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First American Financial Pays Farcical $500K Fine

Krebs on Security

Securities and Exchange Commission settled its investigation into the matter after the Fortune 500 company agreed to pay a paltry penalty of less than $500,000. The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 This week, the U.S. First American Financial Corp.

Insurance 282
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Data from Airlink International UAE leaked on multiple dark web forums

Security Affairs

Cybersecurity researchers from Cyble have spotted a threat actor sharing leaked data of Airlink International UAE for free on two different platforms. Cybersecurity researchers from Cyble have found a threat actor sharing leaked data of Airlink International UAE for free on two platforms on the dark web. ” reported the media.

Insurance 135
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Record Retention Policy for Businesses: A Strategic Guide to Compliance and Efficiency

Armstrong Archives

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. Each category will have different legal and operational retention requirements.

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Scanning for Flaws, Scoring for Security

Krebs on Security

Is it fair to judge an organization’s information security posture simply by looking at its Internet-facing assets for weaknesses commonly sought after and exploited by attackers, such as outdated software or accidentally exposed data and devices? the security posture of vendor partners). Image: US Chamber of Commerce.

Security 196
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How to Develop an Incident Response Plan

eSecurity Planet

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 125
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China’s PIPL has finally arrived, and brings helpful clarification (rather than substantial change) to China’s data privacy framework

DLA Piper Privacy Matters

Government Access to/Disclosure of Personal Information Data controllers must not provide personal information stored within China to overseas legal or enforcement authorities unless approval is obtained from a China authority. This aligns with a similar provision in the new Data Security Law.

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China Publishes Draft Regulations on Protecting the Security of Key Information Infrastructure

Hunton Privacy

On July 10, 2017, the Cyberspace Administration of China published a new draft of its Regulations on Protecting the Security of Key Information Infrastructure (the “Draft Regulations”), and invited comment from the general public. They must conduct this inspection and evaluation at least once a year.