Adam Levin

MAY 19, 2021

The company has suffered data breaches in the past. . Significant data breaches at credit score bureaus include: . Experian, 2020: A data breach impacted 24 million Experian customers, plus almost 800,000 businesses in South Africa. The data included addresses, birthdays, and even Social Security numbers.

Risk 218

Risk Identity Theft Data breaches VPN 218

The Last Watchdog

AUGUST 19, 2021

At the start of this week, word got out that hackers claimed to have seized personal data for as many as 100 million T-Mobile patrons. Related: Kaseya hack worsens supply chain risk. Once more, a heavily protected enterprise network has been pillaged by data thieves. Joshua Arsenio, Director, Security Compass Advisory.

Mobile 235

Mobile Data breaches Authentication Accountability 235

Heimadal Security

JANUARY 31, 2024

Keenan data breach exposes sensitive data belonging to 1,509,616 individuals. The insurance broker company notified the impacted customers and employees on January 26th, 2024. According to the data breach notification, the hackers gained access to Keenan`s network on August 21st, 2023.

Data breaches 94

Data breaches Risk Insurance Cybersecurity 94

IT Security Guru

FEBRUARY 28, 2023

Cyber insurers are losing money. Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

Cyber Insurance 130

Cyber Insurance Insurance Marketing Cyber Risk 130

Security Affairs

DECEMBER 11, 2023

Toyota Financial Services (TFS) disclosed a data breach, threat actors had access to sensitive personal and financial data. Toyota Financial Services (TFS) is warning customers it has suffered a data breach that exposed sensitive personal and financial data.

Financial Services 140

Financial Services Data breaches Identity Theft Banking 140

Security Affairs

FEBRUARY 28, 2024

Pharmaceutical giant Cencora suffered a cyber attack and threat actors stole data from its infrastructure. Pharmaceutical giant Cencora disclosed a data breach after it was the victim of a cyberattack. Optum Solutions is a subsidiary of UnitedHealth Group, a leading health insurance company in the United States.

Data breaches 135

Data breaches Healthcare Insurance Ransomware 135

SecureWorld News

JANUARY 11, 2024

In this digital battlefield, cyber insurance has emerged as a crucial shield, offering financial protection against data breaches, ransomware attacks, and other cyber incidents. This puts a strain on insurance companies, who are forced to adjust premiums to maintain solvency.

Cyber Insurance 105

Cyber Insurance Insurance Cyber Risk Data breaches 105

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 129

Cyber Insurance Insurance Cyber Attacks Ransomware 129

Security Affairs

AUGUST 20, 2020

The South African branch of consumer credit reporting agency Experian disclosed a data breach that impacted 24 million customers. The South African branch of consumer credit reporting agency Experian disclosed this week a data breach that impacted 24 million customers. ” reads the report. Pierluigi Paganini.

Data breaches 140

Data breaches Advertising Insurance Banking 140

Security Affairs

OCTOBER 20, 2022

Healthcare system Advocate Aurora Health (AAH) disclosed a data breach that exposed the personal data of 3,000,000 patients. The US-based hospital healthcare system Advocate Aurora Health (AAH) disclosed a data breach that exposed the personal data of 3,000,000 patients. Pierluigi Paganini.

Data breaches 139

Data breaches Healthcare Insurance Accountability 139

The Last Watchdog

DECEMBER 5, 2018

The compromised databases included names, addresses, dates of birth, insurance policy details, medical record numbers, account balances and dates of service — of both guarantors and patients. The fact that this incident is being labeled “the Atrium breach” in the media also shows where the reputational risk lies.

Data breaches 153

Data breaches Healthcare Insurance Risk 153

Malwarebytes

NOVEMBER 13, 2023

The US State of Maine says it has suffered a data breach impacting around 1.3 The type of stolen data varies from person to person, likely because the data breach affected multiple agencies in the State. The breach also impacted several other departments. million people. Watch out for phishing emails, too.

Data breaches 131

Data breaches Identity Theft Insurance Education 131

SC Magazine

JULY 6, 2021

million patients affected by a data breach. Insurance giant Dominion National reached a $2 million settlement with the 2.9 million patients affected by its nine-year data breach, first reported in 2019. Dominion is a health plan administrator, as well as an insurer of dental and vision benefits.

Data breaches 125

Data breaches Insurance Identity Theft Healthcare 125

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

Security Affairs

AUGUST 28, 2024

Software solutions provider Young Consulting disclosed a data breach impacting 950,000 individuals following a BlackSuit ransomware attack. ” reads a notice of data breach published by the company. On April 13 the company “became aware of technical difficulties” that impacted its infrastructure.

Data breaches 115

Data breaches Ransomware Insurance Software 115

Security Affairs

FEBRUARY 26, 2021

Data Breach: WizCase team uncovered a massive data leak containing private information about Turkish Citizens through a misconfigured Amazon S3 bucket. Inova is an actuarial consultancy company, which means they compile statistical analysis and calculate insurance risks and premiums. What’s Going On?

Data breaches 124

Data breaches Insurance Identity Theft Education 124

SC Magazine

APRIL 19, 2021

AIG is one of the top cyber insurance companies in the U.S. Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware. eflon CreativeCommons CC BY 2.0.

Insurance 113

Insurance Cyber Insurance Ransomware InfoSec 113

SecureWorld News

APRIL 17, 2023

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Compliance: Certain industries and jurisdictions require organizations to have cyber insurance or to meet certain cybersecurity standards.

Cyber Insurance 100

Cyber Insurance Insurance Risk CISO 100

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 105

Cyber Insurance Insurance Marketing Small Business 105

Malwarebytes

JULY 10, 2022

So, your business has just suffered a data breach and it’s time to dig deep in your pockets to pay all the resulting expenses. Without cyber insurance , you can expect to pay a dizzying amount of cash. Here are four ways your business can save money on its insurance. How is cyber insurance priced? Fixed rate.

Cyber Insurance 95

Cyber Insurance Insurance Data breaches Phishing 95

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

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

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. Currently, there is zero evidence that the data has been misused or compromised and claimed that the info of its 2030 employees was safe and risk free.

Data breaches 114

Data breaches Cyber Attacks Identity Theft Banking 114

Security Boulevard

NOVEMBER 24, 2023

First published by HelpNetSecurity  — Matthew Rosenquist Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance. to 130.6%).

Insurance 72

Insurance Risk Cyber Insurance Cybersecurity 72

CyberSecurity Insiders

JUNE 5, 2023

MOVEit produced by Progress Software is taking all precautions to mitigate the risks associat-ed with the incident and has informed the staff of Zellis on how to neutralize the effects of the cyber-attack. The post Zellis Cybersecurity Incident causes BA and Boots employee info data breach appeared first on Cybersecurity Insiders.

Data breaches 122

Data breaches Cybersecurity Insurance Ransomware 122

Security Affairs

JUNE 29, 2024

Infosys McCamish Systems (IMS) revealed that the 2023 data breach following the LockBit ransomware attack impacted 6 million individuals. IMS specializes in providing business process outsourcing (BPO) and information technology (IT) services specifically tailored for the insurance and financial services industries.

Data breaches 109

Data breaches Identity Theft Insurance Ransomware 109

Security Boulevard

MARCH 10, 2023

The post ‘Extraordinary, Egregious’ Data Breach at House and Senate appeared first on Security Boulevard. Capitol Trouble: Senators, representatives and staffers suffer PII leak. Could it finally kickstart some action?

Data breaches 132

Data breaches Social Engineering Insurance CISO 132

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 The Fortified Health report is meant to support health care covered entities in light of the ongoing threats and the rise in data breach numbers. More than 22.8

Data breaches 113

Data breaches Insurance Healthcare Education 113

Identity IQ

APRIL 10, 2024

AT&T Data Breach: How to Know If Your Information Has Been Exposed IdentityIQ More than 51 million people have had their personal information compromised in the recent AT&T data breach. The exposed data has been found on the dark web , a place where cybercriminals buy and sell leaked personal information.

Data breaches 98

Data breaches Identity Theft Passwords Password Management 98

SC Magazine

MARCH 24, 2021

Insurance firm CNA Financial, a prominent provider of cyber insurance, confirmed a cyberattack against its systems, which has some concerned that cybercriminals may target policyholders. (Antoine Taveneaux, CC BY-SA 3.0 link] , via Wikimedia Commons). Of course, the attackers aren’t necessarily limited to a ransomware strategy.

Cyber Insurance 128

Cyber Insurance Insurance Hacking Ransomware 128

Identity IQ

JANUARY 16, 2023

LifeLock Data Breach Compromises Thousands! Recently, thousands of Norton LifeLock customer accounts were compromised in a data breach. Credential stuffing is a type of data breach where hackers use previously stolen lists of information, such as usernames and passwords, to gain unauthorized access to accounts.

Data breaches 105

Data breaches Identity Theft Password Management Passwords 105

Security Affairs

NOVEMBER 26, 2018

The way in which you respond to a data breach has a significant impact on how severe its consequences are. The number of data breaches that were tracked in the U.S. Most data breach laws deal with personal data, which is essentially any information that can be associated with a particular person.

Data breaches 111

Data breaches Identity Theft Banking Advertising 111

Security Boulevard

NOVEMBER 18, 2021

There seems to be a pattern in data breach and other cyberattack cases: After a breach, a company turns to its insurer for coverage. But often, even if they have paid for what they believe to be comprehensive cybersecurity risk insurance, the insurer refuses to pay the claim.

Insurance 115

Insurance Ransomware Data breaches Risk 115

SecureWorld News

JANUARY 31, 2024

Cyber risk is an existential issue for companies of all sizes and in all industries. However, it also exposes companies to additional layers of risk. However, it also exposes companies to additional layers of risk. All stakeholders, including insurers, need to understand whose cyber insurance policy responds to an incident.

Risk 83

Risk Cyber Insurance Insurance Data breaches 83

Adam Levin

AUGUST 26, 2019

The data breach of Capital One was big news, but it was also a familiar story: a major financial company with the budget and means to secure its data didn’t bother to do so, and the personal information of over a hundred million of its customers and applicants was exposed. Cloudy with a Chance of Client Error.

Data breaches 142

Data breaches Cyber Insurance Hacking Insurance 142

Malwarebytes

JULY 2, 2024

million people had been impacted by the resulting data breach. As one of the largest insurance companies in the US, Prudential employs 40,000 people worldwide and reported revenues of over $50 billion in 2023. million in a new breach notification. The attack was discovered one day after it started, but not before some 2.5

Data breaches 105

Data breaches Identity Theft Passwords Phishing 105

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