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CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity

IT Governance

According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. As a direct result of that blockage, oil couldn’t reach its destination, manufacturers couldn’t get crucial parts, and so on. Then there’s insurance. of its share price.

Insurance 100
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News alert: Salvador Technologies raises $6M to empower cyber resilience in critical systems

The Last Watchdog

Salvador Technologies was founded in 2020 by Alex Yevtushenko (CEO) and Oleg Vusiker (CTO), two childhood friends and innovation enthusiasts with vast experience in cybersecurity. We are thrilled to announce this round of financing and welcome additional investors to our journey,” added Yevtushenko.

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Iran-linked APT group Pioneer Kitten sells access to hacked networks

Security Affairs

“The adversary is particularly interested in exploits related to VPNs and network appliances , including CVE-2019-11510, CVE-2019-19781, and most recently CVE-2020-5902; reliance on exploits such as these lends to an opportunistic operational model.” .” reads the report published by Crowdstrike.

Access 130
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Security Blueprints of Many Companies Leaked in Hack of Swedish Firm Gunnebo

Krebs on Security

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. The REvil actor claimed that on average roughly one in three of its victims agrees to pay an extortion fee.

Security 357
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Luxottica data breach exposes info of LensCrafters and EyeMed patients

Security Affairs

As a vertically integrated company, Luxottica designs, manufactures, distributes and retails its eyewear brands, including LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, Eyemed vision care plan, and Glasses.com. Luxottica Group S.p.A. ” On October 27th, the company began to notify affected users.

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California Governor Signs into Law Bills Updating the CPRA and Bills Addressing the Privacy and Security of Genetic and Medical Data, Among Others

Hunton Privacy

During the week of October 4, 2021, California Governor Gavin Newsom signed into law bills amending the California Privacy Rights Act of 2020 (“CPRA”), California’s data breach notification law and California’s data security law. Medical Data: CMIA and Californian Insurance Code Amendment Bill.

Privacy 98
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Prometei botnet is targeting ProxyLogon Microsoft Exchange flaws

Security Affairs

The Prometei botnet appears to be active at least since March 2020, but it was first observed by Cisco Talos experts in July 2020. Prometei has been observed to be active in systems across a variety of industries, including: Finance, Insurance, Retail, Manufacturing, Utilities, Travel, and Construction.”

Mining 99