Data Breach Today

MAY 14, 2024

Firms Back New Guidance for Victims From UK's National Cyber Security Centre A coalition of cyber insurance associations has pledged to back fresh government cybersecurity guidance designed to help victims avoid ever paying a ransom, as part of an ongoing push to reduce ransomware's profitability for criminals in part by improving organizations' resilience (..)

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Security Affairs

JANUARY 9, 2025

Immediately after discovering the security breach, the company started the investigation with the help of a cybersecurity forensic firm. Additionally, we implemented enhanced security measures to prevent similar incidents from occurring in the future.” The information impacted varies by individual.

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Security Affairs

FEBRUARY 8, 2024

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 million unfilled cyber security jobs, showing a big need for skilled professionals. million per breach.

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Schneier on Security

JULY 1, 2021

Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. Although it is a societal problem, cyber insurers have received considerable criticism for facilitating ransom payments to cybercriminals. Often, that’s paying the ransom. News article.

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Krebs on Security

MAY 23, 2020

When a reliable method of scamming money out of people, companies or governments becomes widely known, underground forums and chat networks tend to light up with activity as more fraudsters pile on to claim their share. And that’s exactly what appears to be going on right now as multiple U.S. Meanwhile, a number of U.S.

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Krebs on Security

JANUARY 23, 2019

federal government shutdown is having a tangible, negative impact on cybercrime investigations, according to interviews with federal law enforcement investigators and a report issued this week by a group representing the interests of FBI agents. As a nation, we are much less safe from a cyber security posture than we were a month ago.”

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The Last Watchdog

NOVEMBER 12, 2024

Security and Exchange Commission (SEC) recently laid down the hammer charging and fining four prominent cybersecurity vendors for making misleading claims in connection with the SolarWinds hack. A security incident is often an indication of poor investment in security programs, rather than personal characeteriziation of the security leader.

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Security Affairs

NOVEMBER 20, 2021

banking regulators this week approved a rule that obliges banks to report any major cybersecurity incidents to the government within 36 hours of discovery. The rule was approved by the Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency. Pierluigi Paganini. Pierluigi Paganini.

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Security Affairs

SEPTEMBER 8, 2024

Every week the best security articles from Security Affairs are free in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press. Managing Cybersecurity in the Age of Artificial Intelligence Clearview AI Faces €30.5M

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Krebs on Security

OCTOBER 1, 2020

federal government if the crooks who profit from the attack are already under economic sanctions, the Treasury Department warned today. government, they still can be fined either way, said Ginger Faulk , a partner in the Washington, D.C. Image: Shutterstock. jurisdiction) and making it a crime to transact with them.

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Security Affairs

MAY 16, 2024

MediSecure is a company that provides digital health solutions, particularly focusing on secure electronic prescription delivery services in Australia. “MediSecure has identified a cyber security incident impacting the personal and health information of individuals. ” reads the statement published by the company.

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Krebs on Security

OCTOBER 28, 2020

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. The company has operations in 25 countries, more than 4,000 employees, and billions in revenue annually. Acting on a tip from Milwaukee, Wis.-based

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Security Affairs

JANUARY 14, 2019

Zurich American Insurance Company is refusing to refund its client because consider the attack as “an act of war” that is not covered by its policy. According to the cyber security community, NotPetya is a cyber weapon develped by Russia to hit the Ukrainian government. SecurityAffairs – Mondelez, cyber insurance).

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Security Affairs

DECEMBER 17, 2024

The security breach exposed the personal, health, and financial data from its health sciences centers, the Health Sciences Center and Health Sciences Center El Paso. ” reads the notice of security breach published by the HSCs. Texas Tech University reports a data breach affecting 1.4 million individuals following a cyber attack.

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Security Affairs

APRIL 24, 2022

A new round of the weekly Security Affairs newsletter arrived! Every week the best security articles from Security Affairs free for you in your email box. The post Security Affairs newsletter Round 362 by Pierluigi Paganini appeared first on Security Affairs. Patch them now! Patch them now! Pierluigi Paganini.

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Security Affairs

SEPTEMBER 27, 2024

In a press statement, the Ministry said that systems have been restored to their backups including systems at Kuwait Cancer Control Center and administrative systems, like the health insurance and expatriate check-up systems.” According to the ministry, the healthcare systems were taken offline to secure them.

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IT Governance

MAY 24, 2022

Organisations must always look for cost-effective ways to address the cyber security risks they face. With more than 1,200 publicly disclosed data breaches last year , and organisations spending almost £3 million on average responding to security incidents , effective risk management is a top priority. The benefits of cyber insurance.

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Security Affairs

APRIL 8, 2024

Greylock McKinnon Associates (GMA) provides expert economic analysis and litigation support to a diverse group of domestic and international clients in the legal profession, the business community, and government agencies, including the Department of Justice (DoJ).

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Security Affairs

JANUARY 6, 2019

The Dark Overlord hacking group claims to have stolen a huge trove of documents from the British insurance company Hiscox, Hackers stole “hundreds of thousands of documents,” including tens of thousands files related to the 9/11 terrorist attacks. “ There’s five layers to go. Layer 1, 2, 3, 4, and fine finally Layer 5.

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Security Affairs

MAY 29, 2023

MCNA Dental is one of the largest US dental care and oral health insurance providers. The security breach exposed the personal information of current or former provider of dental/orthodontic care to members of certain state Medicaid and Children’s Health Insurance Programs, for which MCNA provides dental benefits and services.

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Security Affairs

JUNE 13, 2020

Google also revealed that hackers are also attempting to impersonate government authorities and healthcare organizations, including the WHO, to trick victims that are in smart working. In the UK hackers are imitating government institutions to try to gain access to personal information using government measures to help businesses as lures.

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eSecurity Planet

MAY 27, 2021

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

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Krebs on Security

JUNE 18, 2021

Securities and Exchange Commission settled its investigation into the matter after the Fortune 500 company agreed to pay a paltry penalty of less than $500,000. The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 This week, the U.S. First American Financial Corp.

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Security Affairs

DECEMBER 9, 2023

The security breach exposed personal information belonging to patients, employees, and dependents. The health system notified federal law enforcement and launched an investigation into the incident with the help of a leading forensic security provider. ” reads the notice of security incident.

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IT Governance

OCTOBER 15, 2020

Cyber threats are so numerous that it’s impossible to prevent security incidents altogether. That’s why they organisations increasingly relying on cyber insurance policies to cover the costs when data breaches and cyber attacks occur. But just how helpful is cyber insurance? What is cyber insurance?

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Security Affairs

JUNE 18, 2024

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. The indirect costs of ransomware attacks are often even more damaging.

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Security Affairs

JUNE 14, 2024

In January 2025, European financial and insurance institutions, their business partners and providers, must comply with DORA. In January 2025, financial and insurance institutions in Europe and any organizations that do business with them must comply with the Digital Operation Resilience Act, also known as DORA. Can this be done?

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Security Affairs

JULY 15, 2019

On July 6, a ransomware attack brought down government computer systems at La Porte County, Indiana, finally, the county decided to pay $130,000 ransom. For at least three days, government systems were not working forcing the County officials to evaluate the option to pay the ransom. ” reported the WSBT.

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Security Affairs

OCTOBER 1, 2023

Experts warn that the recent attack on building automation giant Johnson Controls may have exposed data of the Department of Homeland Security (DHS). The company provides HVAC (heating, ventilation, and air conditioning), solutions for building automation, fire and security systems, and components for energy management. “The

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Security Affairs

APRIL 4, 2024

email address, phone number), date of birth, social security number, driver’s license or other government identification, financial details (e.g., According to the notification letter sent to the impacted individuals, the security breach occurred between July 7, 2023 and October 15, 2023 and was discovered on March 25, 2024.

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Security Affairs

JANUARY 6, 2024

Orrick explained that it immediately took steps to block the unauthorized access and launched an investigation into the security incident. Orrick has identified no evidence of further unauthorized activity since detecting the security incident on March 13.” ” reads the data breach notification.

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Security Affairs

JUNE 20, 2019

The internal IT staff has been working with security consultants to restore the operations, but according to them the only way to decrypt the information was to pay the ransom. . On Monday, city officials participating to a rapid meeting unanimously voted to use the city’s insurance to pay a ransom of 65 bitcoins (~$603,000).

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IT Governance

AUGUST 23, 2022

Cyber liability insurance helps organisations cover the financial costs of a data breach. Without insurance, organisations spend £3.6 million on average recovering from security incidents. By purchasing cyber liability insurance, organisations gain the resources they need at a fraction of the cost.

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Security Affairs

SEPTEMBER 1, 2020

The Iranian hacker group has been attacking corporate VPNs over the past months, they have been hacking VPN servers to plant backdoors in companies around the world targeting Pulse Secure , Fortinet , Palo Alto Networks , and Citrix VPNs. ” reads the report published by Crowdstrike. ” continues the report. Pierluigi Paganini.

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Security Affairs

NOVEMBER 12, 2023

The Government organization disclosed a data breach that impacted about 1.3 The security breach took place in the State between May 28, 2023, and May 29, 2023. ” reads the notice of Security Incident. The attackers also gained access to medical information and health insurance information of some individuals.

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Krebs on Security

MAY 29, 2024

” The arrest coincided with the seizure of the 911 S5 website and supporting infrastructure, which the government says turned computers running various “free VPN” products into Internet traffic relays that facilitated billions of dollars in online fraud and cybercrime. government.

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Krebs on Security

JANUARY 19, 2022

is perhaps better known as the online identity verification service that many states now use to help staunch the loss of billions of dollars in unemployment insurance and pandemic assistance stolen each year by identity thieves. I went with and would encourage others to use the strongest MFA option — a physical Security Key.

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