Data Matters

FEBRUARY 2, 2021

The National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law has been adopted in at least 11 states, with several others (including New York) having implemented either older or similar laws or administrative guidance. See State Legislative Brief, NAIC, June 2020.

Insurance 114

Insurance Security Compliance Cybersecurity 114

Security Affairs

JULY 9, 2021

Insurance giant CNA notifies customers of a data breach after the Phoenix CryptoLocker ransomware attack suffered in March. US insurance giant CNA is notifying customers of a data breach after the ransomware attack that it suffered in March. Now new details have emerged from the investigation, evidence confirms the data breach,à.

Data breaches 141

Data breaches Insurance Ransomware Encryption 141

Security Affairs

APRIL 20, 2021

Car insurance provider Geico has suffered a data breach, attackers have stolen the driver’s licenses for policyholders for several weeks. Geico, the second-largest auto insurer in the U.S., The post Crooks stole driver’s license numbers from Geico auto insurer appeared first on Security Affairs. Pierluigi Paganini.

Insurance 125

Insurance Data breaches Sales Security 125

Security Affairs

JANUARY 3, 2022

Which are the cyber attacks of 2021 that had the major impact on organizations worldwide in terms of financial losses and disruption of the operations? Colonial Pipeline ( May 2021 ) – The Colonial Pipeline facility in Pelham, Alabama, was hit by a cybersecurity attack in May and its operators were forced to shut down its systems.

Ransomware 109

Ransomware Cybersecurity Access Insurance 109

Schneier on Security

JANUARY 25, 2022

The insurance company Ace American has to pay for the losses: On 6th December 2021, the New Jersey Superior Court granted partial summary judgment (attached) in favour of Merck and International Indemnity, declaring that the War or Hostile Acts exclusion was inapplicable to the dispute. Merck suffered US$1.4 Merck suffered US$1.4

Insurance 74

Insurance Risk Government IT 74

Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance. If the technology were to become unavailable, the resulting business impact could be mitigated with cyber insurance.

Insurance 80

Insurance Risk Cybersecurity Ransomware 80

KnowBe4

MAY 18, 2022

Whoa Nellie, that's getting to be real money here. This is the kind of thing that starts cutting into your whole IT budget.

Insurance 122

Insurance IT Security awareness Security 122

The Last Watchdog

JULY 13, 2023

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. The perceived threat of cyber risk to global business leaders peaked in 2021 (34%) and over the past two years, the risk perception has dropped (27%).

Risk 189

Risk Insurance Energy and Utilities Marketing 189

Hunton Privacy

AUGUST 2, 2021

Connecticut recently passed two cybersecurity laws that will become effective on October 1, 2021. On June 16, 2021, Connecticut Governor Ned Lamont signed HB 5310, An Act Concerning Data Privacy Breaches. On July 6, 2021, Governor Ned Lamont signed HB 6607, An Act Incentivizing the Adoption of Cybersecurity Standards for Businesses.

Cybersecurity 87

Cybersecurity Insurance Military Data Privacy 87

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. 2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. Insurers should: Establish a Formal Cyber Insurance Risk Strategy.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

Insurance 70

Insurance Cybersecurity Risk Education 70

eSecurity Planet

FEBRUARY 16, 2021

Also Read: Best Encryption Tools & Software for 2021. We also look into the most dangerous strains today and predictions for 2021. Others go further in estimating ransomware will cost as much as $6 trillion per year starting in 2021 ( Cybersecurity Ventures ). Also Read: Top Threat Intelligence Platforms for 2021.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

eSecurity Planet

AUGUST 27, 2021

BitSight is a Leader in the Forrester Wave report for Cybersecurity Risk Rating Platforms in 2021. Black Kite is a Contender in the Forrester Wave report for Cybersecurity Risk Rating Platforms in 2021. OneTrust made our list, see who else did in the Top Cybersecurity Companies for 2021. Black Kite Cyber Risk Rating System.

Risk 130

Risk Compliance Marketing Cybersecurity 130

IT Governance

JULY 7, 2021

The number of officially reported HMRC-branded phishing scams increased from 572,029 in the 2019–2020 fiscal year to 1,069,522 in 2020–2021, according to data obtained under the Freedom of Information Act. Avanan’s 2021 Global Phish Cyber Attack Report found that credential harvesting is used in 54% of all phishing attacks.

Phishing 98

Phishing Manufacturing Insurance Data breaches 98

IT Governance

SEPTEMBER 1, 2021

Travel and medical insurance provider guard.me The post List of data breaches and cyber attacks in August 2021 – 61 million records breached appeared first on IT Governance UK Blog. Cyber attacks. Ransomware. Data breaches. Financial information. Malicious insiders and miscellaneous incidents. In other news…. Cyber attacks.

Data breaches 140

Data breaches Ransomware Insurance Data migration 140

eDiscovery Law

JULY 12, 2021

Key Insight: Plaintiff’s Motion to Compel sought missing documents and communications from, and the correction of metadata “issues” from Defendant and its parent company (via third party subpoena), and sought an award of attorney’s fees and costs.

Insurance 40

Insurance Metadata Risk Communications 40

Lenny Zeltser

JULY 1, 2020

The most likely way in which you’ll learn that you’ve fallen victim to the identity theft-based unemployment insurance scam is by receiving an unsolicited debit card in the mail. Though this website normally provides free credit reports once a year , due to COVID-19, it offers them weekly “through April 2021.”

Insurance 116

Insurance Data breaches Government IT 116

Hunton Privacy

JULY 1, 2022

(“Carnival”), the world’s largest cruise-ship operator, for violations of the Cybersecurity Regulation (23 NYCRR Part 500) in connection with four cybersecurity events between 2019 and 2021, including two ransomware events. .

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Dark Reading

JANUARY 11, 2022

Kaspersky commissioned a survey in October 2021 targeting 600 employees based in the US and Canada who are key decision makers for the cybersecurity sector within their company.

Cybersecurity 74

Cybersecurity Insurance 74

IT Governance

NOVEMBER 1, 2021

And don’t forget to check out our Q3 2021 data breaches and cyber attacks quarterly review , in which we take a closer look at the information gathered in our monthly lists. The post List of data breaches and cyber attacks in October 2021 – 51.2 Cyber attacks. Ransomware. Data breaches.

Data breaches 116

Data breaches Ransomware Government Education 116

IT Governance

JULY 1, 2021

We found a comparatively low 9,780,931 breached records from publicly disclosed security incidents in June 2021. The post List of data breaches and cyber attacks in June 2021 – 9.8 But don’t be fooled by that number – it comes from 106 incidents, which is roughly average for the year. million drivers’ details (3.3

Data breaches 130

Data breaches Ransomware Computer and Electronics Retail 130

Security Affairs

DECEMBER 28, 2022

The chief executive of insurance giant Zurich warns that cyber attacks, rather than natural catastrophes, will become uninsurable. Mario Greco, chief executive of insurer giant Zurich, has warned that cyber attacks will become soon “uninsurable.”. What will become uninsurable is going to be cyber,” Mario Greco told the Financial Times.

Insurance 89

Insurance Risk Ransomware IT 89

IT Governance

APRIL 1, 2021

The post List of data breaches and cyber attacks in March 2021 – 21 million records breached appeared first on IT Governance UK Blog. hit by cyber criminals (7.3

Data breaches 130

Data breaches Ransomware Manufacturing e-Delivery 130

Dark Reading

DECEMBER 13, 2021

Most targeted industry shifts from the financial and insurance sector in 2020.

Communications 75

Communications Insurance 75

eSecurity Planet

MAY 5, 2021

Here is our list of the top MDR services for 2021. Then in 2021 it acquired the Israeli Kubernetes security company Alcide.IO In 2021 the vendor promoted CFO John Post to CEO and brought on multiple executives from Carbonite and Webroot to round out an experienced team of technology leaders. Top MDR services. eSentire Atlas.

Cloud 57

Cloud Compliance Artificial Intelligence Analytics 57

eSecurity Planet

JANUARY 21, 2021

The Riskonnect GRC platform has specific use cases for risk management, information security, compliance, and audit professionals in healthcare, retail, insurance, financial services, and manufacturing. Insurance & claims management. The post Top GRC Tools & Software for 2021 appeared first on eSecurityPlanet.

Compliance 67

Compliance Risk Government Retail 67

Data Protection Report

DECEMBER 8, 2022

Norton Rose Fulbright Canada’s cyber litigation team recently obtained an order in favour of an insurer, granting it relief from forfeiture in respect of more than 11 bitcoins from the assets seized from a prolific ransomware gang. [1] In early 2021, Sebastien Vachon-Desjardins was apprehended by the RCMP.

Ransomware 98

Ransomware Insurance IT Data breaches 98

Security Affairs

FEBRUARY 22, 2022

The attack took place on October 25, 2021, as reported by the data breach notification letter shared with the U.S. “On or around October 25, 2021, Meyer was the victim of a cybersecurity attack by an unauthorized third party that impacted our systems and operations. Attorney General offices of Maine and California.

Data breaches 98

Data breaches Insurance Ransomware Cybersecurity 98

Threatpost

DECEMBER 31, 2020

Ransomware response demands a whole-of-business plan before the next attack, according to our roundtable of experts.

Ransomware 120

Ransomware Insurance Government Security 120

Security Affairs

JANUARY 7, 2022

FIN7 using this technique to target businesses in the transportation and insurance industries since August 2021, while it started targeting defense firms since November 2021. The gang is using weaponized USB devices with the LilyGO logo, which are sent to the victims via United States Postal Service and United Parcel Service.

Insurance 83

Insurance Ransomware Access Security 83

Security Affairs

SEPTEMBER 28, 2023

.” Immediately after detecting the intrusion, the company launched an investigation with the help of leading third-party cybersecurity experts and is also coordinating with its insurers. The investigation is still ongoing and aims at determining the scope of the incident.

Ransomware 114

Ransomware Insurance Cybersecurity Encryption 114

HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Security Affairs

OCTOBER 9, 2021

American media conglomerate Cox Media Group (CMG) was hit by a ransomware attack that took down live TV and radio broadcast streams in June 2021. The American media conglomerate Cox Media Group (CMG) announced it was hit by a ransomware attack that caused the interruption of the live TV and radio broadcast streams in June 2021.

Ransomware 97

Ransomware Insurance Encryption Passwords 97

Security Affairs

OCTOBER 30, 2021

Potentially exposed data include social security numbers, insurance information and medical information. “On August 25, 2021, we completed the process of identifying individuals with information contained in the accounts. . The security breach took place between June 2020 and January and impacted more than 209,048 individuals.

Access 91

Access Insurance Data breaches Security 91

Krebs on Security

MARCH 17, 2023

In November 2021, KrebsOnSecurity broke the news that thousands of fake emails about a cybercrime investigation were blasted out from the FBI’s email systems and Internet addresses. More recently, BreachForums was the sales forum for data stolen from DC Health Link , a health insurance exchange based in Washington, D.C.

Sales 315

Sales Data breaches Insurance Access 315

Krebs on Security

DECEMBER 8, 2022

The CLOP members said one tried-and-true method of infecting healthcare providers involved gathering healthcare insurance and payment data to use in submitting requests for a remote consultation on a patient who has cirrhosis of the liver. As noted in last year’s story Don’t Wanna Pay Ransom Gangs? ”

Ransomware 272

Ransomware Metadata Insurance Encryption 272

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78