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France: Changes to insurability of cyber losses

DLA Piper Privacy Matters

LOPMI introduces amendments to the insurability of losses and damages paid in response to cyber-attacks, including in relation to ransom payments – requiring that the payment of insurance compensation be conditional on the filing of a complaint, within a 72 hour time frame, to competent authorities.

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The Week in Cyber Security and Data Privacy: 1 – 7 January 2024

IT Governance

LockBit claims responsibility for Capital Health security incident The LockBit ransomware group has claimed responsibility for an attack on Capital Health , a healthcare provider in Pennington, New Jersey, last November. They accessed 41.5 The compromised data allegedly includes names, email addresses and phone numbers.

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What Is Integrated Risk Management? Definition & Implementation

eSecurity Planet

To explain IRM, in the article I outline its key components, benefits, how IRM differs from other risk models, and IRM frameworks. In our examples, the clothing brand secures a segregated design team with physical locks on the doors, extra computer security to prevent digital theft, and a backup solution for their marketing data.

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Cyber Insurance: Not Just for Data Protection

Hunton Privacy

President Obama’s Executive Order 13636 on Improving Critical Infrastructure Cybersecurity identified “insurance liability considerations” as an incentive that might improve security. Over the course of the year since the Executive Order was issued, there has been an increase in the marketing of cyber insurance products.

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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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Inrupt’s Solid Announcement

Schneier on Security

If you want your insurance company to have access to your fitness data, you grant it through your pod. This is a significant step forward to realizing Tim’s vision : The technologies we’re releasing today are a component of a much-needed course correction for the web. A few news articles. It’s yours.

IoT 121
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Insurers’ role will be critical in improving cybersecurity standards

CGI

Insurers’ role will be critical in improving cybersecurity standards. And, of course, our world is becoming increasingly digital in nature, with all kinds of services—from finance to health, energy and tax affairs—becoming digitally delivered. Wed, 08/31/2016 - 08:00. Where such data exists, often it is not shared.