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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

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North Korean Hackers Intensify Cyberattacks on South's Arms Industry

SecureWorld News

North Korea's prolific state-sponsored hacking units are once again setting their sights on South Korea's defense and arms manufacturing sector. South Korea is home to major defense manufacturers such as Korea Aerospace Industries Ltd. currently Hanwha Ocean Co.

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The Analyst Prompt #20: Attack Against Tata Power Highlights Cyber Risk to India’s Growing and Increasingly Connected Population?

Security Boulevard

Key Infrastructure and Critical Vulnerabilities: Attack Against Tata Power Highlights Cyber Risk to India’s Growing and Increasingly Connected Population. 8 ) Deadbolt first targeted storage devices manufactured by Taiwan-based company QNAP, for which patches have been available since early this year. (

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Exposing hidden cyber supply chain risks

Cisco Security

The way suppliers conduct business, as well as they products they sell, could put you and your family at risk. In the business world, digital supply chains present very real risks too, even with well-established, trusted partners. They have a long, established history of design and manufacturing excellence.

Risk 98
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Deciphering the Omnibus for Medical Device Security

NetSpi Executives

Section 3305 mandates that medical device manufacturers must submit comprehensive plans to the FDA, focusing on monitoring, identifying, and proactively addressing medical device vulnerabilities. Moreover, manufacturers must establish and maintain processes to ensure that the device and associated systems are sufficiently cyber-secure.

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Corvus Insurance Reports the Ratio of Ransoms Demanded to Ransoms Paid is Steadily Declining

CyberSecurity Insiders

The report provides an inside look at the insights and tools used by risk managers, IT departments, security researchers, and solution providers to hone their offerings and approaches to keeping organizations safe from evolving cyber threats. Litigation risks for tech vendors. Ransomware claims and costs.

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A Ransomware Group Claims to Have Breached the Foxconn Factory

Hacker Combat

ransomware to conduct the cyber-attack, the hackers threaten to expose stolen files unless the company pays a ransom. The factory specializes in manufacturing, consumer electronics, medical devices, and industrial operations. SecurityWeek has attempted to contact the electronics manufacturer but has yet to receive a response.