Expert insights. Personalized for you.
Most people generally understand what happens after a data breach: the crooks use or sell the information to make a quick profit, and organisations must spend money recovering from the incident and paying legal fees and penalties. In this blog, we continue our discussion of the ongoing threat of debit and credit card fraud by looking at the financial effects of payment card breaches – from both cyber criminals’ and organisations’ perspectives. MORE
Dominion National Says Recently Discovered Incident Dates Back to 2010 A dental and vision insurer's revelation that it recently discovered a 9-year-old data security incident offers an extreme example of the difficulty some organizations have in detecting data breaches MORE
Hospital network Atrium Health suffered a data breach, hacked accessed patients’ personal information after compromised the technology solutions provider AccuDoc. Atrium Health was informed on October 1 that AccuDoc had detected unauthorized access to its databases that stored data related to payments made at several company locations, including Blue Ridge HealthCare System, Columbus Regional Health Network, NHRMC Physician Group, Scotland Physicians Network, and St. MORE
Good article about how difficult it is to insure an organization against Internet attacks, and how expensive the insurance is. Companies like retailers, banks, and healthcare providers began seeking out cyberinsurance in the early 2000s, when states first passed data breach notification laws. But even with 20 years' worth of experience and claims data in cyberinsurance, underwriters still struggle with how to model and quantify a unique type of risk. MORE
Lawsuit filed by Lexington Insurance and Beazley Insurance is in response to a Trustwave legal filing that called their claims meritless MORE
Recovery agency for patient collections American Medical Collection Agency (AMCA) suffered a data breach that could impact many of its customers. American Medical Collection Agency (AMCA) suffered a data breach that could impact many of its customers, the company still hasn’t disclosed details. The security breach has impacted roughly 12 million of Quest Diagnostics ‘ patients and roughly 7.7 MORE
Every day almost 7 million data records are compromised , with no organisation or sector immune. Organisations are facing a war on data breaches, so it’s imperative that ‘know your enemy’ becomes part of their battle tactics. Data breaches come in various forms and sizes – not all incidents are caused by sophisticated cyber attacks. To help you understand what your organisation is facing, here’s a breakdown of some of the most common types of data breaches. MORE
In a month where security experts across Europe were boosting awareness of cyber security , organisations had mixed results in their own data protection practices. On the one hand, the 421,103,896 data records that were confirmed to have been breached in October represents about 50% of the monthly average. It was also a particularly bad month for the UK, with 9 confirmed breaches. Comodo Forums users told that their data has been stolen and traded online (170,000). MORE
vpnMentor ’s research team discovered a hack affecting 80 million US households, and the incident is still actively leaking data. This isn’t the first time a huge database has been breached. However, we believe that it is the first time a breach of this size has included peoples’ names, addresses, and income. This reveals open holes in web systems, which they then examine for weaknesses and data leaks. Why This Data Breach is Different. MORE
To help mitigate the risk of financial losses, more companies are turning to cyber insurance. Related: Bots attack business logic Cyber insurance, like other forms of business insurance, is a way for companies to transfer some of numerous potential liability hits associated specifically with IT infrastructure and IT activities. In other words, you are just about as likely to suffer from a security or data breach as you are to experience a hurricane or earthquake. MORE
Oregon Department of Human Services announced it was a victim of a data breach in January, roughly 645,000 potentially impacted. Oregon Department of Human Services officials confirmed that the organization has suffered a data breach that has exposed personal details and health information of 645,000 clients. “The Oregon Department of Human Services is notifying about 645,000 clients whose personal information is now at risk from a January data breach. MORE
Two have been indicted in the 2015 massive data breach of health insurer Anthem, which compromised the data of at least 78 million customers. Breach Government Hacks Privacy 2015 anthem breach Anthem breach china hacking group data breach hacking group MORE
The US-based children’s clothing maker Hanna Andersson has disclosed a data breach that affected its customers. The US-based children’s clothing maker and online retailer Hanna Andersson discloses a data breach, attackers planted an e-skimmer on its e-commerce platform. Like other Magecart attacks , crooks compromised the online store and injected a JavaScript code into checkout pages to steal payment data while users were making purchases. MORE
The way in which you respond to a data breach has a significant impact on how severe its consequences are. The number of data breaches that were tracked in the U.S. Data breaches, incidents in which personal information is accidentally or unlawfully stolen, lost, disclosed, accessed, altered or destroyed, can happen to organizations of any size and sector. When Should You Report a Data Breach? How Soon After a Breach Should You Report It? MORE
The Maryland Department of Labor announced it has suffered a data breach announced that exposed personally identifiable information. . The Maryland Department of Labor suffered a data breach, hackers accessed databases containing personally identifiable information (PII). The security breach was discovered earlier this year, hackers also accessed data stored in the Literacy Works Information System and a legacy unemployment insurance service database. MORE
Blue Cross of Idaho announced to have suffered a data breach, hackers accessed to the personal information of about 5,600 customers. According to officials, the portal of Blue Cross of Idaho was breached on March 21 in an attempt to fraudulently reroute financial transactions made by providers. We take consumers’ privacy very seriously, and we are committed to keeping our members’ data secure,” said Blue Cross of Idaho Executive Vice President Paul Zurlo. “We MORE
Gallagher (AJG) insurance giant disclosed a ransomware attack, the security breach took place on Saturday. Gallagher (AJG) global insurance brokerage firm confirmed that it was his with a ransomware attack on Saturday, September 26. US-based Arthur J. MORE
Million Settlement Would Be Largest Ever for a Data Breach, Plaintiffs Say Yahoo is hoping a revamped proposed breach-related settlement will pass muster with a federal judge who rejected the first one for myriad reasons, including high attorney fees and a lack of transparency. million, just ahead of health insurer Anthem's $115 million settlement MORE
With the average cost of a data breach exceeding three million dollars, cyber insurance has become a necessity for SMBs. The post SMBs and Cyber Insurance – Third Certainty #27 appeared first on Adam Levin. MORE
Some terms of the recent $115 million settlement in the class action lawsuit against health insurer Anthem tied to a 2015 cyberattack appear underwhelming for the victims, says attorney James DeGraw, who explains why MORE
Magellan Health, a for-profit managed health care and insurance firm, was the victim of a ransomware attack. Magellan Health is a for-profit managed health care and insurance firm that ranks 417 on the Fortune 500 list of the largest US corporations by total revenue. ” reads the data breach notice issued by the company. The post Healthcare giant Magellan Health discloses data breach after ransomware attack appeared first on Security Affairs. MORE
The 632,595,960 breached records accounts for about a third of January’s total, and is considerably lower than the figures for this time last year. Unfortunately, the number of breached records doesn’t tell the full story, as there were a whopping 105 incidents – making February 2020 the second leakiest month we’ve ever recorded. Ordinance Survey discovers breach of employee data (1,000). South Carolina-based United Health notifies patients of 2019 data breach (36). MORE
The Web site for Fortune 500 real estate title insurance giant First American Financial Corp. based First American is a leading provider of title insurance and settlement services to the real estate and mortgage industries. “Closing agencies are supposed to be the only neutral party that doesn’t represent someone else’s interest, and you’re required to have title insurance if you have any kind of mortgage,” Shoval said. MORE
The June data breach of Canadian financial institution Desjardins was wider in scope than initially reported and compromised the data of all 4.2 The breach, initially detected in December 2018 and announced in July 2019, was originally estimated to have affected 2.7 It is possible more businesses were impacted by the breach than originally estimated. The post Desjardins Data Breach Worse Than Originally Reported appeared first on Adam Levin. MORE
France’s data protection agency had fined the ride-sharing company Uber with 400,000 euros ($455,000) over a 2016 data breach. The data breach suffered by Uber in 2016 exposed the personal data of some 57 million clients and drivers worldwide. The hackers tried to blackmail Uber and demanded $100,000 from the company in exchange for avoiding publish the stolen data. SecurityAffairs – hacking, 2016 data breach). MORE
That’s why they organisations increasingly relying on cyber insurance policies to cover the costs when data breaches and cyber attacks occur. But just how helpful is cyber insurance? What is cyber insurance? How does cyber insurance work? MORE
Lawsuit Claims Insurer Owes Retailer for Coverage of Card Replacement Costs Target has filed a lawsuit against its long-time insurer, ACE American Insurance Co., in an attempt to recoup money it spent to replace payment cards as part of settlements over the retailer's massive 2013 data breach. Find out how much money the company is seeking MORE
The funds would cover some of the money Target paid to reimburse financial institutions for credit card replacement after the 2013 breach MORE
A data breach here, a data breach there, a data breach everywhere. Hardly a day goes by that we don’t hear about large-scale security incidents and breaches in the headlines. Still, both types of organizations experience incidents and breaches. MORE
As reported on the Insurance Recovery Blog , Hunton Andrews Kurth insurance practice head Walter Andrews recently commented to the Global Data Review regarding the infirmities underlying an Orlando, Florida federal district court’s ruling that an insurer does not have to defend its insured for damage caused by a third-party data breach. To me, it’s clear that there were two reasonable interpretations of the insurance policy here.”. MORE
Among the 2017 Incidents Was a Mailing Mishap Exposing HIV Information Federal regulators have slapped health insurer Aetna with a $1 million HIPAA settlement for three 2017 breaches - including a mailing incident that exposed HIV information - that occurred within six months MORE
Dominion National first spotted something awry in April of 2019 MORE
Case Now Heads Back to Lower Court for Potential Trial The Supreme Court has declined to review the data breach case involving CareFirst, and so now the class action lawsuit against the health insurer is headed back to a Washington federal trial court. The breach case would have been the first of its kind considered by the nation's highest court MORE
Immigration law firm Fragomen has disclosed a data breach that exposed current and former Google employees’ personal information. These services are available through IDX, the data breach and recovery services expert.” MORE
There were a massive 99 data breaches and cyber attacks in August, making it the third-biggest monthly total of the year by number of security incidents. Data breaches. The post List of data breaches and cyber attacks in August 2020 – 36.6 MORE
The Supreme Court has given Morrisons permission to appeal a ruling that found the supermarket liable for a data breach caused by a malicious insider. Morrisons has lost two cases related to its March 2014 data breach , in which Andrew Skelton, a senior internal auditor at the supermarket’s Bradford office, leaked the payroll data of 99,998 employees. Skelton was arrested soon after leaking the data and in July 2015 was sentenced to eight years in prison. MORE
The South African branch of consumer credit reporting agency Experian disclosed a data breach that impacted 24 million customers. The South African branch of consumer credit reporting agency Experian disclosed this week a data breach that impacted 24 million customers. MORE
Even the tiniest security gap can lead to a data breach. million settlement, Nationwide Insurance’s breach serves as just one example of the growing number of data breaches each year—making it all the more important you have protections in place. The post The Data Breach Case Study & Protection Guide appeared first on Record Nations. Data Breach/ID TheftAfter a $5.5 MORE
Two thirds of UK organisations are uninsured against the financial impact of a data breach, a survey has revealed. The Risk:Value 2018 Report by NTT Security discovered that only 29% of organisations have dedicated cyber insurance in place, despite 81% of senior executives touting insurance against data breaches as “vital”. Data breaches are becoming more severe, yet many organisations still assume they will never suffer one. MORE
After mammoth amounts of personal data were leaked in May and June, we’ve seen a reversion to the mean this month. You can find our full list of publicly disclosed data breaches from July in this blog. Bitcoin scam leaks personal data of users from across the globe (248,926). MORE
A Girl Scouts of America branch in California suffered a security breach, hackers accessed data of 2,800 girls and their families. Hackers breached the Orange County, Calif. 1, Girl Scouts of Orange County notified every member whose data has been compromised. According to GSOC, the account was used in the past to arrange travel for group members and for this reason hackers may have been able to obtain personal data with their account access. MORE
Data Breach Today
NOVEMBER 21, 2019
Lawsuit Claims Insurer Owes Retailer for Coverage of Card Replacement Costs Target has filed a lawsuit against its long-time insurer, ACE American Insurance Co., in an attempt to recoup money it spent to replace payment cards as part of settlements over the retailer's massive 2013 data breach. Find out how much money the company is seeking
Security Affairs
OCTOBER 27, 2020
Immigration law firm Fragomen has disclosed a data breach that exposed current and former Google employees’ personal information. These services are available through IDX, the data breach and recovery services expert.”
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Data Breach Today
OCTOBER 28, 2020
Among the 2017 Incidents Was a Mailing Mishap Exposing HIV Information Federal regulators have slapped health insurer Aetna with a $1 million HIPAA settlement for three 2017 breaches - including a mailing incident that exposed HIV information - that occurred within six months
Adam Levin
SEPTEMBER 7, 2020
With the average cost of a data breach exceeding three million dollars, cyber insurance has become a necessity for SMBs. The post SMBs and Cyber Insurance – Third Certainty #27 appeared first on Adam Levin.
Security Affairs
AUGUST 20, 2020
The South African branch of consumer credit reporting agency Experian disclosed a data breach that impacted 24 million customers. The South African branch of consumer credit reporting agency Experian disclosed this week a data breach that impacted 24 million customers.
IT Governance
AUGUST 3, 2020
After mammoth amounts of personal data were leaked in May and June, we’ve seen a reversion to the mean this month. You can find our full list of publicly disclosed data breaches from July in this blog. Bitcoin scam leaks personal data of users from across the globe (248,926).
|
Data Breach Today
APRIL 10, 2019
Million Settlement Would Be Largest Ever for a Data Breach, Plaintiffs Say Yahoo is hoping a revamped proposed breach-related settlement will pass muster with a federal judge who rejected the first one for myriad reasons, including high attorney fees and a lack of transparency. million, just ahead of health insurer Anthem's $115 million settlement
Security Affairs
MAY 13, 2020
Magellan Health, a for-profit managed health care and insurance firm, was the victim of a ransomware attack. Magellan Health is a for-profit managed health care and insurance firm that ranks 417 on the Fortune 500 list of the largest US corporations by total revenue. ” reads the data breach notice issued by the company. The post Healthcare giant Magellan Health discloses data breach after ransomware attack appeared first on Security Affairs.
Dark Reading
NOVEMBER 22, 2019
The funds would cover some of the money Target paid to reimburse financial institutions for credit card replacement after the 2013 breach
Dark Reading
JUNE 24, 2019
Dominion National first spotted something awry in April of 2019
Data Breach Today
JUNE 26, 2019
Dominion National Says Recently Discovered Incident Dates Back to 2010 A dental and vision insurer's revelation that it recently discovered a 9-year-old data security incident offers an extreme example of the difficulty some organizations have in detecting data breaches
|
IT Governance
OCTOBER 15, 2020
That’s why they organisations increasingly relying on cyber insurance policies to cover the costs when data breaches and cyber attacks occur. But just how helpful is cyber insurance? What is cyber insurance? How does cyber insurance work?
IT Governance
MARCH 2, 2020
The 632,595,960 breached records accounts for about a third of January’s total, and is considerably lower than the figures for this time last year. Unfortunately, the number of breached records doesn’t tell the full story, as there were a whopping 105 incidents – making February 2020 the second leakiest month we’ve ever recorded. Ordinance Survey discovers breach of employee data (1,000). South Carolina-based United Health notifies patients of 2019 data breach (36).
Security Affairs
APRIL 16, 2019
Blue Cross of Idaho announced to have suffered a data breach, hackers accessed to the personal information of about 5,600 customers. According to officials, the portal of Blue Cross of Idaho was breached on March 21 in an attempt to fraudulently reroute financial transactions made by providers. We take consumers’ privacy very seriously, and we are committed to keeping our members’ data secure,” said Blue Cross of Idaho Executive Vice President Paul Zurlo. “We
Hunton Privacy
OCTOBER 10, 2018
As reported on the Insurance Recovery Blog , Hunton Andrews Kurth insurance practice head Walter Andrews recently commented to the Global Data Review regarding the infirmities underlying an Orlando, Florida federal district court’s ruling that an insurer does not have to defend its insured for damage caused by a third-party data breach. To me, it’s clear that there were two reasonable interpretations of the insurance policy here.”.
InfoGoTo
SEPTEMBER 16, 2020
A data breach here, a data breach there, a data breach everywhere. Hardly a day goes by that we don’t hear about large-scale security incidents and breaches in the headlines. Still, both types of organizations experience incidents and breaches.
Security Affairs
NOVEMBER 26, 2018
The way in which you respond to a data breach has a significant impact on how severe its consequences are. The number of data breaches that were tracked in the U.S. Data breaches, incidents in which personal information is accidentally or unlawfully stolen, lost, disclosed, accessed, altered or destroyed, can happen to organizations of any size and sector. When Should You Report a Data Breach? How Soon After a Breach Should You Report It?
Security Affairs
NOVEMBER 28, 2018
Hospital network Atrium Health suffered a data breach, hacked accessed patients’ personal information after compromised the technology solutions provider AccuDoc. Atrium Health was informed on October 1 that AccuDoc had detected unauthorized access to its databases that stored data related to payments made at several company locations, including Blue Ridge HealthCare System, Columbus Regional Health Network, NHRMC Physician Group, Scotland Physicians Network, and St.
Security Affairs
JUNE 20, 2019
Oregon Department of Human Services announced it was a victim of a data breach in January, roughly 645,000 potentially impacted. Oregon Department of Human Services officials confirmed that the organization has suffered a data breach that has exposed personal details and health information of 645,000 clients. “The Oregon Department of Human Services is notifying about 645,000 clients whose personal information is now at risk from a January data breach.
Security Affairs
JULY 9, 2019
The Maryland Department of Labor announced it has suffered a data breach announced that exposed personally identifiable information. . The Maryland Department of Labor suffered a data breach, hackers accessed databases containing personally identifiable information (PII). The security breach was discovered earlier this year, hackers also accessed data stored in the Literacy Works Information System and a legacy unemployment insurance service database.
Security Affairs
JUNE 5, 2019
Recovery agency for patient collections American Medical Collection Agency (AMCA) suffered a data breach that could impact many of its customers. American Medical Collection Agency (AMCA) suffered a data breach that could impact many of its customers, the company still hasn’t disclosed details. The security breach has impacted roughly 12 million of Quest Diagnostics ‘ patients and roughly 7.7
Krebs on Security
MAY 24, 2019
The Web site for Fortune 500 real estate title insurance giant First American Financial Corp. based First American is a leading provider of title insurance and settlement services to the real estate and mortgage industries. “Closing agencies are supposed to be the only neutral party that doesn’t represent someone else’s interest, and you’re required to have title insurance if you have any kind of mortgage,” Shoval said.
Dark Reading
JULY 9, 2018
Lawsuit filed by Lexington Insurance and Beazley Insurance is in response to a Trustwave legal filing that called their claims meritless
Schneier on Security
APRIL 12, 2018
Good article about how difficult it is to insure an organization against Internet attacks, and how expensive the insurance is. Companies like retailers, banks, and healthcare providers began seeking out cyberinsurance in the early 2000s, when states first passed data breach notification laws. But even with 20 years' worth of experience and claims data in cyberinsurance, underwriters still struggle with how to model and quantify a unique type of risk.
Security Affairs
JANUARY 21, 2020
The US-based children’s clothing maker Hanna Andersson has disclosed a data breach that affected its customers. The US-based children’s clothing maker and online retailer Hanna Andersson discloses a data breach, attackers planted an e-skimmer on its e-commerce platform. Like other Magecart attacks , crooks compromised the online store and injected a JavaScript code into checkout pages to steal payment data while users were making purchases.
IT Governance
SEPTEMBER 1, 2020
There were a massive 99 data breaches and cyber attacks in August, making it the third-biggest monthly total of the year by number of security incidents. Data breaches. The post List of data breaches and cyber attacks in August 2020 – 36.6
Security Affairs
OCTOBER 30, 2018
A Girl Scouts of America branch in California suffered a security breach, hackers accessed data of 2,800 girls and their families. Hackers breached the Orange County, Calif. 1, Girl Scouts of Orange County notified every member whose data has been compromised. According to GSOC, the account was used in the past to arrange travel for group members and for this reason hackers may have been able to obtain personal data with their account access.
Record Nations
MAY 8, 2018
Even the tiniest security gap can lead to a data breach. million settlement, Nationwide Insurance’s breach serves as just one example of the growing number of data breaches each year—making it all the more important you have protections in place. The post The Data Breach Case Study & Protection Guide appeared first on Record Nations. Data Breach/ID TheftAfter a $5.5
Data Breach Today
FEBRUARY 20, 2018
Case Now Heads Back to Lower Court for Potential Trial The Supreme Court has declined to review the data breach case involving CareFirst, and so now the class action lawsuit against the health insurer is headed back to a Washington federal trial court. The breach case would have been the first of its kind considered by the nation's highest court
Adam Levin
NOVEMBER 6, 2019
The June data breach of Canadian financial institution Desjardins was wider in scope than initially reported and compromised the data of all 4.2 The breach, initially detected in December 2018 and announced in July 2019, was originally estimated to have affected 2.7 It is possible more businesses were impacted by the breach than originally estimated. The post Desjardins Data Breach Worse Than Originally Reported appeared first on Adam Levin.
Security Affairs
APRIL 29, 2019
vpnMentor ’s research team discovered a hack affecting 80 million US households, and the incident is still actively leaking data. This isn’t the first time a huge database has been breached. However, we believe that it is the first time a breach of this size has included peoples’ names, addresses, and income. This reveals open holes in web systems, which they then examine for weaknesses and data leaks. Why This Data Breach is Different.
IT Governance
SEPTEMBER 26, 2018
Two thirds of UK organisations are uninsured against the financial impact of a data breach, a survey has revealed. The Risk:Value 2018 Report by NTT Security discovered that only 29% of organisations have dedicated cyber insurance in place, despite 81% of senior executives touting insurance against data breaches as “vital”. Data breaches are becoming more severe, yet many organisations still assume they will never suffer one.
Security Affairs
DECEMBER 23, 2018
France’s data protection agency had fined the ride-sharing company Uber with 400,000 euros ($455,000) over a 2016 data breach. The data breach suffered by Uber in 2016 exposed the personal data of some 57 million clients and drivers worldwide. The hackers tried to blackmail Uber and demanded $100,000 from the company in exchange for avoiding publish the stolen data. SecurityAffairs – hacking, 2016 data breach).
Threatpost
MAY 9, 2019
Two have been indicted in the 2015 massive data breach of health insurer Anthem, which compromised the data of at least 78 million customers. Breach Government Hacks Privacy 2015 anthem breach Anthem breach china hacking group data breach hacking group
Security Affairs
SEPTEMBER 29, 2020
Gallagher (AJG) insurance giant disclosed a ransomware attack, the security breach took place on Saturday. Gallagher (AJG) global insurance brokerage firm confirmed that it was his with a ransomware attack on Saturday, September 26. US-based Arthur J.
IT Governance
OCTOBER 31, 2019
In a month where security experts across Europe were boosting awareness of cyber security , organisations had mixed results in their own data protection practices. On the one hand, the 421,103,896 data records that were confirmed to have been breached in October represents about 50% of the monthly average. It was also a particularly bad month for the UK, with 9 confirmed breaches. Comodo Forums users told that their data has been stolen and traded online (170,000).
The Last Watchdog
JANUARY 20, 2020
To help mitigate the risk of financial losses, more companies are turning to cyber insurance. Related: Bots attack business logic Cyber insurance, like other forms of business insurance, is a way for companies to transfer some of numerous potential liability hits associated specifically with IT infrastructure and IT activities. In other words, you are just about as likely to suffer from a security or data breach as you are to experience a hurricane or earthquake.
IT Governance
APRIL 23, 2019
The Supreme Court has given Morrisons permission to appeal a ruling that found the supermarket liable for a data breach caused by a malicious insider. Morrisons has lost two cases related to its March 2014 data breach , in which Andrew Skelton, a senior internal auditor at the supermarket’s Bradford office, leaked the payroll data of 99,998 employees. Skelton was arrested soon after leaking the data and in July 2015 was sentenced to eight years in prison.
IT Governance
OCTOBER 17, 2018
Every day almost 7 million data records are compromised , with no organisation or sector immune. Organisations are facing a war on data breaches, so it’s imperative that ‘know your enemy’ becomes part of their battle tactics. Data breaches come in various forms and sizes – not all incidents are caused by sophisticated cyber attacks. To help you understand what your organisation is facing, here’s a breakdown of some of the most common types of data breaches.
IT Governance
AUGUST 9, 2018
Most people generally understand what happens after a data breach: the crooks use or sell the information to make a quick profit, and organisations must spend money recovering from the incident and paying legal fees and penalties. In this blog, we continue our discussion of the ongoing threat of debit and credit card fraud by looking at the financial effects of payment card breaches – from both cyber criminals’ and organisations’ perspectives.
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