IBM Big Data Hub

MAY 1, 2023

In this first of two posts, I investigate the anatomy of artificial intelligence and its impact on insurance. It represents AI that can sift through data and divide them into classes (of attributes) by learning the boundaries. It offers customers and the insurer’s system to interact in a human-like manner.

Artificial Intelligence 83

Artificial Intelligence Insurance Risk Personal data 83

Data Protection Report

MARCH 21, 2023

2] In this context, the Directorate General of the French Treasury has put forward a plan of action with a view to clarifying the cyber-insurance legal framework, better gauging cyber-risks, and enhancing companies’ awareness as regards cyber-risks. 12-10-1 into the French Insurance code. However, in the end, Article L.12-10-1

Insurance 105

Insurance Data breaches Personal data GDPR 105

IBM Big Data Hub

DECEMBER 4, 2023

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

Insurance 56

Insurance Digital transformation Compliance Cloud 56

Krebs on Security

MAY 31, 2019

That measure, which went into effect in March 2019 and is considered among the toughest in the nation, requires financial companies to regularly audit and report on how they protect sensitive data, and provides for fines in cases where violations were reckless or willful. ” . ”

Financial Services 208

Financial Services Insurance Sales Authentication 208

Security Affairs

APRIL 10, 2024

Group Health Cooperative of South Central Wisconsin disclosed a data breach that impacted over 500,000 individuals. The Group Health Cooperative of South Central Wisconsin (GHC-SCW) is a non-profit organization that provides health insurance and medical care services to its members in the Madison metropolitan area of Wisconsin.

Data breaches 113

Data breaches e-Discovery Ransomware Insurance 113

Krebs on Security

JULY 23, 2020

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. It employs some 18,000 people and brought in $6.2 billion in 2019.

Insurance 291

Insurance Financial Services Mining Access 291

Security Affairs

APRIL 29, 2024

wireless carriers $200 million for sharing customers’ real-time location data without consent. wireless carriers nearly $200 million for unlawfully selling access to real-time location data of their customers without consent. Carriers must adopt reasonable measures to prevent unauthorized access to customer data.

Insurance 79

Insurance Communications Access IT 79

Krebs on Security

APRIL 27, 2023

The data exposures all stem from a misconfiguration in Salesforce Community that allows an unauthenticated user to access records that should only be available after logging in. A researcher found DC Health had five Salesforce Community sites exposing data. Akiri said he notified the Washington D.C.

Access 286

Access Authentication Information Security Communications 286

Data Breach Today

JUNE 21, 2021

SEC: Executives Left in Dark About Vulnerability in File-Sharing System Title insurance company First American Financial Corp. will pay the SEC a $488,000 penalty as a result of a data breach revealed two years ago.

Insurance 345

Insurance Data breaches Information Security Security 345

Security Affairs

APRIL 16, 2024

The Dark Angels (Dunghill) ransomware group claims the hack of the chipmaker Nexperia and the theft of 1 TB of data from the company. The Dark Angels (Dunghill) ransomware group claims responsibility for hacking chipmaker Nexperia and stealing 1 TB of the company’s data. All data is confidential, contains trade secrets. -

Ransomware 109

Ransomware Manufacturing Insurance Cybersecurity 109

Security Affairs

DECEMBER 11, 2023

Toyota Financial Services (TFS) disclosed a data breach, threat actors had access to sensitive personal and financial data. Toyota Financial Services (TFS) is warning customers it has suffered a data breach that exposed sensitive personal and financial data. Affected customers have now been informed.

Financial Services 111

Financial Services Data breaches Ransomware Insurance 111

Data Matters

FEBRUARY 11, 2019

On December 28, 2018, Michigan adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law in the form of Michigan H.B. The Act defines licensees as persons authorized, registered, or licensed under Michigan insurance laws or required to be so. 6491 (Act). MCL § 500.550.

Insurance 68

Insurance Security Cybersecurity FOIA 68

Krebs on Security

AUGUST 29, 2019

PerCSoft , a Wisconsin-based company that manages a remote data backup service relied upon by hundreds of dental offices across the country, is struggling to restore access to client systems after falling victim to a ransomware attack. Cloud data and backup services are a prime target of cybercriminals who deploy ransomware.

Ransomware 221

Ransomware Insurance Encryption Cloud 221

IBM Big Data Hub

APRIL 24, 2024

An online retailer always gets users’ explicit consent before sharing customer data with its partners. A navigation app anonymizes activity data before analyzing it for travel trends. One cannot overstate the importance of data privacy for businesses today. The user can accept or reject each use of their data individually.

Data Privacy 83

Data Privacy Privacy GDPR Personal data 83

Krebs on Security

JUNE 18, 2021

NYSE:FAF ] was leaking more than 800 million documents — many containing sensitive financial data — related to real estate transactions dating back 16 years. If you bought or sold a property in the last two decades or so, chances are decent that you also gave loads of personal and financial documents to First American.

Insurance 272

Insurance Risk Financial Services Mining 272

Krebs on Security

AUGUST 12, 2019

Securities and Exchange Commissio n (SEC) is investigating a security failure on the Web site of real estate title insurance giant First American Financial Corp. No authentication was required to view the documents. In its letter, the SEC asked Shoval to preserve and share any documents or evidence he had related to the data exposure.

Insurance 222

Insurance Access Authentication Cybersecurity 222

IT Governance

JULY 15, 2019

Cyber insurance is big business these days. With the ever-present danger of data breaches and cyber attacks, organisations must be sure that they have the financial backing to respond appropriately. The most common reasons that insurers reject cyber insurance claims are organisations’ failure to. Protect data in transit.

Insurance 89

Insurance Data breaches Risk Information Security 89

Security Affairs

OCTOBER 1, 2023

Experts warn that the recent attack on building automation giant Johnson Controls may have exposed data of the Department of Homeland Security (DHS). The threat actors also claim to have stolen over 27 TB of corporate data and encrypted the company’s VMWare ESXi virtual machines during the attack.” reported Bleeping Computer.

Ransomware 126

Ransomware Insurance Cybersecurity Encryption 126

Security Affairs

FEBRUARY 26, 2021

Data Breach: WizCase team uncovered a massive data leak containing private information about Turkish Citizens through a misconfigured Amazon S3 bucket. Inova is an actuarial consultancy company, which means they compile statistical analysis and calculate insurance risks and premiums. What’s Going On?

Data breaches 96

Data breaches Insurance Paper Access 96

IT Governance

NOVEMBER 6, 2023

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. When MOVEit was hacked by the Russian Cl0p ransomware gang in May, email addresses and links to government employee surveys were compromised.

Data Privacy 97

Data Privacy Privacy Libraries Security 97

Krebs on Security

AUGUST 14, 2020

The “RCM” portion of its name refers to “revenue cycle management,” an industry which tracks profits throughout the life cycle of each patient, including patient registration, insurance and benefit verification, medical treatment documentation, and bill preparation and collection from patients.

Ransomware 360

Ransomware Insurance Phishing IT 360

Security Affairs

JULY 21, 2021

Experts found a DB containing sensitive health insurance data belonging to customers of US insurance giant Humana. An SQL database containing what appears to be highly sensitive health insurance data of more than 6,000 patients has been leaked on a popular hacker forum. Who had access to the data?

Insurance 112

Insurance Passwords Libraries Access 112

Security Affairs

AUGUST 7, 2019

The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July. Pierluigi Paganini.

Insurance 86

Insurance Data breaches Financial Services Passwords 86

Security Affairs

JANUARY 18, 2023

On December 12, 2022, the Cybernews research team discovered a publicly accessible database with 260GB of sensitive personal data belonging to myrocket.co, offering ‘end-to-end’ recruitment solutions and HR services for companies in India. Treasure trove of data. The discovered database was not protected by authentication.

Privacy 87

Privacy Insurance Personal data Phishing 87

Data Protection Report

OCTOBER 3, 2021

Effective October 1, 2021, an amendment [1] to the Connecticut General Statute concerning data privacy breaches, Section 36a-701b, will impact notification obligations in several significant ways. Required Identity Theft Prevention Services. Public Disclosure Exemption. Additional Considerations for Businesses.

Data breaches 142

Data breaches IT Insurance Passwords 142

Data Protection Report

DECEMBER 4, 2023

Processing such data is often outsourced to a third-party data processing service provider. For example, third parties may be retained to perform payroll activities, store data in a centralized location, or send targeted advertisements to consumers.

Insurance 63

Insurance Privacy Compliance Personal data 63

Data Breach Today

NOVEMBER 1, 2022

Australia's Most Severe Cybercriminal Incident Has No Good Solution Should Australia's Medibank health insurer pay extortionists to prevent the release of sensitive medical documents related to millions of Australians? There's no easy answer to remedying what is the most severe cybercriminal incident in Australian history.

Insurance 130

Insurance 130

Hunton Privacy

NOVEMBER 15, 2023

Patrick Gunning from King & Wood Mallesons reports that, on November 2, 2023, the Australian Information Commissioner filed proceedings in the Federal Court of Australia against Australian Clinical Labs Limited seeking a civil penalty ( i.e. , a fine) in connection with the company’s response to a data breach that occurred in February 2022.

Data breaches 128

Data breaches Privacy Risk Information Security 128

erwin

MAY 2, 2022

How to create a solid foundation for data modeling of OLTP systems. As you undertake a cloud database migration , a best practice is to perform data modeling as the foundation for well-designed OLTP databases. This makes mastering basic data modeling techniques and avoiding common pitfalls imperative. Data modeling basics.

Cloud 98

Cloud Insurance Metadata IT 98

Schneier on Security

JUNE 7, 2023

New paper: “ Lessons Lost: Incident Response in the Age of Cyber Insurance and Breach Attorneys “: Abstract: Incident Response (IR) allows victim firms to detect, contain, and recover from security incidents. This is where we think about shielding companies from liability in exchange for making breach data public.

Insurance 82

Insurance Cybersecurity Paper Communications 82

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. Healthcare Data Privacy Laws.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

Data Protection Report

APRIL 30, 2024

The claims related to the company’s sharing personal data without consumer consent and making it very difficult for consumers to cancel their subscriptions to this telehealth service. The order also requires that the company destroy personal data for which it had not received consent and to create a document retention and destruction policy.

Personal data 45

Personal data Privacy Information governance Compliance 45

Schneier on Security

MAY 28, 2019

Krebs on Security is reporting a massive data leak by the real estate title insurance company First American Financial Corp. Shoval shared a document link he'd been given by First American from a recent transaction, which referenced a record number that was nine digits long and dated April 2019.

Insurance 86

Insurance Privacy Security 86

eDiscovery Law

DECEMBER 17, 2021

Key Insight: Waiver of privilege for documents inadvertently posted to publicly accessible Box.com location Nature of Case: insurance coverage litigation Electronic Data Involved: Box.com uploads Keywords: Box.com, privilege waiver, publicly accessible, account permissions, file sharing Identified State Rule(s): Va.

Insurance 40

Insurance Access Cloud 40

Security Affairs

JUNE 16, 2020

A database allegedly belonging to Ariix Italia was exposed online on an unsecured Amazon S3 bucket, it includes 30,000+ Italian sales agents’ personal data. As of June 5, the Ariix Italia data bucket has been closed and is no longer accessible. What data is in the bucket? SecurityAffairs – Ariix Italia, Data Leak).

Sales 95

Sales Personal data Insurance Marketing 95

Armstrong Archives

MARCH 27, 2018

Your insurance company has been collecting and storing consumer data for as long as it’s been in business. If you provide medical insurance, the documents you collect are high-value targets for criminals. Insurance companies often choose file folder indexing for additional information tracking.

Insurance 40

Insurance Archiving Records Management Paper 40

IT Governance

JUNE 1, 2023

You can find the full list below, divided into four categories: cyber attacks, ransomware, data breaches, and malicious insiders and miscellaneous incidents. Also be sure to check out our new page, which provides a complete list of data breaches and cyber attacks for 2023. million) Apria Healthcare suffers security breach (1.8

Data breaches 98

Data breaches Ransomware Insurance Personal data 98