data News

London Hospitals Knew of Cyber Vulnerabilities Years Before Hack

A group of London hospitals struggling to contain the fallout from a cyberattack against a critical supplier had known for years about weaknesses that left them vulnerable to hacks, according to documents reviewed by Bloomberg News. The Guy’s and St …

Snowflake to Close Probe into Cyberattack Targeting Clients

Snowflake Inc. plans to close its own investigation this week into a hacking campaign that ensnared as many as 165 of its customers. The cloud data and analytics company hasn’t detected any unauthorized access into customer accounts since early last …

$1.3B U.K. Lawsuit Accuses Amazon of Misusing Small Sellers’ Data

Amazon is facing a one billion-pound ($1.3 billion) collective lawsuit from British retailers who allege that the online marketplace misused their data to boost its own market share and profits. The British Independent Retailers Association (BIRA), an umbrella body grouping …

Cantor Fitzgerald Accuses Data Firm of ‘Extortion’ in Lawsuit

Cantor Fitzgerald sued the firm that hosts some of its “most critical and sensitive data,” claiming IT Convergence Inc. tried to “extort” money from it. According to a lawsuit filed Wednesday in New York state court, Cantor sought to migrate …

US Cyber Agency Warns of Compromise at Sisense Data Firm

The US lead agency for federal cybersecurity is warning that Sisense Inc., a data analytics company, has suffered a compromise that could expose customer credentials and cryptographic secrets. Sisense provides AI-driven analytics to thousands of customers, according to the company’s …

How Do Insurers Define Systemic Cyber Risk?

Systemic cyber risk is being discussed as a growing concern for insurers as technology advances and interconnectivity increases, but how is this risk defined? That may be one of its gray areas. “As you go through different owners of risk …

How Pixel Tracking Influences Claims and Underwriting in the Digital Marketing Age

Pixel tracking stands at the forefront of digital marketing innovation and is a key tool for understanding user behavior and optimizing marketing strategies. Yet, this powerful technology demands responsible use, especially considering the liability and insurance implications it brings. Understanding …

Russia’s LockBit Disrupted But Not Dead, Hacking Experts Warn

Two arrests. Twenty-eight servers seized. And 1,000 decryption keys obtained that can help hacking victims worldwide get their data back. The takedown announced Tuesday of the Russia-linked hacking gang LockBit, which by some estimates has been responsible for a quarter …

Prudential Reports Unauthorized Access to Its Computer Systems

Prudential Financial has disclosed a hacker gained unauthorized access to its systems earlier this month. In a Feb. 13 filing with the U.S. Securities and Exchange Commission, Prudential said that on Feb. 5 it detected a threat actor — believed …

Viewpoint: Prevention and Mitigation of Business Interruptions After Cyber Attacks

The modern security ecosystem is diverse and ever-changing, a place where cyber risk is top of mind for leaders at all levels, and threats to information / data security and privacy evolve at the speed of the technical innovations driving …