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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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How to manage the growing costs of cyber security

IT Governance

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. These defences rely on continuous, end-to-end monitoring and the ability to analyse threat data from multiple sources in real time. Get started.

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Catches of the Month: Phishing Scams for April 2023

IT Governance

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.

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What’s a Lawyer’s Duty When a Data Breach Occurs within the Law Firm: Cybersecurity Best Practices

eDiscovery Daily

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.

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List of Data Breaches and Cyber Attacks in 2023

IT Governance

We offer a variety of resources to help understand and mitigate threats, from training courses and consultancy services to free guides. 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.

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What is Ransomware? Everything You Should Know

eSecurity Planet

Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. These keys are available to the attacker, and the encryption can only be decrypted using a private key. How Does Ransomware Work?

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CyberheistNews Vol 13 #17 [Head Start] Effective Methods How To Teach Social Engineering to an AI

KnowBe4

link] [Head Scratcher] More Companies With Cyber Insurance Are Hit by Ransomware Than Those Without? In an interesting twist, new data hints that organizations with cyber insurance may be relying on it too much, instead of shoring up security to ensure attacks never succeed. Date/Time: Wednesday, May 3, @ 2:00 PM (ET) Save My Spot!