Remove Accountability Remove Data breaches Remove Data privacy Remove Insurance
article thumbnail

Security Compliance & Data Privacy Regulations

eSecurity Planet

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. Location Matters.

article thumbnail

Meta Pixel hack leads to US healthcare provider data breach affecting 3 million patients

CyberSecurity Insiders

Advocate Aurora Health(AAH), a medical services provider serving Wisconsin and Illinois populace, was hit by a data breach affecting over 3,000,000 patients. Moreover, the tool is being used by other hospitals in the country and so it could lead to more such data breaches in near time. million patients. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

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.

article thumbnail

What is Maryland’s Online Data Privacy Protection Act?

Centraleyes

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.

article thumbnail

ROUNDTABLE: Huge Capital One breach shows too little is being done to preserve data privacy

The Last Watchdog

Company officials at Capital One Financial Corp ought to have a crystal clear idea of what to expect next — after admitting to have allowed a gargantuan data breach. Related: Hackers direct botnets to manipulate business logic Thompson is accused of pilfering sensitive data for 100 million US and 6 million Canadian bank patrons.

article thumbnail

Safety first: Will insurance companies stall or accelerate cybersecurity progress?

SC Magazine

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
article thumbnail

Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing

Thales Cloud Protection & Licensing

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.