LONDON, July 1 (Reuters) – Cyber insurance premiums are falling globally as businesses become more adept in curbing their losses from cyber crime, even as ransomware attacks are rising, broker Howden said in a report on Monday.Insurance premiums to protect companies against cyber attacks rocketed in 2021 and 2022, as the COVID-19 pandemic drove cyber […]
A new ransomware-as-a-service (RaaS) called Eldorado emerged in March and comes with locker variants for VMware ESXi and Windows. The gang has already claimed 16 victims, most of them in the U.S., in real estate, educational, healthcare, and manufacturing sectors. Researchers at cybersecurity company Group-IB monitored the Eldorado’s activity and noticed its operators promoting the malicious service on […]
July 3 (Reuters) – Ford (F.N), opens new tab on Wednesday joined Detroit peer General Motors (GM.N), opens new tab in reporting slower sales growth for the second quarter as the U.S. auto industry reels from a cyberattack that impaired a key software system used across dealerships.The outage at CDK in late June, a crucial selling period, took down […]
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