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Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. Across the financial sector, there are transition risks to consider as we move to a low-carbon economy. Financial services firms can use the tool for “what if?”

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Operation Cronos: law enforcement disrupted the LockBit operation

Security Affairs

Since January 2020, affiliates utilizing LockBit have targeted organizations of diverse sizes spanning critical infrastructure sectors such as financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation.

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Cybersecurity agencies published a joint LockBit ransomware advisory

Security Affairs

Help us #StopRansomware by visiting [link] pic.twitter.com/G5jpxtB0Fw — Cybersecurity and Infrastructure Security Agency (@CISAgov) June 14, 2023 The LockBit ransomware operation was the most active in 2022 and according to the researchers it is one of the most prolific RaaS in 2023.

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FBI obtained 7,000 LockBit decryption keys, victims should contact the feds to get support

Security Affairs

” said Bryan Vorndran, the Assistant Director at the FBI Cyber Division, during the 2024 Boston Conference on Cyber Security. The NCA and its global partners have secured over 1,000 decryption keys that will allow victims of the gang to recover their files for free.

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US GOV OFFERS A REWARD OF UP TO $15M FOR INFO ON LOCKBIT GANG MEMBERS AND AFFILIATES

Security Affairs

The NCA and its global partners have secured over 1,000 decryption keys that will allow victims of the gang to recover their files for free. Additionally, the US authorities has unveiled indictments against two Russian nationals, accusing them of conspiring to carry out LockBit attacks.

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More details about Operation Cronos that disrupted Lockbit operation

Security Affairs

The NCA and its global partners have secured over 1,000 decryption keys that will allow victims of the gang to recover their files for free. .” Additionally, the US authorities has unveiled indictments against two Russian nationals, accusing them of conspiring to carry out LockBit attacks.

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Turning climate risks into business opportunities 

IBM Big Data Hub

In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life. In the US, the Texas Department of Agriculture identified climate change as a potential threat to the state’s food supply.

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