The Accellion FTA Vulnerability—What’s Happening and How Should Cyber Insurance Respond
You may have read recent reports about the 20-year old Accellion File Transfer Appliance (FTA) and the crime actors exploiting significant security vulnerabilities. These attacks have impacted businesses of varying sizes in countries around the globe with reports including Kroger Co., the law firm Jones Day, the State of Washington, the Reserve Bank of New Zealand, and Singtel (Singapore Telecommunications). Security […]
Ransomware-as-a-Service and Other Ransomware Trends
Ransomware attacks are on the rise. More than 50% of all malware attacks are ransomware specific, meaning they will demand a ransom in exchange for your data or information. And there’s no sign of crime actors slowing down. In fact, since the beginning of the COVID-19 pandemic, attacks have increased 630%. Healthcare records are reportedly bought and […]
3 New Nefilim Attacks—What You Need to Know
Attacks have been reported on three new victims from the well-known Nefilim crime actors. The victims in the latest round of attacks include Spirit Airlines (a $3 billion airline), Vitro (a leading glass manufacturer in North America), and Grimmway Farms (a global producer of carrots). Publication of these attacks in the past has indicated a failure to pay a ransom demand. […]
Microsoft Exchange Zero-Day Vulnerability Exposes Companies Globally
Criminal and nation-state actors are exploiting at least four new zero-day vulnerabilities in Microsoft Exchange Server. Patches were released earlier this month, but not after months of active exploitation by a number of threat actors. Volexity and Microsoft report that a group known as “Hafnium” (allegedly affiliated with the Chinese government) were behind a number […]
Steve Anderson Joins Measured Insurance as Chief Underwriting Officer
SALT LAKE CITY, Utah Measured Insurance, a cyber-focused MGA bridging the gap between technology and insurance, is excited to announce Steve Anderson has joined the executive team as the Chief Underwriting Officer. Steve has been a visionary, thought leader, and national speaker in the cyber insurance market for almost 20 years and brings with him […]
