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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.” million individuals.

Insurance 272
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Security Affairs newsletter Round 463 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

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2024 Cybersecurity Laws & Regulations

eSecurity Planet

These laws aim to establish standards for securing data, ensuring privacy, and mitigating risks associated with digital information. By enforcing these regulations, governments seek to enhance the overall security posture of businesses and institutions, reduce the likelihood of cyber incidents, and promote trust in the digital ecosystem.

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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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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. Social Security numbers (in some cases). The attackers had no access to electronic medical records. Patient identification numbers.

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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.

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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. In June of 2016, National Bank implemented additional security protocols, as recommended by FirstData.

Insurance 195