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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

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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. With that out of the way, it’s time to move on to May 2023. Meanwhile, you can subscribe to our Weekly Round-up to receive the latest cyber security news and advice delivered straight to your inbox.

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Data Breaches and Cyber Attacks in November 2023 – 519,111,354 Records Breached

IT Governance

IT Governance’s research has found the following for November 2023: 470 publicly disclosed security incidents. We also discuss the biggest breaches on our 2023 overview of publicly disclosed data breaches and cyber attacks. 519,111,354 records known to be breached. This blog provides analysis of the data we’ve collected.

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CyberheistNews Vol 13 #20 [Foot in the Door] The Q1 2023's Top-Clicked Phishing Scams | INFOGRAPHIC

KnowBe4

CyberheistNews Vol 13 #20 | May 16th, 2023 [Foot in the Door] The Q1 2023's Top-Clicked Phishing Scams | INFOGRAPHIC KnowBe4's latest reports on top-clicked phishing email subjects have been released for Q1 2023. I've also talked quite a bit about cyber insurance and the recent trends. billion by 2027. "3x

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The Week in Cyber Security and Data Privacy: 11 – 18 December 2023

IT Governance

When the Russian Cl0p gang exploited a zero-day SQL injection vulnerability in MOVEit Transfer in May 2023, Delta Dental was one of hundreds of organisations whose data was compromised. According to its breach notification , Mr. Cooper detected suspicious activity on its network on 31 October. GB Goa Natural Gas Pvt.Ltd.

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

Data Matters

On December 28, 2018, Michigan adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law in the form of Michigan H.B. The Act defines licensees as persons authorized, registered, or licensed under Michigan insurance laws or required to be so. 6491 (Act). MCL § 500.550.

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$10,000,000 civil penalty for disclosing personal data without consent

Data Protection Report

In brief, the company agreed to settle the charges—without admitting or denying the allegations—for a civil payment of $10 million (partly suspended) plus $5 million in civil relief, as part of a 20-year stipulated order. million consumers between October 2019 and March 2023. Cerebral disclosed that its breach impacted nearly 3.2