Security Affairs

APRIL 16, 2024

The Dark Angels (Dunghill) ransomware group claims the hack of the chipmaker Nexperia and the theft of 1 TB of data from the company. The Dark Angels (Dunghill) ransomware group claims responsibility for hacking chipmaker Nexperia and stealing 1 TB of the company’s data. The chipmaker has 14,000 employees as of 2024.

Ransomware 109

Ransomware Manufacturing Insurance Cybersecurity 109

IT Governance

AUGUST 23, 2022

Cyber liability insurance helps organisations cover the financial costs of a data breach. Without insurance, organisations spend £3.6 By purchasing cyber liability insurance, organisations gain the resources they need at a fraction of the cost. What does cyber insurance include? First-party vs third-party insurance.

Insurance 122

Insurance Data breaches e-Delivery Risk 122

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. The necessity for cyber-insurance coverage. With cyber attacks amounting to a question of when and not if, cyber insurance becomes crucial for ensuring business continuity and mitigating the business impact of attacks – should they occur. Tue, 05/10/2022 - 05:43.

Insurance 77

Insurance Authentication Risk Ransomware 77

Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. The events of the past two years have made this shift clear: from ransomware attacks to the challenges of managing distributed workforces, digital risk is different. When security fails, cyber insurance can become crucial for ensuring continuity.

Insurance 81

Insurance Risk Cybersecurity Ransomware 81

Security Affairs

DECEMBER 16, 2023

The Hunters International ransomware gang claims to have hacked the Fred Hutchinson Cancer Center (Fred Hutch). Another healthcare organization suffered a ransomware attack, the Hunters International ransomware gang claims to have hacked the Fred Hutchinson Cancer Center (Fred Hutch). ” reported the Seattle Times. “If

Ransomware 109

Ransomware Insurance Education Marketing 109

Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. I recently spoke with Neira Jones and Danna Bethlehem about how cybersecurity insurance can work to help an organization. regulations.

Insurance 71

Insurance Cybersecurity Cleanup Ransomware 71

The Last Watchdog

JULY 13, 2023

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

Risk Insurance Energy and Utilities Marketing 189

IT Governance

AUGUST 25, 2022

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

Insurance 105

Insurance IT Government Risk 105

KnowBe4

SEPTEMBER 21, 2023

[BUDGET AMMO] Jeremy King is a partner at Olshan Frome Wolosky. He wrote an article for Bloomberg where he analyzed cyber risk management issues that companies should prioritize in response to new SEC reporting requirements for cybersecurity incidents and threats.

Insurance 83

Insurance Marketing Cybersecurity Risk 83

eSecurity Planet

OCTOBER 18, 2021

A lawsuit working its way through the courts could have a lot to say about the liabilities facing organizations that have been hit by ransomware attacks – and could have implications for cybersecurity preparation and regulation in general. Hospital’s Operations Hit by Ransomware. ” Cyber Insurance No Longer Reliable.

Ransomware 104

Ransomware Insurance Digital transformation Cybersecurity 104

Krebs on Security

DECEMBER 8, 2022

Ransomware groups are constantly devising new methods for infecting victims and convincing them to pay up, but a couple of strategies tested recently seem especially devious. Department of Health and Human Services (HHS) warned that Venus ransomware attacks were targeting a number of U.S. “ Cl0p ” a.k.a.

Ransomware 265

Ransomware Metadata Insurance Encryption 265

Security Affairs

MAY 13, 2024

They have a range of market insurance products backed by international company, Allianz Group. Follow me on Twitter: @securityaffairs and Facebook and Mastodon Pierluigi Paganini ( SecurityAffairs – hacking, ransomware) Firstmac Limited, one of the largest non-bank lenders in Australia, disclosed a data breach.

Data breaches 99

Data breaches Ransomware Insurance Authentication 99

Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. Background.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

The Pain of Double Extortion Ransomware divya Thu, 02/16/2023 - 06:10 Ransomware perpetrators are adopting more sophisticated attack techniques with much success. Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups.

Ransomware 71

Ransomware Encryption Security awareness Insurance 71

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

eSecurity Planet

SEPTEMBER 10, 2021

In a year where ransomware has raised the alert levels everywhere, the go-to answer from many is redundancy through offline, remote backups – but are they enough? As ransomware threats loom, we look at where backups fall short, and what to keep in mind to optimize network and data security. Where Backups Fall Short Against Ransomware.

Ransomware 120

Ransomware Encryption Cybersecurity Access 120

Security Affairs

FEBRUARY 3, 2024

The Clorox Company is a multinational consumer goods company that specializes in the production and marketing of various household and professional cleaning, health, and personal care products. The described impacts suggest that the company was likely a ransomware attack.

Insurance 104

Insurance Sales Ransomware Marketing 104

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

Insurance 70

Insurance Cybersecurity Risk Education 70

KnowBe4

OCTOBER 9, 2022

Greg Noone at the Techmonitor site covered this problem early October 2022, starting with a horror story.

Insurance 86

Insurance Marketing Ransomware Cybersecurity 86

Security Affairs

JUNE 2, 2020

The REvil/Sodinokibi ransomware operators have leaked the files allegedly stolen from the UK power grid middleman Elexon. In May Elexon , a middleman in the UK power grid network, was the victim of a cyber attack, its systems have been infected with the Sodinokibi ransomware. reads a post published by The Telegraph. Pierluigi Paganini.

Ransomware 91

Ransomware Insurance Marketing Cybersecurity 91

Security Affairs

JANUARY 19, 2024

backpack market with the JanSport, Dickies, Eastpak, Timberland, Smartwool, Vans, and The North Face brands. In December 2023, VF Corp announced it was the victim of a ransomware attack and was forced to take some systems down to contain the threat. VF Corporation is an American global apparel and footwear company that owns 13 brands.

Data breaches 113

Data breaches Passwords Retail Insurance 113

IT Governance

SEPTEMBER 1, 2021

Ransomware. Travel and medical insurance provider guard.me Ransomware. Isle of Wight schools hit by ransomware (unknown) Lazio region suspends vaccination reservations after ransomware attack (unknown) Coghlin Electrical Co. Cyber attacks. Data breaches. Financial information. In other news…. Cyber attacks.

Data breaches 140

Data breaches Ransomware Insurance Data migration 140

The Last Watchdog

OCTOBER 5, 2023

Editor’s note: I recently had the chance to participate in a discussion about the overall state of privacy and cybersecurity with Erin Kapczynski, OneRep’s senior vice president of B2B marketing. Erin: How has the ransomware threat evolved in recent years? Erin: Deep fakes are becoming more sophisticated.

Cybersecurity 203

Cybersecurity Privacy Cloud IoT 203

Krebs on Security

JUNE 15, 2023

CISA’s mandate follows a slew of recent attacks wherein attackers exploited zero-day flaws in popular networking products to conduct ransomware and cyber espionage attacks on victim organizations. “They sold so many VPNs through the pandemic and this is the hangover,” Gray said. ”

Risk 213

Risk Ransomware Cybersecurity Access 213

IT Governance

OCTOBER 24, 2023

Breached organisation: BHI Energy, providing staffing solutions to the nuclear, fossil, wind, hydro and government energy markets. Another small firm suffers a serious ransomware attack: Cadre Services gets mauled by AlphV Date of breach: 19 September 2013 (AlphV uploaded first part of data to its website on 19 October 2023).

Data Privacy 107

Data Privacy Privacy Security Data breaches 107

Data Matters

OCTOBER 8, 2020

individuals and businesses comply with ransomware payment demands. Ransomware attacks use malware, often injected through phishing schemes, to encrypt a victim’s data files or programs, followed by a ransom demand by the threat actor that offers the decryption key in exchange for payment. sanctions law violations if U.S.

Ransomware 68

Ransomware Compliance Risk Government 68

eSecurity Planet

JULY 8, 2022

Ransomware has now emerged as one of the key reasons to have a DR plan and DR technology in place. Disaster Recovery and Ransomware. In the event of ransomware, the enterprise needs to have access to an uncorrupted copy of its data, so it can refuse to submit to cyber criminals’ demands.

Ransomware 142

Ransomware Cloud Encryption Marketing 142

IT Governance

NOVEMBER 13, 2023

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”. Records breached: 79,582 Ontario hospitals update: information relating to 5.6

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

IT Governance

MARCH 2, 2020

Pacific Specialty Insurance Company notifies plan members of 2019 data breach (unknown). Total Quality Logistics confirms cyber attack but says it wasn’t ransomware (unknown). Ransomware. Belvedere, IL, locked out of government systems after ransomware attack (25,181).

Data breaches 145

Data breaches Ransomware Phishing Personal data 145

KnowBe4

MAY 29, 2019

Ransomware continues to rack up victims. Early this month the City of Baltimore announced ransomware had seized a variety of city government computer systems. One of the most distressing facts about ransomware is that it can be deployed across numerous devices within an organization to maximize the impact. Show Me the Money.

Ransomware 40

Ransomware Security awareness Insurance Cybersecurity 40

Security Affairs

MAY 15, 2023

The company is the second largest in the institutional pharmacy services market, with revenues of $1.9 The security breach occurred between March 12 and March 13, threat actors had access to person’s name, address, date of birth, Social Security number, medications and health insurance information. Who is behind the attack?

Data breaches 85

Data breaches Cybersecurity Insurance Ransomware 85

eSecurity Planet

DECEMBER 9, 2021

For cybersecurity personnel, our scope of responsibility may be limited to cyberattacks on IT systems, such as ransomware attacks, phishing attacks, and DDoS attacks. See the Best Ransomware Removal and Recovery Services. Be in-line with insurance policies. See Best Backup Solutions for Ransomware Protection.

Insurance 125

Insurance Ransomware Data breaches Cloud 125

The Last Watchdog

APRIL 30, 2019

An entire community of expertise surrounds this, so that it actually yields a much better framework than some of the proprietary frameworks in the market, where you have to buy them and license them every year.” That could be for insurance purposes. “As As with any insurance, cyber insurance really requires due care.”

Cybersecurity 173

Cybersecurity Insurance Security Privacy 173

Security Affairs

JANUARY 14, 2019

Zurich American Insurance Company is refusing to refund its client because consider the attack as “an act of war” that is not covered by its policy. The overall damages that insurance firms would probably have to cover reach over $80bn. SecurityAffairs – Mondelez, cyber insurance). Pierluigi Paganini.

Insurance 83

Insurance Ransomware Sales Government 83

IT Governance

NOVEMBER 1, 2021

However, there are plenty of other incidents to dig into, including a raft of ransomware attacks against the education sector. Ransomware. Ransomware. Weir Group suffers ‘sophisticated’ ransomware attack (unknown) Pottawatomie Co. Weir Group suffers ‘sophisticated’ ransomware attack (unknown) Pottawatomie Co.

Data breaches 116

Data breaches Ransomware Government Education 116

Data Protection Report

SEPTEMBER 11, 2017

Still, in what for the moment might seem like a more pedestrian risk, companies continue to be affected by ransomware. One of the unique aspects of ransomware is that it does not involve just stealing information, but makes the information unavailable to the business. General ransomware risk disclosures.

Risk 40

Risk Ransomware Insurance Data breaches 40

Krebs on Security

JUNE 1, 2023

This post is a deep dive on “ Megatraffer ,” a veteran Russian hacker who has practically cornered the underground market for malware focused code-signing certificates since 2015. More recently, it appears Megatraffer has been working with ransomware groups to help improve the stealth of their malware.

Healthcare 242

Healthcare Passwords Sales Ransomware 242