Cyber insurance applicants should provide detailed responses that clarify the nature of their business to avoid claim denials in the event of a security incident. Pasich LLP Senior Managing Associate Tae Andrews urged applicants to "interrogate the interrogator" to push back on vague questions.
Mule accounts have become an increasingly prevalent element of fraudulent schemes, acting as the primary pathway for moving funds from various sources of fraud, such as scams, check fraud, account takeovers, and authorized push payment (APP) fraud, into the accounts of fraudsters themselves. Startlingly, studies have...
The LockBit ransomware group on Tuesday published 1.5 terabytes of data the group says it stole from Bank Syariah Indonesia after ransom negotiations broke down. The group says the records include information of about 15 million customers and employees of the country's largest Islamic bank.
The Federal Trade Commission on Thursday made a few bold moves to ramp up its oversight of data privacy. They include issuing a notice of proposed amendments to its Health Breach Notification Rule and releasing a policy statement warning of heightened scrutiny over the use of biometric information.
Federal regulators fined a practice management software and services vendor $350,000 in the aftermath of an investigation into a 2018 HIPAA breach that involved a file transfer protocol server mishap. The company said the incident was the result of "a singular human error."
Cloud-based electronic health records vendor NextGen Healthcare is so far facing a dozen proposed class action lawsuits filed in the last week in the same Georgia federal court following the company's disclosure this month of a data breach affecting 1 million individuals.
Yigal Unna, former DG, National Cyber Directorate, Israel, emphasized the importance of continued collaboration between defenders and the formation of a Global Cyber Cabinet consisting of more than 20 national CISOs from leading countries working to dismantle cybercrime syndicates.
New bipartisan legislation introduced in the U.S. Senate - the Rural Hospital Cybersecurity Enhancement Act - aims to help address the shortage of cybersecurity skills facing rural hospitals, which increasingly find themselves in the crosshairs of hackers, including ransomware attackers.
Organizations of all types have important work ahead to comply with Washington state's new My Health My Data Act, which pertains to any entity - inside or outside the state - that handles health data of consumers in the state, said Cat Kozlowski, attorney at law firm Polsinelli.
A rural Utah healthcare provider is notifying more than one hundred thousand individuals of a cybersecurity incident. Hackers may have accessed or stolen patient data of 103,974 patients who received care between March 2012 and last November.
A recently proposed federal rule would prohibit healthcare organizations from disclosing to law enforcement patient information related to obtaining or providing an abortion. If enacted, it will address longstanding loopholes in healthcare privacy, said attorney Kathleen McGee.
Cyber criminals have long viewed healthcare as an attractive target. But in today's uncertain environment, cyber threats are more potentially damaging than ever. Ransomware attacks show no sign of stopping – simply because they work. Download IDC's Industry Spotlight to learn more about how healthcare organizations...
Healthcare IT and security professionals have spoken. Ponemon listened. In this study sponsored by Proofpoint, Ponemon surveyed 641 people responsible for security strategies – including setting IT cybersecurity priorities, managing budgets and selecting vendors and contractors. The goal was to understand the...
Two separate proposed class action data privacy lawsuits involving the use of Meta Pixel tracking tools in healthcare entity websites are continuing to proceed with new legal developments this week in a Northern California federal court.
OTC Markets Group in recent years has gone from having almost sector-specific cybersecurity regulations to highly robust ones, said CISO Vlad Brodsky. Since 2016, the New York-based financial market has been subject to stringent policies and procedures to ensure OTC's cybersecurity and resiliency.
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