Javvad Malik

FEBRUARY 27, 2023

According to a German study, lightning strikes accounted for 80% of wind turbine insurance claims. The German electric power company Energieerzeugungswerke Helgoland GmbH shut down and dismantled their Helgoland Island wind power plant after being denied insurance against further lightning losses.

Insurance 140

Insurance Social Engineering Manufacturing Cybercrime 140

Malwarebytes

OCTOBER 11, 2023

The Philippine Health Insurance Corporation (PhilHealth), has confirmed that it was unprotected by antivirus software when it was attacked by the Medusa ransomware group in September. PhilHealth is the government owned and controlled corporation that provides universal health coverage in the Philippines. It was attacked on September 22, 2023.

Antivirus 118

Antivirus Insurance Ransomware Healthcare 118

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.

Cyber Risk 189

Cyber Risk Risk Insurance Energy and Utilities 189

CyberSecurity Insiders

FEBRUARY 17, 2023

FYI, the company was acquired by Aviva Insurance in the year 2022 and has over 19 offices across UK and is estimated to be £10 billion worth in assets. The details of over 14,000 employees were sent to 100s of NHS Managers and 24 external accounts creating a possibility of identity thefts and social engineering attacks such as phishing.

Cyber Attacks 129

Cyber Attacks Identity Theft Insurance Social Engineering 129

Security Boulevard

MARCH 20, 2025

The surge was fueled by ChatGPT, Microsoft Copilot, Grammarly, and other generative AI tools, which accounted for the majority of AI-related traffic from known applications. Figure 1: Top AI applications by transaction volume Enterprises blocked a large proportion of AI transactions: 59.9%

Social Engineering 76

Social Engineering Phishing Risk Insurance 76

The Last Watchdog

MARCH 20, 2023

Related: How Google, Facebook enable snooping In fact, a majority of scams occur through social engineering. The rise of social media has added to the many user-friendly digital tools scammers, sextortionists, and hackers can leverage in order to manipulate their victims.

Media 214

Media Identity Theft Internet Internet 214

Security Boulevard

JANUARY 15, 2025

Dont Mess With Texas Privacy: We will hold all these companies accountable, rants state attorney general Ken Paxton (pictured). The post Allstate Violates Drivers Privacy, Texas AG Alleges appeared first on Security Boulevard.

Accountability 97

Accountability Insurance Social Engineering Spyware 97

Security Affairs

OCTOBER 30, 2018

According to the Girl Scouts of Orange County, an unknown threat actor gained access to an email account operated by the organization and used it to send messages. The account was compromised from Sept. “Out of an abundance of caution, we are notifying everyone whose information was in this email account,” Salcido added.

Data breaches 107

Data breaches Social Engineering Advertising Insurance 107

Security Affairs

FEBRUARY 8, 2024

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Generative AI Impact : Generative AI will have a big role in cyber security, especially in areas like email protection and fighting social engineering attacks. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45

Social Engineering 142

Social Engineering Cyber Attacks Cyber Insurance IoT 142

The Last Watchdog

AUGUST 19, 2021

Compromising that could make other unrelated accounts vulnerable. Account takeovers can be used to steal money at its very root; and fraudsters can also use this to access loyalty accounts for airlines, hotels, etc., as well as insurance and merchant accounts, to commit insurance fraud and wire fraud.

Mobile 235

Mobile Data breaches Authentication Accountability 235

The Last Watchdog

DECEMBER 12, 2023

Camellia Chan , Co-Founder and CEO, Flexxon Chan In a single month, major breaches hit MGM, DP World Australia, Philippine Health Insurance – just to name a few. S ameer Malhotra , CEO, TrueFort : Malhotra Software supply chain attacks will continue to place more responsibility and accountability on DevSecOps teams.

Cybersecurity 258

Cybersecurity Social Engineering Cyber threats Software 258

Security Affairs

SEPTEMBER 15, 2022

Threat actors used employees’ publicly-available Personally Identifiable Information (PII) and social engineering techniques to impersonate victims and obtain access to files, healthcare portals, payment information, and websites. million payments. ” reads the alert. The attacker stole $3.1 million with this attack.

Healthcare 98

Healthcare Social Engineering Accountability Passwords 98

Krebs on Security

DECEMBER 29, 2022

Internal Revenue Service website for months: Anyone seeking to create an account to view their tax records online would soon be required to provide biometric data to a private company in Virginia — ID.me. banks are stiffing account takeover victims. A single bitcoin is trading at around $45,000. A report commissioned by Sen.

Cryptocurrency 294

Cryptocurrency Cybercrime Computers and Electronics Scams 294

Security Affairs

SEPTEMBER 8, 2024

Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press. Head Mare hacktivist group targets Russia and Belarus Zyxel fixed critical OS command injection flaw in multiple routers VMware fixed a code execution flaw in Fusion hypervisor U.S.

Data breaches 123

Data breaches Artificial Intelligence Social Engineering Hacking 123

The Last Watchdog

DECEMBER 3, 2018

I have a Yahoo email account, I’ve shopped at Home Depot and Target , my father was in the military and had a security clearance, which included a dossier on his family, archived at the U.S. Office of Personnel Management , I’ve had insurance coverage from Premera Blue Cross and I’ve stayed at the Marriott Marquis in San Francisco.

Hacking 157

Hacking eCommerce Authentication Social Engineering 157

Malwarebytes

MARCH 18, 2022

Recently, a fake Instagram email successfully bypassed Google’s email filters and made it into hundreds of employee inboxes used by a prominent US life insurance company based in New York. The scammers then push the recipient to verify their “membership” within 24 hours else their Instagram account will be deleted.

Phishing 133

Phishing Scams Insurance Accountability 133

eSecurity Planet

SEPTEMBER 14, 2022

To this end, some impressive technology has been created to combat the technological side of the issue, to keep hackers and similar bad actors from accessing data and account privileges they shouldn’t. Finance and insurance finished a close second at 22.4%. Social Tactics. of cyber attacks IBM handled. Technological tactics.

Social Engineering 121

Social Engineering Energy and Utilities Phishing Internet 121

Security Affairs

FEBRUARY 26, 2021

Inova is an actuarial consultancy company, which means they compile statistical analysis and calculate insurance risks and premiums. Document sent to the insurance company by the victim’s lawyer. Inova has been operating since 2012 and has handled thousands of cases since then. Sketch of the accident from the police report.

Data breaches 123

Data breaches Insurance Identity Theft Education 123

SecureList

NOVEMBER 28, 2022

In the EU, lawmakers are working on the Data Act , meant to further protect sensitive data, as well as a comprehensive AI legal strategy that might put a curb on a range of invasive machine-learning technologies and require greater accountability and transparency. Desperate to stop data leaks, people will insure against them.

Insurance 136

Insurance Social Engineering IoT Data breaches 136

Digital Shadows

OCTOBER 14, 2024

Together, they use native English speakers to execute sophisticated social engineering operations, contributing significantly to their newfound dominance. To counter these methods, organizations should prioritize educating users on phishing and social engineering techniques. compared to Q3 2023.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

Security Boulevard

MAY 12, 2022

Even with the advancements in network isolation, containment, and prevention at the endpoint, hackers will still bypass predictive controls to execute malware attacks, ransomware exploits, account takeovers.etc. The Role Of Cybersecurity Insurance In A Predictive Security. What Is Not Covered Under Cyber Insurance?

Cyber Insurance 106

Cyber Insurance Insurance Marketing Firewall 106

Identity IQ

OCTOBER 9, 2022

Sadly, there are many ways scammers and hackers can source their victims’ email addresses, including buying them from data providers or the dark web , email harvesting, social engineering, fake websites or social media. What are the signs your email account has got hacked? Scammers Can Access Your Online Accounts.

Identity Theft 111

Identity Theft Passwords Accountability Media 111

Duo's Security Blog

MAY 23, 2023

Compromised or stolen credentials is the second most common type of cybersecurity incident accounting for 27% of reported breaches, according to the Office of the Australian Information Commissioner (OAIC). What some people miss, however, is that corporate-mandated authenticators can and should also be enabled for personal accounts.

Authentication 144

Authentication Passwords Data breaches Phishing 144

Responsible Cyber

NOVEMBER 17, 2024

The attackers used a password spray attack to compromise a legacy test tenant account, gaining access to corporate email accounts of senior leadership and cybersecurity teams. 60% of providers reported ongoing challenges with insurance coverage verification, while 86% experienced disruptions in claim submissions.

Data breaches 98

Data breaches Healthcare Social Engineering Financial Services 98

Adam Levin

MARCH 16, 2020

billion, or roughly half, of the total losses in 2019 were attributed to generic email account compromise (EAC) complaints. Taking into account unknowables, we’re talking about a ballpark cost of roughly $75,000 per BEC-related complaint. The new direct deposit information generally routes to a pre-paid card account.”

Scams 130

Scams Identity Theft Phishing Accountability 130

Identity IQ

JUNE 30, 2023

Be sure to request that they close or freeze the account you have with them to prevent any new charges and change your passwords and PINs for all accounts. If you create an account on the FTC website, it will update the recovery plan as needed, track progress, and assist with any forms or letters when necessary.

Identity Theft 98

Identity Theft Accountability Insurance Passwords 98

SecureWorld News

JULY 13, 2023

A prime example is the healthcare sector, where the Health Insurance Portability and Accountability Act (HIPAA) mandates encryption to protect patient health information. Google reported that enabling 2FA on user accounts helped prevent 100% of automated bot attacks.

Cybersecurity 98

Cybersecurity Data breaches Social Engineering Encryption 98

Centraleyes

MARCH 13, 2025

The New York Department of Financial Services (NYDFS) Cybersecurity Regulation, officially known as 23 NYCRR Part 500, is a forward-thinking framework designed to protect consumers sensitive data while holding businesses accountable for their cybersecurity practices. This plan is your playbook for staying calm under pressure.

Cybersecurity 52

Cybersecurity Financial Services Risk Encryption 52

SecureWorld News

JANUARY 4, 2022

The stolen data can be bought and sold on the Dark Web, and in some cases it could be years after an incident that an individual's information is used for a social engineering attack or financial fraud. For more information, you can see the data breach notification from Broward Health.

Data breaches 97

Data breaches Healthcare Identity Theft Social Engineering 97

SecureList

JUNE 26, 2023

According to a report by the Barracuda cybersecurity company, in 2021, businesses with fewer than 100 employees experienced far more social engineering attacks than larger ones. On the phishing page that claims to offer personal banking services, they ask users to log in with their corporate banking account credentials.

Cybercrime 123

Cybercrime Phishing Banking Malware 123

Security Affairs

AUGUST 16, 2023

Other top 4 targeted industries include Manufacturing, Insurance, Technology, and Financial Services seeing 15%, 9%, 7%, and 6% of the campaign traffic respectively.” The content of the message attempt to trick the recipient into scanning the code to verify their account. ” continues the report.

Phishing 98

Phishing Energy and Utilities Insurance Manufacturing 98

Digital Shadows

JANUARY 14, 2025

To gain access to internal networks, Akira targeted local accounts with disabled multifactor authentication (MFA) and SonicOS firmware versions vulnerable to exploitation, often exposed to the internet for virtual private network (VPN) access.

Ransomware 126

Ransomware Social Engineering Phishing VPN 126

Digital Shadows

NOVEMBER 26, 2024

Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. Cloud services alerts increased by 20% due to rising cloud account usage, while malicious file alerts in phishing attacks remain high, exploiting users’ tendencies to open files.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

SecureList

JANUARY 25, 2024

We expected organizations to try to reduce the impact of the human factor on data security, so as to bring down the number of insider threats and social engineering attacks. Interestingly, metaverses are gaining traction in social and political spheres, illustrated by a Columbian court conducting its first trial in the metaverse.

Passwords 126

Passwords Authentication Technology Insurance 126

eSecurity Planet

JUNE 7, 2022

It needs to be maintained for various types of cyber threats like Ransomware, Malware, Social Engineering, and Phishing. Businesses have to comply with legal, insurance, and industry regulations for data storage, management, and transmission. are the different parts of cybersecurity. The benefits of cybersecurity software.

Cybersecurity 127

Cybersecurity Identity Theft Encryption Antivirus 127

SecureWorld News

MAY 22, 2023

It was an old-school use of mirrored websites and social engineering to get USPS employees to enter their information into a fraudulent website. Multi-factor authentication would have likely prevented most, if not all, of these paychecks from being rerouted by preventing the attacker from logging into the employee account.

Scams 98

Scams Password Management Passwords Authentication 98

Security Through Education

APRIL 7, 2021

Social Security number. Personal health information, including Medicare and/or private health insurance information. Bad actors can then use this information for future medical insurance or identity theft schemes. They are trying to steal your personal and health insurance information. Written by Social-Engineer.

Scams 92

Scams Computers and Electronics Insurance Social Engineering 92