Beazley is one of the largest cyber risk insurance providers in the country and publishes periodic reports on claims that they see. Here is a summary of what they saw. Ransomware evolved during 2020, reaching new levels of complexity. Rather than getting an employee to click on something, they hack the network, install malware that […]
Continue reading → [DISPLAY_ACURAX_ICONS]First of all, Merry Christmas and a Happy New Year. OCC, FRB and FDIC Propose New Rule – Tell Us If You Have a Security Incident The federal banking regulators are proposing a new rule that banks and tech companies that service banks need to report to their regulator within 36 hours if the have […]
Continue reading → [DISPLAY_ACURAX_ICONS]Data from employment firm Automation Personnel Services Leaked Automation Personnel Services, a provider of temporary employment services, found 440 gigabytes of their data leaked on the dark web. The poster says that it includes payroll, accounting and legal documents. The data was leaked because the company refused to pay the ransom. When asked if the […]
Continue reading → [DISPLAY_ACURAX_ICONS]Israeli insurance company Shirbit was hit by a ransomware attack last week. The hackers demanded 50 Bitcoin within 24 hours. 50 Bitcoin is about a million dollars. When they didn’t do that, the hackers started leaking the company’s data and doubled the ransomware demand to 100 Bitcoin or about two million dollars. They said that […]
Continue reading → [DISPLAY_ACURAX_ICONS]First the wise guy answers: Too Long and It Depends. Unfortunately, both are true. For a lot of companies, 30 to 60 days seems to be the average. Company size doesn’t seem to be a factor. We recently worked with a smallish company (less than 150 people) and it was 30 days before they were […]
Continue reading → [DISPLAY_ACURAX_ICONS]Oracle POS Back Door Discovered Oracle bought the Micros Point of Sale System a few years ago and now needs to deal with the challenges from that. The newest challenge is a modular back door that affects the 3700 POS series. It is used by hundreds of thousands of hotels, restaurants, bars and other hospitality […]
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