Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Attacks/Breaches

8/22/2018
12:00 PM
50%
50%

New Insurance Product Adds Coverage for Cryptomining Malware Losses

Product also covers all forms of illicit use of business services, including toll fraud and unauthorized use of cloud services.

Hijacking systems to mine cryptocurrency is a growing IT security issue. Now a cyber insurance company has announced an insurance product to protect organizations against the crime.

San Francisco-based Coalition's Service Fraud coverage reimburses organizations for direct financial losses from charges incurred through fraudulent use of software-as-a-service (SaaS), infrastructure-as-a-service (IaaS), network-as-a-service (NaaS), and telephony services, among other business services. The coverage isn't limited to cryptomining incidents, though. It also covers all forms of illicit use of services including toll fraud and unauthorized use of cloud services.

In announcing Service Fraud, Coalition cited Check Point research that shows 42% of organizations were impacted by cryptomining malware in the first half of 2018, an increase from 20.5% from the previous six months.

Read here for more.

 

Learn from the industry's most knowledgeable CISOs and IT security experts in a setting that is conducive to interaction and conversation. Early bird rate ends August 31. Click for more info

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
More SolarWinds Attack Details Emerge
Kelly Jackson Higgins, Executive Editor at Dark Reading,  1/12/2021
Vulnerability Management Has a Data Problem
Tal Morgenstern, Co-Founder & Chief Product Officer, Vulcan Cyber,  1/14/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
2020: The Year in Security
Download this Tech Digest for a look at the biggest security stories that - so far - have shaped a very strange and stressful year.
Flash Poll
Assessing Cybersecurity Risk in Today's Enterprises
Assessing Cybersecurity Risk in Today's Enterprises
COVID-19 has created a new IT paradigm in the enterprise -- and a new level of cybersecurity risk. This report offers a look at how enterprises are assessing and managing cyber-risk under the new normal.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-20619
PUBLISHED: 2021-01-19
Cross-site scripting vulnerability in GROWI (v4.2 Series) versions prior to v4.2.3 allows remote attackers to inject an arbitrary script via unspecified vectors.
CVE-2020-29450
PUBLISHED: 2021-01-19
Affected versions of Atlassian Confluence Server and Data Center allow remote attackers to impact the application's availability via a Denial of Service (DoS) vulnerability in the avatar upload feature. The affected versions are before version 7.2.0.
CVE-2020-36192
PUBLISHED: 2021-01-18
An issue was discovered in the Source Integration plugin before 2.4.1 for MantisBT. An attacker can gain access to the Summary field of private Issues (either marked as Private, or part of a private Project), if they are attached to an existing Changeset. The information is visible on the view.php p...
CVE-2020-36193
PUBLISHED: 2021-01-18
Tar.php in Archive_Tar through 1.4.11 allows write operations with Directory Traversal due to inadequate checking of symbolic links, a related issue to CVE-2020-28948.
CVE-2020-7343
PUBLISHED: 2021-01-18
Missing Authorization vulnerability in McAfee Agent (MA) for Windows prior to 5.7.1 allows local users to block McAfee product updates by manipulating a directory used by MA for temporary files. The product would continue to function with out-of-date detection files.