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Cyber-insurance – 72 hours for the insured party to file a criminal complaint: GDPR’s false friend

Data Protection Report

The French Information and Digital Security Experts Club ( CESIN ) has estimated that 54% of French companies were subject to cyberattacks in 2021, [1] while France Assureurs has put cyberattack risks on top of all other risks for the sixth year in a row. [2] 12-10-1 into the French Insurance code.

Insurance 105
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Insurance firm CNA discloses data breach after March ransomware attack

Security Affairs

Insurance giant CNA notifies customers of a data breach after the Phoenix CryptoLocker ransomware attack suffered in March. US insurance giant CNA is notifying customers of a data breach after the ransomware attack that it suffered in March. Bloomberg was informed about the payment by two people familiar with the attack.

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

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.

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GUEST ESSAY: HIPAA’s new ‘Safe Harbor’ rules promote security at healthcare firms under seige

The Last Watchdog

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.

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Ransomware Protection in 2021

eSecurity Planet

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.

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Best Risk Management Software for 2021

eSecurity Planet

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 StandardFusion.

Risk 116
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Catches of the month: Phishing scams for July 2021

IT Governance

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. HMRC scams continue to cause havoc. Test your employees’ ability to detect a scam with our simulated phishing attack.