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Lloyd’s Will No Longer Include Nation-State Attacks in its Cyber Insurance Policies

IT Governance

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

Insurance 105
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Delivering business value for insurance companies

Collibra

Recapping a discussion moderated by Stijn Christiaens and featuring insurance data experts from Deloitte UK . Insurance is a data-intensive business. Insurance companies need data to better assess risks and price policies competitively, but also profitably. Data governance holds key to cloud migration.

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Ohio Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

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.”.

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Worrying Ransomware Trends, and What to Do About Them

IT Governance

In this interview Ransomware trends Why these trends are worrying How to decide whether to pay the ransom Why ransomware groups favour exfiltration over encryption What to do if you suffer an exfiltration attack The importance of root-cause analysis Mitigating the damage done Preventing future attacks To what extent do you track industry news?

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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

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List of Data Breaches and Cyber Attacks in October 2022 – 9.9 Million Records Breached

IT Governance

If you’re facing a cyber security disaster, IT Governance is here to help. Our Cyber Incident Response service provides the help you need to deal with the threat, as our experts guide you through the recovery process. They’ll review the breach, mitigate the damage and ensure that you are up and running again as soon as possible.

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List of Data Breaches and Cyber Attacks – May 2023

IT Governance

IT Governance found 98 publicly disclosed security incidents in May 2023, accounting for 98,226,877 breached records. You can find the full list below, divided into four categories: cyber attacks, ransomware, data breaches, and malicious insiders and miscellaneous incidents. million) Apria Healthcare suffers security breach (1.8