Remove Data breaches Remove Financial Services Remove IT Remove Security awareness
article thumbnail

Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

Major data breaches in recent years are spurring state legislators and regulators across the US into action. Of particular concern to state-level policymakers and enforcement authorities are business practices that in their view may contribute to security incidents.

article thumbnail

CyberheistNews Vol 13 #25 [Fingerprints All Over] Stolen Credentials Are the No. 1 Root Cause of Data Breaches

KnowBe4

1 Root Cause of Data Breaches Verizon's DBIR always has a lot of information to unpack, so I'll continue my review by covering how stolen credentials play a role in attacks. So, what does the report say about the most common threat actions that are involved in data breaches? million simulated phishing security tests.

article thumbnail

An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

In particular, it advocates (1) treating the cyber risk as an organization-wide, enterprise-level strategic priority , and (2) targeting cyber-risk at applicable stages in the data lifecycle —including collection, use, sharing, and destruction—by deploying credible industry guidance, as appropriate to the organization. Principle 2.