The Last Watchdog

OCTOBER 26, 2021

This, in turn, has triggered a surge in certificate outages: some two-thirds of 400 enterprises participating in a recent survey reported certificates expiring unexpectedly – with 25 percent experiencing five to six such outages in a recent six month period. Addressing compliance, security. Automation embraced.

Digital transformation 230

Digital transformation Compliance Encryption Authentication 230

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

IT Governance

SEPTEMBER 15, 2021

A UK government report published last year found that 48% of organisations lacked the expertise to complete routine cyber security practices. The report also found that 30% of organisations had skills gaps in more advanced areas, such as penetration testing, forensic analysis and security architecture.

Security 122

Security Insurance Education Government 122

IT Governance

MARCH 20, 2024

In the UK, cyber security has been dropping down the board’s list of priorities. The UK government’s Cyber Security Breaches Survey 2023 confirms this trend. Fewer directors, trustees and other senior managers of both UK businesses and charities see cyber security as a high priority in 2023 compared to 2022.

Security 113

Security Data breaches Government Insurance 113

Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.

Insurance 78

Insurance Financial Services Cybersecurity Risk 78

IT Governance

JUNE 9, 2022

Organisations that are looking to bolster their information security practices are often advised to certify to Cyber Essentials – and for good reason. Secure configuration , which helps administrators select appropriate settings for devices and software. When implemented correctly, these controls can prevent about 80% of cyber attacks.

Security 119

Security Insurance Information Security Data breaches 119

Thales Cloud Protection & Licensing

OCTOBER 14, 2024

Thales conducted a focused analysis drawn from its global 2024 Data Threat Report survey, centered on security and IT management professionals working for FinServ organizations to better understand the challenges these entities face in a rapidly shifting threat landscape.

Financial Services 62

Financial Services Cloud Compliance Authentication 62

IT Governance

SEPTEMBER 1, 2021

Cyber security is becoming an expensive endeavour for organisations – and in many cases, the costs are so high that they can’t deal with threats appropriately. However, it’s one thing to want to invest in cyber security, but something else entirely to set aside the budget to do so. What is cyber security as a service?

Security 124

Security GDPR Cloud Insurance 124

IT Governance

OCTOBER 4, 2021

Sophos’s most recent annual ransomware survey, The State of Ransomware 2021 , found that 37% of organisations surveyed in 2021 had been affected by ransomware in the previous year. Although this is a year-on-year reduction (51% of surveyed organisations were affected in 2020), the threat remains significant. Train your staff.

Ransomware 133

Ransomware Insurance Security Access 133

IT Governance

SEPTEMBER 26, 2018

Two thirds of UK organisations are uninsured against the financial impact of a data breach, a survey has revealed. The Risk:Value 2018 Report by NTT Security discovered that only 29% of organisations have dedicated cyber insurance in place, despite 81% of senior executives touting insurance against data breaches as “vital”.

Data breaches 93

Data breaches Insurance Information Security Compliance 93

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

Insurance 70

Insurance Cybersecurity Risk Education 70

Rocket Software

JUNE 16, 2022

In today’s digital world, the ability to reduce the risk of fraud is key for any industry, but especially so for health insurance providers and healthcare organizations. The post Mainframe automation and AI to detect risk of fraud in healthcare insurance: 4 key considerations appeared first on The Rocket Software Blog.

Insurance 84

Insurance Risk Digital transformation Marketing 84

IT Governance

MAY 20, 2020

We take a look at some of those challenges in this latest round-up, which discusses the cyber security risks associated with the pandemic and the ways lockdown threatens our ability to work productively and safely. Cyber crime. Phishing scams. Britons have been scammed out of £3.5

Security 116

Security Phishing Insurance Risk 116

AIIM

AUGUST 19, 2021

Despite the proven operational improvements to be gain by going paperless, paper is still prevalent in too many core business processes today including loan applications, insurance claims, and customer onboarding. Reduced Business Risks: A fully digital environment allows you to work not only faster, but also safer.

Paper 223

Paper ECM Digital transformation Access 223

The Last Watchdog

AUGUST 15, 2019

A survey of local media reports by Recorded Future tallied 38 ransomware attacks against cities in 2017, rising to 53 attacks in 2018. insurance giant Beazley Worldwide reported that the average ransomware demand in 2018 was more than $116,000, a figure admittedly skewed by some very large demands. Best security practices are a must.

Ransomware 196

Ransomware Access Cybersecurity Insurance 196

IT Governance

FEBRUARY 8, 2018

The Cyber Security Breaches Survey 2018 from the Department for Digital, Culture, Media and Sport (DCMS) has revealed that only 38% of businesses and 44% of charities have heard of the General Data Protection Regulation (GDPR). This is a worrisome finding, as it is only a matter of months until the new Regulation is enforced.

GDPR 54

GDPR Government Education Compliance 54

The Last Watchdog

MARCH 1, 2019

There’s a frantic scramble going on among those responsible for network security at organizations across all sectors. Enterprises have dumped small fortunes into stocking their SOCs (security operations centers) with the best firewalls, anti-malware suites, intrusion detection, data loss prevention and sandbox detonators money can buy.

Digital transformation 193

Digital transformation Marketing Analytics Risk 193

eSecurity Planet

NOVEMBER 10, 2021

For a security technology that’s only a few years old, microsegmentation is catching on quickly. According to a new report from edge security vendor Byos, 88 percent of cybersecurity leaders believe microsegmentation is essential to achieving zero trust security, and 83 percent are currently leveraging microsegmentation in some form.

Communications 128

Communications IoT Access Marketing 128

eSecurity Planet

OCTOBER 5, 2021

Install layered security. Test both security and policies for effectiveness. Ransomware Security. When installing layered security we need to focus on the most likely target and the most likely attack paths. We need to verify that our security has been correctly installed and is functioning. Planning and Testing.

Ransomware 132

Ransomware Insurance Encryption Security 132

eSecurity Planet

MARCH 18, 2022

Many security professionals think that if they have done the hard work of securing their organization, that should be enough. Even though drafting IT security policies can be a pain, formal policies provide a valuable resource to protect both the IT team and their organization. Written security policies.

Security 124

Security Compliance IT Access 124

Dark Reading

APRIL 27, 2023

Compliance acts as primary driver for obtaining cyber insurance, but budget constraints hinder efforts.

Insurance 56

Insurance Cloud Cybersecurity Compliance 56

eSecurity Planet

OCTOBER 18, 2021

” Cyber Insurance No Longer Reliable. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. ” A Holistic Security Approach.

Ransomware 105

Ransomware Insurance Digital transformation Cybersecurity 105

IT Governance

NOVEMBER 6, 2023

When MOVEit was hacked by the Russian Cl0p ransomware gang in May, email addresses and links to government employee surveys were compromised. It secured its systems, notified law enforcement and began investigating the incident. LockBit has threatened to publish the data if Boeing doesn’t contact it – presumably, to pay a ransom.

Data Privacy 86

Data Privacy Privacy Security Libraries 86

Hunton Privacy

MARCH 19, 2014

The Department of Health and Human Services’ Office for Civil Rights (“OCR”) recently announced that it intends to survey up to 1,200 covered entities and business associates to determine their suitability for a more fulsome HIPAA compliance audit. HHS conducted an audit of 115 covered entities in 2012.

Compliance 40

Compliance Insurance Privacy Risk 40

eSecurity Planet

MAY 2, 2024

The 2023 vendor surveys arriving this quarter paint a picture of a cybersecurity landscape under attack, with priority issues affecting deployment, alert response, and exposed vulnerabilities. Most organizations express confidence in their current status and budgets, but also expect to experience at least one data breach in 2024.

Cybersecurity 122

Cybersecurity Ransomware Passwords Cloud 122

DXC Technology

OCTOBER 17, 2019

When it comes to cyber security, U.S. That observation is based on the third annual Cyber Report from property and casualty insurer Chubb (pdf), which found that eight in 10 Americans continue to be concerned about a cyber […]. businesses and citizens alike have plenty of concerns, but they may not know how to mitigate them.

Security 8

Security Insurance IT Phishing 8

Adam Levin

NOVEMBER 23, 2020

A BBB survey conducted in August found that the majority of these scammed consumers made purchases for which they never received products. “Of Don’t click that link… According to the BBB survey, emails wasn’t the most common way scammers pilfered people’s pockets, but it does still happen. On top of that, 80.5%

Passwords 95

Passwords Retail Insurance Security 95

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Data breaches 147

IT Governance

JUNE 18, 2018

One in five schools and colleges have fallen victim to cyber crime, according to research from the specialist insurer Ecclesiastical, yet the majority (74%) of educational establishments claim to be “fully prepared” to deal with such attacks. . Secure your school with Cyber Essentials >> . Both exploit human error. .

Phishing 83

Phishing Ransomware Education Insurance 83

OpenText Information Management

APRIL 9, 2025

OpenText commissioned Dark Reading to survey executives and hands-on security professionals, and this report is the result of that survey. This integration helps security teams isolate compromised accounts before they cause damage and provides actionable insights to refine access policies and harden identity systems over time.

Authentication 52

Authentication Access Risk Security 52

Adam Levin

JUNE 30, 2020

In the same survey, 35 percent thought CEOs should be fined for a cyber failure, and 30 percent wanted to see a CEO lose his or her right to run any company following a serious cyber event. Some of the survey’s findings suggest there’s some cognitive dissonance. Twelve thousand respondents in the U.S., What can CEOs do?

Ransomware 74

Ransomware Insurance Cybersecurity Manufacturing 74

Privacy and Cybersecurity Law

MARCH 23, 2018

On March 14, 2018, IBM Security announced the results of a new global study on organizational cybersecurity readiness and resiliency entitled “The 2018 Cyber Resilient Organization.” 23% of respondents say they do not currently have a CISO or security leader. .” Is this confidence misplaced?

Cybersecurity 40

Cybersecurity Data breaches Artificial Intelligence IoT 40

IT Governance

MARCH 2, 2020

At first glance, February appears to be a big improvement cyber security-wise compared to the start of the year. Ordinance Survey discovers breach of employee data (1,000). Pacific Specialty Insurance Company notifies plan members of 2019 data breach (unknown). Transmit Security notifies customers of a cyber attack (unknown).

Data breaches 144

Data breaches Ransomware Phishing Personal data 144

IT Governance

MAY 30, 2019

The cyber security story for May 2019 is much the same as it was last month, with one mammoth breach raising the monthly total. which breached sixteen years’ worth of insurance data. Salesforce customers faced 15-hour delay as org investigates security incident (unknown). UK government commits email privacy blunder (300).

Data breaches 112

Data breaches Personal data Ransomware Phishing 112

Thales Cloud Protection & Licensing

OCTOBER 10, 2018

I now see cyber security – and more specifically, data security – positioned at the edge of a similar tipping point. With this only set to continue, there is every chance we may soon see organisations using data security to seize a competitive advantage. Think TV licenses and car insurance, for example.

GDPR 76

GDPR Security Marketing Data breaches 76

eSecurity Planet

SEPTEMBER 16, 2022

PwC’s 2022 Global Economic Crime and Fraud Survey reported that 46% of surveyed organizations experienced corruption, fraud, or other economic crimes in the 24-month survey period. For example, Experian’s 2021 Global Identity and Fraud Report stated that 82% of surveyed businesses had adopted customer recognition strategies.

Analytics 115

Analytics Risk Authentication Financial Services 115

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78