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2024 Cybersecurity Laws & Regulations

eSecurity Planet

Understanding and adhering to cybersecurity regulations is crucial for any organization as cyber threats evolve and become more sophisticated. The landscape of cybersecurity laws and regulations today is set to undergo significant changes, impacting businesses, government entities, and individuals alike.

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Change Healthcare Breach Hits 100M Americans

Krebs on Security

“Affected insurance providers can contact us to prevent leaking of their own data and [remove it] from the sale,” RansomHub’s victim shaming blog announced on April 16. ” Change shared only that “a cybercriminal accessed our computer system without our permission.” Mark Warner (D-Va.)

Insurance 272
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Maryland Court Finds Coverage for Lost Data and Slow Computers After Ransomware Attack

Hunton Privacy

As previously posted on our Hunton Insurance Recovery blog , a Maryland federal court awarded summary judgment to policyholder National Ink in National Ink and Stitch, LLC v. This is significant because it demonstrates that insureds can obtain insurance coverage for cyber attacks even if they do not have a specific cyber insurance policy.

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Hackers Breached Virginia Bank Twice in Eight Months, Stole $2.4M

Krebs on Security

Now the financial institution is suing its insurance provider for refusing to fully cover the losses. That second computer had the ability to manage National Bank customer accounts and their use of ATMs and bank cards. Following the 2016 breach, National Bank hired cybersecurity forensics firm Foregenix to investigate.

Insurance 195
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Security Affairs newsletter Round 463 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

France Travail data breach impacted 43 Million people Scranton School District in Pennsylvania suffered a ransomware attack Lazarus APT group returned to Tornado Cash to launder stolen funds Moldovan citizen sentenced in connection with the E-Root cybercrime marketplace case UK Defence Secretary jet hit by an electronic warfare attack in Poland Cisco (..)

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Court Rules Fraud Involving a Computer Is Not ‘Computer Fraud’ under Crime Protection Policy

Hunton Privacy

18, 2016), that a crime protection insurance policy does not cover loss resulting from a fraudulent email directing funds to be sent electronically to the imposter’s bank account because the scheme did not constitute “computer fraud” under the policy. Great American Ins. No 15-20499 (5th Cir. Background. Read the full alert.

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Largest hospital system in New Jersey was hit by ransomware attack

Security Affairs

Hackensack Meridian Health did not reveal the amount of money it has paid to crooks, according to a statement issued by the hospital it holds insurance coverage for such emergencies. ” The hospitals were forced to reschedule nonemergency surgeries and doctors and nurses were not able to access electronic records. .