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LCMHS hospital suffered a Ransomware attack at Louisiana hospital that impacted 270,000 patients

Security Affairs

The security breach took place on October 21, 2022, when the internal security team detected unusual activity on its computer network. Health insurance information. The attackers had no access to electronic medical records. LCMH’s electronic medical record was not accessible to the unauthorized party.”

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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. million total. THE LAWSUIT. for both intrusions,” the bank said in its lawsuit.

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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. .

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Business ID Theft Soars Amid COVID Closures

Krebs on Security

But the same crime can be far more costly and damaging when thieves target small businesses. Unfortunately, far too many entrepreneurs are simply unaware of the threat or don’t know how to be watchful for it. In 2019, Dun & Bradstreet saw more than a 100 percent increase in business identity theft. ” PHANTOM OFFICES. .”

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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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2024 Cybersecurity Laws & Regulations

eSecurity Planet

Health Insurance Portability & Accountability Act (HIPAA) The Health Insurance Portability and Accountability Act (HIPAA) sets standards for protecting sensitive health information, particularly electronic health records (EHRs). Agencies must also report on their security posture and any incidents that occur.

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Insurance Occurrence Assurance?

Andrew Hay

Though the breaches are concerning, the real story is that the financial institution suing its insurance provider for refusing to fully cover the losses. The first was a “computer and electronic crime” (C&E) rider that had a single loss limit liability of $8 million, with a $125,000 deductible.