Malwarebytes

NOVEMBER 28, 2024

But with all the combined information about a person, it paints a very complete picture that insurance companies, advertisers, and even cybercriminals can use to their advantage.

Social Engineering 100

Social Engineering Insurance Advertising Risk 100

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. Their data is now available for download on the dark web.

Antivirus 125

Antivirus Insurance Ransomware Healthcare 125

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

Insurance 94

Insurance Cryptocurrency Cyber threats Marketing 94

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

Webroot

MARCH 3, 2025

The event is sponsored by the Federal Trade Commission (FTC), and other participating agencies include the Federal Deposit Insurance Corporation (FDIC), AARP , and the Better Business Bureau (BBB). Social engineering attacks Social engineering attacks occur when someone uses a fake persona to gain your trust.

Consumer Protection 84

Consumer Protection Identity Theft Scams Social Engineering 84

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

SecureWorld News

MARCH 17, 2025

Despite these setbacks, the company has stated that, with its cyber insurance coverage and ongoing remediation efforts, it doesn't expect a long-term material impact on its business fundamentals. The incident contributed to a short-term stock price dip of about 2% and added to operational expenses during the recovery phase.

Cyber Attacks 107

Cyber Attacks Digital transformation Threat Detection Penetration Testing 107

Security Boulevard

MARCH 20, 2025

In the 2025 AI Security Report, ThreatLabz delves into evolving risks of AI, including:Shadow AI and data leakage: Key questions enterprises should consider to control unauthorized use of AI tools that may expose sensitive data.AI-generated

Social Engineering 76

Social Engineering Phishing Risk Insurance 76

SecureWorld News

FEBRUARY 5, 2025

AI, a double-edged sword AI-driven cybersecurity tools enhance threat detection but also empower attackers with sophisticated social engineering, deepfake campaigns, and automated exploits. Leverage cyber insurance to mitigate financial risks associated with supply chain attacks.

InfoSec 72

InfoSec Energy and Utilities Cybersecurity Education 72

Malwarebytes

FEBRUARY 4, 2025

The same is true for all text-based social engineering tricks, as AI chat tools can write alluring direct messages for romance scams and craft urgent-sounding texts that can fool people into clicking on links that carry malware.

Artificial Intelligence 144

Artificial Intelligence Small Business Malware Technology 144

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 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 141

Social Engineering Cyber Attacks Cyber Insurance IoT 141

Security Boulevard

JANUARY 23, 2025

TL;DR Insurance companies host large amounts of sensitive data (PII, PHI, etc.) TL;DR Insurance companies host large amounts of sensitive data (PII, PHI, etc.) Insurance companies need to stay agile with the latest technology to speed up internal business processes and increase customer satisfaction. As they should!

Insurance 52

Insurance Risk Digital transformation Social Engineering 52

CyberSecurity Insiders

JULY 29, 2022

What’s surprising about the incident is that the Hive Group has details that Wootton Educational Trust is covered under a cyber insurance and so is demanding the authorities to pay up huge i.e., £500,000. The post Hive Ransomware group demands £500000 from School in England appeared first on Cybersecurity Insiders.

Ransomware 122

Ransomware Cyber Insurance Social Engineering Education 122

Security Affairs

NOVEMBER 2, 2023

” Exposed data include name, Social Security Number, and health or medical insurance plan number. In early September, Okta warned customers of social engineering attacks carried out in recent weeks by threat actors to obtain elevated administrator permissions.

Data breaches 140

Data breaches Hacking Social Engineering Healthcare 140

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. Stay informed about AI developments and explore how your business can benefit from advancements in the public sector – and be mindful of the consumerization of AI-enabled fraud.

Cybersecurity 258

Cybersecurity Social Engineering Cyber threats Software 258

Malwarebytes

JULY 5, 2021

Other cybersecurity news.

Cyber Insurance 108

Cyber Insurance Social Engineering Scams Insurance 108

CyberSecurity Insiders

JANUARY 24, 2022

CINCINNATI–( BUSINESS WIRE )–Great American Insurance Group recently launched EagleEye? According to Betty Shepherd, Divisional Senior Vice President, Great American Cyber Risk, EagleEye is a valuable loss prevention tool for insureds. We jumped at the opportunity to build a compelling solution for insureds.

Cyber Risk 52

Cyber Risk Insurance Risk Cyber Insurance 52

BH Consulting

OCTOBER 24, 2024

The malevolent seven: ENISA report identifies prime cybersecurity threats Ransomware; malware; social engineering; threats against data; threats against availability (denial of service); information manipulation and interference; and supply chain attacks. MORE NSA to insurers: stop bankrolling ransom payments.

Social Engineering 69

Social Engineering Passwords Cybersecurity Ransomware 69

Security Affairs

OCTOBER 30, 2018

In a letter sent to members, Christina Salcido, vice president of mission operations for GSOC, confirmed that attackers may have accessed to names, birth dates, home addresses, insurance policy numbers and health history for some members. Experts warn of possible social-engineering-based cyber attacks leveraging the exposed info.

Data breaches 107

Data breaches Social Engineering Advertising Insurance 107

CyberSecurity Insiders

MAY 15, 2023

Currently, it appears that the attackers are primarily focusing on companies in manufacturing, wealth management, insurance, and pharmaceuticals sectors. Hopefully, this service will help mitigate the risks associated with the malicious attack, such as phishing and other social engineering attacks.

Ransomware 100

Ransomware Insurance Social Engineering Manufacturing 100

Malwarebytes

JANUARY 11, 2022

There’s elements of social engineering involved, too. Social engineering their way to USB victory. The sticks have been sent to “ US businesses in the transportation, insurance, and defence industries ”. The bogus sticks have been winging their way to potential victims through the post for a number of months.

Ransomware 126

Ransomware Social Engineering Malware Engineering 126

Security Boulevard

JANUARY 27, 2022

The insurance company refused to pay. It’s like déjá vu all over again. A company purchased cyberinsurance and paid premiums for years. They had a cybersecurity incident, filed a claim and—guess what?

Banking 131

Banking Insurance Cybersecurity Social Engineering 131

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 121

Data breaches Insurance Identity Theft Education 121

SecureWorld News

DECEMBER 7, 2022

Security experts have warned for years about the possibility of social engineering attacks with deepfakes, and the technology has matured enough for 2023 to see hackers successfully leverage it. Cyber insurance trends in 2023. Fostering workforce security education at all levels reduces risk.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

Security Affairs

AUGUST 11, 2022

When operators receive a call, they use a variety of social engineering tactics, to convince victims to give remote desktop control , to help them cancel their subscription service. This group has the advanced social engineering capabilities of the three groups. The victim is tricked into contacting a special call center.

Ransomware 98

Ransomware Social Engineering Phishing Engineering 98

Malwarebytes

MARCH 10, 2021

Malware authors and social engineers have relied on shame and the threat of exposure for years. This quickly became a mess of arguments over paying the ransom , and the world of cyber insurance and whether it would actually insure against these types of attacks. Shaming victims into action.

Ransomware 128

Ransomware Insurance Cyber Insurance Social Engineering 128

Security Boulevard

MAY 12, 2022

The Role Of Cybersecurity Insurance In A Predictive Security. Cybersecurity insurance in recent years has become a modern day stopgap for corporations looking to offset their losses for attacks. What Is Not Covered Under Cyber Insurance? Below is a list of adaptive controls needed for cyber insurance.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

eSecurity Planet

SEPTEMBER 14, 2022

As a matter of fact, the most-reported crime in the 2021 Internet Crime Report report was phishing , a social engineering scam wherein the victim receives a deceptive message from someone in an attempt to get the victim to reveal personal information or account credentials or to trick them into downloading malware. Social Tactics.

Social Engineering 122

Social Engineering Energy and Utilities Phishing Internet 122

Security Affairs

APRIL 28, 2022

The criminal group had been mailing malware-ridden USBs to various entities in the transport, insurance, and defense industries under the guise that they originated from a trusted source, such as Amazon and the US Department of Health and Human Services. Social engineering is a prerequisite to almost all cyberattacks.

Social Engineering 98

Social Engineering Engineering Insurance DDOS 98

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. Mitigate vulnerabilities related to third-party vendors.

Healthcare 98

Healthcare Social Engineering Accountability Passwords 98

SecureList

NOVEMBER 28, 2022

Companies will fight the human factor in cybersecurity to curb insider threat and social engineering to protect user data. Desperate to stop data leaks, people will insure against them. One way to do that might be to insure yourself against data breaches.

Insurance 136

Insurance Social Engineering IoT Data breaches 136

SecureWorld News

OCTOBER 4, 2021

Still, little was reported about the details of the cyber incident, including who the attackers are, how the cyberattack happened, and the social engineering methods used to make the email look official. Peterborough has insurance through NH Primex. This provider covers issues related to public risk management.

Insurance 98

Insurance Ransomware Social Engineering Cybercrime 98

Security Affairs

FEBRUARY 26, 2023

Clasiopa group targets materials research in Asia CERT of Ukraine says Russia-linked APT backdoored multiple govt sites UK won the Military Cyberwarfare exercise Defence Cyber Marvel 2 (DCM2) CISA warns of disruptive attacks amid the anniversary of Russia’s invasion of Ukraine Highly evasive cryptocurrency miner targets macOS Hackers are actively exploiting (..)

Social Engineering 98

Social Engineering Cryptocurrency Insurance Malware 98

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

SecureList

NOVEMBER 9, 2022

Given the continued surge of ransomware attacks, which soared 288% in the first half of 2022 alone, the need for cyber insurance will be a bigger priority, especially in the SMB market. As such, we anticipate a booming cyber insurance industry as many organizations heed these warnings and seek to guard against ransomware attacks.

Cybersecurity 145

Cybersecurity Cyber Insurance Cybercrime IoT 145