Cyber Risk News

Toyota Blames Human Error for Leak of Vehicle Data of 2 Million Users in Japan

Toyota Motor Corp. said on Friday the vehicle data of 2.15 million users in Japan, or almost the entire customer base who signed up for its main cloud service platforms since 2012, had been publicly available for a decade due …

DC Health Link Data Breach Blamed on Human Error

The recent data breach of personal information for thousands of users of Washington D.C.’s health insurance exchange, including members of Congress, was caused by basic human error, according to a top administrator. The revelation came from prepared statements submitted in …

Massachusetts Man Sentenced in Business Email Compromise Scheme

A Framingham, Massachusetts man was sentenced this week for his role in a business email compromise (BEC) scheme. Gustaf Njei was sentenced by U.S. District Court Chief Judge F. Dennis Saylor IV to 27 months in prison and two years …

Spyware Hacks of Federal Workers Could Run Into Hundreds, Lawmaker Says

A US government probe into how many mobile phones belonging to diplomats and government workers have been infected with spyware could “easily run to the hundreds,” according to a member of the House Intelligence Committee. Jim Himes, a Democrat representative …

North Korean Cyber Spies’ New Tactic: Tricking Experts Into Writing Research for Them

When Daniel DePetris, a U.S.-based foreign affairs analyst, received an email in October from the director of the 38 North think-tank commissioning an article, it seemed to be business as usual. It wasn’t. The sender was actually a suspected North …

U.S. Official Sees More Aggressive Cybersecurity Threats From Russia, China etc.

Secretary of Homeland Security Alejandro Mayorkas said the US has observed growing cybersecurity threats both at home and throughout Asia, and is warning against activity coming from Russia, China, North Korea and Iran. “Malicious activity from the PRC is a …

Cyber Threats Still No. 1 Business Concern: 2022 Travelers Risk Index

Cyber threats were the top concern for business decision-makers for the third time in four years, according to the 2022 Travelers Risk Index. Cyber threats were chosen as a top concern by 59% of respondents, followed by broad economic uncertainty …

Asset Manager Lombard Odier Adds ESG Screens After ‘Shocking’ Cyber Report

Lombard Odier Investment Managers said the “shocking” results of an analysis into cybersecurity risks lurking in portfolio companies have led it to apply ESG processes far more broadly to protect its funds from losses. The Swiss asset manager is now …

‘BazarCall’ Malware Uses Call Centers to Target Small Businesses: CFC

CFC, a specialist insurance provider and market leader in cyber, warned brokers and their clients today of an emerging method of ransomware attack – dubbed ‘BazarCall’ – which is targeting small businesses. According to CFC’s in-house cyber threat analysis team …

Cyber Pirates Prowling Ship Controls Threaten Another Big Shock

In February 2019, a large container ship sailing for New York identified a cyber intrusion on board that startled the US Coast Guard. Though the malware attack never controlled the vessel’s movement, authorities concluded that weak defenses exposed critical functions …