Remove category financial-privacy
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Infosource Global Capture & IDP Vertical Market Analysis 2022-2023 Update

Info Source

The Finance sector, led by Banks and Financial Institutions, has been at the forefront of embracing technologies. In our vertical market sizing and analysis, we cover horizontal use cases e.g., accounting, HR management, as well as vertical specific use cases e.g., bank account opening, mortgage processing and insurance claims processing.

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Security Compliance & Data Privacy Regulations

eSecurity Planet

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. GDPR-style data privacy laws came to the U.S. with the California Consumer Privacy Act (CCPA) effective Jan.

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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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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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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.

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

The Last Watchdog

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
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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. Annuity Suitability Working Group Drafting FAQ Document to Facilitate Uniformity in State Adoption of Revised Suitability in Annuity Transactions Model Regulation.