Keyword
personal information
How to get Canadian policyholders to share their personal information
March 22, 2019 by Jason ContantNearly half of Canadian consumers would be willing to share “significant personal information,” such as location data and lifestyle information, with their insurer or bank in exchange for lower pricing on products and services, according to a new report from…
Fraud survey reveals Canadians’ fears about safety of personal information
March 7, 2018 by Jason ContantNearly four in 10 (39%) of Canadians fear that their personal information has been compromised. The annual fraud survey, released on Wednesday, was commissioned by the Chartered Professional Accountants of Canada and conducted last month. Three-quarters (76%) of 1,000 Canadians…
Uber isn’t saying how many Canadians were affected by year-old hack
November 22, 2017 The Canadian Press (CPSTF)TORONTO – Privacy advocates are raising alarms at Uber’s reluctance to disclose a year-old security breach that saw hackers steal the personal information of millions of customers around the world. Uber admitted Monday that hackers stole names, email addresses and…
Federal privacy commissioner asks Equifax for information on affected Canadians
September 13, 2017 by Canadian UnderwriterThe Office of the Privacy Commissioner of Canada (OPC) announced on Tuesday that it has “advised Equifax to provide information to affected Canadians as soon as possible” following last week’s data breach that affected an estimated 143 million people in…
Insurers increasingly concerned about “silent cyber” exposure: Willis Re poll
September 12, 2017 by Canadian UnderwriterAbout half of polled insurance industry practitioners see the risk of “silent cyber” exposure – potential cyber-related losses due to silent coverage from insurance policies not specifically designed to cover cyber risk – as growing over the coming year, according…
Equifax says U.S.-focused theft of data touched ‘certain’ Canadian residents
September 8, 2017 The Canadian Press (CPSTF)TORONTO – Credit monitoring company Equifax says that it will work with regulators in Canada and the United Kingdom to determine the appropriate steps following a lapse in cyber security that’s affecting about 143 million people in the United States.…
Ransomware attacks continue to rise, but accidental data breaches remain a major cause of loss: Beazley
August 1, 2017 by Canadian UnderwriterRansomware attacks continued their rise in the first half of 2017, up by 50% over the first half of 2016, but accidental breaches continue to be a major problem and account for 30% of breaches overall, specialist insurer Beazley reported…
Misconfigured cloud-based file repository exposes personal information of as many as 14 million U.S. Verizon customers
July 14, 2017 by Canadian UnderwriterA “misconfigured cloud-based file repository” exposed the names, addresses, account details and account personal identification numbers (PINs) of as many as 14 million U.S. customers of telecommunications carrier Verizon, according to a recent blog from computer security company UpGuard. The…
Bank of Canada warns of cyberattack vulnerabilities in financial sector
June 13, 2017 Mike Blanchfield and Jim Bronskill - THE CANADIAN PRESSOTTAWA – Canada’s interconnected banks are vulnerable to a cascading series of cyberattacks that could undermine broad confidence in the financial system, the Bank of Canada warns. The structural vulnerability could allow for the easy spread of an initial attack…
Generali Global Assistance launches identity protection platform in Canada
June 7, 2017 by Canadian UnderwriterGenerali Global Assistance (GGA), part of the Generali Group, announced on Tuesday that its proprietary identity protection platform is now available for the Canadian marketplace. The offering provides an integrated approach to the four pillars of identity protection: prevention, monitoring,…
Biggest risk with mass email theft is phishing, malware distribution, NuData Security says following Bell Canada hack
May 17, 2017 by Canadian UnderwriterThe biggest risk with mass email theft is phishing and malware distribution, the vice president of business development with Vancouver-based NuData Security said in a statement on Wednesday, two days after Bell Canada confirmed an “illegal access” of customer information.…
New phishing scams aimed at accessing direct deposit funds emerging: Beazley
April 25, 2017 by Canadian UnderwriterPhishing scams aimed at accessing direct deposit funds have emerged as a new danger in 2017, specialist insurer Beazley said on Tuesday. Phishing scams aimed at accessing specific employee tax information were a continuing threat, representing 9% of all breaches…