This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Tokio Marine HCC's Keith Bergin on Cybersecurity Measures for Insurance Eligibility Keith Bergin, vice president of corporate claims at Tokio Marine HCC, explains how cyber insurers evaluate security measures such as MFA and administrative access control, and describes the integration of threat intelligence and pre-breach services to enhance policyholder (..)
Car insurance provider Geico has suffered a data breach, attackers have stolen the driver’s licenses for policyholders for several weeks. Geico, the second-largest auto insurer in the U.S., Once discovered the security breach, Geico secured the website and launched an investigation into the incident to determine the root cause.
Insurance giant CNA notifies customers of a data breach after the Phoenix CryptoLocker ransomware attack suffered in March. US insurance giant CNA is notifying customers of a data breach after the ransomware attack that it suffered in March. Bloomberg was informed about the payment by two people familiar with the attack.
Gallagher (AJG) insurance giant disclosed a ransomware attack, the security breach took place on Saturday. Gallagher (AJG) global insurance brokerage firm confirmed that it was his with a ransomware attack on Saturday, September 26. US-based Arthur J. US-based Arthur J. Gallagher & Co. ” continues the form.
The Postal Police has issued an alert to warn citizens against insurance scams using QR codes. In practice, fake insurance operators contact victims through calls, messages, or sponsorships on social networks, offering policies at advantageous prices. Online companies do not use generic domains or channels such as WhatsApp or Telegram.
Merck has resolved a dispute with insurers regarding a $1.4 Merck and its insurers have agreed with a $1.4 billion insurance claim for the losses caused by the NotPetya attack that took place in 2017. Merck had not taken out specific insurance to cover cyber attacks, it only had insurance coverage against general risks.
Lynn Peachey, the director of business development at Arete Incident Response, says that insurance companies have made "a pretty quick turnaround in terms of trying to respond to the ransomware epidemic." She discusses the changes they are making, which include leveraging data quantification.
As threat actors continue to evolve their attacks to circumvent security measures, cyber insurers are raising the bar for prospective healthcare security clients. Underwriters are increasing their scrutiny and adding new coverage requirements, said Chris Henderson of cybersecurity company Huntress.
A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service. million in phony claims.
” The figure is alarming: the 2024 cyberattack on the insurance giant exposed the private data of over half the U.S. According to the Associated Press, UnitedHealth booked $1.1 billion in total costs from the cyberattack in the second quarter. . The final figure represents well over half of the U.S. population.”
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.
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.
California Firm Said August Attack Affected Clients' Data A California insurance broker that handles employee benefits, workers' compensation and property liability is notifying more than 1.5
One Vendor Linked to Vast Majority of Connecticut Exchange's Incidents Access Health, Connecticut's health insurance exchange under the Affordable Care Act, experienced dozens of mostly small data breaches over about a 3 1/2-year period, and the vast majority involved one contractor, says an auditor report that recommends the exchange make improvements (..)
The company discovered the security breach on May 12 and promptly began investigating into the incident. ConnectOnCall hired cybersecurity experts, took its product offline, and began restoring it in a secure environment. ” reads the Notice of Data Security Incident. . ” reads the Notice of Data Security Incident.
Data Security Posture Management (DSPM) helps organizations address evolving data security and privacy requirements by protecting and managing sensitive information. To add to the difficulty, the advent of Generative AI (GenAI) has brought unprecedented security and privacy risks. What is Data Security Posture Management?
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. But since the sneaky insurance agent purposely negotiates so as not to pay for the insurance claim, only the insurance company wins in this situation.
The alert provides Tactics, Techniques, and Procedures (TTPs) and Indicators of Compromise (IOCs) obtained from law enforcement investigations and reports from third-party security firms. reads the CSA. According to the experts, the ransomware gang has infected over 329 victims, including ABB , Capita , Dish Network , and Rheinmetall.
Firms Back New Guidance for Victims From UK's National Cyber Security Centre A coalition of cyber insurance associations has pledged to back fresh government cybersecurity guidance designed to help victims avoid ever paying a ransom, as part of an ongoing push to reduce ransomware's profitability for criminals in part by improving organizations' resilience (..)
WestRock did not share details about the security incident, it only confirmed that its staff discovered the attack on January 23. On Friday the company provided an update on the security incident while it is working on restoring impacted systems. ” WestRock confirmed that it has cyber insurance business interruption insurance.
Immediately after discovering the security breach, the company started the investigation with the help of a cybersecurity forensic firm. Additionally, we implemented enhanced security measures to prevent similar incidents from occurring in the future.” The information impacted varies by individual.
26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 million unfilled cyber security jobs, showing a big need for skilled professionals. million per breach.
Every week the best security articles from Security Affairs are free for you in your email box. Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4 A new round of the weekly SecurityAffairs newsletter arrived!
The threat actor systematically utilized software distributed by security vendors to sideload ShadowPad and PlugX variants.” The attackers focused on the hijacking of programs belonging to security vendors, including Symantec, TrendMicro, BitDefender, McAfee and Kaspersky. .”Once Pierluigi Paganini.
The business services provider Conduent told the SEC a January cyberattack exposed personal data, including names and Social Security numbers. The business services provider Conduent revealed that personal information, including names and Social Security numbers, was stolen in a January cyberattack.
Cloud Security Challenges However, adopting cloud computing significantly expanded the attack surface for businesses, effectively dissolving the traditional network perimeter. This shift introduced new vulnerabilities, and conventional security measures designed to protect a well-defined, centralized perimeter were no longer enough.
Misconfigured Database Might Have Led to Data Breach, Security Experts Say An unauthorized person appears to have gained entry to insurance software firm Vertafore and compromised the driver's license information of over 27 million Texas citizens. Security analysts are leaning toward a misconfigured database as the culprit.
Every week the best security articles from Security Affairs are free in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press. Managing Cybersecurity in the Age of Artificial Intelligence Clearview AI Faces €30.5M
Joe Toomey of Cyber Insurer Coalition Details Rise in Attacks Targeting Weak MFA Adversaries seeking easy access to enterprise networks continue to probe for weak multifactor authentication deployments, oftentimes via nontargeted attacks that lead to phishing pages designed to steal one-time codes, said Joe Toomey, head of security engineering at cyber (..)
Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.
The security incident exposed the personal and health information of the patients. Michigan Medicine discovered that emails and attachments containing identifiable patient and insurance guarantor information were accessed in the data breach. Michigan Medicine notified patients of the data breach.
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. The company has operations in 25 countries, more than 4,000 employees, and billions in revenue annually. Acting on a tip from Milwaukee, Wis.-based
Last week, KrebsOnSecurity heard from a reader who had his freeze thawed without authorization through Experian’s website, and it reminded me of how truly broken authentication and security remains in the credit bureau space. “They’re allowing this huge security gap so they can make a profit. .”
The insurance company Prudential Financial confirmed that the data breach it suffered in February 2024 affected over 2.5 The company did not share details of the cyber attack, however, the Alphv/BlackCat ransomware gang claimed responsibility for the security breach. Prudential Financial confirmed that more than 2.5
A new round of the weekly Security Affairs newsletter arrived! Every week the best security articles from Security Affairs for free in your email box. The post Security Affairs newsletter Round 375 by Pierluigi Paganini appeared first on Security Affairs. Follow me on Twitter: @securityaffairs and Facebook.
Australian Information Commissioner Will Investigate Insurer'sSecurity Practices The Russia-based ransomware gang behind the hack of Australia's largest private health insurer says it posted a full set of stolen data.
“PSEA experienced a security incident on or about July 6, 2024 that impacted our network environment. The Pennsylvania State Education Association promptly launched an investigation into the security breach with the help of cybersecurity experts. ” reads the data breach notification. PSEA also notified law enforcement.
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).
Secret Service warned of “massive fraud” against state unemployment insurance programs , noting that false filings from a well-organized Nigerian crime ring could end up costing the states and federal government hundreds of millions of dollars in losses. Meanwhile, a number of U.S. Last week, the U.S. ” STATE WEB SITE WOES.
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.
Plus: The operator of a dark-web cryptocurrency “mixing” service is found guilty, and a US senator reveals that popular safes contain secret backdoors.
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. Pierluigi Paganini.
We organize all of the trending information in your field so you don't have to. Join 55,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content