Krebs on Security

DECEMBER 8, 2022

Alex Holden is founder of Hold Security , a Milwaukee-based cybersecurity firm. First spotted in mid-August 2022 , Venus is known for hacking into victims’ publicly-exposed Remote Desktop services to encrypt Windows devices. Encrypting sensitive data wherever possible. “ Cl0p ” a.k.a. healthcare organizations.

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Ransomware Metadata Insurance Encryption 261

eSecurity Planet

AUGUST 27, 2021

Cyberattacks caused by supply chain vulnerabilities mean organizations need a renewed perspective on how to address third-party security. BitSight Security Ratings Platform. Ten years after BitSight became a pioneer in the security ratings space, the Boston-based company holds 32 patents and has rated over 40 million companies.

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Risk Compliance Marketing Cybersecurity 130

Hunton Privacy

FEBRUARY 25, 2021

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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Insurance Cybersecurity Risk Education 70

Security Affairs

OCTOBER 9, 2021

American media conglomerate Cox Media Group (CMG) was hit by a ransomware attack that took down live TV and radio broadcast streams in June 2021. The American media conglomerate Cox Media Group (CMG) announced it was hit by a ransomware attack that caused the interruption of the live TV and radio broadcast streams in June 2021.

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Ransomware Insurance Encryption Authentication 106

Security Affairs

SEPTEMBER 28, 2023

The company provides HVAC (heating, ventilation, and air conditioning), solutions for building automation, fire and security systems, and components for energy management. “The threat actors also claim to have stolen over 27 TB of corporate data and encrypted the company’s VMWare ESXi virtual machines during the attack.”

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Ransomware Insurance Cybersecurity Encryption 121

Security Affairs

MAY 15, 2023

Compromised organizations operate in different business verticals, including manufacturing, wealth management, insurance providers, and pharmaceuticals. The ransomware supports intermittent encryption to speed up the encryption process. This process encrypts only a certain part of the source file’s contents, not the entire file.”

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Ransomware Encryption Healthcare Insurance 91

IT Governance

JUNE 15, 2022

In an increasingly digital world, there are an escalating number of cyber security risks for business to address. IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average. Poor patch management. Weak passwords.

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Risk Security Passwords Phishing 144

Thales Cloud Protection & Licensing

DECEMBER 22, 2020

Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing. New EU restrictions could force companies to change data transfer practices and adopt more advanced data encryption methods. In recent years, costly breaches and evolving data security concerns have bubbled up to a board level agenda item.

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Thales Cloud Protection & Licensing

MAY 9, 2022

This demonstrates that there are still some businesses that have not learned the lessons of the Colonial Pipeline attack and listened to what security experts and the U.S. The White House Executive Order on Improving the Nation’s Cybersecurity from May 12, 2021 and the supporting Office of Management Budget Federal Strategy to Move the U.S.

Insurance 71

Insurance Ransomware Encryption Authentication 71

Data Matters

OCTOBER 12, 2021

As articulated in President Biden’s May 2021 Executive Order , Improving the Nation’s Cybersecurity , “[t]he United States faces persistent and increasingly sophisticated malicious cyber campaigns that threaten the public sector, the private sector, and ultimately the American people’s security and privacy.” million, or 80%.

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Data breaches Security Compliance Cloud 97

Hunton Privacy

OCTOBER 15, 2021

On October 12, 2021, New Jersey Acting Attorney General Andrew J. The Division of Consumer Affairs alleged that the fertility clinic violated the New Jersey Consumer Fraud Act and the federal Health Insurance Portability and Accountability Act’s (“HIPAA”) Privacy and Security Rules by removing protected health information (“PHI”) safeguards.

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Data breaches Privacy Insurance Information Security 103

eSecurity Planet

JUNE 16, 2022

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. The 2022 SonicWall Cyber Threat Report found that all types of cyberattacks increased in 2021. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 Also read: Best Antivirus Software of 2022. Ransomware.

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Ransomware Cybersecurity Phishing Encryption 145

eSecurity Planet

JANUARY 21, 2021

It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. IT governance and security. Insurance & claims management. The RSA Archer Suite can be customized for organizations of all sizes and industries. Enterprise & operational risk management.

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Compliance Risk Government Retail 67

eSecurity Planet

OCTOBER 5, 2021

Estimates vary, but a recent FortiGuard Labs Global Threat Landscape Report found an almost 10-fold increase in ransomware attacks between mid-2020 and mid-2021. Our top managed security service providers (MSSPs) list is also a good place to look for help. Kaspersky’s key ransomware and security services. DataRecovery.

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Ransomware Encryption Cybersecurity Insurance 139

HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Hunton Privacy

JULY 16, 2021

On July 13, 2021, federal bank regulators – the Board of Governors of the Federal Reserve System (the “Board”), the Federal Deposit Insurance Corporation (“FDIC”) and the Office of the Comptroller of the Currency (“OCC”) (collectively, the “Regulators”) – requested public comment on proposed joint guidance regarding banking organizations’ management (..)

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Risk Insurance Sales Encryption 81

Krebs on Security

APRIL 3, 2023

. “ The Private Office of John Bernard ” let it be known to investment brokers that he had tens of millions of dollars to invest in tech startups, and he attracted a stream of new victims by offering extraordinarily generous finder’s fees to brokers who helped him secure new clients. Nor does it mention CodesToYou.

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Communications Marketing Security Insurance 210

Thales Cloud Protection & Licensing

AUGUST 3, 2021

Tue, 08/03/2021 - 09:44. Patient records were always valued by attackers for launching sophisticated insurance fraud schemes, purchasing medical supplies or drugs, or committing other types of fraud including identity theft. Once COVID-19 arrived, the healthcare organizations found themselves confronting a new digital security threat.

IoT 87

IoT Encryption Cloud Authentication 87

eSecurity Planet

SEPTEMBER 14, 2022

According to statistics from the FBI’s 2021 Internet Crime Report , complaints to the Internet Crime Complaint Center (IC3) have been rising since 2017. In 2021 alone, IC3 received 847,376 complaints which amounted to $6.9 Finance and insurance finished a close second at 22.4%. Cybercrime is a growth industry like no other.

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Energy and Utilities Phishing Blockchain Cybersecurity 120

Thales Cloud Protection & Licensing

AUGUST 3, 2021

Tue, 08/03/2021 - 09:44. Patient records were always valued by attackers for launching sophisticated insurance fraud schemes, purchasing medical supplies or drugs, or committing other types of fraud including identity theft. Once COVID-19 arrived, the healthcare organizations found themselves confronting a new digital security threat.

IoT 71

IoT Encryption Cloud Compliance 71

Security Affairs

SEPTEMBER 10, 2020

At the time of the attack, the ransomware operators published images of the data they claim to have stolen before encrypting the systems at the company. These images include a screenshot of folders on a SeaChange server compromised by the gang, insurance certificates, a driver’s license, and a cover letter for a proposal sent to the Pentagon.

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Ransomware Data breaches Insurance Encryption 67

IBM Big Data Hub

JULY 7, 2023

But with a proactive approach to data security, organizations can fight back against the seemingly endless waves of threats. IBM Security X-Force found the most common threat on organizations is extortion, which comprised more than a quarter (27%) of all cybersecurity threats in 2022. Where do data breaches originate?

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Security Data breaches Data Privacy Compliance 40

eSecurity Planet

OCTOBER 14, 2022

Sky Mavis has taken steps to improve its security. The risks are high as it’s a new, loosely regulated industry with many new technologies that may not be fully vetted or secured.”. Regardless of the merits of this vision, the fragmentation of the technology has become a problem for security. Web3 Security Options.

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Cybersecurity Blockchain Insurance Security 119

ForAllSecure

MAY 19, 2023

As software development teams move towards a DevOps culture, security is becoming an increasingly important aspect of the development process. DevSecOps is a practice that integrates security into the DevOps workflow. According to GitLab’s 2022 Global DevSecOps Survey , there isn’t enough clarity around who owns security.

Compliance 52

Compliance Libraries Risk Security 52

eSecurity Planet

JULY 8, 2022

The global cost of ransomware has risen from $325 million to $20 billion from 2016 to 2021, and on average, only 65% of encrypted data was restored after a ransom was paid. Top DR Solutions Including Security Features. eSecurity Planet evaluated many different disaster recovery solutions with a focus on security features.

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Ransomware Cloud Encryption Marketing 137

Adam Levin

NOVEMBER 17, 2020

Mobile payment platforms, like Apple Pay and Google Pay, use advanced technology, like fingerprint authentication and tokenization (in which credit card account numbers are replaced by randomly generated numbers) to provide brick-and-mortar shoppers with an added layer of security. Browse online using secure networks.

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Retail e-Delivery Passwords Phishing 97

DLA Piper Privacy Matters

AUGUST 23, 2021

In good news for organisations handling personal information, China’s Personal Information Protection Law (“ PIPL ”) was finalised on 20 August 2021, and will come into force on 1 November 2021. This aligns with a similar provision in the new Data Security Law.

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Data Privacy Privacy Compliance Analytics 111

Krebs on Security

JANUARY 19, 2022

is perhaps better known as the online identity verification service that many states now use to help staunch the loss of billions of dollars in unemployment insurance and pandemic assistance stolen each year by identity thieves. I went with and would encourage others to use the strongest MFA option — a physical Security Key.

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Access Insurance Authentication Government 363

Krebs on Security

DECEMBER 13, 2021

The consulting firm PricewaterhouseCoopers recently published lessons learned from the disruptive and costly ransomware attack in May 2021 on Ireland’s public health system. Ireland’s Health Service Executive (HSE), which operates the country’s public health system, got hit with Conti ransomware on May 14, 2021.

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eSecurity Planet

APRIL 6, 2023

Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. These keys are available to the attacker, and the encryption can only be decrypted using a private key. How Does Ransomware Work?

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Ransomware Encryption Cybersecurity Risk 97

IT Governance

JUNE 1, 2023

On this page, you will find all our usual information breaking down the month’s security incidents. Meanwhile, you can subscribe to our Weekly Round-up to receive the latest cyber security news and advice delivered straight to your inbox. However, we’ve decided to consolidate our records onto a single page.

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Data breaches Insurance Personal data Ransomware 122

eSecurity Planet

AUGUST 13, 2021

Since the inception of data forensics almost forty years ago, methods for investigating security events have given way to a market of vendors and tools offering digital forensics software (DFS). This article looks at the top digital forensic software tools of 2021 and what customers should consider when buying or acquiring a DSF tool.

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e-Discovery Computer and Electronics Marketing Compliance 139

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Thu, 08/12/2021 - 05:19. Be it health care or information security, it reasonably attempts to take actions in advance. There are plenty of guidelines laying down basic and advanced steps for identifying dangerous entries by leveraging high-tech security suites. Your own systems may fail to process the encryption key.

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Ransomware Encryption Insurance Honeypots 71

Krebs on Security

DECEMBER 29, 2022

Until recently, I was fairly active on Twitter , regularly tweeting to more than 350,000 followers about important security news and stories here. The records also reveal how Conti dealt with its own internal breaches and attacks from private security firms and foreign governments. million users. ” SEPTEMBER.

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Passwords Ransomware Computer and Electronics Encryption 229

eSecurity Planet

OCTOBER 21, 2021

They took advantage of the weaknesses inherent in an increasingly connected world and highlighted the need for companies to not only ensure their own security but also look at the security of their vendors and put into place necessary protections. Further reading: Best Third-Party Risk Management (TPRM) Tools of 2021.

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Security Ransomware Risk Cybersecurity 120

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.

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Insurance Blockchain Big data Risk 68

Data Matters

NOVEMBER 22, 2021

On November 18, 2021, a group of federal bank regulators announced a final rule requiring banks to notify their primary federal regulator of any “significant computer-security incidents.” The rule was initially proposed in January 2021. These occurrences are “computer-security incidents.”. Background.

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