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Insurance and Ransomware

Schneier on Security

Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. Although it is a societal problem, cyber insurers have received considerable criticism for facilitating ransom payments to cybercriminals.

Insurance 281
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The Best 10 Vendor Risk Management Tools

Centraleyes

Let’s discuss an acronym reshaping the business world: Vendor Risk Management , or VRM. With supply chains extending across multiple regions and involving numerous third-party vendors, organizations face unprecedented challenges in managing vendor risks effectively. What risks are you facing?

Risk 111
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Defining Good: A Strategic Approach to API Risk Reduction

Security Boulevard

How do we gauge how risky it is and how do we ensure that future APIs are not putting the enterprise at risk? This can not be done without major risk unless organizations have created and mandated corporate standards on what a "good" API actually is from a security standpoint. Defining and sharing what good means.

Risk 57
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COVID-19 Vaccination Management Problems Have Created a Privacy Nightmare For Americans – Even Without Vaccine Passports

Joseph Steinberg

Hospitals, medical clinics, labs, pharmacies, insurance companies, and others involved in the vaccination process often require people who want to be vaccinated to share large amounts of both medical and demographic data in order to register for vaccine appointments.

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Kaiser Permanente Discloses Data Breach Impacting 13.4 Million People

SecureWorld News

This incident underscores the need for robust data security measures at healthcare providers, insurers, and companies that handle protected health information (PHI). This information could potentially be used for identity theft, financial fraud, or to illegally obtain medical services and prescription drugs.

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Consent to gather data is a "misguided" solution, study reveals

Malwarebytes

Neil Richards and Woodrow Hartzog, authors of the paper "The Pathologies of Digital Consent," give strength to this argument by recognizing a form of consent they call "unwitting consent," which occurs when people do not really understand "the legal agreement," "the technology being agreed to," and "the practical consequences or risks of agreement.”

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AON ACQUIRES CYTELLIGENCE, A LEADING INTERNATIONAL CYBER SECURITY FIRM WITH DEEP EXPERTISE IN CYBER INCIDENT RESPONSE AND DIGITAL FORENSIC INVESTIGATIONS

Cytelligence

Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025. According to Aon’s 2019 Global Risk Management Survey , cyber-attacks were identified as a top ten risk facing organizations and is predicted to be one of the top three risks for organizations in 2022. “As