Tag: insurance
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Reporting lines: Could separating from IT help CISOs?
Tags: attack, business, cio, ciso, cyber, cybersecurity, exploit, finance, insurance, metric, mitigation, risk, risk-management, skills, technology, vulnerabilityReporting to the CFO can improve discussions about funding: There’s art and science to secure funding. Number matters in getting budget approval, and cybersecurity is at pains to be seen as more than a cost center. However, two-thirds (66%) of CFOs don’t fully understand the CISO role and have difficulty seeing the tangible return on…
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Building A Strong Compliance Framework: A CISO’s Guide To Meeting Regulatory Requirements
In the current digital landscape, Chief Information Security Officers (CISOs) are under mounting pressure to ensure their organizations meet a growing array of regulatory requirements while maintaining robust cybersecurity. The proliferation of regulations such as the General Data Protection Regulation (GDPR), Health Insurance Portability and Accountability Act (HIPAA), and Payment Card Industry Data Security Standard…
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How Organizations Can Leverage Cyber Insurance Effectively
By focusing on prevention, education, and risk transfer through insurance, organizations, especially SMEs, can protect themselves from the rapidly escalating threats of cyberattacks. First seen on darkreading.com Jump to article: www.darkreading.com/cybersecurity-operations/organizations-leverage-cyber-insurance-effectively
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6 types of risk every organization must manage, and 4 strategies for doing it
Tags: ai, attack, backup, best-practice, breach, business, compliance, control, cyber, cybersecurity, data, finance, framework, fraud, GDPR, governance, government, grc, hacker, healthcare, infrastructure, insurance, intelligence, law, mitigation, office, phishing, ransom, ransomware, regulation, risk, risk-assessment, risk-management, service, startup, strategy, technology, threat, training, vulnerabilityCybersecurity risks Threats such as data breaches, phishing attacks, system intrusions, and broader digital vulnerabilities fall under the umbrella of security risks. The definition of cybersecurity risk is constantly evolving, now encompassing threats related to artificial intelligence and AI-driven systems.If you’re trying to mitigate risks in this area, you need to think not just about…
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Lesson from huge Blue Shield California data breach: Read the manual
read the documentation of any third party service you sign up for, to understand the security and privacy controls;know what data is being collected from your organization, and what you don’t want shared.”It’s important to understand these giant platforms make it easy for you to share your data across their various services,” he said. “So…
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Attackers and Defenders Lean on AI in Identity Fraud Battle
Identity verification, insurance claims, and financial services are all seeing surges in AI-enabled fraud, but organizations are taking advantage of AI systems to fight fire with fire. First seen on darkreading.com Jump to article: www.darkreading.com/cyber-risk/fraudsters-increasingly-use-ai-companies-look-ai
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Lemonade says applicant driver’s license numbers exposed
The company is notifying about 190,000 people after certain information used for car insurance quotes was left unencrypted. First seen on cybersecuritydive.com Jump to article: www.cybersecuritydive.com/news/lemonade-drivers-license-exposed/745762/
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Breach Roundup: Cyber Insurance Market Set to Double by 2030
Also, a ‘Perfect Tool’ for Cyberespionage and EU Stocks Up on Burner Phones. This week, the cyber insurance market could double, Europe to use burner phones in the U.S., a BPFDoor campaign, Alcasec faces Spanish prison, a Thai harassment campaign and charges in Taiwan for a Chinese captain. China stonewalled a Swedish cable cutting investigation.…
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Back-Office Servicer Says Dual Hacks in 2024 Hit 1.6 Million
Landmark Admin Compromise Affects More Than a Dozen Insurance and Annuity Carriers. Landmark Admin, a third-party vendor that provides administrative services to life insurance and annuity companies, said 1.6 million people are potentially affected by 2024 ransomware and data exfiltration incidents that compromised a wide range of personal, financial and health information. First seen on…
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Oracle April 2025 Critical Patch Update Addresses 171 CVEs
Oracle addresses 171 CVEs in its second quarterly update of 2025 with 378 patches, including 40 critical updates. Background On April 15, Oracle released its Critical Patch Update (CPU) for April 2025, the second quarterly update of the year. This CPU contains fixes for 171 unique CVEs in 378 security updates across 32 Oracle product…
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Landmark Admin Suffers Major Breach, Exposing Data of 1.6M+ Users
Landmark Admin, LLC (“Landmark”), a Texas-based third-party administrator for life insurance carriers, has confirmed that a cyberattack compromised sensitive personal data belonging to more than 1.6 million individuals. The breach, detected in mid-May 2024, has prompted urgent calls for vigilance among affected policyholders, insurance producers, and beneficiaries. Discovery and Immediate Response According to an official…
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Insurance firm Lemonade warns of breach of thousands of driving license numbers
A data breach at insurance firm Lemonade left the details of thousands of drivers’ licenses exposed for 17 months. First seen on bitdefender.com Jump to article: www.bitdefender.com/en-us/blog/hotforsecurity/insurance-firm-lemonade-warns-of-breach-of-thousands-of-driving-license-numbers
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Guess what happens when ransomware fiends find ‘insurance’ ‘policy’ in your files
It involves a number close to three or six depending on the fiend First seen on theregister.com Jump to article: www.theregister.com/2025/04/16/dutch_ransomware_study/
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Introducing Wyo Support ADAMnetworks LTP
Tags: attack, best-practice, business, compliance, cyber, cybersecurity, data, email, endpoint, finance, GDPR, government, guide, healthcare, infrastructure, insurance, law, linkedin, PCI, phishing, radius, ransomware, regulation, service, skills, strategy, technology, threat, tool, training, update, zero-trustADAMnetworks is excited to announce Wyo Support to the family of Licensed Technology Partners. “After working with the various systems and technologies, there are few that compare with the protection that ADAMnetworks provides. It reduces the attack surface from the broad side of a barn down to the size of a keyhole. No other technology…
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Now 1.6M people had SSNs, life chapter and verse stolen from insurance IT biz
800K? Make that double, and we’ll need a double, too, for the pain First seen on theregister.com Jump to article: www.theregister.com/2025/04/15/landmark_admin_data_loss/
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Insurance Firm Lemonade Says API Glitch Exposed Some Driver’s License Numbers
Lemonade says the incident is not material and that its operations were not compromised, nor was its customer data targeted. The post Insurance Firm Lemonade Says API Glitch Exposed Some Driver’s License Numbers appeared first on SecurityWeek. First seen on securityweek.com Jump to article: www.securityweek.com/insurance-firm-lemonade-says-api-glitch-exposed-some-drivers-license-numbers/
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Insurance firm Lemonade says breach exposed driver’s license numbers
A vulnerability within the online application platform for insurance policies likely resulted in the breach of customer details. First seen on therecord.media Jump to article: therecord.media/lemonade-insrance-breach-numbers-license
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Fraud in Your Inbox: Email Is Still the Weakest Link
At-Bay Cyber Insurance Claims Report Finds 83% of Financial Fraud Starts With Email. Financial fraud remains the leading driver of cyberinsurance claims, with 83% of cases traced back to email-based attacks. Common tactics used to deceive employees include wiring funds to fraudulent accounts, generative AI-crafted emails, executive and vendor impersonation and BEC scams. First seen…
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Compliance Needs Financial Metrics, Not Just Dashboards
Elliott of Zurich Insurance on Why Business Leaders Need Quantifiable Cyber Risks. Many compliance programs rely on vague risk scores and dashboards. These don’t always help business leaders make decisions. Dan Elliott, head of cyber resiliency, Zurich Resilience Solutions, ANZ, at Zurich Insurance, said organizations should frame compliance through financial metrics. First seen on govinfosecurity.com…
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Was ist eine Cyber-Versicherung?
Eine Cyber-Versicherung kann ein hilfreiches Tool sein, das im Falle eines digitalen Sicherheitsvorfalls ermöglicht, das Risiko zu übertragen – allerdings nur bei richtiger Anwendung. First seen on welivesecurity.com Jump to article: www.welivesecurity.com/deutsch/2015/06/05/ist-eine-cyber-versicherung/
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Digital Threats Targeting India – Banking Financial Services and Insurance Insurance (BFSI) Sector
First seen on resecurity.com Jump to article: www.resecurity.com/blog/article/digital-threats-targeting-india-banking-financial-services-and-insurance-insurance-bfsi-sector
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Private Internetnutzer: Bisher nur wenige mit Cyber-Versicherung
First seen on datensicherheit.de Jump to article: www.datensicherheit.de/privat-internetnutzer-kaum-cyber-versicherungen
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10 things you should include in your AI policy
Tags: access, ai, best-practice, breach, business, ceo, ciso, compliance, cybersecurity, data, data-breach, finance, framework, gartner, GDPR, governance, incident response, insurance, law, monitoring, privacy, regulation, risk, software, strategy, switch, technology, tool, training, updateInput from all stakeholders: At Aflac, the security team took the initial lead on developing the company’s AI policy. But AI is not just a security concern. “And it’s not just a legal concern,” Ladner says. “It’s not just a privacy concern. It’s not just a compliance concern. You need to bring all the stakeholders…
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Ensuring Data Privacy and Compliance in the Philippine Insurance Industry
First seen on resecurity.com Jump to article: www.resecurity.com/blog/article/ensuring-data-privacy-and-compliance-in-the-philippine-insurance-industry
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Todyl, Spectra Unveil Cyber Insurance Program for MSSP and MSP Clients
First seen on scworld.com Jump to article: www.scworld.com/news/todyl-spectra-unveil-cyber-insurance-program-for-mssp-and-msp-client
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Cyber insurance isn’t always what it seems
Many companies think cyber insurance will protect them from financial losses after an attack. But many policies have gaps. Some claims get denied. Others cover less than … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2025/03/27/cyber-insurance-ciso/
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Rising attack exposure, threat sophistication spur interest in detection engineering
Tags: access, ai, attack, automation, banking, ceo, ciso, cloud, compliance, cyber, cybersecurity, data, detection, endpoint, exploit, finance, framework, healthcare, infrastructure, insurance, intelligence, LLM, malware, mitre, network, programming, ransomware, RedTeam, risk, sans, siem, software, supply-chain, tactics, technology, threat, tool, update, vulnerability, zero-dayMore than the usual threat detection practices: Proponents argue that detection engineering differs from traditional threat detection practices in approach, methodology, and integration with the development lifecycle. Threat detection processes are typically more reactive and rely on pre-built rules and signatures from vendors that offer limited customization for the organizations using them. In contrast, detection…
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CaaS: The Key to More Affordable Cyber Insurance
Compliance as a Service (CaaS) strengthens a company’s posture and defensibility, making it more attractive to insurers. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/03/caas-the-key-to-more-affordable-cyber-insurance/