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Flagstar Bank acknowledgment hackers gained access to customers' personal information is a recent of financial institutions becoming leading targets for cyber criminals.
CNA Financial paid $40 million to hackers Hackers used Phoenix Locker ransomware to encrypt CNA's systems CNA Financial paid $40 million to hackers To continue reading... Don't have an account? Computing helps IT leaders to make technology a revenue and innovation engine for their businesses. Our unique package of news and analysis enables you to discover what the smartest minds in the industry are doing and scan the horizon for what’s next REAL-TIME NEWS AND ANALYSIS: find out what’s happening and why in the technology space including news on your competitors and regulators – delivered...
HEADLINES & GLOBAL NEWS By May 21, 2021 12:52 AM EDT (Photo : Gerd Altmann/Pixabay) The CNA Financial Corp. paid $40 Million to hackers to regain access to their network last March; one more incident of increased intrusions into the US network that has yet to be addressed. Another cyberattack, another US company. In March, CNA Financial Corp., one of the most prominent insurance companies, was locked out of their network and had to pay $40 million to regain access, reported Bloomberg. According to two persons affiliated with the Chicago-based insurance firm wh...
CNA Paid $40 Million in Ransom After March Cyber Attack CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control of its network after a ransomware attack, according to people with knowledge of the attack. The Chicago-based company paid the hackers about two weeks after a trove of company data was stolen, and CNA officials were locked out of their network, according to two people familiar with the attack who asked not to be named because they weren’t authorized to discuss the matter publicly. In a statement, a CNA spokesperson s...
CNA Financial Paid $40 Million in Ransom After March Cyberattack By Kartikay Mehrotra and William Turton | May 21, 2021 CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control of its network after a ransomware attack, according to people with knowledge of the attack. The Chicago-based company paid the hackers about two weeks after a trove of company data was stolen, and CNA officials were locked out of their network, according to two people familiar with the attack who asked not to be named be...