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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. Last year, with a total share of 18% of all cyberattacks, it was the second most targeted industry, following manufacturing.

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New RA Group ransomware gang is the latest group using leaked Babuk source code

Security Affairs

Compromised organizations operate in different business verticals, including manufacturing, wealth management, insurance providers, and pharmaceuticals. The researchers noticed that the path contains the same mutex name as the Babuk ransomware, a circumstance that suggests the malware borrows Babuk’s leaked source code.

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

IT Governance

Known records breached Up to 3,806 organisations with DICOM (Digital Imaging and Communications in Medicine) servers Source (New) Healthcare Unknown Unknown >59 million Akumin Source (New) Healthcare USA Yes 5 TB AMCO Proteins Source (New) Manufacturing USA Yes 4 TB Norton Healthcare Source (New) Healthcare USA Yes 2.5 and Robert W.

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

IT Governance

35 TB of data exfiltrated from Henry Schein, plus ALPHV/BlackCat re-encrypted the newly restored files As we first reported last month , the US healthcare solutions provider Henry Schein announced on 15 October that it had suffered a cyber attack that caused disruption to its manufacturing and distribution businesses.

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Time and tide waits for no man – IoT in Insurance

CGI

Time and tide waits for no man – IoT in Insurance. This old saying could also be applied for what is happening in the insurance market with IoT and that given the drive behind IoT in both the consumer and business markets. For example, car insurance could be varied between theft and fully comprehensive when the Car is not being used.

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Insurers’ digital focus is looking through the wrong ‘lens’

CGI

Insurers’ digital focus is looking through the wrong ‘lens’. Read any article on digital insurance and it seems to me that it is all about the insurers! In a more advanced state CGI’s experience in using HoloLens technology from Microsoft suggests to me that this is an area ripe for consumer focussed insurer innovation.

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CyberheistNews Vol 13 #20 [Foot in the Door] The Q1 2023's Top-Clicked Phishing Scams | INFOGRAPHIC

KnowBe4

[link] Munich Re: '3X Growth Estimated in Cyber Crime Costs Over the Next 4 Years' As cyber attacks continue to grow in sophistication and frequency, cyber insurers are expecting their market to double in the next two years. I've also talked quite a bit about cyber insurance and the recent trends. billion by 2027. "3x

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