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The Postal Police has issued an alert to warn citizens against insurance scams using QR codes. In practice, fake insurance operators contact victims through calls, messages, or sponsorships on social networks, offering policies at advantageous prices. Online companies do not use generic domains or channels such as WhatsApp or Telegram.
Car insurance provider Geico has suffered a data breach, attackers have stolen the driver’s licenses for policyholders for several weeks. Geico, the second-largest auto insurer in the U.S., We have reason to believe that this information could be used to fraudulently apply for unemployment benefits in your name.”
Insurance giant CNA notifies customers of a data breach after the Phoenix CryptoLocker ransomware attack suffered in March. US insurance giant CNA is notifying customers of a data breach after the ransomware attack that it suffered in March. Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini.
Also: Debating the Issue of Banning Ransom Payments In this week's panel discussion, four editors at InformationSecurity Media Group discuss cyber insurance, persistent ransomware attacks and whether ransom payments should be banned.
Gallagher (AJG) insurance giant disclosed a ransomware attack, the security breach took place on Saturday. Gallagher (AJG) global insurance brokerage firm confirmed that it was his with a ransomware attack on Saturday, September 26. US-based Arthur J. US-based Arthur J. Pierluigi Paganini. SecurityAffairs – hacking, AJG).
Merck has resolved a dispute with insurers regarding a $1.4 Merck and its insurers have agreed with a $1.4 billion insurance claim for the losses caused by the NotPetya attack that took place in 2017. Merck had not taken out specific insurance to cover cyber attacks, it only had insurance coverage against general risks.
The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July. Pierluigi Paganini.
” The figure is alarming: the 2024 cyberattack on the insurance giant exposed the private data of over half the U.S. According to the Associated Press, UnitedHealth booked $1.1 billion in total costs from the cyberattack in the second quarter. The final figure represents well over half of the U.S. population.”
When security fails, cyber insurance can become crucial for ensuring continuity. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance. If the technology were to become unavailable, the resulting business impact could be mitigated with cyber insurance.
Non-profit health insurer Point32Health suffered a ransomware attack and has taken systems offline in response to the incident. Non-profit health insurer Point32Health has taken systems offline in response to a ransomware attack that took place on April 17. ” reads the statement published by the insurer.
Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. For those who have cyber insurance against ransomware attacks. That way you would have avoided a leak and decrypted your information. Very important! reads the ransom note.
According to the Associated Press, UnitedHealth booked $1.1 billion in total costs from the cyberattack in the second quarter. In early March, the Alphv/BlackCat ransomware gang claimed responsibility for the attack and added the company to its Tor leak site.
SEC: Executives Left in Dark About Vulnerability in File-Sharing System Title insurance company First American Financial Corp. Informationsecurity staff members were aware of the vulnerability in the company's EaglePro document-sharing system for five months but failed to fix it, the SEC reports.
DSPM also provides visibility of security and privacy posture, alerting potential gaps. Health Insurance Portability and Accountability Act (HIPAA) HIPAA is a compliance framework designed to protect patients’ health information in the United States.
In December 2023, Elliptic and Corvus Insurance published a joint research that revealed the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. reads the CSA. According to the experts, the ransomware gang has infected over 329 victims, including ABB , Capita , Dish Network , and Rheinmetall.
The university notified appropriate law enforcement entities, and the university’s InformationSecurity Office (ISO) investigated and resolved the incident in consultation with an external firm that specializes in responding to ransomware attacks.” ” reads a press release published by the University.
Informationsecurity management is a way of protecting an organisation’s sensitive data from threats and vulnerabilities. The process is typically embedded via an ISMS (informationsecurity management system) , which provides the framework for managing informationsecurity.
. “While ConnectOnCall is not aware of any misuse of personal information or harm to patients as a result of this incident, potentially impacted individuals are encouraged to remain vigilant and report any suspected identity theft or fraud to your health plan or insurer, or financial institution.”
One of the most common ways to mitigate the risk of a cyber security incident is cyber insurance. These activities aren’t typically included in standard business insurance policies, which tend to only cover costs related to technical issues, such as corrupted hard drives and lost devices. The benefits of cyber insurance.
WestRock is also working with its vendors so they are informed, and supply chains remain operational.” ” WestRock confirmed that it has cyber insurance business interruption insurance. The Company maintains a variety of insurance policies, including cyber insurance and business interruption insurance.
According to the notice published by the company, WebTPA acts as an administrative services provider to certain benefit plans and insurance companies whose information was impacted in this incident. “The investigation concluded that the unauthorized actor may have obtained personal information between April 18 and April 23, 2023.”
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.
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.
The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.
Experts found a DB containing sensitive health insurance data belonging to customers of US insurance giant Humana. An SQL database containing what appears to be highly sensitive health insurance data of more than 6,000 patients has been leaked on a popular hacker forum. Drug prescription listings).
Hudson Researchers reported that on December 20th, a hacker using the moniker ‘irleaks’ announced the availability for sale of over 160,000,000 records allegedly stolen from 23 leading insurance companies in Iran. It is still unclear how the hackers targeted so many insurance companies at the same time.
The insurance company Prudential Financial confirmed that the data breach it suffered in February 2024 affected over 2.5 Prudential Financial confirmed that more than 2.5 million individuals were affected by the data breach it suffered in February 2024. million individuals.
Our online security team has uncovered a massive data breach originating from a misconfigured Amazon Bucket, which was operated by a Turkish Legal advising company, INOVA YÖNETIM & AKTÜERYAL DANI?MANLIK. Inova is an actuarial consultancy company, which means they compile statistical analysis and calculate insurance risks and premiums.
” The company added that it did not record any insurance proceeds in the three and six months ending on December 31, 2023, associated with the cyberattack. The recognition of insurance recoveries, if applicable, may not align with the timing of recognizing the associated expenses.
Compromised data exposed personal and Medicare information of the individuals, including name, date of birth, address, Medicare Health Insurance Claim Number (which contains a Social Security number associated with a member) and some medical information and/or health insuranceinformation.
The rule was approved by the Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency. Major cybersecurity incidents are attacks that impact operations of the victims or the stability of the US financial sector. The rule aims at forcing banks to quickly respond to cybersecurity incidents.
Apple addresses four vulnerabilities in macOS Google removes 17 Joker -infected apps from the Play Store Microsoft took down 18 Azure AD apps used by Chinese Gadolinium APT Mount Locker ransomware operators demand multi-million dollar ransoms Putin proposes new informationsecurity collaboration to US, including no-hack pact for election REvil ransomware (..)
“Suspicious activity should be promptly reported to relevant parties including an insurance company, health care provider, and/or financial institution.” Long Island Select Healthcare, Mid Florida Hematology & Oncology Centers, P.A, ” reads a notice published by the company on its website. ” concludes the notice.
The man is responsible for the cyber attacks that in 2022 hit the Australian insurance provider Medibank. Medibank is one of the largest Australian private health insurance providers with approximately 3.9 “ In November 2022, Medibank announced that personal data belonging to around 9.7M million customers.
The chief executive of insurance giant Zurich warns that cyber attacks, rather than natural catastrophes, will become uninsurable. Mario Greco, chief executive of insurer giant Zurich, has warned that cyber attacks will become soon “uninsurable.”. What will become uninsurable is going to be cyber,” Mario Greco told the Financial Times.
Finally the insurer for Joplin paid $320,000 to threat actors. While investigation into the security breach is still ongoing, the insurer for the City opted to pay a $320,00 ransom to avoid that the leak of the stolen info, Joplin City Manager Nick Edwards confirmed this week.
“As per our researchers, this data leak includes the company’s cyber insurance documents, various contract calculations worksheets, NASA give review rules, and much more.” . “Just like previous data leaks, the Cyble Research Team has also identified and verified this data leak.”
Researchers at cybernews.com recently uncovered an unsecured Amazon Simple Storage Service (S3) bucket that contains more than 36,000 documents, including scans of passports, credit cards, and health insurance cards. What data is in the bucket? At the time of discovery, the data bucket contained 7,515 PDF and 25,895 JPG files.
The Pennsylvania State Education Association promptly launched an investigation into the security breach with the help of cybersecurity experts. The company started notifying potentially impacted individuals.
Bitmarck, one of the largest IT service providers for social insurance carriers in Germany, announced yesterday that it has suffered a cyber attack. “We very much regret the inconvenience caused to our customers, service providers and insured persons and are working to restore the systems as quickly as possible.”
It was through this process, which concluded on October 10, 2023, that McLaren determined that information pertaining to certain individuals may have been included in the potentially impacted files.” Following the cyber attack, McLaren Health Care launched an investigation into the incident.
Hutcheson allegedly provided irrelevant documents, such as health insurance and auto insurance policies, along with pages from sheriff training manuals, as evidence of authorization to access the data.
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