Data Matters

SEPTEMBER 20, 2021

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. The changes are effective December 31, 2021.

Insurance 88

Insurance e-Delivery Paper Sales 88

The Last Watchdog

JULY 13, 2023

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. The perceived threat of cyber risk to global business leaders peaked in 2021 (34%) and over the past two years, the risk perception has dropped (27%).

Risk 189

Risk Insurance Energy and Utilities Marketing 189

Krebs on Security

JANUARY 26, 2024

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

Ransomware 242

Ransomware Retail Insurance Government 242

IT Governance

JUNE 1, 2021

Doncaster-based One Call Insurance hit by ransomware (unknown) Ransomware attack on Swiss Cloud Computing AG (6,500) Wolfe Eye Clinic victim of Lorenz threat actors (unknown) One of the US’s largest pipelines shuts down to contain cyber security breach (unknown) J. Find out more. Ransomware.

Data breaches 124

Data breaches Ransomware Insurance Energy and Utilities 124

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78

IT Governance

JUNE 1, 2023

However, cyber security researcher Andrea Draghetti discovered that the information was exfiltrated on 16 Match 2021, and concluded that the data might likely came from a separate, previously undisclosed data breach. Additionally, billing information, insurance numbers and other financial details were stolen in the attack.

Data breaches 122

Data breaches Insurance Personal data Ransomware 122

IT Governance

FEBRUARY 14, 2024

Compromised data includes policyholders’ and their families’ civil status, dates of birth and social security numbers, as well as the name of their health insurer and information relating to their contracts. TB KSA Architecture Source New Construction and real estate USA Yes 1.5 TB Cole, Cole, Easley & Sciba Source New Legal USA Yes 1.5

Data Privacy 52

Data Privacy Manufacturing Privacy Security 52