Target Sues Insurer Over 2013 Data Breach Costs

Data Breach Today

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

Fragomen law firm data breach exposed Google employee’s data

Security Affairs

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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Aetna Fined $1 Million After 3 Data Breaches

Data Breach Today

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

SMBs and Cyber Insurance – Third Certainty #27

Adam Levin

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.

Experian South Africa discloses data breach, 24 million customers impacted

Security Affairs

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.

List of data breaches and cyber attacks in July 2020 ­– 77 million records breached

IT Governance

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).

Yahoo Takes Second Swing at Data Breach Settlement

Data Breach Today

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

Healthcare giant Magellan Health discloses data breach after ransomware attack

Security Affairs

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.

Target Seeks $74M in Data Breach Reimbursement from Insurance Company

Dark Reading

The funds would cover some of the money Target paid to reimburse financial institutions for credit card replacement after the 2013 breach

Health Insurer Reports Data Breach That Began 9 Years Ago

Dark Reading

Dominion National first spotted something awry in April of 2019

Insurer: Breach Undetected for Nine Years

Data Breach Today

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

Cyber insurance: A guide for businesses

IT Governance

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?

List of data breaches and cyber attacks in February 2020 – 623 million records breached

IT Governance

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).

Blue Cross of Idaho data breach, 5,600 customers affected

Security Affairs

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 Insurance Head Comments on Hotel Data Breach Coverage Dispute

Hunton Privacy

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.”.

What You Need to Know About Cyber Insurance Coverage

InfoGoTo

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.

When Do You Need to Report a Data Breach?

Security Affairs

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?

AccuDoc Data Breach impacted 2.6 Million Atrium Health patients

Security Affairs

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.

Oregon Department of Human Services data breach impacted 645,000 clients

Security Affairs

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.

Maryland Department of Labor discloses a data breach

Security Affairs

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.

Tens of Million patients impacted by the AMCA data breach

Security Affairs

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

First American Financial Corp. Leaked Hundreds of Millions of Title Insurance Records

Krebs on Security

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.

Insurers Sue Trustwave for $30M Over '08 Heartland Data Breach

Dark Reading

Lawsuit filed by Lexington Insurance and Beazley Insurance is in response to a Trustwave legal filing that called their claims meritless

Cybersecurity Insurance

Schneier on Security

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.

US-based children’s clothing maker Hanna Andersson discloses a data breach

Security Affairs

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.

List of data breaches and cyber attacks in August 2020 – 36.6 million records breached

IT Governance

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

Girl Scouts data breach exposed personal information of 2,800 members

Security Affairs

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.

The Data Breach Case Study & Protection Guide

Record Nations

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

Supreme Court Won't Review CareFirst Data Breach Case

Data Breach Today

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

Desjardins Data Breach Worse Than Originally Reported

Adam Levin

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.

Report: Unknown Data Breach Exposes 80 Million US Households

Security Affairs

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.

Two thirds of organisations unlikely to survive a data breach

IT Governance

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.

France data protection agency fines Uber 400k Euros Over 2016 Data Breach

Security Affairs

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).

Chinese Hackers Behind 2015 Anthem Data Breach Indicted

Threatpost

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

Arthur J. Gallagher (AJG) insurance giant discloses ransomware attack

Security Affairs

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.

List of data breaches and cyber attacks in October 2019 – 421 million records breached

IT Governance

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).

GUEST ESSAY: Cyber insurance 101 — for any business operating in today’s digital environment

The Last Watchdog

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.

Morrisons heads to the Supreme Court over data breach

IT Governance

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.

Know your enemy – understanding the 7 different types of data breaches

IT Governance

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.

The cost of a payment card data breach

IT Governance

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.