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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.

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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

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.

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Medibank Defends its Security Practices as its Ransomware Woes Worsen

IT Governance

The Australian health insurance giant fell victim to ransomware in October, as a result of which the personal data of 9.7 Health data, by contrast, enables attackers to operate under the radar, typically to commit health insurance fraud. million current and former customers was compromised. The extent of the damage.

IT 107
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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

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.

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GUEST ESSAY: Scammers leverage social media, clever con games to carry out digital exploitation

The Last Watchdog

Exploitation drivers From the case of Hegestratos committing insurance fraud by sinking a ship in 300 B.C., About the essayist : Collin McNulty is a content creator and digital marketer at Digital Forensics , a consultancy that works with law firms, governments, corporations, and private investigators

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6 Tips for Managing eDiscovery for Access Requests for a State or Local Government Organization

eDiscovery Daily

By Catherine Ostheimer Being responsive to the growing number of Access Requests and DSARS as a local government organization can be daunting. Here are tips for managing the eDiscovery side of Access Requests for those working at a state or local government organization: Understand the legal landscape. Educate and train staff.

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6,009,014 MovieBoxPro Accounts Breached in Another Data Scraping Incident

IT Governance

It emerged this week, according to the New York City Department of Education, that data from a further 381,000 students was also compromised in this incident. This week, it turns out at least 191 further Australian organisations, including government entities, were affected by this breach, highlighting the risks of supply chain attacks.