In the wake of the Change Healthcare cyberattack, a U.S. senator has introduced legislation allowing for advance and accelerated payment to impacted health care providers who, along with their vendors, meet minimum cybersecurity standards.
Tag: cyber insurance
U.S. Warns Hackers Are Carrying Out Attacks on Water Systems
The U.S. government is warning state governors that foreign hackers are carrying out disruptive cyberattacks against water and sewage systems throughout the country.
Change Healthcare Rival Onboards Hundreds of Thousands of Customers During Hack Crisis
After a cyberattack on Change Healthcare forced its systems offline last month, clinicians and insurers aren’t the only ones affected. The healthcare tech group’s rivals have had to pivot at short notice to handle a massive jump in customers.
Why Are Data Breaches Still Rising Amid Increased Cybersecurity?
Organizations are spending more money than ever on cybersecurity—an estimated $188 billion globally in 2023, a figure expected to grow to almost $215 billion in 2024—yet hackers always seem to stay a step ahead.
As Boards Focus More on Cybersecurity, Are They Missing One of the Biggest Threats?
Board members are taking on more responsibility for cybersecurity strategy at the companies they oversee. But they might be overlooking one of the organization’s biggest vulnerabilities: themselves.
MGM Resorts Says Regulators Probing September Cyberattack
MGM Resorts International disclosed that state and federal regulators were probing a cyberattack on its systems that took place in September and caused a $100 million hit to the company’s third-quarter results.
WTW Launches Tailored Cyber Insurance Solution for SMEs
The challenge of obtaining suitable and affordable coverage is eased with SMEs’ access to cyber solutions from WTW, a leading global advisory, broking, and solutions company.
Looking Ahead: Declining Cyber Premiums, the Return of Ransomware, and New SEC Regulations
Woodruff Sawyer’s “2024 Cyber Looking Ahead Guide” covers the decline in pricing, cyber warfare, new SEC regulations, the emergence of personal liability for CISOs and AI’s impact on cyber risk.
Fidelity National Financial Says Hackers Stole Data on 1.3M Customers
Real estate services giant Fidelity National Financial has confirmed hackers stole data on 1.3 million of its customers during a November cyberattack that knocked the company offline for a week.
Another Corewell Health Data Breach Impacts More Than 1 Million Patients
For the second time in just a few months, Corewell Health patients in Southeast Michigan may have had their medical information exposed in a data breach.