Security Affairs

APRIL 23, 2023

Non-profit health insurer Point32Health suffered a ransomware attack and has taken systems offline in response to the incident. Non-profit health insurer Point32Health has taken systems offline in response to a ransomware attack that took place on April 17. ” reads the statement published by the insurer.

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Insurance Ransomware Cybersecurity Education 246

Data Breach Today

JULY 5, 2022

Get the Latest Insights from the Industry's Top Minds - All in One Place Welcome to ISMG's compendium of RSA Conference 2022. The 31st annual conference covered a wide range of topics including cybercrime, cyberwarfare, zero trust, supply chain risk, ransomware, OT security, cyber insurance and jobs.

Insurance 244

Insurance Ransomware Risk Access 244

Security Affairs

DECEMBER 1, 2023

The Black Basta ransomware gang infected over 300 victims accumulating ransom payments exceeding $100 million since early 2022. The Black Basta ransomware group has been active since April 2022, like other ransomware operations, it implements a double-extortion attack model. ” reads the Elliptic’s report.

Ransomware 310

Ransomware Blockchain Retail Insurance 310

Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. The HardBit ransomware group first appeared on the threat landscape in October 2022, but unlike other ransomware operations, it doesn’t use a double extortion model at this time. Very important!

Insurance 246

Insurance Ransomware Encryption IT 246

IT Governance

MAY 24, 2022

One of the most common ways to mitigate the risk of a cyber security incident is cyber insurance. These activities aren’t typically included in standard business insurance policies, which tend to only cover costs related to technical issues, such as corrupted hard drives and lost devices. The benefits of cyber insurance.

Insurance 136

Insurance Data breaches GDPR Ransomware 136

Security Affairs

FEBRUARY 26, 2023

In February 2022, the American media and publishing giant News Corp revealed it was the victim of a cyber attack from an advanced persistent threat actor that took place in January 2022. The investigation conducted by News Corporation (News Corp) revealed that attackers remained on its network for two years.

IT 246

IT Data breaches Insurance Cybersecurity 246

Security Affairs

JANUARY 23, 2024

The Australian government announced sanctions for a member of the REvil ransomware group for the Medibank hack that occurred in 2022. The man is responsible for the cyber attacks that in 2022 hit the Australian insurance provider Medibank. “ In November 2022, Medibank announced that personal data belonging to around 9.7M

Government 343

Government Insurance Ransomware Data breaches 343

Security Affairs

MAY 12, 2024

Black Basta ransomware affiliates have breached over 500 organizations between April 2022 and May 2024, FBI and CISA reported. Black Basta ransomware-as-a-service (RaaS) has been active since April 2022, it impacted several businesses and critical infrastructure entities across North America, Europe, and Australia.

Ransomware 357

Ransomware Blockchain Retail Insurance 357

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

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Insurance Ransomware Cybersecurity Marketing 121

The Last Watchdog

JULY 27, 2023

New York, NY, July 27, 2023 – QBE North America today announced the launch of a cyber insurance program with new MGA, Converge, acting as program administrator. Tom Kang, CEO, Converge, added, “We’re thrilled to partner with QBE North America given their experience and reputation in the cyber insurance market.

Insurance 188

Insurance Risk Retail Marketing 188

Data Breach Today

SEPTEMBER 25, 2023

No Word Yet on Hospital Chain's Cyber Insurance Claim, Multiple Lawsuits Pending Chicago-based CommonSpirit is still waiting to hear back on its insurance claim for an October 2022 ransomware attack, but the hospital chain said disruption of some facilities and "significantly" hampered billing and collection activities contributed to a $1.4

Insurance 273

Insurance Ransomware IT 273

Security Affairs

OCTOBER 23, 2024

Data Security Posture Management, also known as DSPM, is a relatively new term first coined by Gartner in its 2022 Hype Cycle for Data Security report. Health Insurance Portability and Accountability Act (HIPAA) HIPAA is a compliance framework designed to protect patients’ health information in the United States.

Data Privacy 315

Data Privacy Privacy GDPR Compliance 315

IT Governance

FEBRUARY 15, 2022

To help you understand what might be in store in 2022, we’ve collected nine forecasts from cyber security experts. Cyber insurance will become more popular and more comprehensive. It’s led to a growing trend for organisations to purchase cyber insurance, which Forbes contributor Emil Sayegh believes will continue in 2022.

Security 142

Security Insurance Authentication Passwords 142

Security Affairs

MAY 16, 2024

” In November 2022, Medibank announced that personal data belonging to around 9.7M of current and former customers were exposed due to a ransomware attack that occurred in October 2022. Medibank is one of the largest Australian private health insurance providers with approximately 3.9 million customers.

Ransomware 329

Ransomware e-Delivery Data breaches Insurance 329

Security Affairs

SEPTEMBER 8, 2024

BlackSuit Ransomware Dissecting the Cicada Year-Long Campaign of Malicious npm Packages Targeting Roblox Users Rocinante: The trojan horse that wanted to fly Threat actors using MacroPack to deploy Brute Ratel, Havoc and PhantomCore payloads Earth Lusca Uses KTLVdoor Backdoor for Multiplatform Intrusion FBI: Play ransomware gang has attacked 300 orgs (..)

Security 288

Security Insurance Ransomware Government 288

Hunton Privacy

MAY 4, 2022

In April 2022, two states enacted insurance data security legislation based on the National Association of Insurance Commissioners (“NAIC”) Insurance Data Security Model Law (MDL-668).

Insurance 110

Insurance Security Information Security Compliance 110

Data Breach Today

FEBRUARY 3, 2023

So warns cyber insurer Coalition, based on analyzing in-the-wild attacks seen in 2022 via underwriting and claims data, scans of IP addresses and honeypots.

Insurance 130

Insurance Cloud Honeypots Access 130

Security Affairs

OCTOBER 4, 2022

The attack took place from at least September 27, 2022 through the morning of September 29, 2022. The malicious installer was used to infect organizations in multiple sectors, including the industrial, healthcare, technology, manufacturing, insurance and telecommunications sectors in North America and Europe.

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Metadata Insurance Manufacturing Communications 334

Security Affairs

JANUARY 4, 2023

According to a statement published by Wabtec, threat actors breached the company network and infected internal systems as early as March 15th, 2022. On November 23, 2022, Wabtec, with the assistance of data review specialists, determined that personal information was contained within the impacted files.”

Ransomware 246

Ransomware Insurance Data breaches Manufacturing 246

Security Affairs

FEBRUARY 4, 2022

Morley thereafter began collecting contact information needed to provide notice to potentially affected individuals, which was completed in early 2022.” On January 18, 2022, it was confirmed that your information was involved. ” reads security incident notification sent by the company.

Ransomware 317

Ransomware Business Services Data breaches Insurance 317

Security Affairs

DECEMBER 29, 2022

The security breach took place on October 21, 2022, when the internal security team detected unusual activity on its computer network. Health insurance information. Starting on December 23, 2022, the company is sending a data breach notification via mail to the impacted patients. Department of Health and Human Services (HHS).

Ransomware 246

Ransomware Computer and Electronics Data breaches Insurance 246

Security Affairs

JANUARY 2, 2024

The Black Basta ransomware group has been active since April 2022 , like other ransomware operations, it implements a double-extortion attack model. A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022.

Ransomware 338

Ransomware Encryption Blockchain Insurance 338

Security Affairs

DECEMBER 28, 2022

The chief executive of insurance giant Zurich warns that cyber attacks, rather than natural catastrophes, will become uninsurable. Mario Greco, chief executive of insurer giant Zurich, has warned that cyber attacks will become soon “uninsurable.”. What will become uninsurable is going to be cyber,” Mario Greco told the Financial Times.

Insurance 246

Insurance Risk Ransomware IT 246

KnowBe4

OCTOBER 17, 2023

Popular cyber insurers are claiming that cybercriminals made ransomware attacks popular again in 2023 after a slight break in 2022.

Insurance 124

Insurance Ransomware 124

Krebs on Security

MARCH 17, 2023

The forum’s administrator “ Pompompurin ” has been a thorn in the side of the FBI for years, and BreachForums is widely considered a reincarnation of RaidForums , a remarkably similar crime forum that the FBI infiltrated and dismantled in 2022. In April 2022, U.S. Image: News 12 Westchester.

Data breaches 352

Data breaches Sales Insurance Access 352

Krebs on Security

MAY 29, 2024

For example, the government estimates that 560,000 fraudulent unemployment insurance claims originated from compromised Internet addresses, resulting in a confirmed fraudulent loss exceeding $5.9 The prices page for 911 S5, circa July 2022. $28 28 would let users cycle through 150 proxies on this popular service.

Cloud 344

Cloud Government Insurance IT 344

KnowBe4

DECEMBER 30, 2022

Analysis of the year’s breaches shows Finance and Insurance businesses are the most targeted and have lost a material count of records as a result.

Insurance 111

Insurance Data breaches Security awareness Security 111

Security Affairs

MAY 1, 2023

Bitmarck, one of the largest IT service providers for social insurance carriers in Germany, announced yesterday that it has suffered a cyber attack. “We very much regret the inconvenience caused to our customers, service providers and insured persons and are working to restore the systems as quickly as possible.”

IT 246

IT Insurance Data breaches Education 246

Security Affairs

JANUARY 23, 2024

The Black Basta ransomware group has been active since April 2022 , like other ransomware operations, it implements a double-extortion attack model. A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022.

Encryption 358

Encryption Ransomware Blockchain Insurance 358

Data Breach Today

AUGUST 23, 2024

Australian Insurer Expects Years of Litigation Related to 2022 Hack Australia's largest provider of private health insurance says it expects to spend a total of AU$126 million, or $84.78 A Russia-based cybercriminal group hacked Medibank in October 2022. million, over a three-year period to upgrade its IT security.

Insurance 162

Insurance Security IT 162

KnowBe4

SEPTEMBER 28, 2023

The latest cyber claims report from Coalition , a digital risk insurance provider, finds a 12% increase in cyber insurance claims in the first half of 2023 over the second half of 2022, due to surging attack frequency and severity.

Insurance 122

Insurance Risk Ransomware Security 122

Security Affairs

JULY 4, 2024

Some key facts about HealthEquity: As of July 2022, HealthEquity managed 7.5 “The Company believes it holds adequate cybersecurity insurance for this incident and will also be seeking recourse from the Partner.” million HSA accounts with $20.5 million accounts. . ” continues the Form 8-K.

Data breaches 309

Data breaches Insurance Access Cybersecurity 309

Security Affairs

JULY 13, 2024

148 in the Fortune 500 in 2022. Rite Aid later confirmed that the threat actors had access to more than 24,000 of its customers’ personally identifiable information, including names, addresses, birth dates, limited insurance, and prescription information.

Data breaches 347

Data breaches Ransomware Insurance Cybersecurity 347

Security Affairs

NOVEMBER 2, 2023

” Exposed data include name, Social Security Number, and health or medical insurance plan number. In December 2022, the American identity and access management giant revealed that its private GitHub repositories were hacked. . “The investigation revealed that your personal information was contained in the impacted file.

Data breaches 353

Data breaches Insurance Access Authentication 353

Security Affairs

FEBRUARY 28, 2024

billion in revenue for fiscal year 2022 and had approximately 44,000 employees. Optum Solutions is a subsidiary of UnitedHealth Group, a leading health insurance company in the United States. Cencora, Inc. The Company had $238.6 “On February 21, 2024, Cencora, Inc.

Healthcare 334

Healthcare Data breaches Ransomware Insurance 334

KnowBe4

DECEMBER 28, 2022

27, 2022, The Ohio Supreme Court ruled in favor of an insurance company, determining that its contract to cover any direct physical loss or damage to property did not encompass ransom payments made when a hacker illegally gained access to medical billing software company EMOIs systems and data.

Insurance 115

Insurance Ransomware Access IT 115

Security Affairs

NOVEMBER 14, 2022

According to research conducted by IBM, the average cost to companies of a data breach in 2022 is US$ 4.35 Add to that, there is the risk of penalties and fines (which are not insurable in most jurisdictions) not only under privacy and data protection regulations but also on the basis of cybersecurity regulations that are now proliferating.

Insurance 356

Insurance Risk Ransomware Encryption 356