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

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

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 87

Insurance Government Cybersecurity Risk 87

Thales Cloud Protection & Licensing

MARCH 6, 2018

Some impact specific countries while others focus on individual industries, but each regulation being enforced is an indication that companies must be more accountable when it comes to how they manage data privacy and people’s data or they risk having to pay large fines. The only true way to protect data is to encrypt it.

Compliance 88

Compliance GDPR Encryption Data Privacy 88

HL Chronicle of Data Protection

FEBRUARY 25, 2020

It applies to any “Covered Entity,” which is defined broadly to include “any Person operating under or required to operate under a license, registration, charter, certificate, permit, accreditation or similar authorization under the Banking Law, the Insurance Law or the Financial Services Law.”

Cybersecurity 104

Cybersecurity Financial Services Data breaches Insurance 104

Data Matters

FEBRUARY 6, 2019

The stolen information allegedly included names and identifying information, hashed passwords, security questions and answers, family information, Social Security numbers, lab results, health insurance information, doctor’s names, and medical conditions, among other things.

Data breaches 83

Data breaches Computer and Electronics Security Insurance 83

IT Governance

JULY 11, 2019

However, experts generally urge organisations not to negotiate, because ransom payments help fuel the cyber crime industry. 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.

Ransomware 99

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

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

eSecurity Planet

SEPTEMBER 14, 2022

Cybercrime is a growth industry like no other. A major focus of cybersecurity as an industry is its efforts to detect, root out, and respond to potential fraudsters attempting to trick companies and people out of their money, data, or both. Finance and insurance finished a close second at 22.4%. billion in reported losses.

Energy and Utilities 115

Energy and Utilities Phishing Blockchain Cybersecurity 115

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 !!! Description.

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.

Ransomware 122

Ransomware Cloud Encryption Marketing 122

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

IT Governance

MARCH 1, 2023

announces security breach (10,000) CompSource Mutual Insurance Company reports security incident (unknown) Paul Smith’s College announces cyber attack (unknown) Cardiovascular Associates files notice of security breach (unknown) Rockler Companies says cyber attackers breached its systems (8,604) Emtec, Inc.

Data breaches 130

Data breaches Ransomware e-Delivery Government 130

eSecurity Planet

SEPTEMBER 10, 2021

From the rooftops, industry analysts shout, “Move your backups offline and away from production environments!” For ransomware attacks where network data gets encrypted , backups are the definitive method for restoring network infrastructure. ” But access to and confidence in backups alone aren’t enough.

Ransomware 102

Ransomware Encryption Cybersecurity Access 102

eSecurity Planet

JANUARY 12, 2021

Your security risk assessment will most likely be aimed at measuring the security strength or weakness of the organization as well as checking in on compliance requirements and industry frameworks. Encryption strength. Cybersecurity preparedness/ insurance. Open ports and other vulnerabilities. Endpoint protection. Data backups.

Risk 70

Risk Security Cybersecurity Compliance 70

Data Matters

AUGUST 27, 2018

For more background on the regulation, see our report, “NYDFS issues final cybersecurity regulations, setting new industry standard for cybersecurity controls.”. Looking ahead, Covered Entities will be required to meet one final compliance deadline for the NYDFS on March 1, 2019.

Cybersecurity 60

Cybersecurity Compliance Encryption Risk 60

Data Protection Report

JANUARY 7, 2019

Entities covered by the Regulation, which includes not only banks and insurers, but also other financial service institutions and licensees regulated by the DFS that utilize third-party service providers, will be required to implement third-party risk management programs by March 1. Upcoming certifications.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

ForAllSecure

MAY 19, 2023

These strategies could include implementing input validation to prevent SQL injection, using encryption to protect sensitive data, and implementing rate limiting to prevent brute-force attacks. Monitoring security involves tracking an application's performance, behavior, and security events to detect and respond to any security incidents.

Compliance 52

Compliance Libraries Risk Security 52

Data Protection Report

SEPTEMBER 11, 2017

The company discloses that cyber risk factors, including ransomware, result in increased industry-wide concern about cyber threats intended to disrupt business that “could have a negative financial effect on the Company’s operational performance and earnings, as well as the Company’s reputation.”.

Risk 40

Risk Ransomware Insurance Data breaches 40

DLA Piper Privacy Matters

AUGUST 23, 2021

It remains unclear whether this extends to, say, requests from overseas industry regulators. The PIPL includes a specific obligation on data controllers to adopt corresponding encryption or deidentification technologies, and to adopt access controls and training. This aligns with a similar provision in the new Data Security Law.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

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.

Privacy 40

Privacy Risk Cybersecurity Information Security 40

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 110

Security Encryption Analytics Cloud 110

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

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

IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. Data Protection : Through UEM, sensitive data can be encrypted and protected, ensuring compliance with data privacy regulations.

Risk 85

Risk Cybersecurity Data breaches Compliance 85

Information Governance Perspectives

JULY 23, 2020

It’s an honor to be with you all and kick off today’s event with a timely discussion about the collaborative technology that is really dominating the way we all have begun to work and collaborate. We are looking at an industry that is generating billions and growing at a clip. It’s less tailored to the legal industry.

Cybersecurity 52

Cybersecurity Passwords Risk IT 52

DLA Piper Privacy Matters

JULY 30, 2019

” Plaintiff’s lawyers will undoubtedly argue that various laws, regulatory guidance and industry standards include cybersecurity management of service providers as a fundamental component of “reasonable security procedures and practices.” Proof of adequate cyber insurance coverage.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

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 252

Ransomware Cybersecurity Phishing Security 252

ForAllSecure

MAY 30, 2023

” Over the next few weeks, chats from encrypted Telegram, and other communications were leaked. And so, a lot of times once the encryption occurs, that's really the final stage. They found what they believed to be sensitive data and then they perform the encryption. By no means. Of the of the incident.

Ransomware 40

Ransomware Encryption Authentication Communications 40

The Last Watchdog

OCTOBER 14, 2019

In another case, a device management tool was deployed in a hospital and used the WiFi network to insure data privacy, as it provisioned connected devices. But ExtraHop noticed that the tool also opening encrypted connections to vendor-owned cloud storage, a major HIPAA violation. Since then it has raised $61.6

Cloud 103

Cloud Analytics Cybersecurity Digital transformation 103

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). Under their Security Suite products, OpenText provides industry-renowned EnCase.

e-Discovery 134

e-Discovery Computer and Electronics Marketing Compliance 134

Troy Hunt

DECEMBER 30, 2018

Intro: This Industry Rocks! I want to start here because this post is very specifically targeted at people working in the same industry as I do. Of course, success at that level is exceptionally rare, but my point is that in this industry more than any other I can think of, we can create amazing things from very humble beginnings.

Education 111

Education Marketing IT Insurance 111

eDiscovery Daily

JUNE 6, 2018

But blockchain technology is finding more and more practical uses, most recently in the healthcare industry. health care, incorrect information can creep in when patient data gets re-entered multiple times by doctors’ offices, insurers and hospital staff.

Blockchain 31

Blockchain Insurance Education Encryption 31

ForAllSecure

JANUARY 19, 2022

I've been either lucky or fortunate to spend just over 20 years in the identity and access management space just through luck and chance and, and booked with industry in different software vendors and such and it's been really fascinating to see things change in the identity space. Or is it something totally different?

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. Indian Income Tax Department. We got one!

Marketing 109

Marketing Phishing Encryption IT 109

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. The industrial strategy comments that data should be “appropriately accessed by researchers”.

GDPR 120

GDPR Personal data Government IT 120