Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Data Matters

FEBRUARY 11, 2019

On December 28, 2018, Michigan adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law in the form of Michigan H.B. The Act defines licensees as persons authorized, registered, or licensed under Michigan insurance laws or required to be so. 6491 (Act). MCL § 500.550.

Insurance 68

Insurance Security Cybersecurity FOIA 68

Data Matters

JULY 30, 2018

In October 2017, the National Association of Insurance Commissioners (NAIC) adopted an Insurance Data Security Model Law. On May 3, 2018, South Carolina became the first state to enact this Model Law, in the form of the South Carolina Insurance Data Security Act (H.B. See CT Gen Stat § 38a-999b (2015) ; 23 NYCRR 500.

Insurance 60

Insurance Security Cybersecurity Data breaches 60

Hunton Privacy

NOVEMBER 8, 2023

Our previous blog post covered key proposed changes to the Cyber Regulation. The NYDFS, which regulates financial institutions including insurance companies, mortgage brokers and banks, adopted the original Cybersecurity Regulation in 2017. Specific compliance dates can be found on the NYDFS Cybersecurity Resource Center website.

Cybersecurity 72

Cybersecurity IT Compliance Financial Services 72

IT Governance

JULY 15, 2019

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures. Document an incident response plan.

Insurance 89

Insurance Data breaches Risk Information Security 89

Data Matters

AUGUST 27, 2020

Department of Health and Human Services, Office for Civil Rights (“OCR”) has settled three cases related to alleged violations of the Health Insurance Portability and Accountability Act (“HIPAA”), totaling $1,165,000. The post OCR 2020 Settlements Target HIPAA Security Rule Non-Compliance appeared first on Data Matters Privacy Blog.

Compliance 68

Compliance Security Risk Encryption 68

Data Matters

AUGUST 23, 2018

On 21 August 2018, the Dutch Supervisor Authority announced that it had conducted an investigation into the designation of a Data Protection Officer (DPO) under the General Data Protection Regulation (GDPR) by 91 hospitals and 33 healthcare insurers in the Netherlands. They will also be expected to implement the necessary compliance measures.

GDPR 60

GDPR Compliance Insurance Communications 60

Data Matters

FEBRUARY 20, 2019

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance. Unlawful Discrimination.

Insurance 68

Insurance Financial Services Compliance Retail 68

Thales Cloud Protection & Licensing

MARCH 6, 2018

Every year, new regulations and compliance orders come into play that impact businesses across the world. My colleague Vikram Ramesh blogs more about Australia’s privacy amendment act here. Thales’ Jim DeLorenzo explains more about POPI in this blog post. Jim DeLorenzo also blogs about DEFCON 658 here.

Compliance 88

Compliance GDPR Encryption Data Privacy 88

The Last Watchdog

MARCH 13, 2023

In other words, they shouldn’t detail how cybersecurity spending drives revenue and that cuts to the security program directly affect relationships and requirements with three key constituencies: customers, insurers, and regulators. Ultimately, cybersecurity can become a profit center when customers, insurers, and regulators require it.

Security 204

Security Insurance Cybersecurity Customer Experience 204

CGI

DECEMBER 7, 2017

Insurers’ top trends and priorities: A look at the 2017 CGI Client Global Insights (part 2). In my previous blog , I introduced findings from in-person interviews CGI held in 2017 with more than 1,300 client executives across 17 countries, including insurance business and IT executives. Thu, 12/07/2017 - 15:43.

Insurance 40

Insurance Digital transformation Artificial Intelligence GDPR 40

CGI

DECEMBER 5, 2017

Insurers’ top trends and priorities: A look at the 2017 CGI Client Global Insights (part 2). In my previous blog , I introduced findings from in-person interviews CGI held in 2017 with more than 1,300 client executives across 17 countries, including insurance business and IT executives. Tue, 12/05/2017 - 17:24.

Insurance 40

Insurance Digital transformation Artificial Intelligence GDPR 40

Data Matters

FEBRUARY 7, 2018

Companies that are subject to New York’s Cybersecurity Regulation are moving quickly to finalize their compliance obligations under the Cybersecurity Regulation, as the second “due date” quickly approaches – February 15, 2018.

Compliance 60

Compliance Cybersecurity Information Security Privacy 60

IT Governance

JANUARY 30, 2019

May 2018 brought a whirlwind of panic as organisations rushed to meet the compliance deadline, but it was followed by months of unnerving silence. In this blog, we recap the essentials of compliance, explaining how the Regulation works, who it applies to and how you can avoid the same mistakes that Google made. The basics.

GDPR 86

GDPR Compliance Personal data Data breaches 86

Thales Cloud Protection & Licensing

JANUARY 16, 2024

That includes banks, insurances, payment institutions, stock market, and many financial management firms (trading, crypt-assets, etc). Non-compliance can lead to administrative penalties and remedial measures defined by supervisory authorities, as well as possible criminal penalties. What is the scope of DORA?

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

CGI

DECEMBER 7, 2017

Insurers’ top trends and priorities: A look at CGI’s 2017 Voice of Our Clients findings (part 1). This year, we conducted in-person interviews with more than 1,300 client executives across 17 countries, including insurance business and IT executives. Meeting and optimizing regulatory compliance (70%). p.butler@cgi.com.

Insurance 40

Insurance Digital transformation Blockchain Retail 40

IT Governance

OCTOBER 11, 2022

Whether they’re taking small steps, such as installing antivirus software, or large ones, such as a GDPR (General Data Protection Regulation) compliance campaign, they consider it ‘job done’ when the implementation project is complete. Why Cyber Insurance is Essential in 2022. How we can help.

Risk 124

Risk GDPR Information Security Personal data 124

OpenText Information Management

OCTOBER 18, 2022

It’s an essential part of enterprise communications for industries like healthcare, law, insurance and financial services. OpenTextTM is helping many organizations modernize their … The post The future of fax matters appeared first on OpenText Blogs. But fax in 2022 is far from a punch line.

Insurance 57

Insurance Financial Services Communications IT 57

CGI

JULY 31, 2017

Insurers’ top trends and priorities: A look at CGI’s 2017 Voice of Our Clients findings (part 1). This year, we conducted in-person interviews with more than 1,300 client executives across 17 countries, including insurance business and IT executives. Meeting and optimizing regulatory compliance (70%). harini.kottees….

Insurance 40

Insurance Digital transformation Blockchain Retail 40

Daymark

DECEMBER 5, 2023

This blog outlines several high-level calls to action that CISOs and their stakeholders should consider as they work through their cyber risk strategy and their cyber and/or directors and officers ( D&O) insurance renewals. There is a lot going on with all the recent SEC and cyber headlines, so let’s break it down piece by piece.

Insurance 62

Insurance Cybersecurity Risk Information Security 62

IT Governance

FEBRUARY 22, 2022

In this blog, we explain how you can create such a system and the benefits of doing so. Information security management standards and compliance. In many cases, information security management is not simply a recommendation but a compliance requirement. appeared first on IT Governance UK Blog. Download now.

Information Security 138

Information Security Security Data breaches Risk 138

IBM Big Data Hub

JANUARY 16, 2024

In this blog we’ll breakdown trends likely to come out of these major technological advancements plus other trends including sustainability, cybersecurity and the return of crypto. One example of this is in insurance. It’s important to recognize that hybrid cloud by default is different than hybrid cloud by design.

Financial Services 52

Financial Services Customer Experience Cloud Digital transformation 52

IBM Big Data Hub

DECEMBER 8, 2023

Compliance risk: When an organization violates rules both internal and external, putting its reputation or finances at risk. Legal risk: This is a compliance risk that involves the organization breaking government rules, resulting in a risk of financial and reputational loss.

Risk 79

Risk Compliance Insurance IT 79

The Last Watchdog

OCTOBER 5, 2023

Here is Erin’s Q&A column, which originally went live on OneRep’s well-done blog.) For the first expert interview on our blog, we welcomed Pulitzer-winning investigative reporter Byron V. Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies?

Cybersecurity 204

Cybersecurity Privacy Cloud IoT 204

Info Source

JUNE 7, 2023

Fresneda: The biggest one, at least in the United States right now, is clearly insurance. If I’m an insurance company, I have to spread my risks. Now all of this “other stuff” can run through AI and machine learning (ML) to handle a lot of the problems that insurance companies and banks face around the world.

Insurance 52

Insurance Marketing Customer Experience Compliance 52

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). employees).

GDPR 100

GDPR e-Discovery Compliance Metadata 100

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78

IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Read to learn more about cloud adoption within financial services?

Cloud 85

Cloud Financial Services Risk Business Services 85

KnowBe4

DECEMBER 6, 2022

Roger covers these three scams in a short [VIDEO] and in detail on the KnowBe4 blog: You Need to Pay a Bill Using Gift Cards. Blog post with 2:13 [VIDEO] and links you can share with your users and family: [link]. Blog post with links: [link]. Blog post with links: [link]. Maliciously Modified Gift Cards in Stores.

Security awareness 92

Security awareness Phishing Risk Insurance 92

eDiscovery Daily

SEPTEMBER 11, 2018

Farmers Insurance Exchange, No. In this Telephone Consumer Protection Act (TCPA) case, the plaintiff alleged that, at the direction of the defendant insurance companies, non-party Farmers Insurance agents James Lohse and Joe Ridgway sent text messages to her without her consent, in violation of the TCPA. In Gould v.

Insurance 34

Insurance Authentication Education Compliance 34

IBM Big Data Hub

APRIL 24, 2024

Examples of data privacy laws Compliance with relevant regulations is the foundation of many data privacy efforts. Learn how IBM OpenPages Data Privacy Management can improve compliance accuracy and reduce audit time. Examples of data privacy principles and practices Privacy compliance is only the beginning.

Data Privacy 94

Data Privacy Privacy GDPR Personal data 94

Data Matters

APRIL 20, 2021

DOL guidance provides a series of questions that should serve as a starting point for this review and includes topics such as the service provider’s information security standards, track record, cybersecurity insurance coverage, and cybersecurity validation techniques.

Cybersecurity 68

Cybersecurity Insurance Risk Compliance 68

Reltio

MAY 12, 2020

Data innovators investigate how to power real-time operations across digital and human touchpoints at scale, and to simplify compliance and consent management at scale. For more on this topic, check out this blog, Say Goodbye to Legacy MDM, Say Hello to Connected Customer Data. hyper-personalization at scale. digital innovation.

Customer Experience 98

Customer Experience MDM Compliance Insurance 98

CGI

JANUARY 11, 2019

I thought it was about time we had a ‘glass half full’ perspective on Brexit, as too many Insurers are focussing on downsides at the expense of the opportunities. Wherever Brexit ends up, it will be a big challenge for UK Insurers, like distributed ledger or big data, as it threatens our ability to conduct business across the EU.

Insurance 40

Insurance Marketing Big data Compliance 40

OpenText Information Management

MAY 23, 2022

Some financial institutions are attempting to quickly move through the implementation phase, check the compliance box, and move onto other strategic projects.

Compliance 62

Compliance Access IT Insurance 62

Thales Cloud Protection & Licensing

DECEMBER 22, 2020

Traditionally, privacy has taken the form of a policy document created, housed, and referenced by the offices of general counsel and compliance at most organizations. Data privacy is not a check-the-box compliance or security item. Multinationals are uniquely impacted by these compliance regulations. In the Dec.

Data Privacy 118

Data Privacy Privacy Security Encryption 118

Data Matters

DECEMBER 1, 2021

Concurrently, the OCC , the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (the Agencies) released a joint statement alerting the industry of their intent to provide additional guidance in the coming months concerning certain activities related to cryptoassets conducted by banking organizations.

Compliance 88

Compliance Risk Insurance Sales 88