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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

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US-based children’s clothing maker Hanna Andersson discloses a data breach

Security Affairs

Hacker groups under the Magecart umbrella continue to steal payment card data with so-called software skimmers. Security firms have monitored the activities of a dozen groups at least since 2010. . In a report recently published by RiskIQ , experts estimate that the group has impacted millions of users.

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Regulatory Update: NAIC Fall 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Insurance groups will be exempt from filing a GCC if.

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1M compromised cards available for free in the underground market

Security Affairs

Group-IB detected an unconventional post on several carding forums containing links to a file containing 1 million compromised cards. On August 2, Group-IB Threat Intelligence & Attribution system detected an unconventional post on several carding forums. All material from 2018-2019. Valid at 3%.

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2019 end-of-year review part 1: January to June

IT Governance

A royal baby, a fire at Notre-Dame, the highest grossing film of all time and more than 12 billion breached data records: 2019 has been quite a year. IT Governance is closing out the year by rounding up 2019’s biggest information security stories. Part one covers January to June, and will be followed by part in the coming days.

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.

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The Week in Cyber Security and Data Privacy: 22 – 28 January 2024

IT Governance

Mobile network database breach exposes 750 million Indians’ personal data The Indian security company CloudSEK claims to have found the personal data of 750 million Indians for sale on an “underground forum”. Compromised data includes victims’ names, addresses, phone numbers and Aadhaar numbers (a 12-digit government identification number).