IBM Big Data Hub

MAY 8, 2023

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. One example of this is facial recognition being used for the illegal tracking of people’s movement.

Insurance 75

Insurance Risk Artificial Intelligence Government 75

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 79

Insurance Ransomware Encryption IT 79

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 214

Security Artificial Intelligence Risk Cybersecurity 214

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

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. 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.

Data Privacy 142

Data Privacy Compliance Privacy Security 142

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. The company has operations in 25 countries, more than 4,000 employees, and billions in revenue annually.

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Ransomware Security Agriculture Cybersecurity 344

OpenText Information Management

MAY 10, 2024

If it’s not accurate, accessible, and secure, organizations won’t get the desired results. Since AI relies on data to learn and improve, organizations must ensure their data is accurate, accessible, and secure. Implement least-privilege access controls to protect LLMs from nefarious modification.

Security 57

Security Artificial Intelligence Privacy Compliance 57

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 361

Ransomware Insurance Phishing IT 361

IT Governance

FEBRUARY 22, 2022

Information security management is a way of protecting an organisation’s sensitive data from threats and vulnerabilities. The process is typically embedded via an ISMS (information security management system) , which provides the framework for managing information security. Why is information security management important?

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Information Security Security Data breaches Risk 138

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.

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Insurance Cybersecurity Risk Education 70

IT Governance

NOVEMBER 20, 2018

The Cyber Essentials scheme is a world-leading assurance mechanism for organisations of all sizes to help demonstrate that the most critical cyber security controls have been implemented. This blog covers access controls. Deficient access controls result in security breaches. Secure your access controls.

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Access Security Authentication Passwords 83

IT Governance

JUNE 15, 2022

In an increasingly digital world, there are an escalating number of cyber security risks for business to address. IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average. Poor patch management. Weak passwords.

Risk 144

Risk Security Passwords Phishing 144

Thales Cloud Protection & Licensing

MARCH 22, 2023

5 Ways CIAM Ensures a Seamless and Secure Customer Experience divya Thu, 03/23/2023 - 05:27 In today's digital-first world, providing customers with trustworthy, hassle-free interactions is critical to business success. Let’s consider the following example.

Customer Experience 71

Customer Experience Security Authentication Privacy 71

eSecurity Planet

FEBRUARY 14, 2023

I remember the first time we were asked for a SOC 2 report, which quickly became the minimum bar requirement in our industry for proof of an effective security program,” he said. The vision was to automate security and compliance across 14 frameworks, including SOC 2, ISO 27001, HIPAA and GDPR. Growth has definitely been robust. “Our

Compliance 100

Compliance Security Cybersecurity Marketing 100

Krebs on Security

JUNE 4, 2019

Securities and Exchange Commission , LabCorp. AMCA has advised LabCorp that Social Security Numbers and insurance identification information are not stored or maintained for LabCorp consumers.” credit card numbers and bank account information), medical information and Social Security Numbers. million patients.

Insurance 250

Insurance Data Privacy Access Security 250

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? What was leaked?

Insurance 113

Insurance Passwords Libraries Access 113

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.

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Phishing Passwords Insurance Sales 192

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 135

Ransomware Encryption Insurance Access 135

Lenny Zeltser

JULY 1, 2020

To achieve this, the scammer: Obtains the victim’s personal information , including name, date of birth, social security number, address, and probably employment history. Called the Experian Identity Theft Restoration service , because I received free access to it courtesy of the Marriott data breach. I believe in this scheme.

Insurance 116

Insurance Data breaches Government IT 116

eSecurity Planet

MARCH 18, 2022

Many security professionals think that if they have done the hard work of securing their organization, that should be enough. Even though drafting IT security policies can be a pain, formal policies provide a valuable resource to protect both the IT team and their organization. Written security policies.

IT 117

IT Compliance Security Access 117

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 213

Risk Ransomware Cybersecurity Access 213

IT Governance

SEPTEMBER 15, 2021

A UK government report published last year found that 48% of organisations lacked the expertise to complete routine cyber security practices. This includes an inability to protect against malware, set access controls and apply updates. So why are organisations unable to address the fundamentals of cyber security?

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Security Insurance Education Government 122

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 89

Access Mining Insurance Sales 89

Thales Cloud Protection & Licensing

NOVEMBER 15, 2023

These bustling hubs require robust security systems to ensure the safety of passengers, staff, and infrastructure. 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.

Cybersecurity 87

Cybersecurity Authentication Access Compliance 87

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.

Mining 78

Mining Big data Access Insurance 78

The Last Watchdog

MARCH 26, 2019

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

Security 145

Security Digital transformation Financial Services Risk 145

The Last Watchdog

OCTOBER 5, 2023

Byron is the founder and editor-in-chief of The Last Watchdog on Privacy & Security. 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.

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Cybersecurity Privacy Cloud IoT 203

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. The agencies recommend that all users, without exception, must be authenticated with MFA for remote access to internal networks.

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Cybersecurity Financial Services Authentication Government 157

The Last Watchdog

MAY 10, 2021

Back in the mid-1990s, big banks and insurance companies came up with something called “bespoke assessments” as the approach for assessing third party vendor risk. It can be a big strain on resources just to respond to security questionnaires,” he says. “At This took the form of programmatic audits. Visibility boost.

Risk 195

Risk Insurance Access Security 195

IBM Big Data Hub

MAY 9, 2024

Healthcare organizations need a strong data governance framework to help ensure compliance with regulations like the Health Insurance Portability and Accountability Act of 1996 (HIPAA) in the US and the General Data Protection Regulation (GDPR) in the EU. Inaccuracies might also lead to more delays or complications with insurance coverage.

Government 69

Government GDPR Compliance Analytics 69

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 63

Insurance Privacy Compliance Personal data 63

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.

Computer and Electronics 52

Computer and Electronics Insurance Compliance Risk 52

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

IT Governance

JANUARY 9, 2020

Almost everyone wants to know what the future has in store – particularly when it comes to cyber security. With that in mind, Geraint Williams, IT Governance’s chief information security officer, discusses his cyber security predictions in the upcoming year. Our predictions. Attacks involving the IoT will continue.

Security 98

Security IoT Phishing Ransomware 98

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

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