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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

Insurance 110
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New Ransom Payment Schemes Target Executives, Telemedicine

Krebs on Security

The CLOP members said one tried-and-true method of infecting healthcare providers involved gathering healthcare insurance and payment data to use in submitting requests for a remote consultation on a patient who has cirrhosis of the liver. Encrypting sensitive data wherever possible. ”

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List of data breaches and cyber attacks in August 2021 – 61 million records breached

IT Governance

Travel and medical insurance provider guard.me Travel and medical insurance provider guard.me The post List of data breaches and cyber attacks in August 2021 – 61 million records breached appeared first on IT Governance UK Blog. Cyber attacks. Ransomware. Data breaches. Financial information. In other news…. Cyber attacks.

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Low-Drama ‘Dark Angels’ Reap Record Ransoms

Krebs on Security

Security experts say the Dark Angels have been around since 2021, but the group doesn’t get much press because they work alone and maintain a low profile, picking one target at a time and favoring mass data theft over disrupting the victim’s operations. .” Further reading: ThreatLabz ransomware report (PDF).

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List of data breaches and cyber attacks in October 2021 – 51.2 million records breached

IT Governance

However, there are plenty of other incidents to dig into, including a raft of ransomware attacks against the education sector. And don’t forget to check out our Q3 2021 data breaches and cyber attacks quarterly review , in which we take a closer look at the information gathered in our monthly lists.

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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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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. 2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. Insurers should: Establish a Formal Cyber Insurance Risk Strategy.