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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

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.

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Ransomware infected systems at Xchanging, a DXC subsidiary

Security Affairs

Xchanging is a business process and technology services provider and integrator, which provides technology-enabled business services to the commercial insurance industry. Xchanging is primarily an insurance managed services business that operates on a standalone basis.” Pierluigi Paganini.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

In 2015, global cyber crime had a cost of about $3 trillion, and the cost is expected to rise to $10.5 Capital markets, insurance, financial services, and banking are now online. Educating and training employees is a must-do in modern endpoint security. Other methods. Endpoint detection and response (EDR).