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Cyber-insurance – 72 hours for the insured party to file a criminal complaint: GDPR’s false friend

Data Protection Report

2] In this context, the Directorate General of the French Treasury has put forward a plan of action with a view to clarifying the cyber-insurance legal framework, better gauging cyber-risks, and enhancing companies’ awareness as regards cyber-risks. 12-10-1 into the French Insurance code. However, in the end, Article L.12-10-1

Insurance 104
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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

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The Pain of Double Extortion Ransomware

Thales Cloud Protection & Licensing

According to a recent market study 1 , 71% of individuals surveyed said double and triple extortion tactics have grown in popularity over the last 12 months, and 65% agree that these new threats make it tougher to refuse ransom demands. Simplistically, suppose the sensitive data is already encrypted.

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Data privacy examples

IBM Big Data Hub

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 agency does not collect any PII from the households it surveys. When the survey is complete and infection rates determined, the agency deletes the data.

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SHARED INTEL: Automating PKI certificate management alleviates outages caused by boom

The Last Watchdog

With digital transformation leading to a boom in the use of digital certificates, our bedrock authentication and encryption framework is at an inflection point, where the demand and adoption of automation is set to rapidly accelerate to keep up with technology requirements. It’s because they have to juggle a lot of different things.”.

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How to handle a ransomware attack 

IBM Big Data Hub

Of the 1,350 organizations surveyed in a recent study, 78 percent suffered a successful ransomware attack (link resides outside ibm.com). The photo will expedite the recovery process and help when filing a police report or a possible claim with your insurance company.

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After Springhill: Assessing the Impact of Ransomware Lawsuits

eSecurity Planet

” Cyber Insurance No Longer Reliable. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. “And the war can be multi-pronged.