Krebs on Security

MAY 31, 2019

On May 29, The New York Times reported that the inquiry by New York’s Department of Financial Services is likely to be followed by other investigations from regulators and law enforcement. No authentication was needed to access the digitized records. ”

Financial Services 215

Financial Services Insurance Sales Authentication 215

IT Governance

NOVEMBER 13, 2023

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Records breached: 79,582 Ontario hospitals update: information relating to 5.6 Records breached: 79,582 Ontario hospitals update: information relating to 5.6

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

DLA Piper Privacy Matters

JULY 30, 2019

It’s summer, and life’s a breach. A data breach, that is. It’s your service provider’s breach, but it involves your (more likely, your customer’s) data. So put down the beach reading, for some breach reading. Who “owns” a data breach?

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

Adam Levin

APRIL 6, 2020

Marriott International announced a data breach that may have exposed the information of 5.2 This is the second major data breach that Marriott has experienced in recent years; in 2018, the company announced that the information of 327 million customers of subsidiary Starwoodhad been compromised in a similar incident. .

Data breaches 75

Data breaches Passwords Financial Services Insurance 75

Security Affairs

JULY 6, 2020

Xchanging is a business process and technology services provider and integrator, which provides technology-enabled business services to the commercial insurance industry. Xchanging is primarily an insurance managed services business that operates on a standalone basis.”

Ransomware 76

Ransomware Insurance Financial Services Manufacturing 76

DLA Piper Privacy Matters

NOVEMBER 26, 2018

Some interesting statistics relate to the number of data breach notifications and complaints received. since May 25th, the Belgian Data Protection Authority was notified of 317 data breaches (compared to last year when only 13 breaches were notified). In the six months ?since

GDPR 83

GDPR Data breaches Financial Services Insurance 83

erwin

APRIL 11, 2019

In fact, organizations should expect increasing pressure on lawmakers to introduce new data protection regulations. A number of high-profile data breaches and scandals have increased public awareness of the issue. For example, many retailers have robust, data-driven e-commerce operations that are international.

GDPR 100

GDPR e-Discovery Compliance Metadata 100

eSecurity Planet

AUGUST 9, 2022

GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. Healthcare Data Privacy Laws. Health data and patient data in the U.S. In the U.S., for example, all 50 states (along with the District of Columbia, Puerto Rico, the U.S.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

HL Chronicle of Data Protection

FEBRUARY 25, 2020

Companies should take note of two imminent developments in New York in the area of cybersecurity regulation: enforcement of the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (Regulation) and the effective date of the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act or Act).

Cybersecurity 104

Cybersecurity Financial Services Data breaches Insurance 104

OpenText Information Management

DECEMBER 4, 2019

Last year, the number of personal records exposed by cyber attacks on the financial services industry was an incredible 446,575,334 – more than triple from the year before. The financial and reputational damage from these data breaches can be immense.

Financial Services 52

Financial Services Data breaches Security Personal data 52

DLA Piper Privacy Matters

FEBRUARY 28, 2022

Primary areas of focus for the DPC in 2021 included the safeguarding of children’s data protection rights, progressing ongoing large-scale inquires and prioritising responding to complaints which have raised issues of substance, with a data subject centric approach to resolution. Financial Services Sector Focus.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

The Last Watchdog

JANUARY 30, 2019

Late last year, Atrium Health disclosed it lost sensitive data for some 2.65 The culprit: lax practices of a third-party data and analytics contractor. Related: Atrium Health breach highlights third-party risks. There is impetus for change – beyond the fear of sustaining a major data breach.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

IT Governance

FEBRUARY 21, 2024

402,437,094 known records breached in 240 publicly disclosed incidents Welcome to this week’s global round-up of the biggest and most interesting news stories. At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks.

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

Hunton Privacy

NOVEMBER 26, 2018

Since the GDPR took force, 317 data breaches were reported to the Belgian DPA. The majority of data breach notifications came from the following sectors: (i) health care, (ii) insurance, (iii) public institutions and defense, (iv) telecommunications and postal services, and (v) financial services.

GDPR 72

GDPR Data breaches Financial Services Insurance 72

Security Affairs

APRIL 8, 2020

The drug testing firm Hammersmith Medicines Research LTD (HMR), which performs live trials of Coronavirus vaccines, discloses a data breach. ” reads the data breach notification published by the company. The research firm revealed that many of the government IDs exposed in the data breach have since expired.

Ransomware 102

Ransomware Data breaches Encryption Financial Services 102

Rocket Software

AUGUST 17, 2020

For some sectors, like finance, security and data protection are top of mind for everything that is done. Financial services organizations typically experience the most data breaches and hacks, which makes security a priority. Patient data is highly sensitive and confidential. But what about healthcare?

Authentication 52

Authentication Financial Services Passwords Insurance 52

Data Protection Report

FEBRUARY 8, 2022

On January 24, 2022, the New York Attorney General (AG) announced a settlement with vision-benefits-provider EyeMed Vision Care, Inc., In total, information for approximately 2.1 EyeMed notified affected individuals and offered credit monitoring, fraud consultation, identity theft restoration. SHIELD Act.

Passwords 98

Passwords Financial Services Authentication Insurance 98

Data Matters

APRIL 20, 2021

This development indicates that sponsors and fiduciaries may soon be subject to focused scrutiny over their cybersecurity practices in DOL investigations and adds to the multiple existing sources of cybersecurity legal risk in the wake of data breaches or insufficient cybersecurity controls.

Cybersecurity 68

Cybersecurity Insurance Risk Compliance 68

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. NSC), relating to violations of three different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2020. NYDFS Cybersecurity Regulation.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

Security Affairs

APRIL 20, 2023

During the recent investigation, the Cybernews research team discovered that the bank leaked the sensitive data due to the misconfiguration of their systems. ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals.

Personal data 96

Personal data Phishing Risk Financial Services 96

Privacy and Cybersecurity Law

SEPTEMBER 20, 2016

On September 13, 2016, the New York Department of Financial Services introduced a new rule that would require banks, insurance […].

Financial Services 40

Financial Services Insurance Cybersecurity Data breaches 40

Adam Levin

NOVEMBER 30, 2018

If you prefer a more laid back approach, sign up for free transaction alerts from financial services institutions and credit card companies, or subscribe to a credit and identity monitoring program, 3. There are places to check your credit score for free online, and most credit cards let you see your FICO score. Manage the damage.

Financial Services 66

Financial Services Encryption Passwords Communications 66

Data Matters

JANUARY 2, 2018

This past year was marked by ever more significant data breaches, growing cybersecurity regulatory requirements at the state and federal levels and continued challenges in harmonizing international privacy and cybersecurity regulations. Data breach litigation risks. Federal Data Breach Legislation.

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 68

Data Matters

AUGUST 5, 2019

On July 25, 2019, Governor Cuomo signed the two bills into law, one which amended the state’s data breach notification law, and another that created additional obligations for data breaches at credit reporting agencies. The Identity Theft Prevention and Mitigation Services Act. codified at N.Y.

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

Data Protection Report

OCTOBER 24, 2022

On October 18, 2022, the New York Department of Financial Services announced a settlement with EyeMed, a licensed life, accident, and health insurer, with respect to a security incident that occurred in 2020.

Cybersecurity 52

Cybersecurity Personal data Risk Financial Services 52

Adam Levin

SEPTEMBER 5, 2019

Make sure you get on top of any incursion into your identity quickly and/or enroll in a program where professionals help you navigate and resolve identity compromises–oftentimes available for free, or at minimal cost, through insurance companies, financial services institutions and employers.

Mining 79

Mining Authentication Financial Services Privacy 79

Data Protection Report

JANUARY 7, 2019

The two-year transitional period under the New York State Department of Financial Services (“DFS””) Cybersecurity Regulation , 23 NYCRR 500 (the “Regulation”), will expire on March 1, 2019, with the final remaining requirement becoming effective.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

Hunton Privacy

NOVEMBER 10, 2016

Telecommunication and technology companies were the most represented respondents, followed by insurance and financial services companies, as well as pharmaceutical and healthcare companies. The survey respondents were a mix of both data controllers and data processors, with 57 percent controllers and 43 percent processors.

GDPR 45

GDPR Data Privacy Compliance Privacy 45

Hunton Privacy

JULY 22, 2009

The UK Financial Services Authority (FSA) has announced today fines for three HSBC entities totaling £3 million for failing to have adequate systems and controls in place to protect their customers’ confidential data. The incident will reignite debate as to whether the UK should have a mandatory data breach law.

Security 40

Security Insurance Data breaches Personal data 40

ARMA International

APRIL 18, 2022

For instance, Canada has a data protection law 3 and is currently considering a new data protection law that places even more restrictions on the retention and use of personal data than the GDPR 4. The United States does not have a Federal data protection law that protects all consumers.

Personal data 100

Personal data GDPR Privacy Records Management 100

ARMA International

AUGUST 2, 2019

with Equifax in connection with a 2017 data breach that exposed sensitive, personal data of around 147 million people. According to the FTC’s press release, the data breach included “names and dates of birth, Social Security numbers, physical addresses, and other personal information that could lead to identity theft and fraud.”

Cloud 41

Cloud Data breaches Encryption Access 41

Data Matters

SEPTEMBER 24, 2019

We provide a brief overview of BDPA’s principles relating to the processing of personal data, requirements with respect to data subject rights, international transfers, and compliance. Companies in the financial services, technology, airline and hotel industries are among those that could face substantial compliance obligations.

Personal data 68

Personal data GDPR Data Privacy Privacy 68

Adam Levin

NOVEMBER 17, 2020

Never use duplicate usernames or passwords across any of your online accounts to limit your exposure in case of a data breach. Many insurance companies, financial services organizations and employers offer cyber and identity protection products and services as a perk of your relationship either for free or at a deep discount.

Retail 97

Retail e-Delivery Passwords Phishing 97

Shoreline Records Management

AUGUST 21, 2023

These facilities also implement redundant systems and data backups to ensure data integrity and availability. HIPAA Compliance In healthcare data management, the Health Insurance Portability and Accountability Act (HIPAA) protects patient privacy and the security of medical records.

Records Management 26

Records Management Paper Compliance Access 26

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. Like other competitive GRC solutions, it speeds the process of aggregating and mining data, building reports, and managing files. Insurance & claims management.

Compliance 67

Compliance Risk Government Retail 67

Cyber Info Veritas

JULY 19, 2018

Did you know that 63% of all data breaches are directly or indirectly linked to third party companies? This article will focus on some strategies that organizations should consider implementing in order to mitigate their cybersecurity risk as far as third-party service providers are concerned.

Risk 40

Risk Cybersecurity Compliance Data breaches 40