June 13, 2024 at 05:17PM In 2023, cyber-insurance claims hit a new high, with over 1,800 claims from the US and Canada. The surge was attributed to more complex cyberattacks, increased privacy claims, a rise in organizations purchasing cyber insurance, and the MOVEit file transfer supply chain breach. Healthcare had the highest claims at 17%, … Read more
May 8, 2024 at 10:06AM The University System of Georgia confirmed a data breach involving 800,000 individuals, linked to the Cl0p gang’s exploitation of a flaw in Progress Software’s MOVEit MFT tool. Personal data including social security numbers and bank account numbers may have been accessed. USG has taken steps to secure its systems and … Read more
January 29, 2024 at 10:06AM The rise of cloud migration, AI, and machine learning has accelerated data usage and storage, prompting heightened awareness of data security in 2023. Notably, the MOVEit breach affected over 62 million individuals, while the Indian Council of Medical Research and 23andMe breaches exposed significant data and heightened sensitivity. Accountability and … Read more
November 10, 2023 at 02:16PM A group of cybercriminals exploited a vulnerability in the MOVEit file-transfer tool, gaining access to files belonging to the State of Maine. The breach exposed information on 1.3 million individuals, including names, Social Security numbers, dates of birth, and more. The state has implemented security measures and is offering credit … Read more