Hunton Privacy

NOVEMBER 13, 2023

On April 22, 2019, HHS began investigating DMS after receiving a breach notification indicating that DMS’ network server was infected by the Gandcrab ransomware in April 2017. DMS did not detect the attack until after the ransomware was used to encrypt its files in December 2018.

Ransomware 72

Ransomware Risk Insurance Encryption 72

Data Protection Report

JANUARY 7, 2019

The two-year transitional period under the New York State Department of Financial Services (“DFS””) Cybersecurity Regulation , 23 NYCRR 500 (the “Regulation”), will expire on March 1, 2019, with the final remaining requirement becoming effective. Upcoming certifications.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

eSecurity Planet

OCTOBER 18, 2021

The legal complaint [PDF] notes that on July 9, 2019, the day it was hit by a ransomware attack, Springhill Memorial Hospital contended that the event had “not affected patient care.” ” Cyber Insurance No Longer Reliable. Also read: Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs. .

Ransomware 104

Ransomware Insurance Digital transformation Cybersecurity 104

eSecurity Planet

FEBRUARY 16, 2021

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” Forensic Analysis.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

IT Governance

NOVEMBER 20, 2023

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Incident details: SEI, an online payment service provider, has notified customers that its systems has been accessed by an unknown individual who copied an encrypted database.

Data Privacy 52

Data Privacy Privacy Data breaches Security 52

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. The March 7, 2019, exposure drafts of the CFR Model Laws have been revised to address those comments as well as certain other comments received from interested parties.

Insurance 68

Insurance Blockchain Big data Risk 68

IT Governance

JUNE 27, 2019

On 19 March 2019, Norsk Hydro’s systems were infected with the LockerGoga ransomware. TrendMicro’s analysis into the ransomware found that it was the same system administration tool abused by the likes of SOREBRECT and Bad Rabbit. Another way to lessen the burden of recovering from a ransomware attack is to purchase cyber insurance.

Ransomware 87

Ransomware Phishing Insurance Systems administration 87