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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 114
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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. Gb - NDA The group published a set of files as proof of the security breach and threatens leak all the stolen data if the victim will not pay the ransom. . - It is a subsidiary of the partially state-owned Chinese company Wingtech Technology.

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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 189
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The Week in Cyber Security and Data Privacy: 1 – 7 January 2024

IT Governance

LockBit claims responsibility for Capital Health security incident The LockBit ransomware group has claimed responsibility for an attack on Capital Health , a healthcare provider in Pennington, New Jersey, last November. KG Source 1 ; source 2 (New) Manufacturing Germany Yes 1.1 They accessed 41.5 Data breached: 41,500,000 records.

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The Week in Cyber Security and Data Privacy: 16–22 October 2023

IT Governance

Breached organisation: BHI Energy, providing staffing solutions to the nuclear, fossil, wind, hydro and government energy markets. Incident details: Network security incident, where allegedly AlphV gained unauthorised access and made demands to the hospital’s leadership, suggesting a ransomware attack. Records breached: Unknown.

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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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Nice Suzuki, sport: shame dealer left your data up for grabs

Security Affairs

Suzuki or otherwise, buying a new vehicle is an intense experience with complicated credit, insurance, documentation, and contracts. Files that should be secure and kept private were left publicly accessible. Rarely do car manufacturers sell their cars directly. The first dealership is operating in Brazil, a market of 214.3