Monthly Archives: <span>August 2024</span>

CrowdStrike Rejects Delta Air Lines Claims Over Flight Woes

CrowdStrike on Sunday rejected a claim by Delta Air Lines that it should be blamed for flight disruptions following a July 19 global outage sparked by a faulty update, and suggested it had minimal potential liability. Delta CEO Ed Bastian …

U.S. Auto Safety Agency Says It’s Seeking Information on Fatal Tesla Cybertruck Crash

The National Highway Traffic Safety Administration said on Monday it was seeking more information about an accident involving Tesla’s Cybertruck from the electric vehicle maker. The driver of the electric pickup truck was declared dead as a result of the …

Ransomware Study: 78% of Attack Victims Paid Ransom and 74% Suffered Multiple Strikes

A survey of nearly 1,000 IT and security professionals shows numerous organizations were targeted by ransomware attacks in the past year with a high degree of success, with most paying a ransom—many of which paid multiple times. Semperis, a cyber …

Medical Worker Wants Home Insurance to Cover Her Against Patients’ Data Claims

A Connecticut clinical social worker believes her homeowners insurer should defend and indemnify her against claims she violated patients’ privacy by accessing and sharing their private medical information. She says the lawsuit against her triggers her homeowners coverage because the …

Hurricane Debby Threatens to Flood U.S. East After Hitting Florida

Hurricane Debby threatens to unleash days of heavy rain and flooding on the US East Coast after slamming into Florida near Tallahassee, knocking out power to thousands. As much as 12 inches (30 centimeters) will fall across a wide area …

Hawaiian Electric Settles Fire Claims as Part of $4 Billion Deal

Hawaiian Electric Industries Inc. has agreed to pay almost $2 billion as part of a $4 billion settlement to resolve hundreds of lawsuits over wildfires in Maui that killed dozens of people and destroyed the historic town of Lahaina last …

Microsoft Azure Attack Shows Persistence of Blunt Hacking Tool

The recent outage on Microsoft Corp.’s cloud-computer platform demonstrated the persistence of an older, blunt-force style of cyberattack. It’s called a distributed denial-of-service attack, DDoS for short, and it works by directing massive amounts of junk internet traffic at a …

Billions in Damages From CrowdStrike Outage to Go Uninsured

The vast majority of damages from last month’s CrowdStrike Holdings Inc.’s global IT outage will go uninsured, according to new estimates from Guy Carpenter and CyberCube Analytics Inc. The days-long cyberincident — which grounded planes, shuttered businesses and stopped markets …

Good Faith Claim Handling in Fraud Investigations

Insurance fraud is rampant. It is considered to be the second costliest white-collar crime in America after tax evasion, costing consumers an estimated $308.6 billion each year. It may involve outright fraud—such as a staged accident, arson, identity theft, contractor …

U.S. Expands Probe into Nearly 1 Million Dodge SUVs Over Door Locks

The National Highway Traffic Safety Administration on Friday upgraded and expanded its investigation into nearly 1 million Stellantis Dodge sport utility vehicles over faulty door locks and windows after a report of one death tied to the issue. In May …