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As we approach 2025, the cybersecurity landscape is evolving rapidly, shaped by technological advancements, regulatory shifts, and emerging threats. By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022. To keep up, organizations must stay ahead of these developments.
Texas Tech University reports a databreach affecting 1.4 million, exposing personal, health, and financial data from its health sciences centers. Texas Tech University disclosed a databreach that impacted over 1.4 ” reads the notice of security breach published by the HSCs.
These technologies already exist, and they could let you securely prove specific facts about yourself without surrendering control of your whole identity. This isn’t just theoretically better than traditional usernames and passwords; the technologies represent a fundamental shift in how we think about digital trust and verification.
for stealing data on nearly 10 million customers of the Australian health insurance giant Medibank. “My nickname was MikeMike, and I worked with Dmitri Golubov and made technologies for him,” Shefel said. “I’m also godfather of his second son.” ” Dmitri Golubov, circa 2005. Image: U.S.
With the advent of new technologies and rising cyber threats , 2025 promises significant shifts in the cybersecurity domain. Hackers with access to quantum technology could potentially break existing cryptographic protocols, necessitating the development of quantum-resistant encryption.
Databreach at Healthcare services company Episource exposes personal and health data of over 5.4 A cyberattack on healthcare firm Episource led to a databreach exposing personal and health data of over 5.4 ” reads the notice of databreach published on its website. million individuals.
Attackers are not only encrypting data but also engaging in "double extortion," stealing sensitive patient information to demand higher ransoms. The costly disruptions and databreaches from these attacks have made ransomware defense a top investment area for healthcare organizations. Large health systems in the U.S.
In its 17th edition, Verizon's 2025 DataBreach Investigations Report (DBIR) continues to deliver one of the most comprehensive analyses of cyber incidents worldwide. The DBIR breaks down breach trends across industries: Financial and Insurance: Heavily targeted by credential stuffing and phishing; fastest detection rates.
The latest wave of privacy litigation doesn't involve databreaches, AI models, or spyware. Companies across industries are being sued for using widely available web technologies: session replay tools, analytics platforms, and advertising trackers. For insurers, this is a coverage minefield.
New tools are invented every day, and certain technologies are reaching market valuations that have never been seen before. Data Security Posture Management (DSPM) and Artificial Intelligence (AI), which are poised for significant expansion over the coming decade. The tech realm is continually evolving. The AI Revolution: $4.8
The increasing frequency of databreaches and the sophistication of cyber threats highlight the pressing need for strong API security. National Institute of Standards and Technology (NIST) SP 800-53 Rev. They stress the need for secure data transmission using technologies like TLS 1.2+ 5: The NIST SP 800-53 Rev.
Among these businesses, human error was cited as the leading cause of cloud-based databreaches at 41% (10 points higher than the global number). The Dangers of Emerging Technology Trends When asked about emerging concerns, quantum computing threats came up unsurprisingly.
It offers basic VPN functionality along with advanced features like databreach scanning and password manager integrations. per month, add features like databreach scanning and browsing protection. Its hefty features include ad blocking, anti-malware, databreach scanning, and password manager functionality.
The regulation emphasizes strict access control measures to ensure that only authorized personnel can access sensitive data. Over 60% of databreaches involve insiderssome malicious, others accidental. Encryption Sensitive data must be encrypted, whether in transit or at rest. What Happens When Compliance Fails?
A conservative approach focusing on proven solutions over untested technologies is key to mitigating these evolving threats Ventura Jeremy Ventura , Field CISO, Myriad360 Cybersecurity incidents in 2024 highlighted the rising threat of third-party supply chain attacks, emphasizing the need for vendor visibility and risk assessments.
Chinese cyber spies targeted phones used by Trump and Vance Irish Data Protection Commission fined LinkedIn €310M for GDPR infringement Change Healthcare databreach impacted over 100 million people OnePoint Patient Care databreach impacted 795916 individuals From Risk Assessment to Action: Improving Your DLP Response U.S.
Figure 1: BreachForums post advertises data from US retailer recently acquired by another retailer Exploring the Patterns in M&A Incidents Manufacturing Most at Risk Our analysis of customer data from 2024 found the manufacturing sector faced the most M&A-related issues, accounting for 42% of customer M&A incidents.
Third-party risk rises as a factor in breaches: Verizon DBIR 2025 Verizons latest annual DataBreach Investigations Report (DBIR) shows some concerning trends with a sharp escalation in global cyber threats. Landed earlier than usual, the 2025 edition found that 30 per cent of breaches involved third-parties, doubling from 2024.
Its an apt phAn erase for people working in cybersecurity and data protection, who, as Brian joked, tend not to look on the bright side. Drawing on reports from the World Economic Forum, the Verizon DataBreach Investigations Report and Hiscox Insurance, Brian painted a picture of what that dark side looks like.
Cybersecurity is on the brink of significant transformation as we approach 2025, grappling with escalating complexities driven by advancements in technology, increasing geopolitical tensions, and the rapid adoption of AI and IoT. Ethics The ethical challenges posed by advancing AI technologies will demand urgent attention in 2025.
Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. High-privileged accounts enhance attackers’ ability to access unauthorized data, potentially causing databreaches and operational disruptions.
Halts Hundreds of Attacks in the past 48 hours: Combating Ransomware and Nation-State Cyber Threats Head-On Subscribe to our Newsletters Most Read on the Boulevard 16 Billion Leaked Records May Not Be a New Breach, But They’re a Threat Scattered Spider Targets Aflac, Other Insurance Companies WhatsApp BANNED by House Security Goons — But Why?
The third relates to ethical decision making in assessing technologies for law enforcement. Cyber insurance industry faces a pivotal year The cyber insurance industry faces a pivotal year, influenced by evolving ransomware threats, regulatory changes, and the integration of artificial intelligence (AI). MORE Got crypto?
According to SailPoint, the financial industry was the most targeted sector for databreaches in 2024. They may need to install additional tooling such as systems to enhance security and availability monitoring of technologies. Arguably, its never been more needed than now.
They accept most insurance plans and offer income-based sliding fee discounts for uninsured patients. On July 13, 2025, the ransomware group Stormous listed North Country HealthCare on its data leak site, claiming to have stolen sensitive information on 600,000 patients. ” reported the HIPAA Journal. UAE, France, and Brazil.
The stakes are higher than everprotecting critical infrastructure will require not just technology, but also robust incident response plans and partnerships.'" Broader Implementation of AI Acceptable Use Policies: Industries may begin focusing on formalizing guidelines to promote the ethical, secure, and responsible use of AI technologies.
Continuous security monitoring tools help prevent databreaches, reduce downtime, and keep you in line with regulations, all of which can save you from costly disasters. Think of it like insurance —you don’t realize its value until it’s too late. However, it’s still understandable to hesitate before jumping into the investment.
This encompasses a broad spectrum of areas, including compliance, financial health, campus safety, and technological infrastructure. Cyberattacks increasingly lead to downtime, loss of trust, and regulatory scrutinyespecially when student data leaks occur. Without these, securing affordable cyber insurance becomes difficult.
Step 3: Identify Risks Use tools like risk registers, brainstorming sessions, or historical data analysis to pinpoint potential risks. operational, financial, strategic, or technological). insurance). Ideal For: Organizations where financial metrics drive decisions, such as banks, insurers, or large corporations.
He added that the wearable health technology is a key pillar to the "Making America Healthy Again" agenda. How to prep your tech ahead of possible emergencies There will be further integration and collaboration between technology brands and health brands. Also: Storms and bad weather? We'll have to see.
Ironically, while many larger enterprises purchase insurance to protect themselves against catastrophic levels of hacker-inflicted damages, smaller businesses – whose cyber-risks are far greater than those of their larger counterparts – rarely have adequate (or even any) coverage. Insurance is, therefore, always needed.
I decided to write this post because there's no concise way to explain the nuances of what's being described as one of the largest databreaches ever. But hyperbole is often a theme with incidents like this, so let's take the headlines with a grain of salt and see what the data tells us. suffered #databreach.
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 databreach notification laws.
Healthcare technology company HealthEC disclosed a databreach that exposed the personal information of 4.5 Healthcare technology company HealthEC (HEC) disclosed a databreach that impacted 4.5 million Individuals. million customers of its business partners. ” concludes the notice.
Law firm Orrick, Herrington & Sutcliffe disclosed a databreach that took place in early 2023, which impacted roughly 600,000 individuals. The law firm Orrick, Herrington & Sutcliffe, disclosed a databreach that impacted 638,000 individuals. ” reads the databreach notification.
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).
However, as a repeat offender, I don’t see how they were compliant with the required standards of protecting that volume or sensitivity of data. Clearly, there was a failure somewhere, either human error or faulty technology or both. as well as insurance and merchant accounts, to commit insurance fraud and wire fraud.
Healthcare system Advocate Aurora Health (AAH) disclosed a databreach that exposed the personal data of 3,000,000 patients. The US-based hospital healthcare system Advocate Aurora Health (AAH) disclosed a databreach that exposed the personal data of 3,000,000 patients.
Prescription service firm Sav-Rx disclosed a databreach that potentially impacted over 2.8 Prescription service company Sav-Rx disclosed a databreach after 2023 cyberattack. The company is notifying 2,812,336 individuals impacted by the security breach in the United States. million people in the United States.
This legal turn is supported by a study conducted by BakerHostetler, which confirms that lawsuits against companies that suffer databreaches 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 databreach?
Healthcare services provider Welltok disclosed a databreach 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 databreach that exposed the personal data of nearly 8.5 million patients in the U.S.
Cyberattacks are not only a technological problem for companies, but they also represent a very real financial threat. That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a databreach is $4.24 Cyber Insurance is Booming. million and climbing.
The insurance industry is experiencing a significant transformation fuelled by the ubiquity of digital technologies. As these solutions gain traction in this sector, they add complexity to a regulatory landscape that insurance firms need to navigate, especially when it comes to Customer Identity and Access Management (CIAM).
The Maryland Department of Labor announced it has suffered a databreach announced that exposed personally identifiable information. . The Maryland Department of Labor suffered a databreach, hackers accessed databases containing personally identifiable information (PII). ” continues the Department. .
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