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Cybersecurity Insurance Not Paying for NotPetya Losses

Schneier on Security

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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NEW TECH: DataLocker introduces encrypted flash drive — with key pad

The Last Watchdog

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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New Connecticut Breach Notification Requirements and Cybersecurity Safe Harbor Effective October 2021

Hunton Privacy

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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Security Affairs newsletter Round 460 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

Iran Crisis Russia-Aligned TAG-70 Targets European Government and Military Mail Servers in New Espionage Campaign U.S.

Military 137
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Inside Ireland’s Public Healthcare Ransomware Scare

Krebs on Security

The HSE ultimately enlisted members of the Irish military to bring in laptops and PCs to help restore computer systems by hand. “The HSE assessed its cybersecurity maturity rating as low,” PWC wrote. Still, the work to restore infected systems would take months. ” One idea of a “security maturity” model.

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Healthcare giant Magellan Health discloses data breach after ransomware attack

Security Affairs

Magellan Health, a for-profit managed health care and insurance firm, was the victim of a ransomware attack. is an American for-profit managed health care company, its customers include health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators.

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Colonial Pipeline discloses data breach after May ransomware attack

Security Affairs

The Colonial Pipeline facility in Pelham, Alabama was hit by a cybersecurity attack, its operators were forced to shut down its systems. Colonial Pipeline has started notifying more than 5000 people that had their personal information compromised after a ransomware attack that took place in May. The pipeline allows carrying 2.5