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How Much Cyber Liability Insurance Do You Need?

IT Governance

Cyber liability insurance helps organisations cover the financial costs of a data breach. Without insurance, organisations spend £3.6 By purchasing cyber liability insurance, organisations gain the resources they need at a fraction of the cost. What does cyber insurance include? First-party vs third-party insurance.

Insurance 114
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Electronic prescription provider MediSecure impacted by a ransomware attack

Security Affairs

MediSecure is a company that provides digital health solutions, particularly focusing on secure electronic prescription delivery services in Australia. Medibank is one of the largest Australian private health insurance providers with approximately 3.9 ” reported ABC. million customers.

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List of Data Breaches and Cyber Attacks in February 2023 – 29.5 Million Records Breached

IT Governance

IT Governance is dedicated to helping organisations tackle the threat of cyber crime and other information security weaknesses. Million Records Breached appeared first on IT Governance UK Blog. Million Records Breached appeared first on IT Governance UK Blog.

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Catches of the Month: Phishing Scams for July 2022

IT Governance

The organisation’s head of security, Cory Hardman, said that the breach occurred when an employee at a third-party email delivery vendor downloaded the details of OpenSea users and newsletter subscribers. It added: “We are working with local law enforcement, GEMA, GBI, and insurance officials to recover the funds. of incidents.

Phishing 111
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TA505 group updates tactics and expands the list of targets

Security Affairs

ISO image attachments along with a.NET downloader , a new style for macro delivery, a newer version of ServHelper, and a.DLL variant of FlawedAmmyy downloader. The TA505 also targeted government agencies in Saudi Arabia, Oman, and Qatar using another type of.XLS or.DOC attachments. ” continues the report. XLS or VBA.DOC macros.”

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Catches of the month: Phishing scams for November 2020

IT Governance

Government payment scheme. This scam claims that the UK government is paying all residents £258 to help them during the disruption caused by COVID-19. That doesn’t sound too far-fetched, and it is in a similar format to the nationwide text that the government sent when the UK went into lockdown. Supermarket vouchers.

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.