Security Affairs

JANUARY 26, 2025

On February 21, a cyber attack disrupted IT operation of the healthcare organization, and more than 100 Change Healthcare applications were impacted. In early March, the Alphv/BlackCat ransomware gang claimed responsibility for the attack and added the company to its Tor leak site. population.”

Healthcare 128

Healthcare Data breaches Insurance Cybercrime 128

Security Affairs

DECEMBER 8, 2024

Anna Jaques Hospital revealed thatthe ransomware attack it suffered last year has exposed sensitive health data for over 316,000 patients. On December 25, 2023, a ransomware attack hit the Anna Jaques Hospital. The hospital revealed that the security breach exposed sensitive health data for over 316,000 patients.

Data breaches 116

Data breaches Insurance Healthcare Ransomware 116

Security Affairs

OCTOBER 25, 2024

On February 21, a cyber attack disrupted IT operation of the healthcare organization, more than 100 Change Healthcare applications were impacted. In early March, the Alphv/BlackCat ransomware gang claimed responsibility for the attack and added the company to its Tor leak site.

Data breaches 128

Data breaches Healthcare Cybercrime Insurance 128

CyberSecurity Insiders

FEBRUARY 16, 2021

The intelligence committee, funded by South Korea’s National Assembly, has revealed that a cyber attack launched on Pfizer at the end of last year was launched by North Korean hackers to steal the intelligence of vaccine research that was co-sponsored by BioNTech.

Cyber Attacks 144

Cyber Attacks Insurance Backups Encryption 144

IT Security Guru

FEBRUARY 28, 2023

Cyber insurers are losing money. Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

Cyber Insurance 131

Cyber Insurance Insurance Marketing Cyber Attacks 131

CyberSecurity Insiders

FEBRUARY 17, 2022

For all those companies who are planning to renew their cyber insurance policy or are in a procedure to take one, here’s a piece of information that might interest you. Most of the Cyber Insurance companies have excluded ‘Cyber War’ consequences from their policies. that’s insane….isn’t isn’t it? .

Cyber Insurance 120

Cyber Insurance Insurance Cyber Attacks Ransomware 120

CyberSecurity Insiders

AUGUST 26, 2022

Lloyd’s London, one of the largest insurance services providers in the world, has disclosed that it is making amendments to its cyber insurance laws that will come into effect from March 2023. All insurance companies exclude the risks inferred from war like situations.

Cyber Insurance 90

Cyber Insurance Insurance Cyber Attacks Risk 90

Joseph Steinberg

AUGUST 5, 2021

Understanding the difference between the two is also essential when seeking to obtain – and when acquiring – cyber-liability insurance. First-party cyber-liability risks refer to risks that directly endanger an organization. First-Party Risks And Coverage.

Insurance 141

Insurance Risk Data breaches Artificial Intelligence 141

SC Magazine

JUNE 28, 2021

The rise of the cyber insurance has largely failed to promote better cybersecurity practices among the industries they cover, according to a new report released Monday from British security think tank RUSI. Growing losses from ransomware attacks have…emphasized that the current reality is not sustainable for insurers either.

Cyber Insurance 136

Cyber Insurance Insurance Ransomware Marketing 136

The Hacker News

NOVEMBER 9, 2022

The rise in the costs of data breaches, ransomware, and other cyber attacks leads to rising cyber insurance premiums and more limited cyber insurance coverage. This cyber insurance situation increases risks for organizations struggling to find coverage or facing steep increases.

Cyber Insurance 102

Cyber Insurance Insurance Data breaches Cyber Attacks 102

Krebs on Security

OCTOBER 28, 2020

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. Five months later, Gunnebo disclosed it had suffered a cyber attack targeting its IT systems that forced the shutdown of internal servers.

Hacking 358

Hacking Ransomware Banking Accountability 358

SecureWorld News

APRIL 17, 2023

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Having cyber insurance can help ensure compliance with these requirements. Can companies live without cyber insurance?

Cyber Insurance 117

Cyber Insurance Insurance Risk CISO 117

Security Affairs

FEBRUARY 6, 2021

Packaging giant WestRock revealed this week that the recent ransomware attack impacted the company’s IT and operational technology (OT) systems. WestRock did not share details about the security incident, it only confirmed that its staff discovered the attack on January 23.

Ransomware 145

Ransomware Insurance Cyber Insurance Technology 145

CyberSecurity Insiders

SEPTEMBER 29, 2021

London based Giant Group has confirmed that its IT infrastructure was suffering repercussions gained through a cyber attack on September 24th,2021 and all its phone, email and other payroll related servers were facing digital disruption.

Cyber Attacks 128

Cyber Attacks Insurance DDOS Backups 128

Security Affairs

APRIL 30, 2019

Aluminum producer Norsk Hydro estimated the cost of the massive attack cyber attack targeting the company in March at around $50 million. Dollar losses due to the NotPetya ransomware massive attack. The news of the cyber attack had an immediate economic impact and caused a drop in the share price of 2.0

Cyber Attacks 108

Cyber Attacks Cyber Insurance Insurance Advertising 108

Security Affairs

DECEMBER 28, 2022

The chief executive of insurance giant Zurich warns that cyber attacks, rather than natural catastrophes, will become uninsurable. Mario Greco, chief executive of insurer giant Zurich, has warned that cyber attacks will become soon “uninsurable.”. These people can severely disrupt our lives.”

Cyber Attacks 98

Cyber Attacks Cyber Insurance Insurance Cyber Risk 98

CyberSecurity Insiders

JULY 26, 2022

Policybazaar, the Indian Insurance companies that offer an array of online services to users seeking health and car insurance were targeted by hackers leading to a data breach. Spinneys, a multi-national business chain, is confident that the Dubai e-police will nab the criminals soon to mitigate the threats associated with the attack.

Cyber Attacks 112

Cyber Attacks Insurance Data breaches Mobile 112

CyberSecurity Insiders

APRIL 27, 2021

Gyrodata that offers technology services to mining companies was hit by a ransomware cyberattack early this year. A statement released by the company states that the Gyrodata servers were hit by a file-encrypting malware spread by REvil ransomware group and a portion of data was accessed and stolen by the hacker/s. .

Cyber Attacks 92

Cyber Attacks Ransomware Insurance Cyber threats 92

Security Affairs

MAY 13, 2020

Magellan Health, a for-profit managed health care and insurance firm, was the victim of a ransomware attack. Magellan Health Inc announced it was the victim of a ransomware attack that took place on April 11, 2020, the company also confirmed that hackers have stolen personal information from one of its corporate servers.

Data breaches 144

Data breaches Healthcare Ransomware Identity Theft 144

Security Boulevard

JULY 17, 2021

The CNA ransomware attack that made the news in March this year has an extension to the story. The insurance giant revealed that the organization suffered a data breach following the ransomware attack. The post 75,000+ Customers Affected in CNA Ransomware Attack appeared first on Kratikal Blogs.

Ransomware 133

Ransomware Insurance Data breaches Cyber Attacks 133

The Last Watchdog

AUGUST 12, 2019

In the last year, the news media has been full of stories about vicious cyber breaches on municipal governments. From Atlanta to Baltimore to school districts in Louisiana, cyber criminals have launched a wave of ransomware attacks on governments across the country.

Cyber Attacks 147

Cyber Attacks Small Business Government Insurance 147

Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. Cyber has changed everything around us – even the way we tackle geopolitical crisis and conflicts. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance.

Cyber Insurance 100

Cyber Insurance Insurance Risk Technology 100

Security Affairs

AUGUST 10, 2024

A INC Ransom ransomware attack this week disrupted IT and phone systems at McLaren Health Care hospitals. On Tuesday, an INC Ransom ransomware attack hit the McLaren Health Care hospitals and disrupted their IT and phone systems. Following the cyber attack, McLaren Health Care launched an investigation into the incident.

Ransomware 132

Ransomware Insurance Data breaches Cyber Attacks 132

SecureWorld News

SEPTEMBER 10, 2020

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. The number one type of cyber incident so far this year is ransomware.

Cyber Insurance 66

Cyber Insurance Insurance Ransomware Cyber Attacks 66

CyberSecurity Insiders

NOVEMBER 13, 2022

Australian government has imposed a ban on ransom payments in cyber attack incidents as it fears that such payments can encourage crime affecting millions of populaces at a time. In case of ransomware, the victim is being asked to shell out millions to free up data.

Ransomware 130

Ransomware Insurance Cryptocurrency Cybercrime 130

Malwarebytes

JULY 10, 2022

Without cyber insurance , you can expect to pay a dizzying amount of cash. In 2022 alone, the average cost of a data breach for businesses under 1,000 employees was close to $3 million—and these costs are coming from activities that cyber insurers typically cover, such as detecting and responding to the breach.

Cyber Insurance 102

Cyber Insurance Insurance Data breaches Phishing 102

SecureWorld News

DECEMBER 4, 2023

Fidelity National Financial (FNF), one of the largest title insurance providers in the United States, announced on November 21 that it fell victim to a sophisticated cyberattack. The ransomware group BlackCat has claimed responsibility for the attack. FNF's claim of having 'contained' the attack by Nov.

Cyber Attacks 119

Cyber Attacks Insurance Ransomware Education 119

Security Boulevard

AUGUST 30, 2022

Lloyd's Backs Off Insurance for State-Sponsored Cyberattacks. Cyber related businesses are ‘evolving risk’. issued a market bulletin dated August 16, 2022 setting out new rules for standalone cyber-attack policies that would exclude coverage for damages from state-sponsored attacks. brooke.crothers. Gray areas.

Insurance 95

Insurance Cyber Attacks Government Marketing 95

Security Affairs

NOVEMBER 26, 2020

Ritzau, the biggest Danish news agency, was hit by a ransomware attack that brought it offline but refused to pay the ransom. Ritzau , the biggest Danish news agency, was hit by a ransomware attack that brought it offline. The cyber attack hit a quarter of Ritzau ’s 100 servers that have been damaged.

Ransomware 141

Ransomware Insurance Cyber Attacks Encryption 141

eSecurity Planet

OCTOBER 5, 2021

Spending money you hadn’t budgeted to hire experts to clean up an unexpected mess is at the bottom of every manager’s wish list, but in the case of a cyber attack as damaging as ransomware , turning incident response over to a pro may be the best thing you can do. Minimize downtime. Lack of expertise.

Ransomware 139

Ransomware Insurance Cyber Insurance Healthcare 139

SecureWorld News

DECEMBER 5, 2023

According to a report in The Register: "A ransomware infection at a cloud IT provider has disrupted services for 60 or so credit unions across the U.S., all of which were relying on the attacked vendor. The NCUA regulates and insures these financial orgs. 'I federal agency.

Cyber Attacks 117

Cyber Attacks Insurance Ransomware Cybersecurity 117

CyberSecurity Insiders

OCTOBER 6, 2022

Lloyd’s London, a leading insurance trader in the world, has apparently experienced cyber attack that is currently being deeply probed. The company issued a press statement that it has hired a cyber experts team to investigate the incident and those behind the attack.

Ransomware 125

Ransomware Cyber Attacks Insurance Encryption 125

Security Affairs

MAY 13, 2024

They have a range of market insurance products backed by international company, Allianz Group. Follow me on Twitter: @securityaffairs and Facebook and Mastodon Pierluigi Paganini ( SecurityAffairs – hacking, ransomware) Firstmac Limited, one of the largest non-bank lenders in Australia, disclosed a data breach.

Data breaches 128

Data breaches Cyber Attacks Identity Theft Banking 128

CyberSecurity Insiders

JUNE 3, 2022

Healthcare providers are opting to pay a ransom in the event of ransomware attacks, instead of recovering it from data backups. The State of Ransomware in Healthcare 2022 report is against what is being urged by the law enforcement agencies such as CISA and the FBI.

Healthcare 120

Healthcare Ransomware Insurance Backups 120

Duo's Security Blog

APRIL 25, 2022

For as long as organizations have existed to grow crops, move goods or produce items there have been insurance firms to help these markets survive cyclical events. Unsurprisingly, we are seeing more and more MFA requirements in cyber liability insurance policies as it has such a significant impact in reducing the chance of financial loss.

Insurance 115

Insurance Risk Marketing Authentication 115

IT Security Guru

JUNE 17, 2024

Reports suggest annual revenues from ransomware attacks are already in the tens of billions, while some predict ransomware damage costs will exceed $265 billion by 2031. Reports suggest annual revenues from ransomware attacks are already in the tens of billions, while some predict ransomware damage costs will exceed $265 billion by 2031.

Ransomware 137

Ransomware Insurance Risk Backups 137

Security Affairs

MAY 16, 2024

Electronic prescription provider MediSecure in Australia suffered a ransomware attack likely originate from a third-party vendor. The company was forced to shut down its website and phone lines following a cyber attack, but it did not mention a ransomware attack. .” ” reported ABC.

Ransomware 131

Ransomware Data breaches Government Insurance 131