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Cyber Security

A Closer Look At Security Insurance

An inside look at a California-based engineering company defrauded by an online banking Trojan, automated clearing house transfers, East-coast based money mules. Yet the company was holding a cybersecurity insurance policy and looks to recover all of its stolen funds. Underground marketplace pricing on RDP server access, compromised payment card data and DDoS-For-Hire services are surging. A report on the underground economy finds that malicious actors are offering cloud-based troves of stolen data, accessible with handy tools to slice and dice what’s on offer.

Source: https://threatpost.com/closer-look-security-insurance-062310/74141/

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