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Ransomware Hackers Stole More Than $1 Billion in 2023

Ransomware gangs stole more than $1 billion in 2023, the largest amount ever recorded, according to a report published Wednesday by blockchain analysis firm Chainalysis Inc. With ransomware hacks, cybercriminals block access to a victims’ data or files until they … Source: Claims Journal

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Apple Defeats Khosla-Backed AliveCor Suit Over Watch Tech

Apple Inc. won’t have to face a lawsuit alleging its smartwatch copied heart-monitoring technology from a Khosla Ventures LLC-backed startup, AliveCor, a federal judge ruled. US District Judge Jeffrey White in Oakland, California, entered a judgment Tuesday in favor of … Source: Claims Journal

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Chinese Ships Get Cheaper Insurance to Navigate Red Sea

Chinese-owned merchant ships are getting hefty discounts on their insurance when sailing through the Red Sea, another sign of how Houthi attacks in the area are punishing the commercial interests of vessels with ties to the west. The militants began … Source: Claims Journal

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