Reltio

JUNE 9, 2022

The insurance industry is facing unprecedented disruption. Insurance carriers have been called to transform customer experience, business offerings, and operations. As an insurer, your current business models are being challenged by new thinking, new competitors, and new ways of working.

Digital transformation 52

Digital transformation Insurance Customer Experience MDM 52

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 Infosource analyst team expects the demand for these devices to remain at a high level in 2022. In 2022, we expect subscription sales to surpass perpetual license sales for the first time.

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 Infosource analyst team expects the demand for these devices to remain at a high level in 2022. In 2022, we expect subscription sales to surpass perpetual license sales for the first time.

Information capture 52

Information capture Marketing Digital transformation Cloud 52

Data Matters

JANUARY 28, 2022

Other government agencies, like the New York Department of Financial Services and the Federal Trade Commission, are also increasingly focused on the need for broad implementation of MFA. Like an incident response plan, MFA has become a critical element of cybersecurity programs.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

OpenText Information Management

JANUARY 19, 2022

2022: The Year of the ISO 20022 Migration Major banks around the world are currently preparing for one of the most anticipated migrations in the financial services industry. The ISO 20022 migration is unlike any standard that has come before it.

Financial Services 62

Financial Services Digital transformation IT Insurance 62

Security Affairs

AUGUST 16, 2023

Other top 4 targeted industries include Manufacturing, Insurance, Technology, and Financial Services seeing 15%, 9%, 7%, and 6% of the campaign traffic respectively.” Experts warn that the Energy sector was a major focus of this campaign, followed by manufacturing, and insurance. ” continues the report.

Phishing 88

Phishing Energy and Utilities Insurance Manufacturing 88

Security Affairs

APRIL 20, 2023

In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security. ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals.

Personal data 97

Personal data Phishing Risk Financial Services 97

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. Read more : Best Third-Party Risk Management Tools of 2022. Also read : Top Governance, Risk, and Compliance (GRC) Tools for 2022. Read more : Top Database Security Solutions for 2022.

Risk 144

Risk Cybersecurity Encryption Access 144

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. Financial Services Sector Focus. million in 2022. ePrivacy Enforcement – Website Cookies & Marketing.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

Data Matters

MARCH 28, 2022

On March 17, 2022, the U.S. 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.

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

KnowBe4

MARCH 28, 2023

users encounter mobile phishing attacks More than 50% of all mobile devices were exposed to a mobile attack in 2022 Why is mobile so prevalent and why are attacks working? doing so in 2022, a 93% increase. I've written quite a few times about specific cyber insurance claim cases that required going to court to settle.

Phishing 88

Phishing Security awareness Insurance Cybersecurity 88

Data Protection Report

NOVEMBER 16, 2022

2022 has been a record year for Illinois Biometric Information Privacy Act (“BIPA”) litigation. Notwithstanding, 2022 has provided much needed insight on questions that will continue to shape BIPA litigation including the extent of coverage, vicarious liability, its territorial scope, when claims accrue, and the statute of limitations.

Financial Services 98

Financial Services Privacy Compliance Insurance 98

Data Protection Report

FEBRUARY 8, 2022

On January 24, 2022, the New York Attorney General (AG) announced a settlement with vision-benefits-provider EyeMed Vision Care, Inc., On January 24, 2022, the New York Attorney General (AG) announced a settlement with vision-benefits-provider EyeMed Vision Care, Inc., In total, information for approximately 2.1 SHIELD Act.

Passwords 98

Passwords Financial Services Authentication Insurance 98

IBM Big Data Hub

MARCH 27, 2024

Substantial repair costs might arise, particularly impacting insurance companies. In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life. The state experienced one of its driest years on record in 2022.

Risk 67

Risk Artificial Intelligence Agriculture Financial Services 67

eSecurity Planet

JUNE 16, 2022

Also read: Best Antivirus Software of 2022. The 2022 SonicWall Cyber Threat Report found that all types of cyberattacks increased in 2021. These new attacks affect everything from private citizens and businesses to government systems; healthcare organizations; public services; and food, water, and fuel supply chains.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 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. EyeMed blocked the threat actor’s access on July 1.

Cybersecurity 52

Cybersecurity Personal data Risk Financial Services 52

Info Source

FEBRUARY 15, 2022

15, 2022 /PRNewswire/ — Nintex, the global standard for process intelligence and automation, announced the company has acquired Kryon , a process discovery innovator and robotic process automation (RPA) leader, to further extend the intelligent process automation (IPA) capabilities of the Nintex Process Platform. BELLEVUE, Wash.,

Financial Services 40

Financial Services Marketing Insurance Government 40

Info Source

FEBRUARY 15, 2022

15, 2022 /PRNewswire/ — Nintex, the global standard for process intelligence and automation, announced the company has acquired Kryon , a process discovery innovator and robotic process automation (RPA) leader, to further extend the intelligent process automation (IPA) capabilities of the Nintex Process Platform. BELLEVUE, Wash.,

Financial Services 40

Financial Services Marketing Insurance Government 40

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

ARMA International

APRIL 18, 2022

Certain sectors, such as banking, financial services, health, and insurance have their own data protection and privacy requirements. Accessed March 13, 2022. Accessed March 3, 2022. Accessed March 13, 2022. Accessed March 3, 2022. 1 General Data Protection Regulation. 2016/679 (EU, April 27).

Personal data 100

Personal data GDPR Privacy Records Management 100

Info Source

JULY 16, 2019

billion in 2022. The retail industry and banking are the biggest spenders on AI in the region, with use cases such as fraud analysis and customer-facing process automation enabling self-service and improving customer experience. The Asian market represents a substantial growth opportunity for ABBYY. and Tech Mahindra.

Customer Experience 40

Customer Experience Financial Services Marketing Retail 40

Info Source

MARCH 6, 2019

The enterprise segment was another growth driver with substantial wins in the financial services, insurance, transportation and logistics, and legal sectors. billion by 2022 according to IDC. ABBYY’s ability to deliver content IQ skills for the new digital workforce was one of the key growth drivers.

Unstructured data 49

Unstructured data Digital transformation Marketing Financial Services 49

eSecurity Planet

SEPTEMBER 16, 2022

PwC’s 2022 Global Economic Crime and Fraud Survey reported that 46% of surveyed organizations experienced corruption, fraud, or other economic crimes in the 24-month survey period. Best Fraud Management Systems & Detection Tools in 2022. Take a look at Top Secure Email Gateway Solutions for 2022. million in losses.

Analytics 113

Analytics Risk Authentication Financial Services 113

Info Source

SEPTEMBER 15, 2023

The growth rates for Capture & IDP software and solutions returned to a double-digit growth, close to pre-pandemic growth rates in 2022. The demand for Capture & IDP solutions in 2022 slowed slightly in North America following a particularly strong year. Sales in Asia recovered after two difficult years caused by the pandemic.

Information capture 52

Information capture Marketing Records Management Customer Experience 52

Info Source

DECEMBER 8, 2023

In our vertical market sizing and analysis, we cover horizontal use cases e.g., accounting, HR management, as well as vertical specific use cases e.g., bank account opening, mortgage processing and insurance claims processing. The Healthcare segment is the third largest sector based on demand for Capture & IDP Solution sales in 2022.

Marketing 40

Marketing Customer Experience Energy and Utilities Digital transformation 40

KnowBe4

FEBRUARY 14, 2023

By Javvad Malik Insurance provider Hiscox has published its fifth annual cyber readiness report, which has some eye-opening statistics. While the likelihood of any organization being targeted by a supply chain compromise attack has risen over time, we saw a notable increase in the second half of 2022," the researchers write.

Phishing 85

Phishing Security awareness Compliance Risk 85

Data Protection Report

JANUARY 30, 2023

educational enrollment or opportunity; e. employment opportunities; f. financial or lending services; g. health-care services; h. housing; or i. insurance. 2022-Ohio-4649 (Ohio Dec. 27, 2022). 21, 2022) (2022 WL 17826875. 22, 2022), 6. b.

Privacy 114

Privacy Cybersecurity Personal data Insurance 114

IT Governance

MARCH 11, 2024

Source (New) Finance USA Yes 3,494 Woodruff Sawyer Source (New) Insurance USA Yes 3,087 Blackburn College Source (New) Education USA Yes 3,039 CAIRE Inc. billion in cyber crime losses in 2023 – a 22% increase on 2022’s figures. Learn more about complying with ISO 27001:2022. New IC3 report: US lost $12.5

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

Data Matters

NOVEMBER 22, 2021

The rule was jointly issued by the Board of Governors of the Federal Reserve (“Board”), the Federal Deposit Insurance Corporation (“FDIC”), and the Office of the Comptroller of the Currency (“OCC”). The agencies note the increasing frequency and severity of cyberattacks on the financial services industry as a key motivator for the rule.

Cybersecurity 117

Cybersecurity Insurance Financial Services Marketing 117

eSecurity Planet

OCTOBER 5, 2021

billion by 2022, spurred largely by growth in e-commerce, the increase in online transactions, network security threats, and legislative compliance. Banking, financial services, and insurance industries constitute the largest share of adopters, with North America leading adoption, according to Orbis Research.

Authentication 104

Authentication Passwords Access Computer and Electronics 104

eSecurity Planet

JANUARY 11, 2022

This article looks at the top 40 cybersecurity startups to watch in 2022 based on their innovations in new and emerging technologies, length of operation, early funding rounds, scalability, and more. Read more: Top Enterprise Network Security Tools for 2022. Also read: Top Endpoint Detection & Response (EDR) Solutions for 2022.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142

Collibra

JANUARY 18, 2022

The financial services industry has had a longstanding tradition of being at the forefront of adopting new technologies. As we look towards 2022, here are three data-driven trends that will continue to shape the industry. The post Three data-driven trends to watch in financial services in 2022 appeared first on Collibra.

Financial Services 52

Financial Services Cloud Artificial Intelligence Government 52

KnowBe4

JUNE 20, 2023

In 2022, they reportedly stole around $1.7 link] [Heads Up] Microsoft Warns Against a Sophisticated Phishing Attack That Targeted Large Banks and Top Financial Organizations Microsoft describes a sophisticated phishing campaign that targeted large financial organizations. Cryptocurrency thefts have hit an all-time high of $3.8

Data breaches 77

Data breaches Phishing Security awareness Ransomware 77

IT Governance

APRIL 29, 2024

Known data breached Discord (via Spy.pet) Source (New) IT services USA Yes 4,186,879,104 Baidu, Inc., The new iteration of the Standard, ISO 27001:2022, isn’t significantly different from ISO 27001:2013, but there are some notable changes. Learn more about complying with ISO 27001:2022. That’s it for this week’s round-up.

Data Privacy 94

Data Privacy Privacy Manufacturing Security 94

KnowBe4

MAY 31, 2023

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. According to the report, the financial services industry as a target has increased by 72% over 2022 and was the single largest target of financial fraud attacks, representing 49% of all such attacks.

Phishing 80

Phishing File names Security awareness Risk 80