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LW ROUNDTABLE: Cybersecurity takeaways of 2023 — and what’s ahead in 2024 ( part 1)

The Last Watchdog

What should I be most concerned about – and focus on – in 2024? In 2024, we will see more targeted, sophisticated business email compromise (BEC) attacks, including VIP impersonation, vendor email compromise (VEC), and autonomous agents used for malicious purposes. The comments we received were uniformly insightful and helpful.

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Regulatory Update: National Association of Insurance Commissioners Spring 2024 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Spring 2024 National Meeting (Spring Meeting) March 15 through 18, 2024. The post Regulatory Update: National Association of Insurance Commissioners Spring 2024 National Meeting appeared first on Data Matters Privacy Blog.

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Change Healthcare Breach Hits 100M Americans

Krebs on Security

Change Healthcare says it has notified approximately 100 million Americans that their personal, financial and healthcare records may have been stolen in a February 2024 ransomware attack that caused the largest ever known data breach of protected health information. A post about the Change breach from RansomHub on April 8, 2024.

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Two States Enact Insurance Data Security Laws

Hunton Privacy

In April 2022, two states enacted insurance data security legislation based on the National Association of Insurance Commissioners (“NAIC”) Insurance Data Security Model Law (MDL-668). Kentucky’s law goes into effect on January 1, 2023.

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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 RaaS usage is expected to increase by 25% in 2024. Shockingly, 96% of these attacks come through email.

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ISMG Editors: Why Synthetic ID Fraud Is on the Rise

Data Breach Today

Also: More Support for Ransomware Victims, Key Takeaways From RSA 2024 In the latest weekly update, ISMG editors discussed key takeaways from the RSA Conference, delve into the surge of synthetic ID fraud in the auto lending industry, and examine a new initiative by the UK's National Cyber Security Centre and major insurance associations to combat (..)

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Low-Drama ‘Dark Angels’ Reap Record Ransoms

Krebs on Security

Security firm Zscaler ThreatLabz this month ranked Dark Angels as the top ransomware threat for 2024, noting that in early 2024 a victim paid the ransomware group $75 million — higher than any previously recorded ransom payment. Securities and Exchange Commission (SEC) on February 21, 2024. Image: Shutterstock.