IT Security Guru

AUGUST 7, 2024

The insurance industry is experiencing a significant transformation fuelled by the ubiquity of digital technologies. As these solutions gain traction in this sector, they add complexity to a regulatory landscape that insurance firms need to navigate, especially when it comes to Customer Identity and Access Management (CIAM).

Insurance 124

Insurance Data collection Authentication Technology 124

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

Hacker's King

DECEMBER 24, 2024

Expansion of Cyber Insurance As cyberattacks grow in frequency and scale, the demand for cyber insurance will surge. In 2025, insurers will refine their policies to cover new threats such as ransomware and supply chain attacks, providing businesses with financial safeguards against cyber losses.

Cybersecurity 59

Cybersecurity Cyber Insurance IoT Insurance 59

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 Cybersecurity Cyber Insurance Government 126

The Last Watchdog

OCTOBER 29, 2018

If having a skilled technical staff isn’t critical, then what arrangements should a company have in place to mitigate the occurrence of a data breach and to avoid the fines and penalties that can follow? Companies should have written data privacy and security policies and procedures in place. Insurability.

Data privacy 164

Data privacy Data breaches Insurance Information Security 164

Thales Cloud Protection & Licensing

DECEMBER 22, 2020

Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing. New EU restrictions could force companies to change data transfer practices and adopt more advanced data encryption methods. In recent years, costly breaches and evolving data security concerns have bubbled up to a board level agenda item.

Data privacy 118

Data privacy Encryption Risk Data breaches 118

Krebs on Security

JUNE 4, 2019

AMCA has advised LabCorp that Social Security Numbers and insurance identification information are not stored or maintained for LabCorp consumers.” We remain committed to our system’s security, data privacy, and the protection of personal information.” We have also advised law enforcement of this incident.

Insurance 269

Insurance Banking Accountability Data privacy 269

Security Affairs

JUNE 12, 2023

In February, the Clop ransomware group claimed to have stolen sensitive data from over 130 organizations by exploiting a zero-day vulnerability ( CVE-2023-0669 ) in Fortra’s GoAnywhere MFT secure file transfer tool. ” reads the data breach notification issued by the company.

Data breaches 98

Data breaches Identity Theft Ransomware Data privacy 98

The Hacker News

JULY 6, 2023

As technology advances and organizations become more reliant on data, the risks associated with data breaches and cyber-attacks also increase. The introduction of data privacy laws, such as the GDPR, has made it mandatory for organizations to disclose breaches of personal data to those affected.

Cyber Insurance 98

Cyber Insurance Insurance Data privacy Data breaches 98

Security Affairs

APRIL 29, 2019

Our researchers felt that downloading it would be an ethical breach , as they would then illegally own personally identifiable data sets without peoples’ consent. Why This Data Breach is Different. This made us suspect that the database is owned by an insurance, healthcare, or mortgage company. Pierluigi Paganini.

Data breaches 109

Data breaches Internet Internet VPN 109

Identity IQ

OCTOBER 7, 2024

Understanding Data Privacy: Keeping Your Data Secure IdentityIQ With the rise of online platforms, social media, and e-commerce, personal information has become more vulnerable to mishandling and exploitation. Data privacy is the cornerstone of helping protect your personal information from unauthorized access or exposure.

Data privacy 59

Data privacy Identity Theft Data breaches Passwords 59

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 129

Data breaches Computers and Electronics Cybercrime Ransomware 129

Security Affairs

FEBRUARY 8, 2024

Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 million per breach.

Social Engineering 141

Social Engineering Cyber Attacks Cyber Insurance IoT 141

Security Boulevard

AUGUST 31, 2021

Organizations around the world must fulfill an increasing number of regulatory requirements including NIST, Sarbanes-Oxley Act (SOX), Health Insurance Portability and Accountability Act (HIPAA), Payment Card Industry Data Security Standard (PCI-DSS) and General Data Protection Regulation (GDPR) as well as federal and state data breach laws.

Risk 114

Risk Data breaches Healthcare Financial Services 114

Centraleyes

APRIL 15, 2024

The measure prohibits the sale of sensitive data entirely, includes universal opt-out methods and anti-discrimination rules provisions, and provides a limited 60-day right to cure that expires in 2027. With MODPA, Maryland sets a precedent for prioritizing consumer privacy and data protection in the digital era.

Data privacy 52

Data privacy Identity Theft Data breaches Data collection 52

Security Boulevard

MARCH 3, 2025

If a company has effective insurance, prevention becomes even less cost-effective. By failing to value privacy alone, the system skews in favor of not protecting privacy. The post DOGE Access to Personal Information and The Difficulty of Showing Harm in Privacy Litigation appeared first on Security Boulevard.

Insurance 59

Insurance Data privacy Data breaches Security Awareness 59

CyberSecurity Insiders

APRIL 17, 2022

These issues will often arise when a company fails to ensure proper security measures and when companies don’t process sensitive data properly. You would be surprised that only in the United States, 67% of users don’t actually even know about any data privacy rules. . The company he found was AA Ireland Limited. .

Data breaches 142

Data breaches Insurance Marketing Data privacy 142

SecureWorld News

JUNE 17, 2021

Colonial Pipeline and JBS are the most recent in a long string of largely public data breaches (e.g., Equifax, Capital One, and SolarWinds), where an industry giant suffers a data breach with spider-webbing effects in the aftermath. Legally, many data privacy laws require contract language between organizations.

Data privacy 98

Data privacy Data breaches Ransomware Cybersecurity 98

Identity IQ

DECEMBER 22, 2021

The risk of identity theft is a concept that most of us are probably familiar with given the rise of cybercrime and data breaches. Works has revealed that most employees do little to protect themselves when they learn their personal information has been exposed in an employer’s data breach.

Identity Theft 98

Identity Theft Hacking Data breaches Passwords 98

Identity IQ

JANUARY 17, 2023

Why Is Data Privacy Important? If you have never been affected by a scam or issue such as identity theft, then you may not yet fully comprehend the important role that data privacy plays. Data privacy refers to keeping the information that we discussed in the previous section safe and confidential.

Data privacy 98

Data privacy Identity Theft Accountability Banking 98

SecureWorld News

JUNE 15, 2024

Over the last few years, the number of data breaches in the healthcare industry has gradually increased. While every industry holds a wealth of sensitive information, the healthcare industry is particularly vulnerable because it deals with highly personal and confidential data.

Healthcare 83

Healthcare Marketing Cybersecurity Insurance 83

Joseph Steinberg

JANUARY 18, 2024

The costs associated with data breaches, system disruptions, and the aftermath of cyber incidents can quickly escalate. News of a data breach or security lapse can spread quickly, leading to reputational damage that may take years to repair, if it is even reparable.

Cybersecurity 169

Cybersecurity Education Cyber Attacks Risk 169

Joseph Steinberg

JANUARY 18, 2024

The costs associated with data breaches, system disruptions, and the aftermath of cyber incidents can quickly escalate. News of a data breach or security lapse can spread quickly, leading to reputational damage that may take years to repair, if it is even reparable.

Cybersecurity 161

Cybersecurity Education Cyber Attacks Risk 161

Thales Cloud Protection & Licensing

MARCH 6, 2018

Some impact specific countries while others focus on individual industries, but each regulation being enforced is an indication that companies must be more accountable when it comes to how they manage data privacy and people’s data or they risk having to pay large fines. Encryption is key when it comes to protecting data.

Data privacy 88

Data privacy Encryption Healthcare Insurance 88

SC Magazine

FEBRUARY 10, 2021

Sachin Bansal, general counsel at SecurityScorecard, spoke with SC Media about ratings, and how they can be used to strengthen the supply chain, determine cyber insurance premiums and as an investigative tool for an oversight body. But what’s behind the numbers? What does CISA’s recommendation mean toward that goal?

Cyber Insurance 83

Cyber Insurance Insurance Cyber Risk Government 83

SiteLock

AUGUST 27, 2021

This guide helps provide businesses with prescriptive advice to help optimize data privacy and security practices to prevent, detect, contain and remediate the risk and impact of data loss incidents and breaches. About the Data Protection Guide.

Data breaches 40

Data breaches Cyber Insurance Data privacy Insurance 40

Security Boulevard

JULY 10, 2023

The Importance of PKI for Enterprise Business: Beyond Regulatory Compliance Many data privacy laws—e.g., Health Insurance Portability and Accountability Act (HIPAA), Payment Card Industry Data Security Standard (PCI DSS), etc.—require

Authentication 98

Authentication Encryption VPN Technology 98

SecureWorld News

JUNE 17, 2021

Colonial Pipeline and JBS are the most recent in a long string of largely public data breaches (e.g., Equifax, Capital One, and SolarWinds), where an industry giant suffers a data breach with spider-webbing effects in the aftermath. Legally, many data privacy laws require contract language between organizations.

Data privacy 57

Data privacy Data breaches Ransomware Cybersecurity 57

The Security Ledger

APRIL 27, 2021

In this episode of the podcast (#212), Brandon Hoffman, the CISO of Intel 471 joins us to discuss that company’s latest report that looks at China’s diversified marketplace for stolen data and stolen identities. Data leaks, data breaches and data dumps are so common these days that they don’t even attract that much attention.

CISO 52

CISO Data breaches Cyber Attacks Big data 52

Security Affairs

DECEMBER 1, 2020

Apodis Pharma is a company that offers a digital supply chain management platform and other software solutions created for pharmacies, healthcare institutions, pharmaceutical laboratories, and health insurance companies. He writes about cybersecurity, privacy, and the impact of technology on the daily lives of consumers.

Small Business 118

Small Business Data privacy Insurance IoT 118

Centraleyes

APRIL 8, 2024

High-profile data breaches have made data protection and privacy a hot subject. Hackers use more sophisticated methods to break network defenses and steal sensitive data on a large scale. Malicious actors target personal data because of its value. The consequences of data breaches go beyond financial impact.

Data privacy 52

Data privacy Unstructured Data Data breaches Government 52

SecureWorld News

JULY 26, 2023

The vital role of data minimization Data minimization, a fundamental principle of privacy by design, advocates for the limited collection and retention of personal data, confining it strictly to what is essential and relevant for a specified purpose.

Healthcare 98

Healthcare Data breaches Technology Risk 98

Security Boulevard

OCTOBER 17, 2024

many users likely use the same email everywhere, for everything like: bank accounts insurance accounts social media newsletters ecommerce accounts/purchases forum registrations resumes personal communications. This same email address may even be involved in data breaches and data leaks. Think about it.

eCommerce 64

eCommerce Data breaches Phishing Encryption 64

BH Consulting

JANUARY 11, 2022

There’s plenty of food for thought and perspective for anyone in security leadership or privacy roles in their organisations. We begin with a look at a contentious topic: cyber risk insurance. The blog was inspired by the growing number of organisations coming under pressure to take out insurance cover. Risk vs reward.

Cybersecurity 59

Cybersecurity Insurance Scams Cyber Risk 59

Centraleyes

DECEMBER 16, 2024

Verizons Data Breach Investigations Report showed that 74% of security breaches involve a human element, with system administrators and developers accounting for most of these errors. From GDPR updates to sector-specific regulations like HIPAA and PCI DSS, companies will face new mandates to protect sensitive data.

Cybersecurity 52

Cybersecurity Insurance Cyber Insurance Risk 52

Security Affairs

JULY 18, 2019

Small business owners are less likely to have taken adequate measures to protect their digital systems and are consequently at an even higher risk of sustaining a data breach or a ransomware attack than a major corporation. states are left on their own to fine companies which don’t take cybersecurity or client privacy seriously.

Small Business 93

Small Business Cybersecurity Education Cybercrime 93

Centraleyes

DECEMBER 19, 2024

10 NYCRR 405.46: NYs New Hospital Cyber Regulation Hospitals are no strangers to health data privacy laws like HIPAA. They address data privacy and the escalating threat of cyberattacks targeting healthcare institutions. What Are the Implications for Cyber Insurance?

Healthcare 52

Healthcare Cybersecurity Penetration Testing CISO 52