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Who is Alleged Medibank Hacker Aleksandr Ermakov?

Krebs on Security

Authorities in Australia, the United Kingdom and the United States this week levied financial sanctions against a Russian man accused of stealing data on nearly 10 million customers of the Australian health insurance giant Medibank. It’s not hard to see why. The attackers who broke into Medibank in October 2022 stole 9.7

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Regulatory Update: NAIC Fall 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. The draft revisions include a requirement for producers to act in the “best interest” of a retail customer when making a recommendation of an annuity.

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Regulatory Update: NAIC Fall 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. The draft revisions include a requirement for producers to act in the “best interest” of a retail customer when making a recommendation of an annuity.

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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

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The Week in Cyber Security and Data Privacy: 22 – 28 January 2024

IT Governance

Source (New) Retail USA Yes 2,588,849 Keenan & Associates Source 1 ; source 2 (Update) Insurance USA Yes 1,509,616 AGC Group Source (New) Manufacturing Japan Yes 1.5 Data breached: 2 PB. TB Four Hands Source (New) Manufacturing USA Yes 1.5 TB UK forex customers Source (New) Finance UK Yes 1,001,214 A.N.S.

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

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List of data breaches and cyber attacks in December 2019 – 627 million records breached

IT Governance

The new year – and new decade – is underway, but before saying goodbye to 2019, we have one more monthly round-up to get to. Singapore-based retailer Love, Bonito apologises to customers after malware infection (unknown). Canadian insurance firm Andrew Agencies struck by ransomware (unknown). Henry Co.,