Remove Access Remove Insurance Remove Security Remove Survey
article thumbnail

Why Cyber Insurance is Essential in 2022

IT Governance

Organisations must always look for cost-effective ways to address the cyber security risks they face. With more than 1,200 publicly disclosed data breaches last year , and organisations spending almost £3 million on average responding to security incidents , effective risk management is a top priority. The benefits of cyber insurance.

Insurance 137
article thumbnail

Cyber-insurance – 72 hours for the insured party to file a criminal complaint: GDPR’s false friend

Data Protection Report

The French Information and Digital Security Experts Club ( CESIN ) has estimated that 54% of French companies were subject to cyberattacks in 2021, [1] while France Assureurs has put cyberattack risks on top of all other risks for the sixth year in a row. [2] 12-10-1 into the French Insurance code. However, in the end, Article L.12-10-1

Insurance 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Financial Service and Insurance Industries Need Intelligent Document Processing; Here’s Why

Rocket Software

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.

article thumbnail

The Week in Cyber Security and Data Privacy: 30 October – 5 November 2023

IT Governance

When MOVEit was hacked by the Russian Cl0p ransomware gang in May, email addresses and links to government employee surveys were compromised. While investigating the incident, it discovered that confidential consumer information had been accessed by an unauthorised third party. Records breached: 815,000,000 Milford Management Corp.

article thumbnail

Securing AI Deployments: Striking the Balance

OpenText Information Management

The recent IT leaders CIO MarketPulse survey by Foundry underscores that data must be ready for AI. 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.

article thumbnail

Is Cyber Essentials Enough to Secure Your Organisation?

IT Governance

Organisations that are looking to bolster their information security practices are often advised to certify to Cyber Essentials – and for good reason. Access controls , which ensure that only authorised users can access sensitive information and applications.

Security 119
article thumbnail

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. sought coverage for expenses under its property insurance policy.