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Automakers Are Sharing Driver Data with Insurers without Consent

Schneier on Security

Some drivers may not realize that, if they turn on these features, the car companies then give information about how they drive to data brokers like LexisNexis [who then sell it to insurance companies].

Insurance 351
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Your location or browsing habits could lead to price increases when buying online

Malwarebytes

The name for this method is surveillance pricing, and the FTC has just released initial findings of a report looking into that practice. In July 2024, the FTC requested information from eight companies offering surveillance pricing products and services that incorporate data about consumers characteristics and behavior.

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A week in security (October 7 – October 13)

Malwarebytes

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.

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Long Article on GM Spying on Its Cars’ Drivers

Schneier on Security

Kashmir Hill has a really good article on how GM tricked its drivers into letting it spy on them—and then sold that data to insurance companies.

Insurance 335
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Spike in “Chain Gang” Destructive Attacks on ATMs

Krebs on Security

From surveillance camera footage examined by fraud investigators, the perpetrators have followed the same playbook in each incident. Tracey Santor is the bond product manager for Travelers , which insures a large number of financial institutions against this type of crime. “And they were given instructions on how to do it.

Banking 359
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Case Study: SCM Insurance Services Finds True Partnership Cybereason

Security Boulevard

The post Case Study: SCM Insurance Services Finds True Partnership Cybereason appeared first on Security Boulevard.

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Security Blueprints of Many Companies Leaked in Hack of Swedish Firm Gunnebo

Krebs on Security

In August, Gunnebo said it had successfully thwarted a ransomware attack, but this week it emerged that the intruders stole and published online tens of thousands of sensitive documents — including schematics of client bank vaults and surveillance systems.

Hacking 358