Krebs on Security

JULY 23, 2020

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. It employs some 18,000 people and brought in $6.2 billion in 2019.

Insurance 327

Insurance Financial Services Mining Access 327

Krebs on Security

JANUARY 29, 2021

The unprecedented volume of unemployment insurance fraud witnessed in 2020 hasn’t abated, although news coverage of the issue has largely been pushed off the front pages by other events. The scammers typically use stolen identity data to claim benefits, and then have the funds credited to an online account that they control.

Insurance 339

Insurance Personal data Authentication IT 339

Data Breach Today

NOVEMBER 8, 2018

Company Says Medicare Supplemental Plan Policyholders Among Those Impacted Bankers Life is notifying more than 566,000 individuals, including Medicare supplemental insurance policyholders, that their personal information was exposed in a hacking incident.

Insurance 208

Insurance Personal data Access 208

IT Governance

AUGUST 23, 2022

Cyber liability insurance helps organisations cover the financial costs of a data breach. Without insurance, organisations spend £3.6 By purchasing cyber liability insurance, organisations gain the resources they need at a fraction of the cost. What does cyber insurance include? How much cyber insurance do I need?

Insurance 119

Insurance Data breaches e-Delivery Risk 119

DLA Piper Privacy Matters

SEPTEMBER 6, 2023

On 11 August 2023, India’s long-awaited law governing data protection – the Digital Personal Data Protection Act, 2023 ( DPDP Act ) – received the President’s assent and was published in the official gazette the following day. data subjects, using the GDPR terminology) located within India.

Personal data 111

Personal data GDPR Data breaches Compliance 111

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.

Insurance 352

Insurance Communications Authentication Access 352

Data Protection Report

MARCH 21, 2023

2] In this context, the Directorate General of the French Treasury has put forward a plan of action with a view to clarifying the cyber-insurance legal framework, better gauging cyber-risks, and enhancing companies’ awareness as regards cyber-risks. 12-10-1 into the French Insurance code. However, in the end, Article L.12-10-1

Insurance 105

Insurance Data breaches Personal data GDPR 105

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage. Cyber Insurance is Booming.

Insurance 105

Insurance Ransomware Cybersecurity Marketing 105

Hunton Privacy

MAY 29, 2020

The implementation of Thailand’s Personal Data Protection Act B.E. If any data controller is unsure as to whether it falls within the scope of those listed in the Royal Decree as being exempt from compliance with the PDPA until May 31, 2021, it may seek advice from the Personal Data Protection Committee.

Personal data 84

Personal data Compliance Insurance IT 84

Krebs on Security

OCTOBER 30, 2024

A few days after BlackCat imploded, the same stolen healthcare data was offered for sale by a competing ransomware affiliate group called RansomHub. “Affected insurance providers can contact us to prevent leaking of their own data and [remove it] from the sale,” RansomHub’s victim shaming blog announced on April 16.

Insurance 283

Insurance Ransomware Data breaches Computer and Electronics 283

Hunton Privacy

JANUARY 5, 2024

Background The case related to the processing of an incapacitated employee’s personal data, including health data, by the medical service provider (“MDK”) of a health insurance fund in Germany. Under applicable law, the MDK draws up reports on the capacity of individuals insured by the health insurance fund to work.

GDPR 125

GDPR Personal data Insurance IT 125

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

Insurance 95

Insurance Risk Marketing Cybersecurity 95

Data Protection Report

APRIL 30, 2024

The claims related to the company’s sharing personal data without consumer consent and making it very difficult for consumers to cancel their subscriptions to this telehealth service. The order also, in Section IX, set forth data destruction requirements and a data retention policy.

Personal data 85

Personal data Privacy Information governance Compliance 85

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. The necessity for cyber-insurance coverage. With cyber attacks amounting to a question of when and not if, cyber insurance becomes crucial for ensuring business continuity and mitigating the business impact of attacks – should they occur. Tue, 05/10/2022 - 05:43.

Insurance 77

Insurance Authentication Risk Ransomware 77

IBM Big Data Hub

MAY 1, 2023

In this first of two posts, I investigate the anatomy of artificial intelligence and its impact on insurance. Artificial intelligence applied to insurance The insurance industry has always made extensive use of data and algorithms, such as in the calculation of insurance premiums.

Artificial Intelligence 75

Artificial Intelligence Insurance Risk Personal data 75

Krebs on Security

FEBRUARY 7, 2022

as a condition of receiving state or federal financial assistance, such as unemployment insurance, child tax credit payments, and pandemic assistance funds. In the face of COVID, dozens of states collectively lost tens of billions of dollars at the hands of identity thieves impersonating out-of-work Americans seeking unemployment insurance.

Access 233

Access Authentication Insurance Personal data 233

Data Breach Today

NOVEMBER 7, 2022

Group Claiming Affiliation With REvil Threatens to Release Data Embattled Australian private health insurer Medibank says it won't pay hackers' extortion demand, saying it can't trust cybercriminals to delete personal data. million individuals.

Insurance 130

Insurance Personal data Ransomware IT 130

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. may require a recorded, live video chat with the person applying for benefits. These days, ID.me

Access 364

Access Insurance Authentication Government 364

The Last Watchdog

AUGUST 1, 2023

1, 2023 – Guardz , the cybersecurity company securing and insuring SMEs, today disclosed the existence of a Hidden Virtual Network Computing (hVNC) malware targeting macOS devices. This combination of stealth, persistence, data theft, and remote control makes the malware a very potent tool in the hands of malicious actors.

Insurance 189

Insurance Cybersecurity Risk Education 189

Data Protection Report

FEBRUARY 27, 2020

Given the level of interest in the case, we have prepared a deeper-dive into the facts and the implications of the decision, with a focus on the important role played in the case by cyber insurance. Until recently, there had not been an example of a cyber insurer actively participating in a recovery action. This is set out below.

Insurance 81

Insurance Risk Data breaches Personal data 81

The Last Watchdog

OCTOBER 29, 2018

If having a skilled technical staff isn’t critical, then what arrangements should a company have in place to mitigate the occurrence of a data breach and to avoid the fines and penalties that can follow? Insurability. The internal risk reduction of a data breach translates to dollar savings over the life of a policyholder’s premium.

Security 164

Security Data Privacy Privacy Data breaches 164

Hunton Privacy

APRIL 18, 2023

SB 5’s protections would apply to residents of Indiana who act for a personal, family or household purpose, with express exemption for individuals acting in a commercial or employment context.

Privacy 132

Privacy Personal data Sales Insurance 132

Threatpost

FEBRUARY 8, 2018

The vulnerability also exposed login credentials for a massive national insurance claims database, Upguard says.

Insurance 48

Insurance Personal data Ransomware Cloud 48

IBM Big Data Hub

MAY 8, 2023

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. Usage risk—inaccuracy The performance of an AI system heavily depends on the data from which it learns.

Insurance 68

Insurance Risk Artificial Intelligence Government 68

The Last Watchdog

APRIL 30, 2019

That could be for insurance purposes. “As As with any insurance, cyber insurance really requires due care.” Privacy in focus The flip side of data security is privacy. Wrenn said. “So That said, there is a new NIST framework in the works, this one focusing specifically on privacy.

Cybersecurity 173

Cybersecurity Insurance Security Privacy 173

Data Protection Report

JULY 28, 2021

Pursuant to the court’s decision, Article 15 GDPR also covers information already known about the data subject, previous correspondence and notes of internal processes or internal communications related to the data subject. The defendant was a life insurance company and the claimant their insured.

Access 128

Access GDPR Personal data Insurance 128

Hunton Privacy

MAY 10, 2022

On May 10, 2022, Connecticut Governor Ned Lamont signed An Act Concerning Personal Data Privacy and Online Monitoring , after the law was previously passed by the Connecticut General Assembly in April. Connecticut is now the fifth state to enact a consumer privacy law.

Privacy 118

Privacy Personal data Sales B2B 118

Hunton Privacy

JULY 1, 2022

In its consent order , the Department noted that the cybersecurity events had caused the exposure of a substantial amount of sensitive personal data belonging to Carnival’s customers, including those residing in New York. NYDFS also found that Carnival had failed to implement basic protocols to prevent data breaches.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Thales Cloud Protection & Licensing

MAY 26, 2023

CIAM in insurance: A unified, secure user experience with a single login madhav Fri, 05/26/2023 - 07:33 In recent years, the insurance industry has transformed from a singularly focused entity to a multi-brand or multi-service type of business. Adding value to the user experience (a top priority for 59% of insurers) 2.

Insurance 71

Insurance Digital transformation Security Authentication 71

Security Affairs

JANUARY 23, 2024

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

Government 137

Government Insurance Ransomware Data breaches 137

Hunton Privacy

MARCH 24, 2022

Similar to the CPA and VCDPA, the UCPA contains exemptions for covered entities, business associates and protected health information subject to the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”), and financial institutions or personal data subject to the Gramm-Leach-Bliley Act (“GLB”).

Privacy 113

Privacy Personal data Sales B2B 113

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. What was leaked? Drug prescription listings).

Insurance 123

Insurance Passwords Libraries Access 123

AIIM

AUGUST 13, 2020

In the insurance industry, for example, companies such as Progressive have developed an online Internet service that has had an obvious impact on older insurance companies and their business model. At the same time, they understand that new entrants are coming into the marketplace with dramatically different business models.

Insurance 206

Insurance Sales Digital transformation Personal data 206

The Last Watchdog

SEPTEMBER 24, 2024

The growing threat of cybercrime, including ransomware attacks and large-scale data leaks, is also pushing individuals to take more control of their personal data. Credit monitoring services provide ongoing tracking of credit reports for suspicious activity, and some even offer insurance for identity theft-related losses.

Authentication 216

Authentication IT ROT Compliance 216

DLA Piper Privacy Matters

APRIL 8, 2019

This fragmentation has, unsurprisingly, lead to a heavy administrative burden for the secondary users of social and health care data by parallel and slow licence procedures with various authorities. The decisions on licenses are subject to an appeal.

Personal data 68

Personal data GDPR Healthcare Compliance 68

The Last Watchdog

AUGUST 19, 2021

TMobile has now issued a formal apology and offered free identity theft recovery services to nearly 48 million customers for whom the telecom giant failed to protect their sensitive personal information. At the start of this week, word got out that hackers claimed to have seized personal data for as many as 100 million T-Mobile patrons.

Data breaches 235

Data breaches Authentication Access Personal data 235

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 123

Data breaches Insurance Paper Access 123