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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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2019 end-of-year review part 1: January to June

IT Governance

The site’s security team suspected that users were being targeted in a credential-stuffing attack; this is where cyber criminals use a list of stolen usernames and passwords en masse to break into an account. Worse, they changed the email address associated with the account, preventing them from resetting their password.

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The Week in Cyber Security and Data Privacy: 26 February – 3 March 2024

IT Governance

Affected information includes users’ names, email addresses, IP addresses and encrypted passwords. TB Turtlemint Source (New) Insurance India Yes 1,800,000 Chunghwa Telecom Source (New) Telecoms Taiwan Yes 1.7 The threat actor, KryptonZambie, listed a 5.93

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

IT Governance

The leaked information allegedly includes customers’ names, dates of birth, email addresses, passwords and phone numbers. 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.