2017 2023 Insurance IT 
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.
Hunton Privacy
NOVEMBER 8, 2023
On November 1, 2023, New York Governor Hochul announced that the New York State Department of Financial Services (“NYDFS”) amended its Cybersecurity Regulation applicable to covered financial institutions. Notably, however, the new reporting requirements will take effect sooner, on December 1, 2023.
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IT Governance
OCTOBER 31, 2023
Publicly disclosed data breaches and cyber attacks France says Russian state hackers breached numerous critical networks Date of breach: From second half of 2021 (reported 26 October 2023). Thousands of drivers have sensitive data exposed to hackers in major IT breach Date of breach: Unclear, but breached documents date back to 2017.
Security Affairs
NOVEMBER 6, 2018
Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?
Thales Cloud Protection & Licensing
OCTOBER 24, 2024
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.
Info Source
MAY 30, 2024
Ralph Gammon, Senior Analyst at Infosource May 2024 Ripcord first came onto our radar in 2017, most notably for innovative high-volume scanners, but it also had some early artificial intelligence (AI) powered technology for providing cloud-based Capture, Intelligent Document Processing (IDP) and Content Services to its outsourcing customers.
Hunton Privacy
NOVEMBER 13, 2023
On April 22, 2019, HHS began investigating DMS after receiving a breach notification indicating that DMS’ network server was infected by the Gandcrab ransomware in April 2017. DMS did not detect the attack until after the ransomware was used to encrypt its files in December 2018.
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