Krebs on Security

OCTOBER 24, 2019

It’s worth noting that the MyPayrollHR fraud wasn’t the first time Cachet has been tripped up by the demise of a payroll company: In 2016, the collapse of Monterey, Calif. The government alleges Mann was kiting millions of dollars in checks between his accounts at Bank of American and Pioneer from Aug. But, on Sept.

Communications 184

Communications Financial Services Insurance Risk 184

The Last Watchdog

SEPTEMBER 20, 2019

Local government agencies remain acutely exposed to being hacked. However, at this moment in history, two particularly worrisome types of cyber attacks are cycling up and hitting local government entities hard: ransomware sieges and election tampering. That’s long been true.

Ransomware 153

Ransomware Government Security Retail 153

IT Governance

NOVEMBER 28, 2018

To highlight the importance and usefulness of the Cyber Essentials scheme, we’ve produced a series of blog posts summarising each of the five security controls that, according to the UK government, could prevent “around 80% of cyber attacks”. Reduce cyber insurance premiums. This blog covers malware. A long and varied list of threats.

Security 103

Security Ransomware Government Access 103

IT Governance

MARCH 20, 2024

Possible reasons for this trend change Reasons for organisations deprioritising security may include: Rising costs and economic uncertainty; Geopolitical tensions and uncertainty; and Fewer UK businesses identifying attacks or breaches, according to government data. % It also helps ensure your other measures get properly implemented.

Security 106

Security Data breaches Government Insurance 106

Collibra

JANUARY 14, 2022

When GDPR (General Data Protection Regulation) came into effect in 2016, organizations took time to understand and plan their compliance efforts. HIPAA (Health Insurance Portability and Accountability Act), as an example, requires protecting sensitive patient health information from being disclosed without the patient’s consent or knowledge.

Compliance 52

Compliance Government GDPR Personal data 52

The Last Watchdog

AUGUST 22, 2019

On one hand, threat actors have already begun exploiting fresh attack vectors, borne of this rising complexity, and, on the other, government authorities and industry standards bodies are insisting on compliance with increasingly cumbersome data-handling security rules. it’s almost a perfect storm.

Digital transformation 147

Digital transformation Compliance Risk Security 147

CGI

JUNE 14, 2016

Cybersecurity in the boardroom: 7 steps to improve cyber governance. Tue, 06/14/2016 - 08:00. High-profile incidents coupled with increasing government focus are raising awareness of the extent and potential impact of cybersecurity breaches. kathy.jacquay@…. Add new comment.

Cybersecurity 40

Cybersecurity Government Retail Insurance 40

CGI

JUNE 15, 2016

Cybersecurity in the boardroom: 7 steps to improve cyber governance. Wed, 06/15/2016 - 08:45. High-profile incidents coupled with increasing government focus are raising awareness of the extent and potential impact of cybersecurity breaches. Add new comment.

Cybersecurity 40

Cybersecurity Government Retail Insurance 40

Hunton Privacy

OCTOBER 19, 2016

On October 19, 2016, the Federal Deposit Insurance Corporation (“FDIC”), the Federal Reserve System (the “Fed”) and Office of the Comptroller of the Currency issued an advance notice of proposed rulemaking suggesting new cybersecurity regulations for banks with assets totaling more than $50 billion (the “Proposed Standards”).

Cybersecurity 63

Cybersecurity Risk Insurance Marketing 63

eSecurity Planet

AUGUST 27, 2021

Also known as vendor risk management (VRM), TPRM goes beyond the general risk management and governance, risk, and compliance (GRC) solutions by specializing in the onboarding, risk assessment, and due diligence for organizations working with third parties. Black Kite Cyber Risk Rating System. OneTrust Vendorpedia. Prevalent TPRM Platform.

Risk 131

Risk Compliance Marketing Cybersecurity 131

IBM Big Data Hub

SEPTEMBER 11, 2023

IBM and AWS have been working together since 2016 to provide secure, automated solutions for hybrid cloud environments. Multiple query engines, built-in governance, and hybrid cloud deployment models further elevate its capabilities. One notable example is a prominent Japanese insurance company that leveraged Db2 PureScale on AWS.

Customer Experience 104

Customer Experience Cloud Data migration Digital transformation 104

eSecurity Planet

APRIL 26, 2022

Company Sector Year Status Verodin Cybersecurity analytics 2018 Acquired by FireEye Kenna Security Risk management 2018 Acquired by Cisco PhishMe Incident response 2016 Acquired: P.E. Named after the infamous string of nation-state cyber attacks during the late 2000s, NightDragon was established in 2016 by former McAfee CEO Dave DeWalt.

Cybersecurity 129

Cybersecurity Cloud Marketing Security 129

Hunton Privacy

MAY 16, 2017

A wide range of industries have been impacted by the attack, including businesses, hospitals, utilities and government entities around the world. Affected entities also may face lawsuits from their business partners whose data is involved in the attack, and often battle insurers over coverage of costs associated with the attack.

Ransomware 61

Ransomware Insurance Access Information Security 61

eSecurity Planet

FEBRUARY 16, 2021

Only 38% of state and local government employees are trained for ransomware prevention, and only 29% of small businesses have experience with ransomware ( IBM ). In 2019, the municipal government of New Orleans was forced to declare a state of emergency and paid over $7 million. Statistics. Ransomware Types.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

eSecurity Planet

MARCH 28, 2023

Microsoft Azure Microsoft Hyper-V 2016/2019 R2/2019 VMware ESXi up to 7.0 Ubuntu 18.04, and Ubuntu 20.04 Clusters of physical and virtual appliances can be deployed to expand reach or improve resilience through redundancy.

Authentication 117

Authentication Access IoT MDM 117

Hunton Privacy

JANUARY 16, 2019

Because employer-sponsored health plans are HIPAA-covered entities, any PHI held by a self-insured plan and subject to HIPAA will be outside the reach of the CCPA. In general, ERISA preempts state laws that govern a central matter of plan administration or that impermissibly interfere with nationally uniform plan administration.

Insurance 50

Insurance Data collection Privacy IT 50

Data Matters

OCTOBER 8, 2020

According to OFAC, ransomware attacks have been increasing over the last two years and are a special risk during the COVID-19 pandemic, with cybercriminals targeting not only large corporations but also small to medium enterprises, hospitals, schools, and local government agencies. Since 2015, the U.S. Notable sanctions designations include.

Ransomware 68

Ransomware Compliance Risk Government 68

Hunton Privacy

SEPTEMBER 19, 2016

On September 15, 2016, the New Jersey Senate unanimously approved a bill that seeks to limit retailers’ ability to collect and use personal data contained on consumers’ driver and non-driver identification cards. The bill, known as the Personal Information and Privacy Protection Act , must now be approved by the New Jersey Assembly.

Privacy 45

Privacy Retail Personal data Insurance 45

Hunton Privacy

APRIL 8, 2016

On April 4, 2016, Hunton & Williams LLP announced the formation of a Cyber and Physical Security Task Force to assist companies in minimizing the risks and consequences of a serious security incident. Team helps companies devise legal strategies to enhance security and mitigate threat risk.

Security 40

Security Cybersecurity Risk Insurance 40

Ascent Innovations

MAY 17, 2018

Few unexpected nation states are rising in the ranks of sponsored attackers, including spying on thousands of people across 20 countries via an Android malware campaign, and another one infiltrated Russia’s Cozy Bear liar and uncovered the hack of DNC during the 2016 elections. Cyber-social.

Energy and Utilities 40

Energy and Utilities IoT Mining Financial Services 40

eSecurity Planet

JULY 8, 2022

The global cost of ransomware has risen from $325 million to $20 billion from 2016 to 2021, and on average, only 65% of encrypted data was restored after a ransom was paid. It provides a way to centrally protect and govern data across multiple software-as-a-service (SaaS) applications. RPOs are measured in seconds. Key Differentiators.

Ransomware 142

Ransomware Cloud Encryption Marketing 142

CGI

MAY 26, 2016

Fri, 05/27/2016 - 00:37. Overlapping SEC and FINRA cybersecurity-related requirements target the following areas: Governance and risk assessment. The NIST Framework reflects the recommendations of hundreds of businesses and government organizations. Financial institutions in the U.S. regulators’ state of mind. . Impacted areas.

Cybersecurity 40

Cybersecurity Risk Financial Services Compliance 40

CGI

JUNE 15, 2016

Wed, 06/15/2016 - 06:57. For Example: Insurance. Local Government. Central Government. Now is the time for your organisation to pilot Robotic Process Automation. p.butler@cgi.com. Zuboff’s Laws…. Everything that can be automated will be automated”. Everything that can be informated will be informated". Financial Services.

Financial Services 40

Financial Services Retail Insurance Government 40

InfoGovNuggets

APRIL 21, 2018

Wells Fargo is about to be (has been) fined close to $1 billion for irregularities regarding auto loans, auto insurance, and mortgage loans. This is in addition to the $185 million for the account cramming scandal in 2016, where the bank opened new accounts and credit cards that consumers did not request. This is the civil side.

Insurance 28

Insurance Risk Compliance Government 28

Hunton Privacy

MARCH 22, 2016

On March 16, 2016, and March 17, 2016, respectively, the Department of Health and Human Services (“HHS”) announced resolution agreements with North Memorial Health Care of Minnesota (“North Memorial”) and The Feinstein Institute for Medical Research (“Feinstein Institute”) over potential violations of the HIPAA Privacy Rule.

Computer and Electronics 40

Computer and Electronics Risk Passwords Privacy 40

IBM Big Data Hub

APRIL 5, 2023

Following this standardisation, IBM Consulting won multiple HR awards including the SingHealth Enterprise award for its commitment as a “Partner in Our Success” Moving to the cloud securely In 2016, SingHealth needed a better way to store, manage and process an ever-increasing amount of healthcare-related data.

Digital transformation 60

Digital transformation Compliance Cloud Insurance 60

CGI

DECEMBER 12, 2016

Mon, 12/12/2016 - 22:35. Trade finance, whether conducted on a domestic or international basis, can be a paper-intensive, costly and risk-laden proposition, involving not just companies importing and exporting goods and services but also their banks, insurers and others. Riding the blockchain wave in trade finance. ravi.kumarv@cgi.com.

Blockchain 40

Blockchain Digital transformation Paper Insurance 40

CGI

JULY 20, 2018

As someone engaged with blockchain projects since 2016 in CGI’s Trade Innovation Lab (and countless emerging technology projects before that), my experience is that blockchain is making the leap from experimental to production-ready solutions. In fact, NASDAQ developed an exchange for private securities called Linq in 2015. Add new comment.

Blockchain 45

Blockchain Financial Services Insurance Manufacturing 45

CGI

MAY 15, 2018

As someone engaged with blockchain projects since 2016 in CGI’s Trade Innovation Lab (and countless emerging technology projects before that), it feels as though blockchain is now making the leap from experimental to production-ready solutions. In fact, NASDAQ developed an exchange for private securities called Linq in 2015.

Blockchain 40

Blockchain Financial Services Insurance Manufacturing 40

CGI

JULY 28, 2018

As someone engaged with blockchain projects since 2016 in CGI’s Trade Innovation Lab (and countless emerging technology projects before that), my experience is that blockchain is making the leap from experimental to production-ready solutions. In fact, NASDAQ developed an exchange for private securities called Linq in 2015. Add new comment.

Blockchain 40

Blockchain Financial Services Insurance Manufacturing 40

HL Chronicle of Data Protection

MARCH 14, 2019

The proposed amendments follow the FTC’s receipt of public comments in 2016 regarding the Safeguards Rule as part of the FTC’s regular review cycle. Board reporting. Periodic risk assessments.

Privacy 40

Privacy Risk Cybersecurity Information Security 40

Data Matters

APRIL 23, 2018

Increasingly, thought leaders, professional organizations, and government agencies are beginning to provide answers. Creating an enterprise-wide governance structure. Creating an Enterprise-Wide Governance Structure. Aligning cyber risk with corporate strategy. Principle 5.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

Data Matters

DECEMBER 20, 2019

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. NAIC Advances Accreditation Standard Process for Revised Credit for Reinsurance Model Law and Regulation, and Term and Universal Life Insurance Reserve Financing Model Regulation.

Insurance 60

Insurance Risk Artificial Intelligence Privacy 60

Data Matters

DECEMBER 20, 2019

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. NAIC Advances Accreditation Standard Process for Revised Credit for Reinsurance Model Law and Regulation, and Term and Universal Life Insurance Reserve Financing Model Regulation.

Insurance 60

Insurance Risk Artificial Intelligence Privacy 60

eSecurity Planet

JANUARY 11, 2022

Open Raven analyzes data at rest, classifies inventory, and automates data governance as these become critical capabilities for the hybrid infrastructure’s security posture. With robust encryption policies, Evervault can help reduce insurance premiums and offers PCI-DSS and HIPAA compliance automation. Perimeter 81. JupiterOne.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142

IT Governance

JANUARY 3, 2020

Hackers break into government system used by the country’s schools (unknown). Chinese government-linked hacking group has been bypassing 2FA in a wave of attacks (unknown). East Greenwich, RI, government systems offline after ransomware attack (unknown). Galt, CA, government suffers ransomware attack (unknown).

Data breaches 116

Data breaches Ransomware Phishing Government 116

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 147

Risk Financial Services Insurance Cybersecurity 147