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 110

Ransomware Cybersecurity Access Insurance 110

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 81

Insurance Risk Cybersecurity Ransomware 81

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 70

Insurance Risk Government IT 70

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

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 127

Insurance IT Security awareness Security 127

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

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

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 130

Risk Compliance Marketing Cybersecurity 130

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

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. Avanan’s 2021 Global Phish Cyber Attack Report found that credential harvesting is used in 54% of all phishing attacks.

Phishing 98

Phishing Manufacturing Insurance Data breaches 98

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 312

Security Authentication Access Insurance 312

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. Cyber attacks. Malicious insiders and miscellaneous incidents.

Data breaches 140

Data breaches Ransomware Insurance Data migration 140

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

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 91

Security Ransomware Insurance Analytics 91

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

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

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

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

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.”. What will become uninsurable is going to be cyber,” Mario Greco told the Financial Times.

Insurance 90

Insurance Risk Ransomware IT 90

Lenny Zeltser

JULY 1, 2020

To achieve this, the scammer: Obtains the victim’s personal information , including name, date of birth, social security number, address, and probably employment history. Though this website normally provides free credit reports once a year , due to COVID-19, it offers them weekly “through April 2021.”

Insurance 116

Insurance Data breaches Government IT 116

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. Johnson Controls International announced it has suffered a ransomware attack that impacted many systems of the company, Bleeping Computer reported.

Ransomware 115

Ransomware Insurance Cybersecurity Encryption 115

IT Governance

APRIL 1, 2021

Don’t be fooled by the fact that we only recorded 20,995,371 breached records in March; it was one of the leakiest months we’ve ever seen, with 151 recorded incidents. By comparison, there was a seemingly Lilliputian 82 recorded breaches in January and 118 in February.

Data breaches 130

Data breaches Ransomware Manufacturing e-Delivery 130

eSecurity Planet

FEBRUARY 14, 2023

I remember the first time we were asked for a SOC 2 report, which quickly became the minimum bar requirement in our industry for proof of an effective security program,” he said. The vision was to automate security and compliance across 14 frameworks, including SOC 2, ISO 27001, HIPAA and GDPR. Growth has definitely been robust. “Our

Compliance 115

Compliance Security Cybersecurity Marketing 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 257

Ransomware Metadata Insurance Encryption 257

Security Affairs

NOVEMBER 10, 2023

The security breach exposed the sensitive personal information of 2,192,515 people. Exposed information varied by individual and may include some combination of certain individuals’ names, social Security number, health insurance information, date of birth, and medical information. million individuals. It is a $6.6

Data breaches 106

Data breaches Ransomware Insurance Manufacturing 106

eSecurity Planet

MAY 5, 2021

These services are managed by outsourced teams of experts to help remove some of the need for dedicated onsite security staff and to decrease the amount of day-to-day work for their clients. Here is our list of the top MDR services for 2021. The company currently secures $5.7 Key differentiators: Dedicated security advisor.

Cloud 57

Cloud Compliance Artificial Intelligence Analytics 57

Security Affairs

FEBRUARY 22, 2022

The attack took place on October 25, 2021, as reported by the data breach notification letter shared with the U.S. “On or around October 25, 2021, Meyer was the victim of a cybersecurity attack by an unauthorized third party that impacted our systems and operations. Attorney General offices of Maine and California.

Data breaches 99

Data breaches Insurance Ransomware Cybersecurity 99

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.

Ransomware 98

Ransomware Insurance Encryption Authentication 98

Security Affairs

OCTOBER 30, 2021

The security breach took place between June 2020 and January and impacted more than 209,048 individuals. Potentially exposed data include social security numbers, insurance information and medical information. For some individuals, a Social Security number and/or driver’s license number was also involved.”

Access 91

Access Insurance Data breaches Security 91

Security Affairs

JULY 10, 2021

Every week the best security articles from Security Affairs free for you in your email box. The post Security Affairs newsletter Round 322 appeared first on Security Affairs. A new round of the weekly SecurityAffairs newsletter arrived! If you want to also receive for free the international press subscribe here.

Security 53

Security Ransomware Data breaches Insurance 53

Krebs on Security

APRIL 27, 2023

Until being contacted by this reporter on Monday, the state of Vermont had at least five separate Salesforce Community sites that allowed guest access to sensitive data, including a Pandemic Unemployment Assistance program that exposed the applicant’s full name, Social Security number, address, phone number, email, and bank account number.

Access 285

Access Authentication Information Security Communications 285

Security Affairs

NOVEMBER 8, 2023

The investigation into the incident is still ongoing, the company has yet to determine the scope of the security breach. Chatham-Kent Health Alliance reported that threat actors had access to data belonging to 1446 employees who worked in the hospital as of February 2021.

Ransomware 112

Ransomware Insurance Access Phishing 112

Krebs on Security

AUGUST 17, 2023

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: ZeroFox.

Phishing 187

Phishing Passwords Insurance Sales 187

Krebs on Security

MARCH 17, 2023

In November 2021, KrebsOnSecurity broke the news that thousands of fake emails about a cybercrime investigation were blasted out from the FBI’s email systems and Internet addresses. More recently, BreachForums was the sales forum for data stolen from DC Health Link , a health insurance exchange based in Washington, D.C.

Sales 301

Sales Data breaches Insurance Access 301

Security Affairs

JANUARY 7, 2022

FIN7 using this technique to target businesses in the transportation and insurance industries since August 2021, while it started targeting defense firms since November 2021. The post FIN7 group continues to target US companies with BadUSB devices appeared first on Security Affairs. Pierluigi Paganini.

Insurance 84

Insurance Ransomware Access Security 84