Security Affairs

APRIL 20, 2021

Car insurance provider Geico has suffered a data breach, attackers have stolen the driver’s licenses for policyholders for several weeks. Geico, the second-largest auto insurer in the U.S., Once discovered the security breach, Geico secured the website and launched an investigation into the incident to determine the root cause.

Insurance 122

Insurance Data breaches Sales Security 122

The Last Watchdog

DECEMBER 27, 2021

In 2021, we endured the fallout of a seemingly endless parade of privacy controversies and milestone cyber attacks. Related: The dire need to security-proof APIs. Last Watchdog sought commentary from technology thought leaders about lessons learned in 2021– and any guidance they might have to offer heading into 2022.

Privacy 235

Privacy Cybersecurity Ransomware Insurance 235

Data Matters

SEPTEMBER 20, 2021

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. The changes are effective December 31, 2021.

Insurance 88

Insurance e-Delivery Paper Sales 88

Security Affairs

JANUARY 3, 2022

Which are the cyber attacks of 2021 that had the major impact on organizations worldwide in terms of financial losses and disruption of the operations? According to Bloomberg , CNA Financial opted to pay the ransom two weeks after the security breach because it was not able to restore its operations. The pipeline allows carrying 2.5

Ransomware 105

Ransomware Cybersecurity Access Insurance 105

Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance. If the technology were to become unavailable, the resulting business impact could be mitigated with cyber insurance.

Insurance 76

Insurance Risk Cybersecurity Ransomware 76

Krebs on Security

NOVEMBER 19, 2021

Ken Otsuka is a senior risk consultant at CUNA Mutual Group , an insurance company that provides financial services to credit unions. Unfortunately, Otsuka said, the scammers are defeating this layered security control as well. The caller’s number will be spoofed so that it appears to be coming from the victim’s bank.

IT 355

IT Passwords Authentication Phishing 355

The Last Watchdog

JULY 13, 2023

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. The perceived threat of cyber risk to global business leaders peaked in 2021 (34%) and over the past two years, the risk perception has dropped (27%).

Risk 189

Risk Insurance Energy and Utilities Marketing 189

Schneier on Security

JANUARY 25, 2022

The insurance company Ace American has to pay for the losses: On 6th December 2021, the New Jersey Superior Court granted partial summary judgment (attached) in favour of Merck and International Indemnity, declaring that the War or Hostile Acts exclusion was inapplicable to the dispute. Merck suffered US$1.4 Merck suffered US$1.4

Insurance 71

Insurance Risk Government IT 71

Krebs on Security

MARCH 2, 2023

The Biden administration today issued its vision for beefing up the nation’s collective cybersecurity posture, including calls for legislation establishing liability for software products and services that are sold with little regard for security. ” Many of the U.S. government-wide Solar Winds compromise.

Cybersecurity 241

Cybersecurity Insurance Cloud Marketing 241

KnowBe4

MAY 18, 2022

Whoa Nellie, that's getting to be real money here. This is the kind of thing that starts cutting into your whole IT budget.

Insurance 120

Insurance IT Security awareness Security 120

Hunton Privacy

AUGUST 2, 2021

Connecticut recently passed two cybersecurity laws that will become effective on October 1, 2021. On June 16, 2021, Connecticut Governor Ned Lamont signed HB 5310, An Act Concerning Data Privacy Breaches. On July 6, 2021, Governor Ned Lamont signed HB 6607, An Act Incentivizing the Adoption of Cybersecurity Standards for Businesses.

Cybersecurity 87

Cybersecurity Insurance Military Data Privacy 87

eSecurity Planet

NOVEMBER 5, 2021

The tool uses security analytics to detect anomalous activity that deviates from a baseline of "normal" user behaviors and notifies parties when unusual behavior occurs. It offers risk assessment, auditing, incident management, mitigation, and compliance management to ensure a solid security posture. Learn more about MetricStream.

Risk 116

Risk Compliance Cloud Access 116

IT Governance

FEBRUARY 15, 2022

This is as true in the cyber security landscape as it is in any other. To help you understand what might be in store in 2022, we’ve collected nine forecasts from cyber security experts. Cyber insurance will become more popular and more comprehensive. Cyber insurance premiums will increase. But predictions are difficult.

Security 142

Security Insurance Authentication Passwords 142

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. Also Read: Best Encryption Tools & Software for 2021. Raising awareness about ransomware is a baseline security measure. A ransomware attack is about as bad as a cyber attack can get.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Krebs on Security

APRIL 26, 2021

Last week, KrebsOnSecurity heard from a reader who had his freeze thawed without authorization through Experian’s website, and it reminded me of how truly broken authentication and security remains in the credit bureau space. “They’re allowing this huge security gap so they can make a profit. .”

Security 323

Security Authentication Access Insurance 323

Krebs on Security

MARCH 4, 2022

Today’s Part III looks at how Conti abused a panoply of popular commercial security services to undermine the security of their targets, as well as how the team’s leaders strategized for the upper hand in ransom negotiations with victims. As it happens, Conti itself recently joined the $100 million club.

Ransomware 212

Ransomware Insurance Security IT 212

IT Governance

AUGUST 2, 2021

We found 86 security incidents in July 2021, which accounted for 33,727,641 breached records. Those figures bring the annual running total of security incidents to 815 and the total number of breached records to 3,980,757,735. If you find yourself facing a cyber security disaster, IT Governance is here to help.

Data breaches 105

Data breaches Ransomware Insurance Personal data 105

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.

e-Discovery 138

e-Discovery Computer and Electronics Marketing Compliance 138

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.

Risk 128

Risk Compliance Marketing Cybersecurity 128

The Last Watchdog

FEBRUARY 8, 2021

The Health Insurance Portability and Accountability Act — HIPAA — has undergone some massive changes in the past few years to minimize the burden of healthcare entities. Cyberattacks against healthcare entities rose 45 percent between November 2020 and January 2021, according to Check Point.

Energy and Utilities 196

Energy and Utilities Security Compliance Cybersecurity 196

IT Governance

JUNE 1, 2021

If you find yourself facing a cyber security disaster, IT Governance is here to help. For the second month in a row, ransomware has dominated our list of data breaches and cyber attacks. Of the 128 publicly disclosed incidents that we discovered in May, more than 40% of them were ransomware attacks.

Data breaches 124

Data breaches Ransomware Insurance Energy and Utilities 124

Krebs on Security

JANUARY 26, 2024

Authorities in Australia, the United Kingdom and the United States this week levied financial sanctions against a Russian man accused of stealing data on nearly 10 million customers of the Australian health insurance giant Medibank. “REvil was among the most notorious cybercrime gangs in the world until July 2021 when they disappeared.

Ransomware 241

Ransomware Retail Insurance Government 241

IT Governance

JULY 7, 2021

The number of officially reported HMRC-branded phishing scams increased from 572,029 in the 2019–2020 fiscal year to 1,069,522 in 2020–2021, according to data obtained under the Freedom of Information Act. Lanop Outsourcing, the accountancy firm that made the FOI request, revealed that most of the scams claimed to be tax rebates or refunds.

Phishing 98

Phishing Manufacturing Insurance Data breaches 98

IT Governance

SEPTEMBER 1, 2021

Travel and medical insurance provider guard.me Travel and medical insurance provider guard.me Travel and medical insurance provider guard.me If you find yourself facing a cyber security disaster, IT Governance is here to help. And it would have been even fewer if not for the attack on T-Mobile. Cyber attacks.

Data breaches 140

Data breaches Ransomware Insurance Data migration 140

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. 2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. Insurers should: Establish a Formal Cyber Insurance Risk Strategy.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

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.

Insurance 70

Insurance Cybersecurity Risk Education 70

Data Protection Report

OCTOBER 3, 2021

Effective October 1, 2021, an amendment [1] to the Connecticut General Statute concerning data privacy breaches, Section 36a-701b, will impact notification obligations in several significant ways. Provides certain exemptions from public disclosure for materials provided to the state in response to an investigation of a breach of security.

Data breaches 142

Data breaches IT Insurance Passwords 142

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.

Ransomware 276

Ransomware Cybersecurity Phishing Security 276

IT Governance

JULY 1, 2021

We found a comparatively low 9,780,931 breached records from publicly disclosed security incidents in June 2021. June’s figures bring the annual running total of security incidents to 729 and the total number of breached records to 3,947,030,094.

Data breaches 130

Data breaches Ransomware Computer and Electronics Retail 130

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.

Risk 144

Risk Security Passwords Phishing 144

IT Governance

NOVEMBER 1, 2021

In October, we discovered 94 publicly disclosed cyber security incidents, accounting for 51,248,331 breached records. And don’t forget to check out our Q3 2021 data breaches and cyber attacks quarterly review , in which we take a closer look at the information gathered in our monthly lists. Cyber attacks. Ransomware. Data breaches.

Data breaches 116

Data breaches Ransomware Government Education 116

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. . NYDFS also found that Carnival had failed to implement basic protocols to prevent data breaches.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Krebs on Security

DECEMBER 8, 2022

Alex Holden is founder of Hold Security , a Milwaukee-based cybersecurity firm. The CLOP members said one tried-and-true method of infecting healthcare providers involved gathering healthcare insurance and payment data to use in submitting requests for a remote consultation on a patient who has cirrhosis of the liver.

Ransomware 274

Ransomware Metadata Insurance Encryption 274

Krebs on Security

APRIL 28, 2021

Bill Demirkapi , an independent security researcher who’s currently a sophomore at the Rochester Institute of Technology , said he discovered the data exposure while shopping around for student loan vendors online. Data security has always been, and always will be, our highest priority.”

Insurance 354

Insurance Access Authentication Security 354

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 company provides HVAC (heating, ventilation, and air conditioning), solutions for building automation, fire and security systems, and components for energy management.

Ransomware 109

Ransomware Insurance Cybersecurity Encryption 109

Security Affairs

JULY 24, 2022

A new round of the weekly Security Affairs newsletter arrived! Every week the best security articles from Security Affairs for free in your email box. The post Security Affairs newsletter Round 375 by Pierluigi Paganini appeared first on Security Affairs. Follow me on Twitter: @securityaffairs and Facebook.

Security 86

Security Ransomware Insurance Analytics 86

Thales Cloud Protection & Licensing

NOVEMBER 9, 2021

Evolution of Cloud Security: From Shared Responsibility to Shared Fate. Tue, 11/09/2021 - 11:20. The increasing legal exposure for global enterprises that need to comply with more and more security privacy regulations. The attractiveness of cloud computing is creating new security challenges every day.

Cloud 123

Cloud Security Encryption Insurance 123