Remove Blog Remove Insurance Remove Retail Remove Security
article thumbnail

Tesco Bank Hack Illustrates Need for Robust Cyber Insurance

Hunton Privacy

As reported on the Insurance Recovery blog , earlier this week, retailer Tesco Plc’s (“Tesco”) banking branch reported that £2.5 The loss, which is about half of what Tesco initially estimated, is still substantial and serves as a strong reminder that cyber-related losses are a real threat to retailers and other industries.

article thumbnail

The Week in Cyber Security and Data Privacy: 5 – 11 February 2024

IT Governance

Compromised data includes policyholders’ and their families’ civil status, dates of birth and social security numbers, as well as the name of their health insurer and information relating to their contracts. It has since been confirmed by Anukul Peedkaew, the permanent secretary of social development and human security.

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: 12 – 18 February 2024

IT Governance

Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Known records breached Zenlayer Source New Telecoms USA Yes 384,658,212 ASA Electronics Source New Engineering USA Yes 2.7

article thumbnail

How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency. AWS’s scalable infrastructure allows for rapid, large-scale implementation, ensuring agility and data security.

article thumbnail

11 cyber security predictions for 2020

IT Governance

Almost everyone wants to know what the future has in store – particularly when it comes to cyber security. With that in mind, Geraint Williams, IT Governance’s chief information security officer, discusses his cyber security predictions in the upcoming year. Our predictions. Ransomware will continue to increase.

article thumbnail

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

IT Governance

LockBit claims responsibility for Capital Health security incident The LockBit ransomware group has claimed responsibility for an attack on Capital Health , a healthcare provider in Pennington, New Jersey, last November. They accessed 41.5 The compromised data allegedly includes names, email addresses and phone numbers.

article thumbnail

Russians Shut Down Huge Card Fraud Ring

Krebs on Security

Cybersecurity experts say the raid included the charging of a major carding kingpin thought to be tied to dozens of carding shops and to some of the bigger data breaches targeting western retailers over the past decade. Flint is among the biggest players in the crowded underground market for stolen credit card data, according to a U.S.

Retail 280