Property & Casualty

Webinar: 2022 Cyber Risks - Preparing & Protecting Your Business

When: June 22, 2022 | 11AM - 12PM EST

Click Here to Register

Description:

Cybercrime will cost companies worldwide an estimated $10.5 trillion annually by 2025. According to Accenture’s Cost of Cybercrime Study, 43% of cyber-attacks are aimed at small and medium-sized businesses, but only 14% are prepared to defend themselves. Join Capstone x ITDATA on Wednesday, June 22nd from 11-12pm to learn best practices for defending your organization against cybercrime, as well as an update on the cyber-insurance marketplace and bridging the gap between cyber security and cyber insurance.

Hackers Accessed Car Owners’ Personal Information in General Motors Credential Stuffing Attack

American automaker General Motors (GM) disclosed that it suffered a credential stuffing attack in April 2022.

According to a data breach notification filed with California’s Attorney General, the attackers accessed customers’ personally identifiable information (PII) and redeemed reward points for gift cards.

The company also clarified that the attack did not expose customers’ financial information such as credit card and social security numbers, bank account information, driver’s license numbers, and birth dates.

General Motors detected malicious login activity to customers’ accounts between April 11 and April 29.

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Cyber breach in N.J. town affects personal info of more than 900 people, official says

More than 900 people have had their personal information compromised — potentially including their birth date, driver’s license, and social security number — following a cyber breach in East Windsor in late February, officials confirmed Wednesday.

Not everyone had each piece of info leaked, but “between 900 and 1,000″ people had at least one aspect of their personal info breached, township manager Jim Brady told NJ Advance Media.

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Portland lost $1.4M in a ‘cybersecurity breach

City officials realized on May 17 that there had been a breach; incident has been reported to the FBI and others

Officials with the city of Portland say they’ve lost $1.4 million due to a “cybersecurity breach.”

City officials recently learned of a “fraudulent financial transaction” that occurred late last month, according to a press statement issued Friday afternoon by the city’s Office of Management and Finance. City officials realized there had been a breach after another attempt was made on May 17.

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