Tag: insurance
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Former Google DeepMind engineer behind Simular says other AI agents are doing it wrong
Simular is starting with industries like insurance and healthcare with tons of forms to fill First seen on theregister.com Jump to article: www.theregister.com/2025/07/15/simular_ai_agent_reinforcement/
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How defenders use the dark web
Tags: access, antivirus, attack, breach, corporate, credit-card, crypto, cyber, cybercrime, dark-web, data, data-breach, email, extortion, finance, fraud, government, group, hacker, healthcare, identity, incident, insurance, intelligence, Internet, interpol, law, leak, lockbit, mail, malware, monitoring, network, phishing, ransom, ransomware, service, software, theft, threat, tool, usa, vpnAttributing attacks to threat actors: When organizations suffer from data breaches and cyber incidents, the dark web becomes a crucial tool for defenders, including the impacted businesses, their legal teams, and negotiators.Threat actors such as ransomware groups often attack organizations to encrypt and steal their data so they can extort them for money, in exchange…
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As Cyber-Insurance Premiums Drop, Coverage Is Key to Resilience
Cyber-insurance premiums continue to decline from their explosive growth from 2020 to 2022, but coverage is more important than ever to manage risks, experts say. First seen on darkreading.com Jump to article: www.darkreading.com/vulnerabilities-threats/cyber-insurance-premiums-drop-coverage-key-resilience
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Why Scattered Spider Persists as Major Threat to Insurers
Cybercrime gang Scattered Spider is the top suspect in several recent cyberattacks in the U.S. insurance sector, and it’s likely that threat actors could still be lurking in other insurers’ IT environments, said Peter McMurtrie of consulting firm West Monroe. First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/interviews/scattered-spider-persists-as-major-threat-to-insurers-i-5487
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Why Scattered Spider Persists as Major Threat to Insurers
Cybercrime gang Scattered Spider is the top suspect in several recent cyberattacks in the U.S. insurance sector, and it’s likely that threat actors could still be lurking in other insurers’ IT environments, said Peter McMurtrie of consulting firm West Monroe. First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/interviews/scattered-spider-persists-as-major-threat-to-insurers-i-5487
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Nearly 300,000 people were impacted by cyberattack on Nova Scotia Power
An investigation revealed that hackers had access to the utility’s critical systems, allowing them to steal sensitive information like driver’s license numbers, Canadian Social Insurance information and bank account details. First seen on therecord.media Jump to article: therecord.media/thousands-impacted-cyber-nova-scotia
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Young Consulting finds even more folks affected in breach mess now over 1 million
The insurance SaaS slinger may trade under a different name, but past continues to haunt it First seen on theregister.com Jump to article: www.theregister.com/2025/07/03/young_consulting_breach_million/
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India’s Max Financial says hacker accessed customer data from its insurance unit
The insurance giant is one of the largest insurers in India. First seen on techcrunch.com Jump to article: techcrunch.com/2025/07/02/indias-max-financial-says-hacker-accessed-customer-data-from-its-insurance-unit/
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Ransomware Reshaped How Cyber Insurers Perform Security Assessments
Cyber insurance companies were forced to adapt once ransomware skyrocketed and highlighted crucial security weaknesses among organizations in all sectors. First seen on darkreading.com Jump to article: www.darkreading.com/cybersecurity-operations/ransomware-reshaped-how-cyber-insurers-perform-security-assessments
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Kelly Benefits says 2024 data breach impacts 550,000 customers
Kelly & Associates Insurance Group (dba Kelly Benefits) is informing more than half a million people of a data breach that compromised their personal information. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/kelly-benefits-says-2024-data-breach-impacts-550-000-customers/
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FBI Warns of Health Insurance Scam Stealing Personal and Medical Data
The Federal Bureau of Investigation (FBI) has issued a warning about a scam where criminals pretend to be… First seen on hackread.com Jump to article: hackread.com/fbi-warns-health-insurance-scam-steal-medical-data/
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FBI, cybersecurity firms say a prolific hacking crew is now targeting airlines and the transportation sector
The fresh wave of attacks targeting airlines comes soon after the hackers hit the U.K. retail sector and the insurance industry. First seen on techcrunch.com Jump to article: techcrunch.com/2025/06/28/fbi-cybersecurity-firms-say-scattered-spider-hackers-now-targeting-airlines-transportation-sector/
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Scattered Spider hackers shift focus to aviation, transportation firms
Hackers associated with Scattered Spider tactics have expanded their targeting to the aviation and transportation industries after previously attacking insurance and retail sectors First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/scattered-spider-hackers-shift-focus-to-aviation-transportation-firms/
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First-ever cyber insurance premium decline recorded last year
First seen on scworld.com Jump to article: www.scworld.com/brief/first-ever-cyber-insurance-premium-decline-recorded-last-year
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3 key takeaways from the Scattered Spider attacks on insurance firms
Identity is the new battleground”, and Scattered Spider exploits it. Join Push Security to unpack how identity-based attacks are reshaping the threat landscape, and how to defend against MFA bypass, help desk scams, and more. Watch the webinar now. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/3-key-takeaways-from-the-scattered-spider-attacks-on-insurance-firms/
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Cyber insurers adding to MSP challenges
The prospect that some managed service providers could fall foul of the needs of the insurance industry is a concern raised by Canalys First seen on computerweekly.com Jump to article: www.computerweekly.com/microscope/news/366626581/Cyber-insurers-adding-to-MSP-challenges
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Bankers Association’s Attack on Cybersecurity Transparency
Tags: attack, awareness, banking, breach, ciso, control, cybersecurity, data, extortion, finance, group, incident response, infrastructure, insurance, law, malicious, ransomware, riskA coalition of banking industry associations, including SIFA, the American Bankers Association (ABA), Bank Policy Institute (BPI), and several other lobbying groups have made a disgraceful appeal to the SEC to eliminate the rule requiring public disclosure of material cybersecurity incidents within four days of detection. This rule was established to ensure shareholders are properly…
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Hacker Who Stole Lawmaker Data From Insurance Market Charged
‘IntelBroker’ Faces Four-Count Indictment in Manhattan Federal Court. A hacker known online as IntelBroker and who has a history of spilling sensitive information faces a four-count criminal indictment in the United States after French police arrested him in February. IntelBroker’s true identity is British national Kai West, U.S. federal Manhattan prosecutors said. First seen on…
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Clearspeed Raises $60M to Scale AI Voice-Based Risk Platform
Voice Analytics Firm to Expand Footprint in Finance, Defense and Insurance. Clearspeed will use its $60 million raise to build out teams and technology as it scales its AI-powered voice screening platform across finance, insurance and security sectors. CEO Alex Martin said the firm aims to double revenue and push into conservative sectors seeking AI-powered…
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Cyber insurance premiums drop for first time, report finds
Despite a decline in both premiums and prices, the market continues to be profitable. First seen on cybersecuritydive.com Jump to article: www.cybersecuritydive.com/news/cyber-insurance-premiums-decline-am-best-report/751474/
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Cyber insurance premiums drop for first time, new report finds
Despite a decline in both premiums and prices, the market continues to be profitable. First seen on cybersecuritydive.com Jump to article: www.cybersecuritydive.com/news/cyber-insurance-premiums-decline-am-best-report/751474/
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Infecting insurance firms with ransomware… for dummies
Is it any wonder that ransomware gangs are targeting cyberinsurance companies? There is *so* much valuable data to steal, which can help them earn even more money from more victims. First seen on grahamcluley.com Jump to article: grahamcluley.com/infecting-insurance-firms-with-ransomware-for-dummies/
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HHS, Insurers Pledge to Simply Preauthorization Processes
Frustrations Over Preauthorization Denials Have Led to ‘Violence in Streets’. A dozen health insurance giants that provide coverage for about 80% of Americans with Medicare, Medicaid and commercial plans have agreed to work the U.S. Department of Health and Human Services to voluntarily streamline and improve their preauthorization processes. First seen on govinfosecurity.com Jump to…
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US insurance giant Aflac says customers’ personal data stolen during cyberattack
The U.S. insurance giant provides supplemental insurance to around 50 million customers. First seen on techcrunch.com Jump to article: techcrunch.com/2025/06/23/us-insurance-giant-aflac-says-customers-personal-data-stolen-during-cyberattack/
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US insurance giant Aflac says customers’ personal data stolen during cyberattack
The U.S. insurance giant provides supplemental insurance to around 50 million customers. First seen on techcrunch.com Jump to article: techcrunch.com/2025/06/23/us-insurance-giant-aflac-says-customers-personal-data-stolen-during-cyberattack/
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Scattered Spider Targets Aflac, Other Insurance Companies
The prolific Scattered Spider threat group, which recently targeted U.S. and UK retailers in a series of attacks, is now turning its attention to the insurance industry and appears to have landed a big victim in Aflac after compromising networks and systems of the Philadelphia Insurance and Erie Insurance companies. First seen on securityboulevard.com Jump…
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Scattered Spider Behind Cyberattacks on M&S and Co-op, Causing Up to $592M in Damages
The April 2025 cyber attacks targeting U.K. retailers Marks & Spencer and Co-op have been classified as a “single combined cyber event.”That’s according to an assessment from the Cyber Monitoring Centre (CMC), a U.K.-based independent, non-profit body set up by the insurance industry to categorize major cyber events.”Given that one threat actor claimed responsibility for…

