article thumbnail

How Multi-factor Authentication Can Benefit Your Industry

Rocket Software

For almost every industry, multi-factor authentication can be beneficial. What is Multi-factor Authentication? Multi-factor authentication (MFA) is any password that requires multiple steps or components to facilitate logging in. In an office setting, this can be done easily through a paper form. Considering MFA.

article thumbnail

UK FCA Consults on Changes to Strong Consumer Authentication, Dedicated Interfaces, and Guidance on Payment Services

Data Matters

On January 28, 2021, the UK Financial Conduct Authority (FCA) published Consultation Paper CP21/3 , “Changes to the SCA-RTS and to the guidance in ‘Payment Services and Electronic Money – Our Approach’ and the Perimeter Guidance Manual” (Consultation Paper). its Perimeter Guidance Manual (PERG).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Developments in Health Privacy and Cybersecurity Policy and Regulation: OCR Issues Cybersecurity Warnings and New Health Data Legislation Is Introduced

Data Matters

Department of Health and Human Service’s Office for Civil Rights (“OCR”) issued industry guidance for Health Insurance Portability and Accountability Act (“HIPAA”) regulated entities to take preventative steps to protect against some of the more common, and often successful, cyber-attack techniques. On March 17, 2022, the U.S.

article thumbnail

Contracting for Cybersecurity Risks: Mitigating Weak Links

Data Protection Report

Managing vendor risks includes putting pen to paper. Examples of sensitive information that attract more stringent security safeguards include financial information, health information, reputationally sensitive information, social insurance numbers, trade secrets and confidential commercial information. Concluding Remarks.

Risk 117
article thumbnail

Understanding HIPAA: A Guide to Avoiding Common Violations

Armstrong Archives

The Health Insurance Portability and Accountability Act (HIPAA) ensures individuals’ health data protection and privacy. This includes insurance companies, nurses, and doctors. Strong encryption methods for data should be used, and multi-factor authentication will add even another layer of security.

article thumbnail

The most valuable AI use cases for business

IBM Big Data Hub

For students tempted to plagiarize their papers or homework, AI can help spot the copied content. Insurance With AI, the insurance industry can virtually eliminate the need for manual rate calculations or payments and can simplify processing claims and appraisals.

article thumbnail

The Hacker Mind Podcast: The Internet As A Pen Test

ForAllSecure

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. cyber insurance as a whole was changing heavily. And why is that?