Remove 2020 Remove Insurance Remove Retail
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11 cyber security predictions for 2020

IT Governance

Cyber insurance has in some regions encouraged victims to pay as it is cheaper than remediation in some cases. The retail and hospitality industries will continue to have their POS equipment targeted. The post 11 cyber security predictions for 2020 appeared first on IT Governance UK Blog. Ransomware will continue to increase.

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Key Ring digital wallet exposes data of 14 Million users in data leak

Security Affairs

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. Experts also found CSV files storing membership lists and reports for some of North American retail brands. ” continues the report.

Retail 138
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Global Scamdemic: Scams Become Number One Online Crime

Security Affairs

The number of scam and phishing violations detected by Group-IB in Europe in 2020 increased by 39% compared to the previous year. For example, a scheme of fake branded social media accounts (typical of the financial sector) affected over 500 fake accounts per bank on average in 2020.

Phishing 130
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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

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.

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Iran-linked APT group Pioneer Kitten sells access to hacked networks

Security Affairs

“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. Pierluigi Paganini.

Access 129
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US-based children’s clothing maker Hanna Andersson discloses a data breach

Security Affairs

The US-based children’s clothing maker and online retailer Hanna Andersson discloses a data breach, attackers planted an e-skimmer on its e-commerce platform. pic.twitter.com/ervMIdaNEi — Stryke the Orc (@stryke_the_orc) January 18, 2020. Name, address, billing information, and credit card info is thought to be compromised.

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.