KnowBe4

DECEMBER 30, 2022

Analysis of the year’s breaches shows Finance and Insurance businesses are the most targeted and have lost a material count of records as a result.

Insurance 87

Insurance Data breaches Security awareness Security 87

Krebs on Security

JULY 21, 2023

But one aspect of that vaunted list that hasn’t shifted much since is that very few of these companies list any security professionals within their top executive ranks. This is actually down from five of the Fortune 100 in 2018, the last time KrebsOnSecurity performed this analysis.

Security 201

Security Risk Insurance Cybersecurity 201

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

Data Breach Today

SEPTEMBER 6, 2019

This week's ISMG Security Report takes a close look at whether an iPhone hacking campaign may be linked to Android spying campaigns by China. Plus: Do ransomware gangs target organizations that have cyber insurance?

Insurance 149

Insurance Ransomware Security 149

IBM Big Data Hub

JUNE 23, 2023

Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.

Insurance 58

Insurance Cloud Digital transformation Customer Experience 58

Data Breach Today

OCTOBER 4, 2021

The latest edition of the ISMG Security Report features an analysis of how a cryptocurrency exchange bug has revealed North Korean monero laundering. Also featured are cyber insurance trends and cybercrime innovation.

Insurance 147

Insurance Security 147

Security Affairs

APRIL 8, 2024

Greylock McKinnon Associates (GMA) provides expert economic analysis and litigation support to a diverse group of domestic and international clients in the legal profession, the business community, and government agencies, including the Department of Justice (DoJ).

Data breaches 101

Data breaches Insurance Cybersecurity Government 101

The Last Watchdog

JUNE 2, 2022

Big banks and insurance companies instilled the practice of requesting their third-party vendors to fill out increasingly bloated questionnaires, called bespoke assessments, which they then used as their sole basis for assessing third-party risk. It does this by ingesting and correlating data from a wide array of security-related datasets.

Security 248

Security Risk Digital transformation Cybersecurity 248

Security Affairs

AUGUST 7, 2019

The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July. The experts detected 8.3

Insurance 84

Insurance Data breaches Financial Services Passwords 84

IT Governance

JULY 15, 2019

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures.

Insurance 89

Insurance Data breaches Risk Information Security 89

Hunton Privacy

FEBRUARY 25, 2021

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.

Insurance 70

Insurance Cybersecurity Risk Education 70

Hunton Privacy

FEBRUARY 29, 2024

The resolution agreement requires Green Ridge to pay $40,000 to OCR and enter into a Corrective Action Plan that obligates Green Ridge to, among other items: Implement a security management process, including a thorough risk analysis, which is to be provided to HHS for review within 60 days.

Ransomware 111

Ransomware Personal data Risk Privacy 111

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR (among other legal requirements in the EU and elsewhere) can expose multinational organizations to hefty financial penalties, additional rules for disclosing data breaches, and increased scrutiny of the adequacy of their data security.

Data Privacy 139

Data Privacy Compliance Privacy Security 139

Security Affairs

APRIL 16, 2024

Gb - NDA The group published a set of files as proof of the security breach and threatens leak all the stolen data if the victim will not pay the ransom. . - Gb - NDA The group published a set of files as proof of the security breach and threatens leak all the stolen data if the victim will not pay the ransom. pst files - 1.5

Ransomware 100

Ransomware Manufacturing Insurance Cybersecurity 100

IT Governance

FEBRUARY 22, 2022

Information security management is a way of protecting an organisation’s sensitive data from threats and vulnerabilities. The process is typically embedded via an ISMS (information security management system) , which provides the framework for managing information security. Why is information security management important?

Information Security 138

Information Security Security Data breaches Risk 138

Security Affairs

MAY 3, 2022

The threat actor systematically utilized software distributed by security vendors to sideload ShadowPad and PlugX variants.” ” reads the analysis published by SentinelOne. The attackers focused on the hijacking of programs belonging to security vendors, including Symantec, TrendMicro, BitDefender, McAfee and Kaspersky.

Security 96

Security Military Insurance Cybersecurity 96

Krebs on Security

JULY 23, 2020

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. It employs some 18,000 people and brought in $6.2 billion in 2019.

Insurance 282

Insurance Financial Services Mining Access 282

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. It secured its systems, notified law enforcement and began investigating the incident. Welcome to this week’s round-up of the biggest and most interesting news stories.

Data Privacy 97

Data Privacy Privacy Libraries Security 97

Security Affairs

AUGUST 19, 2019

A study conducted by researchers at Cyjax revealed that organizations expose sensitive data via sandboxes used for malware analysis. Experts at the threat intelligence firm Cyjax analyzed file uploaded by organizations via malware analysis sandboxes and discovered that they were exposing sensitive data. Pierluigi Paganini.

Military 79

Military Insurance Education Phishing 79

IT Governance

OCTOBER 24, 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. Incident details: Network security incident, where allegedly AlphV gained unauthorised access and made demands to the hospital’s leadership, suggesting a ransomware attack.

Data Privacy 107

Data Privacy Privacy Security Data breaches 107

Security Affairs

MAY 1, 2023

Bitmarck, one of the largest IT service providers for social insurance carriers in Germany, announced yesterday that it has suffered a cyber attack. The incident impacted statutory health insurance companies that have their IT operated by BITMARCK. Our early warning systems have reported an attack on BITMARCK’s internal systems.

IT 76

IT Insurance Data breaches Education 76

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

Insurance 57

Insurance Risk Marketing Cybersecurity 57

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. Aite declined to identify the companies behind the apps researched or say whether they had warned the companies about the security holes discovered in their apps.

Retail 74

Retail Security Insurance Encryption 74

IT Governance

NOVEMBER 13, 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. Some patients also had their Social Security numbers exposed.” Welcome to this week’s round-up of the biggest and most interesting news stories. Approximately 1.3 Records breached: 1.3

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

IT Governance

SEPTEMBER 15, 2021

A UK government report published last year found that 48% of organisations lacked the expertise to complete routine cyber security practices. The report also found that 30% of organisations had skills gaps in more advanced areas, such as penetration testing, forensic analysis and security architecture.

Security 122

Security Insurance Education Government 122

Security Affairs

APRIL 30, 2023

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

Security 86

Security Ransomware Cybersecurity Authentication 86

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

IT Governance

JANUARY 9, 2024

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. Welcome to this week’s round-up of the biggest and most interesting news stories. Publicly disclosed data breaches and cyber attacks: in the spotlight Hathaway breached, 41.5

Data Privacy 75

Data Privacy Privacy Manufacturing Data breaches 75

Security Affairs

JANUARY 19, 2024

VF immediately began taking measures to remediate the attack and launched an investigation into the security breach. “Based on VF’s preliminary analysis from its ongoing investigation, VF currently estimates that the threat actor stole personal data of approximately 35.5 million individual consumers.”

Data breaches 104

Data breaches Passwords Retail Insurance 104

Krebs on Security

JUNE 4, 2019

Securities and Exchange Commission , LabCorp. AMCA has advised LabCorp that Social Security Numbers and insurance identification information are not stored or maintained for LabCorp consumers.” credit card numbers and bank account information), medical information and Social Security Numbers. ” ANALYSIS.

Insurance 241

Insurance Data Privacy Access Security 241

IT Governance

FEBRUARY 14, 2024

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. The incident is one of a series of major data breaches in Thailand in recent months that have been analysed by the security company Resecurity. Data breached: 19,718,687 records.

Data Privacy 52

Data Privacy Manufacturing Privacy Security 52

Hunton Privacy

NOVEMBER 13, 2023

DMS is a HIPAA business associate (“BA”) that provides payer credentialing and medical billing services to HIPAA Covered Entities (“CEs”). As a result, the electronic protected health information (“ePHI”) of approximately 206,695 individuals was affected.

Ransomware 72

Ransomware Risk Insurance Encryption 72

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

IT Governance

FEBRUARY 21, 2024

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. Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Date breached: 384,658,212 records. North Hill Home Health Care, Inc.,

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

eSecurity Planet

JULY 12, 2022

Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. Forensic analysis of the breach came to a quick conclusion – a phishing attempt had tricked a user with privileged access into clicking on a malicious link.

Ransomware 134

Ransomware Insurance Cybersecurity Passwords 134

Security Affairs

OCTOBER 30, 2023

HackerOne customers praised the results of the bug bounty programs, 70% of them stated that the bug bounty programs helped them to increase their cyber security and avoid a significant cyber incident. “The Hacker-Powered Security Report makes clear that hackers are actively growing their skillsets to meet emerging threats.

Blockchain 110

Blockchain Insurance Risk Security 110

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