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

Data Matters

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.

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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. sought coverage for expenses under its property insurance policy.

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

IT Governance

Other databases contained health insurance data, such as patents’ names, dates of birth, addresses and medical data. EyeCare Services Partners exposes more 3.5 The biggest database in the blob contained 3.1 million patients and 1.6 million unique Social Security numbers. Source (New) Manufacturing USA Yes 1.1

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How can organisations close the cyber security skills gap?

IT Governance

A recent Field Effect Software survey found that 27% of respondents are looking to outsource some or all of their cyber security operations. By comparison, 24% said they are investing in ongoing cyber security education and 23% said they are increasing their IT or security budget. appeared first on IT Governance UK Blog.

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How to manage the growing costs of cyber security

IT Governance

In this blog, we look the costs organisations incur when addressing cyber security and explain how you can manage them. You’ll also receive insurance cover for up to £500,000 – so you can be sure that no matter how severe the disruption, you’ll have the resources to respond and recover. It doesn’t have to be this way, though.

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

IT Governance

Source (New) Retail USA Yes 2,588,849 Keenan & Associates Source 1 ; source 2 (Update) Insurance USA Yes 1,509,616 AGC Group Source (New) Manufacturing Japan Yes 1.5 TB Four Hands Source (New) Manufacturing USA Yes 1.5 TB UK forex customers Source (New) Finance UK Yes 1,001,214 A.N.S. Source (New) Non-profit USA Yes 25,908.62

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List of data breaches and cyber attacks in February 2020 – 623 million records breached

IT Governance

If you’re interested in detailed breakdowns of these incidents, why not subscribe to our Weekly Round-up or visit our blog , where we have a dedicated series on phishing scams ? Ordinance Survey discovers breach of employee data (1,000). Preschool services provider Educational Enrichment Systems discloses cyber attack (unknown).