2024 Financial Services Insurance IT 
IBM Big Data Hub
JANUARY 16, 2024
The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. One example of this is in insurance.
Data Protection Report
FEBRUARY 2, 2024
On January 17, 2024 the New York Department of Financial Services (“NYDFS”) published a Proposed Insurance Circular Letter (“Proposed Circular”) regarding the use of artificial intelligence systems (“AIS”) and external consumer data and information sources (“ECDIS”) in insurance underwriting and pricing.
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Thales Cloud Protection & Licensing
JANUARY 16, 2024
Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.
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.
Hunton Privacy
NOVEMBER 8, 2023
On November 1, 2023, New York Governor Hochul announced that the New York State Department of Financial Services (“NYDFS”) amended its Cybersecurity Regulation applicable to covered financial institutions. Regulated entities generally have until April 29, 2024 to comply with the amended Regulation.
Reltio
FEBRUARY 22, 2024
We unveiled the velocity packs in February, featuring pre-built connectors and smooth integrations to speed deployment for clients in sectors like healthcare, financial services, and insurance. As measured by revenue, as of 2024. Reltio now proudly serves all of the Top 10 Pharmaceutical companies in the world.¹
IT Governance
FEBRUARY 21, 2024
In January 2024, it identified more potential victims, and has now written to inform them that their personal data may have been compromised in the incident. Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Date breached: 384,658,212 records. ALPHV/BlackCat ransomware gang adds 2.7
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