The legislative Interim Finance Committee was told Wednesday that the increasing number of ransomware attacks in the country have caused a major increase in the cost of cyber-security insurance. Director of Administration Laura Freed said insurance against such attacks is up more than 500 percent from $70,000 to $481,000 this year. Even the government has…
As more and more companies experience crippling security breaches, the wave of compromised data is on the rise. Data breach statistics show that hackers are highly motivated by money to acquire data, and that personal information is a highly valued type of data to compromise. It’s also apparent that companies are still not prepared…
T-Mobile has confirmed a cybersecurity incident that may have exposed the customer information of 100 million users. The company announced in a Monday (Aug. 16) press release, noting it is “working around the clock” to investigate. T-Mobile noted in the release that it found there was unauthorized access, but said it didn’t know if that…
NFP is a brokerage and consulting firm delivering complex insurance solutions to clients worldwide. When COVID-19 struck in 2020, NFP had the flexibility, mobility, and resilience needed to protect its own employees and clients. Having already started its cloud journey with Microsoft 365 E5, NFP was well-positioned to transition employees to remote work and support…
The personal data of more than 3 million US senior citizens was exposed in a security oversight by SeniorAdvisor, a review website. Researchers at security firm WizCase discovered the leak. WizCase’s security team led by Ata Hakcil has found a major breach affecting a bucket owned by SeniorAdvisor, one of the largest consumer ratings and…
Phishing attacks against businesses are commonly fueled by dark web data, and there’s plenty for cybercriminals to choose from. A flood of records.
Russian hackers behind the massive SolarWinds hack broke into the email accounts of some of the most important US federal prosecutors
Every Insurance Broker I speak with typically has the same story: “we are on the cloud “, “I think we are good” or the famous “don’t they take care of security on the cloud” Chances are they didn’t read the fine print on the lengthy software service agreement, especially the part on how they’re not…
Has cybersecurity ever been more important than it is right now? What is a Data Breach? A data breach is any incident where confidential or personal information has been accessed without permission. Breaches are the result of a cyberattack where criminals gain unauthorized access to a computer system or network and steal the private, sensitive,…
A San Antonio school district has paid a ransom to hackers to regain control of its network in the latest ransomware attack on a local Texas government body. Judson ISD said it paid for access to its files but would not specify how much it cost, the San Antonio Express-News reports. The cyberattack took place…
