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New York issues cyber insurance framework as ransomware, SolarWinds costs mount

CSO Magazine

On February 4, 2021, New York became the first state in the nation to issue a cybersecurity insurance risk framework to all authorized property and casualty insurers. The framework applies to all property or casualty insurers that write cybersecurity insurance.

Insurance 106
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Your location or browsing habits could lead to price increases when buying online

Malwarebytes

This is nothing new, we’ve seen numerous times that insurance companies are very interested in our lifestyle and will happily charge more or even refuse to take us in as customers if they think were too much of a risk. Protect yourand your family’spersonal information by using identity protection.

Insiders

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Legal Zero-Days: How Old Laws Became a Novel Loss Generator

SecureWorld News

[RELATED: The Pixel Lawsuits Aren't About Pixels ] Plaintiffs are bringing claims under wiretap laws passed in the 1960s, privacy statutes from the early days of home video, and consumer protection provisions that predate modern web architecture. In cybersecurity, a zero-day is a vulnerability no one knew existeduntil someone uses it.

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2024 Cybersecurity Laws & Regulations

eSecurity Planet

Understanding and adhering to cybersecurity regulations is crucial for any organization as cyber threats evolve and become more sophisticated. The landscape of cybersecurity laws and regulations today is set to undergo significant changes, impacting businesses, government entities, and individuals alike.

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The FFIEC’s Origins and Purpose for Banking Industry

Centraleyes

This comprehensive guide will explore the council’s origins, structure, responsibilities, and impact across various domains such as cybersecurity, real estate, and regulatory compliance. The Federal Deposit Insurance Corporation (FDIC) – Insures deposits and supervises financial institutions for safety and soundness.

Banking 52
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8 Ways to Protect Yourself against Scams on Black Friday and Cyber Monday

Adam Levin

Credit cards come with consumer protections that limit your liability if your card information is stolen. You might also want to check with your insurance company, financial institution and/or employer to see if they offer products and services to get you through an identity-related incident. You are using a credit card, yes?

Scams 239
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AI Regulation in Finance: Steering the Future with Consumer Protection at the Helm

Centraleyes

The AI revolution in finance presents numerous opportunities and, simultaneously, the potential for many risks , specifically regarding consumer protection. Financial institutions must emphasize trust-building measures by preserving data privacy and consumer protection to mitigate risk in AI systems. and investor doubts.