Data Breach Today

APRIL 30, 2019

Crunch Time as Deadline Approaches for CPS 234 Health insurers and financial institutions across Australia are in the final stretch of preparing for a cybersecurity regulation that looks to put companies on a strong footing amidst an increasingly hostile hacking environment.

Compliance 195

Compliance Insurance Cybersecurity 195

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

eSecurity Planet

FEBRUARY 14, 2023

It was also a drag on the sales cycle, and then there was the need for maintaining compliance. The vision was to automate security and compliance across 14 frameworks, including SOC 2, ISO 27001, HIPAA and GDPR. “Our GRC Market Defies Downturn There are some powerful drivers for the compliance and security automation market.

Compliance 115

Compliance Security Cybersecurity Marketing 115

Hunton Privacy

DECEMBER 16, 2022

On December 7, 2022, the Federal Trade Commission released an updated Mobile Health App Interactive Tool to help developers determine what federal laws and regulations apply to apps that collect and process health data.

Compliance 108

Compliance Insurance Privacy Access 108

Thales Cloud Protection & Licensing

MAY 26, 2023

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.

Insurance 71

Insurance Digital transformation Security Authentication 71

Thales Cloud Protection & Licensing

MAY 10, 2022

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.

Insurance 77

Insurance Authentication Risk Ransomware 77

IBM Big Data Hub

APRIL 24, 2024

An online retailer always gets users’ explicit consent before sharing customer data with its partners. A navigation app anonymizes activity data before analyzing it for travel trends. One cannot overstate the importance of data privacy for businesses today. The user can accept or reject each use of their data individually.

Data Privacy 83

Data Privacy Privacy GDPR Personal data 83

eSecurity Planet

MAY 27, 2021

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.

Insurance 128

Insurance Ransomware Risk Data science 128

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.”.

Insurance 68

Insurance Security Cybersecurity Data breaches 68

Information Governance Perspectives

APRIL 29, 2021

Tomorrow’s compliance leaders will be brave enough to scale the dangerous peaks of an increasingly competitive and ethically challenged mountain range. One of those leaders is Miguel Mairlot, an attorney and Data Protection Officer (DPO) with Ethikos Lawyers. compliance #privacy #dataprivacy.

Compliance 52

Compliance Insurance Privacy 52

Gimmal

MARCH 12, 2024

In today’s litigious business climate, the specter of legal disputes looms large, and the effective management of legal holds has become a critical component of corporate compliance. This blog post delves into the financial implications of inadequate legal holds and underscores the importance of compliance.

Compliance 52

Compliance e-Discovery Data preservation Risk 52

Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. For many years, organizations had limited options for addressing data protection risks. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. The function of cybersecurity insurance.

Insurance 71

Insurance Cybersecurity Cleanup Ransomware 71

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.

Insurance 68

Insurance Security Cybersecurity FOIA 68

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. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

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.

Insurance 61

Insurance Cloud Digital transformation Customer Experience 61

Collibra

JANUARY 14, 2022

Today, businesses collect and process large volumes of data. The concern of protecting this data, especially personal data , has been around for quite some time. The sheer volume of data and the increased proliferation of cloud technology has brought this concern to the fore again.

Compliance 52

Compliance Government GDPR Personal data 52

Reltio

JUNE 9, 2022

The insurance industry is facing unprecedented disruption. Insurance carriers have been called to transform customer experience, business offerings, and operations. As an insurer, your current business models are being challenged by new thinking, new competitors, and new ways of working.

Digital transformation 52

Digital transformation Insurance Customer Experience MDM 52

Data Protection Report

SEPTEMBER 23, 2021

The declining cost of electronic data storage may have caused some company executives to conclude that retaining personal data forever is “cheap.” The matter involved one of France’s largest insurers, SGAM AG2R LA MONDIALE, which was subject to an inspection by the French data protection authority (the CNIL), in 2019.

Personal data 110

Personal data Insurance GDPR Record destruction 110

Hunton Privacy

AUGUST 6, 2019

On August 2, 2019, New Hampshire Governor Chris Sununu signed into law SB 194 (the “Bill”), which requires insurers licensed in the state (“licensees”) to put in place data security programs and report cybersecurity events. These certifications, including supporting records, schedules and data, must be kept for a period of five years.

Insurance 81

Insurance Security Cybersecurity Information Security 81

Hanzo Learning Center

JUNE 28, 2022

Most people have heard of the Health Insurance Portability and Accountability Act (HIPAA), so it’s not surprising that companies dealing with digital health information will have to be HIPAA compliant. To do so, any protected health information (PHI) must be kept confidential, secure, and available when being stored or transmitted.

Archiving 98

Archiving Compliance Insurance Security 98

Data Matters

JULY 30, 2018

In October 2017, the National Association of Insurance Commissioners (NAIC) adopted an Insurance Data Security Model Law. On May 3, 2018, South Carolina became the first state to enact this Model Law, in the form of the South Carolina Insurance Data Security Act (H.B.

Insurance 60

Insurance Security Cybersecurity Data breaches 60

Data Protection Report

APRIL 30, 2024

The claims related to the company’s sharing personal data without consumer consent and making it very difficult for consumers to cancel their subscriptions to this telehealth service. The order also requires that the company destroy personal data for which it had not received consent and to create a document retention and destruction policy.

Personal data 85

Personal data Privacy Information governance Compliance 85

Hunton Privacy

SEPTEMBER 21, 2023

362 (“Act”), a bill that would impose new requirements on data brokers and grant residents new rights designed to facilitate control over their personal data. The Act would grant California consumers the right to request that data brokers (1) delete and (2) limit the further sale and sharing of consumers’ personal data.

Insurance 69

Insurance Personal data Sales Compliance 69

Armstrong Archives

DECEMBER 19, 2023

Whether it’s maintaining regulatory compliance or simply making tax season easier, an effective record retention strategy is paramount. Secure document disposal , as part of this comprehensive policy, protects against data breaches and maintains confidentiality, which is vital in today’s digital landscape.

Compliance 52

Compliance Archiving Digital transformation Sales 52

Data Matters

FEBRUARY 20, 2019

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance. Unlawful Discrimination.

Insurance 68

Insurance Financial Services Compliance Retail 68

Data Protection Report

DECEMBER 4, 2023

Processing such data is often outsourced to a third-party data processing service provider. For example, third parties may be retained to perform payroll activities, store data in a centralized location, or send targeted advertisements to consumers.

Insurance 63

Insurance Privacy Compliance Personal data 63

Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

AIIM

JULY 24, 2018

Data Privacy and Open Data: Secondary Uses under GDPR. Three Critical Steps for GDPR Compliance. Mitigate Data Privacy and Security Risks with Machine Learning. GDPR and Cross Border Data Flows between the EU and the US: Current State of the Law. GDPR Compliance Starts with Data Discovery.

GDPR 83

GDPR Compliance Privacy Data Privacy 83

Data Protection Report

OCTOBER 3, 2021

Effective October 1, 2021, an amendment [1] to the Connecticut General Statute concerning data privacy breaches, Section 36a-701b, will impact notification obligations in several significant ways. HIPAA and HITECH Deemed Compliance. Expanded Definition of “Personal Information”. Required Identity Theft Prevention Services.

Data breaches 142

Data breaches IT Insurance Passwords 142

DLA Piper Privacy Matters

SEPTEMBER 6, 2023

Authors: Carolyn Bigg, Gwyneth To and Rachel De Souza Start preparing now to comply with India’s new data protection law. The DPDP Act is India’s first comprehensive law on the protection of personal data and comes six years after the Supreme Court of India first declared a fundamental right to privacy in the Puttaswarmy case in 2017.

Personal data 111

Personal data GDPR Data breaches Compliance 111

Data Protection Report

JANUARY 19, 2022

With the growth of the high-tech industry worldwide, it is no surprise that more and more transactions involve the transfer of rights to access or control data and derivative data. In our previous update we discussed protecting business data in a commercial context. Due diligence concerns.

Compliance 131

Compliance Access Personal data Risk 131

Information Governance Perspectives

MAY 10, 2020

In May of 2020 I was honored to speak at the MERv conference with John Frost of Box on the topic of Using Information Governance with a Privacy Compliance Plan as the Fulcrum for Data Privacy and Continuous Compliance. Privacy makes data governance ethical and tangible, and compliance leaders understand that.

Compliance 52

Compliance Information governance Privacy Data Privacy 52

IT Governance

JULY 15, 2019

Cyber insurance is big business these days. With the ever-present danger of data breaches and cyber attacks, organisations must be sure that they have the financial backing to respond appropriately. The most common reasons that insurers reject cyber insurance claims are organisations’ failure to. Protect data in transit.

Insurance 89

Insurance Data breaches Risk Information Security 89

The Last Watchdog

AUGUST 22, 2019

On one hand, threat actors have already begun exploiting fresh attack vectors, borne of this rising complexity, and, on the other, government authorities and industry standards bodies are insisting on compliance with increasingly cumbersome data-handling security rules. it’s almost a perfect storm.

Digital transformation 147

Digital transformation Compliance Risk Security 147

AIIM

OCTOBER 15, 2018

In a recent AIIM webinar, Craig Le Clair, Forrester VP and Principle Analyst, and Florian Vondal, Allianz Solution Architect, took a closer look at the “esign of the times” and what must be considered when attempting to accelerate e-signature adoption enterprise-wide and meet global compliance. Millennials or Generation X).

Compliance 109

Compliance Insurance Digital transformation Authentication 109

Thales Cloud Protection & Licensing

MARCH 6, 2018

Every year, new regulations and compliance orders come into play that impact businesses across the world. This year, the major regulation that will be implemented, is the European Union’s General Data Protection Regulation (GDPR) , which takes effect on May 25, 2018. And this isn’t just happening in New York.

Compliance 88

Compliance GDPR Encryption Data Privacy 88

Data Matters

AUGUST 23, 2018

On 21 August 2018, the Dutch Supervisor Authority announced that it had conducted an investigation into the designation of a Data Protection Officer (DPO) under the General Data Protection Regulation (GDPR) by 91 hospitals and 33 healthcare insurers in the Netherlands.

GDPR 60

GDPR Compliance Insurance Communications 60