eSecurity Planet

SEPTEMBER 21, 2024

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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Schneier on Security

MARCH 8, 2019

This will complicate things: To complicate matters, having cyber insurance might not cover everyone's losses. Zurich American Insurance Company refused to pay out a $100 million claim from Mondelez, saying that since the U.S.

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Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. government, especially in light of ongoing tensions between the U.S. Like an incident response plan, MFA has become a critical element of cybersecurity programs.

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Krebs on Security

JUNE 18, 2021

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

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eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. This article looks at cybersecurity risk management, how to establish a risk management system, and best practices for building resilience. What is Cybersecurity Risk Management?

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Hunton Privacy

JULY 1, 2022

(“Carnival”), the world’s largest cruise-ship operator, for violations of the Cybersecurity Regulation (23 NYCRR Part 500) in connection with four cybersecurity events between 2019 and 2021, including two ransomware events. . NYDFS also found that Carnival had failed to implement basic protocols to prevent data breaches.

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Krebs on Security

OCTOBER 28, 2020

The Gunnebo Group is a Swedish multinational company that provides physical security to a variety of customers globally, including banks, government agencies, airports, casinos, jewelry stores, tax agencies and even nuclear power plants. The company has operations in 25 countries, more than 4,000 employees, and billions in revenue annually.

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The Last Watchdog

SEPTEMBER 14, 2018

The attack also brought cybersecurity to the local level. It’s easy to think of it as a problem the federal government must address or something that enterprises deal with, but cybersecurity has to be addressed closer to home, as well. This makes government networks even more vulnerable and hackers see them as a gold mine.

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Krebs on Security

JANUARY 23, 2019

federal government shutdown is having a tangible, negative impact on cybercrime investigations, according to interviews with federal law enforcement investigators and a report issued this week by a group representing the interests of FBI agents. The shutdown may impact government and civilian cybersecurity efforts in other ways.

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Data Matters

OCTOBER 20, 2022

Treasury Department is seeking public comment on the need and scope for a potential federal insurance response to catastrophic cyber incidents, akin to the one put in place for terrorism insurance after the attacks of September 11, 2001. The request, published by the Federal Insurance Office (FIO) in the U.S. Background.

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Krebs on Security

AUGUST 29, 2019

-based PerCSoft is a cloud management provider for Digital Dental Record (DDR), which operates an online data backup service called DDS Safe that archives medical records, charts, insurance documents and other personal information for various dental offices across the United States. ” Read the full ProPublica piece here. .

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Security Affairs

JULY 8, 2019

Government computer systems at La Porte County, Indiana, were shut down after a cyber attack hit them on July 6. On July 6, a cyber attack brought down government computer systems atLa Porte County, Indiana. The post Cyberattack shuts down La Porte County government systems appeared first on Security Affairs.

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Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. I recently spoke with Neira Jones and Danna Bethlehem about how cybersecurity insurance can work to help an organization.

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Krebs on Security

OCTOBER 30, 2024

“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. According to the HIPAA Journal, the biggest penalty imposed to date for a HIPPA violation was the paltry $16 million fine against the insurer Anthem Inc.

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Security Affairs

NOVEMBER 21, 2024

Mexico is investigating a ransomware attack targeting its legal affairs office, as confirmed by the president amidst growing cybersecurity concerns. Mexico’s president announced the government is investigating an alleged ransomware hack that targeted the administration’s legal affairs office. ” reported the Associated Press.

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The Last Watchdog

MARCH 20, 2023

Cybersecurity specialists here at Digital Forensics have built up a store of knowledge tracking criminal patterns while deploying countermeasures on behalf of our clients. Exploitation drivers From the case of Hegestratos committing insurance fraud by sinking a ship in 300 B.C.,

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The Last Watchdog

FEBRUARY 25, 2019

based supplier of identity access management (IAM) systems, which recently announced a partnership with Omada, a Copenhagen-based provider of identity governance administration (IGA) solutions. Governance and attestation quickly became a very big deal. Compliance became a huge driver for governance and attestation,” Curcio said. “It

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The Last Watchdog

APRIL 8, 2024

Related: The ‘cyber’ case for D&O insurance Vanessa Pegueros knows this all too well. She serves on the board of several technology companies and also happens to be steeped in cyber risk governance. They are demanding to understand how their vendors could potentially impact their customers and their reputation.

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Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.

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KnowBe4

JUNE 13, 2023

As government-sponsored and widespread vulnerability attacks continue to result in larger damages, cyber insurers are looking for opportunities to still meet demand without incurring risk.

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Data Matters

JANUARY 14, 2019

On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”.

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Data Breach Today

MARCH 12, 2023

Help for Uninsured Depositors Avoids Doomsday Scenario of Startups Missing Payroll The short-term crisis for cybersecurity startups around the sudden collapse of Silicon Valley Bank has been averted.

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Hunton Privacy

FEBRUARY 25, 2021

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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The Last Watchdog

OCTOBER 5, 2023

Editor’s note: I recently had the chance to participate in a discussion about the overall state of privacy and cybersecurity with Erin Kapczynski, OneRep’s senior vice president of B2B marketing. How did you first get interested in cybersecurity as a career? Erin: So, let’s get started. What drew you to this field?

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eSecurity Planet

APRIL 26, 2022

Achieving funding is no simple task, and cybersecurity entrepreneurs have a difficult path competing in a complex and competitive landscape. Luckily for cybersecurity startups, there’s no shortage of interest in tomorrow’s next big security vendors. Investments in cybersecurity more than doubled from $12 billion to $29.5

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Security Affairs

APRIL 8, 2024

Greylock McKinnon Associates (GMA) provides expert economic analysis and litigation support to a diverse group of domestic and international clients in the legal profession, the business community, and government agencies, including the Department of Justice (DoJ). ” reads the data breach notification.

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Security Affairs

JULY 18, 2019

The Small Business Cybersecurity Assistance Act may provide business owners with access to government-level tools to secure small business against attacks. can hope for at present and an encouraging sign that the problem is on the government’s radar. government doesn’t stand ready to have their backs.

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Getting Information Done

APRIL 18, 2017

Cybersecurity is a strategic priority for most organizations. We’ve all heard for years that information technology (IT) and cybersecurity require people, process, and technology; however, over the years, “people” and “process” have not received the same attention as “technology.” As a result, companies are turning to cyber insurance.

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Hunton Privacy

AUGUST 2, 2021

Connecticut recently passed two cybersecurity laws that will become effective on October 1, 2021. Cybersecurity Safe Harbor (HB 6607). On July 6, 2021, Governor Ned Lamont signed HB 6607, An Act Incentivizing the Adoption of Cybersecurity Standards for Businesses.

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Krebs on Security

JUNE 15, 2023

government agency in charge of improving the nation’s cybersecurity posture is ordering all federal agencies to take new measures to restrict access to Internet-exposed networking equipment. The directive comes amid a surge in attacks targeting previously unknown vulnerabilities in widely used security and networking appliances.

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Krebs on Security

AUGUST 5, 2024

.” Dark Angels is thought to be a Russia-based cybercrime syndicate whose distinguishing characteristic is stealing truly staggering amounts of data from major companies across multiple sectors, including healthcare, finance, government and education. Further reading: ThreatLabz ransomware report (PDF).

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The Last Watchdog

JULY 30, 2018

One sliver of the $90 billion, or so, companies are expected to spend this year on cybersecurity products and services is an estimated $85 million they will shell out for encrypted flash drives. A chance meeting – in an elevator, no less – led to Kim veering over to the cybersecurity industry. Related: How DataLocker got its start h.

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Hunton Privacy

FEBRUARY 11, 2022

On February 9, 2022, the SEC proposed new cybersecurity compliance and disclosure rules for the investment management industry in a three to one vote. Notably, the proposal would require RIAs to notify the SEC on a confidential basis within 48 hours of discovering a significant cybersecurity incident. Risk Management Rules.

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The Last Watchdog

AUGUST 12, 2019

In the last year, the news media has been full of stories about vicious cyber breaches on municipal governments. From Atlanta to Baltimore to school districts in Louisiana, cyber criminals have launched a wave of ransomware attacks on governments across the country. It is not of a matter of “if” but “when.”

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Krebs on Security

DECEMBER 13, 2021

“The HSE assessed its cybersecurity maturity rating as low,” PWC wrote. What’s remarkable about this incident is that the HSE is publicly funded by the Irish government, and so in theory it has the money to spend (or raise) to pay for all these ambitious recommendations for increasing their security maturity.

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Krebs on Security

AUGUST 27, 2020

Ngo’s cooperation with the government ultimately led to 20 arrests, with a dozen of those defendants lured into the open by O’Neill and other Secret Service agents posing as Ngo. But based on the records they did have, the government estimated that Ngo’s service enabled approximately $1.1

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Data Matters

JUNE 23, 2022

Kentucky and Maryland recently continued the trend of state insurance departments adopting some version of the National Association of Insurance Commissioners’ (“NAIC”) Insurance Data Security Model Law. Kentucky Governor Andy Beshear signed House Bill 474 into law, and Maryland Governor Larry Hogan signed SB 207.

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