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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

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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 Bites Dental Data Backup Firm

Krebs on Security

based PerCSoft is a cloud management provider for Digital Dental Record (DDR), which operates an online data backup service called DDS Safe that archives medical records, charts, insurance documents and other personal information for various dental offices across the United States. West Allis, Wis.-based

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Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing

Thales Cloud Protection & Licensing

Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing. As a result, data has become a critical asset for companies and governments alike, as well as the primary target for nefarious actors and nation states. Data privacy is not a check-the-box compliance or security item. Tue, 12/22/2020 - 10:08.

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Data privacy examples

IBM Big Data Hub

Learn how organizations can use IBM Guardium® Data Protection software to monitor data wherever it is and enforce security policies in near real time. The UK Data Protection Act 2018 The Data Protection Act 2018 is, essentially, the UK’s version of the GDPR.

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List of data breaches and cyber attacks in August 2020 – 36.6 million records breached

IT Governance

There were a massive 99 data breaches and cyber attacks in August, making it the third-biggest monthly total of the year by number of security incidents. But, by contrast, only 36,673,575 records were confirmed to have been leaked, which is the fewest we’ve recorded since May 2018. Cyber attacks. Hitachi Chemical Co. Cyber attacks.

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Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Raising awareness about ransomware is a baseline security measure. As training sessions have little influence over staff for every potential attack, it makes added security more imperative.