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Arthur J. Gallagher (AJG) insurance giant discloses ransomware attack

Security Affairs

Gallagher (AJG) insurance giant disclosed a ransomware attack, the security breach took place on Saturday. Gallagher (AJG) global insurance brokerage firm confirmed that it was his with a ransomware attack on Saturday, September 26. Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->. US-based Arthur J.

Insurance 363
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American Insurance firm State Farm victim of credential stuffing attacks

Security Affairs

The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July. Pierluigi Paganini.

Insurance 276
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Group-IB and CryptoIns introduce the world’s first insurance against cyber threats for cryptocurrency exchanges

Security Affairs

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

Insurance 237
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GUEST ESSAY: Cyber insurance 101 — for any business operating in today’s digital environment

The Last Watchdog

To help mitigate the risk of financial losses, more companies are turning to cyber insurance. Related: Bots attack business logic Cyber insurance, like other forms of business insurance, is a way for companies to transfer some of numerous potential liability hits associated specifically with IT infrastructure and IT activities.

Insurance 222
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Anthem Hit With $48 Million in Additional Breach Penalties

Data Breach Today

Settlements Tied to 2014 Breach Also Require Insurer to Take Security Steps The attorneys general of 42 states plus Washington, D.C., have slapped health insurer Anthem with a $39.5 million settlement in the wake of a 2014 cyberattack that affected nearly 79 million individuals. million settlement with the insurer.

Insurance 273
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Maze Ransomware leaks files of ST Engineering group

Security Affairs

. “As per our researchers, this data leak includes the company’s cyber insurance documents, various contract calculations worksheets, NASA give review rules, and much more.” Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->. Copyright (C) 2014 Media.net Advertising FZ-LLC All Rights Reserved -->.

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University of Utah pays a $457,000 ransom to ransomware gang

Security Affairs

University of Utah officials explained that the university’s cyber insurance policy covered part of the ransom. “After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker,” the university said today.” ” continues the statement.