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. Some patients also had their Social Security numbers exposed.” Welcome to this week’s round-up of the biggest and most interesting news stories. Approximately 1.3 Records breached: 1.3

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

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

Data Matters

SEPTEMBER 20, 2021

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.

Insurance 88

Insurance e-Delivery Paper Sales 88

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. The incident is one of a series of major data breaches in Thailand in recent months that have been analysed by the security company Resecurity. Data breached: 19,718,687 records.

Data Privacy 52

Data Privacy Manufacturing Privacy Security 52

Schneier on Security

FEBRUARY 13, 2019

Zurich Insurance has refused to pay Mondelez International's claim of $100 million in damages from NotPetya. Those turning to cyber insurance to manage their exposure presently face significant uncertainties about its promise. Yet no cyber insurance policies cover this entire spectrum. Mondelez is suing.

Insurance 86

Insurance Risk Marketing Government 86

Security Affairs

JUNE 10, 2021

Threat hunting and adversarial cyber intelligence company Group-IB published a comprehensive analysis of fraud cases on a global scale. Insurance companies around the world are now suffering from phishing. Over the past year, an average of over 100 phishing websites were created per insurer. million in one year .

Phishing 120

Phishing Retail Insurance Risk 120

Thales Cloud Protection & Licensing

DECEMBER 22, 2020

Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing. 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 is not a check-the-box compliance or security item.

Data Privacy 118

Data Privacy Privacy Security Encryption 118

OpenText Information Management

APRIL 2, 2024

This underscores the imperative need for organizations to proactively approach their risk analysis. Unlocking Opportunities Despite the inherent risks, GenAI presents compelling prospects for strengthening cybersecurity measures. In its recent assessment, Time has identified “ungoverned AI” as one of the top risks of 2024.

Risk 76

Risk Privacy Data Privacy Paper 76

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

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

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

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

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. NAIC Advances Accreditation Standard Process for Revised Credit for Reinsurance Model Law and Regulation, and Term and Universal Life Insurance Reserve Financing Model Regulation.

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. NAIC Advances Accreditation Standard Process for Revised Credit for Reinsurance Model Law and Regulation, and Term and Universal Life Insurance Reserve Financing Model Regulation.

Insurance 60

Insurance Risk Artificial Intelligence Privacy 60

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Cyberattack Statistics.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

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

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

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

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 100

Insurance Digital transformation Customer Experience Cloud 100

Data Matters

SEPTEMBER 18, 2019

Under the revised Payment Services Directive (2015/2366) (PSD2), the European Banking Authority (EBA) and the European Commission were required to develop and adopt regulatory technical standards on strong customer authentication and common and secure open standards of communication. inherence: a biometric characteristic (e.g.,

Authentication 102

Authentication e-Delivery Risk Sales 102

eSecurity Planet

AUGUST 4, 2023

Even a robust IT or security department will find certain tasks or projects beyond their capabilities. But ignoring issues that you lack the time or expertise for can risk operational failure or security incidents. Yet IT and security vendors will provide their services according to the specifics of the contract.

IT 98

IT Compliance Cybersecurity Communications 98

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 130

Marketing Sales IT Insurance 130

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Raising awareness about ransomware is a baseline security measure. As training sessions have little influence over staff for every potential attack, it makes added security more imperative.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Collibra

JUNE 1, 2022

As a result, modern data professionals face this unavoidable challenge: How can I securely store and protect my organization’s data AND enable the organization to maximize its value? can map code sets for hospital billing to insurance/medicare codes). The foundation of a data-driven organization. Data is more valuable than ever.

Analytics 75

Analytics Government Compliance Metadata 75

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

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 98

Analytics Artificial Intelligence Marketing Education 98

Data Matters

NOVEMBER 2, 2021

We will also discuss a developing range of services referred to as digital asset “prime brokerage” — describing the suite of services typically provided by these prime brokers and comparing them to traditional offerings of prime brokers in the securities space.

Blockchain 88

Blockchain Marketing Access Risk 88

IT Governance

APRIL 17, 2019

We’re not going to lie: implementing an ISO 27001 -compliant ISMS (information security management system) is hard work. They should have a well-rounded knowledge of information security (which includes, but isn’t limited to, IT) and have the authority to lead a team and give orders to managers, whose departments they will need to review.

Risk 75

Risk Information Security Compliance Security 75

Collibra

JANUARY 24, 2019

2 – Embrace AI and ML to analyze data at scale, while keeping an eye on transparency and the logic that underpins its analysis. Everything from automating insurance claims and optimizing financial models, to performing medical diagnoses. That trust is often reinforced when a company can add value to the user’s experience.

Digital transformation 50

Digital transformation IoT Cloud Insurance 50

eDiscovery Daily

FEBRUARY 12, 2024

present yourself as a gift…and put into energy solving someone’s problem,” he said. Think business first when it comes to AI adoption The many sessions on AI hit on the topics of accuracy, ability to explain outcomes, data security and change management. Another important subject was identifying business use cases.

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. Think business first when it comes to AI adoption The many sessions on AI hit on the topics of accuracy, ability to explain outcomes, data security and change management. Another important subject was identifying business use cases.

CMS 41

CMS Phishing Communications Insurance 41

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. OCR chooses cases based on perceived importance and message.

Risk 40

Risk Compliance Privacy Phishing 40

CGI

MAY 13, 2018

At the time, many of the potential applications of a distributed environment—such as one professor’s vision of a distributed air traffic control environment offering immediate, secure communications between every airliner and control tower—were beyond the reach of the available technology. ACT-IAC guidance. federal government.

Blockchain 40

Blockchain Government Computer and Electronics Mining 40

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. JS-sniffers will mainly affect countries where the 3D Secure system is not widely used. Pierluigi Paganini.

IT 114

IT Military Cybersecurity Phishing 114

eSecurity Planet

JANUARY 21, 2021

It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. IT governance and security. Insurance & claims management. Then, you can download relevant data sets and export them as spreadsheets, PDFs, or presentations. Audit management. Riskonnect.

Compliance 67

Compliance Risk Government Retail 67

eSecurity Planet

JANUARY 21, 2021

It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. IT governance and security. Insurance & claims management. Then, you can download relevant data sets and export them as spreadsheets, PDFs, or presentations. Audit management. Riskonnect.

Compliance 57

Compliance Risk Government Retail 57

KnowBe4

JUNE 6, 2023

A new, HUGE, very important, fact has been gleaned by Barracuda Networks which should impact the way that EVERYONE does security awareness training. CONTINUED] at KnowBe4 blog: [link] [Live Demo] Ridiculously Easy Security Awareness Training and Phishing Old-school awareness training does not hack it anymore. This is that fact: ".spear

Phishing 71

Phishing Security awareness IT Passwords 71