Hunton Privacy

JANUARY 5, 2024

Background The case related to the processing of an incapacitated employee’s personal data, including health data, by the medical service provider (“MDK”) of a health insurance fund in Germany. Under applicable law, the MDK draws up reports on the capacity of individuals insured by the health insurance fund to work.

GDPR 125

GDPR Personal data Insurance Access 125

KnowBe4

APRIL 18, 2023

[BUDGET AMMO] James Rundle at the The Wall Street Journal today published a very interesting article about the long-term costs of cyber attacks and the fact that cyber insurers are getting more and more worried that their models do not cover these long-tail repercussions.

Insurance 73

Insurance 73

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 61

Insurance Cloud Digital transformation Customer Experience 61

KnowBe4

SEPTEMBER 21, 2023

He wrote an article for Bloomberg where he analyzed cyber risk management issues that companies should prioritize in response to new SEC reporting requirements for cybersecurity incidents and threats. [BUDGET AMMO] Jeremy King is a partner at Olshan Frome Wolosky.

Insurance 79

Insurance Marketing Cybersecurity Risk 79

Schneier on Security

APRIL 12, 2018

Good article about how difficult it is to insure an organization against Internet attacks, and how expensive the insurance is. In my new book -- out in September -- I write: There are challenges to creating these new insurance products. There are two basic models for insurance. BoingBoing article.

Insurance 48

Insurance Cybersecurity Data breaches Retail 48

Lenny Zeltser

JULY 1, 2020

According to the New York Times article from May 2020 , the US Secret Service “had information suggesting that the scheme was coming from a well-organized Nigerian fraud ring.” I wrote this article to help other victims of this unemployment insurance fraud and identity theft scam.

Insurance 116

Insurance Data breaches Government IT 116

Hunton Privacy

NOVEMBER 27, 2017

On November 3, 2017, Securityroundtable.org published an article highlighting the vulnerabilities businesses face in a world of e-commerce and interconnectivity, and spotlighted a crisis-planning panel hosted by Hunton & Williams held on November 1. For a recap of the event, read the full Securityroundtable.org article.

Insurance 45

Insurance Privacy Cybersecurity Risk 45

Micro Focus

FEBRUARY 1, 2019

Instead, the insurance market, an industry worth $1.2 TN, has morphed into a tech-fest where insurers spent. View Article. A new front has opened up on the digital battleground where enterprise technology is matched against the demand for customer innovation.

Insurance 40

Insurance Marketing 40

Hanzo Learning Center

JUNE 27, 2018

Hanzo was featured in FastCompany, discussing AI in the war on Insurance Fraud. Click below for the full article.

Insurance 40

Insurance 40

Thales Cloud Protection & Licensing

JANUARY 16, 2024

As set out in its Article 2, DORA applies to the entire financial services sector. That includes banks, insurances, payment institutions, stock market, and many financial management firms (trading, crypt-assets, etc). CipherTrust Manager is a Key Management System, as required by Article 9. What is the scope of DORA?

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

DLA Piper Privacy Matters

OCTOBER 23, 2018

The Financial Supervisory Authority in Finland (FIN-FSA) has on 16 October 2018 published an interpretation that provision of insurance against administrative fines and penalty payments is contrary to good insurance practice and is therefore not permitted. Interpretation of ‘Good Insurance Practice‘. Possible implications.

Insurance 40

Insurance GDPR Risk Compliance 40

KnowBe4

AUGUST 24, 2022

Reporter Aaron Holmes just published an article that is an eye opener for sure. Here is s short extract and I recommend you reading the whole article, link is below. One of these is called '" The Information " which covers in-depth tech stories usually earlier than anywhere else.

Insurance 69

Insurance Security awareness Cybersecurity Security 69

Hunton Privacy

AUGUST 10, 2017

Circuit reversed the dismissal of a putative data breach class action against health insurer CareFirst, Attias v. 1, 2017), finding the risk of future injury was not too speculative to establish injury in fact under Article III. . CareFirst, Inc. , 16-7108, slip op.

Insurance 40

Insurance Data breaches Risk Access 40

AIIM

MARCH 12, 2018

Over 100 eBooks, Guest articles, and Tip Sheets from the past year or so -- 107 of them to be exact. Getting Ahead of the Disruption Curve is Critical for Insurance Companies. A winning recipe: SaaS + Cloud Content Management + IaaS. Modern problems require modern solutions: Meeting the challenge of Big Content. Tip Sheets.

ECM 90

ECM Digital transformation Digital preservation Content services 90

Schneier on Security

JANUARY 19, 2022

Doctors Clinical Lab, the lab Center for COVID Control uses to process tests, makes money by billing patients’ insurance companies or seeking reimbursement from the federal government for testing. Read the article for the messy details. The companies will keep making money for the rapid tests they collect, he said.

Insurance 125

Insurance Marketing Government IT 125

Data Protection Report

SEPTEMBER 23, 2021

The matter involved one of France’s largest insurers, SGAM AG2R LA MONDIALE, which was subject to an inspection by the French data protection authority (the CNIL), in 2019. The CNIL’s inspection included the insurer’s compliance with Section 5-1(e) of GDPR , which reads: Personal data shall be. (e) Perhaps the CNIL’s €1.75

Personal data 109

Personal data Insurance GDPR Record destruction 109

CGI

FEBRUARY 28, 2017

Insurers’ digital focus is looking through the wrong ‘lens’. Read any article on digital insurance and it seems to me that it is all about the insurers! harini.kottees…. Tue, 02/28/2017 - 03:52.

Insurance 40

Insurance Big data IoT Manufacturing 40

Hunton Privacy

JUNE 16, 2014

As companies seek out ways to prevent these events and recoup losses associated with a data breach, cyber insurance is increasingly discussed as an effective method of recovery. In a recent article published in the Daily Journal , Hunton & Williams’ Insurance Coverage Counseling and Litigation attorney William T.

Insurance 40

Insurance Data breaches Risk Cybersecurity 40

Hunton Privacy

MARCH 21, 2014

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.

Insurance 40

Insurance Cybersecurity Marketing Risk 40

Security Affairs

JULY 21, 2021

Experts found a DB containing sensitive health insurance data belonging to customers of US insurance giant Humana. An SQL database containing what appears to be highly sensitive health insurance data of more than 6,000 patients has been leaked on a popular hacker forum. Drug prescription listings). What’s the impact?

Insurance 111

Insurance Passwords Libraries Access 111

Security Affairs

JANUARY 7, 2024

Every week the best security articles from Security Affairs are free for you in your email box. Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4 A new round of the weekly SecurityAffairs newsletter arrived!

Artificial Intelligence 92

Artificial Intelligence Data breaches Security Ransomware 92

Data Protection Report

JULY 28, 2021

The FCJ held that Article 15 of the EU General Data Protection Regulation (GDPR) has a broader scope than previously understood in Germany. The defendant was a life insurance company and the claimant their insured. The claimant appealed this decision to the FCJ.

Access 127

Access GDPR Personal data Insurance 127

HL Chronicle of Data Protection

MAY 13, 2019

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.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Hunton Privacy

JANUARY 31, 2014

Recent media attention focused on the security breach that affected millions of Target customers has increased interest in cyber insurance to cover the financial losses associated with these types of events.

Insurance 40

Insurance Marketing Risk Security 40

CGI

AUGUST 31, 2016

Insurers’ role will be critical in improving cybersecurity standards. Cyber insurance can be obtained to cover such costs as crisis management, media management, incident management, technical remediation, legal fees, call management, data subject notification, breach investigation and many other losses resulting from a cyber-attack.

Insurance 40

Insurance Cybersecurity Risk Marketing 40

Hunton Privacy

APRIL 11, 2013

Affected companies have looked to their traditional insurance coverage to defray costs associated with responding to these incidents and lawsuits, but standardized commercial general liability policies may not provide adequate coverage. In a recent article entitled That Was a Secret!

Insurance 40

Insurance Security Data breaches Privacy 40

Hunton Privacy

OCTOBER 25, 2022

million fine to Interserve Group Limited for failing to keep employee personal data secure, which violates Article 5(1)(f) and Article 32 of the EU General Data Protection Regulation (“GDPR”), during the period of March 2019 to December 2020. On October 24, 2022, the UK Information Commissioner’s Office (“ICO”) issued a £4.4

Security 97

Security Personal data GDPR Insurance 97

Security Affairs

MARCH 17, 2024

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.

Data breaches 104

Data breaches Security Computer and Electronics Ransomware 104

Krebs on Security

APRIL 15, 2019

According to this article in The Business Standard , enemy shares are so called because they were originally held by people who migrated to Pakistan or China and are not Indian citizens any longer. “The buyers were state-owned Life Insurance Corporation of India (LIC), New India Assurance and General Insurance Corporation. .

IT 259

IT Insurance Communications Phishing 259

Security Affairs

OCTOBER 1, 2023

Immediately after detecting the intrusion, the company launched an investigation with the help of leading third-party cybersecurity experts and is also coordinating with its insurers. ” reads the article published by CNN. “We The investigation is still ongoing and aims at determining the scope of the incident.

Ransomware 126

Ransomware Insurance Cybersecurity Encryption 126

Hunton Privacy

APRIL 4, 2017

In March 2017, Syed Ahmad, a partner with Hunton & Williams LLP’s insurance practice, and Eileen Garczynski, partner at insurance brokerage Ames & Gough, co-authored an article, Protecting Company Assets with Cyber Liability Insurance , in Mealey’s Data Privacy Law Report. Read the full article.

Insurance 40

Insurance Data Privacy Privacy IT 40

Security Affairs

FEBRUARY 25, 2024

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.

Military 94

Military Security Ransomware Insurance 94

Security Affairs

FEBRUARY 26, 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! If you want to also receive for free the newsletter with the international press subscribe here.

Security 83

Security Military Ransomware Insurance 83

Adam Levin

JUNE 4, 2021

Upon publication of this article, the Exagrid website still touted seven industry awards for work in the area of ransomware recovery solution, but this attack will harm its reputation, proving once again that no one is immune from the scourge of a well-targeted attack. The post Anti-Ransomware Company Exagrid Pays $2.6

Ransomware 115

Ransomware Insurance Education Risk 115

Adam Levin

SEPTEMBER 4, 2019

According to a representative of Euler Hermes Group SA, the firm’s insurance company, the CEO was targeted by a new kind of scam that used AI-enhanced technology to create an audio deepfake of his employer’s voice. Read the Wall Street Journal article here (subscription required).

Artificial Intelligence 93

Artificial Intelligence Insurance Security IT 93

Hunton Privacy

JANUARY 18, 2019

Article 28 of the EU General Data Protection Regulation (the “GDPR”) requires data controllers enter into data processing agreements with data processors. The Dutch DPA indicated that the targeted organizations are mainly in energy, media and trade sectors. These agreements must specify how personal data should be processed and protected.

GDPR 86

GDPR Personal data Insurance IT 86

Krebs on Security

APRIL 27, 2023

health administrators are still smarting from a data breach earlier this year at the health insurance exchange DC Health Link , which exposed personal information for more than 56,000 users, including many members of Congress. But after being presented with a document including the Social Security number of a health professional in D.C.

Access 278

Access Authentication Information Security Communications 278