Hunton Privacy

JUNE 9, 2022

515 , making Vermont the twenty-first state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). On May 27, 2022, Vermont Governor Phil Scott signed H.515 Information Security Program Requirements. Enforcement and Penalties Under the Law.

Insurance 107

Insurance Security Information Security Cybersecurity 107

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

Krebs on Security

JULY 23, 2020

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. It employs some 18,000 people and brought in $6.2

Insurance 294

Insurance Financial Services Mining Access 294

Krebs on Security

JUNE 18, 2021

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. NYSE:FAF ] was leaking more than 800 million documents — many containing sensitive financial data — related to real estate transactions dating back 16 years. This week, the U.S. billion last year.

Insurance 275

Insurance Risk Financial Services Mining 275

Security Affairs

AUGUST 7, 2019

The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July.

Insurance 87

Insurance Data breaches Financial Services Passwords 87

The Last Watchdog

MARCH 13, 2019

Melissa was hidden in a weaponized Word document that arrived as an email attachment. This gives you an idea of the steady flow of weaponized email attacks against companies of all sizes and in all sectors, with certain verticals, namely financial services, healthcare companies and tech firms bearing the brunt.

Systems administration 100

Systems administration Financial Services Insurance Security 100

HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Data Protection Report

JUNE 2, 2021

On May 13, 2021, the New York Department of Financial Services (NYDFS) announced a $1.8 million settlement with two related insurance companies, relating to violations of two different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2019. NYDFS Cybersecurity Regulation.

Cybersecurity 71

Cybersecurity Insurance Financial Services Phishing 71

Info Source

JULY 6, 2023

By Petra Beck, Senior Analyst Capture Software We are often faced with questions like: How do we justify an investment in a Capture or Intelligent Document Processing (IDP) solution? These inputs arrive through different channels in different formats, a significant portion often as paper documents. as quickly as possible.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

Krebs on Security

SEPTEMBER 11, 2019

The company that handled that process for MyPayrollHR is a California firm called Cachet Financial Services. On Monday, New York Governor Andrew Cuomo called on the state’s Department of Financial Services to investigate the company’s “sudden and disturbing shutdown.”

Financial Services 279

Financial Services Cloud Insurance IT 279

The Last Watchdog

APRIL 3, 2019

Its customer base is comprised of eight of the top 15 banks, four of the top six healthcare insurance and managed care providers, nine of the top 15 property and casualty insurance providers, five of the top 13 pharmaceutical companies, and 11 of the largest 15 federal agencies. Compliance matters. Public trust must be maintained.

Digital transformation 140

Digital transformation Insurance Compliance Healthcare 140

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. A threat actor gained access to an employee’s document management system account. NYDFS Cybersecurity Regulation. The second incident occurred in March of 2019.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

Security Affairs

APRIL 20, 2023

ICICI Bank leaked millions of records with sensitive data, including financial information and personal documents of the bank’s clients. If malicious actors accessed the exposed data, the company could have faced devastating consequences and put their clients at risk, as financial services are the main target for cybercriminals.

Personal data 97

Personal data Phishing Risk Financial Services 97

Hunton Privacy

JULY 24, 2020

On Wednesday, July 22, the New York Department of Financial Services (the “NYDFS”) announced that it had filed administrative charges against First American Title Insurance Co. under the NYDFS Cybersecurity Regulation , marking the agency’s first enforcement action since the rules went into effect in March 2017.

Cybersecurity 85

Cybersecurity Risk Financial Services Insurance 85

Info Source

JUNE 25, 2019

In this evaluation, Kofax was cited as a “Strong Performer” excelling in document automation. With a focus on customer onboarding in complex and regulatory environments like financial services, mortgage generation and insurance, Kofax offers a comprehensive solution”. .

Digital transformation 53

Digital transformation Financial Services Insurance IT 53

Data Matters

JUNE 24, 2021

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. See CF Disclosure Guidance: Topic No. 2, Cybersecurity (Oct. 14, 2011). 15, 2020).

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

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

Security Affairs

APRIL 8, 2020

“Many of the ID documents we have on file have expired, but if you believe you provided to HMR IDs that are still valid, report these documents as being compromised to the organisation that issued them.” “Consider contacting CIFAS (the UK’s Fraud Prevention Service) to apply for protective registration. .

Ransomware 103

Ransomware Data breaches Encryption Financial Services 103

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

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Documenting and Implementing Procedures. Citrix recommends that organizations have fully documented and implemented procedures for all activities that may create cybersecurity risks.

Risk 137

Risk Cybersecurity Encryption Access 137

Info Source

MAY 21, 2020

Alfresco noted that with the release of new technical and business integrations, Ephesoft extends the Alfresco Digital Business Platform with powerful artificial intelligence and machine learning-driven document capture arena in ways never been done before, supporting an enterprise’s digital transformation.

Digital transformation 52

Digital transformation Content services Artificial Intelligence Insurance 52

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

eSecurity Planet

AUGUST 9, 2022

are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA). Healthcare Data Privacy Laws. Health data and patient data in the U.S.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

IBM Big Data Hub

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

Insurance 105

Insurance Digital transformation Customer Experience Cloud 105

Data Matters

FEBRUARY 25, 2021

The FCA is proposing amendments to: the UK onshored versions of EU technical standards on strong customer authentication (SCA) and common and secure methods of communication (UK SCA-RTS); its Approach Document on Payment Services and Electronic Money (Approach Document); and. its Perimeter Guidance Manual (PERG). Safeguarding.

Authentication 68

Authentication Paper Risk Insurance 68

Info Source

APRIL 25, 2019

It creates a completely new frictionless user experience for all onboarding and data entry scenarios like sign-up, registration, and document input, supports organizations’ digital transformation and robotic process automation (RPA) strategies.

Customer Experience 40

Customer Experience Digital transformation Insurance Financial Services 40

Adam Levin

NOVEMBER 30, 2018

If you prefer a more laid back approach, sign up for free transaction alerts from financial services institutions and credit card companies, or subscribe to a credit and identity monitoring program, 3. Monitor your accounts. Check your credit report every day, keep track of your credit score, review major accounts daily if possible.

Financial Services 66

Financial Services Encryption Passwords Communications 66

Data Matters

AUGUST 24, 2018

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.

Insurance 60

Insurance Big data e-Delivery Risk 60

Adam Levin

SEPTEMBER 5, 2019

Don’t authenticate yourself to anyone unless you are in control of the interaction, don’t over-share on social media, be a good steward of your passwords, safeguard any documents that can be used to hijack your identity, and freeze your credit. Monitor your accounts.

Mining 79

Mining Authentication Financial Services Privacy 79

Hunton Privacy

FEBRUARY 6, 2015

Conducted by the SEC Office of Compliance Inspections and Examinations (“OCIE”) from 2013 through April 2014, the examinations inspected the cybersecurity practices of 57 registered broker-dealers and 49 registered investment advisers through interviews and document reviews.

Cybersecurity 40

Cybersecurity Insurance Financial Services Risk 40

Info Source

APRIL 2, 2019

The new platform can be leveraged by enterprise companies in financial services. and insurance, transportation and logistics, manufacturing, and other industries. document, find specific information, understand the content, and route the document or process the. automation (BPA). Several high-profile.

Artificial Intelligence 40

Artificial Intelligence Digital transformation Insurance Financial Services 40

Shoreline Records Management

AUGUST 21, 2023

HIPAA Compliance In healthcare data management, the Health Insurance Portability and Accountability Act (HIPAA) protects patient privacy and the security of medical records. Documents that have outlived their mandated retention period must be organized and securely disposed of.

Records Management 26

Records Management Paper Compliance Access 26

Data Protection Report

FEBRUARY 8, 2018

February 15, 2018, is quickly approaching and any entity subject to New York’s cybersecurity regulation (23 NYCRR Part 500) must file its first annual certification of compliance with the New York State Department of Financial Services (DFS) by that date.

Cybersecurity 40

Cybersecurity Financial Services Compliance Insurance 40

Info Source

JANUARY 24, 2019

Using Vidado Read, enterprises can turn handwritten or printed materials and data into automation-ready information at a fraction of the typical cost.

Artificial Intelligence 40

Artificial Intelligence Healthcare Marketing Financial Services 40

Everteam

APRIL 2, 2019

ImageFast is an award-winning consulting and technical services company that has been delivering information governance solutions to the insurance and finance markets for over 20 years. “We Spigraph is one of the leading providers of document capture and processing solutions. About Spigraph.

Information governance 40

Information governance Marketing Government Digital transformation 40

Info Source

MARCH 16, 2022

At the beginning of the year, I wrote out a list of predictions for 2022 and shared them on LinkedIn (and in Document Imaging Report ). 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.

Information capture 59

Information capture Marketing Digital transformation Cloud 59

Info Source

MARCH 16, 2022

At the beginning of the year, I wrote out a list of predictions for 2022 and shared them on LinkedIn (and in Document Imaging Report ). 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.

Information capture 52

Information capture Marketing Digital transformation Cloud 52