Data Protection Report

MARCH 21, 2023

The French Information and Digital Security Experts Club ( CESIN ) has estimated that 54% of French companies were subject to cyberattacks in 2021, [1] while France Assureurs has put cyberattack risks on top of all other risks for the sixth year in a row. [2] 12-10-1 into the French Insurance code. However, in the end, Article L.12-10-1

Insurance 104

Insurance Data breaches Personal data GDPR 104

IBM Big Data Hub

MAY 1, 2023

In this first of two posts, I investigate the anatomy of artificial intelligence and its impact on insurance. Soon after, AI’s capabilities extended to Speech and Natural Language processing, such as with IBM Watson, and for Image Recognition, which is now ubiquitously used for unlocking phones and other biometric security.

Artificial Intelligence 80

Artificial Intelligence Insurance Risk Personal data 80

Hunton Privacy

DECEMBER 16, 2022

On December 7, 2022, the Federal Trade Commission released an updated Mobile Health App Interactive Tool to help developers determine what federal laws and regulations apply to apps that collect and process health data.

Compliance 108

Compliance Insurance Privacy Access 108

IT Governance

AUGUST 25, 2022

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

Insurance 105

Insurance IT Government Risk 105

IBM Big Data Hub

MAY 8, 2023

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. Usage risk—inaccuracy The performance of an AI system heavily depends on the data from which it learns.

Insurance 71

Insurance Risk Artificial Intelligence Government 71

Hunton Privacy

AUGUST 10, 2023

On July 25, 2023, Hunton published a client alert discussing the importance of cyber and directors and officers (“D&O”) liability insurance for companies and their executives to guard against cyber-related exposures. Securities and Exchange Commission (“SEC”) has adopted new final rules about cyber risk management and incident disclosure.

Insurance 52

Insurance Risk Security Cybersecurity 52

Schneier on Security

SEPTEMBER 10, 2019

Good paper on cybersecurity insurance: both the history and the promise for the future. From the conclusion: Policy makers have long held high hopes for cyber insurance as a tool for improving security. Cyber insurance appears to be a weak form of governance at present.

Insurance 82

Insurance Cybersecurity Risk Paper 82

IT Governance

MARCH 20, 2024

In the UK, cyber security has been dropping down the board’s list of priorities. The UK government’s Cyber Security Breaches Survey 2023 confirms this trend. Fewer directors, trustees and other senior managers of both UK businesses and charities see cyber security as a high priority in 2023 compared to 2022. Specifically, a 13.4%

Security 116

Security Data breaches Government Insurance 116

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

Security Affairs

MARCH 17, 2024

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Data breaches 104

Data breaches Security Computer and Electronics Ransomware 104

Security Affairs

FEBRUARY 25, 2024

Every week the best security articles from Security Affairs are free for you in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Military 94

Military Security Ransomware Insurance 94

IT Governance

DECEMBER 14, 2021

With organisations’ cyber security requirements becoming more complex and the threat of cyber attacks growing each year, many decision-makers are turning towards cyber security as a service. This approach, also known as managed cyber security, works by outsourcing cyber security to a third party. You’ll save money.

Security 131

Security Insurance Data breaches Information Security 131

eSecurity Planet

AUGUST 27, 2021

Cyberattacks caused by supply chain vulnerabilities mean organizations need a renewed perspective on how to address third-party security. In a developing market, third-party risk management (TPRM) software and tools could be the answer to helping organizations fill the gap. Best Third-Party Risk Management (TPRM) Tools.

Risk 130

Risk Compliance Marketing Cybersecurity 130

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR (among other legal requirements in the EU and elsewhere) can expose multinational organizations to hefty financial penalties, additional rules for disclosing data breaches, and increased scrutiny of the adequacy of their data security.

Data Privacy 139

Data Privacy Compliance Privacy Security 139

Hunton Privacy

OCTOBER 14, 2019

Recent headlines underscore the security challenges faced by public-facing businesses. The SAFETY Act, administered by the Department of Homeland Security, is coming of age as an important tool to reduce risk and limit liability. Bruce Cohen, SVP, Client Executive, Lockton Companies.

Insurance 49

Insurance Security Retail Risk 49

IT Governance

JULY 15, 2019

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures.

Insurance 89

Insurance Data breaches Risk Information Security 89

The Last Watchdog

JUNE 2, 2022

Big banks and insurance companies instilled the practice of requesting their third-party vendors to fill out increasingly bloated questionnaires, called bespoke assessments, which they then used as their sole basis for assessing third-party risk. It does this by ingesting and correlating data from a wide array of security-related datasets.

Security 248

Security Risk Digital transformation Cybersecurity 248

The Last Watchdog

AUGUST 8, 2022

Add in an increasing focus on data becoming a crucial enterprise asset—as well as the introduction of countless database and analytical tools, digital twins, artificial intelligence, and machine learning—and we are dealing with unprecedented technical complexities and risk. Access security challenges. Managing scenarios.

Security 210

Security Artificial Intelligence Risk Cybersecurity 210

eSecurity Planet

OCTOBER 18, 2022

The bad news is it doesn’t work most of the time: Paid ransom decryption tools and keys don’t always work. Free decryption tools don’t always work. Paid decryption tools don’t always work. First, call the cyber insurance company that issued the organization’s cybersecurity policy. Ransomware Decryption Tool Options.

Ransomware 131

Ransomware Encryption Insurance Access 131

IT Governance

NOVEMBER 13, 2023

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”. Some patients also had their Social Security numbers exposed.”

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

Rocket Software

NOVEMBER 19, 2020

As our CEO Andy Youniss noted in his letter earlier this month, ConnectIQ is “a robotic process automation (RPA) tool for mainframe environments, and helps companies create new efficiencies by automating the most often repeated, most labor-intensive functions.” . You may not have heard, but Rocket recently acquired ConnectIQ. The post Busy?

Insurance 68

Insurance Financial Services Sales Government 68

IT Governance

SEPTEMBER 1, 2021

Cyber security is becoming an expensive endeavour for organisations – and in many cases, the costs are so high that they can’t deal with threats appropriately. However, it’s one thing to want to invest in cyber security, but something else entirely to set aside the budget to do so. It doesn’t have to be this way, though.

Security 124

Security GDPR Cloud Insurance 124

Thales Cloud Protection & Licensing

NOVEMBER 9, 2021

Evolution of Cloud Security: From Shared Responsibility to Shared Fate. These were just some of the major facets of cloud transformation that are creating challenges for data security that I discussed with Sunil Potti, Vice President and General Manager, Google Cloud in a recent Thales Security Sessions podcast moderated by Neira Jones.

Cloud 123

Cloud Security Encryption Insurance 123

Security Affairs

MAY 3, 2022

The cyperespionage group also uses additional tools, including an LSA notification package and the GUNTERS passive backdoor. “SentinelLabs recently uncovered a cluster of activity targeting the telecommunication sector in Central Asia, utilizing tools and TTPs commonly associated with Chinese APT actors. Pierluigi Paganini.

Security 104

Security Military Insurance Cybersecurity 104

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 117

Risk Financial Services Insurance Cybersecurity 117

eSecurity Planet

FEBRUARY 14, 2023

I remember the first time we were asked for a SOC 2 report, which quickly became the minimum bar requirement in our industry for proof of an effective security program,” he said. The vision was to automate security and compliance across 14 frameworks, including SOC 2, ISO 27001, HIPAA and GDPR. Growth has definitely been robust. “Our

Compliance 96

Compliance Security Cybersecurity Marketing 96

IT Governance

JUNE 9, 2022

Organisations that are looking to bolster their information security practices are often advised to certify to Cyber Essentials – and for good reason. Secure configuration , which helps administrators select appropriate settings for devices and software. When implemented correctly, these controls can prevent about 80% of cyber attacks.

Security 119

Security Insurance Information Security Data breaches 119

Security Affairs

APRIL 25, 2021

Every week the best security articles from Security Affairs free for you in your email box. If you want to receive the weekly Security Affairs Newsletter for free subscribe here. The post Security Affairs newsletter Round 311 appeared first on Security Affairs. Follow me on Twitter: @securityaffairs and Facebook.

Security 81

Security Ransomware Insurance Privacy 81

The Last Watchdog

APRIL 30, 2019

I had the chance at RSA 2019 to visit with George Wrenn, founder and CEO of CyberSaint Security , a cybersecurity software firm that plays directly in this space. And they echo through a wide variety of other risk assessment tools and initiatives that touch on third-party risks and data privacy. That could be for insurance purposes.

Cybersecurity 143

Cybersecurity Insurance Security Privacy 143

eSecurity Planet

JANUARY 21, 2021

Data privacy regulations like the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) can be hard to navigate for businesses of any size, but GRC tools can simplify and streamline compliance with all of the requirements. Contents: Top GRC tools comparison. Top GRC tools comparison.

Compliance 67

Compliance Risk Government Retail 67

Security Affairs

JANUARY 2, 2024

A team of researchers released a suite of tools that could help victims to decrypt data encrypted with by the Black Basta ransomware. Independent security research and consulting team SRLabs discovered a vulnerability in Black Basta ransomware’s encryption algorithm and exploited it to create a free decryptor.

Ransomware 115

Ransomware Encryption Blockchain Insurance 115

The Last Watchdog

SEPTEMBER 7, 2018

Related: HBO hack spurs cyber insurance market. And over the years they’ve also financed security breakthroughs – at the source-code level. These security breakthroughs have not received much mainstream attention. But Hollywood has shelled out multi millions to support the advance of source-code security.

IoT 103

IoT Security Digital transformation Cloud 103

The Last Watchdog

OCTOBER 5, 2023

Byron is the founder and editor-in-chief of The Last Watchdog on Privacy & Security. Byron: To detect deep fakes, organizations can use digital watermarking, AI-driven detection tools, and media provenance tracking. He previously chronicled the emergence of cybercrime while covering Microsoft for USA TODAY.

Cybersecurity 190

Cybersecurity Privacy Cloud IoT 190

IT Governance

MAY 30, 2018

A report published by research and consultancy company Celent highlights the challenges that the GDPR presents to insurers. Insurers are data controllers: a person, public authority, agency or body that determines the purpose of processing personal data. Steps insurers should take to become GDPR compliant.

Insurance 49

Insurance GDPR Compliance Data collection 49

Krebs on Security

AUGUST 17, 2023

The INTERPOL statement says the platform sold hacking tools to compromise more than 70,000 users in 43 countries. For example, in 2019 McAfee found that for targets in Japan, the 16Shop kit would also collect Web ID and Card Password, while US victims will be asked for their Social Security Number.

Phishing 185

Phishing Passwords Insurance Sales 185

Security Affairs

APRIL 30, 2023

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Security 90

Security Ransomware Cybersecurity Authentication 90

Krebs on Security

NOVEMBER 4, 2021

Louis Morton , a security professional based in Fort Worth, Texas, forwarded an SMS phishing or “smishing” message sent to his wife’s mobile device that indicated a package couldn’t be delivered. com — from a desktop web browser redirects the visitor to a harmless page with ads for car insurance quotes. .”

Phishing 299

Phishing Insurance Passwords Privacy 299