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#1: Insurance is a Waste of Money

Many people believe that insurance is a waste of money because they rarely use it or never have a claim. However, insurance is not about getting something in return for your premium payments – it's about protecting yourself from a potential financial loss that could be catastrophic. By paying a small premium, you transfer the risk of a significant loss to an insurance company, which can provide you with financial support and stability when you need it most.

#2: Insurance Companies are Greedy and Unfair

Insurance companies are often portrayed as greedy and uncaring, focused only on their bottom line and willing to deny claims or cancel policies at the slightest opportunity. While there are undoubtedly some bad actors in the industry, the vast majority of insurance companies are regulated and operate under strict ethical and legal guidelines. Insurance companies exist to protect…

Full Story Here: https://thehackernews.com/2024/05/nsa-fbi-alert-on-n-korean-hackers.html

The U.S. government on Thursday published a new cybersecurity advisory warning of North Korean threat actors' attempts to send emails in a manner that makes them appear like they are from legitimate and trusted parties. The joint bulletin was published by the National Security Agency (NSA), the Federal Bureau of Investigation (FBI), and the Department of State. "The DPRK [Democratic People's Republic of Korea] leverages these spear-phishing campaigns to collect intelligence on geopolitical events, adversary foreign policy strategies, and any information affecting DPRK interests by gaining illicit access to targets' private documents, research, and communications," NSA said. The technique specifically concerns exploiting improperly configured DNS Domain-based Message Authentication, Reporting, and Conformance (DMARC) record policies to conceal social engineering attempts. In doing so, the threat actors can send spoofed emails as if they are from a legitimate domain's email server. The abuse of weak DMARC policies has…

Full Story Here https://www.bleepingcomputer.com/news/security/ceo-who-sold-fake-cisco-devices-to-us-military-gets-6-years-in-prison/

Summary:

Onur Aksoy, the CEO of a group of companies controlling multiple online storefronts, was sentenced to six and a half years in prison for selling $100 million worth of counterfeit Cisco network equipment to government, health, education, and military organizations worldwide. The 40-year-old Florida man was arrested in Miami on June 29, 2022, and was charged the same day with multiple counts of trafficking counterfeit goods and committing mail and wire fraud. In June 2023, he pleaded guilty to conducting this massive operation through 19 companies and 25 eBay and Amazon online storefronts, collectively known as Pro Network Entities.

According to the plea agreement, he imported tens of thousands of modified low-quality networking devices from Hong Kong and Chinese counterfeiters for as much as 98 percent off Cisco's suggested retail price. These devices all had "counterfeit Cisco labels, stickers, boxes, documentation, and packaging, all bearing…