SecureWorld News

OCTOBER 13, 2023

Securities and Exchange Commission (SEC) has initiated an investigation into Progress Software regarding the high-profile MOVEit data breach incident that unfolded earlier this year. An unnamed insurance company is also pursuing the recovery of expenses incurred due to the MOVEit vulnerability.

Data breaches 102

Data breaches Software Insurance Cybercrime 102

Security Affairs

NOVEMBER 23, 2023

Healthcare services provider Welltok disclosed a data breach that impacted nearly 8.5 It provides a platform that leverages data-driven insights to engage individuals in their health and well-being. The company disclosed a data breach that exposed the personal data of nearly 8.5 million patients in the U.S.

Data breaches 101

Data breaches Insurance Healthcare Hacking 101

Security Affairs

JANUARY 19, 2024

American global apparel and footwear company VF Corp revealed that the December data breach impacted 35.5 “VF will be seeking reimbursement of costs, expenses and losses stemming from the cyber incident by submitting claims to VF’s cybersecurity insurers. million customers. ” concludes the Form 8-K.

Data breaches 121

Data breaches Retail Insurance Passwords 121

CyberSecurity Insiders

OCTOBER 21, 2022

Advocate Aurora Health(AAH), a medical services provider serving Wisconsin and Illinois populace, was hit by a data breach affecting over 3,000,000 patients. Moreover, the tool is being used by other hospitals in the country and so it could lead to more such data breaches in near time. million patients. .

Data breaches 137

Data breaches Healthcare Hacking Data privacy 137

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 As the number and severity of data breaches continues to rise, organizations are recognizing that those costs are not theoretical. Cyber Insurance is Booming.

Cyber Insurance 119

Cyber Insurance Insurance Marketing Small Business 119

SC Magazine

FEBRUARY 8, 2021

Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

CyberSecurity Insiders

SEPTEMBER 12, 2022

Cyber security analysts suspect the data can be used for extortion and can be apparently sold on the dark web for huge profits. Prima facie, conducted by Eurocell, claimed that data was copied indeed from the servers storing data from showrooms in Wolverhampton, Stafford, Shrewsbury, Kidderminster, Cannock, and Brierley Hill.

Data breaches 114

Data breaches Cyber Attacks Identity Theft Banking 114

Security Affairs

MARCH 22, 2023

US health services company Independent Living Systems (ILS) discloses a data breach that impacted more than 4 million individuals. US health services company Independent Living Systems (ILS) disclosed a data breach that exposed personal and medical information for more than 4 million individuals.

Data breaches 85

Data breaches Insurance Hacking Cybersecurity 85

Centraleyes

APRIL 9, 2024

According to IBM’s recently released “Cost of a Data Breach” statistics report, the average financial toll of a data breach has surged to an unprecedented $4.45 Regional Disparities in Data Breach Costs The United States emerges with a significantly higher average cost of $9.4

Data breaches 52

Data breaches Cyber Insurance Insurance Ransomware 52

Cytelligence

OCTOBER 18, 2023

To mitigate these risks, businesses often invest in cyber insurance. However, there is a powerful and cost-effective tool that businesses can utilize to reduce their cyber insurance costs: strong passwords. They serve as a virtual key to access important systems, accounts, and confidential information.

Cyber Insurance 64

Cyber Insurance Insurance Passwords Cyber Attacks 64

Security Affairs

AUGUST 17, 2021

Colonial Pipeline discloses a data breach of the personal information of thousands of individuals after the ransomware attack that took place in May 2021. The Colonial Pipeline facility in Pelham, Alabama was hit by a cybersecurity attack, its operators were forced to shut down its systems. The pipeline allows carrying 2.5

Data breaches 110

Data breaches Ransomware Insurance Government 110

Centraleyes

MAY 6, 2024

The insurance industry is no exception. The insurance industry is built on handling our own and everyone else’s risks. As artificial intelligence shatters glass ceilings, the risks it introduces present a new paradigm to the insurance market in many different areas.

Insurance 52

Insurance Artificial Intelligence Cyber Insurance Marketing 52

Security Affairs

JANUARY 4, 2022

Hospitality chain McMenamins disclosed a data breach after a recent ransomware attack. Hospitality chain McMenamins discloses a data breach after a ransomware attack that took place on December 12. According to the company, threat actors have stolen data of individuals employed between July 1, 2010, and December 12, 2021.

Data breaches 108

Data breaches Ransomware Insurance Banking 108

SC Magazine

JULY 13, 2021

million patients have been impacted by a health care data breach so far in 2021, a whopping 185% increase from the same time period last year where just 7.9 Malicious cyberattacks caused the majority of these security incidents, accounting for 73% of all breaches. More than 22.8 Another 20.7%

Data breaches 113

Data breaches Insurance Healthcare Education 113

SecureWorld News

JUNE 15, 2024

The healthcare industry has had a rough time when it comes to cybersecurity. Over the last few years, the number of data breaches in the healthcare industry has gradually increased. Clearly, there’s still a lot of work to be done to improve cybersecurity measures in healthcare.

Healthcare 69

Healthcare Marketing Cybersecurity Insurance 69

Security Affairs

JUNE 12, 2021

Volkswagen America discloses a data breach at a third-party vendor that exposed the personal details of more than 3.3 Volkswagen America discloses a data breach suffered by a third-party vendor used by the car vendor for sales and marketing purposes. SecurityAffairs – hacking, data leak). million of its customers.

Data breaches 131

Data breaches Marketing Insurance Hacking 131

The Last Watchdog

AUGUST 19, 2021

Once more, a heavily protected enterprise network has been pillaged by data thieves. Last Watchdog convened a roundtable of cybersecurity experts to discuss the ramifications, which seem all too familiar. Compromising that could make other unrelated accounts vulnerable. We all know security is hard.

Mobile 306

Mobile Data breaches Authentication Accountability 306

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. The necessity for cyber-insurance coverage. And while organizations are taking steps to protect against cyber attacks, cybersecurity controls are not impenetrable. Cyber risk insurance covers the costs of recovering from a security breach, a virus, or a cyber-attack.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Risk Authentication 77

eSecurity Planet

MAY 27, 2021

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

Cyber Insurance 128

Cyber Insurance Insurance Cyber Attacks Ransomware 128

SC Magazine

JUNE 28, 2021

The rise of the cyber insurance has largely failed to promote better cybersecurity practices among the industries they cover, according to a new report released Monday from British security think tank RUSI. Growing losses from ransomware attacks have…emphasized that the current reality is not sustainable for insurers either.

Cyber Insurance 136

Cyber Insurance Insurance Ransomware Marketing 136

CyberSecurity Insiders

SEPTEMBER 20, 2021

Besides reputational damage, cybersecurity attacks also lead to operational disruptions that lead to loss of revenue. When a company finds ways to stay safe from cybersecurity attacks , its confidential information and data remain secure and confidential. Here are ways businesses can stay ahead of cybersecurity attacks.

Cybersecurity 121

Cybersecurity Insurance Passwords Encryption 121

Security Affairs

NOVEMBER 22, 2021

Utah-based radiology medical center Utah Imaging Associates discloses a data breach that impacted 583,643 former and current patients. Utah Imaging Associates (UIA) discloses a security breach, on September 4, 2021 the company claims to have detected and blocked a cyber attack. Utah Imaging Associates also notified the U.S.

Data breaches 93

Data breaches Identity Theft Healthcare Insurance 93

SecureWorld News

NOVEMBER 30, 2021

The Starwood reservation system it was acquiring had been hacked, because of a data breach that began long before the two companies became one. DNA testing company data breach impacts personal information. However, it does not appear that medical information was taken in this breach. M&A cyber risk is real.

Data breaches 80

Data breaches Insurance Cyber Risk Risk 80

SecureList

JUNE 25, 2024

Despite adopting digital technology for remote work, production, and sales, SMBs often lack robust cybersecurity measures. SMBs face significant cybersecurity challenges due to limited resources and expertise. The cost of data breaches can cripple operations, making preventive measures essential.

Cybersecurity 63

Cybersecurity Phishing Media Software 63

Security Affairs

JANUARY 4, 2022

The Broward Health public health system disclosed a massive data breach that has impacted more than 1.3 The Broward Health public health system has suffered a data breach that impacted 1,357,879 individuals. ” reads the data breach notification letter sent to the impacted individuals.

Data breaches 88

Data breaches Healthcare Identity Theft Insurance 88

Security Affairs

APRIL 11, 2022

disclosed a data breach that impacted more than 300,000 individuals. SuperCare Health disclosed a security breach that has led to the exposure of personal information belonging to its patients, patients/members of its partner organizations and others. ” reads the data security notice published by the company.

Data breaches 78

Data breaches Healthcare Insurance Cybersecurity 78

Malwarebytes

JUNE 4, 2024

The US debt collection agency Financial Business and Consumer Solutions (FBCS) has filed a data breach notification , listing the the total number of people affected as 3,226,631. FBCS has sent data breach notifications to those affected, detailing what data was compromised and offering 12 months of free credit monitoring.

Data breaches 99

Data breaches Passwords Phishing Password Management 99

SC Magazine

MAY 24, 2021

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

Security Affairs

JANUARY 7, 2024

Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4 Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Artificial Intelligence 99

Artificial Intelligence Data breaches Scams Insurance 99

SecureWorld News

JANUARY 4, 2022

The industry is strained by so many factors that proper cybersecurity protocols can be overlooked, presenting an opportunity for threat actors to try to turn a quick buck. Broward Health, a large healthcare system in South Florida, disclosed a data breach that impacts more than 1.3 million of its patients.

Data breaches 74

Data breaches Healthcare Identity Theft Social Engineering 74

Security Boulevard

JUNE 26, 2023

The end result of these types of cyber attacks are often highly public and damaging data breaches. 1 in 4 Americans reported that they would stop doing business with a company following a data breach, and 67% of consumers reported a loss of trust in an organization following a breach. What Are Data Breaches?

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

CyberSecurity Insiders

FEBRUARY 17, 2023

Prima Facie revealed that hackers accessed no client data in the attack. FYI, the company was acquired by Aviva Insurance in the year 2022 and has over 19 offices across UK and is estimated to be £10 billion worth in assets. However, a confirmation on this note can only be given after a detailed inquiry gets concluded.

Cyber Attacks 129

Cyber Attacks Identity Theft Insurance Social Engineering 129

SecureWorld News

JANUARY 31, 2024

Managing cyber, privacy, and technology exposures through insurance can be complex and requires expert attention to detail around some key areas: contractual risk management, insurance coverage negotiation, cyber-physical damage risk, and the constantly expanding universe of regulatory and privacy litigation.

Risk 83

Risk Cyber Insurance Insurance Data breaches 83

The Last Watchdog

DECEMBER 5, 2018

The healthcare industry has poured vast resources into cybersecurity since 2015, when a surge of major breaches began. While the nature of these breaches has evolved over the last four years, the growth in total healthcare incidents has unfortunately continued unabated. In early 2015, health insurer A nthem Inc.

Data breaches 153

Data breaches Healthcare Insurance Risk 153

Security Affairs

MARCH 17, 2024

Every week the best security articles from Security Affairs are free for you in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Data breaches 113

Data breaches Computers and Electronics Cybercrime Ransomware 113

Malwarebytes

JUNE 24, 2024

Health insurance information: Details about primary, secondary, or other health plans/policies, insurance companies, member/group ID numbers, and Medicaid-Medicare-government payor ID numbers. Every breach is different, so check with the vendor to find out what’s happened, and follow any specific advice they offer.

Healthcare 84

Healthcare Ransomware Passwords Insurance 84

CyberSecurity Insiders

JANUARY 8, 2022

medical history/diagnosis/treatment, dates of service, lab test results, prescription information, provider name, medical account number, or anything similar in your medical file and/or record); and financial information (i.e., health insurance policy and group plan number, group plan provider, claim information).

Data breaches 78

Data breaches Identity Theft Accountability Insurance 78