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Breach Roundup: Swedish Insurer Fined $3M for GDPR Breach

Data Breach Today

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 (..)

GDPR 269
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ISMG Editors: The Shifting Cyber Insurance Landscape

Data Breach Today

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.

Insurance 234
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Study Downplays Cyber Insurance As Incentive to Pay Ransom

Data Breach Today

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.

Insurance 234
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Dental Health Insurer Hack Affects Nearly 9 Million

Data Breach Today

More than 100 Agencies, Health Entities Impacted by Data Breach Discovered in March An insurance provider that services many state Medicaid agencies and the Children's Health Insurance Program told regulators that hackers compromised the personal and protected health information of nearly 9 million patients in an incident discovered in March.

Insurance 220
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New HardBit 2.0 Ransomware Tactics Target Insurance Coverage

Data Breach Today

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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Insurer Tokio Marine Hit by Ransomware

Data Breach Today

Firm Says Singapore Unit Was Targeted Tokio Marine, a Japan-based property and casualty insurer, says its Tokio Marine Insurance Singapore unit was hit by a ransomware attack this week.

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Navigating the Complexities of Cyber Insurance

Data Breach Today

"Insurance is a tool," said Libby Benet, the global chief underwriting officer for AXA XL. When you buy an insurance policy, you are buying a network of professional crisis managers." In this episode of "Cybersecurity Insights," Benet discussed present and future cybersecurity insurance issues.

Insurance 141