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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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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. trillion by 2025, a 300% increase since 2015 1. Beazley’s underwriters in the United States focus on writing a range of specialist insurance products.

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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. SecurityAffairs – hacking, DXC).

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Driving Conversations Around Careers In Telematics

Information Governance Perspectives

John Danenberger, CPCU, is Corporate Counsel at State Farm Insurance and specializes in addressing emerging issues around telematics. In 2015, he successfully transitioned from a military career as a trial attorney for the JAG Corps to working in telematics in corporate America for State Farm Insurance.

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

IT Governance

Incident details: Successful phishing attack, breaching records on a server that reached end of life in 2015, though the information itself was “of low-sensitivity and semi-public”. Breached organisation: ClassPad.net, an educational web application operated by Casio Computer Co., Records breached: Around 700 records.

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First-of-its-Kind Multistate Litigation Involving HIPAA-Related Data Breach Reaches 900,000 Dollar Settlement

Hunton Privacy

The settlement resolves a multistate litigation arising out of a May 2015 data breach in which hackers infiltrated WebChart, a web application run by MIE, and stole the electronic Protected Health Information (“ePHI”) of over 3.9 million individuals. failed to encrypt the sensitive ePHI. The case was filed in the U.S.

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Watch out! Malware Analysis Sandboxes could expose sensitive data of your organization

Security Affairs

The experts also discovered a large number of insurance certificates that expose various personally identifiable information (PII), such as names, phone numbers, postal and email addresses. ” ~ Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->. Pierluigi Paganini.