Government Insurance Privacy 
Security Affairs
FEBRUARY 8, 2024
Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Privacy Compliance: By 2024, 40% of privacy tools will rely on AI, highlighting its expanding role in ensuring data privacy and meeting regulations. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45
IT Governance
MAY 24, 2022
One of the most common ways to mitigate the risk of a cyber security incident is cyber insurance. These activities aren’t typically included in standard business insurance policies, which tend to only cover costs related to technical issues, such as corrupted hard drives and lost devices. The benefits of cyber insurance.
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Security Affairs
JUNE 18, 2024
In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. This ROI makes ransomware a compelling business model for criminals, so it is soaring in popularity.
Collibra
JUNE 23, 2023
Government agencies — from DC to Duluth, NYC to LA — are struggling. The ever-growing digitalization of our world has raised significant concerns about data privacy and security, particularly for agencies that manage and process sensitive and confidential information. There’s no going back.
Krebs on Security
JUNE 18, 2021
The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.
Security Affairs
DECEMBER 18, 2019
LifeLabs has also reported the incident privacy commissioners and government partners. ” LifeLabs is offering cybersecurity protection services to its customers, including identity theft and fraud protection insurance. LifeLabs CEO Charles Brown apologized for the security incident. ” said Brown.
Krebs on Security
FEBRUARY 7, 2022
The reversal comes as privacy experts and lawmakers have been pushing the IRS and other federal agencies to find less intrusive methods for validating one’s identity with the U.S. government online. to commercialize what should be a core government service.” Some 30 states and 10 federal agencies now use ID.me
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