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Healthcare giant Magellan Health discloses data breach after ransomware attack

Security Affairs

Magellan Health, a for-profit managed health care and insurance firm, was the victim of a ransomware attack. is an American for-profit managed health care company, its customers include health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators.

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Colonial Pipeline discloses data breach after May ransomware attack

Security Affairs

. “Total number of persons affected (including residents): 5,810” Exposed data includes names, birth dates, contact information, driver’s license information, Social Security numbers, government-issued ID (such as military ID and tax ID), and health-related information (including health insurance information).

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China-linked Moshen Dragon abuses security software to sideload malware

Security Affairs

RedFoxtrot has been active since at least 2014 and focused on gathering military intelligence from neighboring countries, it is suspected to work under the PLA China-linked Unit 69010. Experts observed overlap between the TTPs of the Moshen Dragon group with the ones of the Chinese Nomad Panda (aka RedFoxtrot).

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'Act of War' Clause Could Nix Cyber Insurance Payouts

Dark Reading

The indictment of six members of the Russian military for the NotPetya ransomware attack places companies on notice that insurance "is not a get-out-of-jail-free card."

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Cybersecurity Insurance Not Paying for NotPetya Losses

Schneier on Security

This will complicate things: To complicate matters, having cyber insurance might not cover everyone's losses. Zurich American Insurance Company refused to pay out a $100 million claim from Mondelez, saying that since the U.S.

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Maze Ransomware gang breached the US chipmaker MaxLinear

Security Affairs

“We carry cybersecurity insurance, subject to applicable deductibles and policy limits. Although we have incurred and will incur incremental costs as a result of forensic investigation and remediation, we do not currently expect that the incident will materially or adversely affect our operating expenses.”

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Security Affairs newsletter Round 408 by Pierluigi Paganini

Security Affairs

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