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

The Last Watchdog

AUGUST 22, 2019

On one hand, threat actors have already begun exploiting fresh attack vectors, borne of this rising complexity, and, on the other, government authorities and industry standards bodies are insisting on compliance with increasingly cumbersome data-handling security rules.

Digital transformation 120

Digital transformation Compliance Risk Security 120

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. Finally, the regulation includes an annual certification of compliance, to be filed with NYDFS. The second incident occurred in March of 2019.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

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. Additional guidance.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

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 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.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

The Last Watchdog

APRIL 3, 2019

This is, in large part, because the complexity of business networks continues to escalate at a time when compliance mandates are intensifying. I had the chance at RSA 2019 to visit with Mike Kiser, global strategist at SailPoint , an Austin, TX-based supplier of IGA services to discuss this. Compliance matters.

Digital transformation 108

Digital transformation Insurance Compliance Healthcare 108

HL Chronicle of Data Protection

FEBRUARY 25, 2020

Companies should take note of two imminent developments in New York in the area of cybersecurity regulation: enforcement of the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (Regulation) and the effective date of the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act or Act).

Cybersecurity 104

Cybersecurity Financial Services Data breaches Insurance 104

Data Protection Report

FEBRUARY 8, 2022

The latter is the 2019 data security law known as the Stop Hacks and Improve Electronic Data Security (SHIELD) Act. Record retention often plays second-fiddle in data security and privacy compliance programs, but the theft of old, unused personal information is something that regulators can quickly identify. Background. SHIELD Act.

Passwords 98

Passwords Financial Services Authentication Insurance 98

DLA Piper Privacy Matters

FEBRUARY 28, 2022

Most incidents reported originate from the private sector ( 3,667 ), with 2,707 incidents reported from public sector organisations in Ireland such as public sector bodies, banks, insurance and telecom companies. The DPC continued to investigate and assess a number of websites for compliance with ePrivacy Regulations in 2021.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

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 120

Risk Financial Services Insurance Cybersecurity 120

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

Info Source

JULY 6, 2023

They acquire, classify, and convert unstructured and semi-structured information into enhanced usable data for use in business transactions, analytics, records management, discovery, and compliance applications. For example, if your experience as an end customer in an interaction with your bank, insurance carrier, car dealer etc.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

Data Matters

OCTOBER 8, 2020

Treasury’s Financial Crimes Enforcement Network (FinCEN), OFAC is sending a clear signal that making ransomware payments with a sanctions nexus threatens U.S. national security interests and that third-party service providers that facilitate ransomware payments on behalf of a victim must consider and ensure compliance with OFAC regulations.

Ransomware 68

Ransomware Compliance Risk Government 68

Hunton Privacy

APRIL 27, 2017

Earlier this month, the New York State Department of Financial Services (“NYDFS”) recently published FAQs and key dates for its cybersecurity regulation (the “NYDFS Regulation”) for financial institutions that became effective on March 1, 2017. March 1, 2019 – the two year transitional period ends.

Cybersecurity 53

Cybersecurity Compliance Financial Services Insurance 53

Reltio

MARCH 11, 2019

The third Modern Data Management annual summit ( #DataDriven19 ) held on February 26-27 2019 attracted more than 400 business and IT professionals getting together in San Francisco to witness the future of data management, share success stories and learn best practices. Watch a quick video from 2019 summit to get a quick glimpse.

Digital transformation 40

Digital transformation Financial Services Data science Retail 40

Info Source

AUGUST 5, 2019

Aug 5, 2019 – ABBYY , a global leader in Digital IQ technologies and solutions, today announced it has completed the acquisition of TimelinePI , a Philadelphia, Pennsylvania-based developer of a comprehensive process intelligence platform designed to empower users to understand, monitor and optimize any business process. MILPITAS, Calif.,

Digital transformation 40

Digital transformation Mining Artificial Intelligence Marketing 40

Data Matters

SEPTEMBER 24, 2019

The GDPR was designed to harmonize data protection laws across Europe and to protect EU residents’ data privacy rights; and, its coming triggered significant privacy and data protection compliance activities amongst organizations doing business in the EU and working with the personal data of EU residents. Non-Compliance.

Personal data 68

Personal data GDPR Data Privacy Privacy 68

Data Matters

AUGUST 5, 2019

On July 25, 2019, Governor Cuomo signed the two bills into law, one which amended the state’s data breach notification law, and another that created additional obligations for data breaches at credit reporting agencies. 6) adjusts the security program in light of business changes or new circumstances; and. (C)

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

eSecurity Planet

FEBRUARY 16, 2021

This includes active tagging of workloads, threat hunting , and virus assessments, and consistent evaluation of traffic for mission-critical applications, data, or services. CASBs provide added visibility, compliance, data security, and threat protection in securing your data. Utilize a CASB. Rapid Response Testing. Ransomware facts.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Data Matters

FEBRUARY 25, 2021

The FCA has provided new guidance for PIs and EMIs using the “insurance or comparable guarantee” method of safeguarding. This includes a requirement that the insurance policy or comparable guarantee must pay out for the full amount of any claim regardless of how the relevant insolvency event occurs (including if the firm is at fault).

Authentication 68

Authentication Paper Risk Insurance 68

CILIP

JULY 19, 2019

Kevin: So if a senior board level person working in financial services is having conversations on slack or instant messenger, can Preservica help preserve the full spectrum through digital archiving? re looking at compliance and criticality you need to automate that. 2019 buzzwords and trends. Published: 22 July 2019.

Archiving 40

Archiving Records Management GDPR Digital transformation 40

Reltio

MARCH 15, 2019

Manish Sood , CEO & Founder, Reltio fittingly said in the third Modern Data Management summit (aka #DataDriven19) held in 2019, “Sunshine is inherently good and life-giving force. Reltio Data Genius Recipients at #DataDriven19. Sunshine is all around us, as is data. But they turn them into smart business opportunities.

B2B 40

B2B Digital transformation Retail MDM 40

Data Matters

JANUARY 2, 2018

and perhaps even on the model clauses, although ultimate decisions on the merits may easily reach into 2019 or beyond. China’s recent steps follow other countries in imposing new regulatory standards that will authorize intrusive government compliance reviews. The Relentless Rise of Big Data and AI.

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 68

eSecurity Planet

SEPTEMBER 16, 2022

Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution. In its 2021 Threat Force Intelligence Index , IBM reported that manufacturing and financial services were the two industries most at risk for attack, making up 23.2% of attacks IBM handled, respectively. million in losses.

Analytics 113

Analytics Risk Authentication Financial Services 113

HL Chronicle of Data Protection

SEPTEMBER 12, 2018

Our experience to date has confirmed the compliance challenge ahead for organizations that engage with the residents of the world’s fifth-largest economy. We have heard the California Consumer Privacy Act of 2018 (CCPA) called all these things and more since its enactment on June 28, ?2018. provide additional CCPA analyses and reports.

Privacy 40

Privacy Compliance GDPR Data breaches 40

Info Source

MARCH 20, 2019

Irvine, CA, March 20, 2019 – Kofax®, a leading supplier of Intelligent Automation software to automate and digitally transform enterprise business processes, announces the availability of Kofax Robotic Process Automation (RPA) 10.4, Ensured compliance and an enhanced level of customer engagement. Kofax RPA 10.4

Digital transformation 56

Digital transformation Unstructured data Compliance Financial Services 56

Collibra

SEPTEMBER 5, 2019

This summer Dresner Advisory Services ranked Collibra as the number one vendor in their 2019 Data Catalog Study. The industries with the most respondents specifying that data governance is absolutely “critical” were insurance (60%) and retail/wholesale (55%), closely followed by healthcare and financial services. .

Marketing 49

Marketing Analytics Government Financial Services 49

Reltio

APRIL 25, 2019

Blake Morgan , Customer Experience Futurist, makes her point in the Forbes article Five Trends Shaping the Future of Customer Experience In 2019. With integrated workflows to manage customer change requests and data updates, you can efficiently maintain rights and consents to get a faster time to compliance.

Customer Experience 75

Customer Experience Digital transformation B2B B2C 75

Thales Cloud Protection & Licensing

DECEMBER 23, 2019

According to the 2019 Thales Data Threat Report-India Edition , digital transformation is well underway in India, with 41% of Indian respondents saying they are either aggressively disrupting the markets they participate in or embedding digital capabilities that enable greater organizational agility. Complexity is a Barrier to Data Security.

Digital transformation 15

Digital transformation Cloud Encryption Data Privacy 15

eSecurity Planet

JANUARY 11, 2022

Series B Apiiro Security 2019 Tel Aviv, Israel 65 $35.0 Series A BluBracket 2019 Palo Alto, CA 27 $18.5 Series A Cycode 2019 Tel Aviv, Israel 56 $81.0 Series B Open Raven 2019 Los Angeles, CA 45 $19.1 Startup Est Headquarters Staff Funding Funding Type Anvilogic 2019 Palo Alto, CA 34 $14.4 Series B SECURITI.ai

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142

erwin

NOVEMBER 14, 2019

Data Governance Tools for Regulatory Compliance. In the United States, the Health Insurance Portability and Accountability Act (HIPAA) requires organizations in the healthcare space to protect the privacy and security of certain health information. In recent years, hard mandates for data governance also have increased.

Government 105

Government Data breaches Metadata GDPR 105

erwin

NOVEMBER 14, 2019

Data Governance Tools for Regulatory Compliance. In the United States, the Health Insurance Portability and Accountability Act (HIPAA) requires organizations in the healthcare space to protect the privacy and security of certain health information. In recent years, hard mandates for data governance also have increased.

Government 40

Government Data breaches Metadata GDPR 40

Reltio

MARCH 31, 2019

While sharing his outlook at the third Modern Data Management Annual Summit in 2019, Aaron Zornes , Chief Research Officer, The MDM Institute, outlined the capabilities required for the next generation MDM platform. According to him, Graph Technology provides the missing link between domains, data analytics, and IoT.

MDM 40

MDM Digital transformation Analytics Cloud 40