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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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Weekly podcast: NHS upgrade, $242m Equifax loss and prison hacker jailed

IT Governance

The Department of Health and Social Care has signed a deal with Microsoft to upgrade the NHS’s extensive IT estate to Windows 10 in an attempt to bolster its cyber resilience in the wake of last year’s WannaCry ransomware outbreak. Hello and welcome to the IT Governance podcast for Friday, 4 May 2018. Fourth of may be with you.

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The Week in Cyber Security and Data Privacy: 23–29 October 2023

IT Governance

Thousands of drivers have sensitive data exposed to hackers in major IT breach Date of breach: Unclear, but breached documents date back to 2017. Records breached: 512,000 documents, with details of insurance investigations, vehicle registration certificates, notices of car seizures and payment card details.

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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

According to statistics from the FBI’s 2021 Internet Crime Report , complaints to the Internet Crime Complaint Center (IC3) have been rising since 2017. Often, a scammer will simply target the people in a company and fool them into giving up their personal details, account passwords, and other sensitive information and gain access that way.

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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

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Ransomware Protection in 2021

eSecurity Planet

Ransomware frequently contains extraction capabilities that can steal critical information like usernames and passwords, so stopping ransomware is serious business. The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Jump to: What is ransomware?

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CyberheistNews Vol 13 #19 [Watch Your Back] New Fake Chrome Update Error Attack Targets Your Users

KnowBe4

Date/Time: TOMORROW, Wednesday, May 10, @ 2:00 PM (ET) Can't attend live? The payload is a cryptojacking Monero miner. A cryptojacker is bad enough since it will drain power and degrade device performance. This campaign may be more effective for its routine, innocent look. Blog post with links: [link] A Master Class on IT Security: Roger A.