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FIN8 group used a previously undetected Sardonic backdoor in a recent attack

Security Affairs

The group has been active since 2016, it leverages known malware such as PUNCHTRACK and BADHATCH to infect PoS systems and steal payment card data. The group focuses on organizations in the insurance, retail, technology, and chemical industries in the U.S., Canada, South Africa, Puerto Rico, Panama, and Italy.

Retail 338
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Prometei botnet is targeting ProxyLogon Microsoft Exchange flaws

Security Affairs

A deep investigation on artifacts uploaded on VirusTotal allowed the experts to determine that the botnet may have been active at least since May 2016. Prometei has been observed to be active in systems across a variety of industries, including: Finance, Insurance, Retail, Manufacturing, Utilities, Travel, and Construction.”

Mining 243
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The growing importance of dynamic pricing and rating in insurance

CGI

The growing importance of dynamic pricing and rating in insurance. Fri, 11/11/2016 - 01:07. On June 20, 2016, CGI held a roundtable discussion on dynamic rating and pricing in the insurance industry that involved nearly all major Dutch insurers. Dynamic pricing. Dynamic rating. Execution of dynamic models.

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Q&A: Why SOAR startup Syncurity is bringing a ‘case-management’ approach to threat detection

The Last Watchdog

SOAR, if you haven’t heard, is a hot new technology stack that takes well-understood data mining and business intelligence analytics methodologies — techniques that are deeply utilized in financial services, retailing and other business verticals – and applies them to cybersecurity. Demisto launched in May 2016.

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Happy 13th Birthday, KrebsOnSecurity!

Krebs on Security

Big Yellow and Avira weren’t the only established brands cashing in on crypto hype as a way to appeal to a broader audience: The venerable electronics retailer RadioShack wasted no time in announcing plans to launch a cryptocurrency exchange. ” The employees who kept things running for RSOCKS, circa 2016. Even though U.S.

Passwords 290
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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147
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Digital Transformation in UK General Insurance: Where do MGAs fit in?

CGI

Digital Transformation in UK General Insurance: Where do MGAs fit in? A lot of attention has been drawn to the digital developments that are being undertaken by insurers in the direct marketplace, but whilst direct is an important market, transformation of the indirect channel is also deserving of more attention. harini.kottees….