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Oracle Critical Patch Update for January 2022 will fix 483 new flaws

Security Affairs

.” The CPU will address critical vulnerabilities in Oracle Essbase, Graph Server and Client, Secure Backup, Communications Applications, Communications, Construction and Engineering, Enterprise Manager, Financial Services Applications, Fusion Middleware, Insurance Applications, PeopleSoft, Support Tools, and Utilities Applications.

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UK ICO Scrutinizes Use of Generative AI

Data Matters

Following the EU’s increased focus on generative AI with the inclusion of foundation and generative AI in the latest text of the EU AI Act (see our post here ), the UK now also follows suit, with the UK’s Information Commissioner’s Office (“ ICO ”) communicating on 15 June 2023 its intention to “review key businesses’ use of generative AI.”

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6 climate change adaptation strategies every organization needs today

IBM Big Data Hub

In Florida and California, where hurricanes and wildfires respectively have become more rampant, some insurance providers are choosing to stop servicing these regions entirely. An insurer, for example, could send an SMS alert advising policyholders to move their vehicles ahead of a predicted hailstorm.

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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. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . GCC Template and Instructions.

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Unlocking the power of chatbots: Key benefits for businesses and customers

IBM Big Data Hub

Instead of forcing the customer to communicate in your home language, enterprise-grade chatbots can support multiple languages and can even make an educated guess based on the initial input, whether it’s in chat, text or voice. This omnichannel approach enables you to connect with customers where they are most active and comfortable.

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How chatbots improve human resource operations

IBM Big Data Hub

An HR Chatbot that leverages natural language processing (NLP) and machine learning can understand, communicate, and even automate actions to support candidates and employees. Also, providing payroll and policy information, chatbots collect and store data that can be retrieved as and when required.

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Regulatory Update: NAIC Fall 2018 National Meeting

Data Matters

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.