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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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Highlights from the New U.S. Cybersecurity Strategy

Krebs on Security

military in disrupting cybercriminal infrastructure, and it names China as the single biggest cyber threat to U.S. government’s efforts to restrain China’s technology prowess involve ongoing initiatives like the CHIPS Act, a new law signed by President Biden last year that sets aside more than $50 billion to expand U.S.

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Cybersecurity Insurance Not Paying for NotPetya Losses

Schneier on Security

This will complicate things: To complicate matters, having cyber insurance might not cover everyone's losses. Zurich American Insurance Company refused to pay out a $100 million claim from Mondelez, saying that since the U.S.

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Security Affairs newsletter Round 460 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

Iran Crisis Russia-Aligned TAG-70 Targets European Government and Military Mail Servers in New Espionage Campaign U.S.

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LockBit is back and threatens to target more government organizations

Security Affairs

Not the LockBit gang is attempting to relaunch its RaaS operation, the group has set up a new infrastructure and is threatening to carry out cyber attacks on the government sector. All of this information has no value because it is all passed to the FBI and without hacking the panel, after every transaction by insurance agents or negotiators.

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NEW TECH: DataLocker introduces encrypted flash drive — with key pad

The Last Watchdog

DataLocker honed its patented approach to manufacturing encrypted portable drives and landed some key military and government clients early on; the company has continued branching out ever since. DataLocker actually got traction, early on, selling to the military. LW: Makes sense. and are TAA compliant.

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Pentagon’s Warning on DNA Testing is Applicable to all Consumers

ARMA International

On December 23, Yahoo News [1] reported on a Department of Defense memo [2] warning military personnel that using direct-to-consumer (DTC) DNA testing could pose “personal and operational risks.” In other words, the Pentagon is concerned about hostile entities using such biometric data to better surveil and track the military.

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