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Pharmaceutical giant Cencora suffered a cyber attack and threat actors stole data from its infrastructure. Pharmaceutical giant Cencora disclosed a data breach after it was the victim of a cyberattack. Optum Solutions is a subsidiary of UnitedHealth Group, a leading health insurance company in the United States. Cencora, Inc.
The CyberNews investigation team discovered French pharmaceuticals distribution platform Apodis Pharma leaking 1.7+ Apodis Pharma is a company that offers a digital supply chain management platform and other software solutions created for pharmacies, healthcare institutions, pharmaceutical laboratories, and health insurance companies.
Bleeping Computer posited on July 30 that the victim was the pharmaceutical giant Cencora (formerly AmeriSourceBergen Corporation ), which reported a data security incident to the U.S. The SEC requires publicly-traded companies to disclose a potentially material cybersecurity event within four days of the incident.
Compromised organizations operate in different business verticals, including manufacturing, wealth management, insurance providers, and pharmaceuticals. The researchers noticed that the path contains the same mutex name as the Babuk ransomware, a circumstance that suggests the malware borrows Babuk’s leaked source code.
Its customer base is comprised of eight of the top 15 banks, four of the top six healthcare insurance and managed care providers, nine of the top 15 property and casualty insurance providers, five of the top 13 pharmaceutical companies, and 11 of the largest 15 federal agencies.
This past year was marked by ever more significant data breaches, growing cybersecurity regulatory requirements at the state and federal levels and continued challenges in harmonizing international privacy and cybersecurity regulations. A Pivot Toward Asia for Privacy and Cybersecurity Laws. The Internet of Bodies.
The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.
Care.data was cancelled because drug and insurance companies were able to buy patient data Australia’s impending My Health Record system is “identical” to a failed system in England that was cancelled after it was found to be selling patient data to drug and insurance companies , a British privacy expert has said.
Source (New) Finance USA Yes 3,494 Woodruff Sawyer Source (New) Insurance USA Yes 3,087 Blackburn College Source (New) Education USA Yes 3,039 CAIRE Inc. Source (New) Transport USA Yes 3,815 Okta Source 1 ; source 2 (Update) Cyber security USA Yes 3,800 Shah Dixit & Associates, P.C.
Data Segregation And Cybersecurity Are Key. Sounds cybersecurity practices are also key to mitigating liability under the new law. If you or your company would like more information about the CCPA and how it may impact your operations, the Dentons Privacy and Cybersecurity team is ready to help. Code § 56.05(j).
Insurance With AI, the insurance industry can virtually eliminate the need for manual rate calculations or payments and can simplify processing claims and appraisals. Intelligent automation also helps insurance companies adhere to compliance regulations more easily by ensuring that requirements are met.
In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion.
Toronto residents’ CERB payments on hold after fraudulent employment insurance claims (700) Kentucky’s unemployment system suffers another breach (unknown) Defence supplier PULAU Corporation says it has been hacked (unknown) American Payroll Association notifying those affected by cyber attack (unknown). Cyber attacks. Hitachi Chemical Co.
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