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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.

Insurance 109
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List of data breaches and cyber attacks in August 2020 – 36.6 million records breached

IT Governance

Toronto residents’ CERB payments on hold after fraudulent employment insurance claims (700) Kentucky’s unemployment system suffers another breach (unknown) Defence supplier PULAU Corporation says it has been hacked (unknown) American Payroll Association notifying those affected by cyber attack (unknown). Cyber attacks. Hitachi Chemical Co.

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The Week in Cyber Security and Data Privacy: 15 – 21 January 2024

IT Governance

GB JSP Pharmaceutical Manufacturing (Thailand) PCL Source (New) Manufacturing Thailand Yes >80 GB TREZOR Source (New) Crypto France Yes Nearly 66,000 Oak View Group Source (New) Leisure USA Yes 58,935 Innefu Labs Pvt. Source (New) Manufacturing Saudi Arabia Yes 86.16 O’Hara & Sons, Inc.

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The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

Source (New) Finance USA Yes 3,494 Woodruff Sawyer Source (New) Insurance USA Yes 3,087 Blackburn College Source (New) Education USA Yes 3,039 CAIRE Inc. Source (New) Professional services Netherlands Yes 28.3 Source (New) Transport USA Yes 3,815 Okta Source 1 ; source 2 (Update) Cyber security USA Yes 3,800 Shah Dixit & Associates, P.C.