Data Breach Today

JULY 1, 2024

Tokio Marine HCC's Keith Bergin on Cybersecurity Measures for Insurance Eligibility Keith Bergin, vice president of corporate claims at Tokio Marine HCC, explains how cyber insurers evaluate security measures such as MFA and administrative access control, and describes the integration of threat intelligence and pre-breach services to enhance policyholder (..)

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Insurance Security Cybersecurity Access 276

Security Affairs

JANUARY 6, 2024

Merck has resolved a dispute with insurers regarding a $1.4 Merck and its insurers have agreed with a $1.4 billion insurance claim for the losses caused by the NotPetya attack that took place in 2017. Merck had not taken out specific insurance to cover cyber attacks, it only had insurance coverage against general risks.

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Data Breach Today

JANUARY 11, 2024

s proposed settlement with insurers over a $1.4 billion claim related to the NotPetya attack will change the language the insurance industry uses to exclude acts of war in its policies, and organizations need to consider how those changes affect risk, said attorney Peter Halprin. Merck & Co.'s

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Data Breach Today

AUGUST 27, 2024

Young Consulting Says Health Data Exposed; Ransomware Group Leaked Stolen Data Young Consulting, which develops software for the stop-loss insurance market, is notifying 1 million individuals that their personal information was stolen earlier this year in a hack attack.

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Insurance Ransomware Marketing 305

Data Breach Today

JULY 29, 2021

Key Factors: Negotiating Lower Ransoms, Improving Recovery Cyber insurance provider Coalition Inc. says its clients' average claims for losses when they were hit by a ransomware attack totaled $184,000 in the first half of this year, down 45% compared to the second half of 2020.

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Insurance Ransomware IT 331

Data Breach Today

SEPTEMBER 19, 2024

As threat actors continue to evolve their attacks to circumvent security measures, cyber insurers are raising the bar for prospective healthcare security clients. Underwriters are increasing their scrutiny and adding new coverage requirements, said Chris Henderson of cybersecurity company Huntress.

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Insurance Cybersecurity Security 278

Data Breach Today

MARCH 10, 2024

Committee Chairs Accuses UK of Favoring an 'Ostrich Strategy' For Ransomware The Conservative government of British Prime Minister Rishi Sunak says it won't champion a reinsurance plan for cyber insurance similar to flood insurance, telling a parliamentary committee it doesn't want to "damage competition."

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Insurance Ransomware Government IT 289

Data Breach Today

SEPTEMBER 7, 2023

Also, Google Fitbit Faces Privacy Complaints From Schrems This week, the Swedish DPA fined an insurer $3 million for violating GDPR, a DDoS attack disrupted a German financial agency website, Google Fitbit faced privacy complaints from Schrems, Ragnar Locker published hacked hospital data, and Seville, Spain dealt with the aftermath of a ransomware (..)

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Insurance GDPR Privacy Ransomware 311

Data Breach Today

NOVEMBER 16, 2023

Plaintiffs Say UnitedHealthcare Algorithm Rejects Coverage for Elderly Patients The estates of two deceased UnitedHealthcare Medicare Advantage policyholders allege in a proposed federal class action lawsuit filed this week that the insurance giant is using an AI tool to illegally deny necessary coverage for post-acute care, such as skilled nursing, (..)

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Insurance 289

Security Affairs

JANUARY 26, 2025

” The figure is alarming: the 2024 cyberattack on the insurance giant exposed the private data of over half the U.S. According to the Associated Press, UnitedHealth booked $1.1 billion in total costs from the cyberattack in the second quarter. The final figure represents well over half of the U.S. population.”

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Data breaches Insurance Ransomware Cybersecurity 327

Data Breach Today

FEBRUARY 22, 2023

Hackers Demand Info on Victim's Cyber Insurance Policy to Negotiate Ransom Demand The newly relaunched HardBit 2.0 ransomware group is now demanding victims disclose details of their cyber insurance coverage before negotiating a ransom demand.

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Insurance Ransomware 267

Data Breach Today

JUNE 20, 2025

Erie Insurance and Philadelphia Insurance Still Recovering From Separate Attacks Statements by Erie Indemnity Co.

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Data Breach Today

JUNE 17, 2025

insurance firms, warned Google. Hackers Posing as Help Desks and Call Centers to Target Victims, Google Warns A hacking collective behind recent cyberattacks on major British retailers has pivoted to target U.S.

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Insurance Retail 130

Data Breach Today

JUNE 12, 2025

Multi-Line Insurance Company Warns Customers of Potential Scams Erie Indemnity Corp., which offers a wide range of insurance including Medicare supplements and cyber coverage, has notified the U.S. Securities and Exchange Commission that it has been responding to a cyber incident since last weekend.

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Data Breach Today

JANUARY 29, 2024

California Firm Said August Attack Affected Clients' Data A California insurance broker that handles employee benefits, workers' compensation and property liability is notifying more than 1.5

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Insurance Ransomware Security 263

Security Affairs

APRIL 23, 2023

Non-profit health insurer Point32Health suffered a ransomware attack and has taken systems offline in response to the incident. Non-profit health insurer Point32Health has taken systems offline in response to a ransomware attack that took place on April 17. ” reads the statement published by the insurer.

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Insurance Ransomware Cybersecurity Education 246

Data Breach Today

JULY 31, 2023

RUSI Study Finds 'No Smoking Gun' Suggesting Insureds Pay Extortion More Readily Fears that cyber insurance coverage drives companies into paying ransomware demands more easily than not appear unfounded, concludes a British think tank study that also suggests insurers should do more to enact corporate discipline.

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Insurance Ransomware 246

Data Breach Today

MARCH 9, 2023

Target Does Not Appear to Have Deliberately Targeted Members of Congress A hacker has been selling data stolen from an online health insurance marketplace used by members of Congress and residents of Washington, D.C. The cause size and scope of the breach are still unknown.

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Insurance Marketing 277

Data Breach Today

JUNE 19, 2025

Erie Insurance and Philadelphia Insurance Still Recovering From Separate Attacks Statements by Erie Indemnity Co.

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Data Breach Today

AUGUST 25, 2023

Also: Global Privacy Trends; Tornado Cash Founders Charged In the latest weekly update, ISMG editors discuss the shifting dynamics of cyber insurance, why APAC is approaching privacy regulations around emerging technologies, and how U.S. authorities charged the co-founders of cryptocurrency mixer Tornado Cash with money laundering.

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Insurance Privacy 246

Data Breach Today

MARCH 14, 2025

Texas Incident is Largest Breach Reported by a Health Plan So Far in 2025 A Texas-based insurance firm is notifying more than 335,500 people of a December hack involving their sensitive personal and health information.

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Insurance 213

Data Breach Today

JULY 29, 2024

billion in payouts to cyber insurance policyholders, although the nonstandardized language used for such policies will make determining final losses a "lengthy process," analysts say.

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Insurance IT 227

AIIM

NOVEMBER 14, 2024

Particularly useful in the printing, financial services, banking, insurance and healthcare industries, these solutions automate traditionally manual and time-consuming document tasks, drastically reducing onboarding times and errors.

Financial Services 211

Financial Services Insurance Artificial Intelligence 211

Krebs on Security

OCTOBER 30, 2024

“Affected insurance providers can contact us to prevent leaking of their own data and [remove it] from the sale,” RansomHub’s victim shaming blog announced on April 16. According to the HIPAA Journal, the biggest penalty imposed to date for a HIPPA violation was the paltry $16 million fine against the insurer Anthem Inc.

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Insurance Ransomware Data breaches Computer and Electronics 300

Security Affairs

OCTOBER 25, 2024

According to the Associated Press, UnitedHealth booked $1.1 billion in total costs from the cyberattack in the second quarter. In early March, the Alphv/BlackCat ransomware gang claimed responsibility for the attack and added the company to its Tor leak site.

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Data breaches Ransomware Insurance Cybersecurity 326

Data Matters

MAY 8, 2025

The National Association of Insurance Commissioners (NAIC) held its Spring 2025 National Meeting (Spring Meeting) March 2326, 2026. The post Regulatory Update: National Association of Insurance Commissioners Spring 2025 National Meeting appeared first on Data Matters Privacy Blog.

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Insurance Privacy IT 88

Data Protection Report

DECEMBER 5, 2024

Threat actors targeted online auto insurance quoting applications, obtaining Nonpublic Information (“NPI”) such as driver’s license numbers and dates of birth, which were then used to file fraudulent unemployment claims during the COVID-19 pandemic. In total, the two insurers agreed to pay $11.3 million for the first insurer, and $1.55

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Insurance Cybersecurity Risk Encryption 75

Data Breach Today

MAY 14, 2024

Firms Back New Guidance for Victims From UK's National Cyber Security Centre A coalition of cyber insurance associations has pledged to back fresh government cybersecurity guidance designed to help victims avoid ever paying a ransom, as part of an ongoing push to reduce ransomware's profitability for criminals in part by improving organizations' resilience (..)

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Insurance Ransomware Cybersecurity Government 189

Security Affairs

DECEMBER 8, 2024

” Exposed information varies per individual, however, it may include demographic information, medical information, health insurance information, Social Security number, drivers license number, financial information, and other personal or health information that patients provided Anna Jacques.

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Data breaches Insurance Ransomware Access 295

Security Affairs

APRIL 16, 2025

The company holds cyber insurance and informed federal authorities. So far, the stolen data hasnt appeared on the dark web or publicly released. Conduent reported no major operational impact from the cyberattack but did face significant one-time costs for notifications.

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Data breaches Government Business Services Personal data 283

Security Affairs

APRIL 11, 2025

Health Insurance Information: This may encompass plan name, plan type, insurance companies, and member/group ID numbers. “The specific information involved is not the same for everyone.” ” reads the notice of data breach.

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Data breaches Insurance Cybersecurity Government 244

Security Affairs

NOVEMBER 21, 2024

Stolen files allegedly include contracts, insurance, and financial documents. The authorities launched an investigation after the ransomware gang Ransomhub claimed the attack and published samples of personal information from a database of government. Ransomhub claimed to have stolen 313 gigabytes of data from the Mexican government office.

Ransomware 362

Ransomware Government Insurance Passwords 362

Security Affairs

DECEMBER 4, 2024

In December 2023, Elliptic and Corvus Insurance published a joint research that revealed the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. reads the CSA. According to the experts, the ransomware gang has infected over 329 victims, including ABB , Capita , Dish Network , and Rheinmetall.

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Ransomware Blockchain Insurance Data breaches 319

Security Affairs

DECEMBER 16, 2024

. “While ConnectOnCall is not aware of any misuse of personal information or harm to patients as a result of this incident, potentially impacted individuals are encouraged to remain vigilant and report any suspected identity theft or fraud to your health plan or insurer, or financial institution.”

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Data breaches Communications Insurance Cybersecurity 272

Security Affairs

FEBRUARY 6, 2021

” WestRock confirmed that it has cyber insurance business interruption insurance. The Company maintains a variety of insurance policies, including cyber insurance and business interruption insurance. WestRock is also working with its vendors so they are informed, and supply chains remain operational.”

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Security Affairs

JANUARY 9, 2025

Additionally, we implemented enhanced security measures to prevent similar incidents from occurring in the future.”

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Data breaches Insurance Ransomware Information governance 183

WIRED Threat Level

MARCH 16, 2024

Plus: The operator of a dark-web cryptocurrency “mixing” service is found guilty, and a US senator reveals that popular safes contain secret backdoors.

Insurance 278

Insurance Privacy Security 278