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 93

Insurance Government Cybersecurity Risk 93

Security Affairs

APRIL 8, 2021

The database was posted on a different underground forum and contained 12,344 records of the card shop admins, sellers and buyers including their nicknames, hashed passwords, contact details, history of activity, and current balance. It’s impossible to determine if the two events are connected to the breach. ever since.

Passwords 108

Passwords Insurance Personal data Sales 108

IT Governance

NOVEMBER 1, 2022

Mexico confirms hack of military records (unknown) Randolph-area school district disables its own website following transphobic hack (unknown) Australia’s Telstra hit by data breach, two weeks after attack on Optus (unknown) Patient details compromised in cyber attack on health provider Pinnacle (unknown) CHI Health faces ‘IT security incident’ impacting (..)

Data breaches 111

Data breaches Ransomware Insurance Phishing 111

eSecurity Planet

DECEMBER 9, 2021

An incident is an event that affects our scope of responsibility, and a response is how we deal with the incident. For IT managers, the scope might expand to encompass physical IT systems and events such as a flooded data center, a lost executive laptop, or squirrels chewing on network cables. Be in-line with insurance policies.

Insurance 121

Insurance Ransomware Data breaches Cloud 121

Data Matters

DECEMBER 10, 2019

This post summarizes the practical measures that may be adopted to protect your firm against cyberattacks and the keys to successful crisis management in the event that an unauthorized data breach occurs. standard login passwords). hardware tokens and one-time passwords). Fund Managers Face Heightened Cyber Risks. biometrics).

Data breaches 60

Data breaches Insurance Authentication Risk 60

Data Matters

DECEMBER 10, 2019

This post summarizes the practical measures that may be adopted to protect your firm against cyberattacks and the keys to successful crisis management in the event that an unauthorized data breach occurs. standard login passwords). hardware tokens and one-time passwords). Fund Managers Face Heightened Cyber Risks. biometrics).

Data breaches 60

Data breaches Insurance Authentication Risk 60

Security Affairs

NOVEMBER 30, 2020

“Sources said the county is in the process of paying the $500,000 ransom as it’s insured for such attacks.” We commenced an immediate investigation that included taking certain systems offline and working with computer forensic specialists to determine the nature and scope of the event.

Computer and Electronics 103

Computer and Electronics Ransomware Insurance Encryption 103

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

eSecurity Planet

APRIL 29, 2024

Destruction of forensic artifacts will prevent incident response investigations and criminal investigations, and could affect cybersecurity insurance processes. The fix: Cisco’s event notice recommends immediate upgrade of affected devices. For manual updates, perform updates promptly.

Cybersecurity 93

Cybersecurity Ransomware Access Insurance 93

Hunton Privacy

OCTOBER 22, 2018

Three years ago, in February 2015, OCR opened a compliance review of Anthem, the nation’s second largest health insurer, following media reports that Anthem had suffered a significant cyberattack. That breach, affecting approximately 79 million individuals, was the largest breach of protected health information (“PHI”) in history.

Computer and Electronics 63

Computer and Electronics Passwords Data breaches Compliance 63

IT Governance

JANUARY 9, 2020

Cyber insurance has in some regions encouraged victims to pay as it is cheaper than remediation in some cases. Weak passwords will continue to be exploited as attackers monetise credentials. Ransomware will continue to increase. However, organisations as a whole will be targeted rather than individual machines.

Security 98

Security IoT Phishing Ransomware 98

IT Governance

SEPTEMBER 1, 2022

Meanwhile, the bastion of password security, LastPass, announced that its systems had been breached – although the organisation is confident that customers’ details remain secure. In total, we identified 112 publicly disclosed security incidents in August, resulting in 97,456,345 compromised records. Cyber attacks. Ransomware. Data breaches.

Data breaches 116

Data breaches Ransomware Energy and Utilities Phishing 116

IBM Big Data Hub

JANUARY 22, 2024

The good news is that in the event of a ransomware attack, there are basic steps any organization can follow to help contain the attack, protect sensitive information, and ensure business continuity by minimizing downtime. Start by updating your system passwords, then recover your data from backups.

Ransomware 113

Ransomware Encryption Analytics Data breaches 113

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. See the Top Rootkit Scanners.

Ransomware 141

Ransomware Cybersecurity Phishing Encryption 141

Krebs on Security

JANUARY 6, 2020

Organizations in the throes of cleaning up after a ransomware outbreak typically will change passwords for all user accounts that have access to any email systems, servers and desktop workstations within their network. ” WHOLESALE PASSWORD THEFT. Cloud-based health insurance management portals.

Passwords 200

Passwords Ransomware Authentication Communications 200

Thales Cloud Protection & Licensing

FEBRUARY 9, 2023

And for those that re-use passwords: theft of your entertainment login could be eventual access to bigger, more detrimental accounts (such as banking, insurance, and health). The ‘big event’ phishing spike It’s not just what happens on game day, but on the practice field, as they say.

Security 71

Security Authentication Phishing Access 71

Data Protection Report

OCTOBER 24, 2022

On October 18, 2022, the New York Department of Financial Services announced a settlement with EyeMed, a licensed life, accident, and health insurer, with respect to a security incident that occurred in 2020. According to NYDFS, that compromised email account was shared by nine EyeMed employees and was protected only by a “weak password.”

Cybersecurity 52

Cybersecurity Personal data Risk Financial Services 52

Adam Levin

NOVEMBER 30, 2018

Make sure you get on top of any incursion into your identity quickly and/or enroll in a program where professionals help you navigate and resolve identity compromises–oftentimes available for free, or at minimal cost, through insurance companies, financial services institutions and HR departments.

Financial Services 66

Financial Services Encryption Passwords Communications 66

IT Governance

MAY 7, 2024

Source 1 ; source 2 (Update) Insurance USA Yes 75,101 Airsoftc3.com Source 1 ; source 2 (Update) Insurance USA Yes 75,101 Airsoftc3.com Source (New) Manufacturing USA Yes Unknown Human Events. Most notably, it’s banning bad default passwords on IoT (Internet of Things) devices, becoming the first country to do so.

Data breaches 59

Data breaches Education Manufacturing Retail 59

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

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

Adam Levin

JULY 8, 2020

All of these can be extinction-level events. It should include an inventory of who can access registrar accounts, implementation of two-factor authentication, and password hygiene checks. In 2015, Chinese hackers redirected the hijacked ShadesDaddy.com to a site selling counterfeit merchandise.

Retail 52

Retail Authentication Insurance Data breaches 52

eSecurity Planet

SEPTEMBER 14, 2022

Often, a scammer will simply target the people in a company and fool them into giving up their personal details, account passwords, and other sensitive information and gain access that way. Finance and insurance finished a close second at 22.4%. of cyber attacks IBM handled. Phishing attacks made up 40% of all attacks in the sector.

Energy and Utilities 118

Energy and Utilities Phishing Blockchain Cybersecurity 118

Data Protection Report

AUGUST 3, 2017

Refrain from using hard-coded credentials or passwords. Recent events show that the IoT is an attractive vector for a cyberattack. Norton Rose Fulbright has been shortlisted for ‘Cyber law firm of the year’ at the Insurance Insider Cyber Ranking Awards 2017. Use software and components that can be updated and patched.

IoT 40

IoT Cybersecurity Insurance Marketing 40

eSecurity Planet

JANUARY 12, 2021

Password protocols. Cybersecurity preparedness/ insurance. what information assets could be impacted by a possible cyber attack, including hardware, systems, laptops, customer data and intellectual property), and then assesses the risks of losing control of these assets during a cyber event. Open ports and other vulnerabilities.

Risk 70

Risk Security Cybersecurity Compliance 70

Thales Cloud Protection & Licensing

JULY 21, 2022

However, this stance indicates a lack of understanding of the effects of all the parties involved, such as cyber insurance underwriters, incident response firms, government regulations, and ransomware attribution. For many organizations, paying the ransom can be less damaging than risking any additional impacts.

Energy and Utilities 71

Energy and Utilities Ransomware IoT Risk 71

eSecurity Planet

MARCH 18, 2022

For example, an Access Policy could have clearly labeled sections to define Password Policy , User Access , Privileged Access , Access Review Processes, and Remote Access because each of these access categories may be required to be reviewed by an auditor. Start Writing. Every organization can easily create written policies.

IT 117

IT Compliance Security Access 117

Data Matters

FEBRUARY 25, 2021

The FCA has provided new guidance for PIs and EMIs using the “insurance or comparable guarantee” method of safeguarding. This includes a requirement that the insurance policy or comparable guarantee must pay out for the full amount of any claim regardless of how the relevant insolvency event occurs (including if the firm is at fault).

Authentication 68

Authentication Paper Risk Insurance 68

Hunton Privacy

JULY 10, 2014

In addition, the definition of “personal information” now includes a “username or e-mail address, in combination with a password or security question and answer that would permit access to an online account.”.

Computer and Electronics 40

Computer and Electronics Insurance Passwords Access 40

eSecurity Planet

FEBRUARY 16, 2021

Ransomware frequently contains extraction capabilities that can steal critical information like usernames and passwords, so stopping ransomware is serious business. In the event of a successful breach, your team must be ready to restore systems and data recovery. Rapid Response Testing. Sandbox Testing.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

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 115

Security Encryption Analytics Cloud 115

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. In any event, we know this technology is here to change and transform the way we work forever. Passwords. Perhaps to some degree.

Cybersecurity 52

Cybersecurity Passwords Risk IT 52

ARMA International

FEBRUARY 21, 2020

Some IoB devices can provide access to systems and workspaces without the need for passwords or key cards and can offer convenient purchases of goods or services. Each type of IoB device brings with it benefits and risks. Workplace safety, health monitoring, and convenience top the list of benefits.

Computer and Electronics 105

Computer and Electronics Privacy Artificial Intelligence IoT 105

KnowBe4

APRIL 25, 2023

They planned a party, coordinated the event, and attended the party within the sim. link] [Head Scratcher] More Companies With Cyber Insurance Are Hit by Ransomware Than Those Without? Cyber insurance should be seen as an absolute last resort and should not be seen as a sure thing (in terms of a claim payout).

Insurance 74

Insurance Security awareness Phishing Ransomware 74

Data Matters

OCTOBER 24, 2019

Verification for Password-Protected Accounts (§ 998.324). The regulations require businesses to use a two-factor verification process, at a minimum, to authenticate consumers with password-protected accounts who submit access or deletion requests.

Privacy 60

Privacy Sales Authentication Passwords 60

Security Affairs

FEBRUARY 8, 2024

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Recent Security Events Recent cyber security events have highlighted the persistent and evolving nature of online threats. Without any further ado, let’s have a look at the 7 most recent cyber security events.

Security 121

Security Phishing IoT Ransomware 121

ForAllSecure

JANUARY 19, 2022

Passwords are everywhere, but they probably weren't intended to be used as much as they are today. Maybe you are at an organization that requires you to change your passwords every 90 days or so, and so you have password fatigue -- there are only so many variations you can do every 90 days or so. I must have the password.

Passwords 52

Passwords Authentication Access Data breaches 52