Hunton Privacy

JULY 1, 2022

Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation. In addition to the monetary penalty of $5 million, NYDFS also accepted Carnival’s surrender of its insurance producer license; thus, Carnival has ceased selling insurance in New York.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

IT Governance

JANUARY 9, 2020

Cyber insurance has in some regions encouraged victims to pay as it is cheaper than remediation in some cases. Despite the rise in sophisticated attacks, 2020 will continue to see newbies and unskilled attackers using toolkits from the dark web to launch scams (such as sexploitation), and phishing and ransomware attacks.

Security 98

Security IoT Phishing Ransomware 98

Krebs on Security

FEBRUARY 25, 2021

Labor Department’s inspector general said this week that roughly $100 million in fraudulent unemployment insurance claims were paid in 2020 to criminals who are already in jail. A new report (PDF) from the Labor Department’s Office of Inspector General (OIG) found that from March through October of 2020, some $3.5

Authentication 313

Authentication Insurance Personal data Encryption 313

Krebs on Security

DECEMBER 13, 2021

On May 10, one of the hospitals detected malicious activity on its Microsoft Windows Domain Controller, a critical “keys to the kingdom” component of any Windows enterprise network that manages user authentication and network access. In October 2020, KrebsOnSecurity broke the story that the FBI and U.S.

Ransomware 275

Ransomware Cybersecurity Phishing Security 275

eSecurity Planet

SEPTEMBER 16, 2022

This is more than a 70% increase over 2020. 52% of companies with more than $10 billion in revenue were hit with fraud. Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution. Government organizations are arguably the most at risk of fraud attempts. million in losses.

Analytics 113

Analytics Risk Authentication Financial Services 113

eSecurity Planet

SEPTEMBER 14, 2022

billion in reported losses, up from 2020’s 791,790 complaints and $4.2 Finance and insurance finished a close second at 22.4%. Finance and insurance companies were particularly vulnerable to the sort of phishing scams we’re talking about. In 2020 alone, 79 ransomware attacks were conducted against government entities in the U.S.,

Energy and Utilities 120

Energy and Utilities Phishing Blockchain Cybersecurity 120

KnowBe4

MARCH 28, 2023

Your email filters have an average 7-10% failure rate; you need a strong human firewall as your last line of defense. back in 2020. When it comes to personal devices, the increase isn't as staggering, but the numbers are still horrible – back in 2020, 14.3% Last year that number jumped to 11.8% - more than a 6x increase!

Phishing 84

Phishing Security awareness Insurance Cybersecurity 84