Joseph Steinberg

JULY 8, 2021

Ironically, while many larger enterprises purchase insurance to protect themselves against catastrophic levels of hacker-inflicted damages, smaller businesses – whose cyber-risks are far greater than those of their larger counterparts – rarely have adequate (or even any) coverage. Insurance is, therefore, always needed.

Insurance 364

Insurance Cyber Insurance Cybersecurity Small Business 364

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

SecureWorld News

NOVEMBER 14, 2024

Ransomware attacks on healthcare organizations have sharply increased in 2024, as shown by recent research from Safety Detectives. Compared to 2023, healthcare providers are facing a higher frequency of ransomware incidents, impacting their ability to deliver essential services and protect sensitive patient data.

Healthcare 120

Healthcare Ransomware Identity Theft Data breaches 120

Security Affairs

DECEMBER 4, 2024

BT Group (formerly British Telecom)’s Conferencing division shut down some of its servers following a Black Basta ransomware attack. British multinational telecommunications holding company BT Group (formerly British Telecom) announced it has shut down some of its servers following a Black Basta ransomware attack. reads the CSA.

Ransomware 125

Ransomware Telecommunications Healthcare Insurance 125

Malwarebytes

OCTOBER 25, 2024

The attack on Change Healthcare, which processes about 50% of US medical claims, was one of the worst ransomware attacks against American healthcare and caused widespread disruption in payments to doctors and health facilities. OCR did this because of the cyberattack’s unprecedented impact on patient care and privacy.

Healthcare 122

Healthcare Data breaches Passwords Identity Theft 122

Security Affairs

JULY 9, 2021

Insurance giant CNA notifies customers of a data breach after the Phoenix CryptoLocker ransomware attack suffered in March. US insurance giant CNA is notifying customers of a data breach after the ransomware attack that it suffered in March. SecurityAffairs – hacking, ransomware).

Data breaches 145

Data breaches Insurance Ransomware Identity Theft 145

Joseph Steinberg

AUGUST 5, 2021

While leveraging cyber-liability insurance has become an essential component of cyber-risk mitigation strategy, cyber-liability offerings are still relatively new, and, as a result, many parties seeking to obtain coverage are still unaware of many important factors requiring consideration when selecting a policy.

Insurance 258

Insurance Cyber Insurance Artificial Intelligence Ransomware 258

Security Affairs

JANUARY 3, 2025

Richmond University Medical Center has confirmed that a ransomware attack in May 2023 affected 670,000 individuals. New York’s Richmond University Medical Center confirmed a May 2023 ransomware attack impacted 674,033 individuals. In May 2023, RUMC suffered a ransomware attack that caused a multi-week disruption.

Data breaches 75

Data breaches Ransomware Insurance Healthcare 75

Bleeping Computer

JULY 9, 2021

CNA Financial Corporation, a leading US-based insurance company, is notifying customers of a data breach following a Phoenix CryptoLocker ransomware attack that hit its systems in March. [.].

Data breaches 137

Data breaches Insurance Ransomware 137

Security Affairs

NOVEMBER 21, 2024

Mexico is investigating a ransomware attack targeting its legal affairs office, as confirmed by the president amidst growing cybersecurity concerns. Mexico’s president announced the government is investigating an alleged ransomware hack that targeted the administration’s legal affairs office. Knight, also known as Cyclops 2.0,

Government 144

Government Hacking Ransomware Insurance 144

Security Affairs

NOVEMBER 18, 2024

A ransomware attack on Great Plains Regional Medical Center compromised personal data of 133,000 individuals, exposing sensitive information. On September 8, 2024, Great Plains Regional Medical Center (Oklahoma) suffered a ransomware attack. “On September 8, 2024, we suffered a ransomware attack on our computer system.

Ransomware 123

Ransomware Insurance Encryption Healthcare 123

Bleeping Computer

JULY 2, 2021

Gallagher (AJG), a US-based global insurance brokerage and risk management firm, is mailing breach notification letters to potentially impacted individuals following a ransomware attack that hit its systems in late September. [.].

Insurance 140

Insurance Data breaches Ransomware Risk 140

The Last Watchdog

JANUARY 20, 2020

To help mitigate the risk of financial losses, more companies are turning to cyber insurance. Related: Bots attack business logic Cyber insurance, like other forms of business insurance, is a way for companies to transfer some of numerous potential liability hits associated specifically with IT infrastructure and IT activities.

Cyber Insurance 222

Cyber Insurance Insurance Data breaches Risk 222

Malwarebytes

JANUARY 10, 2025

The RansomHub ransomware group claims to have exfiltrated an enormous 1.5 terabytes of sensitive data from BayMark Health Services. Further, the fact that the data are listed as published means that BayMark did not pay the ransom, which is confirmed by the cybercriminals you click through on the company’s tile.

Ransomware 101

Ransomware Data breaches Passwords Phishing 101

CSO Magazine

JUNE 14, 2023

With an ever-increasing number of cybersecurity threats and attacks, companies are becoming motivated to protect their businesses and customer data both technically and financially. The global cyber insurance market was valued at $13.33 The global cyber insurance market was valued at $13.33 billion in 2023 to $84.62

Insurance 121

Insurance Data breaches Cyber Insurance Marketing 121

CyberSecurity Insiders

JULY 20, 2021

Campbell Conroy & O’Neil’s law firm has issued a public statement early today that it was a victim of a ransomware attack on February 27th,2021 and the incident could have led to a potential data breach that is under serious investigation.

Data breaches 144

Data breaches Ransomware Identity Theft Insurance 144

Krebs on Security

AUGUST 29, 2019

PerCSoft , a Wisconsin-based company that manages a remote data backup service relied upon by hundreds of dental offices across the country, is struggling to restore access to client systems after falling victim to a ransomware attack. The ransomware attack hit PerCSoft on the morning of Monday, Aug. West Allis, Wis.-based

Backups 257

Backups Ransomware Insurance Encryption 257

Security Affairs

JULY 13, 2024

The American drugstore chain Rite Aid Corporation disclosed a data breach following the cyber attack that hit the company in June. The American drugstore chain giant Rite Aid suffered a data breach following a cyberattack in June conducted by the RansomHub ransomware group. 148 in the Fortune 500 in 2022.

Data breaches 138

Data breaches Ransomware Hacking Insurance 138

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

JANUARY 30, 2024

Insurance broker Keenan and Associates is notifying more than 1.5 The post Insurance Broker Keenan Says 1.5 Million Affected by Data Breach appeared first on Security Boulevard. million people that their personal information may have been stolen during a cyberattack on its systems last summer.

Insurance 126

Insurance Data breaches Hacking Financial Services 126

Security Affairs

JULY 2, 2024

million individuals were affected by the data breach it suffered in February 2024. The insurance company Prudential Financial confirmed that the data breach it suffered in February 2024 affected over 2.5 Prudential Financial confirmed that more than 2.5 million individuals.

Data breaches 140

Data breaches Insurance Cyber Attacks Ransomware 140

Security Affairs

DECEMBER 17, 2024

Texas Tech University reports a data breach affecting 1.4 million, exposing personal, health, and financial data from its health sciences centers. Texas Tech University disclosed a data breach that impacted over 1.4 The ransomware group claimed the theft of 2.6 million individuals following a cyber attack.

Data breaches 59

Data breaches Insurance Ransomware Cyber Attacks 59

Graham Cluley

MARCH 22, 2021

A member of the REvil ransomware gang claims that the group specifically targets firms who have taken our cyber insurance. And what's more, it will hack insurance firms to identify them.

Cyber Insurance 144

Cyber Insurance Insurance Ransomware Hacking 144

Krebs on Security

NOVEMBER 14, 2024

for stealing data on nearly 10 million customers of the Australian health insurance giant Medibank. A week after breaking the story about the 2013 data breach at Target, KrebsOnSecurity published Who’s Selling Cards from Target? “I’m also godfather of his second son.” Image: U.S.

Retail 255

Retail Advertising Cryptocurrency Marketing 255

Security Boulevard

FEBRUARY 20, 2025

Cyber insurance used to be an optional safety net. With ransomware, data breaches, and cyberattacks on the rise, companies need protection against financial losses. The post How CTEM Impacts Cyber Security Insurance Premiums? The post How CTEM Impacts Cyber Security Insurance Premiums? Its a must-have.

Insurance 59

Insurance Cyber Insurance Data breaches Ransomware 59

Security Affairs

SEPTEMBER 29, 2020

Gallagher (AJG) insurance giant disclosed a ransomware attack, the security breach took place on Saturday. Gallagher (AJG) global insurance brokerage firm confirmed that it was his with a ransomware attack on Saturday, September 26. US-based Arthur J. The company is currently ranked 429 on the Fortune 500 list.

Insurance 145

Insurance Ransomware Advertising Data breaches 145

Krebs on Security

MARCH 5, 2024

healthcare giant Change Healthcare has made a $22 million extortion payment to the infamous BlackCat ransomware group (a.k.a. BlackCat is known as a “ransomware-as-service” collective, meaning they rely on freelancers or affiliates to infect new networks with their ransomware. There are indications that U.S.

Healthcare 353

Healthcare Ransomware Scams Government 353

Graham Cluley

MARCH 28, 2021

Insurance firm CNA Hardy says that it has suffered a “sophisticated cybersecurity attack” that has impacted its operations, including its email system.

Cyber Insurance 137

Cyber Insurance Insurance Ransomware Cybersecurity 137

Security Affairs

JANUARY 4, 2022

Hospitality chain McMenamins disclosed a data breach after a recent ransomware attack. Hospitality chain McMenamins discloses a data breach after a ransomware attack that took place on December 12. The good news is that customer financial data was not affected. SecurityAffairs – hacking, ransomware).

Data breaches 127

Data breaches Ransomware Insurance Banking 127

Security Affairs

MARCH 20, 2025

A data breach at the Pennsylvania State Education Association exposed the personal information of over 500,000 individuals. The Pennsylvania State Education Association (PSEA) suffered a data breach that impacted 517,487 individuals. ” reads the data breach notification.

Education 64

Education Data breaches Identity Theft Insurance 64

Security Affairs

DECEMBER 9, 2023

Kentucky health system Norton Healthcare disclosed a data breach after it was a victim of a ransomware attack in May. Norton Healthcare disclosed a data breach after a ransomware attack that hit the organization on May 9, 2023. ” reads the notice of security incident.

Healthcare 136

Healthcare Data breaches Ransomware Insurance 136

Joseph Steinberg

AUGUST 5, 2021

Understanding the difference between the two is also essential when seeking to obtain – and when acquiring – cyber-liability insurance. Likewise, if you purchase appropriate first-party insurance, your insurance policy should cover the relevant losses – as the losses are borne directly by the policyholder (your business).

Insurance 141

Insurance Risk Data breaches Artificial Intelligence 141

Security Affairs

JULY 17, 2024

The world’s largest recreational boat and yacht retailer MarineMax, disclosed a data breach following a cyber attack. The world’s largest recreational boat and yacht retailer MarineMax disclosed a data breach that impacted over 123,000 individuals.

Data breaches 130

Data breaches Retail Cyber Attacks Ransomware 130

Security Affairs

AUGUST 14, 2024

Kootenai Health suffered a data breach impacting over 464,000 patients following a 3AM ransomware attack. Kootenai Health disclosed a data breach impacting over 464,088 patients following the leak of their personal information by the ThreeAM (3AM) ransomware gang.

Data breaches 128

Data breaches Identity Theft Encryption Ransomware 128

Security Affairs

AUGUST 17, 2021

Colonial Pipeline discloses a data breach of the personal information of thousands of individuals after the ransomware attack that took place in May 2021. Colonial Pipeline has started notifying more than 5000 people that had their personal information compromised after a ransomware attack that took place in May.

Data breaches 112

Data breaches Ransomware Insurance Hacking 112

SC Magazine

APRIL 19, 2021

AIG is one of the top cyber insurance companies in the U.S. Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware. eflon CreativeCommons CC BY 2.0.

Insurance 113

Insurance Cyber Insurance Ransomware InfoSec 113

Security Affairs

OCTOBER 20, 2024

CISA adds Veeam Backup and Replication flaw to its Known Exploited Vulnerabilities catalog North Korea-linked APT37 exploited IE zero-day in a recent attack Omni Family Health data breach impacts 468,344 individuals Iran-linked actors target critical infrastructure organizations macOS HM Surf flaw in TCC allows bypass Safari privacy settings Two Sudanese (..)

Data breaches 115

Data breaches Cybercrime Cyber Insurance Marketing 115