Cybersecurity

UnitedHealth says Change Healthcare hacked by nation-state, as US pharmacy outages drag on | TechCrunch

U.S. health insurance giant UnitedHealth Group (UHG) said Thursday in a filing with government regulators that its subsidiary Change Healthcare was compromised, likely by government-backed hackers. In a filing Thursday, UHG blamed the ongoing cybersecurity incident affecting Change Healthcare on suspected nation-state hackers but said it had no timeframe for when its systems would be […]

Cybersecurity

US insurance firms sound alarm after 66,000 individuals impacted by SIM swap attack

Two US insurance companies are warning that thousands of individuals’ personal information may have been stolen after hackers compromised computer systems. Washington National Insurance and Bankers Life, both subsidiaries of the CNO Financial Group, were targeted by SIM-swapping hackers in November 2023. As we’ve described before, SIM-swapping attacks involve fraudsters tricking customer support staff at […]

Cybersecurity

NoName Targets Multiple Websites in Lithuania, Blames it for Aiding Ukraine

Several prominent organizations in Lithuania, including Compensa Vienna Insurance Group, If Insurance, Lithuanian Roads Association, AD REM, INIT, and Balticum, have allegedly fallen victim to the NoName attack. The threat actors, identified as the NoName ransomware group, have been actively sharing posts detailing the impact of the cyberattack on Lithuania websites.  The threat actors have […]

Cybersecurity

Fidelity National Financial subsidiary says 1.3 million affected by November cyberattack

A subsidiary of title insurance giant Fidelity National Financial reported a data breach to state regulators this week after a cyberattack in November. LoanCare, one of the largest providers of loan subservicing services, told officials in Maine and California that 1,316,938 people had information accessed by hackers who breached Fidelity National Financial — their parent […]

Cybersecurity

Global Economy Could Lose $3.5trn in Systemic Cyber-Attack

Insurance giant Lloyd’s of London has published a systemic risk scenario of a cyber-attack resulting in global economic losses of $3.5trn. The scenario involves “a hypothetical but plausible” cyber-attack on a major financial services payment system, leading to widespread disruption to global businesses. Working with the Cambridge Centre for Risk Studies, the research explored nine […]