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This group primarily focused its attacks on the construction, manufacturing/industrial, and retail industries. Previously dominated by the construction industry, the IT sector now claims the top spot in 2023. The data shows a shift in ransomware targets over the past three years.
Nexperia is a semiconductor manufacturer headquartered in Nijmegen, the Netherlands. The Dark Angels (Dunghill) ransomware group claims responsibility for hacking chipmaker Nexperia and stealing 1 TB of the company’s data. It is a subsidiary of the partially state-owned Chinese company Wingtech Technology. pst files - 1.5
Xchanging is a business process and technology services provider and integrator, which provides technology-enabled business services to the commercial insuranceindustry. Xchanging is primarily an insurance managed services business that operates on a standalone basis.”
Exposed information varied by individual and may include some combination of certain individuals’ names, social Security number, health insurance information, date of birth, and medical information. ” reads the notice of data breach sent to the Maine Attorney General.
Black Basta affiliates have targeted over 500 private industry and critical infrastructure entities, including healthcare organizations, in North America, Europe, and Australia.” Most of the victims are in the manufacturing, engineering and construction, and retail sectors. ” reads the CSA. in Germany, and 5.9%
The phishing attacks were aimed at senior executives across various industries, primarily in Banking, Financial, Insurance, Property Management and Real Estate, and Manufacturing sectors. The campaign was observed between July and August, threat actors used the phishing kit ‘ EvilProxy.’
The malicious installer was used to infect organizations in multiple sectors, including the industrial, healthcare, technology, manufacturing, insurance and telecommunications sectors in North America and Europe. The attack took place from at least September 27, 2022 through the morning of September 29, 2022.
BlackCat/ALPHV ransomware gang has been active since November 2021, the list of its victims is long and includes industrial explosives manufacturer SOLAR INDUSTRIES INDIA , the US defense contractor NJVC , gas pipeline Creos Luxembourg S.A. , the fashion giant Moncler , the Swissport , NCR , and Western Digital.
Starting from May 2023, researchers from Cofense discovered a large-scale phishing campaign using QR codes in attacks aimed at stealing the Microsoft credentials of users from multiple industries One of the organizations targeted by hackers is a notable energy company in the US. ” reads Cofense’s report.
Wabtec Corporation is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower Industries Corporation in 1999. It manufactures products for locomotives, freight cars and passenger transit vehicles, and builds new locomotives up to 6,000 horsepower.
Now the financial institution is suing its insurance provider for refusing to fully cover the losses. In its lawsuit (PDF), National Bank says it had an insurance policy with Everest National Insurance Company for two types of coverage or “riders” to protect it against cybercrime losses. million total. THE LAWSUIT.
London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. For the insuranceindustry, working with clients to help them tackle these challenges is vital to ensuring businesses operate in as safe an environment as possible.
Optum Solutions is a subsidiary of UnitedHealth Group, a leading health insurance company in the United States. A ransomware attack hit the UnitedHealth Group subsidiary Optum leading to an outage impacting the Change Healthcare payment exchange platform. We will provide updates as more information becomes available.”
Menlo Security warns that a social engineering campaign is using the EvilProxy phishing kit to target senior executives across a range of industries, including banking and financial services, insurance, property management and real estate, and manufacturing.
Early this year the group announced that it will no longer attack organizations in the healthcare industry, companies involved in the development and distribution of COVID-19 vaccines, and funeral service organizations. The alert provides technical details and mitigations related to the activity of Darkside ransomware gang. .”
is an Italian eyewear conglomerate and the world’s largest company in the eyewear industry. As a vertically integrated company, Luxottica designs, manufactures, distributes and retails its eyewear brands, including LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, Eyemed vision care plan, and Glasses.com.
According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. If using encryption adds an extra step to the recovery, is that why security-conscious industries were hit harder than others? Then there’s insurance. of its share price.
Compliance and Legal Risks : In regulated industries, failure to maintain APIs in compliance with industry standards and legal requirements can result in legal and regulatory risks, including fines and legal actions. He has experience with ISO 27001 and SOC 2 Type 2 implementation and maintenance.
Prometei has been observed to be active in systems across a variety of industries, including: Finance, Insurance, Retail, Manufacturing, Utilities, Travel, and Construction.” . “The victimology is quite random and opportunistic rather than highly targeted, which makes it even more dangerous and widespread.
ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals. Last year, with a total share of 18% of all cyberattacks, it was the second most targeted industry, following manufacturing.
A chance meeting – in an elevator, no less – led to Kim veering over to the cybersecurity industry. DataLocker honed its patented approach to manufacturing encrypted portable drives and landed some key military and government clients early on; the company has continued branching out ever since. LW: What’s the market for this?
Known records breached Up to 3,806 organisations with DICOM (Digital Imaging and Communications in Medicine) servers Source (New) Healthcare Unknown Unknown >59 million Akumin Source (New) Healthcare USA Yes 5 TB AMCO Proteins Source (New) Manufacturing USA Yes 4 TB Norton Healthcare Source (New) Healthcare USA Yes 2.5 and Robert W.
18, 2023 – Salvador Technologies , the pioneering cyber-attack recovery platform provider for critical infrastructures and industrial organizations, today announced that it has secured $6m in funding. Rehovot, Israel Dec. We are thrilled to announce this round of financing and welcome additional investors to our journey,” added Yevtushenko.
35 TB of data exfiltrated from Henry Schein, plus ALPHV/BlackCat re-encrypted the newly restored files As we first reported last month , the US healthcare solutions provider Henry Schein announced on 15 October that it had suffered a cyber attack that caused disruption to its manufacturing and distribution businesses.
In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat. Read the whole entry. »
The dominant theme in Africa’s print industry is currently logistics and supply. Like the critical shortages we have seen in the chip industry, there simply is not enough stock of printers and much print-related equipment. This is a tight industry across the continent. Chris de Beer.
We talk to Bruce McDonnell of the East West Institute about how insurers are responding. Related Stories Episode 155: Disinformation is a Cyber Weapon and APTs warm to Mobile Malware Podcast Episode 117: InsuranceIndustry Confronts Silent Cyber Risk, Converged Threats NotPetya Horror Story Highlights Need for Holistic Security.
Increased scrutiny over connected car and automobile industry data from Chinese regulators, including push towards data localisation. Data localisation of personal information and important data: the regulators expect personal information and important data of the automobile industry to be processed and stored in Mainland China.
Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.
Insurers’ digital focus is looking through the wrong ‘lens’. Read any article on digital insurance and it seems to me that it is all about the insurers! This again causes consumer dissatisfaction with the industry as a whole and drives unwanted consumer behaviours at the point of claim. harini.kottees…. Add new comment.
[link] Munich Re: '3X Growth Estimated in Cyber Crime Costs Over the Next 4 Years' As cyber attacks continue to grow in sophistication and frequency, cyber insurers are expecting their market to double in the next two years. I've spent a lot of time here educating you on attack specifics, industry trends, and the impacts felt by attacks.
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.
introduced crucial enhancements that support compliance, security, and productivity across industries. In addition, OpenText Content Management (Extended ECM) for Product Lifecycle Management (PLM) provided a single source of truth across the enterprise and supply chain, streamlining manufacturing processes from product design to development.
Cybercrime is a growth industry like no other. A major focus of cybersecurity as an industry is its efforts to detect, root out, and respond to potential fraudsters attempting to trick companies and people out of their money, data, or both. Finance and insurance finished a close second at 22.4%. billion in reported losses.
In this spotlight edition* of The Security Ledger Podcast, Steve Hanna of Infineon joins us to talk about the growing risk of cyber attacks on industrial systems and critical infrastructure. Industry 4.0" “Industry 4.0” ”Industrial IoT or Industry 4.0 We talk about how that might be.
Patients’ names, dates of birth, addresses, medical record numbers, patient account numbers, medical diagnoses, treatment and/or clinical information, test results, prescription information and health insurance details were all affected. Meanwhile, the researchers found that the most attacked industries are IT, healthcare and manufacturing.
Related: HBO hack spurs cyber insurance market. Irdeto’s suite of products helps set-top box manufacturers protect high-value content; its technology also is used by live sports broadcasters to deter hackers from siphoning off pay-for-view sporting events. Makes sense, though. Here are the big takeaways: Making it too expensive.
Organized by industry analysts KuppingerCole , this flagship event will bring together more than 1,500 delegates from around the world: C-suite IAM leaders, cyber professionals, and experts from enterprise and mid-market organizations.
The idea of walling off the most critical assets in a network is a particularly good fit for critical infrastructure and industrial IoT, in which a wide range of legacy devices simply aren’t able to run traditional EDR software. Also read: How to Implement Microsegmentation. Critical Infrastructure, IIoT a Good Fit.
In its 2021 Threat Force Intelligence Index , IBM reported that manufacturing and financial services were the two industries most at risk for attack, making up 23.2% The healthcare industry is a similarly high-value target thanks to the incredibly sensitive personal details they keep on patients and customers.
Firm that built NHS Nightingale Hospital hit by cyber attack (unknown) People’s Energy data breach affects every customer (270,000) Exmo crypto exchange halts all withdrawals after cyber attack (unknown) Scottish Environment Protection Agency targeted in a cyber attack (unknown) Hackers breach Israeli insurance company Shirbit (unknown) Jewellers Stuller (..)
And once a soft target is identified, hackers tend to do campaigns by industry, or organization types.” Eventually, governments will address the risk by beefing up security and purchasing cyber insurance, which go hand in glove. Ransomware attacks against local government entities at some point will run its course.
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