Russia’s 2nd-Largest Insurer Rosgosstrakh Hacked; 400GB of Data Sold Online

By Waqas The hackers are selling the trove of data for $50,000 in Bitcoin BTC or Monero XMR cryptocurrency. This is a post from HackRead.com Read the original post: Russias 2nd-Largest Insurer Rosgosstrakh Hacked; 400GB of Data Sold Online...

Data Breach at MCNA Dental Insurer Impacts 9 Million Users

By Habiba Rashid The hackers managed to steal highly sensitive data in the data breach, including Social Security numbers, names, addresses, phone numbers, email addresses, and more. This is a post from HackRead.com Read the original post: Data Breach at MCNA Dental Insurer Impacts 9 Million User...

Ransomware Gang Leaks Medibank Data on Dark Web

By Habiba Rashid The leak came just days after Medibank, Australia’s largest health insurer, refused to pay ransom to hackers. This is a post from HackRead.com Read the original post: Ransomware Gang Leaks Medibank Data on Dark Web...

Do You Have Ransomware Insurance? Look at the Fine Print

Insurance exists to protect the insured party against catastrophe, but the insurer needs protection so that its policies are not abused – and that's where the fine print comes in. However, in the case of ransomware insurance, the fine print is becoming contentious and arguably undermining the...

Chinese Hackers Behind 2015 Anthem Data Breach Indicted

Two Chinese nationals have been charged in the massive 2015 data breach of health insurer Anthem that impacted more than 78 million people. Fujie Wang, 32, and another Chinese man, who remains unnamed, were allegedly part of a China-based hacking group that was behind the breach of Indiana-based...

Cyber Insurance Rates to Rise – What Should I Do?

Organizations manage risk in three ways: they accept it, they take out insurance against it, or they take active measures to diminish its potential impact. These active measures commonly include deploying or enhancing or removing technology, updating policies and procedures, instituting training...

Anthem Hack May Implicate 18 Million Non-Customers

In addition to roughly 80 million Anthem customers, nearly 20 million more individuals who aren’t customers of the health insurer could ultimately wind up implicated in this month’s massive data breach. The company disclosed yesterday that between 8.8 million and 18.8 million Blue Cross Blue Shie...