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Operators Behind Valak Malware Expand Malicious Campaign

Data Breach Today

Financial, Manufacturing, Healthcare and Insurance Firms Victimized The operators behind the Valak malware strain have expanded their malicious campaigns to other parts of the world, targeting financial, manufacturing, healthcare and insurance firms, according to Cisco Talos.

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Hackers Breached Virginia Bank Twice in Eight Months, Stole $2.4M

Krebs on Security

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.

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CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity

IT Governance

According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. As a direct result of that blockage, oil couldn’t reach its destination, manufacturers couldn’t get crucial parts, and so on. Then there’s insurance. of its share price.

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Texas Sues GM for Collecting Driving Data without Consent

Schneier on Security

The suit said those two companies then sold these scores to insurance companies. Insurance companies can use data to see how many times people exceeded a speed limit or obeyed other traffic laws. Some insurance firms ask customers if they want to voluntarily opt-in to such programs, promising lower rates for safer drivers.

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Senior Executives Beware: The Rise of EvilProxy Phishing Campaigns

KnowBe4

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.

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Security Blueprints of Many Companies Leaked in Hack of Swedish Firm Gunnebo

Krebs on Security

In the video, the REvil representative stated that the most desirable targets for the group were agriculture companies, manufacturers, insurance firms, and law firms. The REvil actor claimed that on average roughly one in three of its victims agrees to pay an extortion fee.

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Phishing Campaign Targets 200M Microsoft 365 Accounts

Dark Reading

A well-organized email spoofing campaign has been seen targeting financial services, insurance, healthcare, manufacturing, utilities, and telecom.

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