IT Governance

AUGUST 25, 2022

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

Insurance IT Government Risk 105

eSecurity Planet

OCTOBER 18, 2021

A lawsuit working its way through the courts could have a lot to say about the liabilities facing organizations that have been hit by ransomware attacks – and could have implications for cybersecurity preparation and regulation in general. Hospital’s Operations Hit by Ransomware. ” Cyber Insurance No Longer Reliable.

Ransomware 104

Ransomware Insurance Digital transformation Cybersecurity 104

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

Security Affairs

APRIL 24, 2020

The popular SeaChange video platform is the latest victim of the Sodinokibi Ransomware gang, which is threatening to leak the stolen data. SeaChange International, the multinational supplier of video delivery software solutions, was the victim of the Sodinokibi Ransomware gang. SecurityAffairs – Sodinokibi Ransomware, hacking).

Ransomware 103

Ransomware Insurance Data breaches Encryption 103

Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. Background.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Security Affairs

MAY 1, 2020

Maze Ransomware operators claim to have gained access to the network of Banco BCR of Costa Rica and stolen 11 million credit card credentials. Maze Ransomware operators claim to have hacked the network of the state-owned Bank of Costa Rica Banco BCR and to have stolen internal data, including 11 million credit card credentials.

Ransomware 134

Ransomware Encryption Insurance Data breaches 134

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. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Hunton Privacy

JULY 1, 2022

(“Carnival”), the world’s largest cruise-ship operator, for violations of the Cybersecurity Regulation (23 NYCRR Part 500) in connection with four cybersecurity events between 2019 and 2021, including two ransomware events. .

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

eSecurity Planet

SEPTEMBER 10, 2021

In a year where ransomware has raised the alert levels everywhere, the go-to answer from many is redundancy through offline, remote backups – but are they enough? As ransomware threats loom, we look at where backups fall short, and what to keep in mind to optimize network and data security. Where Backups Fall Short Against Ransomware.

Ransomware 120

Ransomware Encryption Cybersecurity Access 120

Security Affairs

SEPTEMBER 10, 2020

US-based supplier of video delivery software solutions, SeaChange International, revealed that a ransomware attack disrupted its operations in Q1 2020. SeaChange International, a US-based supplier of video delivery software solutions, revealed that a ransomware attack has disrupted its operations during the first quarter of 2020.

Ransomware 65

Ransomware Data breaches Insurance Encryption 65

Data Protection Report

FEBRUARY 27, 2020

Given the level of interest in the case, we have prepared a deeper-dive into the facts and the implications of the decision, with a focus on the important role played in the case by cyber insurance. Until recently, there had not been an example of a cyber insurer actively participating in a recovery action. This is set out below.

Insurance 81

Insurance Risk Data breaches Personal data 81

IT Governance

JULY 11, 2019

That’s a question more organisations are having to ask themselves nowadays, with at least 55 ransomware attacks reported in the first half of 2019. Identify that the attack is ransomware. Don’t assume that the person who has spotted the attack knows that it’s ransomware. See also: How does ransomware infect your systems?

Ransomware 99

Ransomware Insurance Encryption Paper 99

Adam Levin

JUNE 30, 2020

We’re not even halfway through 2020, and already it’s been a record-breaking year for ransomware attacks. Millions of inboxes have been hit with a variant of Avaddon ransomware. Barely a week goes by without reports of a new strain or variant of malware wreaking havoc among companies. We hear about the big ones.

Ransomware 74

Ransomware Insurance Cybersecurity Manufacturing 74

IT Governance

MAY 30, 2019

The cyber security story for May 2019 is much the same as it was last month, with one mammoth breach raising the monthly total. which breached sixteen years’ worth of insurance data. Ransomware. Connecticut school district thwarts ransomware attack (unknown). Kentucky library closes due to ransomware attack (unknown).

Data breaches 112

Data breaches Personal data Ransomware Phishing 112

Adam Levin

JANUARY 9, 2020

Currency exchange giant Travelex has effectively been taken offline by a ransomware attack. . The hackers claim to have six months’ worth of sensitive customer data containing birthdates, credit card information, and insurance numbers. The post Currency Exchange Company Travelex Hit By Ransomware Attack appeared first on Adam Levin.

Ransomware 63

Ransomware Encryption Insurance Sales 63

Security Affairs

DECEMBER 28, 2022

The chief executive of insurance giant Zurich warns that cyber attacks, rather than natural catastrophes, will become uninsurable. Mario Greco, chief executive of insurer giant Zurich, has warned that cyber attacks will become soon “uninsurable.”.

Insurance 90

Insurance Risk Ransomware IT 90

IT Governance

JUNE 27, 2019

June 2019’s total of 39,713,046 breached records is the lowest since May last year – the month that the GDPR (General Data Protection Regulation) came into effect. Ransomware. Pittsburgh-based Ellwood City Medical Center hit by ransomware (unknown). Edcouch, TX, government hit by ransomware attack (3,000). Riviera Beach?

Data breaches 111

Data breaches Personal data Ransomware GDPR 111

Security Affairs

OCTOBER 13, 2019

An Alabama hospital chain announced to have restored normal operation after paying the ransom request by crooks that infected its systems with ransomware. A hospital chain in west Alabama was recently hit by a ransomware attack that paralyzed its systems. ” reads the post published by the Associated Press. .

Ransomware 77

Ransomware Insurance Paper Government 77

Security Affairs

FEBRUARY 4, 2020

The city of Racine joins to the long string of US municipalities that were hit with ransomware attack, it was forced offline following the infection. The city of Racine, Wisconsin, was hit with a ransomware, the incident took place on January 31, 2020. ” reported the GovernmentTechnology website. Pierluigi Paganini.

Ransomware 70

Ransomware Government Insurance Cybersecurity 70

IT Governance

FEBRUARY 26, 2019

I count this month’s total of leaked records to be 692,853,046, bringing 2019’s total to 2,462,038,109. Cyber attack and ransomware. Crosby ISD’s IT system hacked by ransomware virus. Dr. DeLuca & Dr. Marciano Eye Associates notify almost 24,000 patients after ransomware attack. Data breach.

Data breaches 109

Data breaches Sales Phishing Ransomware 109

Data Matters

OCTOBER 8, 2020

individuals and businesses comply with ransomware payment demands. Ransomware attacks use malware, often injected through phishing schemes, to encrypt a victim’s data files or programs, followed by a ransom demand by the threat actor that offers the decryption key in exchange for payment. sanctions law violations if U.S.

Ransomware 68

Ransomware Compliance Risk Government 68

IT Governance

NOVEMBER 6, 2023

When MOVEit was hacked by the Russian Cl0p ransomware gang in May, email addresses and links to government employee surveys were compromised. Compromised information included patients’ names, dates of birth, postal addresses, Social Security numbers, diagnosis and treatment information, and health insurance information.

Data Privacy 97

Data Privacy Privacy Libraries Security 97

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. IT Governance is closing out the year by rounding up 2019’s biggest information security stories. 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

eDiscovery Daily

JANUARY 30, 2020

Maryland is currently considering a bill to become only the third state after Michigan and Wyoming, to criminalize the possession and distribution of ransomware. Certainly a motivating factor may have occurred when hackers hit Baltimore, Maryland’s largest city, with a RobbinHood ransomware attack on May 7, 2019.

Ransomware 69

Ransomware Cybersecurity Insurance Education 69

IT Governance

MARCH 2, 2020

South Carolina-based United Health notifies patients of 2019 data breach (36). The US Defence Information Systems Administration discloses 2019 cyber attack (unknown). Pacific Specialty Insurance Company notifies plan members of 2019 data breach (unknown). Ransomware. Cyber attacks.

Data breaches 145

Data breaches Ransomware Phishing Personal data 145

eSecurity Planet

APRIL 29, 2024

An old Microsoft Windows spooler flaw is added to the CISA KEV list, and the Cactus Ransomware gang currently pursues unfixed Qlik Sense servers with a vulnerability patched in September 2023. Although fixed in the October 2022 updates, Microsoft notes that the zero-day vulnerability may have been exploited as early as April 2019.

Cybersecurity 112

Cybersecurity Ransomware Access Insurance 112

Security Affairs

JUNE 26, 2019

A few days ago, Riviera Beach City agreed to pay $600,000 in ransom, now a Lake City, another city in Florida, agreed to do the same after a ransomware attack. Lake City is a small city in Florida with a population of 65,000 that was hit by ransomware earlier on June 10. SecurityAffairs – Lake City, ransomware).

Ransomware 90

Ransomware Insurance Government IT 90

KnowBe4

MAY 29, 2019

Ransomware continues to rack up victims. Early this month the City of Baltimore announced ransomware had seized a variety of city government computer systems. One of the most distressing facts about ransomware is that it can be deployed across numerous devices within an organization to maximize the impact. Show Me the Money.

Ransomware 40

Ransomware Security awareness Insurance Cybersecurity 40

The Last Watchdog

APRIL 30, 2019

I had the chance at RSA 2019 to visit with George Wrenn, founder and CEO of CyberSaint Security , a cybersecurity software firm that plays directly in this space. That could be for insurance purposes. “As As with any insurance, cyber insurance really requires due care.” Wrenn said. “So

Cybersecurity 173

Cybersecurity Insurance Security Privacy 173

IT Governance

APRIL 1, 2021

We typically expect ambiguity when it comes to ransomware, because organisations are locked out of their files and can’t calculate what’s been affected. Ransomware. Ransomware. The issue is that in far more cases than we’d expect, the number of breached records wasn’t included in the notification, so we can’t include it here.

Data breaches 130

Data breaches Ransomware Manufacturing e-Delivery 130

Krebs on Security

JUNE 1, 2023

More recently, it appears Megatraffer has been working with ransomware groups to help improve the stealth of their malware. ru , a cost-per-acquisition (CPA) program launched in 2012 that paid handsomely for completed application forms tied to a variety of financial instruments, including consumer credit cards, insurance policies, and loans.

Healthcare 243

Healthcare Passwords Sales Ransomware 243

Security Affairs

JUNE 20, 2019

The Riviera Beach City, Florida, agreed to pay $600,000 in ransom to decrypt its data after a ransomware-based attack hit its computer system. The Riviera Beach City Council voted unanimously to pay $600,000 in ransom to decrypt its records after a ransomware attack hit its systems. “The payment is being covered by insurance.”

Insurance 87

Insurance Ransomware Encryption Government 87

IT Governance

NOVEMBER 20, 2023

a property management company in Kentucky Incident details: The ransomware group Hunters International has added Homeland, Inc. Records breached: Unknown Hunters International claims responsibility for cyber attack on Homeland, Inc. Date of breach: 26 October 2023 Breached organisation: Homeland, Inc., to its leak site.

Data Privacy 52

Data Privacy Privacy Data breaches Security 52

IT Governance

JUNE 27, 2019

Earlier this month, Norsk Hydro published its first quarterly report since it fell victim to a devastating ransomware attack in March. On 19 March 2019, Norsk Hydro’s systems were infected with the LockerGoga ransomware. This means there’s a chance that the network was compromised before the attackers planted the ransomware.

Ransomware 87

Ransomware Phishing Insurance Systems administration 87

Data Matters

JUNE 24, 2021

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

KnowBe4

MARCH 28, 2023

This enormous security gap leaves you open to business email compromise, session hijacking, ransomware and more. I've written quite a few times about specific cyber insurance claim cases that required going to court to settle. Don't get caught in a phishing net! Learn how to avoid having your end users take the bait.

Phishing 88

Phishing Security awareness Insurance Cybersecurity 88

Security Affairs

NOVEMBER 8, 2020

billion in revenue for 2019. Luxottica was hit by a ransomware attack that took place on September 18. In October, the Italian website “ Difesa e Sicurezza ” reported that that the Nefilim ransomware operators have posted a long list of files that appear to belong to Luxottica.

Data breaches 75

Data breaches Insurance Retail Ransomware 75