by AIP Online Bureau | Sep 24, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
Ransomware gangs routinely publicise attacks and leak stolen data on dark web “leak sites” but websites that monitor those portals had not, as of Wednesday, detected any group claiming the hack. LONDON: British police said on Wednesday a man had been...
by AIP Online Bureau | Jul 31, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology
The attack affected C-Edge Technologies, a provider of banking technology systems to small banks across the country, they said MUMBAI: A ransomware attack on a technology service provider has forced payment systems across nearly 300 small Indian local banks to shut...
by AIP Online Bureau | Jul 5, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology
The Nagoya port authority said Russia-based ransomware group Lockbit 3.0 was responsible for the hack, Kyodo News reported Wednesday Recent data breaches often involve “double extortion” in which a ransom is demanded for the recovery of stolen information as well as...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
Ransomware attacks soared last year, pushing demand for coverage after the pandemic-induced work-from-home era also made remote workers more vulnerable to digital attacks. Those attacks also spurred companies and individuals to adopt more robust cybersecurity measures...
by AIP Online Bureau | Nov 2, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
In analysis issued in response to the increase in number and severity of ransomware attacks against critical infrastructure in the United States since late 2020, the U.S. Financial Crimes Enforcement Network (FinCEN) said it had received 1,489 ransomware-related...