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Health insurer Point32Health suffered a ransomware attack

Security Affairs

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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German IT provider Bitmarck hit by cyberattack

Security Affairs

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.”

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Why consumer education is needed in the digital insurance age

DXC Technology

For the insurance sector, this has brought forth both new market opportunities and new market confusion. The insurance sector has leveraged digital for new ways of working, and that has proven to be especially valuable in light of […].

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Multinational ICICI Bank leaks passports and credit card numbers

Security Affairs

ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals. Unfortunately, Cybernews journalist’s email was rejected, and, at the time of writing, we’ve received no official response from the bank.

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News Alert: Guardz uncovers new macOS malware – Hidden Virtual Network Computing (hVNC)

The Last Watchdog

1, 2023 – Guardz , the cybersecurity company securing and insuring SMEs, today disclosed the existence of a Hidden Virtual Network Computing (hVNC) malware targeting macOS devices. To learn more about the newly disclosed macOS hVNC and the rising trend of threats against SMEs, see Guardz’s recent blog post here.

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GUEST ESSAY: Scammers leverage social media, clever con games to carry out digital exploitation

The Last Watchdog

Exploitation drivers From the case of Hegestratos committing insurance fraud by sinking a ship in 300 B.C., Scholars have determined that the precursors of money in combination with language are what enabled humans to solve cooperation issues that other animals could not. The advancement of fraud has materialized parallel to that of currency.

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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.