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News Alert: QBE North America launches new cyber insurance program with Converge

The Last Watchdog

New York, NY, July 27, 2023 – QBE North America today announced the launch of a cyber insurance program with new MGA, Converge, acting as program administrator. Tom Kang, CEO, Converge, added, “We’re thrilled to partner with QBE North America given their experience and reputation in the cyber insurance market.

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2024 Cybersecurity Laws & Regulations

eSecurity Planet

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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Russians Shut Down Huge Card Fraud Ring

Krebs on Security

Cybersecurity experts say the raid included the charging of a major carding kingpin thought to be tied to dozens of carding shops and to some of the bigger data breaches targeting western retailers over the past decade. Flint is among the biggest players in the crowded underground market for stolen credit card data, according to a U.S.

Retail 289
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Cybersecurity Insurance

Schneier on Security

Good article about how difficult it is to insure an organization against Internet attacks, and how expensive the insurance is. Companies like retailers, banks, and healthcare providers began seeking out cyberinsurance in the early 2000s, when states first passed data breach notification laws.

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MarineMax data breach impacted over 123,000 individuals

Security Affairs

The world’s largest recreational boat and yacht retailer MarineMax, disclosed a data breach following a cyber attack. The world’s largest recreational boat and yacht retailer MarineMax disclosed a data breach that impacted over 123,000 individuals.

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2022 Retail Industry Year in Review

Hunton Privacy

On January 25, 2023, Hunton Andrews Kurth’s retail industry team released its annual Retail Industry in Review publication, which provides an overview of key issues and trends that impacted the retail sector in the past year, as well as a preview of relevant legal issues retailers can expect to arise in 2023.

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Confessions of an ID Theft Kingpin, Part II

Krebs on Security

billion in new account fraud at banks and retailers throughout the United States, and roughly $64 million in tax refund fraud with the states and the IRS. Ngo said while he would like to one day get a job working in some cybersecurity role, he’s in no hurry to do so. “But most people have probably never heard of him.”

Retail 350