Cyber attacks are on the rise, and two of the UK’s most familiar high street names, Marks & Spencer and the Co-op Group, have just been caught in the crossfire. These incidents serve as a stark reminder that no organisation, regardless of size or reputation, is immune to today’s evolving cyber threats. What happened? Over … Read more
COMMENTARY: In recent weeks, three major UK retailers have fallen victim to ransomware attacks, with the DragonForce group claiming responsibility.And just yesterday, one of the three, Marks & Spencer, disclosed that its customer data was stolen in a cyberattack three weeks ago.These incidents are not isolated or coincidental—they reveal a trend that could turn global.As … Read more
Ocean Harbor Insurance Group has successfully priced its debut catastrophe bond with the Oceanside Re Ltd. (Series 2025-1) issuance set to provide the targeted $75 million of collateralized multi-year catastrophe reinsurance for named storm and severe weather risks in the state of New York.Ocean Harbor entered the catastrophe bond market as a first time sponsor … Read more
A new phishing-as-a-service (PhaaS) kit known as “SessionShark” targets Microsoft Office 365 accounts and claims to enable multi-factor authentication (MFA) bypass while evading common detection methods, SlashNext reported in a blog post Thursday.SessionShark allegedly serves as an adversary-in-the-middle (AiTM) tool that intercepts login credentials and user session tokens, the latter of which can be used … Read more
The threat actor known as Paper Werewolf has been observed exclusively targeting Russian entities with a new implant called PowerModul. The activity, which took place between July and December 2024, singled out organizations in the mass media, telecommunications, construction, government entities, and energy sectors, Kaspersky said in a new report published Thursday. Paper Werewolf, also … Read more