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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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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. But, by contrast, only 36,673,575 records were confirmed to have been leaked, which is the fewest we’ve recorded since May 2018. Cyber attacks. Hitachi Chemical Co. Cyber attacks. Data breaches.

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The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

We also found 14 organisations providing a significant update on a previously disclosed incident. Organisation(s) Sector Location Data breached? Source 1 ; source 2 (Update) IT services Taiwan Yes 2,451,197 RMH Franchise Corporation Source (New) Hospitality USA Yes 1.5 TB Paysign, Inc. TB Paysign, Inc.

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The Week in Cyber Security and Data Privacy: 15 – 21 January 2024

IT Governance

GB JSP Pharmaceutical Manufacturing (Thailand) PCL Source (New) Manufacturing Thailand Yes >80 GB TREZOR Source (New) Crypto France Yes Nearly 66,000 Oak View Group Source (New) Leisure USA Yes 58,935 Innefu Labs Pvt. VF Corporation confirms 35.5 million customers’ data. Data breached: 35,500,000 records.