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.,

Insurance firm CNA discloses data breach after March ransomware attack

Security Affairs

Insurance giant CNA notifies customers of a data breach after the Phoenix CryptoLocker ransomware attack suffered in March. US insurance giant CNA is notifying customers of a data breach after the ransomware attack that it suffered in March.

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Cyber Insurance: A Helping Hand But Premiums Are Rising

Data Breach Today

Kelly Butler Says Underwriting Requirements Are Becoming More Strict Cyber insurance can defray costs associated with data breaches and ransomware attacks.

Health Data Breach Tally Crowded With Vendor Incidents

Data Breach Today

Business Associate Breaches Affect Millions Many of the major health data breaches added to the federal tally so far this year involve business associates, continuing a trend in recent years.

Insurer Tokio Marine Hit by Ransomware

Data Breach Today

Firm Says Singapore Unit Was Targeted Tokio Marine, a Japan-based property and casualty insurer, says its Tokio Marine Insurance Singapore unit was hit by a ransomware attack this week

Changing Data Quantification in Security Insurance

Data Breach Today

Lynn Peachey, the director of business development at Arete Incident Response, says that insurance companies have made "a pretty quick turnaround in terms of trying to respond to the ransomware epidemic." She discusses the changes they are making, which include leveraging data quantification

Report: Health Insurance Exchange Suffered Dozens of Breaches

Data Breach Today

Insurer CNA Disconnects Systems After 'Cybersecurity Attack'

Data Breach Today

Investigation Continues; Law Enforcement Notified Insurance provider CNA reported Tuesday it was victimized over the weekend by a "cybersecurity attack" that caused a network disruption and impacted certain systems, including corporate email

Premium Hikes Spur Improved US Cyber Insurance Loss Ratios

Data Breach Today

Declining Loss Ratios Means Insurance Premium Increases Might Moderate in Late 2022 A surprising improvement in loss ratios for cyber insurance providers in 2021 means the rapid rise in premiums might at last subside later this year.

Hospitality Chain McMenamins discloses data breach after ransomware attack

Security Affairs

Hospitality chain McMenamins disclosed a data breach after a recent ransomware attack. Hospitality chain McMenamins discloses a data breach after a ransomware attack that took place on December 12. The good news is that customer financial data was not affected.

Insurer Chubb Investigating 'Security Incident'

Data Breach Today

Maze Gang Claims Insurer Is a Victim, Emsisoft Reports Switzerland-based global insurance firm Chubb acknowledges that it's investigating a "security incident."

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

Insurer: Size of Claims Paid for Ransomware Attacks Declines

Data Breach Today

Key Factors: Negotiating Lower Ransoms, Improving Recovery Cyber insurance provider Coalition Inc. says its clients' average claims for losses when they were hit by a ransomware attack totaled $184,000 in the first half of this year, down 45% compared to the second half of 2020.

Volkswagen discloses data breach, 3.3 million customers impacted

Security Affairs

Volkswagen America discloses a data breach at a third-party vendor that exposed the personal details of more than 3.3 Volkswagen America discloses a data breach suffered by a third-party vendor used by the car vendor for sales and marketing purposes.

Colonial Pipeline discloses data breach after May ransomware attack

Security Affairs

Colonial Pipeline discloses a data breach of the personal information of thousands of individuals after the ransomware attack that took place in May 2021. SecurityAffairs – hacking, data breach).

ISMG Editors’ Panel: Cyber Insurance; Ransomware Update

Data Breach Today

Also: Debating the Issue of Banning Ransom Payments In this week's panel discussion, four editors at Information Security Media Group discuss cyber insurance, persistent ransomware attacks and whether ransom payments should be banned

Cyber Insurance: Higher Premiums, Limited Coverage

Data Breach Today

GAO Report Summarizes Market Trends The increasing number of cyberthreats, especially ransomware attacks, is leading some cyber insurers to raise premiums and limit some coverage in hard-hit sectors, such as healthcare and education, according to a report from the Government Accountability Office

Utah Imaging Associates data breach impacts 583,643 patients

Security Affairs

Utah-based radiology medical center Utah Imaging Associates discloses a data breach that impacted 583,643 former and current patients. Utah Imaging Associates (UIA) discloses a security breach, on September 4, 2021 the company claims to have detected and blocked a cyber attack.

Health Insurer Sues Accellion in Wake of Hacking Incident

Data Breach Today

Centene Corp.

Ransomware Attack Hits Asian Unit of Insurer AXA

Data Breach Today

Avaddon Ransomware Gang Claims Responsibility Asia Assistance, a subsidiary of Paris-based multinational insurance company AXA, was hit by a ransomware attack that affected its IT operations in Thailand, Malaysia, Hong Kong and the Philippines, the company reports

Cyberattacks on Health Insurers Continue

Data Breach Today

The Latest Victim: DC Blue Cross Blue Shield Plan A recent cyberattack on a Washington-based health plan, which the company believes was carried out by a foreign cybercrime group, is the latest in a series of hacking incidents targeting health insurers

UK Insurer Recovering From Ransomware Attack

Data Breach Today

based insurance firm One Call says its systems were disrupted by a ransomware attack May 13 and it's still working to restore them. Local Newspaper Says DarkSide Gang Suspected to Be Involved The U.K.-based

List of Data Breaches and Cyber Attacks in July 2022 – 99.2 Million Records Breached

IT Governance

Welcome to our July 2022 review of data breaches and cyber attacks. Data breaches. They’ll review the breach, mitigate the damage and ensure that you are up and running again as soon as possible. Data breaches. Monthly Data Breaches and Cyber Attacks

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.”

List of Data Breaches and Cyber Attacks in June 2022 – 34.9 Million Records Breached

IT Governance

Welcome to our June 2022 review of data breaches and cyber attacks. Data breaches. They’ll review the breach, mitigate the damage and ensure that you are up and running again as soon as possible. Data breaches. Monthly Data Breaches and Cyber Attacks

SuperCare Health discloses a data breach that Impacted +300K people

Security Affairs

disclosed a data breach that impacted more than 300,000 individuals. SuperCare Health disclosed a security breach that has led to the exposure of personal information belonging to its patients, patients/members of its partner organizations and others.

List of Data Breaches and Cyber Attacks in August 2022 – 97 Million Records Breached

IT Governance

Meanwhile, the bastion of password security, LastPass, announced that its systems had been breached – although the organisation is confident that customers’ details remain secure. Data breaches. announces security breach (unknown) The Country Club at Woodfield, Inc.

Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 As the number and severity of data breaches continues to rise, organizations are recognizing that those costs are not theoretical.

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.

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.

List of data breaches and cyber attacks in May 2022 – 49.8 million records breached

IT Governance

Welcome to our May 2022 review of data breaches and cyber attacks. Data breaches. They’ll review the breach, mitigate the damage and ensure that you are up and running again as soon as possible. Data breaches. Monthly Data Breaches and Cyber Attacks

Connecticut Tightens its Data Breach Notification Laws

Data Protection Report

Effective October 1, 2021, an amendment [1] to the Connecticut General Statute concerning data privacy breaches, Section 36a-701b, will impact notification obligations in several significant ways. Cybersecurity Data breach

Broward Health suffered a data breach that impacted +1.3 million people

Security Affairs

The Broward Health public health system disclosed a massive data breach that has impacted more than 1.3 The Broward Health public health system has suffered a data breach that impacted 1,357,879 individuals. The post Broward Health suffered a data breach that impacted +1.3

Analysis: Anthem Data Breach Settlement

Data Breach Today

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

List of data breaches and cyber attacks in February 2022 – 5.1 million records breached

IT Governance

Our figures for this month are comparatively low – with 83 data breaches and cyber attacks accounting for 5,127,241 breached records – but there is a sense that we are on the brink of something. Data breaches. Data breaches.

List of data breaches and cyber attacks in April 2022 – 14.3 million records breached

IT Governance

Welcome to our latest monthly review of data breaches and cyber attacks. You can find the full list of data breaches below, with incidents affecting UK organisations listed in bold. Data breaches. Data breaches.

Vertafore data breach exposed data of 27.7 million Texas drivers

Security Affairs

million Texas drivers has been exposed in a data breach caused by a human error. The company disclosed this security breach this week, data was stored on an unsecured external storage service and they were accessed by an external party.

Insurance Fraud is Evolving: So Must Our Response

Data Breach Today

Dennis Toomey explains why the industry must turn not only to sophisticated tools and technologies, but also unite around a strategy based on collaboration - in order to tackle insurance fraud

ROUNDTABLE: Why T-Mobile’s latest huge data breach could fuel attacks directed at mobile devices

The Last Watchdog

At the start of this week, word got out that hackers claimed to have seized personal data for as many as 100 million T-Mobile patrons. Once more, a heavily protected enterprise network has been pillaged by data thieves. For T-Mobile, this is the sixth major breach since 2018.