Data Protection Report

FEBRUARY 27, 2020

Given the level of interest in the case, we have prepared a deeper-dive into the facts and the implications of the decision, with a focus on the important role played in the case by cyber insurance. Until recently, there had not been an example of a cyber insurer actively participating in a recovery action. The context.

Insurance 81

Insurance Risk Data breaches Personal data 81

Krebs on Security

JULY 19, 2021

Experts say the biggest reason ransomware targets and/or their insurance providers still pay when they already have reliable backups is that nobody at the victim organization bothered to test in advance how long this data restoration process might take. “That is still somewhat rare,” Wosar said.

Ransomware 345

Ransomware Encryption Insurance Cybersecurity 345

eSecurity Planet

AUGUST 9, 2022

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). Healthcare Data Privacy Laws. Health data and patient data in the U.S.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

Thales Cloud Protection & Licensing

JUNE 15, 2023

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.

Encryption 133

Encryption Compliance Cloud Authentication 133

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. Encrypt sensitive data at rest, in motion and in use.

Insurance 71

Insurance Ransomware Encryption Authentication 71

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

Krebs on Security

OCTOBER 28, 2020

“When it comes to cameras in a public environment, for example, half the point is that they should be visible, therefore a drawing with camera placements in itself is not very sensitive.” ” It remains unclear whether the stolen RDP credentials were a factor in this incident.

Ransomware 342

Ransomware Security Agriculture Cybersecurity 342

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 91

Insurance Government Cybersecurity Risk 91

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. Advanced Encryption. Though data encryption is helpful against outside breaches, it does little to protect against internal data theft. Enhancing Risk Management.

Risk 144

Risk Cybersecurity Encryption Access 144

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

Data Protection Report

JANUARY 5, 2021

The proposed regulation specifically includes as an example of a notification incident a “ransom malware attack that encrypts a core banking system or backup data.” The agencies invite comments on specific examples of computer-security incidents that should, or should not, constitute notification incidents.

Insurance 141

Insurance Paper Encryption Security 141

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. The focus is on recovering deleted and encrypted files as quickly as possible. Proven Data.

Ransomware 139

Ransomware Encryption Cybersecurity Insurance 139

IBM Big Data Hub

JANUARY 22, 2024

The photo will expedite the recovery process and help when filing a police report or a possible claim with your insurance company. Hackers know this might be your first instinct, and some types of ransomware notice restart attempts and cause additional harm, like damaging Windows or deleting encrypted files.

Ransomware 118

Ransomware Encryption Analytics Data breaches 118

The Last Watchdog

OCTOBER 5, 2023

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. Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies?

Cybersecurity 204

Cybersecurity Privacy Cloud IoT 204

Security Affairs

APRIL 6, 2020

The images include scans of government-issued IDs, retail club membership and loyalty cards, NRA membership cards, gift cards, credit cards with all details exposed (including CVV), medical insurance cards, medical marijuana ID cards, and more. ” continues the report.

Retail 110

Retail Encryption Insurance Passwords 110

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.” Screenshot example.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

IT Governance

JULY 11, 2019

That way, when crooks encrypt your systems, there’s no need to worry. For example, you should provide them with said pens and paper, direct them to hard copies of information they might need and bring in colleagues who can’t work to help out. If you don’t already have cyber insurance, it’s worth considering.

Ransomware 99

Ransomware Insurance Encryption Paper 99

IT Governance

JUNE 15, 2022

Attackers can guess these details if they know the victim personally or if they’re able to find the information online (for example, by searching for them on a social media site). It’s a type of malware that encrypts files, preventing the victim from accessing their systems. Ransomware. Some forms are relatively benign.

Risk 144

Risk Security Passwords Phishing 144

Security Affairs

OCTOBER 22, 2022

Turn off SSH and other network device management interfaces such as Telnet, Winbox, and HTTP for wide area networks (WANs) and secure with strong passwords and encryption when enabled. Secure PII/PHI at collection points and encrypt the data at rest and in transit by using technologies such as Transport Layer Security (TPS).

Ransomware 76

Ransomware IoT Phishing Encryption 76

Data Protection Report

APRIL 30, 2024

For example, the government alleged that the company placed personal information “in a shared electronic folder, which unauthorized persons whom Cerebral has been unable to identify accessed multiple times” In addition, “former employees and contractors accessed 266 patient files using access credentials Cerebral failed to revoke.”

Personal data 85

Personal data Privacy Information governance Compliance 85

Thales Cloud Protection & Licensing

JULY 9, 2018

For example, using a customer’s data to purchase goods from a merchant is different from using a customer’s data to identify a customer in a loyalty program or to provide health care services. For example, a national identity number of nine digits (123-45-6789) when tokenized (e.g. Example Use Cases. Encryption and Tokenization.

Digital transformation 75

Digital transformation Financial Services Encryption Insurance 75

Collibra

JUNE 23, 2023

They are the California Consumer Privacy Act (CPRA), the Health Insurance Portability and Accountability Act (HIPAA), the FBI’s Criminal Justice Information Services (or CJIS), and many more. A compelling example of the need for proactive data governance is the aftermath of COVID-19. They must choose both.

Privacy 87

Privacy Government Data Privacy Data breaches 87

Thales Cloud Protection & Licensing

FEBRUARY 15, 2018

One such example is the recent disclosure that military personnel wearing Strava devices are revealing highly sensitive information about their locations and activities. For example, are they encrypting their data? For more information about keeping data secure, please visit our data encryption landing page.

IoT 89

IoT Encryption Military Insurance 89

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.

Passwords 98

Passwords Phishing Risk Access 98

eSecurity Planet

OCTOBER 14, 2022

Here’s a look at some recent examples: Axie Infinity: Sky Mavis, which is based in Singapore, is the developer of this play-to-earn online game. Also read: The State of Blockchain Applications in Cybersecurity. Growing Web3 Hacks. The BNB Chain hack is nothing new. Massive hacks are becoming a more common part of the Web3 ecosystem.

Cybersecurity 120

Cybersecurity Blockchain Insurance Security 120

IT Governance

APRIL 11, 2023

For instance, it could monitor users’ keystrokes or encrypt the user’s files in a ransomware attack. The increase in nation-state attacks and major incidents overall continues to apply pressure to drive visibility of an organization’s security program by boards, corporate executives and cyber insurers,” Dudley said.

Phishing 114

Phishing Passwords Ransomware Insurance 114

Thales Cloud Protection & Licensing

DECEMBER 6, 2018

The controls used are typically full disk encryption (FDE), KMIP key management of encryption for arrays or SAN systems or encryption of a tape or a VM image. For laptops and transportable physical media (like tapes), this level of encryption is a great control.

Security 54

Security Encryption Cloud Access 54

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.

Risk 72

Risk Information Security Communications Insurance 72

ForAllSecure

MAY 19, 2023

For example, security testing can be integrated into the continuous integration and continuous deployment (CI/CD) pipeline by enabling automated testing of security features as part of the deployment process. For example, let's say a team is using a popular open-source library in their application.

Compliance 52

Compliance Libraries Risk Security 52

eSecurity Planet

JULY 8, 2022

For example, snapshots have been used to improve recovery point objectives (RPOs) and recovery time objectives (RTOs). The global cost of ransomware has risen from $325 million to $20 billion from 2016 to 2021, and on average, only 65% of encrypted data was restored after a ransom was paid. Top DR Solutions Including Security Features.

Ransomware 142

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

Info Source

JANUARY 31, 2019

Examples include retailers’ invoices and credit card applications during Cyber Monday and other shopping holidays; tax firms’ form processing during tax season; mortgage lender applications or loans during prime real estate seasons; and insurance company claims after a natural disaster.

Cloud 40

Cloud Artificial Intelligence Insurance Marketing 40

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.

Retail 97

Retail e-Delivery Passwords Phishing 97

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.

Data Privacy 199

Data Privacy Privacy Data breaches Cloud 199

DLA Piper Privacy Matters

OCTOBER 20, 2017

Guidance on where notification may not be required is provided, for example where: (i) the compromised data is already in the public domain; (ii) if the data is securely encrypted; or (iii) availability is not compromised because the controller has access to other sources of the data.

Data breaches 40

Data breaches Personal data Encryption GDPR 40

Data Protection Report

SEPTEMBER 11, 2017

In one example of a post-attack disclosure, FedEx’s most recent 10-K (May 2017) discusses the impact of the WannaCry and Petya attacks on FedEx systems and subsidiaries. Norton Rose Fulbright has been shortlisted for ‘Cyber law firm of the year’ at the Insurance Insider Cyber Ranking Awards 2017. Ransomware incident disclosures.

Risk 40

Risk Ransomware Insurance Data breaches 40

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”.

Access 83

Access Security Authentication Passwords 83