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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

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Security Compliance & Data Privacy Regulations

eSecurity Planet

are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA). Healthcare Data Privacy Laws. Health data and patient data in the U.S.

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The Week in Cyber Security and Data Privacy: 6 – 12 November 2023

IT Governance

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. Customer data, which was encrypted, was reported to be unaffected. Welcome to this week’s round-up of the biggest and most interesting news stories.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

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.

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Ransomware Protection in 2021

eSecurity Planet

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 ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” Forensic Analysis.

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SEC Releases Observations from Recent Cybersecurity Examinations of Broker-Dealers and Advisers

Hunton Privacy

Almost half of the broker-dealers (47%) reportedly participate in information sharing organizations such as the Financial Services Information Sharing and Analysis Center. Almost all the examined broker-dealers (98%) and advisers (91%) make use of encryption in some form.

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Tokenization: Ready for Prime Time

Thales Cloud Protection & Licensing

Throughout the process of providing medical services for a given patient, multiple people will come into contact with the patient’s records, from physicians, to nurses, to aides, to insurance providers, etc. Financial Services. Encryption and Tokenization. Human Resources.