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Ransomware attacks, human error as main cause of cloud data breaches in India and worldwide: Report

Ransomware attacks, human error as main cause of cloud data breaches in India and worldwide: Report

by AIP Online Bureau | Apr 19, 2023 | Facts, Non-Life, Reinsurance, Technology

More than a third (38 per cent) of respondents in India (37 per cent globally) have experienced a data breach in the past 12 months, including 23 per cent (22 per cent globally) reporting that their organisation had been a victim of a ransomware attack Respondents...

Sun Pharma’s income hit by ransomware

by AIP Online Bureau | Mar 27, 2023 | Indian News, Non-Life, Reinsurance, Risk Management

While the drugmaker is unable to determine other impacts of the breach, including cost to maintain insurance coverage and possibility of litigation, it said there would be expenses linked to the incident. Mumbai: Sun Pharmaceutical Industries expects revenue to fall...
Ransomware attack on AIIMS a conspiracy, planned by forces that are significant: MoS IT Chandrasekhar

Ransomware attack on AIIMS a conspiracy, planned by forces that are significant: MoS IT Chandrasekhar

by AIP Online Bureau | Dec 3, 2022 | Indian News, Risk Management, Technology

Minister of State for Electronics and IT Rajeev Chandrasekhar ”It is clearly a conspiracy and it has been planned by forces that are pretty significant. It is a sophisticated ransomware attack. We will wait for the outcome of CERTin and NIA (National...

Abortions, drug use exposed in cyberattack on Australian health insurer Medibank

by AIP Online Bureau | Nov 15, 2022 | Eco/Invest/Demography, Health, International News, Non-Life

Following through on a threat, the hackers began publishing the most private medical details of some of Medibank’s customers, including terminated pregnancies, treatment for drug and alcohol addiction and heart attacks, according to a cybersecurity analyst, victims...

Cyber officials from 37 countries, 13 companies to meet on ransomware in Washington

by AIP Online Bureau | Oct 31, 2022 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Technology

One key topic for discussion will be how to disrupt such attacks, counter the illicit movement of cryptocurrencies and build resilience against such attacks, the official said The White House hopes the meeting will allow participating countries to “institute a...
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