Nearly 80% of companies in new survey have had to use their cyber insurance
Source: SC Media
Delinea on Thursday reported that nearly 80% of companies surveyed have had to use their cyber insurance — and more than half have used it multiple times. The result: insurers are pulling back on covering what’s most needed and today, only about 30% of respondents say their cyber insurance policies cover critical incidents such as ransomware, ransom negotiation, and decisions on ransom payments.
Texas Hospital Says Ransomware Breach Affected 500,000
Source: Data Breach Today
A ransomware attack at a Texas hospital that knocked out phone and email systems for weeks is now even worse following OakBend Medical Center's admission that hackers downloaded data from the medical records of up to 500,000 individuals.
Children’s hospital required to improve security in breach settlement
Source: SC Media
A settlement has been reached in the lawsuit filed against Ann & Robert H. Lurie Children’s Hospital of Chicago, filed by parents of patients affected by two data breaches caused by employee wrongdoing.
Anesthesiology Services Firm Faces 5 Class Action Lawsuits
Source: Data Breach Today
At Least 24 Medical Practices, 450,000 Patients Affected By Breach So Far. Proposed class action lawsuits are stacking up against a New York anesthesiology administrative services firm for its July hacking incident that affected about 450,000 patients nationwide.
Vast majority of SMBs are concerned about a ransomware attack on their business
Source: SC Media
OpenText Security Solutions on Monday reported that some 84% of respondents to a small- and mid-sized business (SMB) survey are concerned about a ransomware attack on their business. The report also found that 88% of respondents say they are “concerned” or “extremely concerned” about a broader-based cyberattack on their business, while some 57% are worried about their cybersecurity budgets shrinking amid rising inflation rates.