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Crooks stole driver’s license numbers from Geico auto insurer

Security Affairs

Car insurance provider Geico has suffered a data breach, attackers have stolen the driver’s licenses for policyholders for several weeks. Geico, the second-largest auto insurer in the U.S., Geico, the second-largest auto insurer in the U.S., Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini.

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Merck Wins Insurance Lawsuit re NotPetya Attack

Schneier on Security

The insurance company Ace American has to pay for the losses: On 6th December 2021, the New Jersey Superior Court granted partial summary judgment (attached) in favour of Merck and International Indemnity, declaring that the War or Hostile Acts exclusion was inapplicable to the dispute. Merck suffered US$1.4 Merck suffered US$1.4

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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. 2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. Insurers should: Establish a Formal Cyber Insurance Risk Strategy.

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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

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Ransomware Protection in 2021

eSecurity Planet

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

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Karma Catches Up to Global Phishing Service 16Shop

Krebs on Security

The international police organization INTERPOL said last week it had shuttered the notorious 16Shop, a popular phishing-as-a-service platform launched in 2017 that made it simple for even complete novices to conduct complex and convincing phishing scams. A 16Shop phishing page spoofing Apple and targeting Japanese users. Image: Akamai.com.

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New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024

Thales Cloud Protection & Licensing

These new rules date back to March 1, 2017, when the NYDFS implemented comprehensive cybersecurity regulations for financial services companies and other covered entities. The regulations were most recently updated on November 1, 2023, with phased effective dates starting on December 1, 2023.