Security Affairs

DECEMBER 1, 2023

A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. Qakbot , also known as QBot, QuackBot and Pinkslipbot, is an info-stealing malware that has been active since 2008. ” reads the Elliptic’s report.

Ransomware 92

Ransomware Blockchain Retail Insurance 92

Hunton Privacy

AUGUST 10, 2022

On July 21, 2022, the National Institute of Standards and Technology (“NIST”) released an updated draft of its HIPAA Security Rule guidance. NIST issued the updated draft guidance to align it with other NIST cybersecurity guidance documents that have been published since the original HIPAA Security Rule guidance was issued in 2008.

Security 64

Security Insurance Cybersecurity Risk 64

Hunton Privacy

FEBRUARY 22, 2017

The stolen laptops contained policyholder electronic Protected Health Information (“ePHI”), including names, addresses, birth dates, insurance identifications and, in some cases, Social Security numbers and clinical data. The relevant company policies were instituted after an unrelated 2008 laptop theft from an employee’s car.

Insurance 45

Insurance Privacy Encryption Passwords 45

Hunton Privacy

JUNE 13, 2023

On June 6, 2023, the Federal Deposit Insurance Corporation (“FDIC”), the Board of Governors of the Federal Reserve System (“FRB”) and the Office of the Comptroller of the Currency (“OCC”) issued their final Interagency Guidance on Third-Party Relationships (“Guidance”).

Risk 64

Risk Insurance Compliance Information Security 64

Hunton Privacy

FEBRUARY 3, 2017

million civil monetary penalty against Children’s Medical Center of Dallas (“Children’s”) for alleged ongoing violations of the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) Privacy and Security Rules, following two consecutive breaches of patient electronic protected health information (“ePHI”).

Privacy 40

Privacy Security Insurance Encryption 40

Hunton Privacy

JULY 22, 2009

HSBC Life UK Limited (HSBC Life) was fined £1,610,000, HSBC Actuaries and Consultants Limited (HSBC Actuaries) was fined £875,000 and HSBC Insurance Brokers Limited (HSBC Insurance Brokers) was fined £700,000. The fine is the highest to date in the UK and reflects a 30% discount for cooperating with the FSA.

Security 40

Security Insurance Data breaches Personal data 40

Data Matters

NOVEMBER 16, 2017

Cybersecurity insurance was a relatively new—and far from prevalent—concept. It follows that when buying a company to get its innovative technologies or data, it is helpful to know if rogue actors have already stolen or compromised that information. To say that’s changed is an understatement. Cybersecurity Risk in the Boardroom.

Data breaches 60

Data breaches Cybersecurity Risk Compliance 60