Data Breach Today

FEBRUARY 3, 2023

So warns cyber insurer Coalition, based on analyzing in-the-wild attacks seen in 2022 via underwriting and claims data, scans of IP addresses and honeypots.

Insurance 130

Insurance Honeypots Cloud Access 130

Hunton Privacy

MAY 4, 2022

In April 2022, two states enacted insurance data security legislation based on the National Association of Insurance Commissioners (“NAIC”) Insurance Data Security Model Law (MDL-668).

Insurance 110

Insurance Security Compliance Cybersecurity 110

Security Affairs

JANUARY 6, 2024

Merck has resolved a dispute with insurers regarding a $1.4 Merck and its insurers have agreed with a $1.4 billion insurance claim for the losses caused by the NotPetya attack that took place in 2017. Merck had not taken out specific insurance to cover cyber attacks, it only had insurance coverage against general risks.

Insurance 105

Insurance Healthcare Manufacturing Ransomware 105

Data Breach Today

SEPTEMBER 25, 2023

No Word Yet on Hospital Chain's Cyber Insurance Claim, Multiple Lawsuits Pending Chicago-based CommonSpirit is still waiting to hear back on its insurance claim for an October 2022 ransomware attack, but the hospital chain said disruption of some facilities and "significantly" hampered billing and collection activities contributed to a $1.4

Insurance 268

Insurance Ransomware IT 268

KnowBe4

SEPTEMBER 28, 2023

The latest cyber claims report from Coalition , a digital risk insurance provider, finds a 12% increase in cyber insurance claims in the first half of 2023 over the second half of 2022, due to surging attack frequency and severity.

Insurance 102

Insurance Risk Ransomware Security 102

KnowBe4

OCTOBER 17, 2023

Popular cyber insurers are claiming that cybercriminals made ransomware attacks popular again in 2023 after a slight break in 2022.

Insurance 100

Insurance Ransomware 100

Data Matters

OCTOBER 20, 2022

Treasury Department is seeking public comment on the need and scope for a potential federal insurance response to catastrophic cyber incidents, akin to the one put in place for terrorism insurance after the attacks of September 11, 2001. The request, published by the Federal Insurance Office (FIO) in the U.S. Background.

Insurance 88

Insurance Marketing Cybersecurity Risk 88

Data Breach Today

MAY 24, 2023

Company Executive Hopes Insurance Will Help Cover Most Costs Hospital chain CommonSpirit has upped its estimate on the financial toll incurred by a ransomware incident last fall that disrupted IT systems and patient services at some of its facilities for weeks.

Ransomware 130

Ransomware Insurance IT 130

Security Affairs

APRIL 23, 2023

Non-profit health insurer Point32Health suffered a ransomware attack and has taken systems offline in response to the incident. Non-profit health insurer Point32Health has taken systems offline in response to a ransomware attack that took place on April 17. ” reads the statement published by the insurer.

Insurance 78

Insurance Ransomware Cybersecurity Education 78

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group expects to expose an initial draft of the white paper in advance of the Fall 2022 Meeting. 1. NAIC to Develop New Privacy Model Law. 26R — Bonds (SSAP No.

Insurance 78

Insurance Paper Privacy Risk 78

KnowBe4

DECEMBER 30, 2022

Analysis of the year’s breaches shows Finance and Insurance businesses are the most targeted and have lost a material count of records as a result.

Insurance 87

Insurance Data breaches Security awareness Security 87

Data Protection Report

MARCH 21, 2023

2] In this context, the Directorate General of the French Treasury has put forward a plan of action with a view to clarifying the cyber-insurance legal framework, better gauging cyber-risks, and enhancing companies’ awareness as regards cyber-risks. 12-10-1 into the French Insurance code. However, in the end, Article L.12-10-1

Insurance 104

Insurance Data breaches Personal data GDPR 104

Hunton Privacy

JUNE 9, 2022

On May 27, 2022, Vermont Governor Phil Scott signed H.515 515 , making Vermont the twenty-first state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). Information Security Program Requirements.

Insurance 107

Insurance Security Information Security Cybersecurity 107

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. Tue, 05/10/2022 - 05:43. The necessity for cyber-insurance coverage. With cyber attacks amounting to a question of when and not if, cyber insurance becomes crucial for ensuring business continuity and mitigating the business impact of attacks – should they occur.

Insurance 77

Insurance Authentication Risk Ransomware 77

OpenText Information Management

MARCH 8, 2023

As the frequency and scope of cyberattacks increases, so does the cost of cyber insurance. And the rise is dramatic.

Insurance 71

Insurance Compliance Security 71

Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. According to a report by IDC , by the end of 2022, nearly 65% of the global GDP will be digitized — reliant on a digital system of some kind. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance.

Insurance 80

Insurance Risk Cybersecurity Ransomware 80

KnowBe4

DECEMBER 28, 2022

27, 2022, The Ohio Supreme Court ruled in favor of an insurance company, determining that its contract to cover any direct physical loss or damage to property did not encompass ransom payments made when a hacker illegally gained access to medical billing software company EMOIs systems and data.

Insurance 80

Insurance Ransomware Access IT 80

Security Affairs

DECEMBER 1, 2023

The Black Basta ransomware gang infected over 300 victims accumulating ransom payments exceeding $100 million since early 2022. The Black Basta ransomware group has been active since April 2022, like other ransomware operations, it implements a double-extortion attack model. ” reads the Elliptic’s report.

Ransomware 82

Ransomware Blockchain Retail Insurance 82

Everteam

DECEMBER 27, 2022

2022 Retrospective. 27 December 2022. Why not start this year 2023, going back for a few seconds to 2022. Here is our 2022 retrospective, 1 year of work, good times, and fun spent creating content for you. Content created for you on 2022. . Adrian CIOCAN – La MAIF / MAIF Insurance. Anne-Claire Girard.

Records Management 52

Records Management Information governance Archiving Government 52

Data Matters

FEBRUARY 25, 2022

Join us from February 28 – March 3 for DPFS Week 2022 , a series of webinars looking at the impacts of data privacy across the financial sector. How to deal with and manage the key issues for 2022, such as AI, data governance, and international transfers. For questions or more information, please click here to contact us.

Financial Services 103

Financial Services Privacy Data Privacy Cybersecurity 103

Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. The HardBit ransomware group first appeared on the threat landscape in October 2022, but unlike other ransomware operations, it doesn’t use a double extortion model at this time. Very important!

Insurance 79

Insurance Ransomware Encryption IT 79

Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. Tue, 07/05/2022 - 05:29. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. The function of cybersecurity insurance. What does cybersecurity insurance cover? regulations.

Insurance 71

Insurance Cybersecurity Cleanup Ransomware 71

Security Affairs

JANUARY 17, 2022

The pre-release announcement for Critical Patch Update (CPU) for January 2022 states that Oracle will fix 483 new flaws. This pre-release announcement for Critical Patch Update (CPU) for January 2022 confirms that Oracle security updates will address 483 new security patches. Pierluigi Paganini. SecurityAffairs – hacking, CPU).

Communications 101

Communications Financial Services Big data Retail 101

Security Affairs

FEBRUARY 26, 2023

In February 2022, the American media and publishing giant News Corp revealed it was the victim of a cyber attack from an advanced persistent threat actor that took place in January 2022. The investigation conducted by News Corporation (News Corp) revealed that attackers remained on its network for two years.

IT 87

IT Data breaches Insurance Cybersecurity 87

IT Governance

JULY 5, 2022

Welcome to our July 2022 review of phishing attacks, in which we explore the latest email scams and the tactics that cyber criminals use to trick people into handing over their personal data. It added: “We are working with local law enforcement, GEMA, GBI, and insurance officials to recover the funds. It found that 23.6% Get started.

Phishing 116

Phishing e-Delivery Retail Insurance 116

OpenText Information Management

JANUARY 10, 2022

As we head into 2022, it’s clear that the Financial Services industry overall has responded well to the impact of COVID-19 — but it hasn’t emerged unscathed. The future remains uncertain apart from one thing: Financial Services … The post Key trends for the Financial Services industry in 2022 appeared first on OpenText Blogs.

Financial Services 125

Financial Services IT Insurance 125

IT Governance

NOVEMBER 1, 2022

Welcome to our October 2022 review of data breaches and cyber attacks. The post List of Data Breaches and Cyber Attacks in October 2022 – 9.9 We identified 102 security incidents throughout the month, which is the second largest figure so far this year – trailing only August (112).

Data breaches 111

Data breaches Ransomware Insurance Phishing 111

IT Governance

JANUARY 3, 2023

As tempting as it is turn our backs on 2022 and look forward to the new year, let’s take a moment to consider the security incidents that occurred, for better or worse, at the back end of last year. In total, we found 78 publicly recorded data breaches in December 2022, which accounted for 31,586,757 breached records.

Data breaches 115

Data breaches Ransomware e-Discovery Insurance 115

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. Companies with an annual revenue of US$250,000 to US$999,999 report feeling less prepared to deal with cyber risks in 2023 (76%) than they did in 2022 (70%).

Risk 161

Risk Insurance Energy and Utilities Marketing 161

Collibra

APRIL 9, 2021

Recapping a discussion moderated by Stijn Christiaens and featuring insurance data experts from Deloitte UK . Insurance is a data-intensive business. Insurance companies need data to better assess risks and price policies competitively, but also profitably. Drivers for cloud adoption. Mobilizing data governance programs.

Insurance 59

Insurance Cloud Data science Analytics 59

Info Source

NOVEMBER 13, 2023

KEY TAKEAWAYS The demand for Capture & IDP solutions in the EMEA region grew at a double-digit rate in 2022 and exceeded 2 billion US$ based on end customer investments. The input sources related to the digitisation of paper-based business inputs i.e., scanners, MFPs, and fax machines remained stable in 2022.

Information capture 52

Information capture Marketing Records Management Paper 52

Info Source

OCTOBER 21, 2022

Modernizing Capture in the Health Insurance Market with Greg Froning. Interview with Ralph Gammon, What to Expect at Capture 2022. I’d also like to express my thanks to our 2022 conference speakers and sponsors. The Evolving Landscape of Loan Mortgage Processing with Mark Swift. A Conversation with Tim Anderson of Epson.

Digital transformation 52

Digital transformation Insurance Marketing Cloud 52

IT Governance

MARCH 31, 2022

That brings the total number of breached records in the first quarter of 2022 to 75,099,482. We’ll be providing more stats from Q1 2022 in our quarterly review of cyber security incidents, which will be published on our website in the coming days. The post List of data breaches and cyber attacks in March 2022 – 3.99

Data breaches 111

Data breaches Ransomware Insurance Government 111

IT Governance

AUGUST 1, 2022

Welcome to our July 2022 review of data breaches and cyber attacks. The post List of Data Breaches and Cyber Attacks in July 2022 – 99.2 We identified 85 security incidents during the month, resulting in 99,243,757 compromised records. You can find the full list below, broken into categories. million) Idaho-based St.

Data breaches 119

Data breaches Ransomware Insurance Access 119

Security Affairs

JANUARY 23, 2024

The Australian government announced sanctions for a member of the REvil ransomware group for the Medibank hack that occurred in 2022. The man is responsible for the cyber attacks that in 2022 hit the Australian insurance provider Medibank. “ In November 2022, Medibank announced that personal data belonging to around 9.7M

Government 92

Government Insurance Ransomware Data breaches 92

Hunton Privacy

JANUARY 27, 2023

This year’s publication highlights key topics including cyber insurance, cybersecurity and privacy accountability, M&A activity, regulation and litigation related to PFAS, labor organizing, developments in ESG disclosure and more.

Retail 61

Retail Insurance Cybersecurity Privacy 61

IT Governance

DECEMBER 1, 2022

Welcome to our November 2022 review of data breaches and cyber attacks. Brazilian health insurance firm Fisco Saúde hit by cyber attack (unknown). Spain’s Generali España insurance company says it was hacked (unknown). We identified 95 security incidents throughout the month, accounting for 32,051,144 breached records.

Data breaches 115

Data breaches Ransomware Personal data Insurance 115