eSecurity Planet

APRIL 29, 2024

For example, the Health Insurance Portability and Accountability Act (HIPAA) regulates personal health information and imposes fines for data breach or data inaccessibility. Stakeholders should brainstorm how to manage risk through controls, process changes, insurance, or business decisions such as “stop taking credit cards for payment.”

Risk 67

Risk Compliance Communications Insurance 67

CGI

SEPTEMBER 12, 2017

Data analytics – how should insurers look to the future? With a plethora of new data sources across the property and casualty (P&C) general insurance lifecycle now becoming available, how do insurers create an all-encompassing data analytics policy for the future? Tue, 09/12/2017 - 03:00. Connected and monitored energy usage.

Insurance 40

Insurance Analytics Risk IoT 40

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

CGI

SEPTEMBER 5, 2018

UK Honey Bees and Insurance; an existential threat in the wings? There is of course one difference between the hive and the Insurance sector – the ability to respond. There is of course one difference between the hive and the Insurance sector – the ability to respond. Wed, 09/05/2018 - 04:28.

Insurance 40

Insurance Sales Marketing IT 40

eSecurity Planet

OCTOBER 18, 2022

First, call the cyber insurance company that issued the organization’s cybersecurity policy. Most insurance companies require specific incident response vendors, procedures, and reporting that must be met to meet the standards to be insured. Insured companies often will not have options. The First Calls After an Attack.

Ransomware 144

Ransomware Encryption Insurance Access 144

CGI

FEBRUARY 28, 2017

Insurers’ digital focus is looking through the wrong ‘lens’. Read any article on digital insurance and it seems to me that it is all about the insurers! harini.kottees…. Tue, 02/28/2017 - 03:52. This again causes consumer dissatisfaction with the industry as a whole and drives unwanted consumer behaviours at the point of claim.

Insurance 40

Insurance Big data IoT Manufacturing 40

CGI

AUGUST 31, 2016

Insurers’ role will be critical in improving cybersecurity standards. And, of course, our world is becoming increasingly digital in nature, with all kinds of services—from finance to health, energy and tax affairs—becoming digitally delivered. Wed, 08/31/2016 - 08:00.

Insurance 40

Insurance Cybersecurity Risk Marketing 40

Troy Hunt

NOVEMBER 14, 2023

That's the context that accompanied a massive trove of data that was sent to me 2 years ago now. I looked into it, tried to attribute and verify it then put it in the "too hard basket" and moved onto more pressing issues. One of the first things I do after receiving a data breach is to literally just Google it: acuity data breach.

Insurance 122

Insurance Data breaches Mining IT 122

Data Matters

SEPTEMBER 20, 2021

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

Insurance 88

Insurance e-Delivery Paper Sales 88

CGI

MARCH 1, 2017

‘The Organist Entertains’ – reaction to the insurance Ogden discount rate cut. When I first saw the word ‘Ogden’ in the Insurance press I was immediately reminded of the long running BBC programme ‘the organist entertains’ hosted by Nigel Ogden. ravi.kumarv@cgi.com. Wed, 03/01/2017 - 05:02. I propose an alternative approach.

Insurance 40

Insurance IT 40

Hunton Privacy

OCTOBER 14, 2014

On October 8, 2014, the Department of Homeland Security reported that over the course of several months, the network of a large critical manufacturing company was compromised. The incident raises some issues for cyber insurance. That the incident occurred over several months suggests that trigger dates for cyber insurance be examined.

Insurance 40

Insurance Cybersecurity Manufacturing Information Security 40

Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

Insurance 88

Insurance Government Cybersecurity Risk 88

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

CGI

FEBRUARY 28, 2018

Digital Customer Experience is becoming the deciding battlefield on the insurance landscape. Digital Customer Experience in many ways is becoming the deciding battlefield on the insurance landscape as to who will win through. p.butler@cgi.com. Wed, 02/28/2018 - 10:36. Although respective remits often tend to be company specific.

Customer Experience 40

Customer Experience Insurance Artificial Intelligence Retail 40

John Battelle's Searchblog

JANUARY 25, 2019

I have spent 30-plus years in the tech and media industries, mainly as a journalist, observer, and founder of companies that either make or support journalism and storytelling. When it comes to many of the things I am going to talk about here, I am not an expert. For whatever reason, I did this by founding or co-founding companies. It’s Broke.

Government 92

Government IT Marketing ROT 92

Security Affairs

JANUARY 14, 2019

Zurich American Insurance Company is refusing to refund its client because consider the attack as “an act of war” that is not covered by its policy. The overall damages that insurance firms would probably have to cover reach over $80bn. SecurityAffairs – Mondelez, cyber insurance). Pierluigi Paganini.

Insurance 84

Insurance Ransomware Sales Government 84

Schneier on Security

NOVEMBER 13, 2020

If you want your insurance company to have access to your fitness data, you grant it through your pod. This is a significant step forward to realizing Tim’s vision : The technologies we’re releasing today are a component of a much-needed course correction for the web. It’s yours.

IoT 117

IoT Insurance Access Government 117

KnowBe4

MARCH 28, 2023

"A leader tasked with cybersecurity can get ahead of the game by understanding where we are in the story of machine learning (ML) as a hacking tool," Tyson writes. "At At present, the most important area of relevance around AI for cybersecurity is content generation. Remember: Culture eats strategy for breakfast and is always top-down.

Phishing 92

Phishing Security awareness Insurance Cybersecurity 92

AIIM

APRIL 12, 2022

The classic example is the insurer that won’t pay for care that a doctor determines a patient needs. Insurers are about profit; doctors are about delivering the best care. With collaborative videoconferencing: Low-income patients without insurance can use the Emergency Room less often. Or so it seems. Telemedicine.

Computer and Electronics 104

Computer and Electronics Insurance Marketing Paper 104

Thales Cloud Protection & Licensing

APRIL 11, 2023

Retail companies, insurance companies, restaurants, and banks, to name a few, and even public sector organizations serving consumers or citizens were forced to adapt. What about doing KYC (Know Your Customer) for a new bank or insurance customer without requiring them to come to a branch office, and that too, at scale?

B2C 87

B2C B2B Retail Insurance 87

IT Governance

SEPTEMBER 15, 2021

The alternative is to build an internal security team and encourage employees in security-adjacent roles, such as IT, to take cyber security training courses. The report also found that 30% of organisations had skills gaps in more advanced areas, such as penetration testing, forensic analysis and security architecture.

Security 122

Security Insurance Education Government 122

IT Governance

JANUARY 9, 2024

million people was compromised, including names, addresses, dates of birth, Social Security numbers, taxpayer identification numbers, medical information, health insurance information, and billing and claims information. HealthEC LLC breached, almost 4.5 Information relating to nearly 4.5 TB Gräbener Maschinentechnik GmbH & Co.

Data Privacy 75

Data Privacy Privacy Manufacturing Data breaches 75

IT Governance

APRIL 23, 2019

The information comprised names, addresses, gender, dates of birth, phone numbers, National Insurance numbers, bank details and salaries. The Supreme Court has given Morrisons permission to appeal a ruling that found the supermarket liable for a data breach caused by a malicious insider. Does Morrisons stand a chance?

Data breaches 82

Data breaches Insurance GDPR Compliance 82

Security Affairs

AUGUST 20, 2020

The services involved the release of information which is provided in the ordinary course of business or which is publicly available.” Our investigations also show that the suspect had intended to use the data to create marketing leads to offer insurance and credit-related services.” ” reads the report.

Data breaches 120

Data breaches Insurance Marketing Risk 120

Security Affairs

JANUARY 20, 2023

The company is sending out breach notification letters to the impacted customers, threat actors had access to names, addresses, Social Security Numbers, individual tax identification numbers, dates of birth for PayPal users, and of course transaction histories. ” said Gal.

Data breaches 90

Data breaches Passwords Insurance Access 90

The Last Watchdog

JUNE 2, 2022

Big banks and insurance companies instilled the practice of requesting their third-party vendors to fill out increasingly bloated questionnaires, called bespoke assessments, which they then used as their sole basis for assessing third-party risk. Related: A call to share risk assessments. Cyber hygiene boost.

Security 262

Security Risk Digital transformation Cybersecurity 262

IT Governance

SEPTEMBER 4, 2018

Last year, private healthcare giant BUPA suffered a breach affecting 108,000 health insurance policies when a rogue employee copied and removed information from the organisation. The information affected is said to have included names, date of birth, nationalities and insurance membership numbers. million fine. Preventive measures.

Healthcare 83

Healthcare Insurance Manufacturing Risk 83

Data Protection Report

JANUARY 5, 2021

Those service providers would be required to notify “at least two individuals at affected banking organization customers immediately after the bank service provider experiences a computer-security incident that it believes in good faith could disrupt, degrade, or impair services provided for four or more hours.”. Should it be made shorter or longer?

Insurance 141

Insurance Paper Encryption Security 141

Data Protection Report

APRIL 2, 2020

In a judgment which will be warmly welcomed by employers (and their insurers) in the UK, the UK Supreme Court today overruled the Court of Appeal in holding that that Morrisons supermarkets is not vicariously liable for a data breach maliciously caused by a former employee. The employee’s motive is therefore relevant in that analysis.

Data breaches 59

Data breaches Insurance Risk Marketing 59

Data Protection Report

APRIL 1, 2020

In a judgment which will be warmly welcomed by employers (and their insurers) in the UK, the UK Supreme Court today overruled the Court of Appeal in holding that that Morrisons supermarkets is not vicariously liable for a data breach maliciously caused by a former employee. The employee’s motive is therefore relevant in that analysis.

Data breaches 59

Data breaches Insurance Risk Marketing 59

IT Governance

JUNE 18, 2018

One in five schools and colleges have fallen victim to cyber crime, according to research from the specialist insurer Ecclesiastical, yet the majority (74%) of educational establishments claim to be “fully prepared” to deal with such attacks. . Phishing and ransomware e-learning course . Explain what phishing is. .

Phishing 84

Phishing Ransomware Education Insurance 84

ARMA International

APRIL 28, 2022

The plan was to meet the insurance coordinator at the Howard Avenue office at 8:30 a.m. I was aware that I would need documentation on damage and losses for insurance and internal purposes. The archivist and I met the insurance coordinator and the disaster response contractor at the site to do a walk-through and assess the damage.

Records Management 97

Records Management Archiving Insurance Communications 97

The Last Watchdog

OCTOBER 26, 2021

Regulations like Europe’s General Data Protection Regulation and California’s Privacy Rights Act , along with numerous industry standards in the technology, banking and insurance sectors loom large – imposing the specter of audits and the threat of fines. Change, of course, is never easy. I’ll keep watch and keep reporting.

Digital transformation 227

Digital transformation Compliance Encryption Authentication 227

Hunton Privacy

NOVEMBER 23, 2021

On November 18, 2021, the Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency issued a new rule regarding cyber incident reporting obligations for U.S. banks and service providers.

Insurance 85

Insurance Compliance Security IT 85

IT Governance

SEPTEMBER 1, 2021

Some businesses are responding to this by building an internal security team and encouraging employees in security-adjacent roles, such as IT, to take cyber security training courses. Cyber security is becoming an expensive endeavour for organisations – and in many cases, the costs are so high that they can’t deal with threats appropriately.

Security 124

Security GDPR Cloud Insurance 124

IT Governance

APRIL 11, 2023

More than 2 million people are signed up to YouTube’s Partner Program, which enables them to collect ad revenue. Whether they consider content creation a full-time job or simply a way to make extra cash, news that the company is changing its monetisation policy is no doubt cause for concern – making it an ideal lure for phishing.

Phishing 114

Phishing Passwords Ransomware Insurance 114

IT Governance

NOVEMBER 6, 2020

When the victim has picked out the pet they want, the scammer asks them to pay a deposit, followed by funds supposedly for insurance, vaccinations and delivery. Make sure your staff know how to identify and avoid scams with our Phishing Staff Awareness E-Learning Course. Government payment scheme. Fines for breaching lockdown rules.

Phishing 74

Phishing e-Delivery Government Insurance 74