Cybersecurity

New SEC Rule Requires Companies to Report Cyber Incidents, FBI Offers Guidance on Delaying Disclosure

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Starting December 18, 2023, publicly traded companies in the US will be required to disclose material cybersecurity incidents to the Securities and Exchange Commission (SEC). If an organization determines a cyber incident is “material,” the event must be disclosed within four business days. The FBI, working with the Department of Justice, has released guidance for … Read more

Lafourche Medical Group Settles with HHS in First-Ever Phishing Case

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In a landmark move, the U.S. Department of Health and Human Services’ Office for Civil Rights (OCR) announced a settlement with Lafourche Medical Group, a Louisiana-based healthcare provider. This marks the first-ever settlement by OCR regarding a phishing attack under the Health Insurance Portability and Accountability Act (HIPAA). The settlement stems from a 2021 incident … Read more

One in Five Businesses Hit by Cyberattacks, Lacking Preparedness

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A stark new report reveals that a staggering one in five businesses in the United Kingdom have fallen victim to cyberattacks in the past year. This alarming statistic shines a spotlight on the growing threat businesses face from cybercriminals. In a testimonial to our changing times, the research conducted by Aviva found that businesses are … Read more

Chubb Partners with NetSPI to Bolster Cybersecurity Defenses for Policyholders

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To be secure is to be insurable. To be insured is to be secure. In that vein, Chubb has entered into a strategic partnership with NetSPI, a global leader in proactive cybersecurity. The collaboration aims to enhance clients’ cyber-risk profiles by leveraging NetSPI’s technology, offering advanced attack surface management and penetration testing solutions. Chubb customers … Read more

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