Malwarebytes

APRIL 29, 2024

Health insurance giant Kaiser has announced it will notify millions of patients about a data breach after sharing patients’ data with advertisers.

Advertising 101

Advertising Insurance Mobile Data breaches 101

SecureWorld News

APRIL 29, 2024

Kaiser Permanente, one of the largest not-for-profit providers of health care and coverage in the United States, is dealing with the fallout from a significant data breach that has affected more than 13 million individuals. The company revealed details of the incident in a public notification posted on April 25th.

Data breaches 85

Data breaches Healthcare Identity Theft Advertising 85

eSecurity Planet

APRIL 22, 2022

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 data breach is $4.24 Cyber Insurance is Booming. million and climbing.

Cyber Insurance 117

Cyber Insurance Insurance Marketing Small Business 117

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 72

Insurance Risk Cyber Insurance Cybersecurity 72

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 123

Insurance Cybersecurity Data breaches Retail 123

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 88

Data breaches Insurance Healthcare Hacking 88

Centraleyes

MAY 6, 2024

Every few decades, the world experiences a technological disruption that changes our lives. The insurance industry is no exception. The insurance industry is built on handling our own and everyone else’s risks. A good use case of this model would be the underwriting industry using a ChatGPT-like bot to process insurance claims.

Insurance 52

Insurance Artificial Intelligence Cyber Insurance Marketing 52

Malwarebytes

JULY 10, 2022

So, your business has just suffered a data breach and it’s time to dig deep in your pockets to pay all the resulting expenses. Without cyber insurance , you can expect to pay a dizzying amount of cash. Here are four ways your business can save money on its insurance. How is cyber insurance priced? Fixed rate.

Cyber Insurance 89

Cyber Insurance Insurance Data breaches Phishing 89

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

Security Affairs

OCTOBER 20, 2022

Healthcare system Advocate Aurora Health (AAH) disclosed a data breach that exposed the personal data of 3,000,000 patients. The US-based hospital healthcare system Advocate Aurora Health (AAH) disclosed a data breach that exposed the personal data of 3,000,000 patients.

Data breaches 107

Data breaches Healthcare Insurance Accountability 107

Adam Levin

MARCH 26, 2020

Cyber insurance is still evolving, and as such you can still get good deals even if your cybersecurity is not completely up to snuff. At some point that will be a question that cyber insurers will think about 24/7, solutions evolving alongside challenges and underwriting calculations following close behind. Who is accountable?

Cyber Insurance 211

Cyber Insurance Insurance Hacking Passwords 211

Security Affairs

JUNE 12, 2023

The Clop ransomware group has stolen stole personal and health information of 489,830 individuals as a result of a ransomware attack on the technology firm Intellihartx. ” reads the data breach notification issued by the company.

Data breaches 81

Data breaches Identity Theft Ransomware Data privacy 81

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 78

Cyber Insurance Insurance Cyber Risk Authentication 78

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

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

CyberSecurity Insiders

MAY 23, 2022

FBI and Homeland Security were asked to investigate the breach and discovered that none of the stolen details have been misused or sold on the dark web to date. Both the law enforcement agencies issued a joint statement that no social security numbers, insurance details, home addresses, and health data were leaked in the incident.

Data breaches 121

Data breaches Ransomware Identity Theft Insurance 121

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

SecureWorld News

MARCH 3, 2021

Operational impact of the data breach. It also included detailed information on the data breach and how that impacted the operations of the company. "As As previously disclosed on September 29, 2020, we experienced an information technology security incident in the early morning hours of September 27, 2020.

Data breaches 82

Data breaches Technology Healthcare Insurance 82

Security Boulevard

JUNE 26, 2023

The end result of these types of cyber attacks are often highly public and damaging data breaches. 1 in 4 Americans reported that they would stop doing business with a company following a data breach, and 67% of consumers reported a loss of trust in an organization following a breach. What Are Data Breaches?

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

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 82

Risk Cyber Insurance Insurance Data breaches 82

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

The Last Watchdog

AUGUST 19, 2021

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.

Mobile 306

Mobile Data breaches Authentication Accountability 306

Security Affairs

JANUARY 20, 2023

PayPal is sending out data breach notifications to thousands of users because their accounts were compromised through credential stuffing attacks. The company added that the unauthorized accessed were the result of credential stuffing attacks and that its systems were not breached.

Data breaches 84

Data breaches Identity Theft Accountability Passwords 84

The Hacker News

APRIL 10, 2023

As technology advances, cyberattacks are becoming more sophisticated. With the increasing use of technology in our daily lives, cybercrime is on the rise, as evidenced by the fact that cyberattacks caused 92% of all data breaches in the first quarter of 2022.

Cyber Insurance 88

Cyber Insurance Insurance Cybersecurity Data breaches 88

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

Duo's Security Blog

OCTOBER 7, 2022

In this blog, we explain why it makes sense for these firms to work with managed service providers (MSPs) to help bolster their security posture and increase their chances of getting cyber liability insurance cover as insurers continue to raise the bar. Small business cyber insurance: Is it really needed?

Small Business 75

Small Business Cyber Insurance Insurance Cyber Risk 75

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

Security Affairs

JANUARY 4, 2022

The Broward Health public health system disclosed a massive data breach that has impacted more than 1.3 The Broward Health public health system has suffered a data breach that impacted 1,357,879 individuals. ” reads the data breach notification letter sent to the impacted individuals.

Data breaches 78

Data breaches Healthcare Identity Theft Insurance 78

The Hacker News

JULY 6, 2023

As technology advances and organizations become more reliant on data, the risks associated with data breaches and cyber-attacks also increase. The introduction of data privacy laws, such as the GDPR, has made it mandatory for organizations to disclose breaches of personal data to those affected.

Cyber Insurance 84

Cyber Insurance Insurance Data privacy Data breaches 84

Security Affairs

NOVEMBER 28, 2018

Hospital network Atrium Health suffered a data breach, hacked accessed patients’ personal information after compromised the technology solutions provider AccuDoc. AccuDoc is a company providing technology solutions to the healthcare industry, including Hospital network Atrium Health. Pierluigi Paganini.

Data breaches 78

Data breaches Insurance Healthcare Advertising 78

BH Consulting

JUNE 22, 2021

Organisations are coming under increasing pressure to take out cybersecurity insurance cover. Also known as cyber risk insurance, it’s now a prerequisite in some public sector tenders. Sometimes, contracts or proposals ask suppliers for both cybersecurity insurance and documented security controls.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

Security Affairs

JULY 9, 2019

The Maryland Department of Labor announced it has suffered a data breach announced that exposed personally identifiable information. . The Maryland Department of Labor suffered a data breach, hackers accessed databases containing personally identifiable information (PII). ” continues the Department. .

Data breaches 70

Data breaches Insurance Advertising Technology 70

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 77

IoT Technology Artificial Intelligence Government 77

Malwarebytes

SEPTEMBER 14, 2022

This article focuses on helping to prevent cyberattacks purely through technology; though of course, businesses need a combination of technology, people, and strategy to truly become cyber resilient. That being said, security experts advise against relying solely on a single technology or technique to protect business endpoints.

Technology 67

Technology DNS Cyber Insurance Insurance 67

SC Magazine

JULY 12, 2021

The radiology specialist and its vendor Alliance HealthCare are being sued by patients impacted by its nine-month, PACS-related health care data breach. The lawsuit was filed in the New York Southern District Court by some of the 298,532 patients impacted by a PACS-related data breach reported in March 2020.

Data breaches 92

Data breaches Identity Theft Healthcare Insurance 92

Centraleyes

MARCH 28, 2024

Coalition, a leader in cyber insurance, has added a positive endorsement for artificial intelligence (AI) to its cyber insurance plans for the US and Canada. The endorsement expands the definition of a security failure or data breach to include events caused by artificial intelligence.

Artificial Intelligence 52

Artificial Intelligence Cyber Insurance Insurance Technology 52

SecureWorld News

APRIL 5, 2021

The beverage company recently gave investors an update on data breach recovery and material impacts: "Molson Coors has made substantial progress in restoring its systems following the recent cybersecurity incident. We also have notified and are working with all of our relevant insurance companies.". Canada and the U.S.

Data breaches 89

Data breaches Insurance Cybersecurity Government 89