Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. As cyber criminals mature and advance their tactics, small and medium businesses become the most vulnerable because they lack the capacity – staff, technology, budget - to build strong cyber defenses. The necessity for cyber-insurance coverage. Tue, 05/10/2022 - 05:43.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Risk Authentication 77

Malwarebytes

JULY 10, 2022

Without cyber insurance , you can expect to pay a dizzying amount of cash. In 2022 alone, the average cost of a data breach for businesses under 1,000 employees was close to $3 million—and these costs are coming from activities that cyber insurers typically cover, such as detecting and responding to the breach. Fixed rate.

Cyber Insurance 89

Cyber Insurance Insurance Data breaches Phishing 89

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

Duo's Security Blog

JUNE 21, 2021

While the risk of an employee clicking on a foreign prince’s secret gold offer may be past us, modern-day technologies have evolved and expanded in today’s remote work and IoT-connected settings. Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance?

Insurance 91

Insurance Cyber Insurance Data breaches Social Engineering 91

Thales Cloud Protection & Licensing

MAY 26, 2023

CIAM in insurance: A unified, secure user experience with a single login madhav Fri, 05/26/2023 - 07:33 In recent years, the insurance industry has transformed from a singularly focused entity to a multi-brand or multi-service type of business. Digital technologies play a key role in that process.

Insurance 71

Insurance Digital transformation Authentication Passwords 71

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 Cyber Insurance Cybersecurity Government 126

The Last Watchdog

JULY 13, 2023

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. is the parent company of specialist insurance businesses with operations in Europe, United States, Canada, Latin America and Asia. Beazley plc (BEZ.L)

Cyber Risk 189

Cyber Risk Risk Insurance Energy and Utilities 189

SecureWorld News

MAY 26, 2021

New research reveals that a record number of organizations are buying cyber insurance policies as a tool for protecting themselves against cyber risk. However, the cost for those policies is rising dramatically as cyber insurance premiums soar up to 30% vs. the previous year. cyber insurance market and the results are in.

Cyber Insurance 57

Cyber Insurance Insurance Cyber Risk Marketing 57

SecureWorld News

JANUARY 7, 2024

The integration of Governance, Risk, and Compliance (GRC) strategies with emerging technologies like Artificial Intelligence and the Internet of Things are reshaping the corporate risk landscape. In recent years, these programs have become even more effective thanks to technology such as artificial intelligence.

IoT 79

IoT Technology Artificial Intelligence Government 79

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

SC Magazine

MAY 19, 2021

Today’s special columnist, Scott Register of Keysight Technologies, says government and industry must come together to secure the nation’s critical infrastructure in the wake of the Colonial Pipeline hack. That in itself has evolved, as insurers and insured learn just how expensive that fallout can be.

Cyber Insurance 102

Cyber Insurance Insurance Marketing Ransomware 102

Security Boulevard

MARCH 10, 2024

Contemporary healthcare organizations are obligated to protect a vast amount of sensitive patient data due to the broad definition of Protected Health Information (PHI) under the Health Insurance Portability and Accountability Act (HIPAA).

Insurance 64

Insurance Healthcare Accountability Technology 64

SecureWorld News

SEPTEMBER 10, 2020

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. The company says that ransomware accounted for 41% of cyber claims. Cyber insurance works.

Cyber Insurance 55

Cyber Insurance Insurance Ransomware Cyber Attacks 55

SecureWorld News

JANUARY 31, 2024

The integration of technology and automation, and related collection, use, and sharing of information into everyday business practices presents an enormous opportunity for efficiency and precision, especially in the real estate sector. Cyber risk is an existential issue for companies of all sizes and in all industries.

Risk 84

Risk Cyber Insurance Insurance Data breaches 84

Lenny Zeltser

JULY 1, 2020

Opens a bank account in the victim’s name with a provider such as GoBank or Green Dot for receiving the unemployment payments. Because this is not a credit account, this action doesn’t trigger a credit check and works even if the victim’s credit file is frozen. In my case, I already had an account on that website.

Identity Theft 116

Identity Theft Insurance Scams Accountability 116

Security Affairs

JANUARY 4, 2024

Healthcare technology company HealthEC disclosed a data breach that exposed the personal information of 4.5 Healthcare technology company HealthEC (HEC) disclosed a data breach that impacted 4.5 HealthEC is a healthcare technology company that provides solutions for care coordination, population health management, and value-based care.

Data breaches 108

Data breaches Healthcare Artificial Intelligence Identity Theft 108

Troy Hunt

DECEMBER 30, 2018

So here it is - 10 Personal Financial Lessons for Technology Professionals. For example, the ICT industry (Information, Communication, Technology) was the 5th highest paying with an average salary of $104,874 (dollars are Aussie, take off about 30% for USD). Intro: This Industry Rocks! Banking is below that. Medical even lower.

Technology 279

Technology Education Marketing Insurance 279

Krebs on Security

MARCH 2, 2023

” Brian Fox , chief technology officer and founder of the software supply chain security firm Sonatype , called the software liability push a landmark moment for the industry. ” THE MOST ACTIVE, PERSISTENT THREAT In 2012 (approximately three national cyber strategies ago), then director of the U.S. .”

Cybersecurity 242

Cybersecurity Insurance Cyber Insurance Government 242

Krebs on Security

JANUARY 29, 2021

The unprecedented volume of unemployment insurance fraud witnessed in 2020 hasn’t abated, although news coverage of the issue has largely been pushed off the front pages by other events. The scammers typically use stolen identity data to claim benefits, and then have the funds credited to an online account that they control.

Insurance 308

Insurance Identity Theft Accountability Mobile 308

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

Adam Levin

SEPTEMBER 4, 2019

The Wall Street Journal reported that the CEO of an unnamed UK energy company received a phone call from what sounded like his boss, the CEO of a German parent company, telling him to wire €220,000 (roughly $243,000) to a bank account in Hungary. Security experts worry the exploit could spark a new trend. . “[W]e’re

Scams 233

Scams Artificial Intelligence Insurance Technology 233

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. health care providers have been adopting technologies faster than at any point in the preceding decades.

Insurance 114

Insurance Information Security Accountability Technology 114

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

Insurance 60

Insurance Cryptocurrency Cyber threats Marketing 60

Daniel Miessler

MARCH 20, 2022

The ideas will cover multiple aspects of InfoSec, from organizational structure to technology. Technology. In the next 15-30 years we’ll see a move from wizardry to accounting—and a much more Operational Technology approach to the discipline in general. Technology. Insurance companies.

InfoSec 180

InfoSec Insurance Engineering Technology 180

Krebs on Security

APRIL 28, 2021

Bill Demirkapi , an independent security researcher who’s currently a sophomore at the Rochester Institute of Technology , said he discovered the data exposure while shopping around for student loan vendors online. “Too many consumer finance company accounts,” the API concluded about my friend’s score.

Insurance 354

Insurance Identity Theft Accountability Technology 354

The Last Watchdog

MARCH 20, 2023

Exploitation drivers From the case of Hegestratos committing insurance fraud by sinking a ship in 300 B.C., As technology has rapidly exceeded all historical imaginings, opportunities for fraudsters to exploit their victims abound.

Media 214

Media Identity Theft Internet Internet 214

Identity IQ

JANUARY 10, 2024

They use various tools and technologies to help ensure comprehensive protection, including: 1. IdentityIQ identity theft protection services use cutting-edge technology to scan the dark web, finding instances where your personal details might be exposed. That’s where an identity theft protection company can help.

Identity Theft 96

Identity Theft Insurance Accountability Surveillance 96

Security Affairs

JANUARY 6, 2024

Orrick, Herrington & Sutcliffe LLP is a global law firm with a focus on serving clients in the technology, energy, and financial sectors. The firm has offices in multiple countries and is known for its representation of technology and innovation-driven companies.

Data breaches 101

Data breaches Insurance Technology Government 101

CyberSecurity Insiders

FEBRUARY 20, 2023

IBM Chief felt ChatGPT, an OpenAI developed a platform of Microsoft, has the potential to replace white-collar jobs such as insurance consultants, lawyers, accountants, computer programmers and admin roles.

Insurance 137

Insurance Engineering Accountability Technology 137

Adam Levin

MARCH 18, 2020

While the transition to remote appointments may help flatten the curve of Covid-19 cases and provide much-needed relief to medical professionals, it does create a new set of cybersecurity concerns, especially regarding compliance with the Health Insurance Portability and Accountability Act (HIPAA ).

Insurance 243

Insurance Healthcare Accountability Technology 243

CyberSecurity Insiders

SEPTEMBER 20, 2021

As technology advances, cybercriminals are finding more sophisticated means to attack businesses online. They protect your electronic devices and accounts from hackers. In addition, regularly changing your password and using different passwords for all your online accounts will lower your risk of being compromised.

Cybersecurity 121

Cybersecurity Insurance Passwords Encryption 121

Krebs on Security

FEBRUARY 7, 2022

as a condition of receiving state or federal financial assistance, such as unemployment insurance, child tax credit payments, and pandemic assistance funds. In the face of COVID, dozens of states collectively lost tens of billions of dollars at the hands of identity thieves impersonating out-of-work Americans seeking unemployment insurance.

Insurance 228

Insurance Government Authentication Accountability 228

Jane Frankland

DECEMBER 7, 2023

These include the adoption of hyper automation and artificial intelligence (AI)-driven decision making, where organisations will increasingly use automation technologies and artificial intelligence to streamline processes and enhance efficiency. which already account for 73% of Internet traffic will surge.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

Adam Levin

JUNE 4, 2021

Monitor networks and accounts: Unusual activity may be a sign that a cyberattack is underway. Manage the damage: Plan ahead in the event of a successful cyberattack and have a cyber liability insurance plan to help offset the costs. . The post Anti-Ransomware Company Exagrid Pays $2.6 Million Ransom appeared first on Adam Levin.

Ransomware 289

Ransomware Backups Insurance Healthcare 289

Security Affairs

OCTOBER 20, 2022

These pixels or similar technologies were designed to gather information that we review in aggregate so that we can better understand patient needs and preferences to provide needed care to our patient population.” ” reads the Notice of data breach published by the company.

Data breaches 110

Data breaches Healthcare Insurance Accountability 110

Security Affairs

NOVEMBER 23, 2023

For some of the impacted individuals, threat actors also gained access to Social Security Numbers (SSNs), Medicare/Medicaid ID numbers, and certain Health Insurance information. Bernards Healthcare Sutter Health Trane Technologies Company LLC and/or group health plans sponsored by Trane Technologies Company LLC or Trane U.S.

Data breaches 90

Data breaches Insurance Healthcare Hacking 90