Uber confirms hack in the latest access and identity nightmare for corporate America
Source: SC Media
Ride-share company Uber confirmed it was hacked in what appears to be a damaging compromise that includes both internal systems and the company’s accounts for multiple third-party services.
Businesses can expect to pay more for cyber insurance by 2025
Source: SC Media
A report by Fitch Ratings on Wednesday may bode well for cyber insurers, but businesses and their security organizations can expect to pay more for cyber insurance in the years ahead.
Fitch said cyber insurers will likely fare well in the next few years given meaningful price increases and tighter underwriting standards. However, Fitch noted that losses in the cybersecurity segment will remain more volatile than other insurance products.
Business Email Compromise: Secret Service on How to Respond
Source: Data Breach Today
Federal Law Enforcement Agents Offer Tips on Improving Detection, Rapid Response. Ransomware gets the headlines, and phishing sets off the most alerts, but business email compromise costs enterprises the most - more than $43 billion since 2016. U.S. Secret Service agents Stephen Dougherty and Michael Johns discuss the criticality of rapid detection and response.
Texas Hospital Still Struggling Through Ransomware Attack
Source: Data Breach Today
Attackers Demand 'Tens of Millions Dollars' as Entity Is 'Walled Off From World'. Texas' last independent nonprofit medical center is struggling to bring itself back online two weeks after a ransomware attack involving cybercriminals who want a payoff in the tens of millions of dollars.
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