Dominic Cutri’s Post

MedData agrees to a $7 million dollar settlement in a class action lawsuit from a 2021 breach (employee error) affecting 136,000 individuals | which equates to about $51 per record/affected individual. In addition MedData is required to perform the following for two years: Annual cybersecurity testing, monitoring for data security issues, data encryption and access controls, annual penetration testing, a data deletion policy, a monitored internal whistleblowing mechanism. Does this mean none of these things were in place before? #cybersecurity #HIPAA #healthcare #riskmanagement #vulnerabilitymanagement #breachnotification #breach #penetrationtesting #compliance #hitrust

TechRadar reports on a significant data breach affecting millions of customers through WebTPA, as detailed in this article. This incident underscores the critical importance of robust cybersecurity measures and data protection protocols. Stay informed about cybersecurity trends and measures to safeguard personal information. https://lnkd.in/gP7uXQVG #DataBreach #WebTPA #Cybersecurity #DataProtection #Privacy #InfoSec #TechNews #DataPrivacy #CyberIncident #SecurityBreach #UnderstandingEnterpriseTech #EnterpriseTechnologyNow #EnterpriseTechnologyToday

The 2024 Cyber Claims Report found that more than half (56%) of all 2023 claims were a result of funds transfer fraud (#FTF) or business email compromise (#BEC), highlighting the importance of email #security as a critical aspect of #cyberrisk management. #talktechwtanya #infosec #cybersecurity #businessemail #fundstransfer #ransomware #firewall #vpn #smb #enterprise #techbydesign

For most small and medium-sized businesses, a #DataBreach, regardless of whether their information was stolen or their network had been penetrated, losing client records has the potential to be catastrophic. At Exact IT Consulting, we can help you take proactive data and network security measures and significantly reduce the chance that your network will fall victim to cybercriminals. Learn more here: https://lnkd.in/gbwyMMJp

First American Reveals Data Breach Impacting 44000 Individuals - Infosecurity Magazine: First American Reveals Data Breach Impacting 44000 Individuals  Infosecurity Magazine #CyberSecurity #InfoSec #SecurityInsights

Keenan & Associates is sending notices of a data breach to 1.5 million customers, warning that hackers accessed their personal information in a recent cyberattack. Keenan is a California-based insurance brokerage and consulting firm with an established presence in the education, healthcare, and public agencies sectors. Since 2017, it has been part of AssuredPartners NL, one of the largest brokerage firms in the U.S. The company submitted a notification to the Office of the Maine Attorney General, warning that 1,509,616 people were impacted by a data breach incident that occurred in the summer of 2023. Want to raise your organizations Cyber Awareness level? For more information please visit https://cywareness.io/  #cyberawareness #cybersecurity #stopransomware BSW Group. CYBERPRO Global CYBERPRO Israel SOTERIO Startup Studio Cympire https://lnkd.in/dE6rVuQw

Equifax anticipates net costs of $200 million related to the data breach incident. This financial impact underscores the importance of robust cybersecurity measures for protecting sensitive information. Equifax is implementing strategies to enhance its security infrastructure and prevent future breaches. Ongoing vigilance and investment in security are critical for safeguarding consumer data. https://lnkd.in/gaiSnmVF #CyberSecurity #DataBreach #Equifax #FinancialImpact #DataProtection #TechNews #SecurityMeasures #ConsumerSafety #InfoSec #CyberThreats #UnderstandingEnterpriseTech #EnterpriseTechnologyNow #EnterpriseTechnologyToday

Paying a ransom is a complex decision that should be accompanied by an holistic risk assessment from the financial, reputational and legal perspective. On the other hand, by paying a ransom, companies are fostering cyber attackers malicious activities by providing financial incentives to avoid personal data exposure.

How you can help cyber clients avoid 'death by a thousand cuts' Ransomware attacks can be devastating to organizations, forcing them to pay enormous sums to secure their data or systems. But there’s another cyber trend that’s drawing concern because of massive payouts: business email compromise (BEC). Read more! #SUMCares #securityUnderwriting #securityunderwritingmanagers #insurance #insuranceagent #insurancebroker #insuranceindustry #insurancebroker #insurancebrokerage #insuranceadvisors #insuranceservices #insurancenews #insuranceagents

Whether it’s a consumer or business cyber-insurance policy, combining the offering with a Cyber Safety solution helps reduce the risk to the insurer and the impact of cybercrime on the customer, whether they are a consumer or a small business. Norton’s Cyber Safety partnership helps to protect online privacy, family and identity, and adds value to the relationship with the customer while reducing risk in consumer & business cyber insurance policies. Its cybersecurity portfolio helps insured customers keep their online information private and avoid phishing and ransomware – particularly important for small businesses. Find more information about Norton here: https://lnkd.in/efrKyTWs #insurtech #insurance #innovation #ITCDIAMUC