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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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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.

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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 Source New Manufacturing USA Yes 20,415 TECA Srl Source New Transport Italy Yes 16.7 Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. GB AGC Flat Glass North America, Inc.

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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

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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

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Black Basta Ransomware gang accumulated at least $107 million in Bitcoin ransom payments since early 2022

Security Affairs

A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. ” Most of the victims are in the manufacturing, engineering and construction, and retail sectors. The average ransom payment was $1.2 in Germany, and 5.9%

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The most valuable AI use cases for business

IBM Big Data Hub

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.