Krebs on Security

JULY 24, 2018

Now the financial institution is suing its insurance provider for refusing to fully cover the losses. In its lawsuit (PDF), National Bank says it had an insurance policy with Everest National Insurance Company for two types of coverage or “riders” to protect it against cybercrime losses. million total. THE LAWSUIT.

Insurance 194

Insurance Computer and Electronics Phishing Access 194

The Security Ledger

OCTOBER 23, 2018

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat. Read the whole entry. »

Insurance 40

Insurance Risk Digital transformation Ransomware 40

Security Affairs

OCTOBER 4, 2023

The phishing attacks were aimed at senior executives across various industries, primarily in Banking, Financial, Insurance, Property Management and Real Estate, and Manufacturing sectors. The campaign was observed between July and August, threat actors used the phishing kit ‘ EvilProxy.’ ” states the report from Menlo Security.

Phishing 138

Phishing Insurance Manufacturing Authentication 138

Security Affairs

JULY 6, 2020

Xchanging is a business process and technology services provider and integrator, which provides technology-enabled business services to the commercial insurance industry. Xchanging is a business process and technology services provider and integrator, which provides technology-enabled business services to the commercial insurance industry.

Ransomware 121

Ransomware Insurance Financial Services Manufacturing 121

Security Affairs

NOVEMBER 25, 2020

Belden, the manufacturer of networking and cable products, disclosed a data breach, threat actors have stolen employee and business information. The company said the breach did not impact operations at manufacturing plants, quality control or shipping, it added that attackers only had access to a “limited number” of company servers.

Data breaches 110

Data breaches Manufacturing Insurance Access 110

Thales Cloud Protection & Licensing

MAY 29, 2024

A Look at User Experience Also, on 5 June, delegates can look forward to hearing how the HTI Group - developers and manufacturers of winter sports technology, urban mobility, material transport, snow, and vegetation management, as well as renewable energies - built a more reliable experience for thousands of B2B customers and partners.

B2B 62

B2B Insurance Customer Experience B2C 62

CGI

FEBRUARY 28, 2017

Insurers’ digital focus is looking through the wrong ‘lens’. Read any article on digital insurance and it seems to me that it is all about the insurers! harini.kottees…. Tue, 02/28/2017 - 03:52. This again causes consumer dissatisfaction with the industry as a whole and drives unwanted consumer behaviours at the point of claim.

Insurance 40

Insurance Big data IoT Manufacturing 40

Security Affairs

AUGUST 16, 2023

Other top 4 targeted industries include Manufacturing, Insurance, Technology, and Financial Services seeing 15%, 9%, 7%, and 6% of the campaign traffic respectively.” Experts warn that the Energy sector was a major focus of this campaign, followed by manufacturing, and insurance. ” continues the report.

Phishing 98

Phishing Energy and Utilities Insurance Manufacturing 98

CGI

MAY 27, 2016

Time and tide waits for no man – IoT in Insurance. This old saying could also be applied for what is happening in the insurance market with IoT and that given the drive behind IoT in both the consumer and business markets. For example, car insurance could be varied between theft and fully comprehensive when the Car is not being used.

Insurance 40

Insurance IoT Marketing Manufacturing 40

Security Affairs

JANUARY 4, 2023

It manufactures products for locomotives, freight cars and passenger transit vehicles, and builds new locomotives up to 6,000 horsepower. . rail and locomotive company Wabtec Corporation disclosed a data breach after it was hit with Lockbit ransomware attack. ” concludes Wabtec.

Ransomware 98

Ransomware Insurance Data breaches Manufacturing 98

Security Affairs

FEBRUARY 28, 2024

BlackCat/ALPHV ransomware gang has been active since November 2021, the list of its victims is long and includes industrial explosives manufacturer SOLAR INDUSTRIES INDIA , the US defense contractor NJVC , gas pipeline Creos Luxembourg S.A. , municipal governments, defense contractors, and critical infrastructure organizations).”

Ransomware 138

Ransomware Government Insurance Manufacturing 138

Hunton Privacy

OCTOBER 14, 2014

On October 8, 2014, the Department of Homeland Security reported that over the course of several months, the network of a large critical manufacturing company was compromised. The incident raises some issues for cyber insurance. That the incident occurred over several months suggests that trigger dates for cyber insurance be examined.

Insurance 40

Insurance Cybersecurity Manufacturing Information Security 40

Information Governance Perspectives

APRIL 5, 2023

John Danenberger, CPCU, is Corporate Counsel at State Farm Insurance and specializes in addressing emerging issues around telematics. In 2015, he successfully transitioned from a military career as a trial attorney for the JAG Corps to working in telematics in corporate America for State Farm Insurance.

Insurance 52

Insurance Military Artificial Intelligence Manufacturing 52

Krebs on Security

OCTOBER 28, 2020

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. Five months later, Gunnebo disclosed it had suffered a cyber attack targeting its IT systems that forced the shutdown of internal servers.

Security 357

Security Ransomware Agriculture Cybersecurity 357

Hunton Privacy

FEBRUARY 28, 2014

Hunton & Williams Insurance Litigation & Counseling partner Lon Berk reports: The recently publicized Secure Sockets Layer (“SSL”) bug affecting Apple Inc. products raises a question regarding insurance coverage that is likely to become increasingly relevant as “The Internet of Things” expands.

Insurance 40

Insurance Manufacturing Risk Security 40

Security Affairs

JULY 21, 2023

Suzuki or otherwise, buying a new vehicle is an intense experience with complicated credit, insurance, documentation, and contracts. Rarely do car manufacturers sell their cars directly. Databases and credentials exposed Suzuki Motor Corporation is the tenth largest car manufacturer worldwide, with a net worth of $17.6

Manufacturing 98

Manufacturing Phishing Access Insurance 98

IT Governance

FEBRUARY 16, 2023

The nature of the compromised data suggests that it belongs to Pepsi Bottling Ventures employees – if only because you wouldn’t expect a manufacturer to have any significant amounts of data on customers. The incident began late last year, after criminal hackers broke into the organisation’s systems and installed malware. What went wrong?

Data breaches 103

Data breaches Access Insurance Manufacturing 103

IT Governance

JANUARY 5, 2024

Top 10 biggest breaches # Organisation name Known data breached 1 Real Estate Wealth Network 1,523,776,691 2 TuneFab >151,000,000 3 Dori Media Group >100 TB 4 Organisations with DICOM server >59,000,000 5 Rosvodokanal 50 TB 6 Comcast Cable Communications, LLC (Xfinity) 35,879,455 7 Tecnoquadri Srl 33,000,000 8 Asia Insurance Co.

Data breaches 76

Data breaches Insurance Manufacturing Ransomware 76

Security Affairs

OCTOBER 4, 2022

The malicious installer was used to infect organizations in multiple sectors, including the industrial, healthcare, technology, manufacturing, insurance and telecommunications sectors in North America and Europe. At the time of this writing it is unclear how many customers of the company were impacted by the attack.

Metadata 135

Metadata Insurance Manufacturing Communications 135

Security Affairs

SEPTEMBER 23, 2023

According to the notice published on the website of the OAG on August 07, 2023, exposed personal information includes names, addresses, social security information, health information, and health insurance information. The City of Dallas revealed that the Royal ransomware gang that hit the city system in May used a stolen account.

Ransomware 135

Ransomware Encryption Systems administration Cybersecurity 135

Hunton Privacy

OCTOBER 14, 2021

Additional bills, amending the California Confidentiality of Medical Information Act (“CMIA”) and the California Insurance Code, also were also signed into law. AB-694 : This bill amends Section 1798.199.40 The bill also makes a number of non-substantive changes to the California Consumer Privacy Act (“CCPA”)/CPRA. Code Section 1798.81.5)

Privacy 98

Privacy Insurance Security Data breaches 98

KnowBe4

MAY 16, 2023

link] Munich Re: '3X Growth Estimated in Cyber Crime Costs Over the Next 4 Years' As cyber attacks continue to grow in sophistication and frequency, cyber insurers are expecting their market to double in the next two years. I've also talked quite a bit about cyber insurance and the recent trends. billion by 2027. "3x billion by 2027.

Phishing 87

Phishing Insurance Passwords Ransomware 87

Security Affairs

FEBRUARY 27, 2024

Optum Solutions is a subsidiary of UnitedHealth Group, a leading health insurance company in the United States. A ransomware attack hit the UnitedHealth Group subsidiary Optum leading to an outage impacting the Change Healthcare payment exchange platform. healthcare organizations. We will provide updates as more information becomes available.”

Ransomware 131

Ransomware Government Insurance Manufacturing 131

Security Affairs

MAY 15, 2023

Compromised organizations operate in different business verticals, including manufacturing, wealth management, insurance providers, and pharmaceuticals. Like other ransomware operations, the RA Group also uses a double extortion model and runs a date leak site. “This actor is expanding its operations at a fast pace.

Ransomware 98

Ransomware Encryption Healthcare Insurance 98

Security Affairs

SEPTEMBER 1, 2020

” PIONEER KITTEN hackers to date have focused their attacks against entities in North American and Israeli, while targeted sectors include technology, government, defense, healthcare, aviation, media, academic, engineering, consulting and professional services, chemical, manufacturing, financial services, insurance, and retail. .

Access 131

Access Financial Services Retail Insurance 131

IBM Big Data Hub

JUNE 22, 2023

In the case of insurance giant Generali, for example, IBM Consulting rolled out two new AI assistants in France—one that helped upskill employees and another that interfaced directly with customers. It often meant sourcing customer support, information technology and other office operations from countries with lower costs of labor.

Insurance 77

Insurance Marketing Healthcare Manufacturing 77

Info Source

DECEMBER 8, 2023

In our vertical market sizing and analysis, we cover horizontal use cases e.g., accounting, HR management, as well as vertical specific use cases e.g., bank account opening, mortgage processing and insurance claims processing. The major Capture & IDP use cases in the Insurance sector also relate to Case Management.

Marketing 40

Marketing Customer Experience Energy and Utilities Digital transformation 40

IT Governance

OCTOBER 24, 2023

Breached organisation: D-Link Corporation, Taiwanese networking equipment manufacturer. Breached organisation: BHI Energy, providing staffing solutions to the nuclear, fossil, wind, hydro and government energy markets. Incident details: The company found that data on its network had been encrypted without its knowledge.

Data Privacy 92

Data Privacy Privacy Security Data breaches 92

Security Affairs

NOVEMBER 8, 2020

As a vertically integrated company, Luxottica designs, manufactures, distributes and retails its eyewear brands, including LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, Eyemed vision care plan, and Glasses.com. Luxottica Group S.p.A. Its best known brands are Ray-Ban, Persol, and Oakley.

Data breaches 88

Data breaches Insurance Retail Ransomware 88

The Last Watchdog

JULY 30, 2018

DataLocker honed its patented approach to manufacturing encrypted portable drives and landed some key military and government clients early on; the company has continued branching out ever since. One of more fascinating innovators in this space is 11-year-old DataLocker, based in Overland Park, Kansas. Park: Exactly. What’s that all about?

Encryption 203

Encryption Military Passwords Authentication 203

Security Affairs

NOVEMBER 20, 2023

Over the course of his 20+ years of IT and Security, Ross has served in a variety of operations and infosec roles for companies in the manufacturing, healthcare, real estate, business insurance, and technology sectors. . – Authentication and Security : APIs may require authentication for access control.

Authentication 138

Authentication Risk Government Compliance 138

IT Governance

JULY 7, 2021

Patients’ names, dates of birth, addresses, medical record numbers, patient account numbers, medical diagnoses, treatment and/or clinical information, test results, prescription information and health insurance details were all affected. Meanwhile, the researchers found that the most attacked industries are IT, healthcare and manufacturing.

Phishing 97

Phishing Manufacturing Insurance Data breaches 97

IT Governance

NOVEMBER 28, 2023

This week, we’re taking a slightly different approach with the ‘publicly disclosed data breaches and cyber attacks’ category, presenting the most interesting data points in a table format. This should make it easier for you to quickly find the information you want. We’ve also included more details on the top 3 biggest breaches of the week.

Data Privacy 52

Data Privacy Privacy Energy and Utilities Data breaches 52

IBM Big Data Hub

FEBRUARY 14, 2024

McDonald’s is building AI solutions for customer care with IBM Watson AI technology and NLP to accelerate the development of its automated order taking (AOT) technology. Not only will this help scale the AOT tech across markets, but it will also help tackle integrations including additional languages, dialects and menu variations.

Artificial Intelligence 82

Artificial Intelligence Retail Unstructured data Insurance 82

Security Affairs

APRIL 20, 2023

ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals. Last year, with a total share of 18% of all cyberattacks, it was the second most targeted industry, following manufacturing. million files belonging to ICICI Bank. Thanks for your email.

Personal data 98

Personal data Phishing Risk Communications 98

eSecurity Planet

JUNE 27, 2023

See the Top SIEM Solutions Misconfigured SIEM Rules The researchers also found that 12 percent of all SIEM rules are broken and will never fire due to issues like misconfigured data sources, missing fields, and parsing errors. How long does it typically take to develop new detections?

Metadata 109

Metadata Financial Services Insurance Manufacturing 109

Data Matters

AUGUST 24, 2018

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.

Insurance 60

Insurance Big data e-Delivery Risk 60