Krebs on Security

MAY 15, 2025

In what experts are calling a novel legal outcome, the 22-year-old former administrator of the cybercrime community Breachforums will forfeit nearly $700,000 to settle a civil lawsuit from a health insurance company whose customer data was posted for sale on the forum in 2023. Conor Brian Fitzpatrick , a.k.a.

Healthcare 234

Healthcare Insurance Data breaches Government 234

Krebs on Security

OCTOBER 1, 2020

” As financial losses from cybercrime activity and ransomware attacks in particular have skyrocketed in recent years, the Treasury Department has imposed economic sanctions on several cybercriminals and cybercrime groups, effectively freezing all property and interests of these persons (subject to U.S.

Ransomware 363

Ransomware Cyber Insurance Insurance Cybercrime 363

Security Affairs

OCTOBER 25, 2024

“Change Healthcare can confirm we are experiencing a cybersecurity issue perpetrated by a cybercrime threat actor who has represented itself to us as ALPHV/Blackcat.” However, after a $22 million transaction, an affiliate publicly complained on a Russian cybercrime forum, alleging that BlackCat did not pay their fee.

Data breaches 127

Data breaches Healthcare Cybercrime Insurance 127

Joseph Steinberg

OCTOBER 24, 2022

Of course, the occurrence of suspected cybercriminal activity during a session for business leaders about cybersecurity, and the fact that even attendees of such an event likely fell prey to the scam, only underscores how problematic cybercrime has already become, and how badly we need to improve in our fight against it.

Cybersecurity 363

Cybersecurity Social Engineering Insurance Artificial Intelligence 363

Joseph Steinberg

JUNE 15, 2021

.” Of course, even organizations that spend a billion dollars per year on cybersecurity are not immune to breaches – which is why financial institutions also utilize other cyber-risk management techniques, including implementing robust disaster recovery plans, and obtaining appropriate cyber-liability insurance.

Cybersecurity 364

Cybersecurity Artificial Intelligence Banking Insurance 364

IT Security Guru

JUNE 28, 2022

As cybercrime infects every facet of our daily lives, and technological advancements do little to stop the spread, many security professionals are turning to traditional solutions for a very modern problem. Enter cyber insurance. We insure almost everything – our homes, our cars, even our lives. The story so far.

Cyber Insurance 143

Cyber Insurance Insurance Small Business Marketing 143

Krebs on Security

MAY 23, 2020

Secret Service warned of “massive fraud” against state unemployment insurance programs , noting that false filings from a well-organized Nigerian crime ring could end up costing the states and federal government hundreds of millions of dollars in losses. Meanwhile, a number of U.S. Last week, the U.S. ” STATE WEB SITE WOES.

Insurance 361

Insurance Accountability Banking Government 361

Krebs on Security

JULY 23, 2020

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. It employs some 18,000 people and brought in $6.2 billion in 2019.

Insurance 359

Insurance Financial Services Penetration Testing Scams 359

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. Bloomberg was informed about the payment by two people familiar with the attack.

Data breaches 145

Data breaches Insurance Ransomware Identity Theft 145

Malwarebytes

OCTOBER 14, 2024

Last week on ThreatDown: Hands-on-keyboard (HOK) attacks: How ransomware gangs attack in real-time Ransomware insurance is funding cybercrime, says White House official 5 tools IT admins should block right now Stay safe! Update now! Our business solutions remove all remnants of ransomware and prevent you from getting reinfected.

Data breaches 121

Data breaches Surveillance Insurance DDOS 121

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

Cyber Insurance 121

Cyber Insurance Insurance Marketing Small Business 121

Hot for Security

FEBRUARY 24, 2021

The New York Department of Financial Services (NYDFS) has issued an alert to instant-quote websites, particularly car insurers, warning of a growing campaign to steal nonpublic information (NPI). On the Auto Quote Websites, the criminals entered valid name, any date of birth and any address information into the required fields.

Financial Services 122

Financial Services Insurance Cybercrime Hacking 122

Security Affairs

OCTOBER 20, 2024

CISA adds Fortinet products and Ivanti CSA bugs to its Known Exploited Vulnerabilities catalog Nation-state actor exploited three Ivanti CSA zero-days Dutch police dismantled dual dark web market ‘Bohemia/Cannabia’ macOS HM Surf flaw in TCC allows bypass Safari privacy settings Iran-linked actors target critical infrastructure organizations (..)

Data breaches 116

Data breaches Cybercrime Cyber Insurance Marketing 116

Security Boulevard

MAY 21, 2021

Just a week after announcing it would no longer cover ransomware payments in France, global insurance company AXA has been hit with a targeted ransomware attack. The post Avaddon Targets Insurer AXA with Ransomware | Avast appeared first on Security Boulevard.

Insurance 138

Insurance Ransomware DDOS Banking 138

SecureWorld News

APRIL 17, 2023

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Compliance: Certain industries and jurisdictions require organizations to have cyber insurance or to meet certain cybersecurity standards.

Cyber Insurance 117

Cyber Insurance Insurance CISO Risk 117

Krebs on Security

MARCH 17, 2023

Federal Bureau of Investigation (FBI) this week arrested a New York man on suspicion of running BreachForums , a popular English-language cybercrime forum where some of the world biggest hacked databases routinely show up for sale. Pompompurin has been something of a nemesis to the FBI for several years. In April 2022, U.S.

Data breaches 361

Data breaches Cybercrime Insurance Internet 361

Security Boulevard

FEBRUARY 23, 2022

The post Insurance Won’t Pay for Identity Fraud Losses appeared first on Security Boulevard. Kenneth Bramlett, an orthopedic surgeon from Vestavia Hills, Alabama, decided to buy a bit more than a half-million dollars worth of gold coins.

Insurance 138

Insurance Accountability Identity Theft Cybercrime 138

SecureWorld News

NOVEMBER 14, 2024

This stolen data is often exposed on both the clear and dark web, heightening risks of identity theft and further perpetuating cybercrime. This exposure not only potentially increases risks to individuals whose sensitive information has been compromised but also perpetuates the cycle of cybercrime activity." "We

Healthcare 120

Healthcare Ransomware Identity Theft Data breaches 120

Krebs on Security

AUGUST 6, 2020

A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S.

Accountability 363

Accountability Identity Theft Hacking Insurance 363

Krebs on Security

JUNE 18, 2021

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance 344

Insurance Risk Financial Services CISO 344

Krebs on Security

MAY 29, 2024

.” The arrest coincided with the seizure of the 911 S5 website and supporting infrastructure, which the government says turned computers running various “free VPN” products into Internet traffic relays that facilitated billions of dollars in online fraud and cybercrime. Cloud Router was previously called 911 S5.

VPN 360

VPN Government Cybercrime Internet 360

Malwarebytes

APRIL 27, 2022

You’ve likely only seen cybercrime insurance primarily mentioned in relation to attacks on businesses. Some folks think the mere presence of insurance simply encourages more attacks , and is hurting more than it’s helping. Personal insurance plans are slowly becoming a more visible and talked about topic.

Cyber Insurance 94

Cyber Insurance Insurance Backups Cryptocurrency 94

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. The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5 Beazley plc (BEZ.L)

Cyber Risk 189

Cyber Risk Risk Insurance Energy and Utilities 189

CyberSecurity Insiders

JANUARY 19, 2022

There are more online stores and services available than ever, and you are able to shop for almost anything online whether it's groceries or insurance. In particular, insurance companies are tempting targets for cybercriminals as they hold personal and financial information for numerous clients. The vocabulary of cybersecurity.

Insurance 99

Insurance Cybercrime Cybersecurity Phishing 99

Security Affairs

MAY 1, 2025

A cybercrime group named Hive0117 is behind a fresh phishing campaign that targeted Russian organizations with a new version of the DarkWatchman malware, according to Russian cybersecurity firm F6. Hive0117 targets Russian firms in multiple sectors with phishing attacks using a modified version of the DarkWatchman malware.

Malware 82

Malware Phishing Telecommunications Antivirus 82

Security Affairs

DECEMBER 8, 2024

” Exposed information varies per individual, however, it may include demographic information, medical information, health insurance information, Social Security number, drivers license number, financial information, and other personal or health information that patients provided Anna Jacques.

Data breaches 115

Data breaches Insurance Healthcare Ransomware 115

Krebs on Security

MARCH 26, 2020

“Our continuous monitoring of underground activity revealed despite the conviction, Flint24 never left the cybercrime scene,” reads an analysis penned by Intel 471. Intel 471 says Selivanon also was charged along with Stroganov in this past week’s law enforcement action.

Cybercrime 346

Cybercrime Banking Retail Insurance 346

Security Affairs

AUGUST 20, 2024

Toyota has confirmed a data breach after a threat actor leaked 240GB of data stolen from its infrastructure on a cybercrime forum. Toyota disclosed a data breach after a threat actor leaked an archive of 240GB of data stolen from its systems on a cybercrime forum, BleepingComputer reported.

Data breaches 117

Data breaches Cybercrime Financial Services Hacking 117

Krebs on Security

JULY 24, 2018

Now the financial institution is suing its insurance provider for refusing to fully cover the losses. In its lawsuit (PDF), National Bank says it had an insurance policy with Everest National Insurance Company for two types of coverage or “riders” to protect it against cybercrime losses. million total.

Banking 200

Banking Insurance Computers and Electronics Cyber Insurance 200

SecureWorld News

JULY 8, 2025

Ransomware-as-a-Service (RaaS) has transformed cybercrime into an accessible, scalable platform that anyone can tap into—no code required. Welcome to the age of cybercrime for hire—streamlined, professionalized, and more dangerous than ever. How RaaS works: cybercrime-as-a-platform RaaS operates like any modern SaaS business model.

Ransomware 63

Ransomware Cybercrime Phishing Cryptocurrency 63

Security Affairs

APRIL 23, 2023

Non-profit health insurer Point32Health suffered a ransomware attack and has taken systems offline in response to the incident. Non-profit health insurer Point32Health has taken systems offline in response to a ransomware attack that took place on April 17. ” reads the statement published by the insurer.

Insurance 98

Insurance Ransomware Education Accountability 98

Krebs on Security

JUNE 1, 2023

One of Megatraffer’s ads on an English-language cybercrime forum. Megatraffer has continued to offer their code-signing services across more than a half-dozen other Russian-language cybercrime forums, mostly in the form of sporadically available EV and non-EV code-signing certificates from major vendors like Thawte and Comodo.

Malware 327

Malware Cybercrime Accountability Antivirus 327

Security Affairs

NOVEMBER 21, 2024

Stolen files allegedly include contracts, insurance, and financial documents. The authorities launched an investigation after the ransomware gang Ransomhub claimed the attack and published samples of personal information from a database of government. Ransomhub claimed to have stolen 313 gigabytes of data from the Mexican government office.

Government 144

Government Hacking Ransomware Insurance 144

Krebs on Security

DECEMBER 8, 2022

The CLOP members said one tried-and-true method of infecting healthcare providers involved gathering healthcare insurance and payment data to use in submitting requests for a remote consultation on a patient who has cirrhosis of the liver. As noted in last year’s story Don’t Wanna Pay Ransom Gangs? ”

Healthcare 343

Healthcare Backups Ransomware Insurance 343

SecureWorld News

OCTOBER 28, 2024

UnitedHealth, one of the largest health insurers in the United States, had to undertake a lengthy investigation to confirm the scope of the breach, and its findings emphasize the need for agile security operations that can respond quickly to contain threats and protect data.

Healthcare 109

Healthcare Insurance Government Data breaches 109

Krebs on Security

APRIL 16, 2024

KrebsOnSecurity examined posts across dozens of cybercrime forums around that time, and found only one instance of someone selling large volumes of tax data in the year surrounding the breach date. A ten-year retrospective published in 2022 by The Post and Courier in Columbia, S.C. said investigators determined the breach began on Aug.

Identity Theft 323

Identity Theft Banking Cybercrime Hacking 323

Hacker's King

DECEMBER 24, 2024

Expansion of Cyber Insurance As cyberattacks grow in frequency and scale, the demand for cyber insurance will surge. In 2025, insurers will refine their policies to cover new threats such as ransomware and supply chain attacks, providing businesses with financial safeguards against cyber losses.

Cybersecurity 59

Cybersecurity Cyber Insurance IoT Insurance 59