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

Data Protection Report

The French Information and Digital Security Experts Club ( CESIN ) has estimated that 54% of French companies were subject to cyberattacks in 2021, [1] while France Assureurs has put cyberattack risks on top of all other risks for the sixth year in a row. [2] 12-10-1 into the French Insurance code. However, in the end, Article L.12-10-1

Insurance 105
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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.

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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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How to Save on Cyber Insurance and Be Harder to Hack

Adam Levin

Cyber insurance is still evolving, and as such you can still get good deals even if your cybersecurity is not completely up to snuff. Each has reported—or worse have been discovered to have—extremely sensitive customer data stored on cloud servers that were not properly secured. Insurance often moves in lockstep with regulation.

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2024 State of Cybersecurity: Reports of More Threats & Prioritization Issues

eSecurity Planet

The 2023 vendor surveys arriving this quarter paint a picture of a cybersecurity landscape under attack, with priority issues affecting deployment, alert response, and exposed vulnerabilities. Most organizations express confidence in their current status and budgets, but also expect to experience at least one data breach in 2024.

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After Springhill: Assessing the Impact of Ransomware Lawsuits

eSecurity Planet

The legal complaint [PDF] notes that on July 9, 2019, the day it was hit by a ransomware attack, Springhill Memorial Hospital contended that the event had “not affected patient care.” ” Cyber Insurance No Longer Reliable. Also read: Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs. .

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Q&A: NIST’s new ‘Enterprise Risk Management’ guidelines push cyber risks to board level

The Last Watchdog

The Internet Security Alliance ( ISA ) is a trade association and think tank whose members include prominent corporations in a wide cross section of industries. I think the whole digital age came upon us so quickly, so easily, so pleasantly and so profitably that we simply missed the security downside at first.

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