article thumbnail

Are Cyber Attacks at Risk of Becoming 'Uninsurable'?

Lohrman on Security

There are dark clouds on the horizon as well as conflicting forecasts regarding cyber insurance in 2023 and beyond. Where will the insurance market go from here on cybersecurity coverage?

article thumbnail

Cyber Attack news headlines trending on Google

CyberSecurity Insiders

Harry Rosen, the Men’s wear chain of Canada, has recently announced that its servers were hit by a cyber attack on October 9th of this year and information related to certain sensitive projects, marketing, HR, Public Relations and Staff were stolen by hackers. More details are awaited!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are Cyber Attacks at Risk of Becoming ‘Uninsurable’?

Security Boulevard

There are dark clouds on the horizon as well as conflicting forecasts regarding cyber insurance in 2023 and beyond. Where will the insurance market go from here on cybersecurity coverage? The post Are Cyber Attacks at Risk of Becoming ‘Uninsurable’? appeared first on Security Boulevard.

article thumbnail

Crypto trading firm freezes accounts due to a Cyber Attack

CyberSecurity Insiders

Since June 11th, 2023, Floating Point Group (FPG) has been hit by a devastating cyber attack, leading to the suspension of all trading, deposits, and withdrawals. While the company has not provided a specific timeline, it has reassured users that its IT staff are working tirelessly to mitigate the risks associated with the attack.

article thumbnail

Western Digital Cyber Attack a ‘Wake Up Call for ASIC Vendors’

eSecurity Planet

A massive cyber attack targeting drive maker Western Digital Corp. One of the hackers apparently disclosed the extent of the cyber attack to TechCrunch this week. WDC) could potentially have serious and long-term implications.

article thumbnail

Recent cyber attack is causing Clorox products shortage

Security Affairs

The cyber attack that hit the cleaning products manufacturer Clorox in August is still affecting the supply of the products to customers. The Clorox Company is a multinational consumer goods company that specializes in the production and marketing of various household and professional cleaning, health, and personal care products.

article thumbnail

Cyber Attack news headlines trending on Google

CyberSecurity Insiders

News is out that social security numbers of nearly 35,000 users were leaked in a cyber attack that could have emerged from a credential stuffing campaign launched by a state funded actor. According to the update provided by a source from PayPal, the attack took place on December 6 and was identified at the end of last month.