The Hidden Cost of Ransomware: Wholesale Password Theft

Krebs on Security

Organizations in the throes of cleaning up after a ransomware outbreak typically will change passwords for all user accounts that have access to any email systems, servers and desktop workstations within their network. ” WHOLESALE PASSWORD THEFT.

American Insurance firm State Farm victim of credential stuffing attacks

Security Affairs

The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The insurance firm is notifying the impacted customers, but it did not disclose the number of affected users.

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New Hampshire Governor Signs Insurance Data Security Law

Hunton Privacy

On August 2, 2019, New Hampshire Governor Chris Sununu signed into law SB 194 (the “Bill”), which requires insurers licensed in the state (“licensees”) to put in place data security programs and report cybersecurity events. In addition, each insurer domiciled in the state must submit an annual written statement by March 1 that certifies that the insurer is in compliance with the requirements set forth. Cyber Insurance Cybersecurity Information Security U.S.

Group-IB and CryptoIns introduce the world’s first insurance against cyber threats for cryptocurrency exchanges

Security Affairs

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Group-IB, an international company that specializes in preventing cyber attacks, and a Swiss insurance broker ASPIS SA that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges cybersecurity, allowing the exchanges’ clients to ensure their assets.

Episode 163: Cyber Risk has a Dunning-Kruger Problem also: Bad Password Habits start at Home

The Security Ledger

Kevin Richards of the insurer Marsh joins us to talk about that company's Cyber Risk Perceptions Survey. In this episode of Security Ledger Podcast (#163) sponsored by LastPass: Kevin Richards of the insurer Marsh joins us to talk about that company’s Cyber Risk Perceptions Survey.

Engineering the frictionless user experience through password-free identity

Information Management Resources

Banks, insurers and asset managers that continue solely with passwords will not only lose their best customers but also struggle to acquire younger customers.

Weekly podcast: Password managers, unpatched vulnerabilities, formjacking and Wendy’s

IT Governance

Researchers at ISE have identified security flaws affecting four popular password managers on the Windows 10 platform, which could allow malware to access the master password and/or the individual passwords stored in them, even when the password managers are locked. The researchers explain that: “All password managers [they] examined sufficiently secured user secrets while in a ‘not running’ state. This is not to say you should abandon your password manager.

China: Navigating China: Episode 10: Stricter data localisation and security rules for financial and insurance data in China

DLA Piper Privacy Matters

The PFI Guidelines will apply to regulated banks, financial institutions and insurance companies. transaction logs, transaction amount, insurance orders, insurance claims); user’s personal and financial information (e.g. Carolyn Bigg, Hong Kong.

State Farm Reports Credential-Stuffing Attack

Dark Reading

The insurer has informed customers a third party used a list of user IDs and passwords to attempt access into online accounts

How to Save on Cyber Insurance and Be Harder to Hack

Adam Levin

Cyber insurance is still evolving, and as such you can still get good deals even if your cybersecurity is not completely up to snuff. Password: Password. The four most common consumer passwords of 2019 were “123456,” “123456789,” “qwerty,” and “password.”

Health Insurer Reaches Privacy Settlement with New Jersey Division of Consumer Affairs

Hunton Privacy

The stolen laptops contained policyholder electronic Protected Health Information (“ePHI”), including names, addresses, birth dates, insurance identifications and, in some cases, Social Security numbers and clinical data. The policyholder data was password protected but not encrypted, in violation of HIPAA and HITECH. On February 17, 2017, Horizon Blue Cross Blue Shield of New Jersey (“Horizon”) agreed to pay $1.1

Hackers Were Inside Citrix for Five Months

Krebs on Security

The disclosure comes almost a year after Citrix acknowledged that digital intruders had broken in by probing its employee accounts for weak passwords. How would your organization hold up to a password spraying attack?

How Marriott Customers Can Protect Themselves From The Latest Breach

Adam Levin

Change your passwords on any accounts associated with travel and / or lodging, and be sure not to re-use them across multiple accounts. When resetting a password, pick one that’s easy for you to remember, but impossible for others to guess.

Digital Enterprises: Built on Modern MDM

Reltio

If you missed this event, check out the video presentations here to get the latest buzz in the data management industry (Login: dd19@reltio.com | Password: berightfaster). Ankur Gupta, Sr. Product Marketing Manager, Reltio.

MDM 52

Ransomware at Colorado IT Provider Affects 100+ Dental Offices

Krebs on Security

“I would recommend everyone reach out to their insurance provider,” said one dentist based in Denver. “No help from my insurance.

30,000+ Italian sales agents’ personal data, IDs leaked by Ariix Italia

Security Affairs

Researchers at cybernews.com recently uncovered an unsecured Amazon Simple Storage Service (S3) bucket that contains more than 36,000 documents, including scans of passports, credit cards, and health insurance cards.

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Healthcare giant Magellan Health discloses data breach after ransomware attack

Security Affairs

Magellan Health, a for-profit managed health care and insurance firm, was the victim of a ransomware attack. Magellan Health is a for-profit managed health care and insurance firm that ranks 417 on the Fortune 500 list of the largest US corporations by total revenue.

NEW TECH: DataLocker introduces encrypted flash drive — with key pad

The Last Watchdog

All the user needs is a strong password to access to the data. The administrator can set password rules, put certain types of files on white lists or black lists, remotely reset devices; they can even disable devices lost in the field. You just simply push the power button, type in your password, authenticate it; and then you can connect it to any system with a USB port. You can pop it on a thumb drive, set the password, and overnight it.

UK: Webinar – The anatomy of a ransomware attack

DLA Piper Privacy Matters

The COVID-19 lock-down and forced home-working presents many new vulnerabilities for hackers to exploit and also makes containment measures (such as forced password reset) more complicated to implement for the victims. will insurance cover ransom payments?

Lab test provider LifeLabs disclose a data breach that exposed personal info of 15M customers

Security Affairs

“Through proactive surveillance, LifeLabs recently identified a cyber-attack that involved unauthorized access to our computer systems with customer information that could include name, address, email, login, passwords, date of birth, health card number and lab test results.”

2019’s Top Network Security Vulnerabilities

InfoGoTo

Weak authentication involving easy-to-guess passwords and a lack of multifactor authentication, facilitating unauthorized access that can easily go unnoticed. They say that hindsight is 20/20. Experience isn’t usually gained until it’s too late.

Maze Ransomware gang breached the US chipmaker MaxLinear

Security Affairs

The company reset passwords of the affected customers and reported the intrusion to law enforcement. “We carry cybersecurity insurance, subject to applicable deductibles and policy limits.

Why Genomic Data Is so Important to Protect

InfoGoTo

For instance, the Health Insurance Portability and Accountability Act (HIPAA) de-identification standards are difficult to apply in a meaningful manner. They seem to be effective thus far, as most data breaches have only affected passwords and profiles, not genomic data. Over the last few years, there has been a significant growth in interest regarding genomic research and data.

SHARED INTEL: Study shows mismanagement of ‘machine identities’ triggers $52 billion in losses

The Last Watchdog

The humans use usernames and passwords to identify themselves to machines. The machine don’t use usernames and passwords; they use machine identities. Hudson: We have about 400 customers worldwide: big banks, big airlines, airplane manufacturers, big payment card companies, big health care insurers, big retailers. In one sense, digital transformation is all about machines.

Washington State Comprehensive Privacy Bill Loses Steam, Data Breach Law Amendment Heads to Governor’s Desk

Data Matters

Usernames or email addresses in combination with passwords or security questions and answers. Reminders on Usernames and Passwords : If consumer usernames or passwords are breached, the notice to affected residents must instruct the affected consumer to change his or her password and security question or answer, or to take other appropriate steps to protect the online account.

List of data breaches and cyber attack in March 2019 – 2.1 billion records leaked

IT Governance

Insurance firm AIA Singapore discovers data breach (225). Publishing firm Elsevier left users’ passwords on publicly available server (unknown). New Orleans-based Hartwig Insurance Agency discloses data breach (1,100).

Saint Ambrose Catholic Parish – Crooks stole $1.75M in BEC Attack

Security Affairs

“We are working closely with the Diocese and its insurance program to file a claim in the hopes that Marous Brothers Construction can receive their payment quickly and we can bring this important project for our parish to a positive completion,” Stec said in the letter.

Key Ring digital wallet exposes data of 14 Million users in data leak

Security Affairs

The images include scans of government-issued IDs, retail club membership and loyalty cards, NRA membership cards, gift cards, credit cards with all details exposed (including CVV), medical insurance cards, medical marijuana ID cards, and more.

List of data breaches and cyber attacks in October 2018 – 44,701,278 records leaked

IT Governance

Social insurance numbers. California passes law that bans default passwords in connected devices. California has passed a law banning default passwords such as ‘admin’, ‘123456’ and ‘password’.

List of data breaches and cyber attacks in October 2018 – 44,701,278 records leaked

IT Governance

Social insurance numbers. California passes law that bans default passwords in connected devices. California has passed a law banning default passwords such as ‘admin’, ‘123456’ and ‘password’.

Marriott Breach: More than 500 Million Guest Affected

Adam Levin

Marriot announced an enormous breach of the company’s reservations database that may have potentially exposed the personally identifiable information of more than 500 million guests. If you’ve made reservations at the St.

Washington Amends Data Breach Notification Law

Hunton Privacy

Washington’s breach notification law previously defined personal information as an individual’s name in combination with the individual’s Social Security number, state identification card number, or financial account or credit or debit card number in combination with any required security code, access code or password that would permit access to an individual’s financial account. HB 1071 provides that if the breach involves a username or password, an entity may provide notice by email.

Secure Shredding 101

InfoGoTo

credit card applications, health insurance documents, pay stubs, bank statements). account numbers, passwords, usernames). In the past six years, identity theft has cost people over $107 billion in the United States, according to the 2017 Identity Fraud Study conducted by Javelin. Identity thieves can capitalize on many opportunities to steal private information — and mishandling documents provides one such opportunity.

Expect More Spam Calls and SIM-Card Scams: 400 Million Phone Numbers Exposed

Adam Levin

Don’t authenticate yourself to anyone unless you are in control of the interaction, don’t over-share on social media, be a good steward of your passwords, safeguard any documents that can be used to hijack your identity, and freeze your credit.

Fund Managers Targeted in Sophisticated Cyberattacks

Data Matters

standard login passwords). hardware tokens and one-time passwords). Note, however, that a dual-password model constitutes only one factor (i.e., Insurance: The firm should communicate with its insurance company and review policy coverage. Insurance should be specifically evaluated with potential cyberattacks and data breach in mind.

Fund Managers Targeted in Sophisticated Cyberattacks

Data Matters

standard login passwords). hardware tokens and one-time passwords). Note, however, that a dual-password model constitutes only one factor (i.e., Insurance: The firm should communicate with its insurance company and review policy coverage. Insurance should be specifically evaluated with potential cyberattacks and data breach in mind.

How Many States Have Outlawed Ransomware? You May Be Shocked: Cybersecurity Trends

eDiscovery Daily

This while the Insurance Journal reported (via Reuters – hat tip again to Ride the Lightning) last week that U.S. insurers are ramping up cyber-insurance rates by as much as 25% and trying to curb exposure to vulnerable customers after a surge of costly claims.

11 cyber security predictions for 2020

IT Governance

Cyber insurance has in some regions encouraged victims to pay as it is cheaper than remediation in some cases. Weak passwords will continue to be exploited as attackers monetise credentials.

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MY TAKE: Massive Marriott breach continues seemingly endless run of successful hacks

The Last Watchdog

Office of Personnel Management , I’ve had insurance coverage from Premera Blue Cross and I’ve stayed at the Marriott Marquis in San Francisco. A single neglected server that was not protected by a dual password scheme was the last line of defense standing between the hacker and the exposed data. I have a Yahoo email account, I’ve shopped at Home Depot and Target , my father was in the military and had a security clearance, which included a dossier on his family, archived at the U.S.

Know your enemy – understanding the 7 different types of data breaches

IT Governance

Cyber attacks can come in various forms, including denial of service, malware and password attacks. Crooks might adopt the seemingly legitimate credentials of such companies as insurers, banks, etc.