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

IT Governance

Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Source New Manufacturing USA Yes 20,415 TECA Srl Source New Transport Italy Yes 16.7 Known records breached Zenlayer Source New Telecoms USA Yes 384,658,212 ASA Electronics Source New Engineering USA Yes 2.7

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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: 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. It has since been confirmed by Anukul Peedkaew, the permanent secretary of social development and human security.

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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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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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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.