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Why Cyber Insurance is Essential in 2022

IT Governance

One of the most common ways to mitigate the risk of a cyber security incident is cyber insurance. These activities aren’t typically included in standard business insurance policies, which tend to only cover costs related to technical issues, such as corrupted hard drives and lost devices. The benefits of cyber insurance.

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U.S. Treasury Department Seeks Public Comment On Potential Federal Cyber Insurance Program

Data Matters

Treasury Department is seeking public comment on the need and scope for a potential federal insurance response to catastrophic cyber incidents, akin to the one put in place for terrorism insurance after the attacks of September 11, 2001. The request, published by the Federal Insurance Office (FIO) in the U.S. Background.

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Data Protection in Financial Services Week 2022

Data Matters

Join us from February 28 – March 3 for DPFS Week 2022 , a series of webinars looking at the impacts of data privacy across the financial sector. How to deal with and manage the key issues for 2022, such as AI, data governance, and international transfers. Ari Redbord, Head of Legal and Government Affairs, TRM Labs.

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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group expects to expose an initial draft of the white paper in advance of the Fall 2022 Meeting. 1. NAIC to Develop New Privacy Model Law. 26R — Bonds (SSAP No.

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List of data breaches and cyber attacks in March 2022 – 3.99 million records breached

IT Governance

That brings the total number of breached records in the first quarter of 2022 to 75,099,482. We’ll be providing more stats from Q1 2022 in our quarterly review of cyber security incidents, which will be published on our website in the coming days. If you’re facing a cyber security disaster, IT Governance is here to help.

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List of Data Breaches and Cyber Attacks in October 2022 – 9.9 Million Records Breached

IT Governance

Welcome to our October 2022 review of data breaches and cyber attacks. If you’re facing a cyber security disaster, IT Governance is here to help. We identified 102 security incidents throughout the month, which is the second largest figure so far this year – trailing only August (112).

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Delivering business value for insurance companies

Collibra

Recapping a discussion moderated by Stijn Christiaens and featuring insurance data experts from Deloitte UK . Insurance is a data-intensive business. Insurance companies need data to better assess risks and price policies competitively, but also profitably. Data governance holds key to cloud migration.