Zurich-based Perils and CyberAcuView have launched a US-focused Cyber Industry Loss Index to track losses resulting from systemic cyber incidents. The index, which includes events exceeding a $500m loss, aims to bolster capital flow in the cyber insurance market. The data gathered will support the future development of cyber risk models, according to Luzi Hitz, CEO of Perils.
Lazarus Group’s Cryptocurrency Holdings Plummet to $47 Million Amid Heightened Cybersecurity Concerns
North Korea’s Lazarus Group’s cryptocurrency holdings have dwindled to $47m, with most of their digital wealth held in Bitcoin. Their stash has significantly decreased from
