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The business value of operating core insurance solutions on the cloud

IBM Big Data Hub

Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.

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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.

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Top 10 Governance, Risk and Compliance (GRC) Vendors

eSecurity Planet

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. Plus, Forrester named it a Leader in its Q1 2020 GRC Wave. See our in-depth look at RSA Archer. LogicManager. Back to top. Riskonnect.

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Developments in Health Privacy and Cybersecurity Policy and Regulation: OCR Issues Cybersecurity Warnings and New Health Data Legislation Is Introduced

Data Matters

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.

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The Week in Cyber Security and Data Privacy: 13 – 19 November 2023

IT Governance

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. An investigation found that there was unauthorised access to its network between 18 and 23 May 2023. Welcome to this week’s round-up of the biggest and most interesting news stories.

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After Springhill: Assessing the Impact of Ransomware Lawsuits

eSecurity Planet

” Nicko died nine months later, on April 16, 2020. ” Cyber Insurance No Longer Reliable. ” Cyber Insurance No Longer Reliable. Perhaps the largest lesson to draw from this case, Crockett said, is to take these threats more seriously and look beyond a simple cost-benefit analysis.

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Best Ransomware Removal and Recovery Services

eSecurity Planet

Estimates vary, but a recent FortiGuard Labs Global Threat Landscape Report found an almost 10-fold increase in ransomware attacks between mid-2020 and mid-2021. Here are the services that stood out in our analysis. Access to a range of ransomware tools tailored to remove specific strains of malware. DataRecovery.