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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.
Investor Sue HUB Cyber Security for Misleading Statements on Mount Rainier Merger
Shareholders of HUB Cyber Security Ltd. has filed a class action against the company, alleging misleading statements related to its recent merger with Mount Rainier Acquisition Corp. According to the announcement by US-based law firm Robbins LLP, the lawsuit was filed...
Threat Actors Abuse Google AMP for Evasive Phishing Attacks
The idea behind using Google AMP URLs embedded in phishing emails is to make sure that email protection technology does not flag messages as malicious or suspicious due to Google’s good reputation.
Threat Actors Abuse Google AMP for Evasive Phishing Attacks
The idea behind using Google AMP URLs embedded in phishing emails is to make sure that email protection technology does not flag messages as malicious or suspicious due to Google’s good reputation.
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...
Iranian Company Cloudzy Accused of Aiding Cybercriminals and Nation-State Hackers
Services offered by an obscure Iranian company known as Cloudzy are being leveraged by multiple threat actors, including cybercrime groups and nation-state crews. "Although Cloudzy is incorporated in the United States, it almost certainly operates out of Tehran, Iran...
Forgepoint Capital Places $15M Series A Bet on Converge Insurance
“This funding will enable us to expand our outreach and grow our bench of in-house experts while accelerating the availability of the Converge platform worldwide,” the newly appointed CEO, Tom Kang, said.
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