IBM Big Data Hub

MAY 9, 2024

Healthcare organizations need a strong data governance framework to help ensure compliance with regulations like the Health Insurance Portability and Accountability Act of 1996 (HIPAA) in the US and the General Data Protection Regulation (GDPR) in the EU. Despite this, many healthcare organizations face challenges.

Government 67

Government GDPR Compliance Analytics 67

DLA Piper Privacy Matters

AUGUST 23, 2021

Rather than bringing substantial changes to the existing China data privacy framework, the PIPL helpfully consolidates and clarifies obligations on processing of personal information at a national law level. Express, informed consent must generally be obtained from data subjects for all processing of personal information.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

Data Matters

AUGUST 17, 2023

law enforcement, immigration, employment, insurance and health), and so have a greater impact across society – including in relation to vulnerable groups. The post UK ICO Scrutinizes Use of Generative AI appeared first on Data Matters Privacy Blog.

Insurance 78

Insurance Communications Risk Privacy 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

Data Matters

JUNE 29, 2018

Jerry Brown signed into law the California Consumer Privacy Act of 2018 (AB 375). It is intended to give consumers more transparency regarding and control over their data and establishes highly detailed requirements for what companies that collect personal data about California residents must disclose. .

GDPR 79

GDPR Privacy Sales Data breaches 79

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

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

JUNE 29, 2018

Jerry Brown signed into law the California Consumer Privacy Act of 2018 (AB 375). It is intended to give consumers more transparency regarding and control over their data and establishes highly detailed requirements for what companies that collect personal data about California residents must disclose. .

GDPR 60

GDPR Privacy Sales Data breaches 60

Data Matters

JUNE 12, 2020

electronic payments, check capture and online banking), the OCC lists some of the new technologies, the implementation of which may be hindered by ambiguous, burdensome or inflexible rules, such as blockchain, artificial intelligence, biometrics, cloud computing and big data/analytics. Comments are due by August 3, 2020.

Artificial Intelligence 68

Artificial Intelligence Blockchain Financial Services Computer and Electronics 68

IBM Big Data Hub

MAY 28, 2024

Data breach victims also frequently face steep regulatory fines or legal penalties. Government regulations, such as the General Data Protection Regulation (GDPR), and industry regulations, such as the Health Insurance Portability and Accounting Act (HIPAA), oblige companies to protect their customers’ personal data.

Data breaches 83

Data breaches GDPR Compliance Encryption 83

IBM Big Data Hub

OCTOBER 30, 2023

Adopting AI in business at scale is not without its challenges, including data privacy concerns, integration complexities and the need for skilled personnel. Scaling AI in business presents unique challenges: Data accessibility : Fragmented and siloed data stifle advancement.

Analytics 79

Analytics Retail Cloud Insurance 79

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

DLA Piper Privacy Matters

JUNE 4, 2021

China is a leading marketing for connected and autonomous vehicles, and use and analytics of connected vehicle data has been encouraged by Chinese Government support of big data and AI technology. valid contact information for the person/role responsible for handling data subject rights; express consent must be obtained.

Big data 66

Big data Compliance Personal data Insurance 66

Data Protection Report

JANUARY 19, 2022

As data has become a larger component of transactions and business, regulators have imposed requirements to address privacy concerns and protect the ownership of personal data. compliance with regulatory restrictions on personal data and maintenance of confidentiality. Data in M&A transactions going forward.

Compliance 131

Compliance Access Personal data Risk 131

The Security Ledger

APRIL 27, 2021

But those who are ready to be blasé about breaches may be overlooking the role that leaked and stolen data plays in other, more serious problems such as targeted cyber attacks. Waiting for Federal Data Privacy Reform? A Stolen Data Ecosystem Grows In China. Don’t Hold Your Breath.

Data breaches 52

Data breaches Big data Retail Insurance 52

erwin

APRIL 11, 2019

Keeping up with new data protection regulations can be difficult, and the latest – the General Data Protection Regulation (GDPR) – isn’t the only new data protection regulation organizations should be aware of.

GDPR 100

GDPR e-Discovery Compliance Metadata 100

IBM Big Data Hub

JULY 11, 2023

Implementing AI can help recognize unusual or suspicious patterns in insurance claims, such as billing for costly services or procedures not performed, unbundling (which is billing for the individual steps of a procedure as though they were separate procedures), and performing unnecessary tests to take advantage of insurance payments.

Artificial Intelligence 55

Artificial Intelligence Insurance Healthcare Government 55

Information Governance Perspectives

MARCH 10, 2020

Luckily, it’s a detail-oriented role, which is perfect because my background is in Compliance and Privacy, and I’ve spent most of my career building data governance programs for recognized brands like Paramount Pictures and Farmers Insurance. For a film studio, that’s producing content, and entertaining your audience.

Insurance 52

Insurance Blockchain Privacy Big data 52

IBM Big Data Hub

JULY 7, 2023

Data protection and data privacy Data protection , defined as protecting important information from corruption, damage or loss, is critical because data breaches resulting from cyberattacks can include personally identifiable information (PII), health information, financial information, intellectual property and other personal data.

Security 40

Security Data breaches Data Privacy Compliance 40

IBM Big Data Hub

FEBRUARY 14, 2024

IBM Research is working to help its customers use generative models to write high-quality software code faster, discover new molecules , and train trustworthy conversational chatbots grounded on enterprise data. This way, they are also able to calculate the risk of an individual or entity and calculate the appropriate insurance rate.

Artificial Intelligence 83

Artificial Intelligence Retail Unstructured data Insurance 83

Bill Schmarzo - Dell EMC

FEBRUARY 14, 2018

If you complete the full Fluvastatin prescription, then we’ll reduce your monthly healthcare insurance payment by 5%.”. Check out “ The New Normal: Big Data Business Model Disintermediation and Disruption ” for more details on business model disruption and customer disintermediation. Figure 4: Optimizing the Customer Lifecycle.

Artificial Intelligence 102

Artificial Intelligence Analytics Customer Experience Big data 102

AIIM

NOVEMBER 13, 2017

Why would an insurance customer accept submitting data for an insurance claim in paper and then waiting for days/weeks as in the past. Petra Beck : The exponential growth of what can be described as data chaos, or “big data” doesn’t allow workarounds. Consumerization drives these changing requirements.

Digital transformation 104

Digital transformation B2C Insurance Paper 104

IBM Big Data Hub

JANUARY 16, 2024

One example of this is in insurance. Since AI has an ability to find trends in data, AI helps insurers create personalized products which could lead to more accurate risk assessments and ease insurance costs for individuals.

Financial Services 49

Financial Services Customer Experience Cloud Digital transformation 49

ARMA International

FEBRUARY 21, 2020

On the downside, because of their almost constant presence, the devices can facilitate an all-encompassing capture of personal information, intended and unintended, which, for example, can run afoul of workplace privacy laws. As with other connected devices, the tracked data can be hacked, breached, or otherwise exploited.

Computer and Electronics 105

Computer and Electronics Privacy Artificial Intelligence IoT 105

IBM Big Data Hub

NOVEMBER 20, 2023

Addressing security and compliance concerns When it comes to generative AI, enterprises are also concerned about the potential exposure of sensitive data. For example, 45% of cloud leaders cited concerns about cybersecurity or privacy and confidentiality of data and information as the key obstacle in their push to implement generative AI.

Cloud 86

Cloud Digital transformation Data structuring Marketing 86

Information Governance Perspectives

MAY 25, 2020

The following is an exclusive excerpt from the book “Tomorrow’s Jobs Today: Wisdom and Career Advice from Thought Leaders in AI, Big Data, Blockchain, the Internet of Things, Privacy, and More” available soon from John Hunt Publishing. Rafael Moscatel, CIPM, CRM, IGP, is the Managing Director of Compliance and Privacy Partners.

Digital transformation 52

Digital transformation Blockchain Privacy Big data 52

Reltio

MAY 20, 2022

Some of the world's top enterprises now run on Reltio, including 14 of the Fortune 100, and 9 of the top 10 pharmaceutical companies and several globally recognized customers, including AstraZeneca, Takeda, Empire Life Insurance, and Fulton Bank, switched from legacy to modern MDM solutions. Legacy MDM - There’s a Better Answer.

MDM 75

MDM Customer Experience Cloud Insurance 75

IBM Big Data Hub

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more.

Cloud 74

Cloud Financial Services Risk Business Services 74

IBM Big Data Hub

AUGUST 16, 2023

These include security and data leakage, confidentiality and liability concerns, intellectual property complexities, compliance with open-source licenses, limitations on AI development, and uncertain privacy and compliance with international laws. which underscores the importance of data privacy and ownership in the enterprise.

Risk 53

Risk Artificial Intelligence Compliance Privacy 53

Data Matters

DECEMBER 6, 2019

As traditional lenders and financial technology companies continue to explore innovative underwriting criteria, they should remain cognizant of the Agencies’ tepid endorsement of the use of certain types of alterative data, as well as the compliance risks that may be implicated.

Compliance 60

Compliance Insurance Risk Access 60

Data Matters

DECEMBER 6, 2019

As traditional lenders and financial technology companies continue to explore innovative underwriting criteria, they should remain cognizant of the Agencies’ tepid endorsement of the use of certain types of alterative data, as well as the compliance risks that may be implicated.

Compliance 60

Compliance Insurance Risk Access 60

Information Matters

NOVEMBER 27, 2018

Moreover, banks have experience in safeguarding privacy through their commitment to confidentiality. Finally, banks tend to have more local and personal relationships with their clients in ways that might make users feel safer than trusting their data to an international corporation.

Artificial Intelligence 40

Artificial Intelligence Insurance Big data GDPR 40

Data Matters

SEPTEMBER 24, 2019

Today, more than 120 countries have privacy and data protection laws or regulations in place. Many of the new or modernized laws tend to be based on comprehensive legislation, rather than sectoral rules, as data needs to move across industry groups and borders. Data privacy officer.

Personal data 68

Personal data GDPR Data Privacy Privacy 68

Bill Schmarzo - Dell EMC

FEBRUARY 14, 2018

If you complete the full Fluvastatin prescription, then we’ll reduce your monthly healthcare insurance payment by 5%.”. Check out “ The New Normal: Big Data Business Model Disintermediation and Disruption ” for more details on business model disruption and customer disintermediation. Figure 4: Optimizing the Customer Lifecycle.

Analytics 40

Analytics Artificial Intelligence Customer Experience Big data 40

Hunton Privacy

JANUARY 26, 2012

The Commissioner cautioned against allowing data protection compliance to fall by the wayside in the current, tough economic climate, especially given the inevitable reputational damage caused by big data breaches and the ICO’s power to impose fines.

FOIA 40

FOIA Insurance Big data Data breaches 40

Information Governance Perspectives

MAY 8, 2020

ON LEADERSHIP OPPORTUNITIES AMIDST THE CONVERGENCE OF TECHNOLOGY AND REGULATORY PRESSURES… Although it’s not yet mainstream in every business, we do know that Big Data, IoT, and other emerging technologies are certainly driving some of the need for IG professionals.

Education 52

Education Digital transformation Search queries Information governance 52

Reltio

MARCH 11, 2019

This year the event offered three tracks – Modern Data Management, Personalize Customer 360 , and Healthcare & Life Sciences. This year’s theme was “ Organize Master Data. You Need to Tap Into All Your Data. Manish Sood , CEO, Reltio – State of Master Data Management – Privacy, Trust, Experience.

Digital transformation 40

Digital transformation Financial Services Data science Retail 40