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Large-Scale Credential Theft Escalates, Threat Actors Pivot to Stealthier Tactics: IBM X-Force Threat Index 2025 0

Large-Scale Credential Theft Escalates, Threat Actors Pivot to Stealthier Tactics: IBM X-Force Threat Index 2025

Nearly half of all cyberattacks resulted in stolen data or credentials Identity abuse was the preferred entry point Asia Pacific represented more than one-third of attacks in 2024 Armonk, NY (Apr. 30, 2025) – IBM is pleased to announce the release of its 2025 X-Force Threat Intelligence Index, highlighting that cybercriminals continued to pivot to stealthier tactics, with lower-profile credential theft spiking, while ransomware attacks on enterprises declined. IBM X-Force observed an 84% increase in emails delivering infostealers in 2024 compared to the prior year, a method threat actors relied heavily on to scale identity attacks. The 2025 report tracks new and existing trends and attack patterns – pulling from incident response engagements, dark web and other threat intelligence sources. Some key findings in the 2025 report include: Critical infrastructure organizations accounted for 70% of all attacks that IBM X-Force responded to last year, with more than one quarter of these attacks caused by vulnerability exploitation. More cybercriminals opted to steal data (18%) than encrypt it (11%) as advanced detection technologies and increased law enforcement efforts pressure cybercriminals to adopt faster exit paths. Nearly one in three incidents observed in 2024 resulted in credential theft, as attackers invest in multiple...

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12 Cities Where It Takes the Most Income to Be Middle Class

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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Judge Recommends Approving 17% State Farm Rate Hike in California

Article 0 Comments It looks like California’s largest homeowners insurer is getting a large rate increase following billions of dollars in losses from the Los Angeles wildfires and pullback on writing new policies in the state. Administrative Law Judge Karl Seligman recommended approval of State Farm interim rate hike on Monday. California Insurance Commissioner Ricardo Lara still must make the final approval. Specifically, State Farm’s non-tenant HO-3 line would get a 17% increase, a 15% increase in its renter/condo line and a 38% increase in rental dwelling, while the carrier committed to refraining from a new round of nonrenewals through the end of 2025. The agreement also stipulates that parent company State Farm Mutual will make a $400 million capital infusion into State Farm. Related: In The Wake of Devastating LA Fires, Residents Begin to Rebuild The interim rates remain temporary, and are subject to a full hearing process. S&P Global Ratings on Tuesday lowered its financial strength and issuer credit ratings on State Farm General Insurance Co. to ‘A+’ from ‘AA’. The ratings remain on CreditWatch with negative implications, according to an announcement from S&P. “The rating action indicates uncertainties related to capital support from the State Farm group,...

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These 10 States Are Most Vulnerable to a Recession, Study Finds

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

The Innovations Shaping Insurance in the Age of A.I.: Tech Trend Radar 2025 0

The Innovations Shaping Insurance in the Age of A.I.: Tech Trend Radar 2025

The Tech Trend Radar 2025 report from Munich Re & ERGO provides an overview of emerging technology trends that may shape the future of insurance, structured around five key areas: Data & AI, Human Health, Connected Experience, Cyber & Crypto, and Redefining Industries Morristown, NJ (May 5, 2025) – Which innovations will shape insurance in 2025? Discover the game-changers in the Tech Trend Radar 2025 report — your guide to the technologies that matter, developed by experts from Munich Re and ERGO to identify and assess the most relevant insurance technology trends for the upcoming year. Created by insurers for insurers, the Tech Trend Radar 2025 aims to sharpen awareness, steer discussion and initiate new business opportunities that appeal to all insurance clients. The trends include a brief description, associated opportunities and risks, and selected use cases. Curious about all digital trends and solutions in insurance industry? Access the Tech Trend Radar 2025 report. Insurance in the age of AI What technological innovations will shape the insurance industry in 2025? How will AI Agents, Spatial Intelligence, and Digital Healthcare affect our industry? What opportunities and challenges do new technologies bring in the areas Autonomous Interactions, Deepfake Defence, and AI Search...

Roadzen Partners with Leading Telematics Provider to Launch Connected Vehicle Protection in the UK 0

Roadzen Partners with Leading Telematics Provider to Launch Connected Vehicle Protection in the UK

New York, NY (May 6, 2025) – Roadzen Inc., a global leader in AI at the intersection of insurance and mobility, is pleased to announce that its wholly owned UK-based subsidiary, Global Insurance Management Limited (GIM), has partnered with one of the world’s largest telematics providers to deliver an integrated, technology-led vehicle protection solution for the UK automotive retail and finance markets. The new solution combines real-time telematics-enabled asset tracking with Guaranteed Asset Protection (GAP) insurance. Designed for seamless integration into both auto dealership showrooms and online OEM sales channels, the bundled product offers vehicle owners theft deterrence, real-time monitoring, and financial protection—all through a single, digital-first platform powered by Roadzen’s Global Dealer Network (GDN) platform. With dealership clients already onboarding, Roadzen believes that the partnership is poised to generate seven-figure revenues annually. The strategic three-year partnership leverages GIM’s digital insurance distribution with the telematics partner’s best-in-class connected vehicle security technology, already deployed by more than 30 global vehicle manufacturers—including each of the top 10 OEMs—as well as major fleet operators across industries. It directly addresses a growing challenge in the UK, where rising vehicle theft is driving insurance premiums higher. The UK motor insurance market exceeds £17 billion annually,...

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10 Mistakes That Erode Relationships

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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Report Describes Final Moments of Plane Crash That Killed Massachusetts Family

Article 0 Comments Federal investigators are outlining the final moments of a plane crash last month in upstate New York that killed a family from Massachusetts heading to the Catskills to celebrate a birthday and the Passover holiday. The victims of the April 12 crash in Copake, New York, included Karenna Groff, a former MIT soccer player named the 2022 NCAA woman of the year; her physician parents, Dr. Michael Groff and Dr. Joy Saini; her brother, Jared Groff, and his partner, Alexia Couyutas Duarte; and Karenna Groff’s boyfriend, James Santoro. The National Transportation Safety Board, in a preliminary report issued Friday, said the private plane departed Westchester County Airport in White Plains, New York, at around 11:30 a.m. heading north to Columbia County Airport in Hudson. Piloted by Michael Groff, the plane had left the Boston suburbs early Saturday morning, picking up Karenna Groff and Santoro in White Plains before making the short trip to the Catskills to celebrate Karenna Goff’s 25th birthday. But at about 11:57 a.m., Michael Groff informed air traffic control that he’d missed the initial approach to the runway at Columbia County Airport, according to the report. The controller then gave him new instructions for...

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6 Keys to Keeping the Relationship When Your Client Dies

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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Illinois Chemical Manufacturer Reaches $400K Settlement With EPA

Article 0 Comments The U.S. Environmental Protection Agency announced a settlement for alleged violations of the Clean Air Act with Nalco Production LLC and Nalco Co. LLC. The companies manufacture polymer blend chemicals at their facility at 6216 W. 66th Place in Chicago, Illinois. The companies will pay $401,300 in penalties. EPA alleges the companies violated requirements to prevent chemical accidents by failing to develop and implement hazard assessments, provide process safety information, secure operating procedures or conduct periodic inspections on equipment. EPA also alleges the companies violated requirements to develop incident investigation and risk management plans. In addition to the monetary penalty, the companies will inspect their ventilation systems and pressure relief valves and add additional sensors. They will update record-keeping practices, including training materials for maintenance staff, and a revised procedure to investigate incident. Source: EPA Topics Pollution Illinois Manufacturing Chemicals Was this article valuable? Thank you! Please tell us what we can do to improve this article. Submit No Thanks Thank you! % of people found this article valuable. Please tell us what you liked about it. Submit No Thanks Here are more articles you may enjoy. Interested in Chemicals? Get automatic alerts for this topic.