Bleeping Computer

MARCH 19, 2024

With the growing number of data breaches and cyberattacks, insurance premiums are increasing. Learn more from Specops Software about how securing an Activity Directory could lead to lower cyber insurance premiums. [.]

Cyber Insurance 87

Cyber Insurance Insurance Data breaches Software 87

CSO Magazine

MARCH 9, 2023

A health insurance marketplace that provides coverage for members of the US Congress and congressional staffers was found to be compromised on Wednesday, according to a letter apparently sent from House Chief Administrative Officer Catherine L. Szpindor to members of that chamber.

Data breaches 88

Data breaches Insurance Authentication 88

Security Affairs

APRIL 4, 2024

US cancer center City of Hope suffered a data breach that impacted 800,000 individuals, personal and health information was compromised. City of Hope suffered a data breach, the organization started notifying 827149 individuals that their personal and health information was compromised. medical record number).”

Data breaches 109

Data breaches Identity Theft Insurance Banking 109

SecureWorld News

JANUARY 11, 2024

In this digital battlefield, cyber insurance has emerged as a crucial shield, offering financial protection against data breaches, ransomware attacks, and other cyber incidents. This puts a strain on insurance companies, who are forced to adjust premiums to maintain solvency.

Cyber Insurance 102

Cyber Insurance Insurance Cyber Risk Data breaches 102

Security Boulevard

SEPTEMBER 3, 2023

Cyber insurance offers financial protection and support in the event of a cyber attack, data breach, or other cyber-related incidents. Ironically, the security that insurance brings to policyholders stands in contrast to the shifting, dynamic state of the cyber insurance market in general.

Cyber Insurance 115

Cyber Insurance Insurance Marketing Data breaches 115

Identity IQ

APRIL 10, 2024

AT&T Data Breach: How to Know If Your Information Has Been Exposed IdentityIQ More than 51 million people have had their personal information compromised in the recent AT&T data breach. The exposed data has been found on the dark web , a place where cybercriminals buy and sell leaked personal information.

Data breaches 91

Data breaches Identity Theft Passwords Password Management 91

Security Boulevard

APRIL 1, 2024

Even on April Fool’s Day, it’s no joke that the astronomical cost of cyber insurance has surged in recent years, reflecting the escalating frequency and severity of cyberattacks.

Cyber Insurance 62

Cyber Insurance Insurance Data breaches Ransomware 62

Security Affairs

JANUARY 6, 2024

Law firm Orrick, Herrington & Sutcliffe disclosed a data breach that took place in early 2023, which impacted roughly 600,000 individuals. The law firm Orrick, Herrington & Sutcliffe, disclosed a data breach that impacted 638,000 individuals. ” reads the data breach notification.

Data breaches 116

Data breaches Insurance Technology Government 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 million Individuals. million customers of its business partners. ” reads a notice published by the company on its website.

Data breaches 121

Data breaches Healthcare Artificial Intelligence Identity Theft 121

Heimadal Security

JANUARY 31, 2024

Keenan data breach exposes sensitive data belonging to 1,509,616 individuals. The insurance broker company notified the impacted customers and employees on January 26th, 2024. According to the data breach notification, the hackers gained access to Keenan`s network on August 21st, 2023.

Data breaches 89

Data breaches Risk Insurance Cybersecurity 89

Heimadal Security

FEBRUARY 14, 2024

Hackers targeted two French healthcare providers and generated the largest data breach in French history. The French Data Protection Agency (CNIL) said both Viamedis and Almerys data breaches exposed the data of 33 million people.

Data breaches 77

Data breaches Cyber Attacks Insurance Healthcare 77

Security Boulevard

FEBRUARY 15, 2024

Data breaches are a massive problem for just about everyone around the world. While you may see reports about data breaches primarily affecting U.S. For example, a data breach took place in France against two of the country’s service providers for medical insurance companies.

Data breaches 57

Data breaches Banking Insurance 57

Adam Levin

SEPTEMBER 7, 2020

With the average cost of a data breach exceeding three million dollars, cyber insurance has become a necessity for SMBs. The post SMBs and Cyber Insurance – Third Certainty #27 appeared first on Adam Levin. Find out more on the latest episode of Third Certainty with Adam Levin.

Cyber Insurance 130

Cyber Insurance Insurance Data breaches Cybersecurity 130

Security Affairs

DECEMBER 11, 2023

Toyota Financial Services (TFS) disclosed a data breach, threat actors had access to sensitive personal and financial data. Toyota Financial Services (TFS) is warning customers it has suffered a data breach that exposed sensitive personal and financial data.

Financial Services 122

Financial Services Data breaches Identity Theft Banking 122

Malwarebytes

NOVEMBER 13, 2023

The US State of Maine says it has suffered a data breach impacting around 1.3 The type of stolen data varies from person to person, likely because the data breach affected multiple agencies in the State. The breach also impacted several other departments. million people.

Data breaches 119

Data breaches Identity Theft Insurance Education 119

Joseph Steinberg

AUGUST 5, 2021

Understanding the difference between the two is also essential when seeking to obtain – and when acquiring – cyber-liability insurance. Likewise, if you purchase appropriate first-party insurance, your insurance policy should cover the relevant losses – as the losses are borne directly by the policyholder (your business).

Insurance 141

Insurance Risk Data breaches Artificial Intelligence 141

Bleeping Computer

JULY 2, 2021

Gallagher (AJG), a US-based global insurance brokerage and risk management firm, is mailing breach notification letters to potentially impacted individuals following a ransomware attack that hit its systems in late September. [.].

Insurance 144

Insurance Data breaches Ransomware Risk 144

Security Affairs

NOVEMBER 2, 2023

Okta warns approximately 5,000 employees that their personal information was compromised due to a third-party vendor data breach. ” reads the data breach notification sent to the impacted individuals and shared with the Office of the Maine Attorney General.

Data breaches 126

Data breaches Hacking Healthcare Social Engineering 126

Security Affairs

FEBRUARY 28, 2024

Pharmaceutical giant Cencora suffered a cyber attack and threat actors stole data from its infrastructure. Pharmaceutical giant Cencora disclosed a data breach after it was the victim of a cyberattack. Optum Solutions is a subsidiary of UnitedHealth Group, a leading health insurance company in the United States.

Data breaches 104

Data breaches Healthcare Insurance Ransomware 104

Security Affairs

DECEMBER 9, 2023

Kentucky health system Norton Healthcare disclosed a data breach after it was a victim of a ransomware attack in May. Norton Healthcare disclosed a data breach after a ransomware attack that hit the organization on May 9, 2023.

Healthcare 123

Healthcare Data breaches Ransomware Insurance 123

Security Boulevard

NOVEMBER 24, 2023

First published by HelpNetSecurity  — Matthew Rosenquist Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance. to 130.6%).

Insurance 70

Insurance Risk Cyber Insurance Cybersecurity 70

CyberSecurity Insiders

MAY 1, 2023

This legal turn is supported by a study conducted by BakerHostetler, which confirms that lawsuits against companies that suffer data breaches are becoming more common and may increase by the end of this year. Now the big question: Is there any benefit in filing a lawsuit against the technology service provider for a data breach?

Data breaches 138

Data breaches Cyber Insurance Insurance Technology 138

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 119

Data breaches Identity Theft Insurance Ransomware 119

SecureWorld News

APRIL 17, 2023

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Compliance: Certain industries and jurisdictions require organizations to have cyber insurance or to meet certain cybersecurity standards.

Cyber Insurance 97

Cyber Insurance Insurance Risk CISO 97

Security Boulevard

MARCH 15, 2023

With ransomware attacks, social engineering, and data breaches at an all-time high, terms like “cybersecurity” and “cyber insurance” are being thrown around in conversation more than ever before. The post The Comprehensive Value of Investing in Both Cybersecurity and Cyber Insurance appeared first on Security Boulevard.

Cyber Insurance 97

Cyber Insurance Insurance Social Engineering Cybersecurity 97

Centraleyes

APRIL 9, 2024

According to IBM’s recently released “Cost of a Data Breach” statistics report, the average financial toll of a data breach has surged to an unprecedented $4.45 Regional Disparities in Data Breach Costs The United States emerges with a significantly higher average cost of $9.4

Data breaches 52

Data breaches Cyber Insurance Insurance Ransomware 52

Heimadal Security

MAY 18, 2021

On May 12th, student health insurance carrier guard.me According to them, a flaw enabled a cybercriminal to obtain students’ private data such as email addresses, dates of birth, phone numbers, and even passwords. International Insurance is among the world’s largest […]. appeared first on Heimdal Security Blog.

Insurance 55

Insurance Data breaches Passwords Cybersecurity 55

Security Affairs

NOVEMBER 12, 2023

The State of Maine disclosed a data breach that impacted about 1.3 The Government organization disclosed a data breach that impacted about 1.3 Compromised data may include the Social Security number (SSN), date of birth, driver’s license/state identification number, and taxpayer identification number. million “U.S.-based

Data breaches 121

Data breaches Insurance Identity Theft Education 121

Schneier on Security

APRIL 12, 2018

Good article about how difficult it is to insure an organization against Internet attacks, and how expensive the insurance is. Companies like retailers, banks, and healthcare providers began seeking out cyberinsurance in the early 2000s, when states first passed data breach notification laws.

Insurance 119

Insurance Cybersecurity Data breaches Retail 119

IT Security Guru

FEBRUARY 28, 2023

Cyber insurers are losing money. Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

Cyber Insurance 113

Cyber Insurance Insurance Marketing Cyber Risk 113

Security Affairs

JANUARY 19, 2024

American global apparel and footwear company VF Corp revealed that the December data breach impacted 35.5 “VF will be seeking reimbursement of costs, expenses and losses stemming from the cyber incident by submitting claims to VF’s cybersecurity insurers. million customers. In 2015, the company controlled 55% of the U.S.

Data breaches 121

Data breaches Retail Insurance Passwords 121

Security Affairs

NOVEMBER 23, 2023

Healthcare services provider Welltok disclosed a data breach that impacted nearly 8.5 It provides a platform that leverages data-driven insights to engage individuals in their health and well-being. The company disclosed a data breach that exposed the personal data of nearly 8.5 million patients in the U.S.

Data breaches 104

Data breaches Insurance Healthcare Hacking 104

Graham Cluley

FEBRUARY 8, 2024

Two US insurance companies are warning that thousands of individuals' personal information may have been stolen after hackers compromised computer systems. Read more in my article on the Hot for Security blog.

Insurance 115

Insurance Data breaches 115

Bleeping Computer

MAY 17, 2021

Student health insurance carrier guard.me has taken their website offline after a vulnerability allowed a threat actor to access policyholders' personal information. [.].

Insurance 99

Insurance Data breaches 99

The Hacker News

NOVEMBER 9, 2022

The rise in the costs of data breaches, ransomware, and other cyber attacks leads to rising cyber insurance premiums and more limited cyber insurance coverage. This cyber insurance situation increases risks for organizations struggling to find coverage or facing steep increases.

Cyber Insurance 77

Cyber Insurance Insurance Data breaches Cyber Attacks 77

Heimadal Security

JULY 5, 2021

A September 2020 AJG data breach has been reported by the company itself, affecting a number of the insurance company’s systems. Customer data stored on the compromised systems might have been leaked or stolen in a ransomware attack that happened on the 26th of September 2020. Back […].

Insurance 59

Insurance Data breaches Ransomware Cyber Insurance 59

Security Boulevard

OCTOBER 1, 2022

The list of companies that have experienced data breaches in 2022 continues to grow, including Meta, Samsung, Twilio, Twitter, Uber and more. No wonder the cyber insurance market is expected to grow at a compound average rate of almost 25 percent […]. The post Preparing for Cyber Insurance?

Cyber Insurance 109

Cyber Insurance Insurance Data breaches Marketing 109