Banco Sabadell Sanitas sign health insurance agreement - Banco Sabadell and Sanitas have agreed to market health insurance in order to promote in the next five years the contracting of these products among private customers, self-employed and SMEs of the bank, and grow in market share in Spain.

BanSabadell Seguros Generales (insurer owned by Banco Sabadell) and Sanitas have agreed to coinsurance underwriting of this new health insurance, according to a statement from the bank on Tuesday.

The bank provides its 1,678 offices and 6,394 commercial managers, with more than five million customers; and Sanitas offers services such as videoconsultation, which allows digital health management, and its more than 49,000 specialists and 4,000 concerted medical centers.

Sanitas has its own provision consisting of three hospitals in Madrid and one in Barcelona, 20 multi-specialty medical centers, 16 wellness centers and more than 180 dental clinics.

The video consultation service will offer clients access to 3,000 doctors in the company's cadre with 35 specialties available.

Banco Sabadell Sanitas sign health insurance agreement

Albert Figueras, Deputy Director General of Banco Sabadell and director of Customer Solutions, highlighted the advantages of the agreement for the company's digitalization strategy: customers will be able to consult their data and results, make an appointment and make a video consultation on digital channels.

The CEO of BanSabadell Seguros Generales, Claudio Chiesa, has stated that it is the first coinsurance of the company and that culminates a two-year project to create "a very good product of extraordinary quality" for the customer.

BanSabadell Seguros also markets home insurance, Auto, shops, Payment Protection, life and savings and Pension Insurance to all customers Banco Sabadell, which is now expanding with the health area.

Sanitas Seguros CEO Iñaki Peralta said the agreement reflects the relevance of health insurance: "taking care of ourselves when there is a problem is already an obsolete approach. Prevention is now the cornerstone."

Also, Banco Sabadell maintains its agreement with dkv Seguros, being the provider only in death insurance for individuals and subsidy for self-employed, not health.

End of Banco Sabadell Sanitas sign health insurance agreement

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Cyberattack against GAM, Asturian firm specializing in Industry 4.0 and machinery: why the sector is increasingly juicy for cybercriminals

A group of cybercriminals has claimed responsibility for an attack on Gam, an Asturian multinational specializing in services for Industry 4.0 and machinery rental.

To give an idea of its size, GAM recorded 143 million euros in sales in 2019.

The group in question that has claimed the authorship of this cyber attack is the same one that operates a ransomware called NetWalker. Ransomware is a type of malicious program whose purpose is to infect your target's corporate network and encrypt all files it finds on your devices. In order for the victim to recover all his information, he will be extorted by the same cybercriminals, who usually demand a millionaire ransom to pay in cryptocurrencies.

This cyberattack was first reported last Saturday. In this case, it has not transcended information about how much is requested for ransom or how many files have been compromised. One of the first to detect the attack was Brett Callow, an analyst at a cybersecurity firm called Emsisoft. The RansomLeaks Twitter account also confirmed the attack a few days ago.

The cybercriminal collectives that operate ransomware attacks have changed their priorities this year 2020. By the end of 2019, several cybersecurity companies warned that the trend would change this course, and there would be more and more cases where extortion to decrypt files affected by the attack would include another component: if victims do not pay, attackers will leak all their compromised information on the network.

As a result, several groups such as the one operating the netwalker ransomware or other similar programs, such as REvil, have created pages on both the dark web and the normal network to share the fruits of their illegal activities.

As a result of this propaganda work, cybercriminal groups have been claiming several attacks this year, although not always confirmed. Some attacks that have affected Spanish companies have been Adif, the manager of the Spanish railway lines, or Mapfre.

Business Insider Spain has tried to contact Gam, the firm that in this case has apparently been a victim of NetWalker. The Asturian company has not answered the questions of this medium for the moment.

GAM is an Asturian multinational company dedicated to renting machinery and providing services for Industry 4.0. Attacks on this sector of the economy are becoming increasingly relevant, and are of greater interest to cybercriminals.

Although in this case the attack has not been to any physical infrastructure: the collective that operates the netwalker ransomware has shared on its website screenshots that show a sample of the files they have managed to compromise and steal from the servers of GAM. Bank receipts appear, files with risk analysis of their operations, and apparently a folder with data and customer blockages.

With the consolidation of Industry 4.0, the boundaries between attacks on IT infrastructures —information technologies: servers, devices, digitized information— and OT —operational technologies: in charge of controlling machinery—are blurred.

Luis Miguel García is responsible for the business development of Wallix Ibérica, a cybersecurity company that started operating in Spain a few months ago. It explains to Business Insider Spain some of the reasons why cybercriminals are beginning to look more closely at the OT world as a surface that can be potentially attacked.

There are three: economic impact, maintenance-free operating systems, and security gaps. "The economic consequences of modifying the functioning of robots so that products are defective, of exfiltrating confidential production information or even of stopping a manufacturing process are enormous."

"Therefore, the benefits that cybercriminals hope to get are also great," says Garcia.

In addition, " there are still enough potential security gaps for cybercriminals to access industrial processes."

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