims is known as medical identity theft. Romance Scam.

Privacy 267

Privacy Security Phishing Insurance 267

Data Breach Today

NOVEMBER 10, 2022

This edition of the ISMG Security Report discusses how Australian health insurer Medibank is facing stark consequences for not paying a ransom to a group of cyber extortionists, how to limit unnecessary cybersecurity exposure during M&A, and how to manage challenges in hybrid environments.

Insurance 130

Insurance Cybersecurity Security 130

Data Breach Today

JANUARY 19, 2021

A Substantial Settlement Could Build Data Security Momentum British Airways could face a substantial compensation payout as a result of an ongoing group lawsuit over its 2018 data breach, the first of its kind under GDPR.

GDPR 200

GDPR Insurance Data breaches Security 200

Security Affairs

AUGUST 7, 2019

The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July.

Insurance 84

Insurance Data breaches Financial Services Passwords 84

Security Affairs

APRIL 8, 2024

Greylock McKinnon Associates (GMA) provides expert economic analysis and litigation support to a diverse group of domestic and international clients in the legal profession, the business community, and government agencies, including the Department of Justice (DoJ).

Data breaches 101

Data breaches Insurance Cybersecurity Government 101

Krebs on Security

MAY 23, 2020

Secret Service warned of “massive fraud” against state unemployment insurance programs , noting that false filings from a well-organized Nigerian crime ring could end up costing the states and federal government hundreds of millions of dollars in losses. Meanwhile, a number of U.S. Last week, the U.S. ” Image: Agari.

Insurance 321

Insurance Government Personal data Communications 321

Security Affairs

FEBRUARY 25, 2024

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Military 87

Military Security Ransomware Insurance 87

Krebs on Security

JUNE 18, 2021

Securities and Exchange Commission settled its investigation into the matter after the Fortune 500 company agreed to pay a paltry penalty of less than $500,000. The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 This week, the U.S. First American Financial Corp.

Insurance 263

Insurance Risk Financial Services Mining 263

Krebs on Security

AUGUST 14, 2020

The “RCM” portion of its name refers to “revenue cycle management,” an industry which tracks profits throughout the life cycle of each patient, including patient registration, insurance and benefit verification, medical treatment documentation, and bill preparation and collection from patients.

Ransomware 358

Ransomware Insurance Phishing IT 358

Security Affairs

JULY 24, 2022

A new round of the weekly Security Affairs newsletter arrived! Every week the best security articles from Security Affairs for free in your email box. The post Security Affairs newsletter Round 375 by Pierluigi Paganini appeared first on Security Affairs. Follow me on Twitter: @securityaffairs and Facebook.

Security 87

Security Ransomware Insurance Analytics 87

Schneier on Security

APRIL 12, 2018

Good article about how difficult it is to insure an organization against Internet attacks, and how expensive the insurance is. In my new book -- out in September -- I write: There are challenges to creating these new insurance products. There are two basic models for insurance.

Insurance 47

Insurance Cybersecurity Data breaches Retail 47

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78

IT Governance

JANUARY 9, 2024

LockBit claims responsibility for Capital Health security incident The LockBit ransomware group has claimed responsibility for an attack on Capital Health , a healthcare provider in Pennington, New Jersey, last November. The group has allegedly exfiltrated more than 10 million files. Data breached: 41,500,000 records.

Data Privacy 75

Data Privacy Privacy Manufacturing Data breaches 75

Security Affairs

JANUARY 23, 2024

The Australian government announced sanctions for a member of the REvil ransomware group for the Medibank hack that occurred in 2022. The Australian government announced sanctions for Aleksandr Gennadievich Ermakov (aka GustaveDore, aiiis_ermak, blade_runner, JimJones), a Russian national who is a member of the REvil ransomware group.

Government 89

Government Insurance Ransomware Data breaches 89