IBM Big Data Hub

DECEMBER 4, 2023

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.

Insurance 56

Insurance Digital transformation Compliance Cloud 56

IBM Big Data Hub

MAY 8, 2023

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. As AI technologies continues to mature and use cases expand, insurers should not shy from the technology.

Insurance 73

Insurance Risk Artificial Intelligence Government 73

IBM Big Data Hub

MARCH 20, 2024

With more dependency on technology and third and fourth parties, expectations are increasing for organizations to continue delivering critical business services through a major disruption in a safe and secure manner. This means actively minimizing downtime and closing gaps in the supply chain to remain competitive. Similarly, in the U.S.

Cloud 80

Cloud Financial Services Risk Business Services 80

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. The adoption of cloud computing is a way to improve the security and the resilience of ICT services.

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

Thales Cloud Protection & Licensing

MARCH 5, 2023

In the fragmented insurance landscape, let’s unify customer experience divya Mon, 03/06/2023 - 06:13 You may think of an insurance company as a singularly-focused entity, offering protection for one product. However, the insurance business reaches across a disparate range of consumer products. To add to the challenge, a.s.r.

Customer Experience 71

Customer Experience Insurance B2C B2B 71

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.

Insurance 59

Insurance Cloud Data science Analytics 59

IBM Big Data Hub

NOVEMBER 20, 2023

In 2023, organizations have faced an unprecedented level of pressure to digitally transform with the rise of generative AI as well as imperatives such as sustainability, labor productivity and security. For many organizations, the answer is a hybrid cloud approach. With the rise of generative AI comes an influx of data.

Cloud 91

Cloud Digital transformation Data structuring Marketing 91

Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. I recently spoke with Neira Jones and Danna Bethlehem about how cybersecurity insurance can work to help an organization. regulations.

Insurance 71

Insurance Cybersecurity Cleanup Ransomware 71

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. Mobius is a modular, API-led platform that supports complete content lifecycle management in private, public or hybrid cloud as well as on-premises environments.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

Data Breach Today

MARCH 17, 2023

Also: Blackbaud Fined; DOJ Reproaches Federal Contractor for Lax Security In the latest weekly update, ISMG editors discuss how the Silicon Valley Bank crash will affect innovation in the cybersecurity space, why the SEC fined cloud provider Blackbaud $3 million for its "erroneous" breach details, and why the feds fined a web hosting firm in a kids' (..)

Cybersecurity 148

Cybersecurity Insurance Cloud Security 148

IBM Big Data Hub

FEBRUARY 2, 2023

The rise of cloud has allowed data warehouses to provide new capabilities such as cost-effective data storage at petabyte scale, highly scalable compute and storage, pay-as-you-go pricing and fully managed service delivery. Companies are shifting their investments to cloud software and reducing their spend on legacy infrastructure.

Cloud 57

Cloud Analytics Unstructured data Compliance 57

IT Governance

DECEMBER 14, 2021

With organisations’ cyber security requirements becoming more complex and the threat of cyber attacks growing each year, many decision-makers are turning towards cyber security as a service. This approach, also known as managed cyber security, works by outsourcing cyber security to a third party. You’ll save money.

Security 131

Security Insurance Data breaches Information Security 131

Data Breach Today

JULY 11, 2018

Carlos Pero of Zurich Insurance on Protecting the 'Castle' As a result of cloud computing and the internet of things, the approaches to security for websites must change, says Carlos Pero of Zurich Insurance.

Insurance 100

Insurance Security Cloud 100

The Last Watchdog

AUGUST 8, 2022

Related: The coming of a ‘bio digital twin” Over the last decade, we have seen the introduction of 4G and 5G telecommunication service, the iPad, Instagram, and the introduction, acceptance, and adoption of cloud services from Microsoft, Google, and Amazon, as well as cloud computing. Access security challenges.

Security 214

Security Artificial Intelligence Risk Cybersecurity 214

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

Insurance 70

Insurance Cybersecurity Risk Education 70

Krebs on Security

AUGUST 29, 2019

based PerCSoft is a cloud management provider for Digital Dental Record (DDR), which operates an online data backup service called DDS Safe that archives medical records, charts, insurance documents and other personal information for various dental offices across the United States. West Allis, Wis.-based

Ransomware 223

Ransomware Insurance Encryption Cloud 223

IT Governance

JULY 15, 2019

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures. Protect data in transit.

Insurance 89

Insurance Data breaches Risk Information Security 89

OpenText Information Management

MAY 10, 2024

If it’s not accurate, accessible, and secure, organizations won’t get the desired results. Since AI relies on data to learn and improve, organizations must ensure their data is accurate, accessible, and secure. Examples include names, mailing addresses, phone numbers, social insurance numbers, and credit card details.

Security 57

Security Artificial Intelligence Privacy Compliance 57

The Last Watchdog

JUNE 2, 2022

Big banks and insurance companies instilled the practice of requesting their third-party vendors to fill out increasingly bloated questionnaires, called bespoke assessments, which they then used as their sole basis for assessing third-party risk. It does this by ingesting and correlating data from a wide array of security-related datasets.

Security 266

Security Risk Digital transformation Insurance 266

Schneier on Security

APRIL 12, 2018

Good article about how difficult it is to insure an organization against Internet attacks, and how expensive the insurance is. In my new book -- out in September -- I write: There are challenges to creating these new insurance products. There are two basic models for insurance.

Insurance 49

Insurance Cybersecurity Data breaches Retail 49

Threatpost

NOVEMBER 30, 2021

The insurer won’t pay for 'acts of cyber-war' or nation-state retaliation attacks. .

Insurance 96

Insurance Cloud Government Security 96

Info Source

JANUARY 27, 2021

Rigorous Certification for Square 9’s Data and Information Security Policies and Procedures. Square 9 remains committed to providing industry-leading, cloud-enabled solutions for our cloud customers. The pandemic may have sped up the need for many organizations to move their records management strategy to the cloud.

Cloud 52

Cloud ECM Digital transformation Compliance 52

Security Affairs

JULY 24, 2022

A new round of the weekly Security Affairs newsletter arrived! Every week the best security articles from Security Affairs for free in your email box. The post Security Affairs newsletter Round 375 by Pierluigi Paganini appeared first on Security Affairs. Follow me on Twitter: @securityaffairs and Facebook.

Security 93

Security Ransomware Insurance Analytics 93

eSecurity Planet

FEBRUARY 14, 2023

I remember the first time we were asked for a SOC 2 report, which quickly became the minimum bar requirement in our industry for proof of an effective security program,” he said. The vision was to automate security and compliance across 14 frameworks, including SOC 2, ISO 27001, HIPAA and GDPR. Growth has definitely been robust.

Compliance 100

Compliance Security Cybersecurity Marketing 100

Schneier on Security

SEPTEMBER 26, 2022

Depending on the website you visit, the form data may itself include PII­—including but not limited to Social Security Numbers (SSNs)/Social Insurance Numbers (SINs), name, address, email, date of birth (DOB), contact information, bank and payment information, and so on.

Passwords 114

Passwords Insurance Cloud Security 114

The Last Watchdog

AUGUST 22, 2019

A core security challenge confronts just about every company today. Companies are being compelled to embrace digital transformation, or DX , if for no other reason than the fear of being left behind as competitors leverage microservices, containers and cloud infrastructure to spin-up software innovation at high velocity.

Digital transformation 147

Digital transformation Compliance Risk Security 147

Krebs on Security

APRIL 27, 2023

Salesforce Community is a widely-used cloud-based software product that makes it easy for organizations to quickly create websites. Carbee said the vulnerable sites were all created rapidly in response to the Coronavirus pandemic, and were not subjected to their normal security review process.

Access 290

Access Authentication Information Security Communications 290

Dark Reading

APRIL 27, 2023

Compliance acts as primary driver for obtaining cyber insurance, but budget constraints hinder efforts.

Insurance 56

Insurance Cloud Compliance Cybersecurity 56

The Last Watchdog

OCTOBER 5, 2023

Byron is the founder and editor-in-chief of The Last Watchdog on Privacy & Security. A shift from legacy, perimeter-focused network defenses to dynamic, interoperable defenses at the cloud edge, directed at ephemeral software connections, must fully play out. Their dual-edged nature demands careful implementation and management.

Cybersecurity 203

Cybersecurity Privacy Cloud IoT 203

Hunton Privacy

APRIL 13, 2012

The parties previously had agreed to work together to develop practical requirements for a secure cloud solution, and to implement appropriate security measures in the “Trusted German Insurance Cloud.”

Insurance 40

Insurance Cloud Paper Information Security 40

IT Governance

SEPTEMBER 1, 2021

Cyber security is becoming an expensive endeavour for organisations – and in many cases, the costs are so high that they can’t deal with threats appropriately. However, it’s one thing to want to invest in cyber security, but something else entirely to set aside the budget to do so. What is cyber security as a service?

Security 124

Security GDPR Cloud Insurance 124

IT Governance

SEPTEMBER 15, 2021

A UK government report published last year found that 48% of organisations lacked the expertise to complete routine cyber security practices. The report also found that 30% of organisations had skills gaps in more advanced areas, such as penetration testing, forensic analysis and security architecture.

Security 122

Security Insurance Education Government 122

IBM Big Data Hub

OCTOBER 30, 2023

AWS, on the other hand, provides robust, scalable cloud infrastructure. By combining IBM’s advanced data and AI capabilities powered by Watsonx platform with AWS’s unparalleled cloud services, the partnership aims to create an ecosystem where businesses can seamlessly integrate AI into their operations.

Analytics 85

Analytics Retail Cloud Insurance 85

OpenText Information Management

JANUARY 12, 2021

Fax is so secure that faxed documents and signatures are recognized in the courts as being legally binding. For example, in … The post Three use cases for cloud fax in financial services appeared first on OpenText Blogs. The paper problem Financial services workflows have always been heavily paper-based.

Financial Services 89

Financial Services Cloud Customer Experience Paper 89

Krebs on Security

MARCH 2, 2021

based PrismHR handles everything from payroll processing and human resources to health insurance and tax forms for hundreds of “professional employer organizations” (PEOs) that serve more than two million employees. 28, and that it disabled access to its platform for all users in an effort to contain the security incident.

Ransomware 296

Ransomware Insurance Cloud Encryption 296

Security Affairs

NOVEMBER 2, 2023

Cloud identity and access management solutions provider Okta warns nearly 5,000 employees that their personal information was exposed due to a data breach suffered by the third-party vendor Rightway Healthcare. ” Exposed data include name, Social Security Number, and health or medical insurance plan number.

Data breaches 117

Data breaches Insurance Access Authentication 117

Thales Cloud Protection & Licensing

OCTOBER 5, 2022

Along with celebrating Cyber Security Awareness Month, several exciting events are taking place across the world, aiming to educate people on the latest trends in cybersecurity and privacy. GITEX GLOBAL is the biggest security and technology event and exhibition in the Middle East. Google Cloud NEXT, 11-13 October, Hybrid.

Cybersecurity 87

Cybersecurity Cloud Digital transformation Sales 87