MoneyGram now says customer data was impacted in security incident
It’s always risky to quickly claim that there’s no evidence that customer data has been compromised in a data breach incident because you may find out later that it has been. While MoneyGram confirmed a breach weeks ago, they were careful not to make any claims about whether customer data was impacted. Now there’s an […]

Severity of Ransomware Attacks Rose 68% in First Half of 2024, Report Shows
Claims Journal reports: Ransomware claims severity spiked by 68% to an average loss of $353,000, according to a new report by a cyber insurance provider. Coalition published its 2024 Cyber Claims Report: Mid-year Update, which details emerging cyber trends and their impact on policyholders through the first half of 2024. The frequency of using ransomware as […]