IBM Big Data Hub
MARCH 25, 2024
The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 According to Berenberg analysts , individual insurance companies faced total claims estimates of up to approximately USD 300 million. These climate events have a huge potential impact on financial institutions.
IBM Big Data Hub
MARCH 27, 2024
The United States saw 25 climate disaster events in 2023 with losses of more than USD 1 billion each. Substantial repair costs might arise, particularly impacting insurance companies. In the US, the Texas Department of Agriculture identified climate change as a potential threat to the state’s food supply.
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IT Governance
FEBRUARY 14, 2024
Compromised data includes policyholders’ and their families’ civil status, dates of birth and social security numbers, as well as the name of their health insurer and information relating to their contracts. In November 2023, Northwell Health – the largest health system in New York – confirmed that it was affected by the incident.
IT Governance
FEBRUARY 21, 2024
Further victims of Harvard Pilgrim Health Care ransomware attack identified Harvard Pilgrim Health Care suffered a ransomware attack in April 2023, which it has been investigating since then. Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Data breached: 2.7
IT Governance
JANUARY 3, 2024
We’ll also soon publish our 2023 review of publicly disclosed incidents and records known to be breached across the year, as well as our quarterly report, so keep an eye on our blog. At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks.
IT Governance
DECEMBER 5, 2023
New York Governor proposes cyber security regulations for hospitals New York Governor Kathy Hochul has proposed new cyber security regulations for all hospitals operating in the state, which are expected to complement the security requirements of HIPAA (the Health Insurance Portability and Accountability Act).
IT Governance
DECEMBER 11, 2023
Source (New) Transport USA Yes 129,611 Tcman Source (New) Manufacturing Spain Yes 108 GB (179 files) Compass Group Italia Source (New) Hospitality Italy Yes 107 GB Pan-American Life Insurance Group, Inc. Incorporated Source (Update) Insurance USA Yes 7,361 Advantis Global, Inc. and Robert W. Baird & Co.
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