Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance. If the technology were to become unavailable, the resulting business impact could be mitigated with cyber insurance.

Insurance 250

Insurance Risk Cybersecurity Ransomware 250

Security Affairs

APRIL 23, 2023

Non-profit health insurer Point32Health suffered a ransomware attack and has taken systems offline in response to the incident. Non-profit health insurer Point32Health has taken systems offline in response to a ransomware attack that took place on April 17. ” reads the statement published by the insurer.

Insurance 246

Insurance Ransomware Cybersecurity Education 246

Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. For those who have cyber insurance against ransomware attacks. That way you would have avoided a leak and decrypted your information. Very important! reads the ransom note.

Insurance 246

Insurance Ransomware Encryption IT 246

Security Affairs

OCTOBER 25, 2024

According to the Associated Press, UnitedHealth booked $1.1 billion in total costs from the cyberattack in the second quarter. In early March, the Alphv/BlackCat ransomware gang claimed responsibility for the attack and added the company to its Tor leak site.

Data breaches 317

Data breaches Ransomware Insurance Cybersecurity 317

Data Breach Today

JUNE 21, 2021

SEC: Executives Left in Dark About Vulnerability in File-Sharing System Title insurance company First American Financial Corp. Information security staff members were aware of the vulnerability in the company's EaglePro document-sharing system for five months but failed to fix it, the SEC reports.

Insurance 345

Insurance Data breaches Information Security Security 345

Data Breach Today

FEBRUARY 6, 2018

Policies Offer Incentives for Good Information Security Practices Apple and Cisco say they've partnered with insurers Aon and Allianz to offer cyber insurance policies for organizations that meet best security practices and use products from the technology companies.

Insurance 140

Insurance Information Security Risk Security 140

Security Affairs

DECEMBER 4, 2024

In December 2023, Elliptic and Corvus Insurance published a joint research that revealed the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. reads the CSA. According to the experts, the ransomware gang has infected over 329 victims, including ABB , Capita , Dish Network , and Rheinmetall.

Ransomware 309

Ransomware Blockchain Insurance Data breaches 309

Security Affairs

AUGUST 21, 2020

The university notified appropriate law enforcement entities, and the university’s Information Security Office (ISO) investigated and resolved the incident in consultation with an external firm that specializes in responding to ransomware attacks.” ” reads a press release published by the University.

Ransomware 363

Ransomware Insurance Encryption Information Security 363

Security Affairs

DECEMBER 16, 2024

. “While ConnectOnCall is not aware of any misuse of personal information or harm to patients as a result of this incident, potentially impacted individuals are encouraged to remain vigilant and report any suspected identity theft or fraud to your health plan or insurer, or financial institution.”

Data breaches 267

Data breaches Communications Insurance Cybersecurity 267

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.

Information Security 138

Information Security Security Data breaches Risk 138

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.

Insurance 136

Insurance Data breaches GDPR Ransomware 136

Security Affairs

FEBRUARY 6, 2021

WestRock is also working with its vendors so they are informed, and supply chains remain operational.” ” WestRock confirmed that it has cyber insurance business interruption insurance. The Company maintains a variety of insurance policies, including cyber insurance and business interruption insurance.

Ransomware 363

Ransomware Insurance Communications Security 363

Hunton Privacy

MAY 4, 2022

In April 2022, two states enacted insurance data security legislation based on the National Association of Insurance Commissioners (“NAIC”) Insurance Data Security Model Law (MDL-668). Kentucky’s law goes into effect on January 1, 2023. Kentucky’s law goes into effect on January 1, 2023.

Insurance 110

Insurance Security Information Security Compliance 110

Security Affairs

MAY 19, 2024

According to the notice published by the company, WebTPA acts as an administrative services provider to certain benefit plans and insurance companies whose information was impacted in this incident. “The investigation concluded that the unauthorized actor may have obtained personal information between April 18 and April 23, 2023.”

Data breaches 340

Data breaches Insurance Cybersecurity Security 340

Security Affairs

JANUARY 9, 2025

Additionally, we implemented enhanced security measures to prevent similar incidents from occurring in the future.”

Data breaches 174

Data breaches Insurance Ransomware Information governance 174

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?

Insurance 122

Insurance Data breaches Risk Security 122

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.

Insurance 122

Insurance Data breaches e-Delivery Risk 122

Hunton Privacy

JUNE 9, 2022

515 , making Vermont the twenty-first state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). Information Security Program Requirements. On May 27, 2022, Vermont Governor Phil Scott signed H.515

Insurance 107

Insurance Security Information Security Cybersecurity 107

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.

Insurance 330

Insurance Risk Financial Services Mining 330

Security Affairs

JULY 21, 2021

Experts found a DB containing sensitive health insurance data belonging to customers of US insurance giant Humana. An SQL database containing what appears to be highly sensitive health insurance data of more than 6,000 patients has been leaked on a popular hacker forum. Drug prescription listings).

Insurance 302

Insurance Passwords Libraries Access 302

Security Affairs

JANUARY 2, 2024

Hudson Researchers reported that on December 20th, a hacker using the moniker ‘irleaks’ announced the availability for sale of over 160,000,000 records allegedly stolen from 23 leading insurance companies in Iran. It is still unclear how the hackers targeted so many insurance companies at the same time.

Insurance 361

Insurance Sales Passwords Access 361

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.

Insurance 114

Insurance Security Compliance Privacy 114

Security Affairs

JULY 2, 2024

The insurance company Prudential Financial confirmed that the data breach it suffered in February 2024 affected over 2.5 Prudential Financial confirmed that more than 2.5 million individuals were affected by the data breach it suffered in February 2024. million individuals.

Data breaches 349

Data breaches Insurance Ransomware Security 349

Security Affairs

APRIL 8, 2024

Compromised data exposed personal and Medicare information of the individuals, including name, date of birth, address, Medicare Health Insurance Claim Number (which contains a Social Security number associated with a member) and some medical information and/or health insurance information.

Data breaches 342

Data breaches Insurance Cybersecurity Government 342

Security Affairs

FEBRUARY 26, 2021

Our online security team has uncovered a massive data breach originating from a misconfigured Amazon Bucket, which was operated by a Turkish Legal advising company, INOVA YÖNETIM & AKTÜERYAL DANI?MANLIK. Inova is an actuarial consultancy company, which means they compile statistical analysis and calculate insurance risks and premiums.

Data breaches 302

Data breaches Insurance Paper Access 302

Security Affairs

FEBRUARY 3, 2024

” The company added that it did not record any insurance proceeds in the three and six months ending on December 31, 2023, associated with the cyberattack. The recognition of insurance recoveries, if applicable, may not align with the timing of recognizing the associated expenses.

Insurance 340

Insurance Sales Ransomware Marketing 340

Security Affairs

NOVEMBER 20, 2021

The rule was approved by the Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency. Major cybersecurity incidents are attacks that impact operations of the victims or the stability of the US financial sector. The rule aims at forcing banks to quickly respond to cybersecurity incidents.

Cybersecurity 362

Cybersecurity Financial Services Insurance Ransomware 362

Security Affairs

OCTOBER 4, 2020

Apple addresses four vulnerabilities in macOS Google removes 17 Joker -infected apps from the Play Store Microsoft took down 18 Azure AD apps used by Chinese Gadolinium APT Mount Locker ransomware operators demand multi-million dollar ransoms Putin proposes new information security collaboration to US, including no-hack pact for election REvil ransomware (..)

Security 283

Security Ransomware Insurance Information Security 283

Info Source

APRIL 2, 2025

Boston, MA April 1st, 2025 Indico Data, The Decision Automation Company , today announced pivotal leadership appointments that reinforce its commitment to revolutionizing the insurance industry through AI-driven decision automation.

Insurance 40

Insurance Unstructured data Artificial Intelligence Information Security 40

Security Affairs

JANUARY 4, 2024

“Suspicious activity should be promptly reported to relevant parties including an insurance company, health care provider, and/or financial institution.” Long Island Select Healthcare, Mid Florida Hematology & Oncology Centers, P.A, ” reads a notice published by the company on its website. ” concludes the notice.

Data breaches 340

Data breaches Artificial Intelligence Insurance Access 340

Security Affairs

DECEMBER 28, 2022

The chief executive of insurance giant Zurich warns that cyber attacks, rather than natural catastrophes, will become uninsurable. Mario Greco, chief executive of insurer giant Zurich, has warned that cyber attacks will become soon “uninsurable.”. What will become uninsurable is going to be cyber,” Mario Greco told the Financial Times.

Insurance 246

Insurance Risk Ransomware IT 246

Security Affairs

JANUARY 23, 2024

The man is responsible for the cyber attacks that in 2022 hit the Australian insurance provider Medibank. Medibank is one of the largest Australian private health insurance providers with approximately 3.9 “ In November 2022, Medibank announced that personal data belonging to around 9.7M million customers.

Government 339

Government Insurance Ransomware Data breaches 339

Security Affairs

AUGUST 9, 2021

Finally the insurer for Joplin paid $320,000 to threat actors. While investigation into the security breach is still ongoing, the insurer for the City opted to pay a $320,00 ransom to avoid that the leak of the stolen info, Joplin City Manager Nick Edwards confirmed this week.

Ransomware 283

Ransomware Insurance Cybersecurity Security 283

Security Affairs

JUNE 5, 2020

“As per our researchers, this data leak includes the company’s cyber insurance documents, various contract calculations worksheets, NASA give review rules, and much more.” . “Just like previous data leaks, the Cyble Research Team has also identified and verified this data leak.”

Ransomware 363

Ransomware Insurance Cybersecurity Security 363

Security Affairs

JULY 8, 2019

The good news is that La Porte County has a cyber insurance that will cover part of the costs sustained to restore the activity after the attack.

Government 267

Government Insurance Ransomware Cybersecurity 267

Security Affairs

MAY 1, 2023

Bitmarck, one of the largest IT service providers for social insurance carriers in Germany, announced yesterday that it has suffered a cyber attack. “We very much regret the inconvenience caused to our customers, service providers and insured persons and are working to restore the systems as quickly as possible.”

IT 246

IT Insurance Data breaches Education 246

Security Affairs

MARCH 20, 2025

The Pennsylvania State Education Association promptly launched an investigation into the security breach with the help of cybersecurity experts. The company started notifying potentially impacted individuals.

Education 158

Education Data breaches Passwords Insurance 158