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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. The changes are effective December 31, 2021.

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Feds Charge NY Man as BreachForums Boss “Pompompurin”

Krebs on Security

Federal Bureau of Investigation (FBI) this week arrested a New York man on suspicion of running BreachForums , a popular English-language cybercrime forum where some of the world biggest hacked databases routinely show up for sale. Image: News 12 Westchester. FBI agents carting items out of Fitzpatrick’s home on March 15.

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Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Also Read: Best Encryption Tools & Software for 2021. Raising awareness about ransomware is a baseline security measure. A ransomware attack is about as bad as a cyber attack can get.

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Hospitality Chain McMenamins discloses data breach after ransomware attack

Security Affairs

Hospitality chain McMenamins discloses a data breach after a ransomware attack that took place on December 12. According to the company, threat actors have stolen data of individuals employed between July 1, 2010, and December 12, 2021. ” Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini.

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1M compromised cards available for free in the underground market

Security Affairs

Further research revealed that the post was nothing but a very bold ad to scale up the user base of newly established card shop All World Cards, which joined the carding market in May 2021. In the entire batch Group-IB researchers found 810 expired cards, 30 of them expired in June 2021, 780 in July 2021. At least 2.6

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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

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.

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U.S. Banking Agencies Signal Closer Review of Cryptocurrency Activities

Data Matters

On November 23, 2021, the Office of the Comptroller of the Currency ( OCC ) published Interpretative Letter No. The Letter specifically highlights that there may be different legal and compliance obligations for stablecoin activities depending on how the particular stablecoin is structured, noting that “certain stablecoins may be securities.”