Author: completebodyneeds

A Florida man who held himself out as a cyberattack solutions expert paid off the attackers while keeping much larger sums for himself—creating a piggy-back type of cyber fraud scheme, a grand jury said in an indictment. Zohar Pinhasi, the owner of the Miami-based MonsterCloud cyber security firm, was arraigned this week in New York after he was indicted on multiple fraud charges in September. “As alleged in the indictment, by falsely claiming to decrypt ransomware without paying off the ransomers, the defendant re-victimized his clients while extracting a hefty profit for himself,” U.S. Attorney Joseph Nocella Jr., said in…

Analysts at AM Best recently downgraded the Financial Strength Rating (FSR) to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb-” (Good) from “bbb” (Good) of Hanover Fire & Casualty Insurance Co in King of Prussia, Pennsylvania. AM Best also said it has maintained the under review with negative implications status for these credit ratings. AM Best said the ratings reflect Hanover’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The rating agency said the downgrades reflect its…

Thanks to the capabilities of artificial intelligence, trust is going to be an even more important component in the cybersecurity landscape. “The mantra moving forward is trust no one, verify everyone,” said Experian in its newly released 2027 Data Breach Industry Forecast: Consumers at Risk. The 14th installment of the annual report identified a more pronounced need for verification as AI’s rapidly growing ability to produce what seems to be real blurs the line of what actually is real. “Cybercriminals are using AI to improve social engineering attacks, while organizations are deploying AI across customer service, operations and business processes,”…

New York Attorney General Letitia James has added new allegations to a child safety lawsuit against TikTok Inc., accusing the platform of running secret experiments on teen users. The new claims are attributed to a Bloomberg Businessweek report, based on a confidential TikTok document, about an algorithmic test the company began in 2021 that impacted about 15 million US users, including one teen who died by suicide. For the experiment, TikTok withheld a new safety feature from 10% of US users in order to test whether the change reduced user time on the platform. “As a result, TikTok has subjected…

ASOS Plc said a recent data breach occurred when an “unauthorized party” impersonated a trusted contact to dupe an employee at the online fashion retailer into handing over log-in details for their work account. The hackers, calling themselves the Xuanye Group, then used those credentials to access information on certain third-party platforms used by ASOS, the UK company said Thursday in an update to customers. The affected platforms have been locked down and a full investigation has been launched, ASOS said, adding that the website and app remain safe to use. The hackers have access to some personal information, including…

The Canadian branch of the Weston family agreed on Wednesday to buy Britain’s Boots from Sycamore Partners and the Pessina family in an $8.9 billion deal, pledging to invest in the retailer’s stores and online and expand healthcare services. Wittington Investments Limited, the Weston holding company, said it would buy Boots’ retail operations in the UK and Ireland, Boots Opticians, No7 Beauty Company as well as its Thailand and franchised businesses. “Boots is one of Britain’s most enduring businesses, with a rich heritage, a trusted name and a vital role in everyday life across the UK and Ireland,” said Galen…

The suspect behind recent cyberattacks at South Korean banks was likely a China-based 26-year-old who used a Chinese-developed AI agent and Anthropic’s Claude Code, US cybersecurity company CrowdStrike said. In a report published on Wednesday, CrowdStrike said it believed the suspect was likely based in China’s Guangdong province after uncovering personal details linked to the suspected attacker while analyzing AI coding-tool sessions and infrastructure associated with the hacking campaign. At least nine South Korean banks have disclosed or have been reported by local media as having been targeted by cyberattacks since late September, prompting South Korean police to launch a…

Quandri introduces its first commercial lines workflow alongside expanded automation for client servicing and revenue growth VANCOUVER, British Columbia, October 8, 2026 – Quandri, the AI platform for insurance agencies and brokerages, has launched AI Workflows to automate operations across a P&C agency’s entire book. The release extends the platform beyond renewals into client servicing and revenue growth, and introduces Quandri’s first commercial workflow, a policy check-in. For decades, agencies have addressed operational pressure by adding more tools to manage their processes. Each layer sped up operations without removing a single task from an agent’s workload, and the resulting tool…

Private credit borrowers that loaded up on debt when interest rates were low could face refinancing pressure as they approach maturity, according to investors speaking at a forum in Singapore on Thursday. Loans borrowed in 2021 and 2022 are particularly vulnerable to refinancing risks because they were underwritten at a time when base rates were close to zero, said Steve Kuppenheimer, partner and head of private investments at Lord, Abbett & Co. These older facilities could come under greater stress and face a higher risk of default as they approach maturity, he said on a panel at the Milken Asia…

Mutual drone attacks by Russia and Ukraine this year have gradually spread across the economy, from energy facilities and refineries to ports and vessels carrying oil and grain, e-commerce warehouses and, most recently, data centers. Russia has conducted a strike campaign on Ukrainian data centers and telecommunications infrastructure over the past month, including targets in central Kyiv. Yandex said the attack on its Sasovo hub, one of its five large data centers, caused a fire and forced it to suspend operations at the site, which hosts tens of thousands of servers. It said it was restoring affected services. The company,…