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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 104
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The Week in Cyber Security and Data Privacy: 4 – 10 December 2023

IT Governance

Researchers from the German cyber security company Aplite discovered 3,806 servers from 111 countries accessible on the Internet. million LivaNova Source 1 ; source 2 (New) Manufacturing UK Yes 2.2 million LivaNova Source 1 ; source 2 (New) Manufacturing UK Yes 2.2 Source (New) Manufacturing Canada Yes 1.2 Akumin Inc.

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

Security Affairs

Iran-linked APT group Pioneer Kitten is now trying to monetize its efforts by selling access to some of the networks it has hacked to other hackers. Iran-linked APT group Pioneer Kitten, also known as Fox Kitten or Parisite, is now trying to monetize its efforts by selling access to some of the networks it has hacked to other hackers.

Access 119
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Ransomware group Dark Angels claims the theft of 1TB of data from chipmaker Nexperia 

Security Affairs

Nexperia is a semiconductor manufacturer headquartered in Nijmegen, the Netherlands. The chipmaker confirmed it became aware of the unauthorized access to certain Nexperia IT servers in March 2024. It is a subsidiary of the partially state-owned Chinese company Wingtech Technology. All data is confidential, contains trade secrets. -

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The Week in Cyber Security and Data Privacy: 27 November – 3 December 2023

IT Governance

It also appears that the data was accessed: the Readme bot “partially destroyed” the open instance, injecting a ransom note with a bitcoin wallet address to send a payment to in exchange for the files. Source (New) Manufacturing USA Yes 1,212 Butte School District Source (New) Education USA Yes 900+ Fenway Community Health Center, Inc.

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McLaren Health Care revealed that a data breach impacted 2.2 million people

Security Affairs

The investigation revealed that threat actors gained unauthorized access to McLaren’s network between July 28, 2023, and August 23, 2023. “On August 31, 2023, McLaren learned the unauthorized actor had the ability to acquire certain information stored on the network during the period of access.

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Hackers Breached Virginia Bank Twice in Eight Months, Stole $2.4M

Krebs on Security

Now the financial institution is suing its insurance provider for refusing to fully cover the losses. But just eight months later — in January 2017 according to the lawsuit — hackers broke in to the bank’s systems once more, again gaining access to the financial institution’s systems via a phishing email.

Insurance 193