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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

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.

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CyberheistNews Vol 13 #13 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks

KnowBe4

Security awareness training still has a place to play here." New-school security awareness training with simulated phishing tests enables your employees to recognize increasingly sophisticated phishing attacks and builds a strong security culture. Get a look at THREE NEW FEATURES and see how easy it is to train and phish your users.

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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

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.

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Why Modernization Must Start with Your Employee Workflows

Rocket Software

Efficiency impacts revenue, customer service, brand reputation, the list goes on and on. Of course, at Rocket, we believe in the power of cutting-edge technology to keep operations running smoothly for enhanced outcomes. No one enjoys spending their days on monotonous, repetitive work that they know automation could be doing for them.

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China’s PIPL has finally arrived, and brings helpful clarification (rather than substantial change) to China’s data privacy framework

DLA Piper Privacy Matters

The PIPL includes a specific obligation on data controllers to adopt corresponding encryption or deidentification technologies, and to adopt access controls and training. Training : organisations must provide data privacy training. These relevant industry regulators will be identified in due course by the CAC.

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SHARED INTEL: Akamai reports web attack traffic spiked 62 percent in 2020 — all sectors hit hard

The Last Watchdog

As a leading global content delivery network (CDN), Akamai has a birdseye view of what is coursing through cyber space moment-by-moment. billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. Criminals even offer training to those who are new.

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Best Fraud Management Systems & Detection Tools in 2022

eSecurity Planet

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% Fraud.net offers specific solutions for a number of industries, including gaming, financial services, and eCommerce, as well as government organizations.

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