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Security Compliance & Data Privacy Regulations

eSecurity Planet

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S.

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The risks and limitations of AI in insurance

IBM Big Data Hub

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. Technological risk—data confidentiality The chief technological risk is the matter of data confidentiality.

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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. 1. NAIC to Develop New Privacy Model Law. This post summarizes the highlights from this meeting in addition to interim meetings held in lieu of taking place during the Summer Meeting.

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The Week in Cyber Security and Data Privacy: 20 – 26 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. The ‘enforcement’ and ‘other news’ categories remain unchanged. The data contains more than 56 million records, some of which are duplicates.

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Federal Privacy Commissioner Published Guidance on What Is “Sensitive” Personal Information

Data Protection Report

On May 16, 2022, the Office of the Privacy Commissioner of Canada (the “OPC”) released an Interpretation Bulletin (the “Bulletin”) on what it considers to be “sensitive” personal information under the federal Personal Information Protection and Electronic Documents Act (“PIPEDA”). Financial Information. Health Information.

Privacy 126
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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Late last year, Atrium Health disclosed it lost sensitive data for some 2.65 The culprit: lax practices of a third-party data and analytics contractor. One might assume top-tier financial services firms and healthcare vendors would have solved third-party cyber exposures by now. Uphill battle.

Risk 147
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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.