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

Security Affairs

Merck has resolved a dispute with insurers regarding a $1.4 Merck and its insurers have agreed with a $1.4 It is one of the largest pharmaceutical companies globally, engaged in the research, development, manufacturing, and marketing of a wide range of healthcare products. billion claim against the insurers.

Insurance 110
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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. For the insurance industry, working with clients to help them tackle these challenges is vital to ensuring businesses operate in as safe an environment as possible.

Risk 180
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Ransomware attacks break records in 2023: the number of victims rose by 128%

Security Affairs

This group primarily focused its attacks on the construction, manufacturing/industrial, and retail industries. The data shows a shift in ransomware targets over the past three years. Previously dominated by the construction industry, the IT sector now claims the top spot in 2023.

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

IT Governance

TB Turtlemint Source (New) Insurance India Yes 1,800,000 Chunghwa Telecom Source (New) Telecoms Taiwan Yes 1.7 The claim is yet to be verified. Data breached: 183,754,481 records. EasyPark data breach: 21.1 Source (New) Engineering Japan Yes >5 TB Array Networks Source (New) Cyber security USA Yes 2.5

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The Week in Cyber Security and Data Privacy: 12 – 18 February 2024

IT Governance

Source New Manufacturing USA Yes 20,415 TECA Srl Source New Transport Italy Yes 16.7 Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. It is not known how long the database was publicly available, nor whether anyone else accessed it. Date breached: 384,658,212 records.

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McLaren Health Care revealed that a data breach impacted 2.2 million people

Security Affairs

Exposed information varied by individual and may include some combination of certain individuals’ names, social Security number, health insurance information, date of birth, and medical information. The security breach exposed the sensitive personal information of 2,192,515 people. It is a $6.6 The company also notified U.S.

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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. TB JP Original Corp Source New Manufacturing USA Yes 1.2 TB JP Original Corp Source New Manufacturing USA Yes 1.2