Data Matters

AUGUST 24, 2018

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.

Insurance 60

Insurance Big data e-Delivery Risk 60

eSecurity Planet

FEBRUARY 14, 2023

Growth has definitely been robust. GRC Market Defies Downturn There are some powerful drivers for the compliance and security automation market. OneTrust is another company benefiting from the booming compliance market, rocketing to a $5.3 This is all done with continuous control monitoring and evidence collection.

Compliance 94

Compliance Security Cybersecurity Marketing 94

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. NAIC Evaluating Definition of “Best Interest” to Determine Whether to Impose Such a Standard in the Suitability in Annuity Transactions Model Regulation.

Insurance 68

Insurance Paper Risk Analytics 68

The Last Watchdog

MAY 10, 2021

Back in the mid-1990s, big banks and insurance companies came up with something called “bespoke assessments” as the approach for assessing third party vendor risk. At a mid-market company, that duty typically falls to the CTO who has to spend 20 percent of his or her time on this. This took the form of programmatic audits.

Risk 147

Risk Insurance Access Security 147

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Such outsourcing of ICT services also requires a clear definition of responsibilities, risks and mitigation between financial entities and ICT third-party service providers. That includes banks, insurances, payment institutions, stock market, and many financial management firms (trading, crypt-assets, etc).

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

eSecurity Planet

OCTOBER 14, 2022

“Threat actors will always prioritize targets with high financial gain and there is a potential windfall in targeting DeFi with the amount of money flowing through it and the increasing pool of victims,” said Tim Choi, VP of Product Marketing, Proofpoint. The definition of Web3 is a bit fuzzy. What are the implications?

Cybersecurity 108

Cybersecurity Blockchain Insurance Security 108

Data Matters

DECEMBER 11, 2018

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data. systemic risk of insurers with other parts of the financial system, notably the banking.

Insurance 68

Insurance Paper Risk Big data 68

Data Matters

JULY 12, 2019

Securities and Exchange Commission (SEC) Division of Trading and Markets and the Financial Industry Regulatory Authority (FINRA). Market participants should consider other broker-dealer requirements, including books and records and financial reporting rules. 1 Division of Trading and Markets, U.S.

Security 74

Security Marketing Blockchain Insurance 74

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. Only 1 definitely hasn’t had data breached. Information relating to nearly 4.5 Data breached: 4,452,782 records.

Data Privacy 75

Data Privacy Privacy Manufacturing Data breaches 75

Hunton Privacy

MARCH 22, 2019

The ICO has highlighted nuisance calls, spam texts and unsolicited direct marketing as areas of “significant public concern,” and is increasingly imposing sanctions on businesses that infringe the Privacy and Electronic Communications Regulations 2003 (“PEC Regulations”), which prohibit these practices.

Marketing 58

Marketing Insurance Privacy Compliance 58

DLA Piper Privacy Matters

NOVEMBER 29, 2021

The Federal Deposit Insurance Corporation, Federal Reserve, and Office of the Comptroller of the Currency (collectively the federal banking regulators) have issued a final rule requiring banking organizations and bank service providers to make certain notifications in the event of a “computer-security incident.”.

Security 81

Security Insurance Marketing IT 81

ARMA International

APRIL 18, 2022

Definition and Purpose of a Records Retention Schedule. Certain sectors, such as banking, financial services, health, and insurance have their own data protection and privacy requirements. 8 This is the GDPR definition and other countries have similar broad definitions of personal data.

Personal data 100

Personal data GDPR Privacy Records Management 100

Collibra

DECEMBER 1, 2020

Oftentimes, organizations interpret the above definition as a reason to dump any data in the lake and let the consumer worry about the rest. Imagine the following scenario: Your company is launching a new product and wants to create a marketing campaign tailored to consumers who are most likely to purchase this new product.

Government 59

Government Analytics Marketing Unstructured data 59

Data Protection Report

NOVEMBER 23, 2021

On November 18, 2021, the US federal banking regulators Office of the Comptroller of the Currency, Federal Reserve Board and Federal Deposit Insurance Corporation jointly announced a final rule that will require banking organizations (which includes the U.S. services covered by the Bank Service Company Act).

FOIA 62

FOIA Data breaches Communications Insurance 62

Data Protection Report

JULY 9, 2018

These new and amended state data breach laws expand the definition of personal information and specifically mandate that certain information security requirements are implemented. Virgin Islands, have enacted breach notification laws that require businesses to notify consumers if their personal information is compromised.

GDPR 40

GDPR Data breaches Personal data Insurance 40

AIIM

NOVEMBER 23, 2021

The last seven words in that definition are so important that I underlined them. If your customer has a remarkable customer experience with Chewy.com, they expect that same level of care from you, even if you’re an insurance company or a local government department. Learn how to be a storyteller and market your ideas.

Information governance 115

Information governance Government Customer Experience Archiving 115

ForAllSecure

MAY 17, 2023

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. We’re not longer limited to the local market. VAMOSI: Cybersecurity insurance. And why is that?

Insurance 40

Insurance Privacy Ransomware GDPR 40

Info Source

OCTOBER 11, 2018

This includes banking, insurance, healthcare, government and BPOs[1] where the necessity to lower paper digitising costs is critical and organisations require a scalable platform which is easy to implement and can be upgraded to automate key business processes at the point of capture. The scanners are ideal for use in a range of industries.

IT 53

IT Records Management Insurance Sales 53

Reltio

JANUARY 23, 2020

If your job involves selling or marketing to, servicing, retaining, analyzing or acquiring customers, it is a must read. You’d be hard-pressed to find a definition of customer experience that doesn’t include the word “interactions.” PwC conducted eye-popping research into the future of customer experience. Clean data is important.

Customer Experience 71

Customer Experience MDM Healthcare Marketing 71

Hunton Privacy

JANUARY 17, 2013

On January 17, 2013, the Department of Health and Human Services (“HHS”) issued a Final Omnibus Rule modifying the Privacy, Security and Enforcement Rules promulgated pursuant to the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) as well as the Breach Notification Rule promulgated pursuant to the Health Information Technology (..)

Privacy 40

Privacy Security Insurance Marketing 40

Collibra

MARCH 11, 2021

Here is an example of how an insurance company working with Collibra set up its operating model: The insurance company is cross-functional, frequently requiring collaboration among different lines of business, such as finance, sales, marketing and IT. Decentralized or federated (there are multiple groups of authority).

Government 59

Government Communications Insurance Customer Experience 59

Reltio

APRIL 23, 2019

For example, they might say they want to be the “premier partner of choice” for their customers and yet not have a common definition of customer that everyone in their organisation understands. How important do you think data management knowledge is for business people – marketing professionals in particular? What is Master data?

MDM 40

MDM Marketing Big data Cloud 40

DLA Piper Privacy Matters

MAY 2, 2019

The law uses two broad definitions which are central to its application. The following are some key features of the ICT Health Law. Broad application. Data Localisation.

Insurance 40

Insurance Cloud Personal data Communications 40

DLA Piper Privacy Matters

DECEMBER 3, 2021

The requirements regarding keeping data secure, and new data breach obligations, will definitely up the ante for businesses in the UAE to take cyber security seriously. Definitions. Fortunately the definitions of personal data, processing, data subject, data controller and data processor, have been kept relatively generic.

Personal data 105

Personal data Data breaches GDPR Compliance 105

Hunton Privacy

SEPTEMBER 23, 2013

Today, September 23, 2013, marks the deadline for compliance with the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) Omnibus Rule that was issued in January 2013.

Compliance 40

Compliance Privacy Insurance Risk 40

Hunton Privacy

JULY 8, 2010

On July 8, 2010, the Department of Health and Human Services (“HHS”) issued a notice of proposed rulemaking to modify the Privacy, Security and Enforcement Rules promulgated pursuant to the Health Insurance Portability and Accountability Act of 1996.

Privacy 40

Privacy Security Marketing Insurance 40

Collibra

APRIL 11, 2022

Here is an example of how an insurance company working with Collibra set up its operating model: The insurance company is cross-functional, frequently requiring collaboration among different lines of business, such as finance, sales, marketing and IT. Decentralized or federated (there are multiple groups of authority).

Government 52

Government Communications Insurance Customer Experience 52

DLA Piper Privacy Matters

OCTOBER 7, 2021

Direct marketing. There are rules around the use of personal data for marketing purposes. As well as KSA’s PDPL (and the existing PDPIR) the market is also expecting the United Arab Emirates to publish its data protection law in the very near future. Credit data access. What’s next?

Personal data 96

Personal data Compliance Computer and Electronics IoT 96

Collibra

APRIL 1, 2021

What if the finance team uses the term “KPIs,” but the marketing team uses the term “metrics” and the IT team uses “data sets?” Workflow definitions – A workflow definition describes how a process can be automated. Do all of these teams use KPIs in the same way? Do they all refer to KPIs as KPIs? Who governs it?

Government 69

Government Digital transformation Communications Retail 69

Data Protection Report

AUGUST 16, 2017

Norton Rose Fulbright has been shortlisted for ‘Cyber law firm of the year’ at the Insurance Insider Cyber Ranking Awards 2017. We are honored to be included as a nominee, and believe that it reflects our leading experience within the cyber insurance sector.

Government 40

Government GDPR Personal data Insurance 40

DLA Piper Privacy Matters

MAY 14, 2018

This seems a strong limitation, but among the conducts whose breach can lead to criminal penalties there are also those provided by the ePrivacy Directive in relation to marketing communications which makes the potential risk quite high. Privacy-related compliance organization supplemented.

GDPR 45

GDPR Privacy Systems administration Compliance 45

Data Matters

MAY 9, 2019

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. Other notable revisions include the following: The definition of “Reciprocal Jurisdiction” was broadened to include U.S. This post summarizes the highlights from this meeting.

Insurance 68

Insurance Blockchain Big data Risk 68

Hunton Privacy

OCTOBER 14, 2021

Additional bills, amending the California Confidentiality of Medical Information Act (“CMIA”) and the California Insurance Code, also were also signed into law. The bill uses the same definition of “genetic data” as provided for in AB-825. Medical Data: CMIA and Californian Insurance Code Amendment Bill.

Privacy 98

Privacy Insurance Security Data breaches 98

KnowBe4

APRIL 25, 2023

link] [Head Scratcher] More Companies With Cyber Insurance Are Hit by Ransomware Than Those Without? In an interesting twist, new data hints that organizations with cyber insurance may be relying on it too much, instead of shoring up security to ensure attacks never succeed. Date/Time: Wednesday, May 3, @ 2:00 PM (ET) Save My Spot!

Insurance 69

Insurance Security awareness Phishing Ransomware 69

Privacy and Cybersecurity Law

NOVEMBER 8, 2018

The CCPA’s definition of “consumer” is equally broad. This definition therefore not only encompasses a “consumer” in the traditional sense (i.e., The business community is already lobbying the California legislature to narrow this definition. The International Association of Privacy Professionals estimates at least 500,000 U.S.

Privacy 58

Privacy Sales Compliance Cybersecurity 58

DLA Piper Privacy Matters

AUGUST 23, 2021

Definition of Personal information and Sensitive Personal information “Personal information” means any kind of information relating to an identified or identifiable natural person, either electronically or otherwise recorded, but excluding information that has been de-identified or anonymised.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

Privacy and Cybersecurity Law

NOVEMBER 9, 2018

The CCPA’s definition of “consumer” is equally broad. This definition therefore not only encompasses a “consumer” in the traditional sense (i.e., The business community is already lobbying the California legislature to narrow this definition. The International Association of Privacy Professionals estimates at least 500,000 U.S.

Privacy 58

Privacy Sales Education Compliance 58