Hunton Privacy

JULY 1, 2022

(“Carnival”), the world’s largest cruise-ship operator, for violations of the Cybersecurity Regulation (23 NYCRR Part 500) in connection with four cybersecurity events between 2019 and 2021, including two ransomware events. . NYDFS also found that Carnival had failed to implement basic protocols to prevent data breaches.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

IBM Big Data Hub

DECEMBER 4, 2023

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

Insurance 56

Insurance Digital transformation Compliance Cloud 56

Schneier on Security

MARCH 8, 2019

This will complicate things: To complicate matters, having cyber insurance might not cover everyone's losses. Zurich American Insurance Company refused to pay out a $100 million claim from Mondelez, saying that since the U.S.

Insurance 78

Insurance Cybersecurity Military Government 78

KnowBe4

JUNE 13, 2023

As government-sponsored and widespread vulnerability attacks continue to result in larger damages, cyber insurers are looking for opportunities to still meet demand without incurring risk.

Insurance 85

Insurance Risk Government Cybersecurity 85

IG Guru

MAY 21, 2021

surpassed France last year in damage from ransomware to businesses, hospitals, schools and local governments, according to the cybersecurity firm Emsisoft, estimating France’s related overall losses at more than $5.5 Only the U.S.

Insurance 53

Insurance Ransomware Government Cybersecurity 53

Security Affairs

NOVEMBER 20, 2021

banking regulators have approved a new rule that orders banks to notify federal regulators of significant cybersecurity incidents within 36 hours. banking regulators this week approved a rule that obliges banks to report any major cybersecurity incidents to the government within 36 hours of discovery. Pierluigi Paganini.

Cybersecurity 133

Cybersecurity Financial Services Insurance Ransomware 133

Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Data Breach Today

MARCH 12, 2023

Help for Uninsured Depositors Avoids Doomsday Scenario of Startups Missing Payroll The short-term crisis for cybersecurity startups around the sudden collapse of Silicon Valley Bank has been averted.

Insurance 130

Insurance Cybersecurity Government Access 130

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. government, especially in light of ongoing tensions between the U.S. Like an incident response plan, MFA has become a critical element of cybersecurity programs.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Security Affairs

APRIL 8, 2024

Greylock McKinnon Associates (GMA) provides expert economic analysis and litigation support to a diverse group of domestic and international clients in the legal profession, the business community, and government agencies, including the Department of Justice (DoJ). ” reads the data breach notification.

Data breaches 122

Data breaches Insurance Cybersecurity Government 122

Hunton Privacy

FEBRUARY 25, 2021

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.

Insurance 70

Insurance Cybersecurity Risk Education 70

eSecurity Planet

MARCH 3, 2023

The White House’s National Cybersecurity Strategy unveiled yesterday is an ambitious blueprint for improving U.S. cybersecurity and threat response, but some of the more ambitious items will take time to implement, and could face opposition from Congress. ” Those fundamental shifts are focused on two core priorities. .”

Cybersecurity 102

Cybersecurity Government Manufacturing Personal data 102

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. This article looks at cybersecurity risk management, how to establish a risk management system, and best practices for building resilience. What is Cybersecurity Risk Management?

Risk 121

Risk Cybersecurity Encryption Access 121

Data Matters

JANUARY 14, 2019

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.”.

Insurance 68

Insurance Security Cybersecurity Data breaches 68

The Last Watchdog

APRIL 8, 2024

Related: The ‘cyber’ case for D&O insurance Vanessa Pegueros knows this all too well. She serves on the board of several technology companies and also happens to be steeped in cyber risk governance. They are demanding to understand how their vendors could potentially impact their customers and their reputation.

Compliance 166

Compliance Cybersecurity Risk Mining 166

Data Protection Report

JANUARY 4, 2024

On December 9, 2023, the California Privacy Protection Agency (CPPA) met to discuss, among many other topics, three proposed draft regulations that were required by the California Privacy Rights Act (CPRA) amendment to the California Consumer Privacy Act (CCPA): Automated Decision-Making Technology, Cybersecurity Audits, and Risk Assessments.

Privacy 109

Privacy Cybersecurity Artificial Intelligence e-Discovery 109

Thales Cloud Protection & Licensing

NOVEMBER 15, 2023

Ready for Take-off: Rising Above Airport Cybersecurity Challenges sparsh Thu, 11/16/2023 - 04:52 Aviation is a fast-paced world, with airports around the globe serving billions of passengers annually. ICAO , IATA, and EASA have all published comprehensive, mandatory cybersecurity guidelines.

Cybersecurity 87

Cybersecurity Authentication Access Compliance 87

Getting Information Done

APRIL 18, 2017

Cybersecurity is a strategic priority for most organizations. We’ve all heard for years that information technology (IT) and cybersecurity require people, process, and technology; however, over the years, “people” and “process” have not received the same attention as “technology.” As a result, companies are turning to cyber insurance.

Government 53

Government Cybersecurity Insurance Information governance 53

Hunton Privacy

AUGUST 2, 2021

Connecticut recently passed two cybersecurity laws that will become effective on October 1, 2021. Cybersecurity Safe Harbor (HB 6607). On July 6, 2021, Governor Ned Lamont signed HB 6607, An Act Incentivizing the Adoption of Cybersecurity Standards for Businesses.

Cybersecurity 87

Cybersecurity Insurance Military Data Privacy 87

Data Matters

JUNE 23, 2022

Kentucky and Maryland recently continued the trend of state insurance departments adopting some version of the National Association of Insurance Commissioners’ (“NAIC”) Insurance Data Security Model Law. Kentucky Governor Andy Beshear signed House Bill 474 into law, and Maryland Governor Larry Hogan signed SB 207.

Insurance 103

Insurance Security Cybersecurity Information Security 103

Adam Levin

JUNE 25, 2018

South Carolina became the first state to pass a law requiring all insurance entities to create and maintain a cybersecurity and data breach response program. . The law itself was drafted by the National Association of Insurance Commissioners’ Cybersecurity Working Group, and was adapted from a similar proposal in New York.

Insurance 40

Insurance Cybersecurity Data breaches Government 40

IG Guru

OCTOBER 11, 2019

Insurance broker Marsh has unveiled the inaugural class of cybersecurity products and services receiving a Cyber Catalyst designation that is part of an evaluation program its backers hope will bring greater clarity in the crowded cybersecurity marketplace.

Insurance 40

Insurance Cybersecurity IT Information governance 40

Security Affairs

JULY 8, 2019

Government computer systems at La Porte County, Indiana, were shut down after a cyber attack hit them on July 6. On July 6, a cyber attack brought down government computer systems atLa Porte County, Indiana. The post Cyberattack shuts down La Porte County government systems appeared first on Security Affairs.

Government 96

Government Insurance Ransomware Cybersecurity 96

Hunton Privacy

FEBRUARY 11, 2022

On February 9, 2022, the SEC proposed new cybersecurity compliance and disclosure rules for the investment management industry in a three to one vote. Notably, the proposal would require RIAs to notify the SEC on a confidential basis within 48 hours of discovering a significant cybersecurity incident. Risk Management Rules.

Cybersecurity 102

Cybersecurity Risk Access Insurance 102

The Last Watchdog

OCTOBER 5, 2023

Editor’s note: I recently had the chance to participate in a discussion about the overall state of privacy and cybersecurity with Erin Kapczynski, OneRep’s senior vice president of B2B marketing. How did you first get interested in cybersecurity as a career? Erin: So, let’s get started. What drew you to this field?

Cybersecurity 190

Cybersecurity Privacy Cloud IoT 190

Data Matters

MARCH 26, 2020

cybersecurity and cyber risk insurance issues. The COVID-19 global pandemic presents unique legal and practical challenges for companies across all industries, including with respect to cybersecurity risks and protections. Vishnu Shankar – Senior Associate, Privacy and Cybersecurity, Sidley Austin LLP, London.

Cybersecurity 74

Cybersecurity Insurance Risk Privacy 74

Daymark

DECEMBER 5, 2023

On October 30, 2023, the US Securities and Exchange Commission (SEC) announced fraud charges against SolarWinds and its former chief information security officer (CISO), alleging that “ SolarWinds’ public statements about its cybersecurity practices and risks were at odds with its internal assessments.”

Insurance 63

Insurance Cybersecurity Risk Information Security 63

The Last Watchdog

MARCH 20, 2023

Cybersecurity specialists here at Digital Forensics have built up a store of knowledge tracking criminal patterns while deploying countermeasures on behalf of our clients. Exploitation drivers From the case of Hegestratos committing insurance fraud by sinking a ship in 300 B.C.,

Cybersecurity 186

Cybersecurity Education Insurance Data breaches 186

Security Affairs

MAY 9, 2020

Nigerian cyber gang SilverTerrier, specialized in BEC attacks, used COVID-19 lures in recent attacks on healthcare and government organizations. SilverTerrier has been active since at least 2014, it is a collective of over hundreds of individual threat actors. . “On April 8, 2020, we witnessed the most recent campaign by this actor.

Government 69

Government Energy and Utilities Insurance Phishing 69

Data Matters

JUNE 24, 2021

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. This resolution highlights the SEC’s continued focus on cybersecurity.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Data Matters

AUGUST 30, 2021

2 The SEC’s Pearson Order follows its June 2021 announcement that it had settled charges against First American Title Insurance Company (First American) for cybersecurity disclosure control failures. See also Sidley Austin LLP, SEC Issues New Guidance on Cybersecurity Disclosure Requirements, Sidley Austin LLP (Mar. 16, 2021).

Cybersecurity 97

Cybersecurity Risk Data Privacy Passwords 97

Data Matters

JANUARY 8, 2019

Department of Health and Human Services (HHS) released a four-volume cybersecurity guidance document for healthcare organizations. The publication, “ Health Industry Cybersecurity Practices: Managing Threats and Protecting Patients ” (HICP), is the result of a government and industry collaboration mandated by the Cybersecurity Act of 2015.

Cybersecurity 74

Cybersecurity Insurance Phishing Government 74

The Last Watchdog

SEPTEMBER 14, 2018

The attack also brought cybersecurity to the local level. It’s easy to think of it as a problem the federal government must address or something that enterprises deal with, but cybersecurity has to be addressed closer to home, as well. This makes government networks even more vulnerable and hackers see them as a gold mine.

Government 117

Government Digital transformation Mining Insurance 117

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

Data Matters

FEBRUARY 10, 2022

Securities and Exchange Commission (SEC), announced that he has asked SEC staff to provide sweeping rulemaking recommendations to modernize and expand the agency’s rules relating to cybersecurity. These SEC rules could broadly affect cybersecurity requirements across the U.S. Public Companies and Service Providers.

Cybersecurity 88

Cybersecurity Marketing Risk Compliance 88

Data Protection Report

AUGUST 29, 2022

On July 13, 2022, the Office of the Superintendent of Financial Institutions (OSFI) released its final Guideline B-13 (the Guideline), setting out technology and cyber risk management expectations for all federally regulated financial institutions (FRFIs), such as banks, insurance and trust companies.

Risk 115

Risk Insurance Cybersecurity Government 115

Security Affairs

JANUARY 6, 2024

It provides legal services in various practice areas, including corporate, finance, litigation, intellectual property, and cybersecurity. Orrick, Herrington & Sutcliffe LLP is a global law firm with a focus on serving clients in the technology, energy, and financial sectors.

Data breaches 117

Data breaches Insurance Access Cybersecurity 117