Data Breach Today

APRIL 21, 2022

Lynn Peachey, the director of business development at Arete Incident Response, says that insurance companies have made "a pretty quick turnaround in terms of trying to respond to the ransomware epidemic." She discusses the changes they are making, which include leveraging data quantification.

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Data Breach Today

MARCH 9, 2023

Target Does Not Appear to Have Deliberately Targeted Members of Congress A hacker has been selling data stolen from an online health insurance marketplace used by members of Congress and residents of Washington, D.C. The data pertains to "numerous" lawmakers as well as spouses, dependents and employees.

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Security Affairs

SEPTEMBER 29, 2020

Gallagher (AJG) insurance giant disclosed a ransomware attack, the security breach took place on Saturday. Gallagher (AJG) global insurance brokerage firm confirmed that it was his with a ransomware attack on Saturday, September 26. Gallagher (AJG) insurance giant discloses ransomware attack appeared first on Security Affairs.

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Data Breach Today

JANUARY 5, 2024

and several insurers that were appealing a 2023 court decision saying the insurance companies could not invoke "hostile warlike action" exclusions in refusing to pay drugmakers' claims filed after the 2017 NotPetya cyberattack. A Settlement Has Been Reached. So, How Might This Affect Similar Cases?

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Insurance 345

Security Affairs

MARCH 12, 2024

The Postal Police has issued an alert to warn citizens against insurance scams using QR codes. In practice, fake insurance operators contact victims through calls, messages, or sponsorships on social networks, offering policies at advantageous prices. Online companies do not use generic domains or channels such as WhatsApp or Telegram.

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Data Breach Today

SEPTEMBER 6, 2024

Credit Rating Business Says Cyber Insurance Market 'Poised for Significant Growth' Competition has been increasing in the cyber insurance market, leading to a "moderate" decrease in insurance premiums after several years of rate increases.

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Data Breach Today

MARCH 24, 2021

Investigation Continues; Law Enforcement Notified Insurance provider CNA reported Tuesday it was victimized over the weekend by a "cybersecurity attack" that caused a network disruption and impacted certain systems, including corporate email.

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Data Breach Today

JUNE 15, 2021

As the cyberthreat landscape grows exponentially more complicated, the insurance industry is trying to keep pace. Yet, many organizations still lack cybersecurity insurance. Lynn Peachey, director of business development at Arete Incident Response, breaks down the basics of these insurance policies.

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Data Breach Today

JULY 1, 2024

Tokio Marine HCC's Keith Bergin on Cybersecurity Measures for Insurance Eligibility Keith Bergin, vice president of corporate claims at Tokio Marine HCC, explains how cyber insurers evaluate security measures such as MFA and administrative access control, and describes the integration of threat intelligence and pre-breach services to enhance policyholder (..)

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Data Breach Today

SEPTEMBER 7, 2023

Also, Google Fitbit Faces Privacy Complaints From Schrems This week, the Swedish DPA fined an insurer $3 million for violating GDPR, a DDoS attack disrupted a German financial agency website, Google Fitbit faced privacy complaints from Schrems, Ragnar Locker published hacked hospital data, and Seville, Spain dealt with the aftermath of a ransomware (..)

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Insurance GDPR Privacy Ransomware 311

Data Breach Today

JANUARY 11, 2024

s proposed settlement with insurers over a $1.4 billion claim related to the NotPetya attack will change the language the insurance industry uses to exclude acts of war in its policies, and organizations need to consider how those changes affect risk, said attorney Peter Halprin. Merck & Co.'s

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Data Breach Today

MARCH 18, 2021

Alleges Vendor Failed to Comply With Business Associate Agreement As the list of healthcare sector entities affected by the recent hacking of Accellion's File Transfer Appliance platform continues to grow, the technology vendor faces a lawsuit filed by one of its affected clients, health insurer Centene Corp.

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Data Breach Today

JULY 29, 2021

Key Factors: Negotiating Lower Ransoms, Improving Recovery Cyber insurance provider Coalition Inc. says its clients' average claims for losses when they were hit by a ransomware attack totaled $184,000 in the first half of this year, down 45% compared to the second half of 2020.

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Data Breach Today

SEPTEMBER 19, 2024

As threat actors continue to evolve their attacks to circumvent security measures, cyber insurers are raising the bar for prospective healthcare security clients. Underwriters are increasing their scrutiny and adding new coverage requirements, said Chris Henderson of cybersecurity company Huntress.

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Security Affairs

JULY 24, 2024

The academic medical center of the University of Michigan, Michigan Medicine, suffered a data breach that impacted 56953 patients. Michigan Medicine notified patients of the data breach. ” reads the data breach notification published by the organization.

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Data breaches Insurance Passwords Communications 363

Data Breach Today

JANUARY 29, 2024

California Firm Said August Attack Affected Clients' Data A California insurance broker that handles employee benefits, workers' compensation and property liability is notifying more than 1.5

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Security Affairs

APRIL 8, 2024

Greylock McKinnon Associates, a service provider for the Department of Justice, suffered a data breach that exposed data of 341650 people. GMA disclosed a data breach that impacted medicare and other information belonging to 5465 people. The data breach occurred on May 30, 2023, and was discovered on February 7, 2024.

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Data breaches Insurance Cybersecurity Government 346

Security Affairs

MAY 19, 2024

WebTPA, a third-party administrator that provides healthcare management and administrative services, disclosed a data breach. The US company disclosed a data breach that impacted almost 2.5 ” WebTPA promptly notified benefit plans and insurance companies about the incident and the potential exposure of personal information.

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Data breaches Insurance Cybersecurity Security 345

Data Breach Today

MARCH 10, 2024

Committee Chairs Accuses UK of Favoring an 'Ostrich Strategy' For Ransomware The Conservative government of British Prime Minister Rishi Sunak says it won't champion a reinsurance plan for cyber insurance similar to flood insurance, telling a parliamentary committee it doesn't want to "damage competition."

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Security Affairs

MARCH 20, 2025

A data breach at the Pennsylvania State Education Association exposed the personal information of over 500,000 individuals. The Pennsylvania State Education Association (PSEA) suffered a data breach that impacted 517,487 individuals. ” reads the data breach notification. ” reads the data breach notification.

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Data Breach Today

APRIL 15, 2022

Declining Loss Ratios Means Insurance Premium Increases Might Moderate in Late 2022 A surprising improvement in loss ratios for cyber insurance providers in 2021 means the rapid rise in premiums might at last subside later this year.

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Insurance 286

Data Breach Today

OCTOBER 17, 2022

Apparent Spate of Australian Data Breaches Continues Australian health insurer Medibank told investors it stopped a probable ransomware attack before the attack could steal data or maliciously encrypt its systems.

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Data Breach Today

NOVEMBER 16, 2023

Plaintiffs Say UnitedHealthcare Algorithm Rejects Coverage for Elderly Patients The estates of two deceased UnitedHealthcare Medicare Advantage policyholders allege in a proposed federal class action lawsuit filed this week that the insurance giant is using an AI tool to illegally deny necessary coverage for post-acute care, such as skilled nursing, (..)

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Insurance 289

Security Affairs

JULY 2, 2024

million individuals were affected by the data breach it suffered in February 2024. The insurance company Prudential Financial confirmed that the data breach it suffered in February 2024 affected over 2.5 The compromised data included names, addresses, driver’s license numbers, and non-driver identification card numbers.

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Data breaches Insurance Ransomware Security 353

Data Breach Today

FEBRUARY 22, 2023

Hackers Demand Info on Victim's Cyber Insurance Policy to Negotiate Ransom Demand The newly relaunched HardBit 2.0 ransomware group is now demanding victims disclose details of their cyber insurance coverage before negotiating a ransom demand.

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Data Breach Today

MARCH 14, 2025

Texas Incident is Largest Breach Reported by a Health Plan So Far in 2025 A Texas-based insurance firm is notifying more than 335,500 people of a December hack involving their sensitive personal and health information.

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Insurance 213

Data Breach Today

NOVEMBER 14, 2020

Misconfigured Database Might Have Led to Data Breach, Security Experts Say An unauthorized person appears to have gained entry to insurance software firm Vertafore and compromised the driver's license information of over 27 million Texas citizens. Security analysts are leaning toward a misconfigured database as the culprit.

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Security Affairs

DECEMBER 4, 2024

“We’re continuing to actively investigate all aspects of this incident, and we’re working with the relevant regulatory and law enforcement bodies as part of our response,” At this time, it is unclear if threat actors have stolen data from the telecommunications giant. reads the CSA.

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Data Breach Today

OCTOBER 19, 2022

Australian Insurance Firm 'Working Urgently' to Verify Theft Claim Australian health insurer Medibank says it received a ransomware demand from hackers asserting to have stolen data during a cybersecurity incident the company detected on Oct.

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Insurance Ransomware Cybersecurity IT 319

Data Breach Today

JULY 31, 2023

RUSI Study Finds 'No Smoking Gun' Suggesting Insureds Pay Extortion More Readily Fears that cyber insurance coverage drives companies into paying ransomware demands more easily than not appear unfounded, concludes a British think tank study that also suggests insurers should do more to enact corporate discipline.

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Data Breach Today

NOVEMBER 8, 2022

Who is attempting to extort Australian health insurer Medibank, why did Medibank tell its attackers it wouldn't pay a ransom and will this deter future cyber extortionists? A Ransomware Group Has Given Medibank 24 Hours to Pay. But Medibank Says it Won't. Here are a few thoughts on the high cybercrime drama playing out.

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Insurance Ransomware IT 261

Data Breach Today

MAY 27, 2023

More than 100 Agencies, Health Entities Impacted by Data Breach Discovered in March An insurance provider that services many state Medicaid agencies and the Children's Health Insurance Program told regulators that hackers compromised the personal and protected health information of nearly 9 million patients in an incident discovered in March.

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Security Affairs

DECEMBER 17, 2024

Texas Tech University reports a data breach affecting 1.4 million, exposing personal, health, and financial data from its health sciences centers. Texas Tech University disclosed a data breach that impacted over 1.4 terabytes of data, including patient data, medical research, and a large set of SQL databases.

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Security Affairs

NOVEMBER 13, 2020

million Texas drivers has been exposed in a data breach caused by a human error. The company disclosed this security breach this week, data was stored on an unsecured external storage service and they were accessed by an external party. ” states the data breach notification published by the software provider.

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Data breaches Insurance Access Security 357

Krebs on Security

AUGUST 6, 2020

A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S. info and findget[.]me,

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Insurance Communications Authentication Access 362

Security Affairs

JULY 21, 2021

Experts found a DB containing sensitive health insurance data belonging to customers of US insurance giant Humana. An SQL database containing what appears to be highly sensitive health insurance data of more than 6,000 patients has been leaked on a popular hacker forum. Who had access to the data?

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Insurance Passwords Libraries Access 308

Data Breach Today

DECEMBER 1, 2022

Australian Information Commissioner Will Investigate Insurer's Security Practices The Russia-based ransomware gang behind the hack of Australia's largest private health insurer says it posted a full set of stolen data.

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