Krebs on Security

AUGUST 14, 2020

The “RCM” portion of its name refers to “revenue cycle management,” an industry which tracks profits throughout the life cycle of each patient, including patient registration, insurance and benefit verification, medical treatment documentation, and bill preparation and collection from patients.

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Security Affairs

SEPTEMBER 4, 2021

The US Securities and Exchange Commission warns investors of potential investment scams that leverages Hurricane Ida as a bait. The US Securities and Exchange Commission (SEC)’s Office of Investor Education and Advocacy is warning investors of potential investment scams related to Hurricane Ida. ” continues the SEC.

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Data Matters

FEBRUARY 2, 2021

The National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law has been adopted in at least 11 states, with several others (including New York) having implemented either older or similar laws or administrative guidance. See State Legislative Brief, NAIC, June 2020. See MCL § 500.555(9).).

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IT Governance

OCTOBER 15, 2020

Cyber threats are so numerous that it’s impossible to prevent security incidents altogether. That’s why they organisations increasingly relying on cyber insurance policies to cover the costs when data breaches and cyber attacks occur. But just how helpful is cyber insurance? What is cyber insurance?

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IT Governance

MAY 24, 2022

Organisations must always look for cost-effective ways to address the cyber security risks they face. With more than 1,200 publicly disclosed data breaches last year , and organisations spending almost £3 million on average responding to security incidents , effective risk management is a top priority. The benefits of cyber insurance.

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Security Affairs

NOVEMBER 14, 2022

As the risk of a cyberattack grows, it is pivotal to consider whether the directors of a company hit by a ransomware attack, for example, can bear any liability for negligence in failing to take steps to limit the risk. Are the directors of a company hit by a cyberattack liable for negligence in failing to take steps to limit the risk.

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Security Affairs

OCTOBER 4, 2023

Researchers from the cybersecurity firm Menlo Security reported that threat actors exploited an open redirection vulnerability in the job search platform Indeed in phishing attacks. The subdomain ‘t.indeed.com’ is supplied with parameters to redirect the client to another target (example.com) as shown in the example below.”

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Security Affairs

APRIL 30, 2019

How much cost a security breach? I can tell you that potential damages could be very expensive for companies, for example, the transportation giant Maersk announced in 2017 that it would incur hundreds of millions in U.S. The good news for the investors is that the company has a robust cyber insurance in place with recognized insurers.

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eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

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Krebs on Security

DECEMBER 18, 2018

Virtually all companies like to say they take their customers’ privacy and security seriously, make it a top priority, blah blah. That’s because very few of the world’s biggest companies list any security executives in their highest ranks. banks) would have this role in their executive leadership team.

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IT Governance

AUGUST 23, 2022

Cyber liability insurance helps organisations cover the financial costs of a data breach. Without insurance, organisations spend £3.6 million on average recovering from security incidents. By purchasing cyber liability insurance, organisations gain the resources they need at a fraction of the cost.

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Krebs on Security

JULY 21, 2023

But one aspect of that vaunted list that hasn’t shifted much since is that very few of these companies list any security professionals within their top executive ranks. For example, 88 percent listed a Director of Human Resources (or “Chief People Officer”), and 37 out of 100 included a Chief Marketing Officer.

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Krebs on Security

APRIL 28, 2021

Bill Demirkapi , an independent security researcher who’s currently a sophomore at the Rochester Institute of Technology , said he discovered the data exposure while shopping around for student loan vendors online. Data security has always been, and always will be, our highest priority.”

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Security Affairs

JUNE 13, 2020

” For example, the tech giant observed an increase in the number of scams targeting Aarogya Setu, an initiative where the Indian government is trying to connect people across the country with essential health services. .” The post COVID-19 themed attacks increase in Brazil, India, and UK appeared first on Security Affairs.

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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.

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Security Affairs

OCTOBER 24, 2021

Andrey Arsentiev, head of analytics and special projects at InfoWatch Group, believes that the the data could have been obtained by external attackers, for example, by exploiting a vulnerability in the system software. The post Threat actors offer for sale data for 50 millions of Moscow drivers appeared first on Security Affairs.

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Krebs on Security

JUNE 4, 2019

Securities and Exchange Commission , LabCorp. AMCA has advised LabCorp that Social Security Numbers and insurance identification information are not stored or maintained for LabCorp consumers.” credit card numbers and bank account information), medical information and Social Security Numbers. ” ANALYSIS.

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The Last Watchdog

AUGUST 8, 2022

Digital twins are just one example of a complex system, but they expose companies to a lot of risk if they are not properly implemented with a cybersecurity plan in place. For example, think of digital cities, or digital infrastructure assets. Another example is a city using a digital twin so that they can model floods or earthquakes.

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Security Affairs

APRIL 6, 2020

The images include scans of government-issued IDs, retail club membership and loyalty cards, NRA membership cards, gift cards, credit cards with all details exposed (including CVV), medical insurance cards, medical marijuana ID cards, and more. ” continues the report. Pierluigi Paganini. SecurityAffairs – Lokibot malware, Coronavirus).

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Krebs on Security

JANUARY 19, 2022

is perhaps better known as the online identity verification service that many states now use to help staunch the loss of billions of dollars in unemployment insurance and pandemic assistance stolen each year by identity thieves. I went with and would encourage others to use the strongest MFA option — a physical Security Key.

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Security Affairs

JUNE 10, 2021

For example, a scheme of fake branded social media accounts (typical of the financial sector) affected over 500 fake accounts per bank on average in 2020. Insurance companies around the world are now suffering from phishing. Over the past year, an average of over 100 phishing websites were created per insurer.

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Security Affairs

SEPTEMBER 18, 2020

Today’s charges are yet another example of the FBI’s dedication to investigating those who target and attempt to steal data and proprietary information from the United States,” said James A. The second member of the group was Espargham , a well known white-hat security researcher and member of the OWASP Foundation. Pierluigi Paganini.

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Security Affairs

NOVEMBER 25, 2020

The post Belden discloses data breach as a result of a cyber attack appeared first on Security Affairs. We regret any complications or inconvenience this incident may have caused and are offering assistance to those individuals who may have been impacted.”. Pierluigi Paganini. SecurityAffairs – hacking, Belden).

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Security Affairs

SEPTEMBER 19, 2018

Security experts at Flashpoint discovered the availability of the access to over 3,000 compromised sites sold on Russian black marketplace MagBo. High-value targets would have higher prices, for example, to inject payment card sniffers, lower ranking sites are usually used for cryptocurrency mining or spam campaign. Pierluigi Paganini.

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eSecurity Planet

JANUARY 5, 2024

It aims to prevent unauthorized access, manage data movement, and guard against potential security threats. When creating the firewall policy draft, these elements make up a detailed set of rules and guidelines controlling the use, management, and security configurations of a firewall inside an organization.

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eSecurity Planet

DECEMBER 7, 2023

This guide will provide a high level overview of encryption and how it fits into IT through the following topics: How Encryption Works To understand how encryption works, we need to understand how it fits into the broader realm of cryptology, how it processes data, common categories, top algorithms, and how encryption fits into IT security.

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Krebs on Security

NOVEMBER 19, 2021

Ken Otsuka is a senior risk consultant at CUNA Mutual Group , an insurance company that provides financial services to credit unions. Unfortunately, Otsuka said, the scammers are defeating this layered security control as well. The member must authorize the transfer by replying to the text. Reply YES to send, NO to cancel.

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Krebs on Security

JULY 24, 2018

Now the financial institution is suing its insurance provider for refusing to fully cover the losses. In June of 2016, National Bank implemented additional security protocols, as recommended by FirstData. million total. Following the 2016 breach, National Bank hired cybersecurity forensics firm Foregenix to investigate. Between Jan.

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IBM Big Data Hub

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

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IT Governance

FEBRUARY 15, 2022

This is as true in the cyber security landscape as it is in any other. To help you understand what might be in store in 2022, we’ve collected nine forecasts from cyber security experts. Cyber insurance will become more popular and more comprehensive. Cyber insurance premiums will increase. But predictions are difficult.

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Krebs on Security

DECEMBER 13, 2021

On 10 May 2021, security auditors first identified evidence of the attacker compromising systems within Hospital C and Hospital L. On May 13, the HSE’s antivirus security provider emailed the HSE’s security operations team, highlighting unhandled threat events dating back to May 7 on at least 16 systems.

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IT Governance

JULY 30, 2024

But as a reminder, here are some key facts about the CrowdStrike incident: CrowdStrike is a publicly listed security company, which provides security software to – among many other large organisations – Microsoft. The outage was caused by a bad security update rolled out by CrowdStrike. Learn more about the CIA triad here.)

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Security Affairs

NOVEMBER 8, 2020

Now the news of another data breach made the headlines, a security breach has exposed the personal and protected health information for patients of LensCrafters, Target Optical, EyeMed, and other eye care practices. Luxottica disclosed a security breach in the appointment scheduling application that took place on August 5, 2020.

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IT Governance

AUGUST 25, 2022

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

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IT Governance

FEBRUARY 22, 2022

Information security management is a way of protecting an organisation’s sensitive data from threats and vulnerabilities. The process is typically embedded via an ISMS (information security management system) , which provides the framework for managing information security. Why is information security management important?

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Security Affairs

NOVEMBER 26, 2018

Under the Health Insurance Portability and Accountability Act (HIPAA), entities affected by the law must inform authorities and the impacted individuals within 60 days , but only if 500 or more people are affected. Under the GDPR, for example, you need to notify the Information Commissioner’s Office. Pierluigi Paganini.

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IBM Big Data Hub

MARCH 25, 2024

According to Berenberg analysts , individual insurance companies faced total claims estimates of up to approximately USD 300 million. For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well.

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