Hunton Privacy

JULY 1, 2022

(“Carnival”), the world’s largest cruise-ship operator, for violations of the Cybersecurity Regulation (23 NYCRR Part 500) in connection with four cybersecurity events between 2019 and 2021, including two ransomware events. . NYDFS also found that Carnival had failed to implement basic protocols to prevent data breaches.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Data Matters

JULY 30, 2018

In October 2017, the National Association of Insurance Commissioners (NAIC) adopted an Insurance Data Security Model Law. On May 3, 2018, South Carolina became the first state to enact this Model Law, in the form of the South Carolina Insurance Data Security Act (H.B.

Insurance 60

Insurance Security Cybersecurity Data breaches 60

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

Insurance 70

Insurance Cybersecurity Risk Education 70

Krebs on Security

DECEMBER 8, 2022

First spotted in mid-August 2022 , Venus is known for hacking into victims’ publicly-exposed Remote Desktop services to encrypt Windows devices. Using hard-to-crack unique passwords to protect sensitive data and accounts, as well as enabling multi-factor authentication. Encrypting sensitive data wherever possible.

Ransomware 266

Ransomware Metadata Insurance Encryption 266

DLA Piper Privacy Matters

MARCH 6, 2020

The PFI Guidelines will apply to regulated banks, financial institutions and insurance companies. transaction logs, transaction amount, insurance orders, insurance claims); user’s personal and financial information (e.g. For example: additional encryption technologies should be taken to secure C3 Information.

Insurance 52

Insurance Security Passwords Encryption 52

eSecurity Planet

MARCH 17, 2023

Whether you’re operating a global enterprise network or a small family business, your network’s security needs to be optimized with tools, teams, and processes to protect customer data and valuable business assets.

Security 119

Security Encryption Analytics Cloud 119

IT Governance

NOVEMBER 1, 2022

Welcome to our October 2022 review of data breaches and cyber attacks. By contrast, comparatively little personal data was breached, with our figures confirming that at least 9,990,855 records were compromised. For now, it’s unclear what damage the data could cause if exposed, so we’ve omitted the figure from our tally.

Data breaches 111

Data breaches Ransomware Insurance Phishing 111

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Yes, data is a critical asset. Too many businesses cannot continue their activities until they recover the data encrypted by ransomware. Many collaborative platforms can help you recover the data encrypted by ransomware. Paying ransom as requested by the crooks is a far cry from ensuring data recovery.

Ransomware 71

Ransomware Encryption Insurance Honeypots 71

Data Matters

FEBRUARY 6, 2019

On December 3, 2018, twelve attorneys general (“AGs”) jointly filed a data breach lawsuit against Medical Informatics Engineering and its subsidiary, NoMoreClipboard LLC (collectively “the Company”), an electronic health records company, in federal district court in Indiana. See Indiana v. Informatics Eng’g, Inc. , 3:18-cv-00969 (N.D.

Data breaches 83

Data breaches Computer and Electronics Security Insurance 83

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

IT Governance

MARCH 1, 2023

Welcome to our February 2023 list of data breaches and cyber attacks. It follows a mammoth start to the year, with more than 277 million breached records in January , and brings the running total for the year to over 300 million pieces of compromised personal data. You can find the full list of data breaches and cyber attacks below.

Data breaches 130

Data breaches Ransomware e-Delivery Government 130

eSecurity Planet

OCTOBER 18, 2021

In an interview with eSecurity Planet , Daryl Crockett, CEO of data management company ValidDatum, said the case has the potential to be a game-changer regarding corporate responsibility for the impact of ransomware. ” Cyber Insurance No Longer Reliable. Hospital’s Operations Hit by Ransomware.

Ransomware 104

Ransomware Insurance Digital transformation Cybersecurity 104

Thales Cloud Protection & Licensing

MAY 24, 2023

The Rise of the Sovereign Cloud sparsh Thu, 05/25/2023 - 04:04 One of the big ironies about data on the internet is that once the goal of achieving a centreless web of data communication (the internet itself) had been developed and built out, the next area of focus became how to draw borders around it.

Cloud 71

Cloud Encryption Artificial Intelligence Data Privacy 71

Security Affairs

JULY 5, 2021

. “These attacks have become more common, especially in recent weeks, and WSSC Water has prepared for this type of event,”. The company uses air-gapped networks and was able to restore encrypted files from backups. Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini.

Ransomware 119

Ransomware Insurance Encryption Access 119

The Security Ledger

OCTOBER 23, 2018

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat. Read the whole entry. »

Insurance 40

Insurance Risk Digital transformation Ransomware 40

Security Affairs

NOVEMBER 14, 2022

According to research conducted by IBM, the average cost to companies of a data breach in 2022 is US$ 4.35 If the identification time is longer, more data have been exfiltrated until the access has been identified. And this often happens when the hacker, the so-called threat actor, starts encrypting the computer systems.

Insurance 117

Insurance Risk Ransomware Encryption 117

Thales Cloud Protection & Licensing

MARCH 6, 2018

This year, the major regulation that will be implemented, is the European Union’s General Data Protection Regulation (GDPR) , which takes effect on May 25, 2018. GDPR enables consumers to view, limit and control how companies collect and process their personal data. And this isn’t just happening in New York.

Compliance 88

Compliance GDPR Encryption Data Privacy 88

IBM Big Data Hub

JANUARY 22, 2024

Over 17 percent of all cyberattacks involve ransomware —a type of malware that keeps a victim’s data or device locked unless the victim pays the hacker a ransom. Because many new types of ransomware target backups to make recovery harder, keep data backups offline. The first thing to keep in mind is you’re not alone.

Ransomware 113

Ransomware Encryption Analytics Data breaches 113

eSecurity Planet

SEPTEMBER 14, 2022

A major focus of cybersecurity as an industry is its efforts to detect, root out, and respond to potential fraudsters attempting to trick companies and people out of their money, data, or both. According to data from the Federal Reserve , the 55-69 age group currently controls 41.2% So why do scammers go after older individuals more?

Energy and Utilities 119

Energy and Utilities Phishing Blockchain Cybersecurity 119

eSecurity Planet

JUNE 16, 2022

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 In May, cybersecurity researchers revealed that ransomware attacks are increasing their aggressive approach by destroying data instead of encrypting it.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

IT Governance

SEPTEMBER 1, 2022

Data breaches. victim of a cyber attack (unknown) Berkshire Partners LLC announces data breach (unknown) United HealthCare Services, Inc. victim of a cyber attack (unknown) Berkshire Partners LLC announces data breach (unknown) United HealthCare Services, Inc. Cyber attacks. Ransomware. Financial information. In other news….

Data breaches 116

Data breaches Ransomware Energy and Utilities Phishing 116

Security Affairs

JANUARY 6, 2019

The Dark Overlord hacking group claims to have stolen a huge trove of documents from the British insurance company Hiscox, Hackers stole “hundreds of thousands of documents,” including tens of thousands files related to the 9/11 terrorist attacks. “What’s the takeaway? “ There’s five layers to go.

Insurance 111

Insurance Data breaches Sales Government 111

eSecurity Planet

JULY 8, 2022

Vendors have traditionally been focused on protecting data from power failures, system failures, and natural disasters and have tended to concentrate on some perimeter-level network defenses,” said Siamak Nazari, CEO and cofounder of Nebulon. In this era of the cloud, the big cloud providers take care of the underlying infrastructure.

Ransomware 142

Ransomware Cloud Encryption Marketing 142

AIIM

JULY 24, 2018

Data Privacy and Open Data: Secondary Uses under GDPR. Mitigate Data Privacy and Security Risks with Machine Learning. GDPR and Cross Border Data Flows between the EU and the US: Current State of the Law. GDPR Compliance Starts with Data Discovery. Three Critical Steps for GDPR Compliance.

GDPR 83

GDPR Compliance Privacy Data Privacy 83

Thales Cloud Protection & Licensing

APRIL 18, 2023

Live Sessions With this in mind, we have scheduled a host of events and tech talks around our participation at RSA Conference 2023. Meet us at Booth #N-5369 for demonstrations on data security, customer and workforce identity, and post quantum cryptography – just to name a few.

Security 71

Security Digital transformation Privacy Cybersecurity 71

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

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

eSecurity Planet

SEPTEMBER 10, 2021

Like any other digital machine, backup systems are vulnerable to data loss and compromise. As ransomware threats loom, we look at where backups fall short, and what to keep in mind to optimize network and data security. From the rooftops, industry analysts shout, “Move your backups offline and away from production environments!”

Ransomware 119

Ransomware Encryption Cybersecurity Access 119

Security Affairs

NOVEMBER 30, 2020

. “Sources told Action News, the cybercriminals gained control of the network on Saturday encrypting files, including police reports, payroll, purchasing, and other databases. “Sources said the county is in the process of paying the $500,000 ransom as it’s insured for such attacks.”

Computer and Electronics 103

Computer and Electronics Ransomware Insurance Encryption 103

The Last Watchdog

DECEMBER 3, 2018

Office of Personnel Management , I’ve had insurance coverage from Premera Blue Cross and I’ve stayed at the Marriott Marquis in San Francisco. The common demonitor: All of those organizations have now disclosed massive data breaches over a span of the past five years. Related: Uber hack shows DevOps risk.

Authentication 157

Authentication Military Access Insurance 157

IT Governance

JULY 11, 2019

Prepare for an attack by backing up your data. That way, when crooks encrypt your systems, there’s no need to worry. You can avoid this by teaching staff about ransomware and establishing a line of communication in the event of security incidents. If you don’t already have cyber insurance, it’s worth considering.

Ransomware 99

Ransomware Insurance Encryption Paper 99

eSecurity Planet

OCTOBER 21, 2021

The attackers used the entry they gained into the companies to fan out into businesses and government agencies, stealing data and forcing some to have to temporarily shut down their operations, causing tens of millions of dollars in damages. We tend to focus on assessing ‘our’ (own) risk and don’t always consider ‘our’ (collective) risk.”.

Security 121

Security Ransomware Risk Cybersecurity 121

eSecurity Planet

MAY 2, 2024

Most organizations express confidence in their current status and budgets, but also expect to experience at least one data breach in 2024. Compromised Credentials Compromised identities from phishing, info stealers, keyloggers, and bad password habits provide the entry point for most ransomware attacks and data breaches.

Cybersecurity 119

Cybersecurity Ransomware Passwords Cloud 119

DLA Piper Privacy Matters

FEBRUARY 28, 2022

The following considerations should help to harden your organisation’s posture and reduce the impact of a cyber event: Review and share your Incident Response Plan, Crisis Management Plan and Business Continuity and DR plans with key team members and make sure they address all current threats. Check your cyber insurance policy.

Passwords 98

Passwords Phishing Risk Access 98

KnowBe4

APRIL 25, 2023

They planned a party, coordinated the event, and attended the party within the sim. link] [Head Scratcher] More Companies With Cyber Insurance Are Hit by Ransomware Than Those Without? Cyber insurance should be seen as an absolute last resort and should not be seen as a sure thing (in terms of a claim payout).

Insurance 72

Insurance Security awareness Phishing Ransomware 72

eSecurity Planet

APRIL 26, 2024

Effective implementation improves data throughput, system reliability, and overall security for any organization. Network Elements Networks connect physical and virtual assets and control the data flow between them. Storage: Contains user and application data at rest; can be integrated with other elements (server, etc.)

Security 118

Security Cloud Cybersecurity Risk 118

eSecurity Planet

FEBRUARY 16, 2021

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” IMPORTANT INFORMATION !!!

Ransomware 97

Ransomware Encryption Insurance Cloud 97