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Cyber Insurance and the Changing Global Risk Environment

Security Affairs

When security fails, cyber insurance can become crucial for ensuring continuity. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance. If the technology were to become unavailable, the resulting business impact could be mitigated with cyber insurance.

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How MFA and Cyber Liability Insurance Effectively Manage Risk in Higher Education

Duo's Security Blog

One area where campuses have been collaborating recently are changes around cyber liability insurance for higher education, an opportunity for campus cybersecurity teams to combine forces with their risk management team. In a recent Duo blog post, we gave an overview of cyber liability insurance.

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Many Public Salesforce Sites are Leaking Private Data

Krebs on Security

Customers can access a Salesforce Community website in two ways: Authenticated access (requiring login), and guest user access (no login required). This misconfigured Salesforce Community site from the state of Vermont was leaking pandemic assistance loan application data, including names, SSNs, email address and bank account information.

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Australian Firstmac Limited disclosed a data breach after cyber attack

Security Affairs

They have a range of market insurance products backed by international company, Allianz Group. We already have robust security processes in place for any account access changes, which will require you to confirm your identity using either Biometrics or Two Factor Authentication.” ” continues the notice.

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As of May 2024, Black Basta ransomware affiliates hacked over 500 organizations worldwide

Security Affairs

In December 2023, Elliptic and Corvus Insurance published a joint research that revealed the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. ” reads the CSA. According to the experts, the ransomware gang has infected over 329 victims, including ABB , Capita , Dish Network , and Rheinmetall.

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Okta discloses a new data breach after a third-party vendor was hacked

Security Affairs

. “The investigation revealed that your personal information was contained in the impacted file. ” Exposed data include name, Social Security Number, and health or medical insurance plan number. The notification states that the company is not aware of any misuse of the exposed personal information.

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Cox Media Group took down broadcasts after a ransomware attack

Security Affairs

The company announced to have taken steps to improve the security of its infrastructure after the security breach, such as the adoption of multi-factor authentication protocols, performing an enterprise-wide password reset, and the deployment of endpoint detection solutions. ” continues the notification.

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