Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. For those who have cyber insurance against ransomware attacks. But since the sneaky insurance agent purposely negotiates so as not to pay for the insurance claim, only the insurance company wins in this situation.

Insurance 84

Insurance Ransomware Encryption IT 84

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. The necessity for cyber-insurance coverage. With cyber attacks amounting to a question of when and not if, cyber insurance becomes crucial for ensuring business continuity and mitigating the business impact of attacks – should they occur. Tue, 05/10/2022 - 05:43.

Insurance 77

Insurance Authentication Risk Ransomware 77

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

OpenText Information Management

JULY 22, 2021

It takes money to make money, goes the old saying. Keeping the supply chain running takes money, too. Resellers can’t afford to tie up … The post Money talks, WeFi listens appeared first on OpenText Blogs. And it’s true. Setting up a business requires investment in a place, people and products.

IT 62

IT Insurance IoT 62

Schneier on Security

MARCH 8, 2019

This will complicate things: To complicate matters, having cyber insurance might not cover everyone's losses. Zurich American Insurance Company refused to pay out a $100 million claim from Mondelez, saying that since the U.S.

Insurance 79

Insurance Cybersecurity Military Government 79

Data Breach Today

MARCH 12, 2023

government officials announced late Sunday that both insured and uninsured Silicon Valley Bank depositors will have access to all of their money beginning Monday.

Insurance 130

Insurance Cybersecurity Government Access 130

Krebs on Security

MAY 23, 2020

When a reliable method of scamming money out of people, companies or governments becomes widely known, underground forums and chat networks tend to light up with activity as more fraudsters pile on to claim their share. And that’s exactly what appears to be going on right now as multiple U.S. Meanwhile, a number of U.S.

Insurance 326

Insurance Government Personal data Communications 326

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 124

Insurance IT Security awareness Security 124

Lenny Zeltser

JULY 1, 2020

In the scheme that I encountered, the scammer impersonates the victim to file an unemployment claim with the state to receive money as the unemployment benefit. If the claim is approved, the scammer receives the payments, gets the money out of the system, disappears. As a victim of this scheme, I’d like to share my experience.

Insurance 116

Insurance Data breaches Government IT 116

Bill Schmarzo - Dell EMC

FEBRUARY 14, 2018

If you complete the full Fluvastatin prescription, then we’ll reduce your monthly healthcare insurance payment by 5%.”. SocietyOne: The fastest growing bank has no actual money. Industry transformations will only accelerate because leading companies realize that instead of “ following the money, ” they should “ follow the customers. ”.

Artificial Intelligence 102

Artificial Intelligence Analytics Customer Experience Big data 102

Data Breach Today

JULY 31, 2019

Health Insurer Must Spend $42 Million on Security Enhancements A federal judge has granted preliminary approval for a $74 million settlement of a consolidated class action lawsuit against health insurer Premera Blue Cross stemming from a 2014 data breach that affected 11 million individuals.

Insurance 155

Insurance Data breaches Security 155

Data Breach Today

AUGUST 20, 2018

But Most Victims of the Health Insurer's Data Breach Will See No Cash A federal judge in California has given final approval to a $115 million settlement involving health insurer Anthem over its 2015 data breach. The settlement is the largest ever reached in a data-breach related class action suit, but most victims will see no money.

Insurance 157

Insurance Data breaches IT 157

KnowBe4

DECEMBER 14, 2022

Researchers at Enea AdaptiveMobile Security spotted the campaign, which informs recipients of offers to save money. The text messages contain offers related to gas prices, electricity bills, concert tickets, car insurance policies. An SMS phishing (smishing) campaign is impersonating utility providers in the US, Cybernews reports.

Insurance 94

Insurance Phishing Security 94

Schneier on Security

JANUARY 19, 2022

Doctors Clinical Lab, the lab Center for COVID Control uses to process tests, makes money by billing patients’ insurance companies or seeking reimbursement from the federal government for testing. The companies will keep making money for the rapid tests they collect, he said. Read the article for the messy details.

Insurance 126

Insurance Marketing Government IT 126

Dark Reading

NOVEMBER 22, 2019

The funds would cover some of the money Target paid to reimburse financial institutions for credit card replacement after the 2013 breach.

Data breaches 108

Data breaches Insurance 108

The Last Watchdog

JUNE 9, 2022

A criminal exploiting someone’s medical or insurance details to make fraudulent claims is known as medical identity theft. Because the scammer’s health records are linked to the victims’ information, it may not be easy to qualify for insurance in the future. In each case, the victim is liable for thousands of dollars.

Privacy 267

Privacy Security Phishing Insurance 267

IG Guru

NOVEMBER 26, 2019

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

Insurance 52

Insurance Privacy Security Records Management 52

Record Nations

AUGUST 8, 2019

In the simplest terms, meaningful use means taking steps to boost patient care with an EHR by improving the communications between patient and provider, provider and insurance, and […]. The post Meaningful Use of an EHR: What It Is & How It Can Save You Money appeared first on Record Nations.

IT 40

IT Insurance Communications 40

IT Governance

DECEMBER 14, 2021

You’ll save money. Cyber security as a service saves organisations money in two ways. You’ll receive cyber insurance cover ?. Many cyber-security-as-a-service offerings include cyber insurance as part of the package.

Security 131

Security Insurance Data breaches Information Security 131

Krebs on Security

AUGUST 29, 2019

-based PerCSoft is a cloud management provider for Digital Dental Record (DDR), which operates an online data backup service called DDS Safe that archives medical records, charts, insurance documents and other personal information for various dental offices across the United States. ” Read the full ProPublica piece here. .

Ransomware 220

Ransomware Insurance Encryption Cloud 220

Bill Schmarzo - Dell EMC

FEBRUARY 14, 2018

If you complete the full Fluvastatin prescription, then we’ll reduce your monthly healthcare insurance payment by 5%.”. SocietyOne: The fastest growing bank has no actual money. Industry transformations will only accelerate because leading companies realize that instead of “ following the money, ” they should “ follow the customers. ”.

Analytics 40

Analytics Artificial Intelligence Customer Experience Big data 40

eSecurity Planet

OCTOBER 5, 2021

Spending money you hadn’t budgeted to hire experts to clean up an unexpected mess is at the bottom of every manager’s wish list, but in the case of a cyber attack as damaging as ransomware , turning incident response over to a pro may be the best thing you can do. A quick cleanup could wind up saving you money.

Ransomware 126

Ransomware Insurance Cleanup Cybersecurity 126

Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

Insurance 89

Insurance Government Cybersecurity Risk 89

Krebs on Security

JUNE 30, 2021

When you do that, they’ll start sending you instructions on how and where to send the money.” Traditionally, these groups have asked recipients to transit money via wire transfer. But these days, BWare said, the same crooks are now asking people to forward the money via mobile applications like CashApp and Venmo.

Insurance 234

Insurance Education IT Government 234

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 254

Ransomware Metadata Insurance Encryption 254

CGI

AUGUST 31, 2016

Insurers’ role will be critical in improving cybersecurity standards. Cyber insurance can be obtained to cover such costs as crisis management, media management, incident management, technical remediation, legal fees, call management, data subject notification, breach investigation and many other losses resulting from a cyber-attack.

Insurance 40

Insurance Cybersecurity Risk Marketing 40

Rocket Software

OCTOBER 8, 2020

Travel insurance can give travelers some assurance that, if something does go wrong, they have resources that can help them receive medical attention, stay safe, and return home. . In order to provide the best possible experience, the insurance provider needed to upgrade their existing IT systems. . The Solution: Rocket ® EOS 360.

Insurance 89

Insurance Archiving Access Security 89

CGI

MARCH 1, 2017

‘The Organist Entertains’ – reaction to the insurance Ogden discount rate cut. When I first saw the word ‘Ogden’ in the Insurance press I was immediately reminded of the long running BBC programme ‘the organist entertains’ hosted by Nigel Ogden. ravi.kumarv@cgi.com. Wed, 03/01/2017 - 05:02. I propose an alternative approach.

Insurance 40

Insurance IT 40

The Last Watchdog

APRIL 8, 2024

Related: The ‘cyber’ case for D&O insurance Vanessa Pegueros knows this all too well. Boards won’t argue with more revenue, better availability (which drives revenue) or greater efficiencies (which save money) LW: Is compliance an ace in-the-hole, in a sense, for CISOs?

Compliance 166

Compliance Cybersecurity Risk Mining 166

Krebs on Security

APRIL 16, 2024

The money largely was sent to people who stole SSNs and other information on U.S. levied financial sanctions against 33-year-old Russian man Aleksandr Ermakov for allegedly stealing data on 10 million customers of the Australian health insurance giant Medibank. billion in 2013.

Sales 221

Sales Retail Insurance Access 221

John Battelle's Searchblog

FEBRUARY 18, 2013

The post When It’s This Easy To Take Someone’s Money… appeared first on John Battelle's Search Blog. And there are some pretty basic steps one should take to insure you don’t get fooled. But to my mind the larger story here is one of incentive, trust and identity.

Marketing 104

Marketing Insurance IT Paper 104

Security Affairs

MAY 15, 2023

The security breach occurred between March 12 and March 13, threat actors had access to person’s name, address, date of birth, Social Security number, medications and health insurance information. In response to the incident, the company enhanced its technical security measures. Who is behind the attack? We are in the final!

Data breaches 88

Data breaches Cybersecurity Insurance Ransomware 88

The Last Watchdog

MARCH 20, 2023

Scholars have determined that the precursors of money in combination with language are what enabled humans to solve cooperation issues that other animals could not. Exploitation drivers From the case of Hegestratos committing insurance fraud by sinking a ship in 300 B.C.,

Cybersecurity 186

Cybersecurity Education Insurance Data breaches 186

Security Affairs

FEBRUARY 26, 2021

Inova is an actuarial consultancy company, which means they compile statistical analysis and calculate insurance risks and premiums. Document sent to the insurance company by the victim’s lawyer. Inova has been operating since 2012 and has handled thousands of cases since then. Sketch of the accident from the police report.

Data breaches 97

Data breaches Insurance Paper Access 97

Krebs on Security

SEPTEMBER 11, 2019

The ongoing debacle, which allegedly involves malfeasance on the part of the payroll company’s CEO, resulted in countless people having money drained from their bank accounts and has left nearly $35 million worth of payroll and tax payments in legal limbo. Mann — via phone on the evening of Sept. ” THE VANISHING MANN.

Financial Services 279

Financial Services Cloud Insurance IT 279

Krebs on Security

APRIL 3, 2023

However, the due diligence company he insisted on using — another Swiss firm called The Inside Knowledge GmbH — also was secretly owned by Bernard, who would invariably pull out of the deal after receiving the due diligence money. John Clifton Davies was convicted in 2015 of swindling businesses throughout the U.K.

Communications 205

Communications Marketing Security Insurance 205

Ascent Innovations

SEPTEMBER 14, 2023

Many times, it’s a waste of money, especially when you consider how much money it costs vs the replacement cost of the device. For one, they cost a lot more money and can be, at minimum, a headache when they have issues. Support plans, like insurance, are boring. and politely declined. Why do we do that?

Insurance 52

Insurance Risk IT 52