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

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

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.

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Ransomware Cybersecurity Phishing Encryption 145

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 107

Computer and Electronics Ransomware Insurance Encryption 107

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. Cyber Essentials is a UK government scheme that outlines five key controls, including patch management, that can prevent up to 80% of cyber attacks. Ransomware.

Risk 144

Risk Security Passwords Phishing 144

IT Governance

MARCH 1, 2023

IT Governance is dedicated to helping organisations tackle the threat of cyber crime and other information security weaknesses. Million Records Breached appeared first on IT Governance UK Blog. Million Records Breached appeared first on IT Governance UK Blog.

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Data breaches Ransomware e-Delivery Government 130

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

IT Governance

JULY 11, 2019

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. Prepare for an attack by backing up your data.

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Ransomware Insurance Encryption Paper 99

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

IT Governance

SEPTEMBER 1, 2022

In a month that saw the former US president accused of misappropriating classified government documents, there were also a spate of malicious insiders compromising their employer’s systems. If you’re facing a cyber security disaster, IT Governance is here to help. announces security breach (unknown) The Country Club at Woodfield, Inc.

Data breaches 116

Data breaches Ransomware Energy and Utilities Phishing 116

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

eSecurity Planet

JULY 8, 2022

There are hardware elements such as having a redundant data center, where the enterprise can fail over during an event. In the event of ransomware, the enterprise needs to have access to an uncorrupted copy of its data, so it can refuse to submit to cyber criminals’ demands. Also see the Best Business Continuity Solutions.

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Ransomware Cloud Encryption Marketing 142

AIIM

JULY 24, 2018

For example, under GDPR data subjects and/or regulators may now pursue direct remedies against data processors in the event of infringement of obligations, whereas such remedies did not exist under the prior data privacy regulation.

GDPR 83

GDPR Compliance Privacy Data Privacy 83

eSecurity Planet

SEPTEMBER 14, 2022

Finance and insurance finished a close second at 22.4%. Finance and insurance companies were particularly vulnerable to the sort of phishing scams we’re talking about. In 2020 alone, 79 ransomware attacks were conducted against government entities in the U.S., of cyber attacks IBM handled. 70% of attacks were on banks.

Energy and Utilities 120

Energy and Utilities Phishing Blockchain Cybersecurity 120

eSecurity Planet

SEPTEMBER 10, 2021

For ransomware attacks where network data gets encrypted , backups are the definitive method for restoring network infrastructure. In the event of a ransomware attack, an organization could lose access to part or all of its network data and systems, blocking further work. Beyond Encryption: Exfiltration and Extortion.

Ransomware 120

Ransomware Encryption Cybersecurity Access 120

Hunton Privacy

MAY 16, 2017

The ransomware, known as “WannaCry,” leverages a Windows vulnerability and encrypts files on infected systems and demands payment for their release. A wide range of industries have been impacted by the attack, including businesses, hospitals, utilities and government entities around the world. Litigation.

Ransomware 61

Ransomware Insurance Access Information Security 61

Data Matters

AUGUST 27, 2018

By March 1, 2019, Covered Entities must have security policies in place that govern the security of third-party service providers and, by that deadline, must implement such written security policies. They also became obligated to report cybersecurity events to the NYDFS.

Cybersecurity 60

Cybersecurity Compliance Encryption Risk 60

Hunton Privacy

OCTOBER 9, 2013

The Conference covered the following topics: strengthening data protection law at the national, European and international level; requests to the German government for the next legislative period; strengthening of data protection in the social and health care sector; and. Resolution on End-to-End Encryption.

Computer and Electronics 40

Computer and Electronics Encryption Communications Insurance 40

IT Governance

MAY 3, 2019

There are two ways you can do this: by outsourcing the security efforts to another organisation or by purchasing cyber insurance to ensure you have the funds to respond appropriately in the event of a disaster. Cryptography : the encryption and key management of sensitive information. Share the risk with a third party.

Risk 72

Risk Information Security Communications Insurance 72

eSecurity Planet

MARCH 17, 2023

These platforms make it possible for security teams to analyze consolidated threat feeds from various external alerts and log events. TIPs contextualize these threats, offering security teams more information, usually at a faster rate than vendor threat feeds.

Security 120

Security Encryption Analytics Cloud 120

HL Chronicle of Data Protection

MARCH 14, 2019

The plan must enable FIs to promptly respond to and recover from security events affecting customer information. It must also address the goals of the plan, internal processes for responding to a security event, and documentation and reporting regarding security events and related incident response activities. Board reporting.

Privacy 40

Privacy Risk Cybersecurity Information Security 40

DLA Piper Privacy Matters

AUGUST 23, 2021

We have summarised the key compliance obligations under the PIPL below, with new obligations in bold for ease of reference: Relevant Laws/Regulations The PIPL becomes the primary, national-level law governing processing of personal information, but does not replace the existing data privacy framework.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

Data Matters

MAY 9, 2019

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. ceding insurer could be eligible for the same reduced collateral requirements that would apply to qualifying EU reinsurers under the revised CFR Model Laws.

Insurance 68

Insurance Blockchain Big data Risk 68

Thales Cloud Protection & Licensing

MAY 24, 2023

GDPR and the Health Insurance Portability and Accountability Act (HIPAA) are just two very public representations of data protection, and we are seeing increased policy discussions around access to data in social media applications like Tik Tok. They demand and expect action from governments, enterprises, cloud providers, and companies.

Cloud 71

Cloud Encryption Artificial Intelligence Data Privacy 71

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

DLA Piper Privacy Matters

JULY 30, 2019

Catalog all legal obligations and potential liabilities under statute, regulation, contract and common law in the event of a cyber incident involving legally protected information held or accessible by service providers. Proof of adequate cyber insurance coverage.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

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

Krebs on Security

DECEMBER 13, 2021

On May 13, the HSE’s antivirus security provider emailed the HSE’s security operations team, highlighting unhandled threat events dating back to May 7 on at least 16 systems. the EternalBlue exploit used by the WannaCry and NotPetya15 attacks); if cloud systems had also been encrypted such as the COVID-19 vaccination system.

Ransomware 259

Ransomware Cybersecurity Phishing Security 259

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. Collateral Damage. In addition, the median cost of these tsunamis was $90 million.

Security 123

Security Ransomware Risk Cybersecurity 123

eSecurity Planet

APRIL 26, 2024

Virtual private networks (VPNs): Secure remote user or branch office access to network resources through encrypted connections to firewalls or server applications. Apply encryption protocols and other security measures to connections between computers. Communication protocols (TCP, HTTPS, etc.):

Security 104

Security Cloud Cybersecurity Risk 104

Data Protector

OCTOBER 11, 2017

The new right to be forgotten will allow children to enjoy their childhood without having every personal event, achievement, failure, antic or prank that they posted online to be digitally recorded for ever more. Perhaps the Government could respond on that point. change it substantially.

GDPR 120

GDPR Personal data Government IT 120

eSecurity Planet

AUGUST 13, 2021

Since the inception of data forensics almost forty years ago, methods for investigating security events have given way to a market of vendors and tools offering digital forensics software (DFS). While Cellebrite offers a range of DFIR tools, the Cellebrite UFED is known as one of the best commercial tools for digital device forensics.

e-Discovery 139

e-Discovery Computer and Electronics Marketing Compliance 139

ForAllSecure

JANUARY 19, 2022

Moffatt: I think tokens are typically what I guess happens once somebody has authenticated so once the authentication event is taking place, and you've identified it, yeah, this is some Simon coming back. So the tokens are very important and they are really sort of an output of the sort of authentication event.

Passwords 52

Passwords Authentication Access Data breaches 52

Troy Hunt

SEPTEMBER 17, 2018

DV is easy and indeed automation is a cornerstone of Let's Encrypt which is a really important attribute of it. Plus, long-lived certs actually create other risks due to the fact that revocation is broken so iterating quickly (for example, Let's Encrypt certs last for 3 months) is a virtue. Mayo Clinic. Not a single one.

Marketing 110

Marketing Phishing Encryption IT 110

Troy Hunt

DECEMBER 30, 2018

We never really consciously decided that she shouldn't go back to work, but a series of events including her being fed up with corporate life and us deciding to move interstate meant that she never did (although she's continued consulting on an ad hoc basis). Money gave us that choice. Tax is also where professional help is really important.

Education 111

Education Marketing IT Insurance 111

eSecurity Planet

MAY 2, 2024

Ransomware & Data Theft Organizations worldwide continue to feel the pain of ransomware attacks, although many ransomware gangs may be shifting to extortion over data theft instead of encrypted data. Secure remote access : Enables encrypted connections between internal network resources and remote users using a variety of methods.

Cybersecurity 67

Cybersecurity Ransomware Passwords Cloud 67

eSecurity Planet

JANUARY 11, 2022

Open Raven analyzes data at rest, classifies inventory, and automates data governance as these become critical capabilities for the hybrid infrastructure’s security posture. Deduce offers actionable identity intelligence through event-level telemetry to act against abnormal user activity. Perimeter 81. Ubiq Security.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142