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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. This post summarizes the highlights from this meeting. NAIC Continues its Evaluation of Insurers’ Use of Big Data .

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6,009,014 MovieBoxPro Accounts Breached in Another Data Scraping Incident

IT Governance

Source 1 ; source 2 (Update) Insurance USA Yes 75,101 Airsoftc3.com Source 1 ; source 2 (Update) Insurance USA Yes 75,101 Airsoftc3.com Source (New) IT services USA Yes 1,382 Worthen Industries Source 1 ; source 2 (Update) Manufacturing USA Yes 1,277 R.J. Source (New) Manufacturing USA Yes Unknown Human Events.

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City of Dallas has set a budget of $8.5 million to mitigate the May Royal ransomware attack

Security Affairs

MILES/CBS NEWS TEXAS The Royal ransomware group is behind the attack and threatens to publish stolen data if the City will not meet its ransom demand. City of Dallas An image of the ransomware note received by the City of Dallas J.D. The Dallas City Council has approved a budget of $8.5 million to mitigate the ransomware attack.

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The Week in Cyber Security and Data Privacy: 20 – 26 November 2023

IT Governance

They notified SAP SE, which responded “in the most professional and efficient manner”, remediating the issue, launching an investigation and maintaining communications with Aqua Nautilus. The researchers discovered credentials that provided access to 95,592,696 artifacts, as well as download permissions and some deploy operations.

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Microsegmentation Is Catching On as Key to Zero Trust

eSecurity Planet

Microsegmentation is needed, Katz said, because traditional security measures simply aren’t sufficient to meet many of today’s challenges. Katz suggested that’s attributable to that industry’s focus on communication, which inevitably makes those companies a little slower to implement barriers.

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62% of organisations unaware of the GDPR

IT Governance

Almost two thirds (62%) of respondents hadn’t heard of the Regulation, and only about 10% had taken steps to meet its compliance requirements. The finance and insurance (79%), information or communications (67%) and education (52%) sectors have the highest awareness of the GDPR. Preparing for the GDPR.

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Generative AI use cases for the enterprise

IBM Big Data Hub

Before long, smartphones became a way of life for organizations worldwide because of all they offer for business productivity and communication. Healthcare, insurance and education are more hesitant due to the legal and compliance efforts to which they must adhere—and the lack of insight, transparency and regulation in generative AI.