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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

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

IT Governance

Other databases contained health insurance data, such as patents’ names, dates of birth, addresses and medical data. EyeCare Services Partners exposes more 3.5 The biggest database in the blob contained 3.1 million patients and 1.6 million unique Social Security numbers. Source (New) Manufacturing USA Yes 1.1

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Q&A: NIST’s new ‘Enterprise Risk Management’ guidelines push cyber risks to board level

The Last Watchdog

And they might look into getting insurance to transfer at least some of this risk. LW: How ready is the insurance industry to supply policies to cover cyber risks enterprises may increasingly look to transfer – as they integrate cyber risk into ERM planning? Clinton: The insurance industry is large, complex and diversified.

Risk 199
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Watch out! Malware Analysis Sandboxes could expose sensitive data of your organization

Security Affairs

A study conducted by researchers at Cyjax revealed that organizations expose sensitive data via sandboxes used for malware analysis. The experts also discovered a large number of insurance certificates that expose various personally identifiable information (PII), such as names, phone numbers, postal and email addresses.

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CyberheistNews Vol 13 #19 [Watch Your Back] New Fake Chrome Update Error Attack Targets Your Users

KnowBe4

Find your weak passwords: [link] [Eye Opener] HTML Phishing Attacks Surge by 100% In 12 Months The Cyberwire reported: "Barracuda released a study indicating that HTML attacks have doubled since last year. New Jersey appellate division judges rejected the insurers' argument that the 2017 attack, which U.S. must help cover $1.4

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The Hacker Mind Podcast: The Internet As A Pen Test

ForAllSecure

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. VAMOSI: Cybersecurity insurance. cyber insurance as a whole was changing heavily. And why is that?

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ROUNDTABLE: Experts react to President Biden’s exec order in the aftermath of Colonial Pipeline hack

The Last Watchdog

This very high-profile caper is part of an extended surge of ransomware attacks, which quintupled globally between the first quarter of 2018 and the fourth quarter of 2020, and is expected to rise 20 percent to 40 percent this year, according to insurance giant Aon. Eddy Bobritsky , CEO, Minerva Labs.