Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. Readers may recall that NYDFS’ cybersecurity regulation went into effect in March of 2017. NSC reported a second cybersecurity event to NYDFS on May 12, 2020.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

IT Governance

APRIL 10, 2019

I 2017 of 29 June 2017) amending the Act on the Federal Office for Information Security, Atomic Energy Act, Energy Industry Act, Social Insurance Code V and the Telecommunications Act. Implementation status : Transposed, with Act 134 of 2017 and Government Decree 394/2017 (XII. Implementation status : In progress.

Compliance 68

Compliance Information Security Government Insurance 68

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

Hunton Privacy

AUGUST 10, 2017

On August 1, 2017, a unanimous three-judge panel for the D.C. Circuit reversed the dismissal of a putative data breach class action against health insurer CareFirst, Attias v. 1, 2017), finding the risk of future injury was not too speculative to establish injury in fact under Article III. . CareFirst, Inc. , 16-7108, slip op.

Insurance 40

Insurance Data breaches Risk Access 40

Data Protection Report

AUGUST 3, 2017

On August 1, 2017, US Senators unveiled a bipartisan bill to mandate baseline cybersecurity requirements for internet connected devices purchased by the federal government. Norton Rose Fulbright has been shortlisted for ‘Cyber law firm of the year’ at the Insurance Insider Cyber Ranking Awards 2017.

IoT 40

IoT Cybersecurity Insurance Marketing 40

Data Matters

AUGUST 24, 2018

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.

Insurance 60

Insurance Big data e-Delivery Risk 60

Data Protection Report

AUGUST 29, 2017

Norton Rose Fulbright has been shortlisted for ‘Cyber law firm of the year’ at the Insurance Insider Cyber Ranking Awards 2017. Voting is now open, and you can show your support for Norton Rose Fulbright by casting your vote ahead of the award ceremony on 29 September 2017.

Data breaches 40

Data breaches Insurance Encryption Passwords 40

Data Matters

FEBRUARY 7, 2018

By August 28, 2017, Covered Entities were required to have a cybersecurity program in place, as well as a board (or senior officer) approved written cybersecurity policy and Chief Information Security Officer to help protect data and systems.

Compliance 60

Compliance Cybersecurity Information Security Privacy 60

Krebs on Security

DECEMBER 12, 2018

Earlier this year, FICO began touting its Cyber Risk Score (PDF), which seeks to measure an organization’s chances of experiencing a data breach in the next 12 months, based on a variety of measurements tied to the company’s public-facing online assets. Image: US Chamber of Commerce. In October, FICO teamed up with the U.S.

Security 200

Security Energy and Utilities Risk Data breaches 200

Data Protection Report

SEPTEMBER 11, 2017

In one example of a post-attack disclosure, FedEx’s most recent 10-K (May 2017) discusses the impact of the WannaCry and Petya attacks on FedEx systems and subsidiaries. Still, in what for the moment might seem like a more pedestrian risk, companies continue to be affected by ransomware. Here is how some companies have addressed it.

Risk 40

Risk Ransomware Insurance Data breaches 40

Data Protection Report

AUGUST 8, 2017

The German federal labor court held in a recent decision ( Bundesarbeitsgericht , 27 July 2017 – case no. Norton Rose Fulbright has been shortlisted for ‘Cyber law firm of the year’ at the Insurance Insider Cyber Ranking Awards 2017. Subsequently, the firm installed key logger software on its employees’ computers.

Computer and Electronics 40

Computer and Electronics Insurance Privacy GDPR 40

CGI

DECEMBER 19, 2017

Tue, 12/19/2017 - 14:18. There are many ways to tackle the technical challenges involved and undoubtedly GDPR will cause some disruption to the insurance industry. GDPR: It’s Christmas – A time of good FEAR! It is becoming increasingly apparent that state and criminally sponsored cyber-attacks are on the increase.

GDPR 40

GDPR Insurance Risk Privacy 40

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Here, then, is a comprehensive look at ransomware, what it is, how to prevent it, and what to do if you become one of its unfortunate victims.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Info Source

AUGUST 5, 2019

TimelinePI focuses on the healthcare, financial services, and insurance industries, and offers solutions in areas like human resources, procurement, and robotic process automation (RPA), which is an area of crossover with ABBYY. ABBYY recently announced its intention to acquire TimelinePI , which develops a process intelligence platform.

Analytics 40

Analytics Marketing Financial Services Insurance 40

Data Protection Report

AUGUST 16, 2017

On the 7 th August 2017, the UK’s Government Department for Digital, Culture, Media and Sport issued a Statement of Intent (the Statement ) outlining its planned reforms of the UK’s data protection laws which are to be implemented by the Data Protection Bill (the Bill ). The Statement summarises some of the notable derogations from the GDPR.

Government 40

Government GDPR Personal data Insurance 40

Hunton Privacy

MAY 16, 2017

On May 12, 2017, a massive ransomware attack began affecting tens of thousands of computer systems in over 100 countries. Affected entities also may face lawsuits from their business partners whose data is involved in the attack, and often battle insurers over coverage of costs associated with the attack.

Ransomware 61

Ransomware Insurance Access Information Security 61

DLA Piper Privacy Matters

NOVEMBER 6, 2018

The Court of Appeal delivered its decision in the case of WM Morrisons Supermarkets Plc v Various Claimants ([2018] EWCA Civ 2339) in October, dismissing Morrisons’ appeal against an earlier decision from 2017 finding the supermarket vicariously liable for the actions of a former employee, Andrew Skelton. Morrisons #2 Court of Appeal.

Insurance 45

Insurance Data breaches Personal data GDPR 45

CGI

JANUARY 12, 2017

Fri, 01/13/2017 - 00:36. We surveyed 1,670 consumers across eight countries to get their perspectives on 12 digital FinTech services: Protection. IoT-based auto insurance pricing. The results of our survey show that the biggest purchase impediment for all 12 digital services is a lack of trust among consumers.

Financial Services 40

Financial Services IoT Risk Insurance 40

ARMA International

FEBRUARY 21, 2020

A company in Wisconsin had a “chipping party” in 2017 to implant microchips in some of its employees to make it easier for them to access the buildings and systems and to buy food in the company break room. [1]. Welcome to the Age of the Internet of Bodies. Benefits and Risks. Each type of IoB device brings with it benefits and risks.

Computer and Electronics 105

Computer and Electronics Privacy Artificial Intelligence IoT 105

CGI

JANUARY 12, 2017

Fri, 01/13/2017 - 01:45. The blog series is based on the findings of CGI’s 2016 survey of 1,670 consumers across 8 countries, which assessed consumer perspectives on 12 leading digital FinTech services.* In the first blog, we look at which of these 12 digital services consumers value the most, along with their awareness and usage.

Financial Services 40

Financial Services Education Marketing Risk 40

HL Chronicle of Data Protection

MAY 29, 2019

Following the one-year anniversary of the coming into effect of the GDPR, Hogan Lovells’ Privacy and Cybersecurity practice has prepared summaries of key GDPR-related developments of the past 12 months. The summaries cover regulatory guidance, enforcement actions, court proceedings, and various reports and materials.

GDPR 40

GDPR Personal data Privacy Information architecture 40

IT Governance

DECEMBER 27, 2019

A royal baby, a fire at Notre-Dame, the highest grossing film of all time and more than 12 billion breached data records: 2019 has been quite a year. Victims of Equifax’s 2017 data breach were given the go-ahead to launch a class-action lawsuit. Part one covers January to June, and will be followed by part in the coming days.

Data breaches 69

Data breaches GDPR Passwords Personal data 69

DLA Piper Privacy Matters

SEPTEMBER 29, 2017

AU-054 (the “AU-054”) on July 13, 2017 in order to cover the processing of personal data implemented in relation to these fraud prevention/detection systems. The French data protection authority (CNIL) has just adopted Single Authorization No. Parent companies of financing companies. 311-2 of the Code Monétaire et Financier. .

Personal data 40

Personal data Financial Services Insurance Risk 40

Data Matters

MAY 9, 2019

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. ceding insurer could be eligible for the same reduced collateral requirements that would apply to qualifying EU reinsurers under the revised CFR Model Laws.

Insurance 68

Insurance Blockchain Big data Risk 68

Hunton Privacy

DECEMBER 15, 2017

On December 12, 2017, the Federal Trade Commission hosted a workshop on informational injury in Washington, D.C. Building on this point, one panelist noted the cyber insurance market shows what customers are willing to pay for privacy, but acknowledged the limitations and rarity of personal cyber insurance coverage.

Privacy 42

Privacy Retail Risk Insurance 42

KnowBe4

MAY 9, 2023

The payload is a cryptojacking Monero miner. A cryptojacker is bad enough since it will drain power and degrade device performance. This one also carries the potential for compromising sensitive information, particularly credentials, and serving as staging for further attacks. This campaign may be more effective for its routine, innocent look.

Phishing 72

Phishing Passwords Insurance Systems administration 72

The Last Watchdog

AUGUST 15, 2019

A survey of local media reports by Recorded Future tallied 38 ransomware attacks against cities in 2017, rising to 53 attacks in 2018. insurance giant Beazley Worldwide reported that the average ransomware demand in 2018 was more than $116,000, a figure admittedly skewed by some very large demands. “All we know is MONEY!

Ransomware 196

Ransomware Access Cybersecurity Insurance 196

Privacy and Cybersecurity Law

NOVEMBER 8, 2018

In the aftermath of the Cambridge Analytica scandal, and in the footsteps of Europe’s General Data Protection Regulation (“GDPR”), California privacy advocates introduced a ballot initiative on October 12, 2017 called “The Consumer Right to Privacy Act of 2018” (No. The CCPA goes into effect January 1, 2020. Right of Deletion.

Privacy 58

Privacy Sales Compliance Cybersecurity 58

Privacy and Cybersecurity Law

NOVEMBER 9, 2018

In the aftermath of the Cambridge Analytica scandal, and in the footsteps of Europe’s General Data Protection Regulation (“GDPR”), California privacy advocates introduced a ballot initiative on October 12, 2017 called “The Consumer Right to Privacy Act of 2018” (No. The CCPA goes into effect January 1, 2020. Right of Deletion.

Privacy 58

Privacy Sales Education Compliance 58

Data Protector

OCTOBER 11, 2017

New technologies have started innumerable economic revolutions, and the pace of change continues to accelerate. Data is not just a resource for better marketing, better service and delivery. Data is used to build products themselves. It has become a cliché that data is the new oil. change it substantially. This is “Hamlet” without the prince.

GDPR 120

GDPR Personal data Government IT 120

IT Governance

OCTOBER 31, 2019

NordVPN, TorGuard and VikingVPN disclose data breaches dating back to 2017 (unknown). On the one hand, the 421,103,896 data records that were confirmed to have been breached in October represents about 50% of the monthly average. It was also a particularly bad month for the UK, with 9 confirmed breaches. Cyber attacks. ND-based St.

Data breaches 92

Data breaches Ransomware Phishing Retail 92

Data Matters

APRIL 23, 2018

In January 2017, seeking to provide practical advice for directors to address their oversight responsibilities, the National Association of Corporate Directors (NACD) released its (revised) Handbook on Cyber-Risk Oversight (NACD Handbook). Its prescription can be understood as an enterprise-level, targeted guidance approach. Principle 2.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

John Battelle's Searchblog

JANUARY 3, 2016

This trend will evince itself in many forms: We’ll see massive older companies shift their marketing focus to purpose-based messaging – both to insure top talent considers them as a career choice, and to maintain relevance to a new generation of purpose-based consumers. So let’s get to it.

IoT 75

IoT Blockchain Marketing IT 75

Troy Hunt

SEPTEMBER 17, 2018

pic.twitter.com/IYf2Km4LkD — Troy Hunt (@troyhunt) July 14, 2017. That's it - I'm calling it - extended validation certificates are dead. Sure, you can still buy them (and there are companies out there that would just love to sell them to you!), However, if you look at the URL.

Marketing 109

Marketing Phishing Encryption IT 109

eSecurity Planet

JANUARY 11, 2022

Series A SenseOn 2017 London, UK 61 $26.4 Series A Evervault 2018 Dublin, Ireland 12 $19.4 Series A GitGuardian 2017 Paris, France 63 $56.0 With evolving attack methodologies due to machine learning, quantum computing, and sophisticated nation-state hackers, security startups are receiving record funding.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142

eSecurity Planet

APRIL 26, 2022

Investments in cybersecurity more than doubled from $12 billion to $29.5 Whether it’s a startup or established organization seeking funding, the right venture capital (VC) firm can make the difference in financial and operational success. Accel’s largest presence is in the Bay Area with sizable teams in London and Bangalore.

Cybersecurity 128

Cybersecurity Cloud Marketing Security 128