Security Boulevard

FEBRUARY 18, 2024

Cloud security means multiple teams with a shared responsibility. However, some organisations are now moving back to on-premise systems due to concerns around high operational costs, cloud performance issues, or cyber security. But can be be secure, and if so - how? Clearly, the cloud is not the panacea some thought it would be.

Encryption 127

Encryption Authentication Insurance Risk 127

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.

Insurance 113

Insurance Cyber Insurance Ransomware InfoSec 113

Krebs on Security

AUGUST 29, 2019

PerCSoft , a Wisconsin-based company that manages a remote data backup service relied upon by hundreds of dental offices across the country, is struggling to restore access to client systems after falling victim to a ransomware attack. Cloud data and backup services are a prime target of cybercriminals who deploy ransomware.

Backups 218

Backups Ransomware Insurance Encryption 218

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 And costs can be much higher for some industries and geographic locations (including the United States). Cyber Insurance is Booming. million and climbing. was worth roughly $4.1

Cyber Insurance 95

Cyber Insurance Insurance Marketing Small Business 95

SecureWorld News

DECEMBER 4, 2023

Fidelity National Financial (FNF), one of the largest title insurance providers in the United States, announced on November 21 that it fell victim to a sophisticated cyberattack. Securities and Exchange Commission. The cyberattack on FNF highlights the growing vulnerability of the real estate industry to cyber threats.

Cyber Attacks 95

Cyber Attacks Insurance Ransomware Cyber threats 95

Krebs on Security

JUNE 18, 2021

NYSE:FAF ] was leaking more than 800 million documents — many containing sensitive financial data — related to real estate transactions dating back 16 years. Securities and Exchange Commission settled its investigation into the matter after the Fortune 500 company agreed to pay a paltry penalty of less than $500,000.

Insurance 265

Insurance Risk Financial Services CISO 265

Krebs on Security

JULY 23, 2020

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. It employs some 18,000 people and brought in $6.2

Insurance 284

Insurance Financial Services Penetration Testing Scams 284

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

Krebs on Security

MAY 31, 2019

That measure, which went into effect in March 2019 and is considered among the toughest in the nation, requires financial companies to regularly audit and report on how they protect sensitive data, and provides for fines in cases where violations were reckless or willful. ” . ”

Financial Services 203

Financial Services Insurance Banking Authentication 203

SecureWorld News

SEPTEMBER 5, 2023

In a recent revelation, security researcher Jeremiah Fowler uncovered a significant data leak affecting one of the United States' largest health insurance companies, Cigna Health. Cigna Health data exposed The exposed database contained a staggering 17,187,743,574 records, spanning across 6.35 terabytes of data.

Backups 89

Backups Insurance Healthcare Data breaches 89

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. The security incident was the second-largest breach reported to the Department of Health and Human Services that year.

Data breaches 125

Data breaches Insurance Identity Theft Healthcare 125

CyberSecurity Insiders

MAY 17, 2023

AT&T does not adopt or endorse any of the views, positions, or information provided by the author in this article. However, cybersecurity is not just about implementing security measures. Organizations must also ensure they comply with relevant regulations and industry standards.

Cybersecurity 124

Cybersecurity Risk Insurance Firewall 124

Security Affairs

NOVEMBER 10, 2023

McLaren Health Care (McLaren) experienced a data breach that compromised the sensitive personal information of approximately 2.2 McLaren Health Care (McLaren) disclosed a data breach that occurred between late July and August. The security breach exposed the sensitive personal information of 2,192,515 people.

Data breaches 118

Data breaches Identity Theft Insurance Ransomware 118

Krebs on Security

DECEMBER 8, 2022

Alex Holden is founder of Hold Security , a Milwaukee-based cybersecurity firm. The CLOP members said one tried-and-true method of infecting healthcare providers involved gathering healthcare insurance and payment data to use in submitting requests for a remote consultation on a patient who has cirrhosis of the liver.

Healthcare 250

Healthcare Backups Ransomware Insurance 250

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 Cyber Insurance Cybersecurity Government 126

Webroot

JULY 25, 2022

The RSA Conference 2022 – one of the world’s premier IT security conferences – was held June 6th-9th in San Francisco. But attendees and presenters alike made up for it with their eagerness to explore emerging IT security trends that have developed over the past year – a venue like RSA Conference 2022 delivered on tenfold.

Cyber Insurance 124

Cyber Insurance Insurance Marketing Phishing 124

Security Affairs

JANUARY 7, 2024

Every week the best security articles from Security Affairs are free for you in your email box. Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4 A new round of the weekly SecurityAffairs newsletter arrived!

Artificial Intelligence 104

Artificial Intelligence Data breaches Scams Insurance 104

SC Magazine

JULY 13, 2021

The COVID-19 pandemic response has dramatically increased the threat landscape in the health care sector, according to Fortified Health Security. 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 More than 22.8

Data breaches 113

Data breaches Insurance Healthcare Education 113

Krebs on Security

DECEMBER 7, 2019

A Colorado company that specializes in providing IT services to dental offices suffered a ransomware attack this week that is disrupting operations for more than 100 dentistry practices, KrebsOnSecurity has learned. Multiple sources affected say their IT provider, Englewood, Colo. “No help from my insurance. . ”

Ransomware 225

Ransomware Backups Insurance Wireless 225

Thales Cloud Protection & Licensing

JUNE 15, 2023

A Guide to Key Management as a Service madhav Thu, 06/15/2023 - 11:29 As companies adopt a cloud-first strategy and high-profile breaches hit the headlines, securing sensitive data has become a paramount business concern. The most effective way to ensure data security is through encryption and proper key management.

Encryption 133

Encryption Data breaches Authentication Risk 133

SecureWorld News

AUGUST 4, 2023

Phishing remains one of the top cyber threats faced by organizations, and as phishing scams become more sophisticated, security leaders need clearer insights into phishing risks across their industry and geography to prioritize defenses. The 2023 Phishing Attack Landscape and Industry Benchmark Report analyzes data from more than 12.5

Phishing 77

Phishing Risk Security Awareness Retail 77

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 126

Cyber Insurance Insurance Cyber Attacks Ransomware 126

Cytelligence

OCTOBER 9, 2023

The healthcare industry has witnessed a rapid digital transformation, with hospitals, clinics, and medical practices relying heavily on technology to store and manage patient data, streamline operations, and improve patient care. Patient records, insurance information, and intellectual property are just a few examples.

Healthcare 64

Healthcare Cybersecurity Cyber Attacks Cyber threats 64

The Last Watchdog

JUNE 2, 2022

Big banks and insurance companies instilled the practice of requesting their third-party vendors to fill out increasingly bloated questionnaires, called bespoke assessments, which they then used as their sole basis for assessing third-party risk. One leading provider is Denver, Colo.-based Related: A call to share risk assessments.

Cyber Risk 248

Cyber Risk Risk Digital transformation Insurance 248

SecureWorld News

FEBRUARY 6, 2024

"While it's a simple fact that it is impossible to prevent every attack, steps can and should be taken to mitigate the access of cybercriminals, and minimize the impacts on their systems, data, and operations," said Darren Guccione, CEO at Keeper Security.

Insurance 92

Insurance Cyber Insurance Cyber Risk Cyber threats 92

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Such outsourcing of ICT services also requires a clear definition of responsibilities, risks and mitigation between financial entities and ICT third-party service providers. That includes banks, insurances, payment institutions, stock market, and many financial management firms (trading, crypt-assets, etc).

Financial Services 83

Financial Services Cybersecurity Encryption Risk 83

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. The necessity for cyber-insurance coverage. With cyber attacks amounting to a question of when and not if, cyber insurance becomes crucial for ensuring business continuity and mitigating the business impact of attacks – should they occur. Tue, 05/10/2022 - 05:43.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Risk Authentication 77

Centraleyes

JANUARY 18, 2024

Quality: Pursuing cost efficiency should not compromise the quality of goods or services the third party provides. Document services, systems accessed, and data involved. Ensure compliance with industry regulations and standards. Data Security and Privacy: Assess data security measures (encryption, access controls).

Risk 52

Risk Insurance Cyber Risk Technology 52

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

SC Magazine

MAY 24, 2021

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

Identity IQ

NOVEMBER 2, 2023

IdentityIQ is the flagship brand of IDIQ ® , one of the fastest-growing industry leaders in credit monitoring and identity theft protection. They are known for providing industry-leading identity theft protection and credit report monitoring. Money.com has rated our credit monitoring services as the best in the industry.

Identity Theft 96

Identity Theft Insurance Surveillance Antivirus 96

Centraleyes

MARCH 21, 2024

The ransomware attack on UnitedHealth’s Change Healthcare subsidiary last month demonstrated how appealing the data-rich US healthcare industry is to hackers, how devastating the consequences can be, and how sophisticated cybercriminals are. The Attack Fallout in Numbers UnitedHealth provides care for 152 million people.

Healthcare 52

Healthcare Risk Insurance Ransomware 52

CyberSecurity Insiders

OCTOBER 23, 2021

The report provides an inside look at the insights and tools used by risk managers, IT departments, security researchers, and solution providers to hone their offerings and approaches to keeping organizations safe from evolving cyber threats. “By Post-COVID security & IT trends. Ransomware claims and costs.

Insurance 59

Insurance Cyber Risk Technology Ransomware 59

SecureWorld News

FEBRUARY 29, 2024

Change Healthcare, a major provider of IT services to hospitals, continues to battle the BlackCat ransomware syndicate. BlackCat has made the healthcare industry a prime target over the past year, victimizing providers, insurers, and now healthcare IT suppliers like Change Healthcare, a unit of Optum. authorities.

Healthcare 95

Healthcare Ransomware Cyber threats Encryption 95

The Last Watchdog

DECEMBER 5, 2018

The healthcare industry has poured vast resources into cybersecurity since 2015, when a surge of major breaches began. 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. Weak links.

Data breaches 118

Data breaches Healthcare Insurance Risk 118

Duo's Security Blog

DECEMBER 7, 2022

Much has been published about how the demand — and subsequent cost — for cyber liability insurance has skyrocketed in line with increasing incidents of cyberattacks. Here, we provide guidance for firms that have already, or are currently considering, taking the ‘no cover’ path. But what are the risks with this approach?

Insurance 75

Insurance Cyber Insurance Ransomware Risk 75

SecureWorld News

NOVEMBER 2, 2022

Kip Boyle is the virtual Chief Information Security Officer (vCISO) for several companies. In the private sector, he was a CISO for an insurance company, credit card processor, bank, credit union, and IT Managed Service Provider. Once I learned how to do system and data protection, I was hooked. Get to know Kip Boyle.

Cybersecurity 83

Cybersecurity Cyber Insurance Insurance Cyber Risk 83