Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

Insurance 70

Insurance Cybersecurity Risk Education 70

IT Governance

NOVEMBER 13, 2023

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Some patients also had their Social Security numbers exposed.” Welcome to this week’s round-up of the biggest and most interesting news stories. Approximately 1.3 Records breached: 1.3

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

Info Source

DECEMBER 8, 2023

In our vertical market sizing and analysis, we cover horizontal use cases e.g., accounting, HR management, as well as vertical specific use cases e.g., bank account opening, mortgage processing and insurance claims processing. The major Capture & IDP use cases in the Insurance sector also relate to Case Management.

Marketing 40

Marketing Customer Experience Energy and Utilities Digital transformation 40

IT Governance

MARCH 11, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Source (New) Transport USA Yes 3,815 Okta Source 1 ; source 2 (Update) Cyber security USA Yes 3,800 Shah Dixit & Associates, P.C.

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

IT Governance

JANUARY 23, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Source (New) Cyber security India Yes 54 GB Arden Claims Service Source (New) Finance USA Yes 50,032 Ashford Inc. VF Corporation confirms 35.5 million customers’ data.

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

IT Governance

JANUARY 16, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. GB Rebekah Children’s Services Source (New) Non-profit USA Yes 2,805 Butte School District Source 1 ; source 2 (Update) Education USA Yes 2,658 Dignity Health Nevada St.

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

eSecurity Planet

JUNE 27, 2023

Security information and event management (SIEM) systems only have detections for 24 percent of the 196 techniques in MITRE ATT&CK v13, according to a new report. “This implies that adversaries can execute around 150 different techniques that will be undetected by the SIEM,” says the CardinalOps report.

Metadata 107

Metadata Financial Services Insurance Manufacturing 107

IT Governance

FEBRUARY 21, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Date breached: 384,658,212 records. North Hill Home Health Care, Inc.,

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

The Last Watchdog

JUNE 7, 2021

It’s time to take steps to democratize data and fortunately there are examples of what this looks like in other industries that show how competing security outfits can link arms and still remain competitive. Teeming with shared, actionable data is the financial services industry. Why can’t we be friends?

Cybersecurity 168

Cybersecurity Financial Services Privacy Insurance 168

eSecurity Planet

SEPTEMBER 16, 2022

Also called “fraud prevention tools,” these solutions are designed to enhance and aid in the analysis, detection, and management of fraud and other illicit activities across all aspects of a business. In our analysis and review of the fraud prevention, detection and management market, a number of providers stood out.

Analytics 111

Analytics Risk Authentication Financial Services 111

Info Source

JULY 6, 2023

For example, if your experience as an end customer in an interaction with your bank, insurance carrier, car dealer etc. t starts with the prospect, who has researched alternatives based on her/his specific needs selecting a financial services provider and type of loan and submitting a request. as quickly as possible.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

AIIM

OCTOBER 15, 2018

Hence the concept of electronic identification and trust services ( eIDAS ) as defined in EU regulation 910/2014 is centered around trust and security and certificate-based signing. Go for a holistic four-dimensional requirements analysis. Millennials or Generation X).

Compliance 109

Compliance Insurance Digital transformation Authentication 109

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

eSecurity Planet

AUGUST 13, 2021

Since the inception of data forensics almost forty years ago, methods for investigating security events have given way to a market of vendors and tools offering digital forensics software (DFS). Critical capabilities include timeline analysis, hash filtering, file and folder flagging, and multimedia extraction. Volatility.

e-Discovery 138

e-Discovery Computer and Electronics Marketing Compliance 138

Data Matters

MARCH 28, 2022

Department of Health and Human Service’s Office for Civil Rights (“OCR”) issued industry guidance for Health Insurance Portability and Accountability Act (“HIPAA”) regulated entities to take preventative steps to protect against some of the more common, and often successful, cyber-attack techniques. On March 17, 2022, the U.S.

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS).

GDPR 100

GDPR e-Discovery Compliance Metadata 100

Data Matters

AUGUST 17, 2021

The Guidance is not intended to serve as a comprehensive framework but rather provides financial institutions with examples of effective risk management practices without endorsing any specific information security framework or standard. inventory of digital banking services and customers. identification of high-risk users.

Authentication 88

Authentication Access Risk Financial Services 88

Data Matters

DECEMBER 28, 2020

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Insurance groups will be exempt from filing a GCC if. groups to non-U.S.

Insurance 68

Insurance Paper Risk Analytics 68

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Cyberattack Statistics. Other methods.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Data Matters

SEPTEMBER 4, 2019

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

Insurance 68

Insurance Paper Risk Analytics 68

Data Matters

DECEMBER 23, 2020

Federal Deposit Insurance Corporation (FDIC) approved and the federal banking agencies jointly announced on December 18 a notice of proposed rulemaking, Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers (NPR). On December 15, 2020, the U.S.

Security 68

Security Cybersecurity Insurance Communications 68

IBM Big Data Hub

FEBRUARY 14, 2024

Customer-facing AI use cases Deliver superior customer service Customers can now be assisted in real time with conversational AI. Voice-based queries use natural language processing (NLP) and sentiment analysis for speech recognition so their conversations can begin immediately.

Artificial Intelligence 85

Artificial Intelligence Retail Unstructured data Insurance 85

Hunton Privacy

FEBRUARY 6, 2015

On February 3, 2015, the Securities and Exchange Commission (“SEC”) released a Risk Alert , entitled Cybersecurity Examination Sweep Summary, summarizing observations from the recent round of cybersecurity examinations of registered broker-dealers and investment advisers under the Cybersecurity Examination Initiative.

Cybersecurity 40

Cybersecurity Insurance Financial Services Risk 40

Thales Cloud Protection & Licensing

JULY 9, 2018

Individuals and businesses need to combat these threats to secure their own assets and reputations as well as to comply with increasingly numerous and rigorous regulations, such as the EU’s now active General Data Protection Regulation (GDPR). Financial Services. Human Resources.

Digital transformation 75

Digital transformation Financial Services Encryption Insurance 75

eSecurity Planet

JANUARY 11, 2022

Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. With evolving attack methodologies due to machine learning, quantum computing, and sophisticated nation-state hackers, security startups are receiving record funding.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Raising awareness about ransomware is a baseline security measure. As training sessions have little influence over staff for every potential attack, it makes added security more imperative.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Data Protection Report

JANUARY 7, 2019

The two-year transitional period under the New York State Department of Financial Services (“DFS””) Cybersecurity Regulation , 23 NYCRR 500 (the “Regulation”), will expire on March 1, 2019, with the final remaining requirement becoming effective. Third-party service provider risk management program.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

IBM Big Data Hub

FEBRUARY 23, 2024

In addition, ML techniques power tasks like speech recognition, text classification, sentiment analysis and entity recognition. When incorporating speech recognition, sentiment analysis and dialogue management, conversational AI can respond more accurately to customer needs.

Analytics 100

Analytics Artificial Intelligence Marketing Education 100

Data Matters

FEBRUARY 25, 2021

This follows the FCA’s announcement in its 2020-21 business plan that payment services were one of its main supervisory priorities 1 and its temporary guidance of July 9, 2020, on prudential risk management and safeguarding in light of the COVID-19 pandemic ( Temporary COVID Guidance ). Transaction risk analysis.

Authentication 68

Authentication Paper Risk Insurance 68

Security Affairs

DECEMBER 22, 2020

Security experts shared lists of organizations that were infected with the SolarWinds Sunburst backdoor after decoding the DGA mechanism. Security experts started analyzing the DGA mechanism used by threat actors behind the SolarWinds hack to control the Sunburst / Solarigate backdoor and published the list of targeted organizations.

Communications 136

Communications Manufacturing Financial Services Insurance 136

DLA Piper Privacy Matters

SEPTEMBER 29, 2017

In particular, the AU-054 does not cover fraud prevention systems implemented by insurance, capitalization, reassurance, assistance companies or insurance brokers CMF (these companies must refer to Single Authorization No. 311-2 of the Code Monétaire et Financier. . Parent companies of financing companies.

Personal data 40

Personal data Financial Services Risk Insurance 40

eSecurity Planet

JANUARY 21, 2021

It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. IT governance and security.

Compliance 64

Compliance Risk Government Retail 64

Data Matters

NOVEMBER 2, 2021

We will also discuss a developing range of services referred to as digital asset “prime brokerage” — describing the suite of services typically provided by these prime brokers and comparing them to traditional offerings of prime brokers in the securities space.

Blockchain 88

Blockchain Marketing Access Risk 88

IGI

MAY 1, 2018

The experience of Ameritas Life Insurance Corp., The insurance company was already reviewing its information governance processes before New York Department of Financial Services introduced new regulatory standards in March 2017. When executed intelligently, IG can make a significant contribution to the bottom line.

Information governance 20

Information governance Government Records Management Insurance 20

eSecurity Planet

JANUARY 21, 2021

It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. IT governance and security.

Compliance 56

Compliance Risk Government Retail 56

KnowBe4

JUNE 20, 2023

According to Chainalysis, a blockchain analysis firm, there has been a significant increase in the amount of stolen assets by North Korea-backed hackers. The recent information exposes the increasing dangers in the world of cryptocurrency and the urgent requirement for more robust security measures.

Data breaches 74

Data breaches Phishing Security awareness Ransomware 74

Info Source

MARCH 16, 2022

The analysis of shipments of Document Scanners and Multi-Functional Peripherals reveals a shift towards lower end devices due to increased demand from home office workers since the start of the pandemic. Sentiment analysis takes customer support to a whole different level. In future we expect an even higher level of digital inputs.

Information capture 59

Information capture Marketing Digital transformation Cloud 59