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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage. Cyber Insurance is Booming.

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Checklist for Getting Cyber Insurance Coverage

Thales Cloud Protection & Licensing

Checklist for Getting Cyber Insurance Coverage. The necessity for cyber-insurance coverage. With cyber attacks amounting to a question of when and not if, cyber insurance becomes crucial for ensuring business continuity and mitigating the business impact of attacks – should they occur. Tue, 05/10/2022 - 05:43.

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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. Usage risk—inaccuracy The performance of an AI system heavily depends on the data from which it learns.

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Evolution of Cloud Security: From Shared Responsibility to Shared Fate

Thales Cloud Protection & Licensing

Evolution of Cloud Security: From Shared Responsibility to Shared Fate. Over the past year and a half, we have witnessed seismic changes with the accelerated adoption of the cloud and the shift to hybrid working. What is important to understand is that cloud transformation is no longer just another buzzword.

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CIAM in insurance: A unified, secure user experience with a single login

Thales Cloud Protection & Licensing

CIAM in insurance: A unified, secure user experience with a single login madhav Fri, 05/26/2023 - 07:33 In recent years, the insurance industry has transformed from a singularly focused entity to a multi-brand or multi-service type of business. Adding value to the user experience (a top priority for 59% of insurers) 2.

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Insurance Customers’ Personal Data Exposed Due to Misconfigured NAS Server

Threatpost

The vulnerability also exposed login credentials for a massive national insurance claims database, Upguard says.

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Top financial services trends of 2024

IBM Big Data Hub

What generative AI has done is open a new world of innovations that can help personalize financial planning and investment management. One example of this is in insurance. More organizations will likely be transitioning to hybrid cloud models for their workloads and to further manage and conduct compliance tasks.