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Ransomware attacks break records in 2023: the number of victims rose by 128%

Security Affairs

The most active group in 2023: LockBit According to the data presented by the Cybernews research team, 66 active ransomware groups were identified and operating within the digital landscape in 2023. This group primarily focused its attacks on the construction, manufacturing/industrial, and retail industries.

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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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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

Scaling AI in business presents unique challenges: Data accessibility : Fragmented and siloed data stifle advancement. One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency.

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A Chief Security Concern for Executive Teams

Krebs on Security

Virtually all companies like to say they take their customers’ privacy and security seriously, make it a top priority, blah blah. That’s because very few of the world’s biggest companies list any security executives in their highest ranks. banks) would have this role in their executive leadership team.

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News alert: Fireblocks uncovers vulnerabilities impacting dozens of major wallet providers

The Last Watchdog

If left unremediated, the exposures would allow attackers and malicious insiders to drain funds from the wallets of millions of retail and institutional customers in seconds, with no knowledge to the user or vendor. New York, N.Y., In addition, the academic papers which contained flaws have been revised.

Retail 100
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NEW TECH: Cequence Security deploys defense against botnets’ assault on business logic

The Last Watchdog

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.