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First American Financial Pays Farcical $500K Fine

Krebs on Security

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance 280
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The Week in Cyber Security and Data Privacy: 16–22 October 2023

IT Governance

Breached organisation: BHI Energy, providing staffing solutions to the nuclear, fossil, wind, hydro and government energy markets. Another small firm suffers a serious ransomware attack: Cadre Services gets mauled by AlphV Date of breach: 19 September 2013 (AlphV uploaded first part of data to its website on 19 October 2023).

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Security Compliance & Data Privacy Regulations

eSecurity Planet

See the Top Governance, Risk and Compliance (GRC) Tools. are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA).

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OCR Imposes a $1.6 Million Civil Money Penalty against Texas Health and Human Services Commission for HIPAA Violations

IG Guru

Department of Health and Human Services (HHS) has imposed a $1,600,000 civil money penalty against the Texas Health and Human Services Commission (TX HHSC), for violations of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) Privacy and Security Rules between 2013 […]. The post OCR Imposes a $1.6

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Automated Security and Compliance Attracts Venture Investors

eSecurity Planet

In 2013, Adam Markowitz founded Portfolium, an edtech startup that matched college students and graduates with employers. “I First of all, cybersecurity is becoming a “must have” for businesses and governments. In the case of Lemonade – an online insurance company – it spent over 200 hours on the process.

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Episode 212: China’s Stolen Data Economy (And Why We Should Care)

The Security Ledger

Back in 2013, news that hackers stole data on tens of millions of customers of the software maker Adobe dominated the headlines for days. Data leaks, data breaches and data dumps are so common these days that they don’t even attract that much attention. Don’t Hold Your Breath. A Stolen Data Ecosystem Grows In China.

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The Week in Cyber Security and Data Privacy: 20 – 26 November 2023

IT Governance

9 million records breached through decade-long data leak A former temporary employee of a subsidiary of NTT West (Nippon Telegraph and Telephone West Corp) illegally accessed about 9 million personal data records over the course of a decade (2013 to 2023). Breached records: more than 56 million.