The Last Watchdog

JULY 27, 2023

New York, NY, July 27, 2023 – QBE North America today announced the launch of a cyber insurance program with new MGA, Converge, acting as program administrator. Tom Kang, CEO, Converge, added, “We’re thrilled to partner with QBE North America given their experience and reputation in the cyber insurance market.

Insurance 155

Insurance Risk Retail Marketing 155

The Guardian Data Protection

NOVEMBER 11, 2023

Observer investigation reveals UK Biobank opened its biomedical database to insurance firms despite pledge it would not do so Sensitive health information donated for medical research by half a million UK citizens has been shared with insurance companies despite a pledge that it would not be. Continue reading.

Insurance 105

Insurance Data Privacy Privacy Risk 105

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.

Financial Services 91

Financial Services Insurance Risk Agriculture 91

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). Kentucky’s law goes into effect on January 1, 2023.

Insurance 110

Insurance Security Compliance Cybersecurity 110

Security Affairs

JANUARY 19, 2024

Ransomware groups claimed that they successfully targeted 4191 victims in 2023, Cybernews researchers report. of attacks in 2023), while summer was the most active for ransomware attacks (30.4%). The top 10 groups, based on the number of victims, collectively account for 59% of the total victims in 2023.

Ransomware 110

Ransomware Manufacturing Retail Insurance 110

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

KnowBe4

MAY 22, 2023

Food for thought as discussed on May 18, 2023, an article posted in The Australian Insurance Council: Banning paying a ransom to cyber hackers is counter-productive where Andrew Hall, the Chief Executive of the Insurance Council of Australia (ICA), stated that “attempts to ban businesses from paying ransoms for cyber attacks risks eroding trust and (..)

Insurance 85

Insurance Risk Government Security awareness 85

IT Governance

JANUARY 5, 2024

IT Governance’s research found the following for December 2023: 1,351 publicly disclosed security incidents. Both these figures are a significant increase on what we found for November 2023 : 470 incidents and 519,111,354 records – 187% and 332% increases respectively. In November 2023, this was 227 incidents (48%).

Data breaches 97

Data breaches Insurance Manufacturing Ransomware 97

IT Governance

OCTOBER 24, 2023

Publicly disclosed data breaches and cyber attacks City of Philadelphia discloses data breach after five months Date of breach: 24 May 2023 ( notice issued 20 October 2023). International Criminal Court says cyberattack was attempted espionage Date of breach: 19 September 2023 ( update on 20 October 2023).

Data Privacy 107

Data Privacy Privacy Security Data breaches 107

Hunton Privacy

NOVEMBER 14, 2023

The California Privacy Protection Agency (“CPPA”) Board (the “Board”) announced an upcoming public meeting to take place over Zoom on Friday, December 8, 2023 at 9 am PST. Additionally, the Board announced on its agenda a discussion surrounding proposed insurance regulations and a discussion on a proposed registration fee for data brokers.

Privacy 69

Privacy Insurance Cybersecurity Risk 69

IT Governance

NOVEMBER 3, 2023

IT Governance’s research has discovered the following for October 2023: 114 publicly disclosed security incidents. Our monthly blogs will provide analysis of the data we’ve collected and we’ll continue to discuss the biggest breaches on our 2023 overview of publicly disclosed data breaches and cyber attacks.

Data breaches 87

Data breaches Insurance Ransomware Education 87

Hunton Privacy

JUNE 9, 2022

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”). The law will go into effect on January 1, 2023. On May 27, 2022, Vermont Governor Phil Scott signed H.515 Information Security Program Requirements.

Insurance 107

Insurance Security Information Security Cybersecurity 107

IT Governance

NOVEMBER 13, 2023

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”. Records breached: 79,582 Ontario hospitals update: information relating to 5.6

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

IT Governance

NOVEMBER 6, 2023

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. Records breached: According to the library’s 4 November update , there is “no evidence that the personal information of our staff or customers has been compromised”.

Data Privacy 97

Data Privacy Privacy Libraries Security 97

DLA Piper Privacy Matters

MARCH 27, 2023

Authors: Luc Bigel and Hamza Akli On 24 January 2023, France’s Orientation and Programming Law (“ LOPMI “) was enacted and published the next day in the Official Journal. Article 5 of LOPMI also requires policyholders to ensure that their IT security measures are adequate and comply with insurance conditions of coverage.

Insurance 52

Insurance Risk Ransomware Cybersecurity 52

Thales Cloud Protection & Licensing

MARCH 5, 2023

In the fragmented insurance landscape, let’s unify customer experience divya Mon, 03/06/2023 - 06:13 You may think of an insurance company as a singularly-focused entity, offering protection for one product. However, the insurance business reaches across a disparate range of consumer products.

Customer Experience 71

Customer Experience Insurance B2C B2B 71

Hunton Privacy

AUGUST 10, 2023

On July 25, 2023, Hunton published a client alert discussing the importance of cyber and directors and officers (“D&O”) liability insurance for companies and their executives to guard against cyber-related exposures. Since we published the alert, the U.S.

Insurance 52

Insurance Risk Security Cybersecurity 52

Hunton Privacy

DECEMBER 4, 2023

On November 28, 2023, the New York Department of Financial Services (“NYDFS”) announced that First American Title Insurance Company (“First American”), the second-largest title insurance company in the United States, would pay a $1 million penalty for violations of the NYDFS Cybersecurity Regulation in connection with a 2019 data breach.

Financial Services 64

Financial Services Insurance Data breaches Cybersecurity 64

OpenText Information Management

JANUARY 5, 2023

As we move into 2023, FSIs will need to focus their increasing IT spend and direct their attention to delivering on the total experience for their customers and employees and on environmental, social and governance initiatives … The post Top predictions for financial services in 2023 appeared first on OpenText Blogs.

Financial Services 105

Financial Services Government Customer Experience Content services 105

eDiscovery Daily

DECEMBER 14, 2023

Common legal cases in AEC encompass contract disputes, professional negligence claims, construction defects, insurance coverage disputes, delay claims, and regulatory violations. The post eDiscovery in AEC: Navigating Legal Complexities in 2023 appeared first on CloudNine.

Insurance 67

Insurance Paper Communications Government 67

IT Governance

JUNE 1, 2023

IT Governance found 98 publicly disclosed security incidents in May 2023, accounting for 98,226,877 breached records. Also be sure to check out our new page, which provides a complete list of data breaches and cyber attacks for 2023. million) Clinical test data stolen from biotech company Enzo Biochem (2.47

Data breaches 98

Data breaches Ransomware Insurance Personal data 98

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. is the parent company of specialist insurance businesses with operations in Europe, United States, Canada, Latin America and Asia.

Risk 161

Risk Insurance Energy and Utilities Marketing 161

Data Breach Today

JUNE 2, 2023

Also: Health Entities Affected by Massive Data Breach; Identity Trends In the latest weekly update, ISMG editors discuss why communication is vital to be an effective CISO in 2023, how the hack of Florida-based dental insurer MCNA affects nearly 9 million people, and how CyberArk is securing privileged users with a new browser.

Communications 144

Communications Insurance Data breaches Security 144

IT Governance

AUGUST 25, 2022

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

Insurance 105

Insurance IT Government Risk 105

IT Governance

JULY 4, 2023

IT Governance found 79 publicly disclosed security incidents in June 2023, accounting for 14,353,113 breached records. Also be sure to check out our new page, which provides a complete list of data breaches and cyber attacks for 2023.

Data breaches 96

Data breaches Ransomware Government Insurance 96

IT Governance

APRIL 11, 2023

Welcome to our April 2023 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 personal data. Get started The post Catches of the Month: Phishing Scams for April 2023 appeared first on IT Governance UK Blog.

Phishing 114

Phishing Passwords Ransomware Insurance 114

Security Affairs

APRIL 8, 2024

The data breach occurred on May 30, 2023, and was discovered on February 7, 2024. “On May 30, 2023, we detected unusual activity on our internal network, and we promptly took steps to mitigate the incident. The company announced that it deleted DOJ data from its systems after the incident.

Data breaches 100

Data breaches Insurance Cybersecurity Government 100

IT Governance

OCTOBER 31, 2023

Publicly disclosed data breaches and cyber attacks France says Russian state hackers breached numerous critical networks Date of breach: From second half of 2021 (reported 26 October 2023). Reeds Spring district alerts families to cybersecurity data breach Date of breach: 26 April 2023 (reported 26 October 2023).

Data Privacy 52

Data Privacy Privacy Data breaches Security 52

IT Governance

NOVEMBER 20, 2023

Date of breach: 26 October 2023 Breached organisation: Homeland, Inc., An investigation found that there was unauthorised access to its network between 18 and 23 May 2023. 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.

Data Privacy 52

Data Privacy Privacy Data breaches Security 52

Thales Cloud Protection & Licensing

APRIL 18, 2023

RSA Conference 2023: Meet Thales Where the World Talks Security! madhav Tue, 04/18/2023 - 07:06 "Alone we can do so little; together we can do so much." - Helen Keller At Thales, we couldn’t be more excited about RSA Conference 2023. This year’s theme “ Stronger Together ” echoes our company culture.

Security 71

Security Digital transformation Privacy Cybersecurity 71

Security Affairs

FEBRUARY 3, 2024

Cleaning products giant Clorox estimates the economic impact of the cyber attack that hit the company in August 2023 at $49 million. According to a filing with SEC, Clorox estimates the economic impact of the cyber attack that hit the company in August 2023 at $49 million. ” reads the SEC filing.

Insurance 95

Insurance Sales Ransomware Marketing 95

IT Governance

DECEMBER 5, 2023

IT Governance’s research has found the following for November 2023: 470 publicly disclosed security incidents. We also discuss the biggest breaches on our 2023 overview of publicly disclosed data breaches and cyber attacks. 519,111,354 records known to be breached. This blog provides analysis of the data we’ve collected.

Data breaches 113

Data breaches Ransomware Access Security 113

Reltio

JUNE 20, 2023

Real-time and AI-driven Modern MDM: Reltio is a Leader in MDM We’re pleased to share that Reltio has been named a Leader in The Forrester Wave™: Master Data Management, Q2 2023 among 12 vendors. Reltio received the highest score in the Strategy category and one of the highest scores in the Current Offering category.

MDM 98

MDM Cloud B2C B2B 98

KnowBe4

MARCH 12, 2023

Saturday March 11, 2023 -- Over the last 24 hours, the Federal Deposit Insurance Corporation has established the FDIC Bank of Santa Clara and insured depositors will have access to funds no later than Monday morning.

Insurance 99

Insurance Access 99

Security Affairs

JANUARY 4, 2024

HEC discovered that an unknown actor gained access to some of its systems between July 14, 2023 and July 23, 2023, and copied some files. The healthcare firm began notifying impacted clients on October 26, 2023, and worked with them to notify potentially impacted individuals. ” concludes the notice.

Data breaches 101

Data breaches Artificial Intelligence Insurance Access 101

eDiscovery Daily

DECEMBER 14, 2023

Common legal cases in AEC encompass contract disputes, professional negligence claims, construction defects, insurance coverage disputes, delay claims, and regulatory violations. The post eDiscovery in AEC: Navigating Legal Complexities in 2023 appeared first on CloudNine.

Insurance 36

Insurance Paper Communications Government 36

OpenText Information Management

APRIL 14, 2023

Willkommen to the first of three OpenText World EMEA 2023 – Innovation Summits: join global thought leaders and regional experts for an unforgettable experience in Munich, Germany (April 24-25).

Manufacturing 59

Manufacturing Insurance Cloud 59