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

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 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. SEC Statement and Guidance on Public Company Cybersecurity Disclosures.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Data Matters

JUNE 12, 2020

The ANPR also focuses on critical new technologies such as distributed ledgers and artificial intelligence, asking, for example: “What types of activities related to cryptocurrencies or cryptoassets are financial services companies or bank customers engaged? Comments are due by August 3, 2020.

Artificial Intelligence 68

Artificial Intelligence Blockchain Financial Services Computer and Electronics 68

Security Affairs

SEPTEMBER 1, 2020

“The adversary is particularly interested in exploits related to VPNs and network appliances , including CVE-2019-11510, CVE-2019-19781, and most recently CVE-2020-5902; reliance on exploits such as these lends to an opportunistic operational model.” ” reads the report published by Crowdstrike. ” continues the report.

Access 87

Access Financial Services Retail Insurance 87

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. NSC), relating to violations of three different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2020. NYDFS Cybersecurity Regulation.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

Data Protection Report

FEBRUARY 8, 2022

According to the settlement agreement, the threat actor obtained access to the EyeMed email account on approximately June 24, 2020 and not only obtained access to six years’ worth of information, but also began sending 2,000 phishing emails on July 1. EyeMed blocked the threat actor’s access on July 1. SHIELD Act.

Passwords 98

Passwords Financial Services Authentication Insurance 98

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

eSecurity Planet

AUGUST 9, 2022

GDPR (among other legal requirements in the EU and elsewhere) can expose multinational organizations to hefty financial penalties, additional rules for disclosing data breaches, and increased scrutiny of the adequacy of their data security. Regulatory compliance and data privacy issues have long been an IT security nightmare.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

Data Protection Report

OCTOBER 24, 2022

On October 18, 2022, the New York Department of Financial Services announced a settlement with EyeMed, a licensed life, accident, and health insurer, with respect to a security incident that occurred in 2020. Those emails came to the attention of EyeMed’s IT department and also its customers, who complained.

Cybersecurity 52

Cybersecurity Personal data Risk Financial Services 52

erwin

APRIL 11, 2019

Some suggest the California Consumer Privacy Act (CCPA), which takes effect January 1, 2020, sets a precedent other states will follow by empowering consumers to set limits on how companies can use their personal information. California recently passed a law that gives residents the right to control the data companies collect about them.

GDPR 100

GDPR e-Discovery Compliance Metadata 100

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. NYCRR 500.14(b):

Cybersecurity 85

Cybersecurity Risk Financial Services Insurance 85

Security Affairs

APRIL 8, 2020

“On Saturday 14 March 2020, HMR was subjected to a targeted and sophisticated attack by cyber criminals. “We’re sorry to report that, during 21–23 March 2020, the criminals published on their website records from some of our volunteers’ screening visits. A criminal group called Maze has claimed responsibility.”

Ransomware 102

Ransomware Data breaches Encryption Financial Services 102

KnowBe4

MARCH 28, 2023

back in 2020. When it comes to personal devices, the increase isn't as staggering, but the numbers are still horrible – back in 2020, 14.3% "A leader tasked with cybersecurity can get ahead of the game by understanding where we are in the story of machine learning (ML) as a hacking tool," Tyson writes. "At in exponential terms.

Phishing 86

Phishing Security awareness Insurance Cybersecurity 86

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

JANUARY 21, 2021

Archer was named a Leader in Gartner’s 2020 Magic Quadrant for IT risk management and IT vendor risk management tools. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. Financial reporting compliance. Plus, Forrester named it a Leader in its Q1 2020 GRC Wave. RSA Archer. Back to top. Back to top.

Compliance 67

Compliance Risk Government Retail 67

Info Source

MAY 21, 2020

MAY 21, 2020. a leader in content acquisition and data enrichment solutions, today announced that Alfresco Software , an open source, content services provider, selected Ephesoft as its FY2020 Global Technology Partner of the Year. Go-to-Market Worldwide Technology Partnership Focuses on Cloud Innovation and Improved Customer Success.

Digital transformation 52

Digital transformation Content services Artificial Intelligence Insurance 52

eSecurity Planet

JANUARY 21, 2021

Archer was named a Leader in Gartner’s 2020 Magic Quadrant for IT risk management and IT vendor risk management tools. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. Financial reporting compliance. Plus, Forrester named it a Leader in its Q1 2020 GRC Wave. RSA Archer. Back to top. Back to top.

Compliance 57

Compliance Risk Government Retail 57

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.

Insurance 68

Insurance Paper Risk Analytics 68

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

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 102

Insurance Digital transformation Customer Experience Cloud 102

eSecurity Planet

FEBRUARY 16, 2021

Just in 2020, the SolarWinds hack could’ve been prevented for organizations that promptly patch software. The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware?

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Data Protection Report

APRIL 2, 2020

On March 10, 2020, the New York Department of Financial Services (NYDFS) issued guidance to all of its regulated institutions engaged in virtual currency business activity, requiring them to have plans for preparedness to manage the possible operational and financial risks posed by the COVID-19 pandemic.

Risk 59

Risk Communications Authentication Financial Services 59

Data Matters

OCTOBER 8, 2020

On October 1, 2020, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN), OFAC is sending a clear signal that making ransomware payments with a sanctions nexus threatens U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) published an advisory that highlights the risk of potential U.S.

Ransomware 68

Ransomware Compliance Risk Government 68

Data Matters

FEBRUARY 25, 2021

On January 28, 2021, the UK Financial Conduct Authority (FCA) published Consultation Paper CP21/3 , “Changes to the SCA-RTS and to the guidance in ‘Payment Services and Electronic Money – Our Approach’ and the Perimeter Guidance Manual” (Consultation Paper). its Perimeter Guidance Manual (PERG). Temporary COVID Guidance. Safeguarding.

Authentication 68

Authentication Paper Risk Insurance 68

Info Source

MAY 13, 2020

IT service management. The global survey was sponsored by ABBYY and executed by Opinium Research in March 2020 with organizations across healthcare, financial services, logistics and transportation, and government. Download the State of Process Mining and Robotic Process Automation 2020 global report at [link].

Mining 52

Mining Customer Experience Financial Services Insurance 52

Info Source

FEBRUARY 15, 2022

2020 to deepen its digital process automation (DPA) capabilities and AssureSign in June 2021 to bring native eSignatures to its platform, now marketed as Nintex AssureSign ®. ” Kryon is Nintex’s first acquisition under its new majority investor TPG , and the company’s third acquisition in 16 months.

Financial Services 40

Financial Services Marketing Insurance Government 40

Info Source

FEBRUARY 15, 2022

2020 to deepen its digital process automation (DPA) capabilities and AssureSign in June 2021 to bring native eSignatures to its platform, now marketed as Nintex AssureSign ®. ” Kryon is Nintex’s first acquisition under its new majority investor TPG , and the company’s third acquisition in 16 months.

Financial Services 40

Financial Services Marketing Insurance Government 40

HL Chronicle of Data Protection

MARCH 16, 2020

On Tuesday, 3 March 2020, we welcomed our financial services clients in London to a lively panel event, which covered the multitude of issues which arise in a cybersecurity incident. As a result, it will trigger numerous disclosure obligations to data and financial regulators, to customers and to the market. Peter Marta.

Cybersecurity 59

Cybersecurity Financial Services Risk Insurance 59

Reltio

JANUARY 23, 2020

If your job involves selling or marketing to, servicing, retaining, analyzing or acquiring customers, it is a must read. The Gartner Magic Quadrant for Master Data Management Solutions, 2020 was just published. And in 2020, legacy MDM vendors still do not provide their software as a service (SaaS). Customer experience.

Customer Experience 71

Customer Experience MDM Healthcare Marketing 71

Reltio

MARCH 11, 2019

Speakers represented life sciences, healthcare, manufacturing, retail, consumer goods, financial services, consulting services, and hi-tech. See you at Modern Data Management Summit 2020! Ankur Gupta, Sr. Product Marketing Manager, Reltio. Attendees represented over 200 companies from across the United States.

Digital transformation 40

Digital transformation Financial Services Data science Retail 40

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. Additional guidance.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

ARMA International

APRIL 18, 2022

Certain sectors, such as banking, financial services, health, and insurance have their own data protection and privacy requirements. It is essential that your organization’s records retention schedule is compliant with the data protection requirements in the jurisdictions where your organization operates. 2 DLA Piper.

Personal data 100

Personal data GDPR Privacy Records Management 100

The Last Watchdog

MAY 24, 2021

In 2020, it saw 193 billion credential stuffing attacks globally, with 3.4 billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. Meanwhile, threat actors’ siege on web applications surged 62 percent in 2020 vs. 2019: Akamai observed nearly 6.3

Financial Services 178

Financial Services Passwords Data breaches Authentication 178

Adam Levin

NOVEMBER 17, 2020

And like everything else in 2020, these next few weeks promise to be a disaster. Common schemes include pop-ups advertising free goods or services in exchange for filling out a survey or warnings that your device has been infected. The holiday season is the most wonderful time of the year for scammers. Read a website’s privacy policy.

Retail 97

Retail e-Delivery Passwords Phishing 97

Info Source

OCTOBER 6, 2020

6, 2020 – ABBYY , a Digital Intelligence company, announced today that it has partnered with Alteryx, Inc. We see examples in financial services, insurance, transportation and logistics, healthcare and other industries where gaps in insight can have a huge impact on the customer experience. MILPITAS, Calif.,

Analytics 40

Analytics Digital transformation Mining Data science 40

Info Source

MARCH 16, 2022

For example, when submitting an insurance claim for a damaged item, inputs will be provided through a variety of channels including eforms, fax, scanned documents, voice, or video. As recently as five years ago, Cloud Capture Services made up less than 7% of the global Capture Software market.

Information capture 59

Information capture Marketing Digital transformation Cloud 59