Remove Document Remove Encryption Remove Insurance Remove Training
article thumbnail

How to make sure your cyber insurance policy pays out

IT Governance

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures. Document an incident response plan.

article thumbnail

HHS Announces First HIPAA Settlement Agreement Involving Ransomware Attack

Hunton Privacy

DMS did not detect the attack until after the ransomware was used to encrypt its files in December 2018. DMS is a HIPAA business associate (“BA”) that provides payer credentialing and medical billing services to HIPAA Covered Entities (“CEs”).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is Cybersecurity Risk Management?

eSecurity Planet

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Documenting and Implementing Procedures. Citrix recommends that organizations have fully documented and implemented procedures for all activities that may create cybersecurity risks.

Risk 144
article thumbnail

Security Compliance & Data Privacy Regulations

eSecurity Planet

are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA). See the Best Cybersecurity Awareness Training for Employees.

article thumbnail

A Guide to Key Management as a Service

Thales Cloud Protection & Licensing

The most effective way to ensure data security is through encryption and proper key management. Key Management as a Service (KMaaS) allows companies to manage encryption keys more effectively through a cloud-based solution instead of running the service on physical, on-premises hardware.

article thumbnail

Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

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.

article thumbnail

Staying Ahead of the Curve: 6 Top Legal Tech Trends to Watch in 2023

ARMA International

While we are still a far cry from AI lawyers replacing human lawyers, AI could revolutionize the legal industry by automating mundane tasks such as legal research, document review, and contract analysis. This includes measures such as encryption, two-factor authentication, and regular security audits.