Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. For those who have cyber insurance against ransomware attacks. That way you would have avoided a leak and decrypted your information. Very important! reads the ransom note.

Insurance 80

Insurance Ransomware Encryption IT 80

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR (among other legal requirements in the EU and elsewhere) can expose multinational organizations to hefty financial penalties, additional rules for disclosing data breaches, and increased scrutiny of the adequacy of their data security.

Data Privacy 142

Data Privacy Compliance Privacy Security 142

IT Governance

JULY 15, 2019

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures.

Insurance 89

Insurance Data breaches Risk Information Security 89

Krebs on Security

OCTOBER 28, 2020

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. The company has operations in 25 countries, more than 4,000 employees, and billions in revenue annually. Acting on a tip from Milwaukee, Wis.-based

Ransomware 344

Ransomware Security Agriculture Cybersecurity 344

IT Governance

JUNE 15, 2022

In an increasingly digital world, there are an escalating number of cyber security risks for business to address. IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average. Poor patch management. Weak passwords.

Risk 144

Risk Security Passwords Phishing 144

IT Governance

SEPTEMBER 15, 2021

A UK government report published last year found that 48% of organisations lacked the expertise to complete routine cyber security practices. The report also found that 30% of organisations had skills gaps in more advanced areas, such as penetration testing, forensic analysis and security architecture.

Security 122

Security Insurance Education Government 122

Krebs on Security

DECEMBER 18, 2018

Virtually all companies like to say they take their customers’ privacy and security seriously, make it a top priority, blah blah. That’s because very few of the world’s biggest companies list any security executives in their highest ranks. banks) would have this role in their executive leadership team.

Security 221

Security Marketing Cybersecurity Data breaches 221

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

Security Affairs

JULY 21, 2021

Experts found a DB containing sensitive health insurance data belonging to customers of US insurance giant Humana. An SQL database containing what appears to be highly sensitive health insurance data of more than 6,000 patients has been leaked on a popular hacker forum. What was leaked? Drug prescription listings).

Insurance 114

Insurance Passwords Libraries Access 114

IT Governance

JULY 6, 2020

Beaming’s Five Years in Cyber Security found that 1.5 Many of those organisations have correctly identified malware as a top priority, with 45% saying they’ve taken extra security precautions to tackle the threat, compared to 26% in 2015. million organisations fell victim to cyber crime in 2019.

Information Security 142

Information Security Phishing IoT Insurance 142

Hunton Privacy

OCTOBER 14, 2014

On October 8, 2014, the Department of Homeland Security reported that over the course of several months, the network of a large critical manufacturing company was compromised. The incident raises some issues for cyber insurance. That the incident occurred over several months suggests that trigger dates for cyber insurance be examined.

Insurance 40

Insurance Cybersecurity Manufacturing Information Security 40

Hunton Privacy

NOVEMBER 15, 2023

The Publicly Available Facts Australian Clinical Labs Limited is listed on the Australian Securities Exchange and operates one of the largest pathology businesses in Australia. The information set out below is based on announcements by the company to the market and by the regulator.

Data breaches 128

Data breaches Privacy Risk Information Security 128

Security Affairs

OCTOBER 4, 2023

Researchers from the cybersecurity firm Menlo Security reported that threat actors exploited an open redirection vulnerability in the job search platform Indeed in phishing attacks. The subdomain ‘t.indeed.com’ is supplied with parameters to redirect the client to another target (example.com) as shown in the example below.”

Phishing 114

Phishing Insurance Manufacturing Authentication 114

IT Governance

JANUARY 9, 2020

Almost everyone wants to know what the future has in store – particularly when it comes to cyber security. With that in mind, Geraint Williams, IT Governance’s chief information security officer, discusses his cyber security predictions in the upcoming year. Our predictions. Ransomware will continue to increase.

Security 98

Security IoT Phishing Ransomware 98

Data Matters

AUGUST 17, 2021

On August 11, 2021, the Federal Financial Institutions Examination Council (FFIEC)1 issued guidance establishing risk management principles and practices to support the authentication of users accessing a financial institution’s information systems and customers accessing a financial institution’s digital banking services (the Guidance).

Authentication 88

Authentication Access Risk Financial Services 88

CGI

AUGUST 31, 2016

Insurers’ role will be critical in improving cybersecurity standards. Cyber insurance can be obtained to cover such costs as crisis management, media management, incident management, technical remediation, legal fees, call management, data subject notification, breach investigation and many other losses resulting from a cyber-attack.

Insurance 40

Insurance Cybersecurity Risk Marketing 40

Data Protection Report

NOVEMBER 9, 2022

Even though an organization may have little to no control over a vendor’s security practices, it bears the ultimate responsibility for safeguarding its own data and systems. Defining Information Security Practices. Security controls. Accordingly, an organization’s systems are only as strong as their weakest link.

Risk 117

Risk Cybersecurity Insurance Data breaches 117

Security Affairs

SEPTEMBER 4, 2021

The US Securities and Exchange Commission warns investors of potential investment scams that leverages Hurricane Ida as a bait. The US Securities and Exchange Commission (SEC)’s Office of Investor Education and Advocacy is warning investors of potential investment scams related to Hurricane Ida. ” continues the SEC.

Cleanup 83

Cleanup Insurance Education Security 83

IT Governance

MAY 28, 2020

Scanning your networks and software for security vulnerabilities is essential for keeping your organisation secure, but it’s not a perfect solution. Conducting regular vulnerability scans will help you determine the overall effectiveness of your security measures. Advantages. Identify vulnerabilities before cyber criminals do.

Insurance 114

Insurance Information Security Data breaches GDPR 114

IT Governance

JUNE 1, 2023

On this page, you will find all our usual information breaking down the month’s security incidents. Meanwhile, you can subscribe to our Weekly Round-up to receive the latest cyber security news and advice delivered straight to your inbox. However, we’ve decided to consolidate our records onto a single page.

Data breaches 122

Data breaches Insurance Personal data Ransomware 122

AIIM

APRIL 12, 2022

The classic example is the insurer that won’t pay for care that a doctor determines a patient needs. Insurers are about profit; doctors are about delivering the best care. With collaborative videoconferencing: Low-income patients without insurance can use the Emergency Room less often. Information Security.

Computer and Electronics 104

Computer and Electronics Insurance Marketing Paper 104

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Security Affairs

OCTOBER 24, 2021

Andrey Arsentiev, head of analytics and special projects at InfoWatch Group, believes that the the data could have been obtained by external attackers, for example, by exploiting a vulnerability in the system software. The post Threat actors offer for sale data for 50 millions of Moscow drivers appeared first on Security Affairs.

Sales 99

Sales Insurance Analytics Authentication 99

Hunton Privacy

JUNE 13, 2023

On June 6, 2023, the Federal Deposit Insurance Corporation (“FDIC”), the Board of Governors of the Federal Reserve System (“FRB”) and the Office of the Comptroller of the Currency (“OCC”) issued their final Interagency Guidance on Third-Party Relationships (“Guidance”).

Risk 64

Risk Insurance Compliance Information Security 64

Armstrong Archives

DECEMBER 19, 2023

No matter the size of a business, a well-defined record retention policy serves multiple purposes: ensuring compliance with legal and regulatory requirements, aiding in efficient document management, and securing sensitive information. However, they also require IT infrastructure to facilitate secure storage and backup.

Compliance 52

Compliance Archiving Digital transformation Sales 52

KnowBe4

MARCH 14, 2023

CyberheistNews Vol 13 #11 | March 14th, 2023 [Heads Up] Employees Are Feeding Sensitive Biz Data to ChatGPT, Raising Security Fears Robert Lemos at DARKReading just reported on a worrying trend. In a recent report, data security service Cyberhaven detected and blocked requests to input data into ChatGPT from 4.2%

Phishing 86

Phishing Security Artificial Intelligence Security awareness 86

IBM Big Data Hub

JULY 7, 2023

But with a proactive approach to data security, organizations can fight back against the seemingly endless waves of threats. IBM Security X-Force found the most common threat on organizations is extortion, which comprised more than a quarter (27%) of all cybersecurity threats in 2022. Where do data breaches originate?

Security 40

Security Data breaches Data Privacy Compliance 40

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. This response is appropriate if the risk is too big to manage with a security control. Cryptography : the encryption and key management of sensitive information.

Risk 72

Risk Information Security Communications Insurance 72

eSecurity Planet

DECEMBER 9, 2021

We make IT, security, or any business decision by weighing the risks and the rewards. Or as is often the case with security, what costs can we skip and still escape big penalties later? For example, we might nominate: The IT security manager to handle a ransomware incident; Our external accountant to investigate financial fraud; or.

Insurance 121

Insurance Ransomware Data breaches Cloud 121

Security Affairs

APRIL 20, 2023

In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security. However, despite the critical status of bank infrastructure on the national level, the security of crucial data was not ensured.

Personal data 96

Personal data Phishing Risk Financial Services 96

Security Affairs

NOVEMBER 25, 2020

The post Belden discloses data breach as a result of a cyber attack appeared first on Security Affairs. We regret any complications or inconvenience this incident may have caused and are offering assistance to those individuals who may have been impacted.”. Pierluigi Paganini. SecurityAffairs – hacking, Belden).

Data breaches 103

Data breaches Manufacturing Insurance Access 103

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. Also ensure you have contacts with cyber security intelligence services.

Passwords 98

Passwords Phishing Risk Access 98

IT Governance

JULY 11, 2019

You can avoid this by teaching staff about ransomware and establishing a line of communication in the event of security incidents. 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.

Ransomware 99

Ransomware Insurance Encryption Paper 99

Security Affairs

NOVEMBER 8, 2020

Now the news of another data breach made the headlines, a security breach has exposed the personal and protected health information for patients of LensCrafters, Target Optical, EyeMed, and other eye care practices. Luxottica disclosed a security breach in the appointment scheduling application that took place on August 5, 2020.

Data breaches 75

Data breaches Insurance Retail Ransomware 75

IT Governance

APRIL 11, 2023

The link could direct users to a mock-up of YouTube’s website and ask them to log in for security purposes. But the cyber security research group Securonix has unearthed a new campaign from a threat group dubbed Tactical#Octopus. Can you spot a scam?

Phishing 114

Phishing Passwords Ransomware Insurance 114

IT Governance

MAY 16, 2019

If you’re familiar with ISO 27001 , you’ll know that it’s the international standard for information security and contains the certification requirements that are expanded upon throughout the ISO 27000 series. Assessing these risks helps inform your decision about the best way to reduce risk to an acceptable level.

Risk 67

Risk Information Security Insurance Security 67

Security Affairs

JUNE 13, 2020

” For example, the tech giant observed an increase in the number of scams targeting Aarogya Setu, an initiative where the Indian government is trying to connect people across the country with essential health services. .” The post COVID-19 themed attacks increase in Brazil, India, and UK appeared first on Security Affairs.

Phishing 78

Phishing Insurance Government Access 78