The Source for Cyber Insurance News, Insights and Data
AI-built ransomware is one of the most talked-about fears in cyber risk. SOCRadar’s researchers found a working example with the lights on and published what they saw. The AI wrote the tools. Weak and stolen passwords opened every door SOCRadar could trace. Credit to SOCRadar‘s Threat Research Unit. In September, it found a server left … Read more
Cyber insurers have started asking about offboarding on their applications, says Sagiss president Travis Springer. His company’s survey suggests why. Of 1,000 US adults who left a job, 79% said a work account kept working after their last day. “When we see new questions added to insurance applications, it is in response to an increase … Read more
One backup product was attacked about four days before its complete fix shipped. Attackers move within hours to days of disclosure, says Bitdefender’s Richard De La Torre. He spoke with Cyber Insurance News as Bitdefender launched a tool to map weak spots inside the network. Bitdefender launched GravityZone Exposure Management on Oct. 27. It finds … Read more
An attacker used a two-person firm’s legitimate access to Denmark’s ID register. It pulled names, addresses, and ID numbers on about 8.8 million people. An unusually large bill raised the alarm. I asked Raj Ananthanpillai, CEO of identity company Trua, who failed and who should pay. Denmark’s Central Person Register, known as CPR, gives every … Read more
Identity verification firm Shufti projects document deepfakes will rise about 40-fold this year. That would make fake documents about four in five of the AI fraud attempts it blocks. I asked CTO Faryam Asif what sits behind the number. Document deepfakes are the fastest-growing type of AI fraud that Shufti blocks. They are identity documents … Read more