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Episode 158: How NotPetya has Insurers grappling with Systemic Cyber Risk

The Security Ledger

We talk to Bruce McDonnell of the East West Institute about how insurers are responding. Related Stories Episode 155: Disinformation is a Cyber Weapon and APTs warm to Mobile Malware Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats NotPetya Horror Story Highlights Need for Holistic Security.

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NYDFS settles cybersecurity regulation matter for $1.8 million

Data Protection Report

million settlement with two related insurance companies, relating to violations of two different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2019. Readers may recall that NYDFS’ cybersecurity regulation went into effect in March of 2017. NYDFS Cybersecurity Regulation.

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Privacy and Cybersecurity Top 10 for 2018

Data Matters

As we begin this New Year, here is list of the top 10 privacy and cybersecurity issues for 2018: EU GDPR. Smaller infringements, such as an organization’s failure to have their records in order, could result in fines of up to 2 percent of annual global turnover or €10 million (whichever is greater). Supreme Court Developments.

Privacy 66
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SEC Announces Settled Charges Against First American for Cybersecurity Disclosure Controls Failures – Lessons Learned

Data Matters

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. SEC Statement and Guidance on Public Company Cybersecurity Disclosures.

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SilverTerrier gang uses COVID-19 lures in BEC attacks against healthcare, government organizations

Security Affairs

30), we have observed three SilverTerrier actors/groups launch a series of 10 COVID-19 themed malware campaigns.” 30), we have observed three SilverTerrier actors/groups launch a series of 10 COVID-19 themed malware campaigns.” billion in global losses. “Over the past 90 days (Jan. “Over the past 90 days (Jan.

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Record Data Breach Settlement in Anthem Class Action

Hunton Privacy

On June 23, 2017, Anthem Inc., the nation’s second largest health insurer, reached a record $115 million settlement in a class action lawsuit arising out of a 2015 data breach that exposed the personal information of more than 78 million people.

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Weekly podcast: NHS upgrade, $242m Equifax loss and prison hacker jailed

IT Governance

The Department of Health and Social Care has signed a deal with Microsoft to upgrade the NHS’s extensive IT estate to Windows 10 in an attempt to bolster its cyber resilience in the wake of last year’s WannaCry ransomware outbreak. Unsurprisingly, Equifax plans to spend heavily on IT and data security in the coming months.