Thales Cloud Protection & Licensing

DECEMBER 22, 2020

Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing. New EU restrictions could force companies to change data transfer practices and adopt more advanced data encryption methods. In recent years, costly breaches and evolving data security concerns have bubbled up to a board level agenda item.

Data Privacy 118

Data Privacy Privacy Security Encryption 118

Hunton Privacy

NOVEMBER 13, 2023

DMS did not detect the attack until after the ransomware was used to encrypt its files in December 2018. DMS is a HIPAA business associate (“BA”) that provides payer credentialing and medical billing services to HIPAA Covered Entities (“CEs”).

Ransomware 72

Ransomware Risk Insurance Encryption 72

eSecurity Planet

JULY 12, 2022

The first signs of the ransomware attack at data storage vendor Spectra Logic were reports from a number of IT staffers about little things going wrong at the beginning of the day. Screens then started to display a ransom demand, which said files had been encrypted by the NetWalker ransomware virus. “As Cyber Insurer Provides Help.

Ransomware 144

Ransomware Insurance Cybersecurity Passwords 144

Data Matters

FEBRUARY 6, 2019

On December 3, 2018, twelve attorneys general (“AGs”) jointly filed a data breach lawsuit against Medical Informatics Engineering and its subsidiary, NoMoreClipboard LLC (collectively “the Company”), an electronic health records company, in federal district court in Indiana. See Indiana v. Informatics Eng’g, Inc. , 3:18-cv-00969 (N.D.

Data breaches 83

Data breaches Computer and Electronics Security Insurance 83

eSecurity Planet

OCTOBER 5, 2021

Malware has been around for nearly 40 years, longer even than the World Wide Web, but ransomware is a different kind of threat, capable of crippling a company and damaging or destroying its critical data. Zero trust is an important new tool to add to all that, essentially walling off your most important data. Data backup.

Ransomware 139

Ransomware Encryption Cybersecurity Insurance 139

Security Affairs

SEPTEMBER 23, 2023

MILES/CBS NEWS TEXAS The Royal ransomware group is behind the attack and threatens to publish stolen data if the City will not meet its ransom demand. Between April 7, 2023, and May 4, 2023, Royal performed data exfiltration and ransomware delivery preparation activities. ” continues the report.

Ransomware 107

Ransomware Encryption Systems administration Cybersecurity 107

IBM Big Data Hub

JANUARY 22, 2024

Over 17 percent of all cyberattacks involve ransomware —a type of malware that keeps a victim’s data or device locked unless the victim pays the hacker a ransom. Because many new types of ransomware target backups to make recovery harder, keep data backups offline. The first thing to keep in mind is you’re not alone.

Ransomware 115

Ransomware Encryption Analytics Data breaches 115

IT Governance

NOVEMBER 20, 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. have notified 330,000 people that their personal data might have been compromised as part of the MOVEit Transfer data breach.

Data Privacy 52

Data Privacy Privacy Data breaches Security 52

Adam Levin

APRIL 10, 2019

A security analysis of 30 major banking and financial apps has shown major security holes and a lax approach to protecting user data. Other findings included improperly secured database commands (capable of allowing man-in-the-middle attacks), weak encryption, and the ability to reverse-engineer the app code into a readable format.

Retail 74

Retail Security Insurance Encryption 74

eSecurity Planet

JUNE 16, 2022

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 In May, cybersecurity researchers revealed that ransomware attacks are increasing their aggressive approach by destroying data instead of encrypting it.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

eSecurity Planet

DECEMBER 7, 2023

Encryption uses mathematical algorithms to transform and encode data so that only authorized parties can access it. What Encryption Is and How It Relates to Cryptology The science of cryptography studies codes, how to create them, and how to solve them. How Does Encryption Process Data?

Encryption 113

Encryption IT Passwords IoT 113

The Last Watchdog

AUGUST 1, 2019

Company officials at Capital One Financial Corp ought to have a crystal clear idea of what to expect next — after admitting to have allowed a gargantuan data breach. Related: Hackers direct botnets to manipulate business logic Thompson is accused of pilfering sensitive data for 100 million US and 6 million Canadian bank patrons.

Data Privacy 199

Data Privacy Privacy Data breaches Cloud 199

eSecurity Planet

OCTOBER 18, 2021

In an interview with eSecurity Planet , Daryl Crockett, CEO of data management company ValidDatum, said the case has the potential to be a game-changer regarding corporate responsibility for the impact of ransomware. ” Cyber Insurance No Longer Reliable. “And the war can be multi-pronged. .

Ransomware 104

Ransomware Insurance Digital transformation Cybersecurity 104

Data Protection Report

AUGUST 29, 2017

Earlier this month, Delaware revamped its data breach notification law, with changes to go into effect April 14, 2018. Most notably, the new law requires any entity that has suffered a data breach that includes social security numbers to provide free credit monitoring services to affected residents for one year.

Data breaches 40

Data breaches Insurance Encryption Passwords 40

The Last Watchdog

OCTOBER 5, 2023

His news analysis columns, podcasts, and videos are crafted to foster a useful understanding of complex privacy and cybersecurity developments for company decision-makers and individual citizens — for the greater good. Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies?

Cybersecurity 204

Cybersecurity Privacy Cloud IoT 204

Data Matters

AUGUST 27, 2020

Department of Health and Human Services, Office for Civil Rights (“OCR”) has settled three cases related to alleged violations of the Health Insurance Portability and Accountability Act (“HIPAA”), totaling $1,165,000. In particular, OCR has focused on the following elements the Security Rule: Encryption practices designed to protect ePHI.

Compliance 68

Compliance Security Risk Encryption 68

Security Affairs

JANUARY 6, 2019

The Dark Overlord hacking group claims to have stolen a huge trove of documents from the British insurance company Hiscox, Hackers stole “hundreds of thousands of documents,” including tens of thousands files related to the 9/11 terrorist attacks. “ There’s five layers to go. .”

Insurance 111

Insurance Data breaches Sales Government 111

Hunton Privacy

JUNE 17, 2019

The settlement resolves a multistate litigation arising out of a May 2015 data breach in which hackers infiltrated WebChart, a web application run by MIE, and stole the electronic Protected Health Information (“ePHI”) of over 3.9 failed to encrypt the sensitive ePHI. failed to encrypt the sensitive ePHI. million individuals.

Data breaches 58

Data breaches IT Insurance Privacy 58

eSecurity Planet

FEBRUARY 16, 2021

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” IMPORTANT INFORMATION !!!

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Security Affairs

APRIL 30, 2023

Every week the best security articles from Security Affairs are free for you in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Security 90

Security Ransomware Cybersecurity Authentication 90

eSecurity Planet

JULY 8, 2022

Vendors have traditionally been focused on protecting data from power failures, system failures, and natural disasters and have tended to concentrate on some perimeter-level network defenses,” said Siamak Nazari, CEO and cofounder of Nebulon. In this era of the cloud, the big cloud providers take care of the underlying infrastructure.

Ransomware 142

Ransomware Cloud Encryption Marketing 142

Hunton Privacy

FEBRUARY 5, 2018

million to settle claims brought under Health Insurance Portability and Accountability Act rules, alleging that lax security practices led to five breaches of electronic protected health information. According to the settlement, these breaches led to the exposure of 521 patients’ health data. Fresenius will pay OCR $3.5

Insurance 48

Insurance Risk Encryption Access 48

Security Affairs

SEPTEMBER 16, 2020

Cybersecurity and Infrastructure Security Agency (CISA) released a malware analysis report (MAR) that includes technical details about web shells employed by Iranian hackers. The web shells allow attackers to deliver and execute JavaScript code that could be used to enumerate directories, execute payloads, and exfiltrate data.

Passwords 93

Passwords Insurance Access Encryption 93

Data Protection Report

JANUARY 29, 2018

Last week, South Dakota moved closer to implementing a data breach notification law, while Colorado legislators introduced a new bill requiring “reasonable security procedures,” imposing data disposal rules and shortening the time frame in which to alert authorities regarding a breach. South Dakota.

Data breaches 40

Data breaches Insurance Personal data Encryption 40

Security Affairs

JULY 5, 2019

Eurofins Scientific, the UK’s biggest provider of forensic services, has paid a ransom to demand to recover its data after a ransomware attack. Eurofins Scientific, the UK’s largest police forensics lab contractor, announced to have paid a ransom to crooks to recover its data after a ransomware had been encrypted them.

Ransomware 98

Ransomware Insurance Encryption Security 98

Hunton Privacy

JANUARY 25, 2017

Department of Health and Human Services’ Office for Civil Rights (“OCR”) entered into a resolution agreement with MAPFRE Life Insurance Company of Puerto Rico (“MAPFRE”) relating to a breach of protected health information (“PHI”) contained on a portable storage device. On January 18, 2017, the U.S.

Security awareness 40

Security awareness Insurance Risk Compliance 40

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. For instance, it could monitor users’ keystrokes or encrypt the user’s files in a ransomware attack.

Phishing 114

Phishing Passwords Ransomware Insurance 114

Thales Cloud Protection & Licensing

JULY 9, 2018

But it also frequently relies on increasing amounts of personal and other sensitive data. As the volume of sensitive data grows, so, too, does the threat of theft. There are valuable tools to help fight digital security threats, but which tools to use and how to deploy them depend on the type of data and the use case, or application.

Digital transformation 75

Digital transformation Financial Services Encryption Insurance 75

ARMA International

AUGUST 7, 2023

These include artificial intelligence (AI), hybrid and remote work collaboration, cloud, workflow automation and customization, mail processing and digitization, and security and data privacy. Implementing a comprehensive security and data governance strategy is critical to safeguard information and sensitive data.

Artificial Intelligence 52

Artificial Intelligence Cloud Data Privacy Privacy 52

Krebs on Security

AUGUST 6, 2020

A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S. info and findget[.]me,

Insurance 340

Insurance Communications Authentication Access 340

Security Affairs

AUGUST 28, 2019

” reads the analysis published by TrendMicro. TA505 also used in one attack an updated version of ServHelper that included the strings’ binary encrypted in Vigenère cipher. and which used emails with subjects pertaining to finance or urgent concerns on insurance policies. 36/p2, that is the same binary we found in the.

e-Delivery 73

e-Delivery Insurance Retail Government 73

IT Governance

JUNE 27, 2019

TrendMicro’s analysis into the ransomware found that it was the same system administration tool abused by the likes of SOREBRECT and Bad Rabbit. The ransomware was accompanied by a note: “Your files are encrypted with the strongest military algorithms. Without our special decoder it is impossible to restore the data.”.

Ransomware 87

Ransomware Phishing Insurance Systems administration 87

Data Protection Report

JANUARY 7, 2019

Entities covered by the Regulation, which includes not only banks and insurers, but also other financial service institutions and licensees regulated by the DFS that utilize third-party service providers, will be required to implement third-party risk management programs by March 1.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

HL Chronicle of Data Protection

OCTOBER 21, 2019

Regulators, industry experts, and researchers provided insight into health privacy and security enforcement trends, emerging threats, and new tools at a recent conference focused on the Health Insurance Portability and Accountability (HIPAA) regulatory framework. New guidance and frameworks for health data not regulated by HIPAA.

Risk 40

Risk Compliance Privacy Phishing 40

eSecurity Planet

MARCH 17, 2023

Whether you’re operating a global enterprise network or a small family business, your network’s security needs to be optimized with tools, teams, and processes to protect customer data and valuable business assets.

Security 120

Security Encryption Analytics Cloud 120

Security Affairs

NOVEMBER 14, 2022

According to research conducted by IBM, the average cost to companies of a data breach in 2022 is US$ 4.35 If the identification time is longer, more data have been exfiltrated until the access has been identified. And this often happens when the hacker, the so-called threat actor, starts encrypting the computer systems.

Insurance 121

Insurance Risk Ransomware Encryption 121

eSecurity Planet

JANUARY 21, 2021

Data privacy regulations like the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) can be hard to navigate for businesses of any size, but GRC tools can simplify and streamline compliance with all of the requirements. Insurance & claims management. Compliance management.

Compliance 67

Compliance Risk Government Retail 67