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

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

Armstrong Archives

DECEMBER 19, 2023

Whether it’s maintaining regulatory compliance or simply making tax season easier, an effective record retention strategy is paramount. Regular training sessions ensure that new employees are informed and existing staff are reminded of their responsibilities, reducing the risk of non-compliance.

Compliance 52

Compliance Archiving Digital transformation Sales 52

The Last Watchdog

APRIL 8, 2024

Related: The ‘cyber’ case for D&O insurance Vanessa Pegueros knows this all too well. If the CISO wants to drive better compliance, then they talk about how compliance is key to enabling sales and how the customers are demanding compliance to do business with the company.

Compliance 166

Compliance Cybersecurity Risk Mining 166

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

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

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. Document an incident response plan.

Insurance 89

Insurance Data breaches Risk Information Security 89

IT Governance

MAY 30, 2018

The EU General Data Protection Regulation (GDPR) is designed to harmonise data protection laws across the EU, but certain industries will have to respond differently in order to achieve compliance. A report published by research and consultancy company Celent highlights the challenges that the GDPR presents to insurers.

Insurance 49

Insurance GDPR Compliance Data collection 49

Collibra

JANUARY 14, 2022

When GDPR (General Data Protection Regulation) came into effect in 2016, organizations took time to understand and plan their compliance efforts. With huge fines up to 4% of a company’s annual turnover looming large for non-compliance, companies have been turning to automated solutions for compliance.

Compliance 52

Compliance Government GDPR Personal data 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

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. One example is Redis, which stands for R e mote Dictionary Server.

Digital transformation 117

Digital transformation Compliance Risk Security 117

AIIM

JULY 24, 2018

Three Critical Steps for GDPR Compliance. GDPR Compliance Starts with Data Discovery. There are a number of areas where GDPR strengthens compliance obligations and imposes additional legal liabilities. This is the 11th post in a series on privacy by Andrew Pery. Data Privacy and Open Data: Secondary Uses under GDPR.

GDPR 83

GDPR Compliance Privacy Data Privacy 83

DLA Piper Privacy Matters

MAY 17, 2018

The guide reviews the insurability of GDPR fines across Europe, which can reach up to €20 million or, if higher, up to 4% of a group’s annual global turnover. It also looks at insurability of costs associated with GDPR non-compliance (e.g. Criminal penalties are almost never insurable.

Insurance 45

Insurance GDPR Data breaches Personal data 45

Data Protection Report

DECEMBER 4, 2023

For example, third parties may be retained to perform payroll activities, store data in a centralized location, or send targeted advertisements to consumers. DPAs ensure compliance with privacy laws by creating obligations for the data processor to maintain the same level of data protection for the controller and the data subjects.

Insurance 62

Insurance Privacy Compliance Personal data 62

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

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Compliance management.

Compliance 57

Compliance Risk Government Retail 57

HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Hunton Privacy

JUNE 13, 2023

On June 6, 2023, the Federal Deposit Insurance Corporation (“FDIC”), the Board of Governors of the Federal Reserve System (“FRB”) and the Office of the Comptroller of the Currency (“OCC”) issued their final Interagency Guidance on Third-Party Relationships (“Guidance”).

Risk 64

Risk Insurance Compliance Information Security 64

IT Governance

FEBRUARY 22, 2022

For example, organisations that implement an ISMS will: Reduce information security costs. For example, the prevention of data breaches begins with risk management, in which an organisation identifies its information assets and the ways they can be compromised. For example, a cyber criminal leveraging a software flaw.

Information Security 138

Information Security Security Data breaches Risk 138

eSecurity Planet

MARCH 18, 2022

In this article, we’ll briefly touch on what policies are; tips for writing them; and the advantages policies provide for compliance, transitions, and IT team liability. Policies can cover multiple technologies, but should be labeled clearly for internal and compliance auditor reference. Written Policies vs. Implemented IT Policies.

IT 112

IT Compliance Security Access 112

Krebs on Security

JUNE 4, 2019

AMCA has advised LabCorp that Social Security Numbers and insurance identification information are not stored or maintained for LabCorp consumers.” Many readers wrote in to say they’d never heard of First American, but it is the largest title insurance company in the United States.

Insurance 242

Insurance Data Privacy Access Security 242

IT Governance

JANUARY 30, 2019

May 2018 brought a whirlwind of panic as organisations rushed to meet the compliance deadline, but it was followed by months of unnerving silence. In this blog, we recap the essentials of compliance, explaining how the Regulation works, who it applies to and how you can avoid the same mistakes that Google made. The basics.

GDPR 86

GDPR Compliance Personal data Data breaches 86

AIIM

JULY 22, 2021

For many businesses, content and data capture tools are highly sought out, particularly in the banking and insurance sectors. With so many different types of documents required to operate and adhere to compliances, the need for capturing data accurately and quickly, especially unstructured data, is ever growing.

Unstructured data 251

Unstructured data Information capture Insurance Compliance 251

Thales Cloud Protection & Licensing

JUNE 15, 2023

KMaaS providers typically offer features such as FIPS 140-2 certified Hardware Security Modules (HSMs) to ensure the highest security and compliance for sensitive keys. Sustained compliance: Encryption and effective key management are key requirements across all security and privacy regulations.

Encryption 133

Encryption Compliance Cloud Authentication 133

Armstrong Archives

AUGUST 25, 2023

The Health Insurance Portability and Accountability Act (HIPAA) ensures individuals’ health data protection and privacy. This includes insurance companies, nurses, and doctors. In this article, we’ll talk more about the HIPAA, the importance of compliance, some common HIPAA violations, and more!

Computer and Electronics 52

Computer and Electronics Insurance Compliance Risk 52

Thales Cloud Protection & Licensing

APRIL 11, 2023

IAM is no longer just a means to be compliance- and audit-friendly. It got the board’s attention because it was no longer a case of piecemeal operational efficiency improvement or compliance – it was a case of business continuity and survival. Imagine, for example, how onboarding a new employee could still happen over a Zoom call.

B2C 87

B2C B2B Retail Insurance 87

Thales Cloud Protection & Licensing

NOVEMBER 15, 2023

Maintaining compliance Airports face increased pressure to comply with an increased patchwork of government and airport-specific regulations to ensure the security and privacy of their staff and passengers. Enforce, sustain, and prove compliance with increasing regulatory and cyber insurance requirements.

Cybersecurity 87

Cybersecurity Authentication Access Compliance 87

IBM Big Data Hub

JANUARY 16, 2024

One example of this is in insurance. Since AI has an ability to find trends in data, AI helps insurers create personalized products which could lead to more accurate risk assessments and ease insurance costs for individuals.

Financial Services 51

Financial Services Customer Experience Cloud Digital transformation 51

AIIM

JULY 22, 2021

For many businesses, content and data capture tools are highly sought out, particularly in the banking and insurance sectors. With so many different types of documents required to operate and adhere to compliances, the need for capturing data accurately and quickly, especially unstructured data, is ever growing.

Unstructured data 189

Unstructured data Information capture Insurance Compliance 189

eSecurity Planet

NOVEMBER 18, 2022

For example some key questions to answer are: Who is responsible for the patch management process? To verify against external rules, the rough policy rules can be compared against necessary compliance frameworks (NIST, PCI DSS, etc.) Any rule that does not meet compliance requirements should be adjusted to comply with requirements.

Compliance 88

Compliance Cybersecurity Risk IT 88

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS). employees).

GDPR 100

GDPR e-Discovery Compliance Metadata 100

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78

IBM Big Data Hub

DECEMBER 8, 2023

Compliance risk: When an organization violates rules both internal and external, putting its reputation or finances at risk. Legal risk: This is a compliance risk that involves the organization breaking government rules, resulting in a risk of financial and reputational loss.

Risk 72

Risk Compliance Insurance IT 72

IBM Big Data Hub

NOVEMBER 20, 2023

Addressing security and compliance concerns When it comes to generative AI, enterprises are also concerned about the potential exposure of sensitive data. For example, 45% of cloud leaders cited concerns about cybersecurity or privacy and confidentiality of data and information as the key obstacle in their push to implement generative AI.

Cloud 90

Cloud Digital transformation Data structuring Marketing 90

eSecurity Planet

DECEMBER 7, 2023

3 Advantages of Encryption Encryption plays many roles in protecting data within the IT environment, but all uses provide three key advantages: compliance, confidentiality, and integrity. Compliance Many compliance standards require some form of encryption for data at rest and many also specify requirements for the transmission of data.

Encryption 95

Encryption IT Passwords IoT 95

AIIM

APRIL 21, 2022

It doesn’t matter if you’re an insurance company, local government agency, or something else. In tapping into the AIIM end-user community, we found impressive examples of that philosophy at work in leading organizations like Farmers Insurance, Ogilvy, and UnitedHealth Group.

Customer Experience 147

Customer Experience Digital transformation Insurance Government 147

IBM Big Data Hub

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

Insurance 104

Insurance Digital transformation Customer Experience Cloud 104