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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

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%

Insurance 112
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Delivering business value for insurance companies

Collibra

Recapping a discussion moderated by Stijn Christiaens and featuring insurance data experts from Deloitte UK . Insurance is a data-intensive business. Insurance companies need data to better assess risks and price policies competitively, but also profitably. Drivers for cloud adoption.

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Ransomware Victims That Pay Up Could Incur Steep Fines from Uncle Sam

Krebs on Security

” As financial losses from cybercrime activity and ransomware attacks in particular have skyrocketed in recent years, the Treasury Department has imposed economic sanctions on several cybercriminals and cybercrime groups, effectively freezing all property and interests of these persons (subject to U.S.

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Rent a hacker: Group-IB uncovers corporate espionage group RedCurl

Security Affairs

Threat Intel firm Group-IB has released an analytical report on the previously unknown APT group RedCurl, which focuses on corporate espionage. A presumably Russian-speaking group conducts thoroughly planned attacks on private companies across numerous industries using a unique toolset. From Russia to Canada.

Cloud 144
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Rite Aid disclosed data breach following RansomHub ransomware attack

Security Affairs

The American drugstore chain giant Rite Aid suffered a data breach following a cyberattack in June conducted by the RansomHub ransomware group. The group is the third-largest drugstore chain in the United States, with over 2,000 stores, and ranked No. ” reads the announcement published by RansomHub group on its Tor Leak site.

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New Ransom Payment Schemes Target Executives, Telemedicine

Krebs on Security

Ransomware groups are constantly devising new methods for infecting victims and convincing them to pay up, but a couple of strategies tested recently seem especially devious. Holden’s team gained visibility into discussions among members of two different ransom groups: CLOP (a.k.a. “ Cl0p ” a.k.a. Last month, the U.S.

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Riding the State Unemployment Fraud ‘Wave’

Krebs on Security

Secret Service warned of “massive fraud” against state unemployment insurance programs , noting that false filings from a well-organized Nigerian crime ring could end up costing the states and federal government hundreds of millions of dollars in losses. Meanwhile, a number of U.S. Last week, the U.S. ” Image: Agari.

Insurance 335