Remove 2017 Remove 2022 Remove Insurance Remove IT
article thumbnail

Merck settles with insurers regarding a $1.4 billion claim over NotPetya damages

Security Affairs

Merck has resolved a dispute with insurers regarding a $1.4 Merck and its insurers have agreed with a $1.4 billion insurance claim for the losses caused by the NotPetya attack that took place in 2017. Merck had not taken out specific insurance to cover cyber attacks, it only had insurance coverage against general risks.

Insurance 120
article thumbnail

Ripcord announces standalone IDP software 

Info Source

Ralph Gammon, Senior Analyst at Infosource May 2024 Ripcord first came onto our radar in 2017, most notably for innovative high-volume scanners, but it also had some early artificial intelligence (AI) powered technology for providing cloud-based Capture, Intelligent Document Processing (IDP) and Content Services to its outsourcing customers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Karma Catches Up to Global Phishing Service 16Shop

Krebs on Security

The international police organization INTERPOL said last week it had shuttered the notorious 16Shop, a popular phishing-as-a-service platform launched in 2017 that made it simple for even complete novices to conduct complex and convincing phishing scams. A 16Shop phishing page spoofing Apple and targeting Japanese users. Image: Akamai.com.

Phishing 189
article thumbnail

What Is the Role of Information Management in Customer Experience?

AIIM

It doesn’t matter if you’re an insurance company, local government agency, or something else. Back in 2017, AIIM concluded that at the heart of every Digital Transformation journey was the need to understand, anticipate, and redefine internal and external customer expectations. A few days later, a box arrived at my front door.

article thumbnail

What is Cybersecurity Risk Management?

eSecurity Planet

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Read more : Best Third-Party Risk Management Tools of 2022. Also read : Top Governance, Risk, and Compliance (GRC) Tools for 2022. What is Cybersecurity Risk Management?

Risk 145
article thumbnail

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.

Insurance 116
article thumbnail

The Week in Cyber Security and Data Privacy: 23–29 October 2023

IT Governance

Thousands of drivers have sensitive data exposed to hackers in major IT breach Date of breach: Unclear, but breached documents date back to 2017. Records breached: 512,000 documents, with details of insurance investigations, vehicle registration certificates, notices of car seizures and payment card details.