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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. Here, cyber insurance serves as an invaluable safety net by offering essential financial coverage and support services in the event of a ransomware attack occurring.

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Health Insurance Portability and Accountability Act (HIPAA) Best Practices

Security Boulevard

Highlighting the key elements of The Health Insurance Portability and Accountability Act to ensure HIPAA best practices The Health Insurance Portability and Accountability Act (HIPAA) is a vital piece of legislation that safeguards the privacy and security of individuals’ healthcare information.

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U.S. Secret Service: “Massive Fraud” Against State Unemployment Insurance Programs

Krebs on Security

A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service.

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What is Identity theft Insurance?

Identity IQ

Identity theft insurance is a type of insurance policy that can help victims recover from losses caused by identity theft. It may be offered as a standalone policy, or as a benefit with other types of insurance or identity protection plans. Not all identity theft insurance policies offer the same level of coverage.

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Insurance Won’t Pay for Identity Fraud Losses

Security Boulevard

He provided his name, address, Social Security number, a copy of his Alabama driver’s license and a personal check from his account to Dillon Gage, a gold. The post Insurance Won’t Pay for Identity Fraud Losses appeared first on Security Boulevard.

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BazarCall Ransomware warning to all insurance firms

CyberSecurity Insiders

A Ransomware called BazarCall seems to target Insurance agents and clients and so Insurance specialist CFC has issued a warning to the companies into similar business and operating across the globe to step-up their defense-line against malware attacks, by proactively taking adequate measures.

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Health insurer Point32Health suffered a ransomware attack

Security Affairs

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.