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Lloyd’s Will No Longer Include Nation-State Attacks in its Cyber Insurance Policies

IT Governance

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

Insurance 105
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Medical Debt Collection Firm R1 RCM Hit in Ransomware Attack

Krebs on Security

billion in 2019. The “RCM” portion of its name refers to “revenue cycle management,” an industry which tracks profits throughout the life cycle of each patient, including patient registration, insurance and benefit verification, medical treatment documentation, and bill preparation and collection from patients.

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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

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Thousands of Humana customers have their medical data leaked online by threat actors

Security Affairs

Experts found a DB containing sensitive health insurance data belonging to customers of US insurance giant Humana. An SQL database containing what appears to be highly sensitive health insurance data of more than 6,000 patients has been leaked on a popular hacker forum. What was leaked? Drug prescription listings).

Insurance 112
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Karma Catches Up to Global Phishing Service 16Shop

Krebs on Security

Security experts investigating 16Shop found the service used an application programming interface (API) to manage its users, an innovation that allowed its proprietors to shut off access to customers who failed to pay a monthly fee, or for those attempting to copy or pirate the phishing kit. Image: Akamai.

Phishing 190
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LabCorp: 7.7 Million Consumers Hit in Collections Firm Breach

Krebs on Security

Securities and Exchange Commission , LabCorp. 1, 2018 and March 30, 2019. AMCA has advised LabCorp that Social Security Numbers and insurance identification information are not stored or maintained for LabCorp consumers.” But today’s disclosure by LabCorp. In a filing today with the U.S. ” ANALYSIS.

Insurance 248
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Catches of the month: Phishing scams for August 2019

IT Governance

Almost a third of these make it past default security systems, leaving your organisation in a permanently perilous situation. There’s plenty of advice on how to spot phishing scams , but without any real-world examples that explain how they work, it can be easy to see the threat as purely theoretical. phishing emails every week.