Tag: insurance
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My Car Knows My Secrets, and I’m (Mostly) OK With That
Imagine your car gossiping to insurance companies about your lead foot, or data brokers peddling your daily coffee run. Welcome to the world of connected cars, where convenience and privacy are locked in a head-on collision. First seen on darkreading.com Jump to article: www.darkreading.com/vulnerabilities-threats/my-car-knows-my-secrets
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New York Fines Geico, Travelers $11.3M for Data Breaches
Fines Tied to Wave of 2021 Driver’s License Number Theft. New York state authorities fined auto insurance giant Geico $9.75 million for failing to protect customers’ driver’s license numbers during a wave of cyber incidents in early 2021. Travelers will pay $1.55 million after hackers used stolen credentials to flitch license numbers in mid-2021. First…
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New York Secures $11.3m from Insurance Firms in Data Breach Settlement
New York State has agreed a $11.3m settlement from two insurance firms following the breach of the personal data of over 120,000 drivers in the state First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/new-york-insurance-data-breach/
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Prudential taps AI to improve health insurance experience
First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366614496/Prudential-taps-AI-to-improve-health-insurance-experience
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Five Ransomware Groups Responsible for 40% of Cyber-Attacks in 2024
Corvus Insurance highlighted the growing complexity and competition within the ransomware ecosystem, with the threat level remaining elevated First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/five-ransomware-groups-40-of/
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CISOs can now obtain professional liability insurance
A new business insurance offering can shield CISOs from personal losses in the event of a lawsuit. First seen on cyberscoop.com Jump to article: cyberscoop.com/ciso-liability-insurance-coverage-protection-crum-forster/
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CyberEdBoard Profiles in Leadership: David Anderson
Woodruff Sawyer’s David Anderson on Cyber Insurance, Client Relationships and Trust. David Anderson’s career began in banking and followed a path to the rapidly changing world of cyber insurance. Anderson, vice president of cyber liability at Woodruff Sawyer, shares how he built a practice rooted in transparency, trust and client education. First seen on govinfosecurity.com…
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Cracking the Cyber Insurance Code With Continuous Exposure Management
First seen on scworld.com Jump to article: www.scworld.com/perspective/cracking-the-cyber-insurance-code-with-continuous-exposure-management
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Cyber Insurance Policy
As the digital landscape becomes more interconnected, it brings with it the growing threat of cyberattacks. The purpose of this policy, written by Mar… First seen on techrepublic.com Jump to article: www.techrepublic.com/resource-library/toolstemplates/cyber-insurance-policy/
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Critical vulnerabilities persist in high-risk sectors
Finance and insurance sectors found to have the highest number of critical vulnerabilities, according to Black Duck. Finance and insurance industry faces highest … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2024/11/15/finance-industry-vulnerabilities/
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Troubled US insurance giant hit by extortion after data leak
First seen on theregister.com Jump to article: www.theregister.com/2024/10/17/us_insurance_giant_with_a/
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CISOs Turn to Indemnity Insurance as Breach Pressure Mounts
Panaseer claims 72% of security leaders are taking out personal indemnity insurance as board scrutiny increases First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/cisos-indemnity-insurance-breach/
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Insurance Firm Introduces Liability Coverage for CISOs
National insurance firm Crum and Forster is offering a professional liability program for CISOs who are facing growing regulatory pressures and sophisticate cyberattacks but often are not covered by their organizations’ DO policies. First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/11/insurance-firm-introduces-liability-coverage-for-cisos/
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Coalition: Ransomware severity up 68% in first half of 2024
The cyber insurance carrier examined claims trends for the first half of 2024, which showed policyholders experienced disruptive and increasingly cost… First seen on techtarget.com Jump to article: www.techtarget.com/searchsecurity/news/366613275/Coalition-Ransomware-severity-up-68-in-first-half-of-2024
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Who should be in the room when purchasing cyber insurance?
Cyber exposure should be treated just as seriously as a fire event, each with a high potential to disrupt business for extended periods of time, Peter Hedberg of Corvus Insurance writes.; First seen on cybersecuritydive.com Jump to article: www.cybersecuritydive.com/news/buying-cyber-insurance-ciso/732506/
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New Cyber Insurance Study Correlates Weak Security With Incident Risk
First seen on scworld.com Jump to article: www.scworld.com/news/new-cyber-insurance-study-correlates-weak-security-with-incident-risk
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Safeguarding Cyber Insurance Policies With Security Awareness Training
With cybersecurity threats continuing to evolve at an accelerated pace, organizations need to ensure that their cyber insurance policies remain active… First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/10/safeguarding-cyber-insurance-policies-with-security-awareness-training/
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AI Cyberattacks Rise but Businesses Still Lack Insurance
Cybersecurity is a leading concern for risk managers as AI-related cyber risks surge, and despite growing investments, many businesses still lack comp… First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/10/ai-cyberattacks-rise-but-businesses-still-lack-insurance/
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The future of cyber insurance: Meeting the demand for non-attack coverage
In this Help Net Security interview, Michael Daum, Head of Global Cyber Claims for Allianz Commercial, discusses the significant rise in cyber claims … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2024/10/25/michael-daum-allianz-commercial-cyber-claims/
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European cyber insurance startup Stoïk secures $27M
Cyber risk has become an increasingly important issue for small companies around the world. While many companies try to avoid and mitigate cyber risks… First seen on techcrunch.com Jump to article: techcrunch.com/2024/10/14/european-cyber-insurance-startup-stoik-secures-27-million/
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Landmark Admin Discloses Data Breach Impacting 800,000 People
Insurance administrator Landmark Admin says personal information stolen in a ransomware attack earlier this year. The post Landmark Admin Discloses Da… First seen on securityweek.com Jump to article: www.securityweek.com/landmark-admin-discloses-data-breach-impacting-800000-people/
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Insurance admin Landmark says data breach impacts 800,000 people
First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/insurance-admin-landmark-says-data-breach-impacts-800-000-people/
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Landmark, an administrator for insurance firms, says 800,000 affected by data breach
First seen on therecord.media Jump to article: therecord.media/landmark-admin-data-breach-insurance-industry
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GitHub, Telegram Bots, and ASCII QR Codes Abused in New Wave of Phishing Attacks
A new tax-themed malware campaign targeting insurance and finance sectors has been observed leveraging GitHub links in phishing email messages as a wa… First seen on thehackernews.com Jump to article: thehackernews.com/2024/10/github-telegram-bots-and-qr-codes.html
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Insurance Firm Johnson Johnson Discloses Data Breach
Johnson Johnson has disclosed a data breach impacting the personal information of thousands of people. The post Insurance Firm Johnson & Johnson Discl… First seen on securityweek.com Jump to article: www.securityweek.com/johnson-johnson-discloses-data-breach/
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MSSP Alert Live: What to Know About Cyber Insurance and Warranties
First seen on scworld.com Jump to article: www.scworld.com/news/mssp-alert-live-what-to-know-about-cyber-insurance-and-warranties
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MSSP Alert Live 2024: What to Know About Cyber Insurance and Warranties
First seen on scworld.com Jump to article: www.scworld.com/news/mssp-alert-live-2024-keynote-what-you-should-know-about-cyber-insurance-and-warranties
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Hackers blackmail Globe Life after stealing customer data
Insurance giant Globe Life says an unknown threat actor attempted to extort money in exchange for not publishing data stolen from the company’s system… First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/hackers-blackmail-globe-life-after-stealing-customer-data/
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Insurance giant Globe Life facing extortion attempts after data theft from subsidiary
First seen on therecord.media Jump to article: therecord.media/globe-life-insurance-facing-extortion-threat-after-subsidiary-data-theft