Krebs on Security

OCTOBER 28, 2020

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. The company has operations in 25 countries, more than 4,000 employees, and billions in revenue annually.

Security 361

Security Ransomware Agriculture Cybersecurity 361

IT Governance

JANUARY 9, 2020

Cyber insurance has in some regions encouraged victims to pay as it is cheaper than remediation in some cases. Despite the rise in sophisticated attacks, 2020 will continue to see newbies and unskilled attackers using toolkits from the dark web to launch scams (such as sexploitation), and phishing and ransomware attacks.

Security 98

Security IoT Phishing Ransomware 98

Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Data Matters

DECEMBER 28, 2020

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Insurance groups will be exempt from filing a GCC if.

Insurance 68

Insurance Paper Risk Analytics 68

IT Governance

JULY 30, 2024

According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. Back in 2020, most organisations hadn’t planned for a pandemic, for example. Then there’s insurance. In just a few days, between 18 and 22 July, CrowdStrike ($CRWD) lost 23.1%

Insurance 103

Insurance Risk Encryption Manufacturing 103

Data Matters

SEPTEMBER 3, 2020

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . GCC Template and Instructions.

Insurance 68

Insurance Paper Artificial Intelligence Big data 68

Hunton Privacy

FEBRUARY 25, 2021

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.

Insurance 70

Insurance Cybersecurity Risk Education 70

Security Affairs

SEPTEMBER 1, 2020

“The adversary is particularly interested in exploits related to VPNs and network appliances , including CVE-2019-11510, CVE-2019-19781, and most recently CVE-2020-5902; reliance on exploits such as these lends to an opportunistic operational model.” .” reads the report published by Crowdstrike.

Access 129

Access Financial Services Retail Insurance 129

Krebs on Security

DECEMBER 13, 2021

What’s remarkable about this incident is that the HSE is publicly funded by the Irish government, and so in theory it has the money to spend (or raise) to pay for all these ambitious recommendations for increasing their security maturity. In October 2020, KrebsOnSecurity broke the story that the FBI and U.S.

Ransomware 305

Ransomware Cybersecurity Phishing Security 305

IT Governance

DECEMBER 14, 2021

Organisations such as IT Governance that offer cyber security as a service assign dedicated experts to oversee the organisation’s data protection and data privacy needs. According to IBM’s Cost of a Data Breach Report 2020 , organisations spend £2.9 You’ll receive cyber insurance cover ?. You’ll achieve security peace of mind.

Security 130

Security Insurance Data breaches Information Security 130

Krebs on Security

JUNE 30, 2021

According to the FBI, BEC scams netted thieves nearly $2 billion in 2020 — far more than any other type of cybercrime. percent in 2019 to 33 percent in 2020 , according to the National Bureau of Statistics. The nation also is among the world’s most corrupt, according to 2020 findings from Transparency International.

Insurance 284

Insurance IT Education Government 284

Hunton Privacy

JULY 1, 2022

Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation. In addition to the monetary penalty of $5 million, NYDFS also accepted Carnival’s surrender of its insurance producer license; thus, Carnival has ceased selling insurance in New York.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Hunton Privacy

JUNE 12, 2020

On June 9, 2020, the Federal Communications Commission (“FCC”) announced a proposed $225 million fine, the largest in the history of the FCC, against several individuals for telemarketing violations. The FCC alleged that John C. Spiller and Jakob A.

Insurance 96

Insurance IT Communications Government 96

Hunton Privacy

JUNE 22, 2020

On July 1, 2020, amendments to Vermont’s data breach notification law, signed into law earlier this year, will take effect along with Vermont’s new student privacy law. Security Breach Notice Act.

Data breaches 107

Data breaches Privacy Education Data Privacy 107

Security Affairs

APRIL 6, 2020

Below the timeline of the discovery: Date discovered: January 2020 Date Key Ring and AWS contacted: 18th February 2020 Date of Action: 20th February 2020. The experts found more than 44 million images uploaded by Key Ring users in one of the AWS S3 buckets they have discovered. ” continues the report.

Retail 138

Retail Encryption Insurance Passwords 138

Adam Levin

DECEMBER 8, 2020

The personal information of thousands of Israeli citizens has been compromised as the result of a cyberattack on Shirbit, a leading insurance company. . The group is also thought to have been behind an unsuccessful cyberattack on an Israeli defense corporation earlier in 2020. .

Insurance 52

Insurance Marketing Government Access 52

IT Governance

FEBRUARY 15, 2022

After all, who at the start of 2020 could have foreseen what the next two years would be like? Cyber insurance will become more popular and more comprehensive. It’s led to a growing trend for organisations to purchase cyber insurance, which Forbes contributor Emil Sayegh believes will continue in 2022.

Security 142

Security Insurance Authentication Passwords 142

IT Governance

MAY 5, 2020

The email claims in broken English that “in corporation with National Insurance and National Health Services the government established new tax refund programme for dealing with the coronavirus outbreak in its action plan”. Why would the government take money away from the NHS and give it to citizens?

Phishing 74

Phishing Government Insurance Data breaches 74

Krebs on Security

JULY 27, 2020

For 2020, the company estimates an overall 258 percent spike in the crime. She shared with me a copy of the lease, which included a fraudulent ID and even a vehicle insurance card for a Land Cruiser we got rid of like 15 years ago. In 2019, Dun & Bradstreet saw more than a 100 percent increase in business identity theft.

Energy and Utilities 361

Energy and Utilities Computer and Electronics Insurance Risk 361

Krebs on Security

APRIL 3, 2023

” As KrebsOnSecurity reported in 2020, Bruno was at the time promoting himself as the co-CEO of a company called SafeSwiss Secure Communication AG , and the founder of another tech startup called Secure Swiss Data. According to DomainTools.com , that website name was registered in 2015 by The Inside Knowledge GmbH.

Communications 228

Communications Marketing Security Insurance 228

Data Protection Report

SEPTEMBER 23, 2021

The matter involved one of France’s largest insurers, SGAM AG2R LA MONDIALE, which was subject to an inspection by the French data protection authority (the CNIL), in 2019. The CNIL’s inspection included the insurer’s compliance with Section 5-1(e) of GDPR , which reads: Personal data shall be. Perhaps the CNIL’s €1.75

Personal data 111

Personal data Insurance GDPR Record destruction 111

IT Governance

JANUARY 7, 2020

In our first review of 2020, we look at a new twist on a PayPal scam, and discuss data breaches at an IVF treatment facility and in the Singapore government. The breach began at ST Logistics, a third-party vendor that both government departments use. Latest PayPal phishing scam goes for more than just your login details.

Phishing 82

Phishing Passwords Access Government 82

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. I’ll keep watch.

Ransomware 153

Ransomware Government Security Retail 153

AIIM

APRIL 21, 2022

It doesn’t matter if you’re an insurance company, local government agency, or something else. In tapping into the AIIM end-user community, we found impressive examples of that philosophy at work in leading organizations like Farmers Insurance, Ogilvy, and UnitedHealth Group.

Customer Experience 151

Customer Experience Digital transformation Insurance Government 151

Getting Information Done

APRIL 18, 2017

billion connected devices to over 50 billion by 2020), a focus on people and process must move up in prominence to mount a coordinated defense and, eventually, an offense. As a result, companies are turning to cyber insurance. It makes one wonder if these programs or incentives will resemble what health insurance providers are dong.

Government 53

Government Cybersecurity Insurance Information governance 53

Security Affairs

APRIL 8, 2020

“On Saturday 14 March 2020, HMR was subjected to a targeted and sophisticated attack by cyber criminals. “We’re sorry to report that, during 21–23 March 2020, the criminals published on their website records from some of our volunteers’ screening visits. A criminal group called Maze has claimed responsibility.”

Ransomware 133

Ransomware Data breaches Encryption Financial Services 133

IT Governance

NOVEMBER 6, 2020

Government payment scheme. This scam claims that the UK government is paying all residents £258 to help them during the disruption caused by COVID-19. That doesn’t sound too far-fetched, and it is in a similar format to the nationwide text that the government sent when the UK went into lockdown. Supermarket vouchers.

Phishing 62

Phishing e-Delivery Government Insurance 62

Security Affairs

FEBRUARY 8, 2024

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Healthcare Spending: From 2020 to 2025, the healthcare sector plans to spend $125 billion on cyber security to tackle its vulnerability. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 million, up 15% in three years.

Security 141

Security Phishing IoT Ransomware 141

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. Third-party governance. Archer was named a Leader in Gartner’s 2020 Magic Quadrant for IT risk management and IT vendor risk management tools.

Compliance 58

Compliance Risk Government Retail 58

erwin

APRIL 11, 2019

Some suggest the California Consumer Privacy Act (CCPA), which takes effect January 1, 2020, sets a precedent other states will follow by empowering consumers to set limits on how companies can use their personal information. The Regulatory Rationale for Integrating Data Management & Data Governance. employees).

GDPR 100

GDPR Compliance e-Discovery Metadata 100

Hunton Privacy

OCTOBER 14, 2021

During the week of October 4, 2021, California Governor Gavin Newsom signed into law bills amending the California Privacy Rights Act of 2020 (“CPRA”), California’s data breach notification law and California’s data security law. AB-825 : This bill amends California’s (1) data breach notification law (for both government agencies (Cal.

Privacy 98

Privacy Insurance Security Data breaches 98

eSecurity Planet

OCTOBER 18, 2021

” Nicko died nine months later, on April 16, 2020. ” Cyber Insurance No Longer Reliable. ” Cyber Insurance No Longer Reliable. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. Cyber Regulations Could Bring Fairness.

Ransomware 97

Ransomware Insurance Digital transformation Cybersecurity 97

Security Affairs

FEBRUARY 4, 2020

The city of Racine, Wisconsin, was hit with a ransomware, the incident took place on January 31, 2020. “MIS worked over the weekend with the city’s cybersecurity insurer “to develop a detailed plan to restore and recover systems without spreading the ransomware,” according to a statement from Powell. “We

Ransomware 108

Ransomware Government Insurance Cybersecurity 108

Information Governance Perspectives

MARCH 10, 2020

Welcome to the AIIM 2020 Keynote Session Tomorrow’s Jobs Today, thinking beyond information management. For an insurance carrier, the goal is to protect people’s livelihoods and helping us get back on our feet after a disaster. Full transcript below. For a film studio, that’s producing content, and entertaining your audience.

Insurance 52

Insurance Blockchain Privacy Big data 52

IT Governance

JUNE 1, 2023

IT Governance is dedicated to helping organisations tackle the threat of cyber crime and other information security weaknesses. In August 2020, it was embroiled in a data breach affecting more than 800,000 EyeMed and Lenscrafters patients. A month later, a ransomware attack shut down the company’s operations in Italy and China.

Data breaches 118

Data breaches Insurance Personal data Ransomware 118

Hunton Privacy

SEPTEMBER 1, 2020

Not disclosing, subject to specified exceptions, a consumer’s genetic data to certain entities ( e.g. , those responsible for making decisions regarding health insurance, life insurance or employment). Violations of the Act are subject to civil penalties. Department of Health and Human Services pursuant to HIPAA and the HITECH Act.

Privacy 85

Privacy Insurance Marketing Information governance 85

erwin

FEBRUARY 19, 2021

Govern data. Develop a governance model to manage standards, policies and best practices and associate them with physical assets. With automation, data quality is systemically assured with the data pipeline seamlessly governed and operationalized to the benefit of all stakeholders. An enterprise data governance experience.

Metadata 110

Metadata Digital transformation Government Healthcare 110