The Last Watchdog

JANUARY 20, 2020

To help mitigate the risk of financial losses, more companies are turning to cyber insurance. Related: Bots attack business logic Cyber insurance, like other forms of business insurance, is a way for companies to transfer some of numerous potential liability hits associated specifically with IT infrastructure and IT activities.

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Insurance Data breaches Cybersecurity Risk 222

Security Affairs

JANUARY 18, 2023

Researchers found about 435,000 payslips, 300 tax filings, 3,800 insurance payment documents, and 21,000 salary sheets belonging to various companies using the HR platform’s services. The post Myrocket HR platform’s data leak turns into privacy nightmare for employees appeared first on Security Affairs. Pierluigi Paganini.

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Privacy Insurance Personal data Access 246

Security Affairs

JULY 21, 2021

Experts found a DB containing sensitive health insurance data belonging to customers of US insurance giant Humana. An SQL database containing what appears to be highly sensitive health insurance data of more than 6,000 patients has been leaked on a popular hacker forum.

Insurance 312

Insurance Passwords Libraries Access 312

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

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Insurance Ransomware Cybersecurity Marketing 119

Data Breach Today

MAY 30, 2018

Health Insurer Sues Organizations That Represented HIV Patients in Earlier Privacy Dispute A messy legal case involving a 2017 privacy breach that has already cost Aetna about $20 million in settlements has taken yet another twist.

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Privacy Insurance 145

Schneier on Security

MARCH 14, 2024

Some drivers may not realize that, if they turn on these features, the car companies then give information about how they drive to data brokers like LexisNexis [who then sell it to insurance companies].

Insurance 140

Insurance Privacy Access IT 140

IT Governance

MAY 24, 2022

One of the most common ways to mitigate the risk of a cyber security incident is cyber insurance. These activities aren’t typically included in standard business insurance policies, which tend to only cover costs related to technical issues, such as corrupted hard drives and lost devices. The benefits of cyber insurance.

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Insurance Data breaches GDPR Ransomware 137

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.

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Insurance Privacy Security 278

IG Guru

JUNE 27, 2024

Check out the article here The post Cyber and data privacy insurance trends in an era of increased regulation via Reuters first appeared on IG GURU.

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Data Privacy Insurance Privacy Security 94

The Last Watchdog

JUNE 9, 2022

A criminal exploiting someone’s medical or insurance details to make fraudulent claims is known as medical identity theft. Because the scammer’s health records are linked to the victims’ information, it may not be easy to qualify for insurance in the future.

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Privacy Security Phishing Insurance 274

Data Matters

FEBRUARY 2, 2021

The National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law has been adopted in at least 11 states, with several others (including New York) having implemented either older or similar laws or administrative guidance. appeared first on Data Matters Privacy Blog. See MCL § 500.555(9).).

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Insurance Security Compliance Privacy 114

The Guardian Data Protection

NOVEMBER 11, 2023

Observer investigation reveals UK Biobank opened its biomedical database to insurance firms despite pledge it would not do so Sensitive health information donated for medical research by half a million UK citizens has been shared with insurance companies despite a pledge that it would not be. Continue reading.

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Insurance Data Privacy Privacy Risk 111

Security Affairs

NOVEMBER 14, 2022

Add to that, there is the risk of penalties and fines (which are not insurable in most jurisdictions) not only under privacy and data protection regulations but also on the basis of cybersecurity regulations that are now proliferating. What should directors do if a cyberattack happens to the company?

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Insurance Risk Ransomware Encryption 358

Security Affairs

FEBRUARY 8, 2024

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Privacy Compliance: By 2024, 40% of privacy tools will rely on AI, highlighting its expanding role in ensuring data privacy and meeting regulations. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45

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Security IoT Phishing Ransomware 357

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. GDPR-style data privacy laws came to the U.S. with the California Consumer Privacy Act (CCPA) effective Jan.

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Data Privacy Compliance Privacy Security 145

Hunton Privacy

MAY 4, 2022

In April 2022, two states enacted insurance data security legislation based on the National Association of Insurance Commissioners (“NAIC”) Insurance Data Security Model Law (MDL-668).

Insurance 110

Insurance Security Information Security Compliance 110

Security Affairs

OCTOBER 20, 2022

Privacy experts pointed out that the Meta Pixel code, which is also used by many other hospitals, sends sensitive data to Meta that uses them for marketing purposes. Advocate Aurora Health recommends patients block or delete cookies or using browsers that support privacy-protecting operations. Pierluigi Paganini.

Data breaches 349

Data breaches Personal data Insurance Privacy 349

Security Affairs

OCTOBER 20, 2024

CISA adds Veeam Backup and Replication flaw to its Known Exploited Vulnerabilities catalog North Korea-linked APT37 exploited IE zero-day in a recent attack Omni Family Health data breach impacts 468,344 individuals Iran-linked actors target critical infrastructure organizations macOS HM Surf flaw in TCC allows bypass Safari privacy settings Two Sudanese (..)

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Security Data breaches Ransomware Marketing 298

Security Affairs

NOVEMBER 10, 2023

Exposed information varied by individual and may include some combination of certain individuals’ names, social Security number, health insurance information, date of birth, and medical information. Protecting the privacy and interests of your customers is nothing more than lip service. million of their patients.

Data breaches 345

Data breaches Ransomware Insurance Manufacturing 345

Security Affairs

MAY 9, 2019

The group is also responsible for the 2015 Health Insurer Anthem data breach. The US Department of Justice indicted Fujie Wang (32), a member of sophisticated Chinese hacking group that breached at several US companies, including the health insurer Anthem Inc. back in 2015. ” reads the press release published by DoJ.

Insurance 259

Insurance Data breaches Phishing Privacy 259

Krebs on Security

JUNE 18, 2021

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

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Insurance Risk Financial Services Mining 333

Data Breach Today

OCTOBER 15, 2018

Cases Involved Mailings That Potentially Exposed Sensitive Health Information Health insurer Aetna is still paying the price for two 2017 privacy breaches involving mailings that potentially exposed HIV and cardiac condition information about thousands of individuals. Here's the latest update.

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Insurance Privacy 200

Security Affairs

JUNE 2, 2023

In April, the non-profit health insurer Point32Health took systems offline in response to a ransomware attack that took place on April 17. The insurer immediately launched an investigation into the incident with the help of third-party cybersecurity experts to determine the extent of the incident. between June 2020 and present.

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Ransomware Insurance Data breaches Cybersecurity 246

The Last Watchdog

DECEMBER 18, 2024

Srivatsav Ravi Srivatsav , CEO, DataKrypto Non-compliance with regulations, such as the European Unions General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), risks severe penalties. state privacy laws, the EUs governance of ethical AI deployment, and updated regulations in India and Japan.

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Compliance Cybersecurity Risk Privacy 130

Security Affairs

JANUARY 7, 2024

Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4 Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Artificial Intelligence 315

Artificial Intelligence Security Data breaches Ransomware 315

The Last Watchdog

AUGUST 1, 2019

That includes social security and social insurance numbers, bank account numbers, phone numbers, birth dates, email addresses and self-reported income; in short, just about everything on an identity thief’s wish list. Best security and privacy practices on everyone’s part is more imperative than ever.

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Data Privacy Privacy Data breaches Cloud 198

The Last Watchdog

NOVEMBER 12, 2024

This could dovetail with a national information privacy law. We have the benefit of learning from GDPR in Europe as well as other flavors of privacy laws in Canada, Utah, Virginia and other jurisdictions. Other companies may continue to rely on hiding the ball, scapegoating and relying on insurance to cover the losses.

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Cybersecurity Risk Government Compliance 263

Data Matters

APRIL 15, 2025

Since then, financial entities (such as banks, insurance companies and investment firms) and their ICT third-party service providers operating in the EU have been - directly or indirectly - subject to the new regime. The European Unions ( EU ) Digital Operational Resilience Act ( DORA ) became effective on 17 January 2025.

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Insurance Compliance Privacy Cybersecurity 88

Hunton Privacy

JUNE 9, 2022

515 , making Vermont the twenty-first state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). On May 27, 2022, Vermont Governor Phil Scott signed H.515 Information Security Program Requirements.

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Insurance Security Information Security Financial Services 107

The Last Watchdog

APRIL 30, 2019

Related: How NIST protocols fit SMBs The essence of the NIST CSF is showing up in the privacy regulations now being enforced in Europe, as well as in a number of U.S. and the upcoming NIST Privacy Framework. That could be for insurance purposes. “As As with any insurance, cyber insurance really requires due care.”

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Cybersecurity Insurance Security Privacy 173

Data Matters

APRIL 10, 2024

The National Association of Insurance Commissioners (NAIC) held its Spring 2024 National Meeting (Spring Meeting) March 15 through 18, 2024. The post Regulatory Update: National Association of Insurance Commissioners Spring 2024 National Meeting appeared first on Data Matters Privacy Blog.

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Insurance Privacy Security IT 88

Hunton Privacy

MAY 10, 2022

On May 10, 2022, Connecticut Governor Ned Lamont signed An Act Concerning Personal Data Privacy and Online Monitoring , after the law was previously passed by the Connecticut General Assembly in April. Connecticut is now the fifth state to enact a consumer privacy law. As with most of the existing U.S.

Privacy 118

Privacy Personal data B2B Sales 118

Security Affairs

APRIL 16, 2019

We take consumers’ privacy very seriously, and we are committed to keeping our members’ data secure,” said Blue Cross of Idaho Executive Vice President Paul Zurlo. “We Blue Cross of Idaho announced to have suffered a data breach, hackers accessed to the personal information of about 5,600 customers.

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Data breaches Insurance Personal data Privacy 269

Krebs on Security

JUNE 4, 2019

AMCA has advised LabCorp that Social Security Numbers and insurance identification information are not stored or maintained for LabCorp consumers.” We remain committed to our system’s security, data privacy, and the protection of personal information.” We have also advised law enforcement of this incident. ” ANALYSIS.

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Insurance Security Data Privacy Access 268

Security Affairs

JUNE 18, 2024

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. This ROI makes ransomware a compelling business model for criminals, so it is soaring in popularity.

Ransomware 355

Ransomware Insurance Cybersecurity B2B 355

Security Affairs

APRIL 25, 2021

Monero Cryptocurrency campaign exploits ProxyLogon flaws Codecov was a victim of a supply chain attack Crooks made more than $560K with a simple clipboard hijacker Experts demonstrated how to hack a utility and take over a smart meter Nitroransomware demands gift codes as ransom payments XCSSET malware now targets macOS 11 and M1-based Macs Critical (..)

Security 257

Security Ransomware Insurance Privacy 257

Security Affairs

DECEMBER 18, 2019

LifeLabs has also reported the incident privacy commissioners and government partners. ” LifeLabs is offering cybersecurity protection services to its customers, including identity theft and fraud protection insurance. LifeLabs CEO Charles Brown apologized for the security incident. ” said Brown.

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Data breaches Insurance Passwords Access 228