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Arthur J. Gallagher (AJG) insurance giant discloses ransomware attack

Security Affairs

Gallagher (AJG) insurance giant disclosed a ransomware attack, the security breach took place on Saturday. Gallagher (AJG) global insurance brokerage firm confirmed that it was his with a ransomware attack on Saturday, September 26. Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->. US-based Arthur J.

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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. Yet, boardroom focus on cyber risk appears to be diminishing.

Risk 189
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Ohio Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. See CT Gen Stat § 38a-999b (2015) ; 23 NYCRR 500. Ohio’s Act applies to licensees, defined as persons authorized, registered, or licensed under Ohio insurance laws, or required to be so.

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Is Your Computer Part of ‘The Largest Botnet Ever?’

Krebs on Security

For example, the government estimates that 560,000 fraudulent unemployment insurance claims originated from compromised Internet addresses, resulting in a confirmed fraudulent loss exceeding $5.9 911 S5 built its proxy network mainly by offering “free” virtual private networking (VPN) services. government.

Cloud 306
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Michigan Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

On December 28, 2018, Michigan adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law in the form of Michigan H.B. S ee CT Gen Stat § 38a-999b (2015) ; 23 NYCRR 500. S ee CT Gen Stat § 38a-999b (2015) ; 23 NYCRR 500. 6491 (Act). MCL § 500.550. MCL § 500.553(g).

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American Insurance firm State Farm victim of credential stuffing attacks

Security Affairs

The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July. Pierluigi Paganini.