Thales Cloud Protection & Licensing

MAY 26, 2023

CIAM in insurance: A unified, secure user experience with a single login madhav Fri, 05/26/2023 - 07:33 In recent years, the insurance industry has transformed from a singularly focused entity to a multi-brand or multi-service type of business. Adding value to the user experience (a top priority for 59% of insurers) 2.

Insurance 71

Insurance Digital transformation Security Authentication 71

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

Insurance 102

Insurance Ransomware Cybersecurity Marketing 102

Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. For those who have cyber insurance against ransomware attacks. But since the sneaky insurance agent purposely negotiates so as not to pay for the insurance claim, only the insurance company wins in this situation.

Insurance 89

Insurance Ransomware Encryption IT 89

DLA Piper Privacy Matters

MARCH 27, 2023

LOPMI introduces amendments to the insurability of losses and damages paid in response to cyber-attacks, including in relation to ransom payments – requiring that the payment of insurance compensation be conditional on the filing of a complaint, within a 72 hour time frame, to competent authorities.

Insurance 52

Insurance Risk Ransomware Cybersecurity 52

Data Protection Report

JULY 28, 2021

Germany’s highest civil court, the Federal Court Of Justice ( Bundesgerichtshof , the FCJ ), has just published a decision specifying the scope of data subject access requests (DSARs). The defendant was a life insurance company and the claimant their insured. Knowledge of the data subject of information is irrelevant.

Access 127

Access GDPR Personal data Insurance 127

Collibra

APRIL 9, 2021

Recapping a discussion moderated by Stijn Christiaens and featuring insurance data experts from Deloitte UK . Insurance is a data-intensive business. Insurance companies need data to better assess risks and price policies competitively, but also profitably. Drivers for cloud adoption. Mobilizing data governance programs.

Insurance 59

Insurance Cloud Data science Analytics 59

Hunton Privacy

FEBRUARY 25, 2021

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.

Insurance 70

Insurance Cybersecurity Risk Education 70

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

Data Protection Report

FEBRUARY 27, 2020

Given the level of interest in the case, we have prepared a deeper-dive into the facts and the implications of the decision, with a focus on the important role played in the case by cyber insurance. Until recently, there had not been an example of a cyber insurer actively participating in a recovery action. The context.

Insurance 81

Insurance Risk Data breaches Personal data 81

Krebs on Security

AUGUST 14, 2020

The “RCM” portion of its name refers to “revenue cycle management,” an industry which tracks profits throughout the life cycle of each patient, including patient registration, insurance and benefit verification, medical treatment documentation, and bill preparation and collection from patients.

Ransomware 359

Ransomware Insurance Phishing IT 359

The Last Watchdog

AUGUST 8, 2022

Digital twins are just one example of a complex system, but they expose companies to a lot of risk if they are not properly implemented with a cybersecurity plan in place. For example, think of digital cities, or digital infrastructure assets. Another example is a city using a digital twin so that they can model floods or earthquakes.

Security 210

Security Artificial Intelligence Risk Cybersecurity 210

Lenny Zeltser

JULY 1, 2020

The most likely way in which you’ll learn that you’ve fallen victim to the identity theft-based unemployment insurance scam is by receiving an unsolicited debit card in the mail. Called the Experian Identity Theft Restoration service , because I received free access to it courtesy of the Marriott data breach.

Insurance 116

Insurance Data breaches Government IT 116

CGI

JANUARY 10, 2018

Envisioning new and hidden realities with data and augmented reality—a digital “twin city” example. Also growing at the same time is the need to store, secure, access and analyze this data. For example, a supermarket that makes home grocery deliveries has empty vehicles returning from those deliveries. Wed, 01/10/2018 - 15:25.

Mining 78

Mining Big data Access Insurance 78

eSecurity Planet

OCTOBER 18, 2022

First, call the cyber insurance company that issued the organization’s cybersecurity policy. Most insurance companies require specific incident response vendors, procedures, and reporting that must be met to meet the standards to be insured. Insured companies often will not have options. Eliminate attacker access.

Ransomware 136

Ransomware Encryption Insurance Access 136

Security Affairs

JULY 21, 2021

Experts found a DB containing sensitive health insurance data belonging to customers of US insurance giant Humana. An SQL database containing what appears to be highly sensitive health insurance data of more than 6,000 patients has been leaked on a popular hacker forum. Who had access to the data?

Insurance 111

Insurance Passwords Libraries Access 111

Security Affairs

SEPTEMBER 19, 2018

Security experts at Flashpoint discovered the availability of the access to over 3,000 compromised sites sold on Russian black marketplace MagBo. A new report published by researchers at Flashpoint revealed the availability on an underground hacking forum for Russian-speaking users of access to over 3,000 breached websites.

Access 95

Access Mining Insurance Sales 95

IT Governance

NOVEMBER 20, 2018

This blog covers access controls. Deficient access controls result in security breaches. Any organisation whose employees connect to the Internet needs some level of access control in place. Any organisation whose employees connect to the Internet needs some level of access control in place. Secure your access controls.

Access 83

Access Security Authentication Passwords 83

CGI

SEPTEMBER 12, 2017

Data analytics – how should insurers look to the future? With a plethora of new data sources across the property and casualty (P&C) general insurance lifecycle now becoming available, how do insurers create an all-encompassing data analytics policy for the future? Tue, 09/12/2017 - 03:00. Connected and monitored energy usage.

Insurance 40

Insurance Analytics Risk IoT 40

Krebs on Security

JUNE 4, 2019

AMCA has advised LabCorp that Social Security Numbers and insurance identification information are not stored or maintained for LabCorp consumers.” Many readers wrote in to say they’d never heard of First American, but it is the largest title insurance company in the United States. million patients.

Insurance 245

Insurance Data Privacy Access Security 245

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

Krebs on Security

AUGUST 17, 2023

Security experts investigating 16Shop found the service used an application programming interface (API) to manage its users, an innovation that allowed its proprietors to shut off access to customers who failed to pay a monthly fee, or for those attempting to copy or pirate the phishing kit. Image: Akamai.

Phishing 186

Phishing Passwords Insurance Sales 186

Thales Cloud Protection & Licensing

APRIL 11, 2023

madhav Wed, 04/12/2023 - 06:11 Identity and Access Management (IAM) has evolved significantly over the past decade. CIAM (Customer Identity & Access Management) has recently seen phenomenal growth of late. Cloud-based Access Management Steps Up! This Identity Management Day, Go BIG or Go HOME!

B2C 87

B2C B2B Retail Insurance 87

Data Protection Report

DECEMBER 4, 2023

For example, third parties may be retained to perform payroll activities, store data in a centralized location, or send targeted advertisements to consumers. Indemnification and Insurance Data controllers are responsible for ensuring compliance with privacy laws.

Insurance 62

Insurance Privacy Compliance Personal data 62

eSecurity Planet

AUGUST 9, 2022

are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA). Healthcare Data Privacy Laws. Health data and patient data in the U.S.

Data Privacy 142

Data Privacy Compliance Privacy Security 142

Thales Cloud Protection & Licensing

NOVEMBER 15, 2023

Traditionally, airport security focused on physical access and the perimeter; however, in the years since 9/11, the digital footprint of the vast interconnected systems contains valuable assets that must be protected. Airports are high-risk locations and more vulnerable to cyber-attacks than airlines.

Cybersecurity 87

Cybersecurity Authentication Access Compliance 87

Armstrong Archives

AUGUST 25, 2023

The Health Insurance Portability and Accountability Act (HIPAA) ensures individuals’ health data protection and privacy. This includes insurance companies, nurses, and doctors. The guidelines ensure that patient information is safe from unauthorized access and sharing. What are the Most Common HIPAA Violations?

Computer and Electronics 52

Computer and Electronics Insurance Compliance Risk 52

Data Matters

JANUARY 28, 2022

Another example is the inclusion of remediation details for old vulnerabilities (including some dating back to 2018) and CISA stating that the Russian state-sponsored advanced persistent threat (“APT”) actors have used these “common but effective” vulnerabilities for attacks. Enable Controlled Folder Access.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Thales Cloud Protection & Licensing

MAY 9, 2022

Contrary to reports, the company paid nearly $5 million as a ransom to get access to all their systems. For example, both directives makes it mandatory for all agencies to deploy multi-factor authentication and encryption. Cyber insurance coverage ramps up. east coast. One in five businesses are willing to pay the ransom.

Insurance 71

Insurance Ransomware Encryption Authentication 71

AIIM

APRIL 12, 2022

The classic example is the insurer that won’t pay for care that a doctor determines a patient needs. Insurers are about profit; doctors are about delivering the best care. With collaborative videoconferencing: Low-income patients without insurance can use the Emergency Room less often. Telemedicine.

Computer and Electronics 104

Computer and Electronics Insurance Marketing Paper 104

Krebs on Security

JUNE 15, 2023

government agency in charge of improving the nation’s cybersecurity posture is ordering all federal agencies to take new measures to restrict access to Internet-exposed networking equipment. The directive comes amid a surge in attacks targeting previously unknown vulnerabilities in widely used security and networking appliances.

Risk 204

Risk Ransomware Cybersecurity Access 204

AIIM

AUGUST 19, 2021

Despite the proven operational improvements to be gain by going paperless, paper is still prevalent in too many core business processes today including loan applications, insurance claims, and customer onboarding. This ease of access greatly improves efficiency in a variety of contexts, such as approval processes.

Paper 209

Paper ECM Digital transformation Insurance 209

The Last Watchdog

OCTOBER 5, 2023

Byron: It’s gone from simple file encryption to multifaceted, multi-staged attacks that leverage Dark Web services, such as initial access brokers (IABs,) as well as make use of Living off the Land (LotL) embedded tools. Zero trust — and more specifically, zero-trust network access, or ZTNA — thus has become a must-have capability.

Cybersecurity 190

Cybersecurity Privacy Cloud IoT 190

eSecurity Planet

DECEMBER 7, 2023

Encryption uses mathematical algorithms to transform and encode data so that only authorized parties can access it. For example, The Health Insurance Portability and Accountability Act (HIPAA) requires security features such as encryption to protect patients’ health information.

Encryption 102

Encryption IT Passwords IoT 102

Krebs on Security

JULY 19, 2021

Experts say the biggest reason ransomware targets and/or their insurance providers still pay when they already have reliable backups is that nobody at the victim organization bothered to test in advance how long this data restoration process might take.

Ransomware 341

Ransomware Encryption Insurance Cybersecurity 341

Krebs on Security

OCTOBER 28, 2020

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. Five months later, Gunnebo disclosed it had suffered a cyber attack targeting its IT systems that forced the shutdown of internal servers.

Ransomware 340

Ransomware Security Agriculture Cybersecurity 340

IT Governance

FEBRUARY 22, 2022

For example, organisations that implement an ISMS will: Reduce information security costs. For example, the prevention of data breaches begins with risk management, in which an organisation identifies its information assets and the ways they can be compromised. For example, a cyber criminal leveraging a software flaw.

Information Security 138

Information Security Security Data breaches Risk 138

Security Affairs

NOVEMBER 25, 2020

The manufacturer of networking and cable products Belden disclosed a data breach, the company revealed that attackers gained “unauthorized access and copying of some current and former employee data, as well as limited company information regarding some business partners.”. ” reads a statement published by the company.

Data breaches 103

Data breaches Manufacturing Insurance Access 103