Krebs on Security

JULY 24, 2018

Now the financial institution is suing its insurance provider for refusing to fully cover the losses. According to a lawsuit filed last month in the Western District of Virginia, the first heist took place in late May 2016, after an employee at The National Bank of Blacksburg fell victim to a targeted phishing email. million total.

Insurance 198

Insurance Computer and Electronics Phishing Access 198

Andrew Hay

JULY 26, 2018

Though the breaches are concerning, the real story is that the financial institution suing its insurance provider for refusing to fully cover the losses. The first was a “computer and electronic crime” (C&E) rider that had a single loss limit liability of $8 million, with a $125,000 deductible.

Insurance 45

Insurance Computer and Electronics Information Security Security 45

Krebs on Security

DECEMBER 29, 2022

You just knew 2022 was going to be The Year of Crypto Grift when two of the world’s most popular antivirus makers — Norton and Avira — kicked things off by installing cryptocurrency mining programs on customer computers. ” The employees who kept things running for RSOCKS, circa 2016. In 2016, while the U.S.

Passwords 287

Passwords Ransomware Computer and Electronics Access 287

Hunton Privacy

OCTOBER 25, 2016

On October 18, 2016, the United States Court of Appeals for the Fifth Circuit held in Apache Corp. Apache recouped a portion of the payments from its bank and attempted to recover the balance from its insurer. Apache was insured under a crime-protection insurance policy issued by Great American Insurance Company (“GAIC”).

Computer and Electronics 40

Computer and Electronics Insurance IT Cybersecurity 40

Hunton Privacy

OCTOBER 22, 2018

Three years ago, in February 2015, OCR opened a compliance review of Anthem, the nation’s second largest health insurer, following media reports that Anthem had suffered a significant cyberattack. million, which OCR imposed in 2016 against Advocate Health Care Network. prevent unauthorized access to ePHI.

Computer and Electronics 63

Computer and Electronics Passwords Data breaches Compliance 63

Hunton Privacy

NOVEMBER 30, 2016

On November 22, 2016, the Department of Health and Human Services (“HHS”) announced a $650,000 settlement with University of Massachusetts Amherst (“UMass”), resulting from alleged violations of the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) Privacy and Security Rules. .

Computer and Electronics 40

Computer and Electronics Insurance Privacy Risk 40

eDiscovery Daily

FEBRUARY 18, 2019

In this employment discrimination case involving claims of sexual harassment, the plaintiff was injured in 2016 in a physical confrontation with her supervisor (who was also the alleged harasser) and the confrontation was recorded on one of defendant’s surveillance cameras. Case Background.

e-Discovery 43

e-Discovery Computer and Electronics Insurance Education 43