IT Governance

MAY 3, 2019

For example, you might address the risk of a work-issued laptop being stolen by creating a policy that instructs employees to keep devices with them and to store them safely. For example, if you’re not willing to take any chances of a laptop being stolen, you might choose to ban employees from using them outside the premises.

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Risk Information Security Communications Insurance 72

Thales Cloud Protection & Licensing

MAY 9, 2022

While implementation of security technologies such as multi-factor authentication and encryption have slightly increased, we have not yet reached the level where the majority of applications, data and operational technology are fully protected. Cyber insurance coverage ramps up. How to ensure business resilience. everywhere.

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Insurance Ransomware Encryption Authentication 71

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. This article looks at cybersecurity risk management, how to establish a risk management system, and best practices for building resilience. Advanced Encryption.

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Risk Cybersecurity Encryption Access 140

eSecurity Planet

OCTOBER 5, 2021

The second piece – which your EDR vendor, for example, may already offer – is a ransomware removal tool that may be able to decrypt your data and remove the ransomware quickly, and possibly even block an attack before it gets anywhere. Get recommendations on how to protect against new threats. Ransomware removal tools. Proven Data.

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Armstrong Archives

AUGUST 25, 2023

The Health Insurance Portability and Accountability Act (HIPAA) ensures individuals’ health data protection and privacy. This includes insurance companies, nurses, and doctors. For example, imagine a hospital employee accidentally shares a patient’s medical records with someone who shouldn’t have seen them.

Computer and Electronics 52

Computer and Electronics Insurance Compliance Risk 52

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.

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Insurance Government Cybersecurity Risk 90

The Last Watchdog

OCTOBER 5, 2023

Erin: How has the ransomware threat evolved in recent years? Byron: It’s gone from simple file encryption to multifaceted, multi-staged attacks that leverage Dark Web services, such as initial access brokers (IABs,) as well as make use of Living off the Land (LotL) embedded tools. Byron: It’s an important risk management tool.

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eSecurity Planet

FEBRUARY 16, 2021

Here, then, is a comprehensive look at ransomware, what it is, how to prevent it, and what to do if you become one of its unfortunate victims. How ransomware works. All of your files are encrypted with RSA-2048 and AES-128 ciphers.” Attackers will inform the victim that their data is encrypted. Screenshot example.

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Thales Cloud Protection & Licensing

JULY 9, 2018

There are valuable tools to help fight digital security threats, but which tools to use and how to deploy them depend on the type of data and the use case, or application. For example, a national identity number of nine digits (123-45-6789) when tokenized (e.g. Example Use Cases. Let’s take healthcare as an example.

Digital transformation 75

Digital transformation Financial Services Encryption Insurance 75

DLA Piper Privacy Matters

FEBRUARY 28, 2022

An attack may come at any time of the day or night – so ensure that it is clear in the plan who has authority to make emergency out of hours decisions, for example as necessary to protect the wider global network. Check your cyber insurance policy. Ensure you have third party support available if you need it.

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Passwords Phishing Risk Access 98

eSecurity Planet

OCTOBER 5, 2021

To help, we break down the process into the following steps: How to Prepare for Ransomware. How to Prepare for Ransomware. We should encrypt data at rest. Budgets and IT capabilities may limit how much security we can afford to deploy, but not all security costs a fortune. So easy to say, so difficult to do correctly.

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The Last Watchdog

AUGUST 1, 2019

That includes social security and social insurance numbers, bank account numbers, phone numbers, birth dates, email addresses and self-reported income; in short, just about everything on an identity thief’s wish list. In addition, sensitive data was not encrypted at rest, and no one was auditing access logs. This was the Perfect Storm.

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Data Privacy Privacy Data breaches Cloud 198

Adam Levin

NOVEMBER 17, 2020

VPNs encrypt data , making it much harder to intercept when transmitted through a shared or suspect internet connection. SSLs ensure all data is encrypted. A green or gray padlock icon in your browser’s address bar also indicates that information, like credit card numbers, is encrypted when transmitted. Look for the lock.

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Retail e-Delivery Passwords Phishing 97

IT Governance

NOVEMBER 20, 2018

Without appropriate access control there is no data security, as the following examples highlight: Deloitte : one of the big four accountancy firms suffered a serious hack when its global email server was compromised through an “administrator’s account” that provided privileged, unrestricted “access to all areas”. How to protect yourself.

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Access Security Authentication Passwords 83

The Security Ledger

NOVEMBER 6, 2018

» Related Stories Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats Spotlight Podcast: At 15 Cybersecurity Awareness Month Grows with Cyber Risk Spotlight Podcast: 15 Years Later Is Cybersecurity Awareness Month Working? Read the whole entry. » Vulnerability Research is Not a Crime!

IoT 40

IoT Computer and Electronics Security Insurance 40

IBM Big Data Hub

JULY 7, 2023

Closely related to data security and an integral part of taking a proactive stance toward it is data privacy , or how data is stored, accessed and secured against improper access, theft or other loss. In addition to setting up corporate security policies, ensure your employees understand what they are and how to follow them.

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Security Data breaches Data Privacy Compliance 40

Security Affairs

NOVEMBER 14, 2022

As the risk of a cyberattack grows, it is pivotal to consider whether the directors of a company hit by a ransomware attack, for example, can bear any liability for negligence in failing to take steps to limit the risk. And this often happens when the hacker, the so-called threat actor, starts encrypting the computer systems.

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Insurance Risk Ransomware Encryption 118

eSecurity Planet

APRIL 6, 2023

Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. Knowing what ransomware is and how it works is essential for protecting against and responding to such attacks. How Does Ransomware Work?

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Ransomware Encryption Cybersecurity Risk 98

eSecurity Planet

JANUARY 21, 2021

How to choose a GRC platform. The Riskonnect GRC platform has specific use cases for risk management, information security, compliance, and audit professionals in healthcare, retail, insurance, financial services, and manufacturing. Insurance & claims management. Recommended: How To Improve Governance, Risk, and Compliance.

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Compliance Risk Government Retail 67

IT Governance

JUNE 1, 2023

MCNA Insurance MCNA Insurance, also known as MCNA Dental, was caught up in a cyber hacking incident last week, in which 112 covered entities were affected. MCNA Insurance later confirmed that 8,923,662 people were affected in the incident and said the breach was a result of a ransomware attack.

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Data breaches Insurance Personal data Ransomware 122

Thales Cloud Protection & Licensing

JANUARY 24, 2024

Thales and IBM Consulting are working together to lead and guide the industry in how to successfully address these threats and challenges. As quantum computing continues to advance, the threat it poses to traditional encryption methods is clear. Organizations with long-term data needs for more than 5-10 years are even more vulnerable.

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Risk Encryption Blockchain Authentication 87

eSecurity Planet

JANUARY 21, 2021

How to choose a GRC platform. The Riskonnect GRC platform has specific use cases for risk management, information security, compliance, and audit professionals in healthcare, retail, insurance, financial services, and manufacturing. Insurance & claims management. Recommended: How To Improve Governance, Risk, and Compliance.

Compliance 57

Compliance Risk Government Retail 57

DLA Piper Privacy Matters

JULY 30, 2019

Last year, for example, a physician group settled a HIPAA enforcement action based on a website service provider’s exposure of patient billing data. How to best protect against service provider incidents? Proof of adequate cyber insurance coverage. Do “reasonable” cybersecurity controls extend to third parties?

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Data breaches Cybersecurity Financial Services Risk 45

DLA Piper Privacy Matters

FEBRUARY 7, 2019

Given the potential financial exposure under GDPR, it is no surprise that a great deal of time is being spent working out how to allocate the risk and liability when negotiating commercial contracts. Before we look at limiting liability, we need to first consider how liability can arise in the first place in the context of GDPR.

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GDPR Risk Data breaches Personal data 49

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

The Rise of the Sovereign Cloud sparsh Thu, 05/25/2023 - 04:04 One of the big ironies about data on the internet is that once the goal of achieving a centreless web of data communication (the internet itself) had been developed and built out, the next area of focus became how to draw borders around it.

Cloud 71

Cloud Encryption Artificial Intelligence Data Privacy 71

DLA Piper Privacy Matters

APRIL 2, 2020

Where appropriate, employers may consider providing specific examples to illustrate how to spot malicious messages or engaging a security firm to send test phishing messages. Where feasible, consider using encryption and secure file transfer platforms for the transmission of sensitive data. Secure systems enabling remote access.

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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.

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Ransomware Encryption Authentication Communications 40

Information Governance Perspectives

JULY 23, 2020

We know for example that Ransomware pirates are now even targeting law firms just as much as other sectors such as healthcare. My wife, who happens to be an insurance defense attorney, well, we were closely following some of the court challenges, specifically in Wisconsin as they relate to public health measures in response to COVID.

Cybersecurity 52

Cybersecurity Passwords Risk IT 52

eSecurity Planet

SEPTEMBER 19, 2022

With these tools, all passwords for an account are stored in a unique, encrypted vault only accessible using a key that the individual user possesses. This solution offers true two-factor authentication and impressive encryption capabilities. Best Password Manager Tools. Password auto-filling. Multi-factor authentication.

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Passwords Encryption Authentication Cloud 115

Privacy and Cybersecurity Law

NOVEMBER 8, 2018

The CCPA allows any “business or third party” to seek the opinion of the California AG for “guidance on how to comply” with the CCPA. Unless changed, this will require a change in how businesses who are not otherwise covered under the GDPR handle cookie disclosures. Enforcement. AG Opinions / Guidance. AG Implementing Regulations.

Privacy 58

Privacy Sales Compliance Cybersecurity 58

Privacy and Cybersecurity Law

NOVEMBER 9, 2018

The CCPA allows any “business or third party” to seek the opinion of the California AG for “guidance on how to comply” with the CCPA. Unless changed, this will require a change in how businesses who are not otherwise covered under the GDPR handle cookie disclosures. Enforcement. AG Opinions / Guidance. AG Implementing Regulations.

Privacy 58

Privacy Sales Education Compliance 58

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.):

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Security Cloud Cybersecurity Risk 109

ForAllSecure

NOVEMBER 9, 2022

For example, a simple system that has only an on off switch. A sophisticated set of encryption and electronics is at work inside the vehicle. And in a moment, we'll see how complex technology with more features doesn't necessarily raise the barrier for entry for cyber criminals. There is no easy way around it.

Computer and Electronics 40

Computer and Electronics Manufacturing Encryption Communications 40

IT Governance

FEBRUARY 20, 2020

Ransomware is a specific type of malware that encrypts computer files, essentially locking the owner out of their systems. Unlike an attack on retailers, for example, victims have no alternative when systems are down. What is ransomware? Over that six-month period, local government experienced 263 million attacks.

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Ransomware Phishing Retail Insurance 95

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. LW: Banks are a good example of this.

Cloud 133

Cloud Analytics Cybersecurity Digital transformation 133

eSecurity Planet

FEBRUARY 11, 2021

With these tools, all passwords for an account are stored in a unique, encrypted vault only accessible using a key that the individual user possesses. This solution offers true two-factor authentication and impressive encryption capabilities. Top Password Manager Software. Password auto-filling. Multi-factor authentication.

Passwords 52

Passwords Encryption Authentication Cloud 52