Remove Cyber Risk Remove Data collection Remove Insurance
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Insurance and Ransomware

Schneier on Security

Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. Although it is a societal problem, cyber insurers have received considerable criticism for facilitating ransom payments to cybercriminals.

Insurance 337
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COVID-19 Vaccination Management Problems Have Created a Privacy Nightmare For Americans – Even Without Vaccine Passports

Joseph Steinberg

Hospitals, medical clinics, labs, pharmacies, insurance companies, and others involved in the vaccination process often require people who want to be vaccinated to share large amounts of both medical and demographic data in order to register for vaccine appointments.

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Kaiser Permanente Discloses Data Breach Impacting 13.4 Million People

SecureWorld News

This incident underscores the need for robust data security measures at healthcare providers, insurers, and companies that handle protected health information (PHI). Protecting your information online starts with good cyber hygiene.

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ICFR Best Practices: How to Design and Maintain Strong Financial Controls

Centraleyes

The Office of the Comptroller of the Currency (OCC), Federal Reserve, and Federal Deposit Insurance Corporation (FDIC) integrate COSO principles into their guidance for banking institutions. Accurate Data Collection: Use reliable systems to collect financial data.

Risk 52
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AON ACQUIRES CYTELLIGENCE, A LEADING INTERNATIONAL CYBER SECURITY FIRM WITH DEEP EXPERTISE IN CYBER INCIDENT RESPONSE AND DIGITAL FORENSIC INVESTIGATIONS

Cytelligence

The 2019 Cybersecurity Almanac published by Cisco and Cybersecurity Ventures predicts that cyber events will cost $6 trillion annually by 2021, as companies are digitizing most of their processes and are often operating remotely. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025.

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The Best 10 Vendor Risk Management Tools

Centraleyes

Centraleyes collects real-time threat intelligence from various sources, providing unparalleled visibility into potential vulnerabilities and gaps. The platform goes beyond data collection by automatically generating actionable remediation tasks with intelligent prioritization and efficient management.

Risk 111
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34 Most Common Types of Network Security Protections

eSecurity Planet

Within this framework are requirements to minimize lateral movement and impact in breach scenarios as well as data collection and response requirements. In worst-case scenarios, these firms should cover your business if you’re impacted by a data breach that leaks sensitive information and leads to fines and legal fees.