Remove 10
Remove 2021 Remove Education Remove Encryption Remove Financial Services Remove Security
article thumbnail

GUEST ESSAY: The drivers behind persistent ransomware — and defense tactics to deploy

The Last Watchdog

The FBI’s Internet Crime Complaint Center (IC3) received 3,729 ransomware complaints in 2021, representing $49.2 Healthcare and public health, financial services, and IT organizations are frequent targets, although businesses of all sizes can fall victim to these schemes. million in adjusted losses. Preventing ransomware.

article thumbnail

New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

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. 10, 2018), remains pending in an Illinois state court. complaint filed Oct.

article thumbnail

Nation-State-Sponsored Attacks: Not Your Grandfather’s Cyber Attacks

Data Matters

For example: On May 12, 2021, President Biden signed an Executive Order on Improving the Nation’s Cybersecurity. 26,633 (May 12, 2021). Agency (July 19, 2021, revised Aug. Memorandum on Improving the Cybersecurity of National Security, Department of Defense, and Intelligence Community Systems (Jan. 14,028, 86 Fed.