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Michigan Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

On December 28, 2018, Michigan adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law in the form of Michigan H.B. The Act defines licensees as persons authorized, registered, or licensed under Michigan insurance laws or required to be so. 6491 (Act). MCL § 500.550.

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A Cyber Insurance Backstop

Schneier on Security

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.

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The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

Glosbe dictionary exposes almost 7 million records The multilingual online dictionary Glosbe left a MongoDB instance unsecured last year, exposing nearly 7 million users’ information, including personal data, encrypted passwords and social media identifiers. Only 3 definitely haven’t had data breached. New IC3 report: US lost $12.5

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CyberheistNews Vol 13 #17 [Head Start] Effective Methods How To Teach Social Engineering to an AI

KnowBe4

CyberheistNews Vol 13 #17 | April 25th, 2023 [Head Start] Effective Methods How To Teach Social Engineering to an AI Remember The Sims? Your email filters have an average 7-10% failure rate; you need a strong human firewall as your last line of defense. Well Stanford created a small virtual world with 25 ChatGPT-powered "people."

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The Week in Cyber Security and Data Privacy: 22 – 28 April 2024

IT Governance

Only 4 definitely haven’t had data breached. Publicly disclosed data breaches and cyber attacks: full list This week, we found 5,255,944,117 records known to be compromised, and 128 organisations suffering a newly disclosed incident. 117 of them are known to have had data exfiltrated, exposed or otherwise breached.