The Last Watchdog

OCTOBER 5, 2023

Here is Erin’s Q&A column, which originally went live on OneRep’s well-done blog.) For the first expert interview on our blog, we welcomed Pulitzer-winning investigative reporter Byron V. Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies?

Cybersecurity 190

Cybersecurity Privacy Cloud IoT 190

IT Governance

JUNE 15, 2022

IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average. In this blog, we look at the top five cyber security risks that businesses face, and explain how you can prevent them. Ransomware. No defences are foolproof, though.

Risk 144

Risk Security Passwords Phishing 144

Thales Cloud Protection & Licensing

DECEMBER 22, 2020

New EU restrictions could force companies to change data transfer practices and adopt more advanced data encryption methods. As a result, data has become a critical asset for companies and governments alike, as well as the primary target for nefarious actors and nation states. Tue, 12/22/2020 - 10:08. Privacy Shield was unlawful.

Data Privacy 118

Data Privacy Privacy Security Encryption 118

IT Governance

NOVEMBER 20, 2023

Records breached: Unknown ALPHV/BlackCat attacks MeridianLink then reports it to the SEC Date of breach: 7 November Breached organisation: MeridianLink Incident details: The ALPHV/BlackCat ransomware group has added the software company MeridianLink to its leak site, having exfiltrated data without encrypting company systems.

Data Privacy 52

Data Privacy Privacy Data breaches Security 52

IT Governance

AUGUST 12, 2020

It was later reported that the REvil ransomware gang encrypted more than 5GB of sensitive data and demanded $6 million (about £4.6 The post Ransomware victim Travelex forced into administration appeared first on IT Governance UK Blog. million) for its return. Paying the ransom doesn’t solve your problems.

Ransomware 122

Ransomware Insurance Paper GDPR 122

IT Governance

NOVEMBER 13, 2023

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”. Customer data, which was encrypted, was reported to be unaffected.

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

IT Governance

MARCH 1, 2023

IT Governance is dedicated to helping organisations tackle the threat of cyber crime and other information security weaknesses. Million Records Breached appeared first on IT Governance UK Blog. Million Records Breached appeared first on IT Governance UK Blog.

Data breaches 130

Data breaches Ransomware e-Delivery Government 130

IT Governance

JULY 11, 2019

That way, when crooks encrypt your systems, there’s no need to worry. This might seem futile – the police will almost certainly be unable to recover your data, let alone catch the crooks – but evidence of the attack is necessary for filing a cyber insurance claim. If you don’t already have cyber insurance, it’s worth considering.

Ransomware 99

Ransomware Insurance Encryption Paper 99

IT Governance

SEPTEMBER 1, 2021

In this blog, we look the costs organisations incur when addressing cyber security and explain how you can manage them. Threat monitoring tools should work in combination with a variety of other technologies – including anti-malware, encryption tools and firewalls as part of a holistic approach to security. Get started.

Security 124

Security GDPR Cloud Insurance 124

IT Governance

SEPTEMBER 1, 2022

In a month that saw the former US president accused of misappropriating classified government documents, there were also a spate of malicious insiders compromising their employer’s systems. If you’re facing a cyber security disaster, IT Governance is here to help. announces security breach (unknown) The Country Club at Woodfield, Inc.

Data breaches 116

Data breaches Ransomware Energy and Utilities Phishing 116

Thales Cloud Protection & Licensing

JULY 12, 2018

The use of IoT technologies holds enormous potential in practically every segment of human enterprise – government, banking and finance, healthcare, retail, agriculture, and ecommerce to name a few. Employing asymmetric cryptography, PKIs manage the key pairs used for signing and encrypting data.

IoT 72

IoT Encryption Agriculture Data collection 72

IT Governance

NOVEMBER 20, 2018

To highlight the importance and usefulness of the Cyber Essentials scheme, we’ve produced a series of blog posts summarising each of the five security controls that, according to the UK government, could prevent “around 80% of cyber attacks”. This blog covers access controls. Reduce cyber insurance premiums.

Access 83

Access Security Authentication Passwords 83

IT Governance

APRIL 11, 2023

For instance, it could monitor users’ keystrokes or encrypt the user’s files in a ransomware attack. The increase in nation-state attacks and major incidents overall continues to apply pressure to drive visibility of an organization’s security program by boards, corporate executives and cyber insurers,” Dudley said.

Phishing 114

Phishing Passwords Ransomware Insurance 114

IT Governance

JUNE 27, 2019

The ransomware was accompanied by a note: “Your files are encrypted with the strongest military algorithms. Cyber security experts and governments urge victims to never pay the ransom. Another way to lessen the burden of recovering from a ransomware attack is to purchase cyber insurance.

Ransomware 87

Ransomware Phishing Insurance Systems administration 87

Thales Cloud Protection & Licensing

FEBRUARY 15, 2018

Affecting big companies and small in virtually every vertical and hitting government institutions at the local, state and federal level, sensitive data is routinely exfiltrated, stolen and leveraged with shocking regularity. For example, are they encrypting their data? appeared first on Data Security Blog | Thales e-Security.

IoT 89

IoT Encryption Military Insurance 89

IT Governance

MAY 2, 2023

Additionally, billing information, insurance numbers and other financial details were stolen in the attack. More worryingly, the same database contained usernames, email addresses and encrypted passwords. Million Records Breached appeared first on IT Governance UK Blog.

Data breaches 105

Data breaches Ransomware Personal data Access 105

IT Governance

FEBRUARY 21, 2019

Hello, and welcome to the IT Governance podcast for Thursday, 21 February 2019. million of this amount, the rest being covered by insurance. Until next time you can keep up with the latest information security news on our blog. Here are this week’s stories. 1Password, Dashlane, KeePass and LastPass – and their 61.5

Passwords 76

Passwords Data breaches Retail Government 76

Data Matters

OCTOBER 8, 2020

Ransomware attacks use malware, often injected through phishing schemes, to encrypt a victim’s data files or programs, followed by a ransom demand by the threat actor that offers the decryption key in exchange for payment. government has repeatedly sanctioned cybercriminals for their actions. sanctions law violations if U.S.

Ransomware 68

Ransomware Compliance Risk Government 68

Data Matters

OCTOBER 12, 2021

Invest in governance, risk management and compliance programs.”. Protect sensitive data in cloud environments using policy and encryption.”. The post Data Breaches are More Expensive than Last Year, New IBM Security Report Finds appeared first on Data Matters Privacy Blog.

Data breaches 97

Data breaches Security Compliance Cloud 97

IT Governance

OCTOBER 23, 2018

The data included bank account details, salary information, dates of birth, National Insurance numbers, addresses and phone numbers. The post Morrisons loses data leak appeal appeared first on IT Governance Blog. However appropriately protected, this treatment of data opens up the possibility of vicarious liability.

Personal data 58

Personal data Data breaches Risk Insurance 58

Hunton Privacy

MAY 16, 2017

The ransomware, known as “WannaCry,” leverages a Windows vulnerability and encrypts files on infected systems and demands payment for their release. A wide range of industries have been impacted by the attack, including businesses, hospitals, utilities and government entities around the world. Agency Guidance.

Ransomware 61

Ransomware Insurance Access Information Security 61

KnowBe4

MAY 29, 2019

Early this month the City of Baltimore announced ransomware had seized a variety of city government computer systems. Hackers break in and rely on the malware to encrypt vital files or render machines useless. The organization is not able to access the encrypted data. Consider Cybersecurity Insurance. Show Me the Money.

Ransomware 40

Ransomware Security awareness Insurance Cybersecurity 40

eDiscovery Daily

APRIL 7, 2019

Finding this odd, you turn to your firm receptionist who tells you that the firm was hit with a ransomware attack overnight, and that if you turn on your computer all of your files will be immediately encrypted, subject to a bitcoin ransom.”. Of course, as you probably know by reading this blog, the DLA Piper situation isn’t unique.

Data breaches 57

Data breaches Cybersecurity e-Discovery Computer and Electronics 57

IT Governance

JANUARY 7, 2020

In our first review of 2020, we look at a new twist on a PayPal scam, and discuss data breaches at an IVF treatment facility and in the Singapore government. The symbol simply signifies that the site has an SSL certificate, which means the information shared between your computer and the website is encrypted.

Phishing 94

Phishing Passwords Access Government 94

IT Governance

MAY 3, 2019

There are two ways you can do this: by outsourcing the security efforts to another organisation or by purchasing cyber insurance to ensure you have the funds to respond appropriately in the event of a disaster. Cryptography : the encryption and key management of sensitive information. Share the risk with a third party.

Risk 72

Risk Information Security Communications Insurance 72

IBM Big Data Hub

JULY 7, 2023

Put into place data protection tools such as data encryption algorithms, key management, redaction, data masking and erasure, and data resiliency. Regulatory compliance efforts are just a start Amid growing public concern about data privacy, governments worldwide are introducing stringent compliance regulations.

Security 40

Security Data breaches Data Privacy Compliance 40

Data Matters

AUGUST 27, 2018

By March 1, 2019, Covered Entities must have security policies in place that govern the security of third-party service providers and, by that deadline, must implement such written security policies. Looking ahead, Covered Entities will be required to meet one final compliance deadline for the NYDFS on March 1, 2019.

Cybersecurity 60

Cybersecurity Compliance Encryption Risk 60

IT Governance

JUNE 1, 2023

IT Governance is dedicated to helping organisations tackle the threat of cyber crime and other information security weaknesses. MCNA Insurance MCNA Insurance, also known as MCNA Dental, was caught up in a cyber hacking incident last week, in which 112 covered entities were affected.

Data breaches 122

Data breaches Insurance Personal data Ransomware 122

IT Governance

DECEMBER 27, 2019

IT Governance is closing out the year by rounding up 2019’s biggest information security stories. This meant they weren’t encrypted, making them freely accessible to as many as 20,000 employees, most of whom had no legitimate reason to access the information. IT Governance released its final Weekly Podcast.

Data breaches 69

Data breaches GDPR Passwords Personal data 69

Thales Cloud Protection & Licensing

MAY 24, 2023

GDPR and the Health Insurance Portability and Accountability Act (HIPAA) are just two very public representations of data protection, and we are seeing increased policy discussions around access to data in social media applications like Tik Tok. They demand and expect action from governments, enterprises, cloud providers, and companies.

Cloud 71

Cloud Encryption Artificial Intelligence Data Privacy 71

Data Matters

MAY 9, 2019

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. ceding insurer could be eligible for the same reduced collateral requirements that would apply to qualifying EU reinsurers under the revised CFR Model Laws.

Insurance 68

Insurance Blockchain Big data Risk 68

IT Governance

FEBRUARY 5, 2018

Increased interest in cyber insurance. With more than 800 million records being leaked in 2017 ( find out more in our Breaches and Hacks Blog Archive ), it’s not surprising that cyber insurance business has increased in recent months. Insurers assess an organisation’s cyber risk to set premium levels.

Insurance 71

Insurance Risk Government Paper 71

IT Governance

DECEMBER 5, 2023

35 TB of data exfiltrated from Henry Schein, plus ALPHV/BlackCat re-encrypted the newly restored files As we first reported last month , the US healthcare solutions provider Henry Schein announced on 15 October that it had suffered a cyber attack that caused disruption to its manufacturing and distribution businesses.

Data Privacy 106

Data Privacy Privacy Manufacturing Retail 106

IT Governance

MARCH 5, 2024

Affected information includes users’ names, email addresses, IP addresses and encrypted passwords. TB Turtlemint Source (New) Insurance India Yes 1,800,000 Chunghwa Telecom Source (New) Telecoms Taiwan Yes 1.7 The threat actor, KryptonZambie, listed a 5.93

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

IT Governance

FEBRUARY 20, 2020

Ransomware is a specific type of malware that encrypts computer files, essentially locking the owner out of their systems. According to a report from the insurance broker Gallagher , 49% of local councils have been attacked since the start of 2017 and 37% were attacked in the first half of 2019 alone. What is ransomware?

Ransomware 95

Ransomware Phishing Retail Insurance 95

IBM Big Data Hub

APRIL 4, 2024

Across industries like education, retail and government, organizations are choosing private cloud settings to conduct business use cases involving workloads with sensitive information and to comply with data privacy and compliance needs. The popularity of private cloud is growing, primarily driven by the need for greater data security.

Cloud 100

Cloud Digital transformation Access Compliance 100