Dive Brief: The majority of companies, 4 in 5, have suffered a cyberattack that wasn’t fully covered under their cyber insurance policy, according to an analysis by cyber risk quantification firm CYE. On average, each insurance gap left more than three-quarters of a breach uncovered, CYE said in a report released Wednesday. The research, which analyzed […]
Dive Brief: UnitedHealth Group estimates costs from the Change Healthcare cyberattack could reach $1.6 billion this year, executives said on Tuesday. However, the managed care giant maintained its full-year earnings guidance, suggesting the financial fallout from the attack on the massive claims clearinghouse may be less serious than feared. The hit comes from direct response […]
Healthcare , Industry Specific , Legislation & Litigation Orrick Herrington Cyberattack Compromised Clients’ Data, Affected Nearly 638,000 Marianne Kolbasuk McGee (HealthInfoSec) • April 15, 2024 Image: Orrick A global law firm that provides data breach legal services has agreed to an $8 million settlement to resolve a proposed class action lawsuit filed against […]
Chilean data center and hosting provider IxMetro Powerhost has suffered a cyberattack at the hands of a new ransomware gang known as SEXi, which encrypted the company’s VMware ESXi servers and backups.
A cyberattack has disrupted operations at one of the world’s biggest boat sellers, the company said in regulatory filings this week. MarineMax, which calls itself the world’s largest recreational boat, yacht, and superyacht services company, filed documents with the Securities and Exchange Commission on Tuesday afternoon describing the incident, which began Sunday. “MarineMax determined… that […]
The Belgian village of Breendonk — home to Duvel Moortgat Brewery, which was hit by a cyberattack last week — is now facing a second incident affecting local coffee roasters Koffie Beyers. The impact of the incident affecting Beyers is not yet clear. Police have confirmed that an investigation is underway and that specialists from […]
Kroll has uncovered a sophisticated cyberattack leveraging vulnerabilities in ConnectWise ScreenConnect software to deploy a variant of the BabyShark malware dubbed ToddlerShark. This targeted campaign exploits ScreenConnect flaws in the remote access tool to gain unauthorized access and deliver the malicious payload. Diving into details The North Korean APT group Kimsuky is reportedly exploiting ScreenConnect […]
Epic Games found no evidence of a cyberattack or data theft after the Mogilevich group claimed to have breached their servers. The group offered to sell stolen data for $15,000 but only shared samples with those who proved they had the funds.
The BlackCat/ALPHV ransomware gang claimed responsibility for a cyberattack on Optum, affecting the Change Healthcare platform and potentially compromising sensitive data of millions of individuals and organizations.