Data Matters

AUGUST 24, 2018

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. This post summarizes the highlights from this meeting. NAIC Continues its Evaluation of Insurers’ Use of Big Data .

Insurance 60

Insurance Big data e-Delivery Risk 60

Hunton Privacy

FEBRUARY 29, 2024

Finally, the investigation indicated that GRBH violated the HIPAA Privacy Rule by failing to meet the requirement not to use or disclose PHI except as permitted by the Rule. It filed a breach report with OCR in February 2019, which then investigated the organization’s data practices starting in December 2019.

Ransomware 111

Ransomware Personal data Risk Privacy 111

Security Affairs

OCTOBER 30, 2023

“The Hacker-Powered Security Report makes clear that hackers are actively growing their skillsets to meet emerging threats. Below is the analysis of vulnerability type by industry: How do the company customers measure the ROI of the HackerOne security program? Additional info is available in the report published by the company.

Blockchain 122

Blockchain Insurance Risk Security 122

IT Governance

OCTOBER 3, 2018

In addition to meeting the requirements of Cyber Essentials, organisations must undergo an internal assessment and internal scan conducted on-site by the certification body. Cyber Essentials Plus requires a more advanced level of assurance.

Government 72

Government Compliance Risk Insurance 72

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. One leading provider is Denver, Colo.-based

Security 248

Security Risk Digital transformation Cybersecurity 248

Info Source

JULY 6, 2023

For example, if your experience as an end customer in an interaction with your bank, insurance carrier, car dealer etc. The IDP solution should provide the relevant data to the internal and external analysis steps. is negative, your satisfaction with this organisation is going to suffer.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

IBM Big Data Hub

FEBRUARY 15, 2024

Meanwhile, insurance companies are increasingly declining to provide property insurance in areas vulnerable to extreme weather, leaving homeowners there at greater financial risk. Damage to one type of infrastructure can lead to consequences for another: As noted by the U.S.

Artificial Intelligence 64

Artificial Intelligence Insurance Risk Government 64

IBM Big Data Hub

DECEMBER 8, 2023

A good practice might be setting up a weekly meeting time to discuss the risks or to use a statistics tool for tracking any changes in the risk profile. This strategy shifts the risk from the organization onto another party; in many cases, the risk shifts to an insurance company.

Risk 72

Risk Compliance Insurance IT 72

eSecurity Planet

OCTOBER 18, 2021

” Cyber Insurance No Longer Reliable. Perhaps the largest lesson to draw from this case, Crockett said, is to take these threats more seriously and look beyond a simple cost-benefit analysis. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out.

Ransomware 89

Ransomware Insurance Digital transformation Cybersecurity 89

Security Affairs

SEPTEMBER 23, 2023

MILES/CBS NEWS TEXAS The Royal ransomware group is behind the attack and threatens to publish stolen data if the City will not meet its ransom demand. 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.

Ransomware 113

Ransomware Encryption Systems administration Cybersecurity 113

Krebs on Security

JULY 4, 2020

A reader who was recently the victim of unemployment insurance fraud said he was told he should create an account at the Department of Homeland Security ‘s myE-Verify website , and place a lock on his Social Security number (SSN) to minimize the chances that ID thieves might abuse his identity for employment fraud in the future.

Passwords 275

Passwords Authentication Insurance Mining 275

Data Matters

DECEMBER 28, 2020

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. This Sidley Update summarizes the highlights from this meeting in addition to interim meetings that were held during November in lieu of taking place during the Fall Meeting.

Insurance 68

Insurance Paper Risk Analytics 68

Data Matters

MAY 9, 2019

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. This post summarizes the highlights from this meeting. reinsurer that is not licensed in the state of domicile of a U.S.

Insurance 68

Insurance Blockchain Big data Risk 68

Collibra

MARCH 31, 2022

Whether it’s a suggestion of a product while shopping online, or calculating insurance rates based on your driving behavior, data is the common denominator. Data warehouse logs can provide information on the transformations occurring within their system, but it’s not enough to meet the needs and obtain the benefits of end-to-end lineage.

Insurance 52

Insurance Government Analytics Compliance 52

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. You’ll also learn how the Standard can help your organisation meet its legal and regulatory obligations, and the value of certification.

Information Security 138

Information Security Security Data breaches Risk 138

Data Matters

DECEMBER 20, 2019

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. The Fall Meeting was highlighted by the following activities. Under the 2019 revisions to the CFR Model Laws, a “reciprocal jurisdiction” includes (a) a non-U.S.

Insurance 60

Insurance Risk Artificial Intelligence Privacy 60

Data Matters

DECEMBER 20, 2019

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. The Fall Meeting was highlighted by the following activities. Under the 2019 revisions to the CFR Model Laws, a “reciprocal jurisdiction” includes (a) a non-U.S.

Insurance 60

Insurance Risk Artificial Intelligence Privacy 60

IT Governance

NOVEMBER 28, 2023

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. The updated data point is italicised in the table. That’s it for this week’s round-up.

Data Privacy 52

Data Privacy Privacy Energy and Utilities Data breaches 52

Security Affairs

APRIL 30, 2023

Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Security 96

Security Ransomware Cybersecurity Authentication 96

Security Affairs

JUNE 14, 2021

To achieve this, attackers padded these documents with >10 pages of keywords on a wide range of topics, from “insurance form” and “acceptance of contract” to “how to join in SQL” and “math answers”. The attack works by using PDF documents designed to rank on search results. template, invoice, receipt, questionnaire, and resume).

Insurance 73

Insurance Access Security IT 73

Thales Cloud Protection & Licensing

DECEMBER 22, 2020

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. Multinationals face difficult and unique compliance challenges to successfully meet the ongoing waves of government regulations for data privacy and security.

Data Privacy 118

Data Privacy Privacy Security Encryption 118

The Last Watchdog

APRIL 18, 2019

Related: Data breaches fuel fledgling cyber insurance market. I had the chance at RSA 2019 to meet with Syed Abdur, Brinqa’s director of products, who provided more background. Flashback to the assignment Fida and Perez initially took on: to do a physica location risk analysis, down to the fire extinguishers.

Digital transformation 101

Digital transformation Security Risk Cloud 101

Info Source

NOVEMBER 13, 2023

AI-based solutions and subscription-based services will lower the barrier to entry for process automation and meet requirements for improved customer experience and employee satisfaction. In EMEA , the Finance segment, consisting of Banking and Insurance, continues to account for one third of the regional Capture & IDP market in 2022.

Information capture 52

Information capture Marketing Records Management Paper 52

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. Complaints Handling.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

Data Protection Report

SEPTEMBER 9, 2020

The existing CCPA exemption does not formally recognize HIPAA’s deidentification standard, but this amendment would provide organizations who use this standard a clear exemption for use of data meeting one of HIPAA’s deidentification standards. The bill also proposes a new section on reidentification.

Privacy 62

Privacy Insurance Sales IT 62

IBM Big Data Hub

APRIL 18, 2024

Image (55%): Gen AI can simulate how a product might look in a customer’s home or reconstruct an accident scene to assess insurance claims and liability. Coding intelligence Beyond code analysis, AGI grasps the logic and purpose of existing codebases, suggesting improvements and generating new code based on human specifications.

Artificial Intelligence 87

Artificial Intelligence Marketing e-Delivery Manufacturing 87

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 117

Risk Financial Services Insurance Cybersecurity 117

Info Source

MAY 13, 2020

The most popular reason why processes were not always strictly followed was that employees may deviate to meet customer needs (58%). Our technologies are used by Fortune 500 companies in finance, insurance, transportation, healthcare and other industries helping them make intelligent business decisions.

Mining 52

Mining Customer Experience Financial Services Insurance 52

ARMA International

AUGUST 7, 2023

While we are still a far cry from AI lawyers replacing human lawyers, AI could revolutionize the legal industry by automating mundane tasks such as legal research, document review, and contract analysis. Before beginning workflow automation and customization processes, first, establish the goals you want to accomplish.

Artificial Intelligence 52

Artificial Intelligence Cloud Data Privacy Privacy 52

IBM Big Data Hub

FEBRUARY 23, 2024

Enterprises can use NLU to offer personalized experiences for their users at scale and meet customer needs without human intervention. In addition, ML techniques power tasks like speech recognition, text classification, sentiment analysis and entity recognition.

Analytics 103

Analytics Artificial Intelligence Marketing Education 103

IT Governance

APRIL 17, 2019

Work instructions describing how employees should meet those policies. As such, it’s obviously important that you recognise everything that’s relevant to your organisation so that the ISMS can meet your organisation’s needs. Transfer the risk (with an insurance policy or via an agreement with other parties). >> 4.

Risk 75

Risk Information Security Compliance Security 75

ForAllSecure

MAY 17, 2023

Or even basic low level threat analysis. Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. VAMOSI: Cybersecurity insurance. Should you do it, should you not?

Insurance 40

Insurance Privacy Ransomware GDPR 40

Data Matters

SEPTEMBER 18, 2019

Under the RTS, a PSP must also ensure that the security features associated with these elements meet certain security standards, including: ensuring sufficient length or complexity for the knowledge elements; introducing a minimum key length requirement (e.g., a password or a PIN); possession: something the user possesses (e.g.,

Authentication 102

Authentication e-Delivery Risk Sales 102

Data Matters

APRIL 10, 2020

Instead, the AG’s office may be focusing on preparing the extensive documentation that it will need to submit in April 2020 to the Office of Administrative Law in order to meet the July 1, 2020 deadline. Comments to this latest round of proposed regulations were due on March 27, 2020.

Privacy 68

Privacy Sales Insurance Compliance 68

IT Governance

OCTOBER 31, 2023

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. Records breached: 512,000 documents, with details of insurance investigations, vehicle registration certificates, notices of car seizures and payment card details.

Data Privacy 52

Data Privacy Privacy Data breaches Security 52

Collibra

JANUARY 14, 2022

For data-driven companies, this approach means not just meeting the rigorous compliance requirements of today, but being ready for any new or updated regulations in the future. For CCAR (Comprehensive Capital Analysis and Review), the regulator evaluates bank-supplied financial data by running through its own internal models.

Compliance 52

Compliance Government GDPR Personal data 52

Collibra

APRIL 1, 2021

It creates the structure that enables collaboration on and analysis of trusted data. Extend and coordinate – A federated flexible operating model allows teams to enhance the model to meet their unique needs. Collibra meets the customers where they are, rather than the other way around. It allows you to: .

Government 74

Government Digital transformation Communications Retail 74