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Why DSPM is Essential for Achieving Data Privacy in 2024

Security Affairs

It becomes increasingly difficult to gain complete visibility or transparency that could help security and privacy teams discover sensitive data, identify its security and compliance postures, and mitigate risks. To add to the difficulty, the advent of Generative AI (GenAI) has brought unprecedented security and privacy risks.

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LW ROUNDTABLE: Wrist slap or cultural shift? SEC fines cyber firms for disclosure violations

The Last Watchdog

Unisys, for instance, was found to have framed cyber risks hypothetically even though its systems had already been breached, exfiltrating gigabytes of data. But the SEC’s latest actions underscore that failing to inform stakeholders about material risks and breaches is not an option.

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Ransomware Victims That Pay Up Could Incur Steep Fines from Uncle Sam

Krebs on Security

federal government if the crooks who profit from the attack are already under economic sanctions, the Treasury Department warned today. government, they still can be fined either way, said Ginger Faulk , a partner in the Washington, D.C. Image: Shutterstock. jurisdiction) and making it a crime to transact with them.

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Insurance and Ransomware

Schneier on Security

Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. Although it is a societal problem, cyber insurers have received considerable criticism for facilitating ransom payments to cybercriminals.

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US Government to Study Cyber Insurance Backstop

Data Breach Today

Cyber Insurers Limit Financial Exposure While Risk Grows The Department of Treasury and the Cybersecurity and Infrastructure Agency are soliciting comments on whether risks to critical infrastructure from a catastrophic cyber attack - and the concurrent potential for ruinous financial exposure by insurers - should lead to a new federal approach.

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EIOPA Publishes Consultation on Opinion on AI Governance and Risk Management

Data Matters

On February 12, 2025, the European Insurance and Occupational Pensions Authority ( EIOPA ) published a consultation on its draft opinion on artificial intelligence ( AI ) governance and risk management (the Opinion ).

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First American Financial Pays Farcical $500K Fine

Krebs on Security

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.

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