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Merck settles with insurers regarding a $1.4 billion claim over NotPetya damages

Security Affairs

known as Merck Sharp & Dohme (MSD) outside the United States and Canada, is an American multinational pharmaceutical company. It is one of the largest pharmaceutical companies globally, engaged in the research, development, manufacturing, and marketing of a wide range of healthcare products. Merck & Co., Merck filed a $1.4

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FIN11 gang started deploying ransomware to monetize its operations

Security Affairs

The financially-motivated hacker group FIN11 has started spreading ransomware to monetize its cyber criminal activities. The financially-motivated hacker group FIN11 has switched tactics starting using ransomware as the main monetization method. ” reads the analysis published by FireEye.

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Ask Fitis, the Bear: Real Crooks Sign Their Malware

Krebs on Security

Megatraffer explained that malware purveyors need a certificate because many antivirus products will be far more interested in unsigned software, and because signed files downloaded from the Internet don’t tend to get blocked by security features built into modern web browsers. 2016 sales thread on Exploit. Image: Archive.org.

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Why You Need to Tune EDR to Secure Your Environment

eSecurity Planet

This allows EDR to deploy very quickly, but it also allows for a number of security vulnerabilities. Here we’ll discuss why EDR vendors choose these configurations, and how organizations can tune their EDR systems to fit their organization and improve security. Also read: 10 Top Active Directory Security Tools.

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Data breaches: the financial cost of poor planning

IT Governance

This reflects recent figures , suggesting that NotPetya, a 2017 ransomware attack that hit organisations across the globe, cost pharmaceutical giant Merck $135 million in lost sales in the first three months after the attack. The average total cost for organisations that lost less than 1% of their existing customers was $2.8

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Encryption – A Feasible Savior against Prevalent Privacy Issues in Business Communication

Security Affairs

The type of data that each email contains vary from sales objectives to product specs and even product patents. Impact of Privacy & Security Issues in Business Communication. I remember that in early 2017, the business world was hit by ransomware, which felt to them like a speedy bullet shot at their blind spot.

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

IT Governance

IT Governance is closing out the year by rounding up 2019’s biggest information security stories. Countless office workers were forced to get back to their jobs after Reddit suspended a host of accounts in light of security concerns. Facebook said that the breach was discovered in January 2019 as part of an internal security review.