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Cyber Insurance: Higher Premiums, Limited Coverage

Data Breach Today

GAO Report Summarizes Market Trends The increasing number of cyberthreats, especially ransomware attacks, is leading some cyber insurers to raise premiums and limit some coverage in hard-hit sectors, such as healthcare and education, according to a report from the Government Accountability Office.

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SilverTerrier gang uses COVID-19 lures in BEC attacks against healthcare, government organizations

Security Affairs

Nigerian cyber gang SilverTerrier, specialized in BEC attacks, used COVID-19 lures in recent attacks on healthcare and government organizations. SilverTerrier has been active since at least 2014, it is a collective of over hundreds of individual threat actors. . “On April 8, 2020, we witnessed the most recent campaign by this actor.

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TA505 group updates tactics and expands the list of targets

Security Affairs

Trend Micro revealed that the TA505 group that is behind the Dridex and Locky malware families continue to make small changes to its operations. In the middle of July, Trend Micro observed for the first time attacks leveraging. and which used emails with subjects pertaining to finance or urgent concerns on insurance policies.

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FBI, CISA, HHS warn of targeted ALPHV/Blackcat ransomware attacks against the healthcare sector

Security Affairs

“This trend is believed to be a response to the encouragement from ALPHV Blackcat administrators, who urged affiliates to focus their efforts on hospitals following operational actions against the group and its infrastructure in early December 2023.” ” reads the joint advisory. reads the press release. “To

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Previously undetected Earth Longzhi APT group is a subgroup of APT41

Security Affairs

Trend Micro reported that the Earth Longzhi group, a previously undocumented subgroup of APT41, targets Ukraine and Asian Countries. Early this year, Trend Micro investigated a security breach suffered by a company in Taiwan. ” reads the analysis published by Trend Micro.

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MY TAKE: Identity ‘access’ and ‘governance’ tech converge to meet data protection challenges

The Last Watchdog

based supplier of identity access management (IAM) systems, which recently announced a partnership with Omada, a Copenhagen-based provider of identity governance administration (IGA) solutions. Governance and attestation quickly became a very big deal. Compliance became a huge driver for governance and attestation,” Curcio said. “It

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Worrying Ransomware Trends, and What to Do About Them

IT Governance

This trend was confirmed by the 2024 Data Breach Investigations Report : Verizon found a significant jump in ransomware/extortion attacks compared to the 2023 report. So, I sat down with cyber incident responder Vanessa Horton to get her expert insights into this trend. What ransomware trends have you noticed?