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.

Insurance 70

Insurance Cybersecurity Risk Education 70

IT Governance

JULY 15, 2019

Cyber insurance is big business these days. With the ever-present danger of data breaches and cyber attacks, organisations must be sure that they have the financial backing to respond appropriately. The most common reasons that insurers reject cyber insurance claims are organisations’ failure to. Protect data in transit.

Insurance 89

Insurance Data breaches Risk Information Security 89

Data Protection Report

FEBRUARY 27, 2020

Given the level of interest in the case, we have prepared a deeper-dive into the facts and the implications of the decision, with a focus on the important role played in the case by cyber insurance. Until recently, there had not been an example of a cyber insurer actively participating in a recovery action. The context.

Insurance 81

Insurance Risk Data breaches Personal data 81

Thales Cloud Protection & Licensing

JUNE 15, 2023

A Guide to Key Management as a Service madhav Thu, 06/15/2023 - 11:29 As companies adopt a cloud-first strategy and high-profile breaches hit the headlines, securing sensitive data has become a paramount business concern. The most effective way to ensure data security is through encryption and proper key management.

Encryption 133

Encryption Compliance Cloud Authentication 133

Security Affairs

APRIL 6, 2020

vpnMentor researchers discovered that the popular digital wallet application Key Ring exposed data belonging to millions of users in a huge data leak. Further investigation allowed the experts to discovered other unsecured S3 buckets belonging to the company that were also exposing sensitive data. ” continues the report.

Retail 104

Retail Encryption Insurance Passwords 104

Collibra

JUNE 23, 2023

The ever-growing digitalization of our world has raised significant concerns about data privacy and security, particularly for agencies that manage and process sensitive and confidential information. On the flip side, data brokers pose a significant challenge in this landscape as well. There’s no going back.

Privacy 97

Privacy Government Data Privacy Data breaches 97

Thales Cloud Protection & Licensing

MAY 9, 2022

However, even after the Colonial Pipeline attack, less than half of businesses (48%) have a formal ransomware plan according to the 2022 Thales Data Threat Report. In addition, the report found that one in five businesses have paid or would pay a ransom to get their data. Cyber insurance coverage ramps up.

Insurance 71

Insurance Ransomware Encryption Authentication 71

Krebs on Security

OCTOBER 28, 2020

“When it comes to cameras in a public environment, for example, half the point is that they should be visible, therefore a drawing with camera placements in itself is not very sensitive.” ” It remains unclear whether the stolen RDP credentials were a factor in this incident.

Ransomware 341

Ransomware Security Agriculture Cybersecurity 341

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 115

Ransomware Encryption Analytics Data breaches 115

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Cybersecurity should follow a layered approach, with additional protections for the most important assets, such as corporate and customer data. Mapping Environment Data.

Risk 141

Risk Cybersecurity Encryption Access 141

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

eSecurity Planet

OCTOBER 5, 2021

Malware has been around for nearly 40 years, longer even than the World Wide Web, but ransomware is a different kind of threat, capable of crippling a company and damaging or destroying its critical data. Zero trust is an important new tool to add to all that, essentially walling off your most important data. Data backup.

Ransomware 139

Ransomware Encryption Cybersecurity Insurance 139

Data Protection Report

JANUARY 5, 2021

The proposed rule would also affect companies that provide certain services to those banks, including data processing. The proposed regulation specifically includes as an example of a notification incident a “ransom malware attack that encrypts a core banking system or backup data.” Comments on the proposal.

Insurance 141

Insurance Paper Encryption Security 141

Armstrong Archives

AUGUST 25, 2023

The Health Insurance Portability and Accountability Act (HIPAA) ensures individuals’ health data protection and privacy. This includes insurance companies, nurses, and doctors. For example, imagine a hospital employee accidentally shares a patient’s medical records with someone who shouldn’t have seen them.

Computer and Electronics 52

Computer and Electronics Insurance Compliance Risk 52

The Last Watchdog

AUGUST 1, 2019

Company officials at Capital One Financial Corp ought to have a crystal clear idea of what to expect next — after admitting to have allowed a gargantuan data breach. Related: Hackers direct botnets to manipulate business logic Thompson is accused of pilfering sensitive data for 100 million US and 6 million Canadian bank patrons.

Data Privacy 199

Data Privacy Privacy Data breaches Cloud 199

Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

Insurance 90

Insurance Government Cybersecurity Risk 90

Thales Cloud Protection & Licensing

DECEMBER 6, 2018

For most enterprise IT security professionals, there are some common reasons that we need to protect a given data set. Minimizing the chance of a data breach of PII. Protecting sensitive financial data, intellectual property or secrets. Data Security Protection Layers, Risks, and Controls. Implementing best practices.

Security 54

Security Encryption Cloud Access 54

The Last Watchdog

OCTOBER 5, 2023

Adding to this will be very smart uses of generative AI – centered around wisely directing LLM capacities onto specific data lakes containing threat intelligence information. Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies? Leadership should prioritize cybersecurity at all levels.

Cybersecurity 204

Cybersecurity Privacy Cloud IoT 204

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

IBM Big Data Hub

JULY 7, 2023

Threats to your data are virtually everywhere these days, and too often, data compromises seem almost inevitable. But with a proactive approach to data security, organizations can fight back against the seemingly endless waves of threats. Data breaches can be disastrous for organizations.

Security 40

Security Data breaches Data Privacy Compliance 40

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.” Screenshot example.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Security Affairs

OCTOBER 22, 2022

The Daixin Team is a ransomware and data extortion group that has been active since at least June 2022. Daixin Team also exfiltrated data from victim systems using Rclone and Ngrok tools. Implement and enforce multi-layer network segmentation with the most critical communications and data resting on the most secure and reliable layer.

Ransomware 69

Ransomware IoT Phishing Encryption 69

IT Governance

JUNE 15, 2022

IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average. Phishing is the most cost-effective and low-tech way to compromise sensitive data. of the Standard addresses technical vulnerabilities and patching. Ransomware.

Risk 144

Risk Security Passwords Phishing 144

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. For example, you should provide them with said pens and paper, direct them to hard copies of information they might need and bring in colleagues who can’t work to help out. Let them keep the decryptor.

Ransomware 99

Ransomware Insurance Encryption Paper 99

Thales Cloud Protection & Licensing

JULY 9, 2018

But it also frequently relies on increasing amounts of personal and other sensitive data. As the volume of sensitive data grows, so, too, does the threat of theft. There are valuable tools to help fight digital security threats, but which tools to use and how to deploy them depend on the type of data and the use case, or application.

Digital transformation 75

Digital transformation Financial Services Encryption Insurance 75

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 140

Ransomware Cloud Encryption Marketing 140

Thales Cloud Protection & Licensing

FEBRUARY 15, 2018

Barely a day goes by where we don’t hear of a data breach. Affecting big companies and small in virtually every vertical and hitting government institutions at the local, state and federal level, sensitive data is routinely exfiltrated, stolen and leveraged with shocking regularity. For example, are they encrypting their data?

IoT 89

IoT Encryption Military Insurance 89

DLA Piper Privacy Matters

OCTOBER 20, 2017

On 18 October 2017, WP29 published proposed Guidelines on two key aspects of the GDPR – namely: Personal Data Breach Notification (Articles 33/34); and. Data Breach Notification. In particular: Non-availability of a system which contains personal data (e.g. Profiling and Automated Decision Making (Article 22).

Data breaches 40

Data breaches Personal data Encryption GDPR 40

DLA Piper Privacy Matters

FEBRUARY 28, 2022

An attack may come at any time of the day or night – so ensure that it is clear in the plan who has authority to make emergency out of hours decisions, for example as necessary to protect the wider global network. Check your cyber insurance policy. Ensure you have third party support available if you need it.

Passwords 98

Passwords Phishing Risk Access 98

IT Governance

APRIL 11, 2023

Welcome to our April 2023 review of phishing attacks, in which we explore the latest email scams and the tactics that cyber criminals use to trick people into handing over personal data. For instance, it could monitor users’ keystrokes or encrypt the user’s files in a ransomware attack.

Phishing 114

Phishing Passwords Ransomware Insurance 114

eSecurity Planet

OCTOBER 14, 2022

Here’s a look at some recent examples: Axie Infinity: Sky Mavis, which is based in Singapore, is the developer of this play-to-earn online game. Many users could control their own data. See the Top Data Loss Prevention (DLP) Solutions. Also read: The State of Blockchain Applications in Cybersecurity. Growing Web3 Hacks.

Cybersecurity 120

Cybersecurity Blockchain Insurance Security 120

Krebs on Security

AUGUST 6, 2020

A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S. info and findget[.]me,

Insurance 340

Insurance Communications Authentication Access 340

DLA Piper Privacy Matters

JULY 30, 2019

A data breach, that is. It’s your service provider’s breach, but it involves your (more likely, your customer’s) data. From the bad guy’s perspective, why hack one organization directly when you can hit a service provider with potentially weaker defenses and the sensitive data of many organizations?

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

ForAllSecure

MAY 19, 2023

For example, security testing can be integrated into the continuous integration and continuous deployment (CI/CD) pipeline by enabling automated testing of security features as part of the deployment process. For example, let's say a team is using a popular open-source library in their application.

Compliance 52

Compliance Libraries Risk Security 52

IT Governance

JUNE 1, 2023

Welcome to our new-look list of data breaches and cyber attacks. So, each month, we’ll update this page with the latest figures and links, so be sure to bookmark it to keep an eye out for the latest data breach news. In August 2020, it was embroiled in a data breach affecting more than 800,000 EyeMed and Lenscrafters patients.

Data breaches 122

Data breaches Insurance Personal data Ransomware 122

Adam Levin

NOVEMBER 17, 2020

Malware is malicious software designed to harm devices or glean data to commit identity-related crimes. VPNs encrypt data , making it much harder to intercept when transmitted through a shared or suspect internet connection. SSLs ensure all data is encrypted. Browse online using secure networks. Look for the lock.

Retail 97

Retail e-Delivery Passwords Phishing 97

Info Source

JANUARY 31, 2019

an industry leader in enterprise content capture and data discovery solutions, today announced the launch of its Ephesoft Cloud HyperExtender, the industry’s first hybrid solution that easily transitions the most resource-intensive processes into the cloud for peak performance, scalability and minimized upfront investment. IRVINE, Calif. –

Cloud 40

Cloud Artificial Intelligence Insurance Marketing 40