Remove Blog Remove Education Remove Financial Services Remove Insurance
article thumbnail

New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. 2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. Insurers should: Establish a Formal Cyber Insurance Risk Strategy.

article thumbnail

New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

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. For example, Mondelez International Inc. complaint filed Oct.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Week in Cyber Security and Data Privacy: 4 – 10 December 2023

IT Governance

Source (New) Transport USA Yes 129,611 Tcman Source (New) Manufacturing Spain Yes 108 GB (179 files) Compass Group Italia Source (New) Hospitality Italy Yes 107 GB Pan-American Life Insurance Group, Inc. Incorporated Source (Update) Insurance USA Yes 7,361 Advantis Global, Inc. and Robert W. Baird & Co.

article thumbnail

The Week in Cyber Security and Data Privacy: 22 – 28 April 2024

IT Governance

Known data breached Discord (via Spy.pet) Source (New) IT services USA Yes 4,186,879,104 Baidu, Inc., Source (New) Finance USA Yes 1,955,385 BerryDunn and Reliable Networks Source (New) Finance and IT services USA Yes 1,107,354 VISAV Limited Source (New) IT services UK Yes >1,000,000 Designed Receivable Solutions, Inc.

article thumbnail

The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

Source (New) Professional services Netherlands Yes 28.3 Source (New) Professional services Netherlands Yes 28.3 Source (New) Finance USA Yes 3,494 Woodruff Sawyer Source (New) Insurance USA Yes 3,087 Blackburn College Source (New) Education USA Yes 3,039 CAIRE Inc.

article thumbnail

The Week in Cyber Security and Data Privacy: 15 – 21 January 2024

IT Governance

Source (New) Real estate USA Yes 46,906 Hampton-Newport News Community Services Board Source 1 ; source 2 ; source 3 (New) Healthcare USA Yes 44,312 Air Methods Source 1 ; source 2 (New) Healthcare USA Yes 34,016 GREYHOURS Source (New) Retail France Yes 18,700 Groveport Madison Schools Source 1 ; source 2 ; source 3 (Update) Education USA Yes 15.5

article thumbnail

Multinational ICICI Bank leaks passports and credit card numbers

Security Affairs

If malicious actors accessed the exposed data, the company could have faced devastating consequences and put their clients at risk, as financial services are the main target for cybercriminals. ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals.