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The risks and limitations of AI in insurance

IBM Big Data Hub

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. Technological risk—data confidentiality The chief technological risk is the matter of data confidentiality.

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Many Public Salesforce Sites are Leaking Private Data

Krebs on Security

The data exposures all stem from a misconfiguration in Salesforce Community that allows an unauthenticated user to access records that should only be available after logging in. A researcher found DC Health had five Salesforce Community sites exposing data. Unfortunately, I did not receive any responses from government organizations.”

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Examples of IBM assisting insurance companies in implementing generative AI-based solutions  

IBM Big Data Hub

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

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Do more with trusted data: Join us at Data Citizens ’24

Collibra

That is why we believe trusted data is more important now than ever before. With the increased focus on AI, organizations need to prepare for the future with strong AI governance to mitigate risks and increase ROI. Introducing Data Citizens ‘24 Many organizations are just at the beginning of their AI governance journey.

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Delivering business value for insurance companies

Collibra

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.

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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

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Data catalogs, data governance, and the journey to data intelligence

Collibra

From the CDO to the data analyst to front-line customer support, everyone is using data to do their job and advance their organizational goals. Increasingly, data leaders require data intelligence to achieve success. But you can’t implement data intelligence if your data isn’t governed.