IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Read to learn more about cloud adoption within financial services?

Cloud 80

Cloud Financial Services Risk Business Services 80

Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp. Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Krebs on Security

JUNE 18, 2021

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance 280

Insurance Risk Financial Services Mining 280

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.

Digital transformation 147

Digital transformation Compliance Risk Security 147

The Last Watchdog

APRIL 3, 2019

Identity governance and administration, or IGA , has suddenly become a front-burner matter at many enterprises. Related: Identity governance issues in the age of digital transformation. This is, in large part, because the complexity of business networks continues to escalate at a time when compliance mandates are intensifying.

Digital transformation 140

Digital transformation Insurance Compliance Healthcare 140

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

Collibra

MARCH 11, 2021

Data governance is a very intricate field, so implementing and sustaining data governance comes with a suite of challenges. Luckily, thousands, if not millions, of organizations use data governance to improve their operations, so you can learn from others’ mistakes and successes. Focus on the operating model.

Government 59

Government Communications Insurance Customer Experience 59

Collibra

APRIL 11, 2022

Data governance is a very intricate field, so implementing and sustaining data governance comes with a suite of challenges. Luckily, thousands, if not millions, of organizations use data governance to improve their operations, so you can learn from others’ mistakes and successes. What are data governance best practices?

Government 52

Government Communications Insurance Customer Experience 52

Data Matters

JUNE 24, 2021

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. This resolution highlights the SEC’s continued focus on cybersecurity. 20, 2017).

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

DLA Piper Privacy Matters

FEBRUARY 28, 2022

Most incidents reported originate from the private sector ( 3,667 ), with 2,707 incidents reported from public sector organisations in Ireland such as public sector bodies, banks, insurance and telecom companies. The DPC continued to investigate and assess a number of websites for compliance with ePrivacy Regulations in 2021.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

Thales Cloud Protection & Licensing

APRIL 1, 2021

Today’s remote working environment relies heavily on the collaborative sharing of information, challenging organizations to maintain the security of confidential data and regulatory compliance while driving employee productivity. Enhanced control and security over sensitive data in Microsoft Azure with Luna HSMs.

Encryption 79

Encryption Compliance Cloud GDPR 79

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. Third-party governance.

Compliance 67

Compliance Risk Government Retail 67

Data Protection Report

NOVEMBER 16, 2022

BIPA exempts certain types of entities, namely, organizations that are governed by certain federal laws including the X-Ray Retention Act, the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”), and the Gramm-Leach-Bliley Act (“GLBA”). Who is covered by BIPA? 740 ILCS 14/25(b)-(c). DePaul University , Case No.

Financial Services 98

Financial Services Privacy Compliance Insurance 98

Data Matters

OCTOBER 8, 2020

According to OFAC, ransomware attacks have been increasing over the last two years and are a special risk during the COVID-19 pandemic, with cybercriminals targeting not only large corporations but also small to medium enterprises, hospitals, schools, and local government agencies. Since 2015, the U.S. Notable sanctions designations include.

Ransomware 68

Ransomware Compliance Risk Government 68

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Maintaining Regulatory Compliance. Also read : Top Governance, Risk, and Compliance (GRC) Tools for 2022. Risk Management Process. Enhancing Risk Management.

Risk 127

Risk Cybersecurity Encryption Access 127

Info Source

MAY 21, 2020

With powerful synergies, Ephesoft and Alfresco are heavily focused on solving content acquisition and management challenges in government and specifically in federal and public sectors, financial services, insurance, manufacturing and healthcare, among other industries. About Ephesoft.

Digital transformation 52

Digital transformation Content services Artificial Intelligence Insurance 52

Hunton Privacy

FEBRUARY 6, 2015

Conducted by the SEC Office of Compliance Inspections and Examinations (“OCIE”) from 2013 through April 2014, the examinations inspected the cybersecurity practices of 57 registered broker-dealers and 49 registered investment advisers through interviews and document reviews.

Cybersecurity 40

Cybersecurity Insurance Financial Services Risk 40

DLA Piper Privacy Matters

AUGUST 23, 2021

However, as with all China laws, the PIPL is drafted as high level principles, and we anticipate additional guidelines will be published in the coming months outlining the practical compliance steps organisations will need to take when updating their China data protection compliance programmes.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

Data Matters

SEPTEMBER 4, 2019

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

Insurance 68

Insurance Paper Risk Analytics 68

IT Governance

FEBRUARY 21, 2024

Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Patch Tuesday: Microsoft patches two zero-day vulnerabilities In February’s Patch Tuesday release, Microsoft addressed 73 vulnerabilities, including two zero-day and five critical vulnerabilities.

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

Data Protection Report

APRIL 2, 2020

On March 10, 2020, the New York Department of Financial Services (NYDFS) issued guidance to all of its regulated institutions engaged in virtual currency business activity, requiring them to have plans for preparedness to manage the possible operational and financial risks posed by the COVID-19 pandemic.

Risk 59

Risk Communications Authentication Financial Services 59

CGI

MAY 26, 2016

The case is a clear signal that the SEC is taking cybersecurity seriously, and most compliance professionals expect more enforcement actions this year. Overlapping SEC and FINRA cybersecurity-related requirements target the following areas: Governance and risk assessment. Impacted areas. Access rights, controls and confidentiality.

Cybersecurity 40

Cybersecurity Risk Financial Services Compliance 40

ARMA International

APRIL 18, 2022

The purpose of this article is to remove the fear and intimidation of domestic and global data protection laws and show how these laws and requirements are consistent with the existing objectives of your records retention schedule and information governance policy. Definition and Purpose of a Records Retention Schedule.

Personal data 100

Personal data GDPR Privacy Records Management 100

KnowBe4

FEBRUARY 14, 2023

Blog post with links: [link] [NEW WHITE PAPER] 10 Tips to Run a Successful Compliance Training Program Has compliance training been a continuous challenge to get right? Many organizations have struggled with implementing compliance training that is effective, easy to deliver and something that their users get excited about.

Phishing 85

Phishing Security awareness Compliance Risk 85

Info Source

AUGUST 5, 2019

For example, financial services institutions are challenged with onboarding new customers for products including mortgages, consumer credit offerings, traditional banking services and investment products. We call this Digital IQ for the enterprise. The use cases for Digital IQ cross all industry boundaries.

Digital transformation 40

Digital transformation Mining Artificial Intelligence Marketing 40

eSecurity Planet

FEBRUARY 16, 2021

This includes active tagging of workloads, threat hunting , and virus assessments, and consistent evaluation of traffic for mission-critical applications, data, or services. CASBs provide added visibility, compliance, data security, and threat protection in securing your data. Utilize a CASB. Rapid Response Testing. Statistics.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

CGI

JUNE 15, 2016

The benefits are not only operational cost savings through the reduction in labour hours but more importantly to the organisations that have been early RPA adopters who have documented increases in process throughput, reduction in process backlogs, improvements in regulatory compliance and the elimination of errors and process variation.

Financial Services 40

Financial Services Retail Insurance Government 40

Data Matters

FEBRUARY 25, 2021

The FCA has provided new guidance for PIs and EMIs using the “insurance or comparable guarantee” method of safeguarding. This includes a requirement that the insurance policy or comparable guarantee must pay out for the full amount of any claim regardless of how the relevant insolvency event occurs (including if the firm is at fault).

Authentication 68

Authentication Paper Risk Insurance 68

Reltio

JULY 2, 2019

Particularly the data governance side is beginning to be seen as really important. For example as a young analyst at N&P I built a model for Home and Contents Insurance in order to better understand our retention strategies.

Analytics 58

Analytics Insurance Artificial Intelligence Data science 58

Data Matters

AUGUST 5, 2019

Furthermore, although entities that already comply with the breach notification requirements under certain state or federal laws (such as the Health Insurance Portability and Accountability Act (HIPAA), the New York Department of Financial Services cybersecurity regulations (23 N.Y.C.R.R.

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

Data Matters

JANUARY 2, 2018

In Carpenter , the government obtained months’ worth of a suspect’s cell phone location records pursuant to the Stored Communications Act (SCA). Carpenter argues that the government is required to receive a warrant under the Fourth Amendment for his location records.

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 68

Data Protection Report

MARCH 7, 2024

The proposed definition of “listed identifier” is Full or truncated government identification or account number (such as a Social Security Number, driver’s license or state identification number, passport number, or Alien Registration Number) [Note that this definition apparently includes truncated Social Security Numbers.]

Access 58

Access Military Compliance Personal data 58

Reltio

MAY 14, 2019

If you ask people about data management and all they talk about is governance then you know they are only being driven by regulation or a concern. A truly mature company embraces governance and innovation and they are designed in together, not bolted on and only way you can do that is via data strategy. “A

Big data 45

Big data Government Cloud IT 45

Reltio

MARCH 19, 2019

It will be possible to put more emphasis on the people, process and data governance which really make MDM live and breathe.”. We teach that problem solving is at the core of MDM, and how important data governance principles are regardless of the configuration of the underpinning technology.”. Prioritise people, process and governance.

MDM 75

MDM Retail IT Government 75

erwin

FEBRUARY 7, 2019

As such, traditional – and mostly manual – processes associated with data management and data governance have broken down. They are time-consuming and prone to human error, making compliance, innovation and transformation initiatives more complicated, which is less than ideal in the information age.

Metadata 96

Metadata Healthcare Insurance Financial Services 96

eSecurity Planet

SEPTEMBER 16, 2022

Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution. In its 2021 Threat Force Intelligence Index , IBM reported that manufacturing and financial services were the two industries most at risk for attack, making up 23.2% of attacks IBM handled, respectively.

Analytics 109

Analytics Risk Authentication Financial Services 109