Security Affairs
MAY 15, 2023
A previously unknown ransomware group known as RA Group is targeting companies in U.S. Cisco Talos researchers recently discovered a new ransomware operation called RA Group that has been active since at least April 22, 2023. The group has already compromised three organizations in the U.S. and one in South Korea.
IT Governance
AUGUST 25, 2022
Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.
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The Guardian Data Protection
NOVEMBER 7, 2022
Medibank has confirmed almost 500,000 health claims were accessed and the personal details of former and current customers were exposed when an unnamed group hacked into its system weeks ago. million current and former customers was hacked. million current and former customers was hacked.
IBM Big Data Hub
JUNE 23, 2023
Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.
Collibra
APRIL 9, 2021
Recapping a discussion moderated by Stijn Christiaens and featuring insurance data experts from Deloitte UK . Insurance is a data-intensive business. Insurance companies need data to better assess risks and price policies competitively, but also profitably. Drivers for cloud adoption.
Data Matters
JANUARY 14, 2019
On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”.
Data Matters
FEBRUARY 11, 2019
On December 28, 2018, Michigan adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law in the form of Michigan H.B. The Act defines licensees as persons authorized, registered, or licensed under Michigan insurance laws or required to be so. 6491 (Act). MCL § 500.550.
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