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. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.

Insurance 60

Insurance Big data e-Delivery Risk 60

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

Security Affairs

APRIL 30, 2023

Every week the best security articles from Security Affairs are free for you in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Security 95

Security Ransomware Cybersecurity Authentication 95

Data Matters

DECEMBER 11, 2018

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data. systemic risk of insurers with other parts of the financial system, notably the banking.

Insurance 68

Insurance Paper Risk Big data 68

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 104

Insurance Digital transformation Customer Experience Cloud 104

Data Matters

DECEMBER 6, 2019

Although it states that certain types of alterative data may present greater compliance concerns than others, it highlights the use of a cash flow analysis as a potentially valuable source of alternative information for underwriting purposes.

Compliance 60

Compliance Insurance Risk Access 60

Data Matters

DECEMBER 6, 2019

Although it states that certain types of alterative data may present greater compliance concerns than others, it highlights the use of a cash flow analysis as a potentially valuable source of alternative information for underwriting purposes.

Compliance 60

Compliance Insurance Risk Access 60

IT Governance

NOVEMBER 13, 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. Records breached: 79,582 Ontario hospitals update: information relating to 5.6

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

IT Governance

AUGUST 3, 2018

With the ever-present threat of cyber crime, your organisation can’t afford to be lax about cyber security. A BCMS is essentially a form of insurance. The first thing you should do when implementing a BCMS is to conduct a gap analysis. You also need to be prepared for when disaster strikes. How business continuity helps.

Insurance 66

Insurance IT Security 66

Info Source

JULY 16, 2019

ABBYY is currently present in most countries in Asia with long-established offices in Taiwan and Japan and through its strong partner network. ABBYY has long been active in the Asia-Pacific markets with many successful large-scale implementations in banking and financial services, insurance, telecom, government, and other verticals.

Customer Experience 40

Customer Experience Financial Services Marketing Retail 40

Info Source

NOVEMBER 13, 2023

Demand for Records Management solutions as primary use case grew only marginally in 2022 and now presents less than a quarter of the market demand in EMEA. 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

IT Governance

FEBRUARY 14, 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. 92,391,296 known records breached in 222 publicly disclosed incidents Welcome to this week’s global round-up of the biggest and most interesting news stories. GB Signature Performance, Inc.

Data Privacy 52

Data Privacy Manufacturing Privacy Security 52

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 88

Artificial Intelligence Marketing e-Delivery Manufacturing 88

eSecurity Planet

JUNE 16, 2022

Capital markets, insurance, financial services, and banking are now online. This presents a unique opportunity for cyber criminals. NGFWs can also provide log analysis and dashboard management for insight into traffic patterns. They also monitor system logs, NetFlow, endpoints, Active Directory , and emails, among other things.

Ransomware 137

Ransomware Cybersecurity Phishing Encryption 137

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. This week, we’re taking a slightly different approach with the ‘publicly disclosed data breaches and cyber attacks’ category, presenting the most interesting data points in a table format.

Data Privacy 52

Data Privacy Privacy Energy and Utilities Data breaches 52

Reltio

SEPTEMBER 13, 2022

The study reported that a composite customer investing in Reltio's MDM solution achieved a 366% return on investment (ROI) and a total net present value of $13 million over three years, with a payback on their investment within six months once operational. This allows those teams to focus more on higher value-added research and data analysis.

MDM 52

MDM B2C IT B2B 52

Data Matters

SEPTEMBER 18, 2019

Examples of MITs given by the EBA include utilities bill payments, TV and mobile phone subscriptions, digital services subscriptions and insurance premium payments. The TRA exemption under Article 18 allows a PSP not to apply SCA in the case of low-risk transactions where a transaction risk analysis has been conducted.

Authentication 102

Authentication e-Delivery Risk Sales 102

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

Security Affairs

AUGUST 8, 2021

The analysis of the file revealed that this huge batch of compromised cards had not appeared on other underground forums. Further analysis of the activity of the user kicknamed “AW_cards” revealed that they are the author of the newly established All World Cards card shop. Bitcoin ($ 8,500 at the August 2021 exchange).

Marketing 128

Marketing Sales IT Insurance 128

IBM Big Data Hub

FEBRUARY 23, 2024

In addition, ML techniques power tasks like speech recognition, text classification, sentiment analysis and entity recognition. When incorporating speech recognition, sentiment analysis and dialogue management, conversational AI can respond more accurately to customer needs.

Analytics 103

Analytics Artificial Intelligence Marketing Education 103

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. As a result, data has become a critical asset for companies and governments alike, as well as the primary target for nefarious actors and nation states.

Data Privacy 118

Data Privacy Privacy Security Encryption 118

eSecurity Planet

FEBRUARY 16, 2021

Forensic Analysis. Antivirus endpoint software blocks identifiable malicious files, but products also increasingly offer adaptive analysis to identify and stop unrecognized files. While the above vendors present mostly pre-attack protection tools, additional vendors are starting to offer rapid response to ransomware.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Info Source

DECEMBER 8, 2023

The lack of Telecoms infrastructure and digital skill development presents a hurdle; however, where investments by local government or overarching organisations close the gap, they will enable in particular economies with young populations. Generative AI solutions present an important opportunity for the integration in IDP solutions.

Marketing 40

Marketing Customer Experience Energy and Utilities Digital transformation 40

IT Governance

APRIL 17, 2019

Common methods focus on looking at risks to specific assets or risks presented in specific scenarios. Transfer the risk (with an insurance policy or via an agreement with other parties). This involves conducting a needs analysis and defining a desired level of competence. Treat the risk by applying controls.

Risk 75

Risk Information Security Compliance Security 75

CGI

FEBRUARY 6, 2019

For example, criminals have many routes by which they can steal from the healthcare system, from old-fashioned insurance fraud to sophisticated cybercrime techniques. The Global Health Care Anti-Fraud Network (GHCAN) reports that as much as $260 billion — approximately 6 percent of global health care spending—is lost to fraud each year.

Artificial Intelligence 40

Artificial Intelligence Insurance Phishing Government 40

CGI

FEBRUARY 6, 2019

For example, criminals have many routes by which they can steal from the healthcare system, from old-fashioned insurance fraud to sophisticated cybercrime techniques. The Global Health Care Anti-Fraud Network (GHCAN) reports that as much as $260 billion — approximately 6 percent of global health care spending—is lost to fraud each year.

Artificial Intelligence 40

Artificial Intelligence Insurance Phishing Government 40

CGI

MAY 13, 2018

As presented in Section 3, when it comes to operationalizing blockchain technology, solution selection means much more than just which of the ever-growing list of blockchain technologies to choose. It also requires thorough analysis of business considerations (e.g., consensus mechanism, transaction costs, etc.)

Blockchain 40

Blockchain Government Computer and Electronics Mining 40

HL Chronicle of Data Protection

OCTOBER 21, 2019

Regulators, industry experts, and researchers provided insight into health privacy and security enforcement trends, emerging threats, and new tools at a recent conference focused on the Health Insurance Portability and Accountability (HIPAA) regulatory framework. The conference agenda with links to presentations is available here.

Risk 40

Risk Compliance Privacy Phishing 40

eSecurity Planet

AUGUST 4, 2023

Speakers may not have time to discuss specific opportunities, but a buyer can glean something of the competence and nature of the speaker through their presentation and interaction with other attendees. More often, the compliance requirements may not apply to the vendor.

IT 83

IT Compliance Cybersecurity Communications 83

Data Matters

NOVEMBER 2, 2021

Building off an existing futures trading relationship and its documentation presents advantages for the institutional investment manager. While similar questions are appropriate to ask with respect to custody of digital assets, other factors need to be considered in this analysis as well.

Blockchain 88

Blockchain Marketing Access Risk 88

eDiscovery Daily

FEBRUARY 12, 2024

present yourself as a gift…and put into energy solving someone’s problem,” he said. In addition to talking about the importance of perseverance to be successful in any endeavor, he also advised to approach something you want with the perspective of how you can help.

CMS 41

CMS Phishing Communications Insurance 41

eDiscovery Daily

FEBRUARY 11, 2024

present yourself as a gift…and put into energy solving someone’s problem,” he said. In addition to talking about the importance of perseverance to be successful in any endeavor, he also advised to approach something you want with the perspective of how you can help.

CMS 41

CMS Phishing Communications Insurance 41

Security Affairs

NOVEMBER 29, 2019

Group-IB’s annual report was presented at CyberCrimeCon 2019 international Threat Hunting and Intelligence conference in Singapore. The threat actor mainly targets insurance, consulting, and construction companies. In total, 38 different state-sponsored threat actors were active throughout review period, including seven new ones.

IT 86

IT Military Cybersecurity Phishing 86

eSecurity Planet

JANUARY 21, 2021

The Riskonnect GRC platform has specific use cases for risk management, information security, compliance, and audit professionals in healthcare, retail, insurance, financial services, and manufacturing. Insurance & claims management. Then, you can download relevant data sets and export them as spreadsheets, PDFs, or presentations.

Compliance 67

Compliance Risk Government Retail 67

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. ceding insurer could be eligible for the same reduced collateral requirements that would apply to qualifying EU reinsurers under the revised CFR Model Laws.

Insurance 68

Insurance Blockchain Big data Risk 68

eSecurity Planet

JANUARY 21, 2021

The Riskonnect GRC platform has specific use cases for risk management, information security, compliance, and audit professionals in healthcare, retail, insurance, financial services, and manufacturing. Insurance & claims management. Then, you can download relevant data sets and export them as spreadsheets, PDFs, or presentations.

Compliance 57

Compliance Risk Government Retail 57

Data Matters

DECEMBER 28, 2020

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Insurance groups will be exempt from filing a GCC if. groups to non-U.S.

Insurance 68

Insurance Paper Risk Analytics 68