IT Governance

JULY 15, 2019

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures.

Insurance 89

Insurance Data breaches Risk Information Security 89

Collibra

JANUARY 14, 2022

When GDPR (General Data Protection Regulation) came into effect in 2016, organizations took time to understand and plan their compliance efforts. With huge fines up to 4% of a company’s annual turnover looming large for non-compliance, companies have been turning to automated solutions for compliance.

Compliance 52

Compliance Government GDPR Personal data 52

eSecurity Planet

APRIL 29, 2024

Integrated risk management identifies and eliminates unnecessary complexities to simplify risk analysis and threat control and introduces optimized operational performance as a potential side effect. Risk then prioritizes security controls with the goal to deliver truly effective security as opposed to checkbox compliance.

Risk 67

Risk Compliance Communications Insurance 67

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Compliance management.

Compliance 57

Compliance Risk Government Retail 57

Reltio

JULY 2, 2019

Just like in the TV programmes like CSI where the analysts solve crimes by a combination of analysis and field work, there is no better way of understanding what is going on than going into the real-world for example visiting shops or listening into call-centre conversations. What do you like to do outside of work?

Analytics 58

Analytics Insurance Artificial Intelligence Data science 58

Data Protection Report

OCTOBER 3, 2021

The amendment: Expands the definition of “personal information”; Shortens the notification deadline after discovery of a breach from 90 to 60 days; Removes the requirement to consult with law enforcement as part of a risk assessment; Deems compliant any person subject to and in compliance with HIPAA and HITECH; and.

Data breaches 142

Data breaches IT Insurance Passwords 142

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.” ” ANALYSIS. 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.

Insurance 248

Insurance Data Privacy Access Security 248

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78

The Last Watchdog

JUNE 2, 2022

Big banks and insurance companies instilled the practice of requesting their third-party vendors to fill out increasingly bloated questionnaires, called bespoke assessments, which they then used as their sole basis for assessing third-party risk. Related: A call to share risk assessments. This alone was a huge improvement.

Security 266

Security Risk Digital transformation Insurance 266

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS). employees).

GDPR 100

GDPR e-Discovery Compliance Metadata 100

IBM Big Data Hub

DECEMBER 8, 2023

Compliance risk: When an organization violates rules both internal and external, putting its reputation or finances at risk. Legal risk: This is a compliance risk that involves the organization breaking government rules, resulting in a risk of financial and reputational loss.

Risk 77

Risk Compliance Insurance IT 77

Data Matters

DECEMBER 6, 2019

The Joint Statement provides that a robust compliance management system is necessary in order to develop, implement and monitor the use of alternative data for underwriting. whether use of the data can be disclosed and explained to the borrower as may be required under the Equal Credit Opportunity Act and the Fair Credit Reporting Act.

Compliance 60

Compliance Insurance Risk Access 60

Data Matters

DECEMBER 6, 2019

The Joint Statement provides that a robust compliance management system is necessary in order to develop, implement and monitor the use of alternative data for underwriting. whether use of the data can be disclosed and explained to the borrower as may be required under the Equal Credit Opportunity Act and the Fair Credit Reporting Act.

Compliance 60

Compliance Insurance Risk Access 60

AIIM

APRIL 21, 2022

It doesn’t matter if you’re an insurance company, local government agency, or something else. In tapping into the AIIM end-user community, we found impressive examples of that philosophy at work in leading organizations like Farmers Insurance, Ogilvy, and UnitedHealth Group.

Customer Experience 147

Customer Experience Digital transformation Insurance Government 147

IT Governance

FEBRUARY 22, 2022

Thanks to the risk assessment and analysis approach of an ISMS, organisations can reduce costs spent on indiscriminately adding layers of defensive technology that might not work. Information security management standards and compliance. For example, organisations that implement an ISMS will: Reduce information security costs.

Information Security 138

Information Security Security Data breaches Risk 138

The Last Watchdog

OCTOBER 5, 2023

His news analysis columns, podcasts, and videos are crafted to foster a useful understanding of complex privacy and cybersecurity developments for company decision-makers and individual citizens — for the greater good. Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies?

Cybersecurity 203

Cybersecurity Privacy Cloud IoT 203

Security Affairs

SEPTEMBER 23, 2023

The Royal group began reconnaissance activity in April 2023, and the analysis of system log data dates the beginning of the surveillance operations on April 7, 2023. Once obtained access to the City’s network, the group performed reconnaissance and information-gathering activities using legitimate third-party remote management tools.

Ransomware 115

Ransomware Encryption Systems administration Cybersecurity 115

Data Matters

SEPTEMBER 4, 2019

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

Insurance 68

Insurance Paper Risk Analytics 68

Info Source

JULY 6, 2023

They acquire, classify, and convert unstructured and semi-structured information into enhanced usable data for use in business transactions, analytics, records management, discovery, and compliance applications. For example, if your experience as an end customer in an interaction with your bank, insurance carrier, car dealer etc.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

eSecurity Planet

AUGUST 4, 2023

Compliance Certificates and Capabilities Organizations bound by compliance regulations will need vendors capable of understanding and complying with the requirements. In some cases, the vendors will offer certificates, such as System and Organization Controls Type 2 (SOC 2), that can be used to satisfy some compliance criteria.

IT 98

IT Compliance Cybersecurity Communications 98

Thales Cloud Protection & Licensing

DECEMBER 22, 2020

Traditionally, privacy has taken the form of a policy document created, housed, and referenced by the offices of general counsel and compliance at most organizations. The 2020 analysis found that customer data was by far the most-commonly compromised type of record with 80% of breached organizations saying that customer PII was affected.

Data Privacy 118

Data Privacy Privacy Security Encryption 118

eSecurity Planet

JANUARY 5, 2024

They provide a foundation for recognizing possible security issues and aiding forensic analysis. Address Compliance Requirements Ensure that the firewall policy complies with relevant cybersecurity and privacy requirements. Machine learning algorithms or behavioral analysis may play a role in dynamically developing these rules.

Compliance 108

Compliance Access Communications Cybersecurity 108

Hunton Privacy

OCTOBER 22, 2018

Three years ago, in February 2015, OCR opened a compliance review of Anthem, the nation’s second largest health insurer, following media reports that Anthem had suffered a significant cyberattack. submit annual compliance reports for a period of two years. submit annual compliance reports for a period of two years.

Computer and Electronics 63

Computer and Electronics Passwords Data breaches Compliance 63

IBM Big Data Hub

FEBRUARY 14, 2024

Voice-based queries use natural language processing (NLP) and sentiment analysis for speech recognition so their conversations can begin immediately. Healthcare The healthcare industry is using intelligent automation with NLP to provide a consistent approach to data analysis, diagnosis and treatment.

Artificial Intelligence 92

Artificial Intelligence Retail Unstructured data Insurance 92

eSecurity Planet

OCTOBER 5, 2021

Here are the services that stood out in our analysis. Assessment that audits and analyzes current security health and compliance status, advising on issues and providing recommendations. Digital forensics for insurance, medical, legal, and Fortune 500 companies. Forensic analysis & reporting. Fast decryption.

Ransomware 139

Ransomware Encryption Cybersecurity Insurance 139

Data Matters

MARCH 28, 2022

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.

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Compliance management.

Compliance 67

Compliance Risk Government Retail 67

Hunton Privacy

JANUARY 25, 2017

Department of Health and Human Services’ Office for Civil Rights (“OCR”) entered into a resolution agreement with MAPFRE Life Insurance Company of Puerto Rico (“MAPFRE”) relating to a breach of protected health information (“PHI”) contained on a portable storage device. submit annual compliance reports for a period of three years.

Security awareness 40

Security awareness Insurance Risk Compliance 40

IBM Big Data Hub

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

Insurance 112

Insurance Digital transformation Customer Experience Cloud 112

DLA Piper Privacy Matters

FEBRUARY 28, 2022

Most incidents reported originate from the private sector ( 3,667 ), with 2,707 incidents reported from public sector organisations in Ireland such as public sector bodies, banks, insurance and telecom companies. Our analysis of the WhatsApp decision can be read here. ePrivacy Enforcement – Website Cookies & Marketing.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

Hunton Privacy

NOVEMBER 30, 2016

On November 22, 2016, the Department of Health and Human Services (“HHS”) announced a $650,000 settlement with University of Massachusetts Amherst (“UMass”), resulting from alleged violations of the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) Privacy and Security Rules. .

Computer and Electronics 40

Computer and Electronics Insurance Privacy Risk 40

Hunton Privacy

DECEMBER 3, 2015

Department of Health and Human Services (“HHS”) announced that Triple-S Management Corporation (“Triple-S”), an insurance holding company based in San Juan, Puerto Rico, agreed on behalf of certain of its subsidiaries to settle potential violations of the HIPAA Privacy and Security Rules with HHS’s Office for Civil Rights (“OCR”).

Compliance 40

Compliance Insurance Privacy Risk 40

IT Governance

JANUARY 9, 2024

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. Welcome to this week’s round-up of the biggest and most interesting news stories. Publicly disclosed data breaches and cyber attacks: in the spotlight Hathaway breached, 41.5

Data Privacy 75

Data Privacy Privacy Manufacturing Data breaches 75

IBM Big Data Hub

JANUARY 22, 2024

The photo will expedite the recovery process and help when filing a police report or a possible claim with your insurance company. This will save all data in memory to a reference file on the device’s hard drive, preserving it for future analysis. Instead, put the affected systems into hibernation.

Ransomware 119

Ransomware Encryption Analytics Data breaches 119

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

The Last Watchdog

AUGUST 1, 2019

That includes social security and social insurance numbers, bank account numbers, phone numbers, birth dates, email addresses and self-reported income; in short, just about everything on an identity thief’s wish list. Too often organizations see security assessments as a periodic activity.

Data Privacy 198

Data Privacy Privacy Data breaches Cloud 198

IT Governance

OCTOBER 3, 2018

Certification to the scheme provides numerous benefits, including reduced insurance premiums, improved investor and customer confidence, and the ability to tender for business where certification to the scheme is a prerequisite. IT Governance is a leading provider of IT governance, risk management and compliance solutions.

Government 72

Government Compliance Risk Insurance 72