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Study Downplays Cyber Insurance as Incentive to Pay Ransom

Fears that cyber insurance coverage drives companies into paying ransomware demands more easily than otherwise appear unfounded, concludes a British think tank study that suggests insurers should do more to enact corporate discipline.

VALIC Retirement Services Company Becomes Latest MOVEit Victim

VALIC Retirement Services Company is among the latest victims of the MOVEit File Transfer cyber attack. The VALIC cyber attack is estimated to impact 798,000 persons, raising the number of MOVEit vulnerability victims from about 30 million as of July 31. VALIC...

UK Military Embraces Security by Design

The UK’s Ministry of Defence (MoD) has launched its Secure by Design initiative, which is to transform how cybersecurity is built into its systems and capabilities both internally and across its supply chain.

Akira Ransomware Group Claims to Target Parathon

Akira ransomware group added U.S.-based software company Parathon to its victim list. The hackers claimed to have 560 GB of data of employee data and other information, exfiltrated after the Parathon cyber attack. Parathon cyber attack Screenshot of Akira’s message...

Have you Patched this Microsoft OneNote Spoofing Vulnerability Yet?

Microsoft has issued an alert on the OneNote spoofing vulnerability, patched previously. According to the latest update from Microsoft, the possibility of exploitation still exists. The Microsoft OneNote Spoofing Vulnerability, coded CVE-2023-33140, potentially...

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