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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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Ransomware group Dark Angels claims the theft of 1TB of data from chipmaker Nexperia 

Security Affairs

Nexperia is a semiconductor manufacturer headquartered in Nijmegen, the Netherlands. The Dark Angels (Dunghill) ransomware group claims responsibility for hacking chipmaker Nexperia and stealing 1 TB of the company’s data. It is a subsidiary of the partially state-owned Chinese company Wingtech Technology. pst files - 1.5

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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 161
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State of the EMEA Information Capture & IDP Market 2022/2023

Info Source

The market growth, however, was driven primarily by digital business inputs, in particular email inputs with attachments and secondarily mobile devices. For the Capture & IDP Software market in the EMEA region, Infosource predicts an accelerated growth of end customer investments in the next 5 years.

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State of the Global Capture & IDP Market

Info Source

Business use cases that involve unstructured inputs are increasingly addressed by RPA vendors, which is leading to a convergence of the traditional Capture and the Capture-related part of the RPA market. In the 5-year forecast period, Infosource expects the Capture & IDP market to grow to almost 8.5 Billion US$ in 2026.

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Episode 158: How NotPetya has Insurers grappling with Systemic Cyber Risk

The Security Ledger

We talk to Bruce McDonnell of the East West Institute about how insurers are responding. Related Stories Episode 155: Disinformation is a Cyber Weapon and APTs warm to Mobile Malware Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats NotPetya Horror Story Highlights Need for Holistic Security.

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The Week in Cyber Security and Data Privacy: 1 – 7 January 2024

IT Governance

million people was compromised, including names, addresses, dates of birth, Social Security numbers, taxpayer identification numbers, medical information, health insurance information, and billing and claims information. KG Source 1 ; source 2 (New) Manufacturing Germany Yes 1.1 Information relating to nearly 4.5