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Insurance and Ransomware

Schneier on Security

Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. Although it is a societal problem, cyber insurers have received considerable criticism for facilitating ransom payments to cybercriminals.

Insurance 112
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A guide to the GDPR for insurance companies

IT Governance

A report published by research and consultancy company Celent highlights the challenges that the GDPR presents to insurers. Insurers are data controllers: a person, public authority, agency or body that determines the purpose of processing personal data. Steps insurers should take to become GDPR compliant.

Insiders

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CNIL Publishes Guidance on Web Scraping and Re-Use of Publicly Available Online Data for Direct Marketing

Hunton Privacy

On April 30, 2020, the French Data Protection Authority (the “CNIL”) published guidance on the extraction of web users’ personal data from online public spaces by web scraping tools and re-use of such data for direct marketing (the “Guidance”). Key Steps Before Using Web Scraping Tools. Background.

Marketing 108
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Data privacy examples

IBM Big Data Hub

Rules for handling children’s data might become even stricter if the Kids Online Safety Act (KOSA), currently under consideration in the US Senate, becomes law. Finally, the retailer classifies data based on sensitivity levels and applies appropriate controls to each type. Retention policies should also be limited.

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$10,000,000 civil penalty for disclosing personal data without consent

Data Protection Report

The company also, according to the complaint, used the consumer data for targeted advertisement services that “relied on exploiting user PHI in order to (1) re­ target current Cerebral users with additional advertisements for Cerebral services, and (2) target new, potential users who were demographically similar to existing Cerebral users.”

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The most valuable AI use cases for business

IBM Big Data Hub

Creative AI use cases Create with generative AI Generative AI tools such as ChatGPT, Bard and DeepAI rely on limited memory AI capabilities to predict the next word, phrase or visual element within the content it’s generating. Generative AI can produce high-quality text, images and other content based on the data used for training.

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Nationwide Agrees to Pay $5.5 Million to Settle Multistate Data Breach Investigation

Hunton Privacy

On August 9, 2017, Nationwide Mutual Insurance Co. million settlement with attorneys general from 32 states in connection with a 2012 data breach that exposed the personal information of over 1.2 In October 2012, Nationwide and its affiliate, Allied Property & Casualty Insurance Co. Nationwide”) agreed to a $5.5