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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.

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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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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

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.

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The Do’s and Don’ts of Successful EDI Operations (Getting Started)

Rocket Software

For instance, retailers, manufacturers, insurers, healthcare providers, and transportation companies use EDI daily to communicate critical business information with trading partners, customers, and electronic marketplaces. More than “communicate information,” pinpoint what type of data would be most valuable to exchange electronically.

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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.

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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.

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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. and which used emails with subjects pertaining to finance or urgent concerns on insurance policies. In the last nine campaigns since June, the threat actors also started using.