Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp. Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Krebs on Security

MAY 31, 2019

On May 24, KrebsOnSecurity broke the news that First American had just fixed a weakness in its Web site that exposed approximately 885 million documents — many of them with Social Security and bank account numbers — going back at least 16 years. No authentication was needed to access the digitized records. ” . ”

Financial Services 206

Financial Services Insurance Sales Authentication 206

IT Governance

FEBRUARY 21, 2024

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. Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Date breached: 384,658,212 records. Data breached: 2.7

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

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

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

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

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. Securities and Exchange Commission (SEC). The company disclosed the security breach on July 5, but it is not clear when it has discovered the attack.

Ransomware 74

Ransomware Insurance Financial Services Manufacturing 74

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

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

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

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

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 117

Risk Financial Services Insurance Cybersecurity 117

Rocket Software

AUGUST 17, 2020

Depending on what industry you’re in, your approach to security may be very different. 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.

Authentication 52

Authentication Financial Services Passwords Insurance 52

Data Protection Report

FEBRUARY 8, 2022

The latter is the 2019 data security law known as the Stop Hacks and Improve Electronic Data Security (SHIELD) Act. When you enter personal information on our Site, we encrypt transmissions involving such information using secure protocols.” In total, information for approximately 2.1 Background. SHIELD Act.

Passwords 98

Passwords Financial Services Authentication Insurance 98

Security Affairs

APRIL 20, 2023

In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security. However, despite the critical status of bank infrastructure on the national level, the security of crucial data was not ensured. million files belonging to ICICI Bank.

Personal data 97

Personal data Phishing Risk Financial Services 97

Data Matters

APRIL 20, 2021

The Cybersecurity Guidance is directed at plan sponsors and fiduciaries regulated by the Employee Retirement Income Security Act of 1974 (ERISA) as well as plan participants and beneficiaries. Online Security Tips for plan participants and beneficiaries. Considerations for Plan Sponsors and Other Fiduciaries.

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

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 Stop Hacks and Improve Electronic Data Security Act.

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. The settlement requires EyeMed to pay $4.5 million, among other things. Background. million.

Cybersecurity 52

Cybersecurity Personal data Risk Financial Services 52

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

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

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. Third-party service provider risk management program.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

Adam Levin

NOVEMBER 17, 2020

Mobile payment platforms, like Apple Pay and Google Pay, use advanced technology, like fingerprint authentication and tokenization (in which credit card account numbers are replaced by randomly generated numbers) to provide brick-and-mortar shoppers with an added layer of security. Browse online using secure networks.

Retail 97

Retail e-Delivery Passwords Phishing 97

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

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

Shoreline Records Management

AUGUST 21, 2023

With the advent of electronic health records (EHRs) and the increasing emphasis on data security and accessibility, the role of offsite medical records storage has become paramount, especially in the context of physicians’ responsibilities as they seek to close their practice.

Records Management 26

Records Management Paper Compliance Access 26

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

IT Governance

MARCH 11, 2024

66,702,148 known records breached in 103 newly 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 breached: 6.9

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

eSecurity Planet

JANUARY 21, 2021

It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. IT governance and security.

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

IT Governance

JANUARY 23, 2024

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 breached: 70,840,771 email addresses. million customers’ data. million customers’ data. Data breached: 35,500,000 records.

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

DLA Piper Privacy Matters

APRIL 2, 2020

In the context of this global crisis, cyber risk management involves balancing the productivity of a workforce with ensuring confidentiality, integrity and availability of the company’s own systems and data, as well as that of their supply chain. Enabling “safe searching” browser security features can help. Awareness and Training.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

eSecurity Planet

JANUARY 21, 2021

It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. IT governance and security.

Compliance 57

Compliance Risk Government Retail 57

IT Governance

DECEMBER 11, 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. Researchers from the German cyber security company Aplite discovered 3,806 servers from 111 countries accessible on the Internet. Data breached: 5 TB. Akumin Inc.

Data Privacy 101

Data Privacy Energy and Utilities Privacy Manufacturing 101

IT Governance

JANUARY 16, 2024

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. The data is no longer publicly available. Data breached: >223,000,000 records. Data breached: >7,000,000 records. Data breached: 5,500,000 records.

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52