Data Matters

JANUARY 14, 2019

On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”.

Insurance 68

Insurance Security Cybersecurity Data breaches 68

Data Matters

FEBRUARY 11, 2019

On December 28, 2018, Michigan adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law in the form of Michigan H.B. The Act defines licensees as persons authorized, registered, or licensed under Michigan insurance laws or required to be so. 6491 (Act). MCL § 500.550. MCL § 500.550.

Insurance 68

Insurance Security Cybersecurity FOIA 68

Security Affairs

MAY 13, 2024

They have a range of market insurance products backed by international company, Allianz Group. We already have robust security processes in place for any account access changes, which will require you to confirm your identity using either Biometrics or Two Factor Authentication.” The company is notifying the impacted customers.

Data breaches 114

Data breaches Ransomware Insurance Authentication 114

Rocket Software

AUGUST 17, 2020

For almost every industry, multi-factor authentication can be beneficial. What is Multi-factor Authentication? Multi-factor authentication (MFA) is any password that requires multiple steps or components to facilitate logging in. E-signatures, however, are a lot more difficult to authenticate and validate.

Authentication 52

Authentication Financial Services Passwords Insurance 52

Thales Cloud Protection & Licensing

MAY 29, 2024

Because AI has taken center stage in identity verification and authentication, Jason will delve into the risks and biases and how these impact customer experience, architecture, and compliance. Legacy CIAM systems go against the grain of insurance companies' digital goals, hampering user experience with slower, less secure methods.

B2B 62

B2B Insurance B2C Customer Experience 62

Data Matters

JULY 30, 2018

In October 2017, the National Association of Insurance Commissioners (NAIC) adopted an Insurance Data Security Model Law. On May 3, 2018, South Carolina became the first state to enact this Model Law, in the form of the South Carolina Insurance Data Security Act (H.B. See CT Gen Stat § 38a-999b (2015) ; 23 NYCRR 500.

Insurance 60

Insurance Security Cybersecurity Data breaches 60

Data Protection Report

OCTOBER 3, 2021

biometric information consisting of data generated by electronic measurements of an individual’s unique physical characteristics used to authenticate or ascertain the individual’s identity, such as a fingerprint, voice print, retina or iris image. 1] [link]. [2] 2] C.R.S. §

Data breaches 142

Data breaches IT Insurance Passwords 142

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 308

Insurance Financial Services Mining Access 308

Security Affairs

MAY 12, 2024

In December 2023, Elliptic and Corvus Insurance published a joint research that revealed the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. As of May 2024, Black Basta has impacted over 500 organizations worldwide. ” reads the CSA.

Ransomware 128

Ransomware Blockchain Retail Insurance 128

Krebs on Security

JANUARY 29, 2021

The unprecedented volume of unemployment insurance fraud witnessed in 2020 hasn’t abated, although news coverage of the issue has largely been pushed off the front pages by other events. Another 17 percent of claims — nearly $20 billion more – are suspected fraud. In a notice posted Jan. 28 , the U.S.

Insurance 309

Insurance Personal data Authentication IT 309

Data Matters

SEPTEMBER 18, 2019

Under the revised Payment Services Directive (2015/2366) (PSD2), the European Banking Authority (EBA) and the European Commission were required to develop and adopt regulatory technical standards on strong customer authentication and common and secure open standards of communication. STRONG CUSTOMER AUTHENTICATION. What is SCA?

Authentication 102

Authentication e-Delivery Risk Sales 102

Data Matters

JUNE 23, 2022

Kentucky and Maryland recently continued the trend of state insurance departments adopting some version of the National Association of Insurance Commissioners’ (“NAIC”) Insurance Data Security Model Law. Kentucky Governor Andy Beshear signed House Bill 474 into law, and Maryland Governor Larry Hogan signed SB 207.

Insurance 103

Insurance Security Cybersecurity Information Security 103

Info Source

JULY 5, 2018

It is used by all of 10 biggest global Banks, Insurance companies and supply chain companies. proof of authenticity. Easy to prove authenticity builds up trust for all parties. Blockchain Proof of Authenticity for Kofax Capture is available for pre-release from: [link]. Proof of existence.

Blockchain 45

Blockchain Authentication Insurance Records Management 45

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

Krebs on Security

MAY 31, 2019

No authentication was needed to access the digitized records. “First American provides title insurance and settlement services for property sales, which typically require buyers to hand over extensive financial records to other parties in their transactions,” wrote Stacy Cowley. ”

Financial Services 220

Financial Services Insurance Sales Authentication 220

Krebs on Security

JULY 4, 2020

A reader who was recently the victim of unemployment insurance fraud said he was told he should create an account at the Department of Homeland Security ‘s myE-Verify website , and place a lock on his Social Security number (SSN) to minimize the chances that ID thieves might abuse his identity for employment fraud in the future.

Passwords 298

Passwords Authentication Insurance Mining 298

Data Matters

FEBRUARY 25, 2021

The FCA is proposing amendments to: the UK onshored versions of EU technical standards on strong customer authentication (SCA) and common and secure methods of communication (UK SCA-RTS); its Approach Document on Payment Services and Electronic Money (Approach Document); and. its Perimeter Guidance Manual (PERG). Temporary COVID Guidance.

Authentication 68

Authentication Paper Risk Insurance 68

Security Affairs

NOVEMBER 2, 2023

” Exposed data include name, Social Security Number, and health or medical insurance plan number. The attacks targeted IT service desk staff to trick them into resetting all multi-factor authentication (MFA) factors enrolled by highly privileged users. The company did not attribute the attack to a specific threat actor.

Data breaches 127

Data breaches Insurance Access Authentication 127

Krebs on Security

APRIL 26, 2021

Last week, KrebsOnSecurity heard from a reader who had his freeze thawed without authorization through Experian’s website, and it reminded me of how truly broken authentication and security remains in the credit bureau space. Dune Thomas is a software engineer from Sacramento, Calif. and $24.99

Security 324

Security Authentication Access Insurance 324

Krebs on Security

APRIL 27, 2023

Customers can access a Salesforce Community website in two ways: Authenticated access (requiring login), and guest user access (no login required). A researcher found DC Health had five Salesforce Community sites exposing data. Huntington Bank has disabled the leaky TCF Bank Salesforce website. Washington, D.C. ”

Access 303

Access Authentication Information Security Communications 303

Krebs on Security

DECEMBER 8, 2022

The CLOP members said one tried-and-true method of infecting healthcare providers involved gathering healthcare insurance and payment data to use in submitting requests for a remote consultation on a patient who has cirrhosis of the liver. Alex Holden is founder of Hold Security , a Milwaukee-based cybersecurity firm.

Ransomware 275

Ransomware Metadata Insurance Encryption 275

The Last Watchdog

AUGUST 19, 2021

The attacker claims to have compromised an end-of-lifed GPRS system that was exposed to the internet and was able to pivot from it to the internal network, where they were able to launch a brute force authentication attack against internal systems. For T-Mobile, this is the sixth major breach since 2018. We all know security is hard.

Data breaches 306

Data breaches Authentication Access Personal data 306

Security Affairs

OCTOBER 9, 2021

The company announced to have taken steps to improve the security of its infrastructure after the security breach, such as the adoption of multi-factor authentication protocols, performing an enterprise-wide password reset, and the deployment of endpoint detection solutions. The company confirmed that it did not pay a ransom.

Ransomware 112

Ransomware Insurance Encryption Passwords 112

Krebs on Security

JUNE 4, 2019

AMCA has advised LabCorp that Social Security Numbers and insurance identification information are not stored or maintained for LabCorp consumers.” Medical testing giant LabCorp. said today personal and financial data on some 7.7 million consumers were exposed by a breach at a third-party billing collections firm. million patients.

Insurance 253

Insurance Data Privacy Access Security 253

The Last Watchdog

JUNE 9, 2022

Phishing emails may ask for personal information like a log-in or Social Security number to authenticate your account, or they may urge you to share your credit card payment details. A criminal exploiting someone’s medical or insurance details to make fraudulent claims is known as medical identity theft. Identity-theft.

Privacy 274

Privacy Security Phishing Insurance 274

Thales Cloud Protection & Licensing

MAY 9, 2022

While implementation of security technologies such as multi-factor authentication and encryption have slightly increased, we have not yet reached the level where the majority of applications, data and operational technology are fully protected. Cyber insurance coverage ramps up. Mon, 05/09/2022 - 05:40. east coast.

Insurance 71

Insurance Ransomware Encryption Authentication 71

Krebs on Security

AUGUST 17, 2023

“Depending on location, 16Shop will also collect ID numbers (including Civil ID, National ID, and Citizen ID), passport numbers, social insurance numbers, sort codes, and credit limits,” McAfee wrote. A 16Shop phishing page spoofing Apple and targeting Japanese users. Image: Akamai.com. Federal Bureau of Investigation (FBI).

Phishing 201

Phishing Passwords Insurance Sales 201

Security Affairs

OCTOBER 4, 2023

The phishing attacks were aimed at senior executives across various industries, primarily in Banking, Financial, Insurance, Property Management and Real Estate, and Manufacturing sectors. EvilProxy actors are using Reverse Proxy and Cookie Injection methods to bypass 2FA authentication – proxyfying victim’s session.

Phishing 123

Phishing Insurance Manufacturing Authentication 123

Dark Reading

MAY 24, 2019

Real estate title firm reportedly has closed a hole in its website that had left hundreds of millions of real estate tile insurance files accessible without authentication, according to KrebsOnSecurity.

Insurance 94

Insurance Authentication Access IT 94

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

Data Matters

JANUARY 28, 2022

These recommendations are further detailed below, but two to note in particular: The Advisory recommends that organizations “require multi-factor authentication for all users, without exception.” Require multi-factor authentication (MFA) for all users. Best Practices to Minimize Disruptions. Enable Controlled Folder Access.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

Insurance 93

Insurance Government Cybersecurity Risk 93

Krebs on Security

JUNE 15, 2023

The directive applies to any networking devices — such as firewalls, routers and load balancers — that allow remote authentication or administration. “This is reachable pre-authentication, on every SSL VPN appliance,” French vulnerability researcher Charles Fol tweeted. “Patch your #Fortigate.”

Risk 222

Risk Ransomware Cybersecurity Access 222

Data Protection Report

JUNE 2, 2021

million settlement with two related insurance companies, relating to violations of two different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2019. This matter began when insurance affiliate #1, licensed by NYDFS, discovered a phishing email in September of 2018. NYDFS Cybersecurity Regulation.

Cybersecurity 71

Cybersecurity Insurance Financial Services Phishing 71

Security Affairs

MARCH 17, 2024

France Travail data breach impacted 43 Million people Scranton School District in Pennsylvania suffered a ransomware attack Lazarus APT group returned to Tornado Cash to launder stolen funds Moldovan citizen sentenced in connection with the E-Root cybercrime marketplace case UK Defence Secretary jet hit by an electronic warfare attack in Poland Cisco (..)

Data breaches 116

Data breaches Security Computer and Electronics Ransomware 116

IT Governance

JUNE 15, 2022

Organisations can also protect employees’ accounts by implementing MFA (multi-factor authentication). Typically, that will be a one-time code that’s sent to their phone, but more advanced authentication systems require people to provide biometric details such as a fingerprint or retinal scan. Weak passwords.

Risk 144

Risk Security Passwords Phishing 144

Security Affairs

JANUARY 18, 2023

The discovered database was not protected by authentication. Researchers found about 435,000 payslips, 300 tax filings, 3,800 insurance payment documents, and 21,000 salary sheets belonging to various companies using the HR platform’s services. With the help of Cybernews, we were [able] to patch it much sooner.

Privacy 97

Privacy Insurance Personal data Phishing 97