COVID-19’s Effect on the Data Breach Terrain
The coronavirus pandemic is compelling businesses across all industries to incorporate new and improved cybersecurity measures into their daily activities. A three-month examination from Teiss, a cybersecurity hub, reports that new threats are emerging faster…
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FBI Probes COVID-19 Patient Data Breach
The Federal Bureau of Investigation is surveilling a recent data breach that seized the vital information of coronavirus-positive South Dakota residents. The data breach occurred in June of 2020, and surfaced when a third-party vendor unearthed…
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Why Small and medium-sized enterprises are Expanding Cyber Insurance Budgets
During this time of uncertainty, industries are particularly vulnerable to cyber breaches. Last year alone, ransomware targets forfeited over $1.3 billion to hackers, including high-profile victims like hospitals, airlines and retailers. However, small businesses are…
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Malicious Chrome Extensions Downloaded Millions of Times
Google has deleted scores of fake and malicious Chrome extensions used in a devastating global eavesdropping effort. Identified by Awake Security, the threat was found in 111 of malicious extensions over the last three months….
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401(k) Plan Administrators: Beware of Increasing Identity Fraud
According to Javelin Strategy & Research’s 2020 Identity Fraud Report, digital criminals are targeting the financial services industry and their devastating tactics will negatively impact customers throughout the next 12 months. The study amplifies that…
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Plan Sponsor Cybersecurity Responsibilities
If you are a plan sponsor, you set up retirement plans for your employees. Retirement benefit plan administrators harbor personal information of employees, like social security numbers and email addresses, in myriad electronic records. Plan…
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More State Governments Are Investing in Cyber Insurance
As the threat of cyber-breaches continues to climb, so do the number of establishments adopting cyber-security measures. In 2019, roughly half of state governments across the United States protected their business from impending cyber-attacks with…
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Retirement Plans In Danger From Cyber Attacks
When trying to determine where the next cyber attacker will strike, it’s important to understand what type of information hackers are hungry for. Retirement plans check all of an attacker’s boxes, as benefit plan data…
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Do I Need Cyber Liability Insurance?
In today’s digital climate, hackers are around every corner, waiting for the right moment to swipe your most valuable business and personal assets. Without adequate coverage, your financial account details, social security numbers, and other…
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