eSecurity Planet

AUGUST 27, 2021

In a developing market, third-party risk management (TPRM) software and tools could be the answer to helping organizations fill the gap. This article looks at the top third-party risk management vendors and tools and offers a look into TPRM solutions and what buyers should consider before purchasing. Aravo TPRM.

Risk 130

Risk Compliance Marketing Cybersecurity 130

Data Matters

JUNE 23, 2022

Kentucky and Maryland recently continued the trend of state insurance departments adopting some version of the National Association of Insurance Commissioners’ (“NAIC”) Insurance Data Security Model Law. Kentucky Governor Andy Beshear signed House Bill 474 into law, and Maryland Governor Larry Hogan signed SB 207.

Insurance 103

Insurance Security Cybersecurity Information Security 103

OpenText Information Management

MAY 10, 2024

They must also build a solid data foundation, including a governance framework, to take full advantage of the benefits of AI. The OpenText™ Advantage For decades, enterprises have turned to OpenText's information management solutions to organize, connect, govern, and protect all data sets. This helps prioritize risk reduction.

Security 52

Security Artificial Intelligence Privacy Compliance 52

IBM Big Data Hub

APRIL 24, 2024

The app heavily encrypts all user financial data. Deploying privacy protections: The app uses encryption to protect data from cybercriminals and other prying eyes. The Personal Information Protection and Electronic Documents Act (PIPEDA) Canada’s PIPEDA governs how private-sector businesses collect and use consumer data.

Data Privacy 88

Data Privacy Privacy GDPR Personal data 88

Thales Cloud Protection & Licensing

NOVEMBER 9, 2021

To be able to leverage the fantastic opportunities of cloud computing and still remain in control of their security, organizations have to understand the level of risk they are willing to take, and implement the right processes and tools. From shared responsibility to shared fate. This is called shared fate. Cloud security.

Cloud 123

Cloud Security Encryption Insurance 123

Thales Cloud Protection & Licensing

MAY 9, 2022

government is recommending to ensure the operations of Critical National Infrastructure are not affected by ransomware attacks. Governments step up to protect all businesses. Government Towards a Zero Trust Architecture dictate U.S. Cyber insurance coverage ramps up. Encrypt sensitive data at rest, in motion and in use.

Insurance 71

Insurance Ransomware Encryption Authentication 71

eSecurity Planet

MAY 26, 2023

Confidential computing is a technology and technique that encrypts and stores an organization’s most sensitive data in a secure portion of a computer’s processor — known as the Trusted Execution Environment (TEE) — while it’s processed and in use. Most other encryption approaches protect data at rest and data in transit only.

Encryption 89

Encryption Cloud IoT Blockchain 89

eSecurity Planet

AUGUST 9, 2022

See the Top Governance, Risk and Compliance (GRC) Tools. 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).

Data Privacy 145

Data Privacy Compliance Privacy Security 145

Security Affairs

OCTOBER 1, 2023

The threat actors also claim to have stolen over 27 TB of corporate data and encrypted the company’s VMWare ESXi virtual machines during the attack.” Immediately after detecting the intrusion, the company launched an investigation with the help of leading third-party cybersecurity experts and is also coordinating with its insurers.

Ransomware 131

Ransomware Insurance Cybersecurity Encryption 131

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

The Last Watchdog

OCTOBER 5, 2023

How can companies minimize risks? Regular training and simulations can help reduce risks associated with human errors. Regular training and simulations can help reduce risks associated with human errors. Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies?

Cybersecurity 203

Cybersecurity Privacy Cloud IoT 203

Thales Cloud Protection & Licensing

DECEMBER 22, 2020

New EU restrictions could force companies to change data transfer practices and adopt more advanced data encryption methods. As a result, data has become a critical asset for companies and governments alike, as well as the primary target for nefarious actors and nation states. Tue, 12/22/2020 - 10:08. Privacy Shield was unlawful.

Data Privacy 118

Data Privacy Privacy Security Encryption 118

IT Governance

MAY 3, 2019

An RTP (risk treatment plan) is an essential part of an organisation’s ISO 27001 implementation process, as it documents the way your organisation will respond to identified threats. What are your risk treatment options? What are your risk treatment options? Avoid the risk by ceasing any activity that creates it.

Risk 72

Risk Information Security Communications Insurance 72

eSecurity Planet

DECEMBER 7, 2023

Encryption uses mathematical algorithms to transform and encode data so that only authorized parties can access it. What Encryption Is and How It Relates to Cryptology The science of cryptography studies codes, how to create them, and how to solve them. How Does Encryption Process Data? How Does Encryption Process Data?

Encryption 110

Encryption IT Passwords IoT 110

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

Security Affairs

SEPTEMBER 23, 2023

The command-and-control beacons allowed Royal to prepare the City’s network resources for the May 03, 2023, ransomware encryption attack.” “During the surveillance period, Royal performed several actions to inject command and control software and established command-and-control beacons. ” continues the report.

Ransomware 110

Ransomware Encryption Systems administration Cybersecurity 110

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

Double extortion ransomware is a growing type of cyber-attack in which a victim’s sensitive data is first stolen, and then encrypted, giving the criminal the option of demanding two separate ransom payments. These methods provide significant security risks for businesses of all sizes. What is Double Extortion Ransomware?

Ransomware 71

Ransomware Encryption Security awareness Insurance 71

eSecurity Planet

OCTOBER 5, 2021

The focus is on recovering deleted and encrypted files as quickly as possible. Determines the initial vector of infection, where your current data backups are, and the sensitivity of encrypted files. Data is recovered remotely or returned on encrypted media. Touchstone’s key ransomware and security services. Proven Data.

Ransomware 139

Ransomware Encryption Cybersecurity Insurance 139

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

Thales Cloud Protection & Licensing

AUGUST 3, 2021

Patient records were always valued by attackers for launching sophisticated insurance fraud schemes, purchasing medical supplies or drugs, or committing other types of fraud including identity theft. Going beyond privacy regulation, governments are now making explicit cybersecurity recommendations. Centralize data security governance.

IoT 87

IoT Encryption Cloud Authentication 87

Security Affairs

MAY 13, 2021

According to open-source reporting, since August 2020, DarkSide actors have been targeting multiple large, high-revenue organizations, resulting in the encryption and theft of sensitive data. After assessing risks, if RDP is deemed operationally necessary, restrict the originating sources and require multi-factor authentication.

Ransomware 115

Ransomware Phishing Encryption Risk 115

Information Governance Perspectives

MARCH 20, 2020

I was recently interviewed for an article on Data Governance & Privacy for a number of periodicals including Info Risk Today on “Data Governance: How to Tackle 3 Key Issues: The Importance of Accountability, Data Inventory, and Automation. What are the two main challenges of data governance?

Government 40

Government Privacy Compliance Digital transformation 40

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Audit management.

Compliance 67

Compliance Risk Government Retail 67

Hunton Privacy

MARCH 24, 2020

The term does not include publicly available information that is lawfully made available to the general public from federal, state, or local government records. Violations of the SHIELD Act are considered deceptive acts or practices and may be enforced by the New York Attorney General.

Encryption 73

Encryption Passwords Compliance Risk 73

Thales Cloud Protection & Licensing

AUGUST 3, 2021

Patient records were always valued by attackers for launching sophisticated insurance fraud schemes, purchasing medical supplies or drugs, or committing other types of fraud including identity theft. Going beyond privacy regulation, governments are now making explicit cybersecurity recommendations. Centralize data security governance.

IoT 71

IoT Encryption Cloud Compliance 71

eSecurity Planet

SEPTEMBER 10, 2021

For ransomware attacks where network data gets encrypted , backups are the definitive method for restoring network infrastructure. Successful ransomware attacks additionally constitute a data breach that can push organizations into violating their governance, risk, and compliance (GRC) obligations. million within the last year.

Ransomware 116

Ransomware Encryption Cybersecurity Access 116

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.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

DLA Piper Privacy Matters

FEBRUARY 28, 2022

Carolyn Bigg In response to the heightened geo-political tensions resulting from Russia’s invasion of Ukraine and the package of economic sanctions imposed by the West, the risk of cyber-attacks by Russia and her proxies is high. Check your cyber insurance policy. Ross McKean ? Check notification requirements.

Passwords 98

Passwords Phishing Risk Access 98

Security Affairs

APRIL 8, 2020

The attack took place on March 14th, 2020, when the Maze Ransomware operators exfiltrated data from the HMR’s network and then encrypt their systems. The Hammersmith Medicines Research is notifying impacted individuals via email the incident, the hackers stole data then employed ransomware to encrypt its systems.

Ransomware 104

Ransomware Data breaches Encryption Financial Services 104

Hunton Privacy

APRIL 3, 2018

Covered entity” is defined as “a person, sole proprietorship, partnership, government entity, corporation, nonprofit, trust, estate, cooperative association or other business entity that acquires or uses sensitive personally identifying information.”

Data breaches 72

Data breaches Encryption Insurance Risk 72

Data Matters

OCTOBER 8, 2020

Treasury Department’s Office of Foreign Assets Control (OFAC) published an advisory that highlights the risk of potential U.S. government has repeatedly sanctioned cybercriminals for their actions. sanctions law violations if U.S. individuals and businesses comply with ransomware payment demands. Since 2015, the U.S. sanctions).

Ransomware 68

Ransomware Compliance Risk Government 68

Armstrong Archives

MARCH 25, 2020

The Health Insurance Portability and Accountability Act (HIPAA) created standards for the storage and disposal of protected health information (PHI). These include, but are not limited to: Annual risk assessments. Encryption of ePHI. Instead, state laws govern when PHI may be destroyed. Employee training.

Archiving 52

Archiving Insurance Privacy Access 52

Hunton Privacy

FEBRUARY 6, 2015

On February 3, 2015, the Securities and Exchange Commission (“SEC”) released a Risk Alert , entitled Cybersecurity Examination Sweep Summary, summarizing observations from the recent round of cybersecurity examinations of registered broker-dealers and investment advisers under the Cybersecurity Examination Initiative.

Cybersecurity 40

Cybersecurity Insurance Financial Services Risk 40

ARMA International

AUGUST 7, 2023

But it’s important to ensure that AI tools are utilized responsibly and ethically and that good governance is employed. And this means establishing clear user policies and being mindful of the risks and benefits associated with these AI tools. AI can be a valuable tool.

Artificial Intelligence 52

Artificial Intelligence Cloud Data Privacy Privacy 52

Thales Cloud Protection & Licensing

JANUARY 24, 2024

Protecting Against the Risks and Managing the Complexities of a Quantum World with Thales and IBM Consulting madhav Thu, 01/25/2024 - 11:03 Contributors: Ollie Omotosho - Director, Strategir Partnerships, Thales Antti Ropponen, Head of Data & Application Security Services, IBM Consulting In the world of business, data security is paramount.

Risk 87

Risk Encryption Blockchain Authentication 87

IT Governance

JUNE 27, 2019

The ransomware was accompanied by a note: “Your files are encrypted with the strongest military algorithms. Cyber security experts and governments urge victims to never pay the ransom. Another way to lessen the burden of recovering from a ransomware attack is to purchase cyber insurance.

Ransomware 87

Ransomware Phishing Insurance Systems administration 87

Thales Cloud Protection & Licensing

FEBRUARY 15, 2018

Affecting big companies and small in virtually every vertical and hitting government institutions at the local, state and federal level, sensitive data is routinely exfiltrated, stolen and leveraged with shocking regularity. Workouts, driving habits and even your thermostat setting is at risk of being exposed in a breach.

IoT 89

IoT Encryption Military Insurance 89