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

Insurance 107

Insurance Security Information Security Cybersecurity 107

Security Affairs

FEBRUARY 3, 2024

The company also expects a negative on the fiscal year 2024 results. ” The company added that it did not record any insurance proceeds in the three and six months ending on December 31, 2023, associated with the cyberattack. At this time, Clorox has yet to share technical details of the cyberattack. ” reads the SEC filing.

Insurance 116

Insurance Sales Ransomware Marketing 116

Security Affairs

APRIL 10, 2024

The Group Health Cooperative of South Central Wisconsin (GHC-SCW) is a non-profit organization that provides health insurance and medical care services to its members in the Madison metropolitan area of Wisconsin. The organization disclosed a data breach after a ransomware attack, the incident impacted 533,809 individuals.

Data breaches 121

Data breaches e-Discovery Ransomware Insurance 121

Security Affairs

APRIL 16, 2024

The chipmaker has 14,000 employees as of 2024. The chipmaker confirmed it became aware of the unauthorized access to certain Nexperia IT servers in March 2024. Nexperia is a semiconductor manufacturer headquartered in Nijmegen, the Netherlands. It is a subsidiary of the partially state-owned Chinese company Wingtech Technology.

Ransomware 120

Ransomware Manufacturing Insurance Cybersecurity 120

Reltio

FEBRUARY 22, 2024

We unveiled the velocity packs in February, featuring pre-built connectors and smooth integrations to speed deployment for clients in sectors like healthcare, financial services, and insurance. As measured by revenue, as of 2024. Reltio now proudly serves all of the Top 10 Pharmaceutical companies in the world.¹

Customer Experience 52

Customer Experience MDM Healthcare Digital transformation 52

IT Governance

FEBRUARY 21, 2024

In January 2024, it identified more potential victims, and has now written to inform them that their personal data may have been compromised in the incident. Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Date breached: 384,658,212 records. ALPHV/BlackCat ransomware gang adds 2.7

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

Hunton Privacy

NOVEMBER 8, 2023

The NYDFS, which regulates financial institutions including insurance companies, mortgage brokers and banks, adopted the original Cybersecurity Regulation in 2017. Regulated entities generally have until April 29, 2024 to comply with the amended Regulation. Our previous blog post covered key proposed changes to the Cyber Regulation.

Cybersecurity 72

Cybersecurity IT Compliance Financial Services 72

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. Compromised data included names, ID card numbers, phone numbers, emails, salaries and personal photographs.

Data Privacy 52

Data Privacy Manufacturing Privacy Security 52

Security Affairs

MARCH 17, 2024

France Travail data breach impacted 43 Million people Scranton School District in Pennsylvania suffered a ransomware attack Lazarus APT group returned to Tornado Cash to launder stolen funds Moldovan citizen sentenced in connection with the E-Root cybercrime marketplace case UK Defence Secretary jet hit by an electronic warfare attack in Poland Cisco (..)

Data breaches 114

Data breaches Security Computer and Electronics Ransomware 114

Security Affairs

APRIL 4, 2024

bank account number and/or credit card details), health insurance information, medical records and information about medical history and/or associated conditions, and/or unique identifiers to associate individuals with City of Hope (e.g., medical record number).” medical record number).”

Data breaches 109

Data breaches Insurance Government Security 109

Security Affairs

FEBRUARY 25, 2024

Iran Crisis Russia-Aligned TAG-70 Targets European Government and Military Mail Servers in New Espionage Campaign U.S.

Military 107

Military Security Ransomware Insurance 107

eDiscovery Daily

FEBRUARY 12, 2024

We narrowed down our many Legalweek 2024 learnings to six key takeaways. Clare Chalkley, VP of legal services at Integreon disclosed the stats from the 2024 State of the Industry report by eDiscovery Today/Doug Austin. The once taboo topic of sexual harassment in our industry also came roaring to the surface.

CMS 41

CMS Phishing Communications Insurance 41

eDiscovery Daily

FEBRUARY 11, 2024

We narrowed down our many Legalweek 2024 learnings to six key takeaways. Clare Chalkley, VP of legal services at Integreon disclosed the stats from the 2024 State of the Industry report by eDiscovery Today/Doug Austin. The once taboo topic of sexual harassment in our industry also came roaring to the surface.

CMS 41

CMS Phishing Communications Insurance 41

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. In 2024, it is predicted to remain at 27% whilst business preparedness for this risk continues to decline.

Risk 161

Risk Insurance Energy and Utilities Marketing 161

Krebs on Security

FEBRUARY 20, 2024

The government says Russian national Artur Sungatov used LockBit ransomware against victims in manufacturing, logistics, insurance and other companies throughout the United States. The DOJ today unsealed indictments against two Russian men alleged to be active members of LockBit. Ivan Gennadievich Kondratyev , a.k.a.

Ransomware 259

Ransomware Encryption Insurance Manufacturing 259

Security Affairs

FEBRUARY 28, 2024

“On February 21, 2024, Cencora, Inc. Optum Solutions is a subsidiary of UnitedHealth Group, a leading health insurance company in the United States. Pharmaceutical giant Cencora suffered a cyber attack and threat actors stole data from its infrastructure. Cencora, Inc. The Company had $238.6

Healthcare 103

Healthcare Data breaches Ransomware Insurance 103

Data Matters

JUNE 23, 2022

Kentucky and Maryland recently continued the trend of state insurance departments adopting some version of the National Association of Insurance Commissioners’ (“NAIC”) Insurance Data Security Model Law. Kentucky Governor Andy Beshear signed House Bill 474 into law, and Maryland Governor Larry Hogan signed SB 207.

Insurance 103

Insurance Security Cybersecurity Information Security 103

Security Affairs

FEBRUARY 12, 2024

“Criminals have been using sophisticated tools to steal cars. . : [link] — François-Philippe Champagne (FPC) (@FP_Champagne) February 8, 2024 In Canada, the authorities estimated that 90,000 vehicles are stolen, equating to one car stolen every six minutes. “Auto theft is a problem the government can’t tackle alone.”

Sales 111

Sales Government Insurance IT 111

Security Affairs

JANUARY 19, 2024

” reads a Form 8-K filed with the Securities and Exchange Commission (SEC) on January 18, 2024. ” reads a Form 8-K filed with the Securities and Exchange Commission (SEC) on January 18, 2024. Now the company confirmed attackers stole corporate and personal information impacting 35.5 million customers.

Data breaches 120

Data breaches Passwords Retail Insurance 120

Krebs on Security

APRIL 16, 2024

If approved, this would Keel’s third six-year term in that role. The Associated Press reports that Keel was careful not to release many details about the breach at his hearing, telling lawmakers he knows who did it but that he wasn’t ready to name anyone. said investigators determined the breach began on Aug.

Sales 217

Sales Retail Insurance Access 217

Security Affairs

JANUARY 23, 2024

The Black Basta ransomware group added Southern Water to the list of victims on its Tor data leak site and threatened to leak the stolen data on February 29, 2024. A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. southernwater.co[.]uk

Encryption 127

Encryption Ransomware Blockchain Insurance 127

Hunton Privacy

FEBRUARY 29, 2024

On February 21, 2024, the U.S. This marks the second such settlement with a HIPAA-regulated entity for violations that were discovered following a ransomware attack, according to HHS. It filed a breach report with OCR in February 2019, which then investigated the organization’s data practices starting in December 2019.

Ransomware 111

Ransomware Personal data Risk Privacy 111

Data Protection Report

AUGUST 29, 2022

On July 13, 2022, the Office of the Superintendent of Financial Institutions (OSFI) released its final Guideline B-13 (the Guideline), setting out technology and cyber risk management expectations for all federally regulated financial institutions (FRFIs), such as banks, insurance and trust companies.

Risk 115

Risk Insurance Cybersecurity Government 115

The Last Watchdog

DECEMBER 12, 2023

What should I be most concerned about – and focus on – in 2024? In 2024, we will see more targeted, sophisticated business email compromise (BEC) attacks, including VIP impersonation, vendor email compromise (VEC), and autonomous agents used for malicious purposes. The comments we received were uniformly insightful and helpful.

Cybersecurity 241

Cybersecurity Phishing Authentication Analytics 241

Security Affairs

FEBRUARY 27, 2024

Optum Solutions is a subsidiary of UnitedHealth Group, a leading health insurance company in the United States. “On February 21, 2024, UnitedHealth Group (the “Company”) identified a suspected nation-state associated cyber security threat actor had gained access to some of the Change Healthcare information technology systems. .

Ransomware 102

Ransomware Government Insurance Manufacturing 102

Data Protection Report

JANUARY 4, 2024

Does the national defense bill (National Defense Authorization Act for Fiscal Year 2024, signed on December 22, 2023) require the Department of Defense to develop a “bug bounty” program for certain large artificial intelligence models being integrated into the missions and operations of the Department of Defense? The Ingalls Mem.

Privacy 109

Privacy Cybersecurity Artificial Intelligence e-Discovery 109

Security Affairs

FEBRUARY 28, 2024

The US agencies released a report containing IOCs and TTPs associated with the ALPHV Blackcat RaaS operation identified through law enforcement investigations conducted as recently as February 2024. Optum Solutions is a subsidiary of UnitedHealth Group, a leading health insurance company in the United States. reads the press release.

Ransomware 116

Ransomware Government Insurance Manufacturing 116

Data Protection Report

OCTOBER 17, 2022

In July of this year, the Office of the Superintendent of Financial Institutions (OSFI) released the final version of its Guideline B-13 (the Guideline), setting out technology and cyber risk management expectations for all federally regulated financial institutions (FRFIs), such as banks, insurance and trust companies.

Risk 62

Risk Insurance Cybersecurity Government 62

IT Governance

MARCH 20, 2024

Although it’s only March, 2024 has already exceeded this at 30.2 Better yet, small UK organisations achieving certification could receive cyber insurance with a total liability limit of £25,000 – a substantially higher sum than the cost of implementation for most eligible organisations. Specifically, a 13.4% Our research found 8.2

Security 116

Security Data breaches Government Insurance 116

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. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

Insurance 88

Insurance e-Delivery Paper Sales 88

OpenText Information Management

APRIL 4, 2024

Although customer success started in SaaS, it has since branched out into other industries such as banking, insurance, and telecommunications – and it’s even being adopted in some surprising places like healthcare. Accenture Life Trends , 2024. Others use it to ensure brevity and clarity in customer communications. Forbes , 2022.

Sales 62

Sales B2B Communications Insurance 62

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 has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. DORA: 1 year to go! What is the scope of DORA? Regulated entities mentioned above must comply to DORA.

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

Hunton Privacy

JULY 12, 2023

The OCPA provides an exemption to personal data subject to the Gramm-Leach-Bliley Act, the Health Insurance Portability and Accountability Act, and a number of other federal laws. If signed the OCPA would take effect July 1, 2024; however, amendments made to certain provisions of the OCPA would go in effect January 1, 2026.

Privacy 52

Privacy Personal data Insurance Sales 52

IBM Big Data Hub

MARCH 20, 2024

According to the 2024 IBM X-Force Threat Intelligence Index , attackers are increasingly shifting from ransomware to malware that is designed to steal information, which reinforces the importance of leveraging technology and approach that provides holistic view and end-to-end protection across your entire IT estate, including your partners.

Cloud 81

Cloud Financial Services Risk Business Services 81

Data Matters

DECEMBER 11, 2018

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data. This post summarizes the highlights from this meeting. groups with non-U.S.

Insurance 68

Insurance Paper Risk Big data 68

IBM Big Data Hub

APRIL 18, 2024

This is the potential of artificial general intelligence (AGI), a hypothetical technology that may be poised to revolutionize nearly every aspect of human life and work. Imagine a self-driving car piloted by an AGI. It cannot only pick up a passenger from the airport and navigate unfamiliar roads but also adapt its conversation in real time.

Artificial Intelligence 89

Artificial Intelligence Marketing e-Delivery Manufacturing 89