Security Affairs

JUNE 10, 2021

Insurance companies around the world are now suffering from phishing. Over the past year, an average of over 100 phishing websites were created per insurer. In 2020, a multi-stage scam called Rabbit Hole targeted companies’ brands, primarily retail and online services.

Phishing 327

Phishing Retail Insurance Risk 327

Security Affairs

MAY 12, 2024

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. Most of the victims are in the manufacturing, engineering and construction, and retail sectors. ” reads the CSA. The average ransom payment was $1.2

Ransomware 356

Ransomware Blockchain Retail Insurance 356

Security Affairs

JANUARY 17, 2022

.” The CPU will address critical vulnerabilities in Oracle Essbase, Graph Server and Client, Secure Backup, Communications Applications, Communications, Construction and Engineering, Enterprise Manager, Financial Services Applications, Fusion Middleware, Insurance Applications, PeopleSoft, Support Tools, and Utilities Applications.

Communications 309

Communications Financial Services Big data Retail 309

Security Affairs

JANUARY 7, 2024

Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4 Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Artificial Intelligence 309

Artificial Intelligence Security Data breaches Ransomware 309

Security Affairs

AUGUST 25, 2021

The group focuses on organizations in the insurance, retail, technology, and chemical industries in the U.S., The group has been active since 2016, it leverages known malware such as PUNCHTRACK and BADHATCH to infect PoS systems and steal payment card data. Canada, South Africa, Puerto Rico, Panama, and Italy.

Retail 338

Retail Insurance Cybersecurity Phishing 338

Security Affairs

JANUARY 19, 2024

The incident interrupted retail store inventory replenishment and delayed order fulfillment. “VF will be seeking reimbursement of costs, expenses and losses stemming from the cyber incident by submitting claims to VF’s cybersecurity insurers. VF Corp also added that it has found no evidence that customer passwords were stolen.

Data breaches 338

Data breaches Passwords Retail Insurance 338

Security Affairs

SEPTEMBER 1, 2020

.” PIONEER KITTEN hackers to date have focused their attacks against entities in North American and Israeli, while targeted sectors include technology, government, defense, healthcare, aviation, media, academic, engineering, consulting and professional services, chemical, manufacturing, financial services, insurance, and retail. .

Access 323

Access Financial Services Retail Insurance 323

Security Affairs

DECEMBER 1, 2023

A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. ” Most of the victims are in the manufacturing, engineering and construction, and retail sectors. The average ransom payment was $1.2 61,9% of the victims are in the US, 15.8%

Ransomware 308

Ransomware Blockchain Retail Insurance 308

Krebs on Security

MARCH 26, 2020

Cybersecurity experts say the raid included the charging of a major carding kingpin thought to be tied to dozens of carding shops and to some of the bigger data breaches targeting western retailers over the past decade. Flint is among the biggest players in the crowded underground market for stolen credit card data, according to a U.S.

Retail 326

Retail Insurance Cybersecurity Data breaches 326

Security Affairs

OCTOBER 1, 2019

million of expected insurance coverage. “A little less than half of the estimated lost sales relates to our retail business where a significant number of clinics have been unable to service end-users in a regular fashion.

Ransomware 254

Ransomware Sales Retail Insurance 254

Data Breach Today

OCTOBER 20, 2022

Cyber extortionists who attacked Australian health insurer Medibank provided proof of their hack of medical data. Also, stolen data from Australian wine retailer Vinomofo was put up for sale on a Russian-language forum.

Data breaches 130

Data breaches Retail Insurance Sales 130

The Last Watchdog

JULY 13, 2023

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. For the insurance industry, working with clients to help them tackle these challenges is vital to ensuring businesses operate in as safe an environment as possible.

Risk 189

Risk Insurance Energy and Utilities Marketing 189

Hunton Privacy

JANUARY 27, 2023

On January 25, 2023, Hunton Andrews Kurth’s retail industry team released its annual Retail Industry in Review publication, which provides an overview of key issues and trends that impacted the retail sector in the past year, as well as a preview of relevant legal issues retailers can expect to arise in 2023.

Retail 61

Retail Insurance Cybersecurity Privacy 61

Security Affairs

AUGUST 28, 2019

TA505 hacking group has been active since 2014 focusing on Retail and banking sectors. and which used emails with subjects pertaining to finance or urgent concerns on insurance policies. The emails used in these campaigns used subjects pertaining to finance or urgent concerns on insurance policies.” XLS or VBA.DOC macros.”

e-Delivery 256

e-Delivery Insurance Retail Government 256

Schneier on Security

APRIL 12, 2018

Good article about how difficult it is to insure an organization against Internet attacks, and how expensive the insurance is. Companies like retailers, banks, and healthcare providers began seeking out cyberinsurance in the early 2000s, when states first passed data breach notification laws.

Insurance 61

Insurance Cybersecurity Data breaches Retail 61

CGI

NOVEMBER 10, 2016

The growing importance of dynamic pricing and rating in insurance. On June 20, 2016, CGI held a roundtable discussion on dynamic rating and pricing in the insurance industry that involved nearly all major Dutch insurers. This is in contrast to the traditional cost-plus approach to pricing in the insurance industry.

Insurance 69

Insurance Retail Sales Risk 69

Security Affairs

NOVEMBER 8, 2020

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. Luxottica Group S.p.A. Its best known brands are Ray-Ban, Persol, and Oakley.

Data breaches 217

Data breaches Insurance Retail Ransomware 217

Krebs on Security

JANUARY 19, 2022

was originally launched in 2010 with the goal of helping e-commerce sites validate the identities of customers who might be eligible for discounts at various retail establishments, such as veterans, teachers, students, nurses and first responders. -based ID.me These days, ID.me Some of the primary and secondary documents requested by ID.me.

Access 364

Access Insurance Authentication Government 364

Threatpost

NOVEMBER 12, 2021

Big-box behemoth retailer Costco is offering victims 12 months of credit monitoring, a $1 million insurance reimbursement policy and ID theft recovery services.

Retail 109

Retail Insurance 109

Krebs on Security

FEBRUARY 7, 2022

as a condition of receiving state or federal financial assistance, such as unemployment insurance, child tax credit payments, and pandemic assistance funds. In the face of COVID, dozens of states collectively lost tens of billions of dollars at the hands of identity thieves impersonating out-of-work Americans seeking unemployment insurance.

Access 253

Access Authentication Insurance Personal data 253

Security Affairs

APRIL 26, 2021

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.

Mining 248

Mining Retail Insurance Manufacturing 248

Krebs on Security

AUGUST 27, 2020

billion in new account fraud at banks and retailers throughout the United States, and roughly $64 million in tax refund fraud with the states and the IRS. But based on the records they did have, the government estimated that Ngo’s service enabled approximately $1.1 “But most people have probably never heard of him.”

Retail 347

Retail Government Access Insurance 347

OpenText Information Management

AUGUST 23, 2021

That’s definitely true in the retail banking sector. CX Index: What is it, and … The post Focus on customer experience to stand out from your retail banking competitors appeared first on OpenText Blogs. However, when that’s what everyone else in your industry is doing, there’s a lot less room to stand out.

Customer Experience 69

Customer Experience Retail Marketing IT 69

Security Affairs

AUGUST 13, 2020

Since then, it has conducted 26 targeted attacks on commercial organizations alone, including companies in the fields of construction , finance , consulting , retail , banking , insurance , law ,and travel. The APT group RedCurl, discovered by Group-IB Threat Intelligence experts, has been active since at least 2018.

Cloud 363

Cloud Phishing Analytics Access 363

Krebs on Security

APRIL 16, 2024

The answer may no longer be a mystery: KrebsOnSecurity found compelling clues suggesting the intrusion was carried out by the same Russian hacking crew that stole of millions of payment card records from big box retailers like Home Depot and Target in the years that followed.

Sales 298

Sales Retail Insurance IT 298

Data Matters

FEBRUARY 20, 2019

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance. Unlawful Discrimination.

Insurance 67

Insurance Financial Services Compliance Retail 67

Hunton Privacy

JANUARY 23, 2018

On January 18, 2018, Hunton & Williams LLP’s retail industry lawyers, composed of more than 100 lawyers across practices, released their annual Retail Year in Review publication.

Retail 42

Retail Blockchain Insurance Ransomware 42

Hunton Privacy

NOVEMBER 11, 2016

As reported on the Insurance Recovery blog , earlier this week, retailer Tesco Plc’s (“Tesco”) banking branch reported that £2.5 The loss, which is about half of what Tesco initially estimated, is still substantial and serves as a strong reminder that cyber-related losses are a real threat to retailers and other industries.

Insurance 45

Insurance Retail IT Cybersecurity 45

Security Affairs

NOVEMBER 29, 2019

The threat actor mainly targets insurance, consulting, and construction companies. In the past year, cybersecurity specialists detected four new POS Trojans, used mainly in attacks on retailers in the United States. The largest bank card data leaks are related to compromises of US retailers. million to 43.8

IT 309

IT Military Cybersecurity Phishing 309

IT Governance

DECEMBER 5, 2023

Source (New) Professional services USA Yes Unknown Thillens Source (New) Finance USA Yes Unknown Elston-Nationwide Carriers Source (New) Transport USA Yes Unknown American Insulated Glass Source (New) Retail USA Yes Unknown MooreCo Inc. Source 1 ; source 2 (New) Healthcare USA Unknown 598 Comprehensive Auto Resource, Inc.

Data Privacy 100

Data Privacy Privacy Manufacturing Security 100

Hunton Privacy

OCTOBER 14, 2019

From physical threats to cyber attacks targeting a wide range of critical infrastructure, companies in diverse sectors, such as the financial, retail, entertainment, energy, transportation, real estate, communications and other areas, face a challenging landscape of risks and potential liabilities. Join us on October 28, 2019, at 12:00 p.m.

Insurance 49

Insurance Security Retail Risk 49

Hunton Privacy

NOVEMBER 6, 2014

Hunton & Williams Insurance Litigation & Counseling partner Lon Berk reports: As the demand for cyber insurance has skyrocketed, so too has the cost. New payment technologies, however, will change the need for this type of cyber insurance. As these payment technologies become prevalent in the U.S.,

Insurance 40

Insurance Retail Sales Risk 40

Adam Levin

APRIL 10, 2019

The analysis was conducted by the Aite Group, which looked at mobile apps in eight categories: retail banking, credit cards, mobile payment, healthcare savings, retail finance, health insurance, auto insurance and cryptocurrency.

Retail 74

Retail Security Insurance Encryption 74

IT Governance

DECEMBER 11, 2023

Source (New) Transport USA Yes 129,611 Tcman Source (New) Manufacturing Spain Yes 108 GB (179 files) Compass Group Italia Source (New) Hospitality Italy Yes 107 GB Pan-American Life Insurance Group, Inc. Incorporated Source (Update) Insurance USA Yes 7,361 Advantis Global, Inc. and Robert W. Baird & Co.

Data Privacy 97

Data Privacy Energy and Utilities Privacy Manufacturing 97

IT Governance

NOVEMBER 7, 2022

Elsewhere, we assess data breaches at a cancer research facility and the US retailer Bed Bath & Beyond. As a result, the personal data of 244,850 patients was compromised – which likely includes patients’ names and numbers, but protected health information such as dates of birth and health insurance numbers might also be affected.

Phishing 118

Phishing Retail Data breaches Insurance 118

Krebs on Security

DECEMBER 18, 2018

“Marketing and digital strategy roles drive top line revenue for firms—the latter is particularly important in retail and banking businesses as so much commerce moves online,” Conroy said. Source: Accenture.

Security 256

Security Marketing Cybersecurity Data breaches 256

Information Management Resources

JANUARY 8, 2020

Richard White joins the insurer from the Federal Reserve Bank of N.Y.

Retail 49

Retail Insurance 49