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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., Once discovered the security breach, Geico secured the website and launched an investigation into the incident to determine the root cause.
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. Bloomberg was informed about the payment by two people familiar with the attack.
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. Gallagher & Co. ” continues the form.
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.
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 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.”
Data Security Posture Management (DSPM) helps organizations address evolving data security and privacy requirements by protecting and managing sensitive information. To add to the difficulty, the advent of Generative AI (GenAI) has brought unprecedented security and privacy risks. What is Data Security Posture Management?
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.
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.
The company disclosed a data breach that exposed personal information and medical information of more than 900,000 individuals. The company discovered the security breach on May 12 and promptly began investigating into the incident. ” reads the Notice of Data Security Incident. . concludes the notice.
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.
The alert provides Tactics, Techniques, and Procedures (TTPs) and Indicators of Compromise (IOCs) obtained from law enforcement investigations and reports from third-party security firms. reads the CSA. According to the experts, the ransomware gang has infected over 329 victims, including ABB , Capita , Dish Network , and Rheinmetall.
Every week the best security articles from Security Affairs free for you in your email box. The post Security Affairs newsletter Round 284 appeared first on Security Affairs. A new round of the weekly SecurityAffairs newsletter arrived! Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->.
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.
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.
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.
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. Pierluigi Paganini.
Immediately after discovering the security breach, the company started the investigation with the help of a cybersecurity forensic firm. “Through this investigation, we found evidence that a cybercriminal may have obtained a copy of certain files containing your personal information.
WestRock did not share details about the security incident, it only confirmed that its staff discovered the attack on January 23. On Friday the company provided an update on the security incident while it is working on restoring impacted systems. ” WestRock confirmed that it has cyber insurance business interruption insurance.
Every week the best security articles from Security Affairs are free for you in your email box. Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4 A new round of the weekly SecurityAffairs newsletter arrived!
The threat actor systematically utilized software distributed by security vendors to sideload ShadowPad and PlugX variants.” The attackers focused on the hijacking of programs belonging to security vendors, including Symantec, TrendMicro, BitDefender, McAfee and Kaspersky. .”Once Pierluigi Paganini.
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
Cloud Security Challenges However, adopting cloud computing significantly expanded the attack surface for businesses, effectively dissolving the traditional network perimeter. This shift introduced new vulnerabilities, and conventional security measures designed to protect a well-defined, centralized perimeter were no longer enough.
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?
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
Every week the best security articles from Security Affairs free for you in your email box. If you want to receive the weekly Security Affairs Newsletter for free subscribe here. The post Security Affairs newsletter Round 311 appeared first on Security Affairs. Follow me on Twitter: @securityaffairs and Facebook.
Every week the best security articles from Security Affairs are free for you 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.
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.
The insurance company Prudential Financial confirmed that the data breach it suffered in February 2024 affected over 2.5 The company did not share details of the cyber attack, however, the Alphv/BlackCat ransomware gang claimed responsibility for the security breach. Prudential Financial confirmed that more than 2.5
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.
A new round of the weekly Security Affairs newsletter arrived! Every week the best security articles from Security Affairs for free in your email box. The post Security Affairs newsletter Round 375 by Pierluigi Paganini appeared first on Security Affairs. Follow me on Twitter: @securityaffairs and Facebook.
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. What was leaked? Drug prescription listings).
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.
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.
Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! If you want to also receive for free the newsletter with the international press subscribe here.
The rule was approved by the Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency. banking regulators order banks to notify cybersecurity incidents in 36 hours appeared first on Security Affairs. The rule aims at forcing banks to quickly respond to cybersecurity incidents. The post U.S.
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.
An investigation completed on February 18, 2025, confirmed that threat actors accessed personal information. “PSEA experienced a security incident on or about July 6, 2024 that impacted our network environment. On September 9, 2024, the Rhysida ransomware group claimed responsibility for the security breach.
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.
But one aspect of that vaunted list that hasn’t shifted much since is that very few of these companies list any security professionals within their top executive ranks. But organizations that do not offer this coverage to their security leaders are unlikely to list those positions in their highest ranks, Schreider said.
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