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London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. For the insurance industry, working with clients to help them tackle these challenges is vital to ensuring businesses operate in as safe an environment as possible.
For the second month in a row, ransomware has dominated our list of data breaches and cyber attacks. Of the 128 publicly disclosed incidents that we discovered in May, more than 40% of them were ransomware attacks. Ransomware. Ransomware. Cyber attacks. Data breaches. Financial information. In other news…. Cyber attacks.
suffers second ransomware attack in months Having been struck by a ransomware attack in October by the BlackSuit group , which led to operations and appointments being postponed, Akumin Inc. has suffered a second attack, this time by the BianLian ransomware group. Data breached: more than 59 million data records. Akumin Inc.
Ransomware. Ransomware. d/b/a Watson Electrical announces ransomware attack (unknown). d/b/a Watson Electrical announces ransomware attack (unknown). In total, we identified 112 publicly disclosed security incidents in August, resulting in 97,456,345 compromised records. Cyber attacks. Data breaches. In other news….
Ransomware. Ransomware. As usual, incidents affecting UK organisations are in bold. Cyber attacks. Data breaches. Financial information. Malicious insiders and miscellaneous incidents. In other news…. Cyber attacks. aw (unknown).
Finance and insurance finished a close second at 22.4%. Finance and insurance companies were particularly vulnerable to the sort of phishing scams we’re talking about. Given how lucrative and necessary both sectors are to daily life, they make prime targets for ransomware. of cyber attacks IBM handled. costing an estimated $18.88
The company’s description of the incident suggested ransomware. This was confirmed about a fortnight later, in early November, when the ALPHV/BlackCat ransomware group took responsibility for the attack , claiming to have encrypted Henry Schein’s files and exfiltrated 35 TB of data. Data breached: over 300 million records.
From the ransomware attack that compromised a major U.S. The threat of attacks against Critical National Infrastructure (CNI) – energy, utilities, telecommunications, and transportation – is now front of mind for many. The Threat of Ransomware. A Very Human Problem.
ALPHV/BlackCat ransomware gang adds 2.7 TB of ASA Electronics data to its leak site The ALPHV/BlackCat ransomware gang is attempting to extort a ransom from ASA Electronics for 2.7 Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Date breached: 384,658,212 records.
8 TB of data exfiltrated from Advantage Group International Following an outage affecting its leak site (see the ‘Enforcement’ section below), the ALPHV/BlackCat ransomware group is listing only a single incident: a data breach affecting the business management consultant Advantage Group International. GB Goa Natural Gas Pvt.Ltd.
Compromised data includes policyholders’ and their families’ civil status, dates of birth and social security numbers, as well as the name of their health insurer and information relating to their contracts. GB Signature Performance, Inc. GB Signature Performance, Inc. GB Signature Performance, Inc.
Known records breached Real Estate Wealth Network Source 1 ; source 2 (New) Real estate USA Unknown 1,523,776,691 TuneFab Source (New) Software Hong Kong Unknown >151,000,000 Dori Media Group Source (New) Media Israel Yes >100 TB Rosvodokanal Source (New) Utilities Russia Yes 50 TB breached; 1.5
The Health Insurance Portability and Accountability Act — HIPAA — has undergone some massive changes in the past few years to minimize the burden of healthcare entities. Popularly, many organizations utilize HIPAA compliance software to streamline their compliance efforts and for the value it offers. Carrot vs. stick.
Despite Russias selective crackdowns on ransomware groups, this trend poses escalating risks. treats ransomware as state-sponsored terrorism, countermeasures could become far more aggressive, reshaping the fight against cyber threats. water utility, highlights the escalating threat to critical infrastructure. If the U.S.
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