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Adventures in cyber litigation: Frozen crypto-assets and the role of cyber insurance

Data Protection Report

Given the level of interest in the case, we have prepared a deeper-dive into the facts and the implications of the decision, with a focus on the important role played in the case by cyber insurance. For some time, cyber exposure has been at or near the top of every major company’s risk register. This is set out below.

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147
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How to Decrypt Ransomware Files – And What to Do When That Fails

eSecurity Planet

First, call the cyber insurance company that issued the organization’s cybersecurity policy. Most insurance companies require specific incident response vendors, procedures, and reporting that must be met to meet the standards to be insured. Insured companies often will not have options.

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ICYMI –December in privacy and cybersecurity

Data Protection Report

Which one advanced so that it can be proposed at the next CPPA board meeting for a vote to proceed to formal rulemaking? See SEC, Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure, 88 Fed. FBI Policy Notice 1297N, Cyber Victim Requests to Delay Securities and Exchange Commission Public Disclosure (Dec.

Privacy 111
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ICO issue fine of £4.4 to Interserve for security failings

DLA Piper Privacy Matters

The databases also held special category personal data including ethnic origin; religion; details of disabilities; sexual orientation, and health information relevant to ill-heath retirement applications. This emphasises the importance of remediating any gaps in security measures promptly to meet the legal standard of care.

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SEC Chair: Sweeping New Cybersecurity Rules Are Coming Soon

Data Matters

However, Chair Gensler highlighted that disclosure regimes evolve over time and stated that he has asked the staff to make recommendations related to public companies’ cybersecurity practices and cyber risk disclosures as well as disclosures that must be made once cyberevents have occurred.

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US Senators introduce IoT cybersecurity bill

Data Protection Report

By mandating that suppliers meet basic security requirements, the federal government is pushing the market to take cybersecurity considerations into account as early as the product and system design phases. . Norton Rose Fulbright has been shortlisted for ‘Cyber law firm of the year’ at the Insurance Insider Cyber Ranking Awards 2017.

IoT 40