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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. That’s a 48-digit password – 8 pairs of 6 digits. As the CrowdStrike situation showed us, of course. Then there’s insurance. of its share price. And if so, how?

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The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

Krebs on Security

In reality, the fraudster initiates a transaction — such as the “forgot password” feature on the financial institution’s site — which is what generates the authentication passcode delivered to the member. The fraudster then uses Zelle to transfer the victim’s funds to others.

IT 360
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Connecticut Tightens its Data Breach Notification Laws

Data Protection Report

credit or debit card number, or any financial account number in combination with any required security code, access code or password that would permit access to such financial account. 60-Day Notification Window. The amended law expands this requirement to breaches involving Social Security numbers and taxpayer identification numbers.

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PayPal notifies 34942 users of data breach over credential stuffing attack

Security Affairs

The company is sending out breach notification letters to the impacted customers, threat actors had access to names, addresses, Social Security Numbers, individual tax identification numbers, dates of birth for PayPal users, and of course transaction histories.

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

KnowBe4

Learn about the real risks of weak passwords, why password management is key to building a strong security culture, and our best advice on how to protect your users and your organization. I've also talked quite a bit about cyber insurance and the recent trends. Grimes , Data-Driven Defense Evangelist. billion by 2027. "3x

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List of Data Breaches and Cyber Attacks in 2023

IT Governance

We offer a variety of resources to help understand and mitigate threats, from training courses and consultancy services to free guides. MCNA Insurance MCNA Insurance, also known as MCNA Dental, was caught up in a cyber hacking incident last week, in which 112 covered entities were affected.

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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

Insurance 104