Remove 2019 Remove Authentication Remove Insurance Remove Security
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Experian’s Credit Freeze Security is Still a Joke

Krebs on Security

Last week, KrebsOnSecurity heard from a reader who had his freeze thawed without authorization through Experian’s website, and it reminded me of how truly broken authentication and security remains in the credit bureau space. “They’re allowing this huge security gap so they can make a profit. and $24.99

Security 321
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Ohio Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”.

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South Carolina Becomes the First State to Enact the National Association of Insurance Commissioners (NAIC) Insurance Data Security Model Law

Data Matters

In October 2017, the National Association of Insurance Commissioners (NAIC) adopted an Insurance Data Security Model Law. On May 3, 2018, South Carolina became the first state to enact this Model Law, in the form of the South Carolina Insurance Data Security Act (H.B.

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NY Charges First American Financial for Massive Data Leak

Krebs on Security

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. billion in 2019.

Insurance 299
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NY Investigates Exposure of 885 Million Mortgage Documents

Krebs on Security

That measure, which went into effect in March 2019 and is considered among the toughest in the nation, requires financial companies to regularly audit and report on how they protect sensitive data, and provides for fines in cases where violations were reckless or willful. No authentication was needed to access the digitized records.

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New EU Strong Customer Authentication Standards: Implications for Payment Service Providers

Data Matters

Under the revised Payment Services Directive (2015/2366) (PSD2), the European Banking Authority (EBA) and the European Commission were required to develop and adopt regulatory technical standards on strong customer authentication and common and secure open standards of communication. STRONG CUSTOMER AUTHENTICATION. What is SCA?

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UK Information Commissioner’s Office Fines Construction Company £4.4 Million for Breach of Security Obligations

Hunton Privacy

million fine to Interserve Group Limited for failing to keep employee personal data secure, which violates Article 5(1)(f) and Article 32 of the EU General Data Protection Regulation (“GDPR”), during the period of March 2019 to December 2020. On October 24, 2022, the UK Information Commissioner’s Office (“ICO”) issued a £4.4