IT Governance

AUGUST 25, 2022

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

Insurance 105

Insurance IT Government Risk 105

IT Governance

MARCH 20, 2024

In the UK, cyber security has been dropping down the board’s list of priorities. The UK government’s Cyber Security Breaches Survey 2023 confirms this trend. Fewer directors, trustees and other senior managers of both UK businesses and charities see cyber security as a high priority in 2023 compared to 2022.

Security 116

Security Data breaches Government Insurance 116

IBM Big Data Hub

DECEMBER 4, 2023

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

Insurance 56

Insurance Digital transformation Compliance Cloud 56

Data Matters

JUNE 23, 2022

Kentucky and Maryland recently continued the trend of state insurance departments adopting some version of the National Association of Insurance Commissioners’ (“NAIC”) Insurance Data Security Model Law. The post Kentucky and Maryland Recently Joined Other States in Adopting NAIC Model Data Security Law.

Insurance 103

Insurance Security Cybersecurity Information Security 103

Data Matters

JANUARY 14, 2019

On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”.

Insurance 68

Insurance Security Cybersecurity Data breaches 68

IT Governance

DECEMBER 14, 2021

With organisations’ cyber security requirements becoming more complex and the threat of cyber attacks growing each year, many decision-makers are turning towards cyber security as a service. This approach, also known as managed cyber security, works by outsourcing cyber security to a third party. You’ll save money.

Security 131

Security Insurance Data breaches Information Security 131

Collibra

APRIL 9, 2021

Recapping a discussion moderated by Stijn Christiaens and featuring insurance data experts from Deloitte UK . Insurance is a data-intensive business. Insurance companies need data to better assess risks and price policies competitively, but also profitably. Data governance holds key to cloud migration.

Insurance 59

Insurance Cloud Data science Analytics 59

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

OpenText Information Management

MAY 10, 2024

If it’s not accurate, accessible, and secure, organizations won’t get the desired results. Since AI relies on data to learn and improve, organizations must ensure their data is accurate, accessible, and secure. They must also build a solid data foundation, including a governance framework, to take full advantage of the benefits of AI.

Security 57

Security Artificial Intelligence Privacy Compliance 57

IT Governance

JUNE 15, 2022

In an increasingly digital world, there are an escalating number of cyber security risks for business to address. IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average. Poor patch management. Weak passwords.

Risk 144

Risk Security Passwords Phishing 144

Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.

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

IT Governance

NOVEMBER 6, 2023

When MOVEit was hacked by the Russian Cl0p ransomware gang in May, email addresses and links to government employee surveys were compromised. It secured its systems, notified law enforcement and began investigating the incident. Records breached: 815,000,000 Milford Management Corp. Boeing is “assessing the claim”.

Data Privacy 97

Data Privacy Privacy Libraries Security 97

IT Governance

FEBRUARY 22, 2022

Information security management is a way of protecting an organisation’s sensitive data from threats and vulnerabilities. The process is typically embedded via an ISMS (information security management system) , which provides the framework for managing information security. Why is information security management important?

Information Security 138

Information Security Security Data breaches Risk 138

IT Governance

JULY 15, 2019

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures.

Insurance 89

Insurance Data breaches Risk Information Security 89

Krebs on Security

APRIL 27, 2023

Until being contacted by this reporter on Monday, the state of Vermont had at least five separate Salesforce Community sites that allowed guest access to sensitive data, including a Pandemic Unemployment Assistance program that exposed the applicant’s full name, Social Security number, address, phone number, email, and bank account number.

Access 294

Access Authentication Information Security Communications 294

IT Governance

JUNE 9, 2022

Organisations that are looking to bolster their information security practices are often advised to certify to Cyber Essentials – and for good reason. The UK government scheme outlines five controls that cover the core data protection components. That’s where IT Governance’s new service, Cyber Safeguard , can help.

Security 119

Security Insurance Information Security Data breaches 119

IT Governance

OCTOBER 24, 2023

Welcome to a new series of weekly blog posts rounding up the biggest and most interesting news stories. Breached organisation: BHI Energy, providing staffing solutions to the nuclear, fossil, wind, hydro and government energy markets. Breached organisation: Okta, security software company in California, US.

Data Privacy 107

Data Privacy Privacy Security Data breaches 107

IT Governance

SEPTEMBER 15, 2021

A UK government report published last year found that 48% of organisations lacked the expertise to complete routine cyber security practices. The report also found that 30% of organisations had skills gaps in more advanced areas, such as penetration testing, forensic analysis and security architecture.

Security 122

Security Insurance Education Government 122

Security Affairs

APRIL 24, 2022

A new round of the weekly Security Affairs newsletter arrived! Every week the best security articles from Security Affairs free for you in your email box. The post Security Affairs newsletter Round 362 by Pierluigi Paganini appeared first on Security Affairs. Patch them now! Patch them now! Pierluigi Paganini.

Security 76

Security Phishing Ransomware Insurance 76

Daymark

DECEMBER 5, 2023

On October 30, 2023, the US Securities and Exchange Commission (SEC) announced fraud charges against SolarWinds and its former chief information security officer (CISO), alleging that “ SolarWinds’ public statements about its cybersecurity practices and risks were at odds with its internal assessments.”

Insurance 62

Insurance Cybersecurity Risk Information Security 62

Lenny Zeltser

JULY 1, 2020

To achieve this, the scammer: Obtains the victim’s personal information , including name, date of birth, social security number, address, and probably employment history. People in New York, where I live, use ny.gov for many interactions with the state government. I believe in this scheme.

Insurance 116

Insurance Data breaches Government IT 116

IT Governance

SEPTEMBER 13, 2022

It’s why many experts recommend taking a defence-in-depth approach to cyber security. . In this blog, we look at each of the stages of defence in depth, and explain how they work to protect your organisation. In this blog, we look at each of the stages of defence in depth, and explain how they work to protect your organisation.

Risk 110

Risk Security Data breaches Phishing 110

IT Governance

SEPTEMBER 1, 2021

Cyber security is becoming an expensive endeavour for organisations – and in many cases, the costs are so high that they can’t deal with threats appropriately. However, it’s one thing to want to invest in cyber security, but something else entirely to set aside the budget to do so. What is cyber security as a service?

Security 124

Security GDPR Cloud Insurance 124

IT Governance

JANUARY 9, 2024

LockBit claims responsibility for Capital Health security incident The LockBit ransomware group has claimed responsibility for an attack on Capital Health , a healthcare provider in Pennington, New Jersey, last November. They accessed 41.5 The compromised data allegedly includes names, email addresses and phone numbers.

Data Privacy 75

Data Privacy Privacy Manufacturing Data breaches 75

IT Governance

APRIL 3, 2019

US food giant Mondelez is suing insurance company Zurich American for denying a $100 million (£76 million) claim filed after the NotPetya attack. The UK government and the CIA blame the attack on Russian state-sponsored hackers, claiming it was the latest act in an ongoing feud between Russia and Ukraine. Was NotPetya an act of war?

Insurance 53

Insurance Ransomware Government Paper 53

IT Governance

NOVEMBER 28, 2018

The Cyber Essentials scheme is a world-leading assurance mechanism for organisations of all sizes to help demonstrate that the most critical cyber security controls have been implemented. This blog covers malware. Secure your organisation with Cyber Essentials. Reduce cyber insurance premiums.

Security 108

Security Ransomware Government Insurance 108

IT Governance

NOVEMBER 13, 2023

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”. Some patients also had their Social Security numbers exposed.”

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

IT Governance

SEPTEMBER 27, 2022

In some circles, cyber security is synonymous with threat protection. That’s certainly true, but there’s a lot more to cyber security than protecting assets. The measures you implement should be part of a cohesive strategy that helps organisations prepare for and respond to security threats.

Data breaches 119

Data breaches Government Insurance Risk 119

IT Governance

NOVEMBER 20, 2023

According to OPB, the district didn’t provide details, but said that “our student credentials may have been compromised as part of a security incident”. For more information about the SEC cyber security disclosure rules, register for our free webinar on 30 November.)

Data Privacy 52

Data Privacy Privacy Data breaches Security 52

IT Governance

NOVEMBER 1, 2022

We identified 102 security incidents throughout the month, which is the second largest figure so far this year – trailing only August (112). Meanwhile, be sure to subscribe to our Weekly Round-up to receive the latest cyber security news and advice delivered straight to your inbox. Cyber attacks.

Data breaches 111

Data breaches Ransomware Insurance Phishing 111

The Last Watchdog

MARCH 20, 2023

Exploitation drivers From the case of Hegestratos committing insurance fraud by sinking a ship in 300 B.C., About the essayist : Collin McNulty is a content creator and digital marketer at Digital Forensics , a consultancy that works with law firms, governments, corporations, and private investigators

Cybersecurity 214

Cybersecurity Education Insurance Data breaches 214

The Last Watchdog

OCTOBER 5, 2023

Here is Erin’s Q&A column, which originally went live on OneRep’s well-done blog.) For the first expert interview on our blog, we welcomed Pulitzer-winning investigative reporter Byron V. Byron is the founder and editor-in-chief of The Last Watchdog on Privacy & Security.

Cybersecurity 203

Cybersecurity Privacy Cloud IoT 203

IT Governance

NOVEMBER 17, 2022

The Australian health insurance giant fell victim to ransomware in October, as a result of which the personal data of 9.7 Health data, by contrast, enables attackers to operate under the radar, typically to commit health insurance fraud. However, cyber security experts urge organisations not to pay up. The extent of the damage.

IT 107

IT Ransomware Security Data breaches 107

IT Governance

FEBRUARY 14, 2024

Compromised data includes policyholders’ and their families’ civil status, dates of birth and social security numbers, as well as the name of their health insurer and information relating to their contracts. It has since been confirmed by Anukul Peedkaew, the permanent secretary of social development and human security.

Data Privacy 52

Data Privacy Manufacturing Privacy Security 52

IT Governance

MAY 20, 2020

We take a look at some of those challenges in this latest round-up, which discusses the cyber security risks associated with the pandemic and the ways lockdown threatens our ability to work productively and safely. The post Secure Together: Britons scammed out of £3.5 Cyber crime. Phishing scams.

Security 118

Security Phishing Insurance Risk 118

IT Governance

FEBRUARY 21, 2024

Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Source Update Finance USA Yes 4,673 North Hill (North Hill Communities, Inc., North Hill Home Health Care, Inc.,

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52