Security Affairs

JANUARY 6, 2024

Merck has resolved a dispute with insurers regarding a $1.4 Merck and its insurers have agreed with a $1.4 billion insurance claim for the losses caused by the NotPetya attack that took place in 2017. Merck had not taken out specific insurance to cover cyber attacks, it only had insurance coverage against general risks.

Insurance 133

Insurance Manufacturing Ransomware Healthcare 133

Security Affairs

JANUARY 26, 2025

” The figure is alarming: the 2024 cyberattack on the insurance giant exposed the private data of over half the U.S. According to the Associated Press, UnitedHealth booked $1.1 billion in total costs from the cyberattack in the second quarter. The final figure represents well over half of the U.S. population.”

Healthcare 128

Healthcare Data breaches Insurance Cybercrime 128

Security Boulevard

AUGUST 8, 2023

Prioritizing cyber insurance in a comprehensive information security program is a relatively new concept and navigating the process can be confusing. Even insurance companies sometimes have a hard time keeping up with the changing landscape.

Cyber Insurance 94

Cyber Insurance Insurance Information Security Cybersecurity 94

Krebs on Security

JUNE 18, 2021

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance 335

Insurance Risk Financial Services CISO 335

Malwarebytes

NOVEMBER 12, 2024

So, even if a company has good intentions, there is still a risk of your genetic data being linked to your personally identifiable information (PII). This makes the information a treasure trove for advertisers, insurance companies, and Big Pharma. I honestly hope they’re right.

Insurance 145

Insurance Accountability Risk Data breaches 145

Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance. If the technology were to become unavailable, the resulting business impact could be mitigated with cyber insurance.

Cyber Insurance 100

Cyber Insurance Insurance Risk Technology 100

Security Affairs

DECEMBER 8, 2024

. “After a thorough forensic investigation and manual document review, on November 5, 2024, the investigation determined certain files containing information was accessed by an unauthorized party.” ” The hospital offered impacted individuals 24 Months, Experian and 1B credit monitoring.

Data breaches 116

Data breaches Insurance Healthcare Ransomware 116

Security Boulevard

JUNE 26, 2022

How Information Security Breaks The Classic IT Model. That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line. How does information security fit into the producer/consumer model? In some cases, yes, information security does fit into this in several ways: a.

Information Security 98

Information Security Technology Marketing Data breaches 98

Security Affairs

APRIL 23, 2023

Non-profit health insurer Point32Health suffered a ransomware attack and has taken systems offline in response to the incident. Non-profit health insurer Point32Health has taken systems offline in response to a ransomware attack that took place on April 17. ” reads the statement published by the insurer.

Insurance 98

Insurance Ransomware Education Accountability 98

SecureWorld News

NOVEMBER 14, 2024

"We need to remember, like every industry, there is huge gap between the dozen or so large Fortune 100 health insurance payers, and the 1 million hospitals and doctors offices. We just have to accept the risks and rely on insurance to recover.'" Louis, Missouri. Let me tell you why it's an impact to rabbit community.'

Healthcare 118

Healthcare Ransomware Identity Theft Data breaches 118

Security Boulevard

SEPTEMBER 6, 2024

Gary Perkins, Chief Information Security Officer In this landscape, organizations need a multi-faceted approach that includes prevention, detection, and response capabilities. A warranty tied to a comprehensive security solution supports this approach, providing both technological protection and financial assurance.

Cyber Insurance 75

Cyber Insurance Insurance CISO Technology 75

Security Affairs

NOVEMBER 21, 2024

The authorities launched an investigation after the ransomware gang Ransomhub claimed the attack and published samples of personal information from a database of government. Stolen files allegedly include contracts, insurance, and financial documents. ” reported the Associated Press.

Government 144

Government Hacking Ransomware Insurance 144

Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. For those who have cyber insurance against ransomware attacks. That way you would have avoided a leak and decrypted your information. Very important! reads the ransom note.

Insurance 98

Insurance Ransomware Cyber Insurance Malware 98

Security Affairs

OCTOBER 25, 2024

According to the Associated Press, UnitedHealth booked $1.1 billion in total costs from the cyberattack in the second quarter. In early March, the Alphv/BlackCat ransomware gang claimed responsibility for the attack and added the company to its Tor leak site.

Data breaches 128

Data breaches Healthcare Cybercrime Insurance 128

Security Affairs

DECEMBER 16, 2024

. “While ConnectOnCall is not aware of any misuse of personal information or harm to patients as a result of this incident, potentially impacted individuals are encouraged to remain vigilant and report any suspected identity theft or fraud to your health plan or insurer, or financial institution.”

Data breaches 107

Data breaches Identity Theft Healthcare Insurance 107

Security Affairs

NOVEMBER 18, 2024

The Great Plains Regional Medical Center announced that it had quickly restored its systems and returned to normal operations, however, it was not able to ever a limited amount of patient information.

Ransomware 124

Ransomware Insurance Encryption Healthcare 124

Security Affairs

OCTOBER 18, 2024

.” The data breach at Omni Family Health may have exposed varying personal information for current and former patients, including names, addresses, Social Security numbers, dates of birth, health insurance details, and medical information.

Data breaches 139

Data breaches Healthcare Insurance Engineering 139

Security Affairs

DECEMBER 4, 2024

In December 2023, Elliptic and Corvus Insurance published a joint research that revealed the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. reads the CSA. According to the experts, the ransomware gang has infected over 329 victims, including ABB , Capita , Dish Network , and Rheinmetall.

Ransomware 125

Ransomware Telecommunications Healthcare Insurance 125

Daniel Miessler

NOVEMBER 6, 2020

I think there are four main trends that will play out in the field of information security in the next 20 years. Jeremiah Grossman and I have been talking about the rise of cybersecurity insurance for years now. In short, it’s not smart to bet against insurance. Image from information-age.com.

InfoSec 255

InfoSec Insurance Artificial Intelligence Cybersecurity 255

Krebs on Security

APRIL 27, 2023

This misconfigured Salesforce Community site from the state of Vermont was leaking pandemic assistance loan application data, including names, SSNs, email address and bank account information. But after being presented with a document including the Social Security number of a health professional in D.C. Washington, D.C.

Banking 346

Banking Government Information Security Authentication 346

Security Affairs

MARCH 19, 2025

Threat actors potentially accessed and/or acquired some of customers’ information, including names, Social Security numbers, driver’s license numbers, financial account numbers and health insurance information. At this time, it is unclear if the exposed information includes any donor data.

Data breaches 108

Data breaches Banking Insurance Hacking 108

Security Affairs

OCTOBER 23, 2024

DSPM also provides visibility of security and privacy posture, alerting potential gaps. Health Insurance Portability and Accountability Act (HIPAA) HIPAA is a compliance framework designed to protect patients’ health information in the United States.

Data privacy 125

Data privacy Unstructured Data Risk Data breaches 125

The Last Watchdog

OCTOBER 29, 2018

The headlines immediately attempted to lay the blame, in large part, on the fact that Equifax’s chief information security officer was a music major and did not have a background in technology. Insurability. Equifax was not special in this regard. Related: How social media is used to spread malware, influence elections.

Data privacy 164

Data privacy Data breaches Insurance Information Security 164

Security Affairs

JANUARY 9, 2025

Additionally, we implemented enhanced security measures to prevent similar incidents from occurring in the future.”

Data breaches 71

Data breaches Insurance Healthcare Banking 71

Security Boulevard

SEPTEMBER 3, 2021

Since 2013 and the most recent set of updates to the Health Insurance Portability and Accountability Act (HIPAA), U.S. In particular, information security and risk management tools have been a part of nearly every compliance investment that providers have.

Insurance 114

Insurance Information Security Accountability Technology 114

Security Affairs

AUGUST 21, 2020

The university notified appropriate law enforcement entities, and the university’s Information Security Office (ISO) investigated and resolved the incident in consultation with an external firm that specializes in responding to ransomware attacks.” ” reads a press release published by the University.

Ransomware 145

Ransomware Cyber Insurance Insurance Advertising 145

Security Affairs

FEBRUARY 6, 2021

WestRock is also working with its vendors so they are informed, and supply chains remain operational.” ” WestRock confirmed that it has cyber insurance business interruption insurance. The Company maintains a variety of insurance policies, including cyber insurance and business interruption insurance.

Ransomware 145

Ransomware Insurance Cyber Insurance Technology 145

Security Affairs

MAY 19, 2024

According to the notice published by the company, WebTPA acts as an administrative services provider to certain benefit plans and insurance companies whose information was impacted in this incident. “The investigation concluded that the unauthorized actor may have obtained personal information between April 18 and April 23, 2023.”

Data breaches 137

Data breaches Healthcare Insurance Identity Theft 137

The Hacker News

OCTOBER 24, 2022

Virtual Chief Information Security Officer (vCISO) services (also known as 'Fractional CISO' or 'CISO-as-a-Service') are growing in popularity, especially as growing cyber threats, tightening regulatory demands and strict cyber insurance requirements are driving small to medium-sized enterprises demand for strategic cybersecurity and compliance guidance (..)

CISO 109

CISO Cyber Insurance Insurance Cyber threats 109

The Last Watchdog

DECEMBER 18, 2024

CISA updated its Secure by Design guidance, and the EUs Cyber Resilience Act and NIS2 added new requirements. Proactive collaboration and cyber risk quantification are key to ensuring operational resilience and security. Overemphasizing compliance risks diverting resources from advanced security challenges.

Cybersecurity 130

Cybersecurity CISO Risk Government 130

Krebs on Security

OCTOBER 28, 2020

In the video, the REvil representative stated that the most desirable targets for the group were agriculture companies, manufacturers, insurance firms, and law firms. The REvil actor claimed that on average roughly one in three of its victims agrees to pay an extortion fee.

Hacking 360

Hacking Ransomware Banking Accountability 360

CSO Magazine

AUGUST 31, 2022

The larger and more international your corporation, the more alphabet soup of technology compliance regulations need to be followed: the European Union’s General Data Protection Regulation (GDPR), the American Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS), the guidance by the (..)

Insurance 128

Insurance Internet Internet Technology 128

Daniel Miessler

MARCH 20, 2022

I’m starting a new series with this 2022 edition where I think about what Information Security could or should look like in the distant future—say in 2050. HT to Jeremiah Grossman to also being very early to seeing the role of insurance in InfoSec. You need these inspections or else you can’t get insured.

InfoSec 180

InfoSec Insurance Technology Engineering 180

Thales Cloud Protection & Licensing

JANUARY 16, 2025

Some of the most important are Gramm-Leach-Bliley Act ( GLBA ), the National Association of Insurance Commissioners ( NAIC ) Data Security Model Law, the New York Department of Financial Services ( NYDFS ) Cybersecurity Regulation, and the National Credit Union Administration ( NCUA ) cybersecurity guidance.

Financial Services 62

Financial Services Encryption Insurance Government 62

Security Affairs

JANUARY 3, 2025

“We discovered unauthorized access to our network that resulted in the unauthorized access to, or acquisition of, certain files by an unauthorized actor.

Data breaches 75

Data breaches Ransomware Insurance Healthcare 75

Security Affairs

OCTOBER 20, 2024

CISA adds Fortinet products and Ivanti CSA bugs to its Known Exploited Vulnerabilities catalog Nation-state actor exploited three Ivanti CSA zero-days Dutch police dismantled dual dark web market ‘Bohemia/Cannabia’ macOS HM Surf flaw in TCC allows bypass Safari privacy settings Iran-linked actors target critical infrastructure organizations (..)

Data breaches 117

Data breaches Cybercrime Cyber Insurance Marketing 117

The Last Watchdog

MARCH 13, 2023

So how will this affect chief information security officers (CISOs) and security programs? Given the perennial skills and staffing shortage in security, it’s unlikely that CISOs will be asked to make deep budget or staffing cuts, yet they may not come out of this period unscathed.

CISO 203

CISO Insurance Cybersecurity Risk 203