Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. A threat actor gained access to an employee’s document management system account. Training and monitoring materials. NYDFS Cybersecurity Regulation.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

eSecurity Planet

AUGUST 9, 2022

are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA). See the Best Cybersecurity Awareness Training for Employees.

Data Privacy 142

Data Privacy Compliance Privacy Security 142

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Documenting and Implementing Procedures. Citrix recommends that organizations have fully documented and implemented procedures for all activities that may create cybersecurity risks.

Risk 128

Risk Cybersecurity Encryption Access 128

Data Matters

APRIL 20, 2021

DOL guidance provides a series of questions that should serve as a starting point for this review and includes topics such as the service provider’s information security standards, track record, cybersecurity insurance coverage, and cybersecurity validation techniques.

Cybersecurity 68

Cybersecurity Insurance Risk Compliance 68

Data Matters

JUNE 24, 2021

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. See CF Disclosure Guidance: Topic No. 2, Cybersecurity (Oct. 14, 2011). 15, 2020).

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 117

Risk Financial Services Insurance Cybersecurity 117

IBM Big Data Hub

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

Insurance 107

Insurance Digital transformation Customer Experience Cloud 107

Info Source

APRIL 2, 2019

The new platform can be leveraged by enterprise companies in financial services. and insurance, transportation and logistics, manufacturing, and other industries. document, find specific information, understand the content, and route the document or process the. automation (BPA). Several high-profile.

Artificial Intelligence 40

Artificial Intelligence Digital transformation Insurance Financial Services 40

eSecurity Planet

FEBRUARY 16, 2021

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Healthcare and financial services are the most attacked industries.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

IBM Big Data Hub

APRIL 18, 2024

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. However, these systems lack genuine understanding and can’t adapt to situations outside their training. The skills gap in gen AI development is a significant hurdle.

Artificial Intelligence 90

Artificial Intelligence Marketing e-Delivery Manufacturing 90

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others.

Compliance 67

Compliance Risk Government Retail 67

Data Matters

AUGUST 5, 2019

In such case, the determination to not notify must be documented in writing and maintained for at least five years. To define “reasonable” safeguards, the statute provides examples of administrative, technical and physical safeguards. 6) adjusts the security program in light of business changes or new circumstances; and.

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

HL Chronicle of Data Protection

MARCH 14, 2019

It must also address the goals of the plan, internal processes for responding to a security event, and documentation and reporting regarding security events and related incident response activities. Employee training. The plan must enable FIs to promptly respond to and recover from security events affecting customer information.

Privacy 40

Privacy Risk Cybersecurity Information Security 40

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others.

Compliance 57

Compliance Risk Government Retail 57

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). Onboarding.

Government 59

Government Communications Insurance Customer Experience 59

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). Onboarding.

Government 52

Government Communications Insurance Customer Experience 52

IT Governance

JANUARY 16, 2024

GB Rebekah Children’s Services Source (New) Non-profit USA Yes 2,805 Butte School District Source 1 ; source 2 (Update) Education USA Yes 2,658 Dignity Health Nevada St. Source (New) Real estate USA Yes 10 GB Unitex Source (New) Manufacturing USA Yes 9.5

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

ForAllSecure

JANUARY 19, 2022

And I think that probably the one which most people resonate with is this physical document, which again, has some attributes and fields, some pieces of information in there, which somehow represents this physical person to somebody else. It's documented. We use this physical thing to represent ourselves to the border control guide.

Passwords 52

Passwords Authentication Access Data breaches 52

Data Matters

APRIL 23, 2018

Board-management discussions about cyber risk should include identification of which risks to avoid, which to accept, and which to mitigate or transfer through insurance, as well as specific plans associated with each approach.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

eSecurity Planet

JUNE 1, 2021

” Lookout data indicates that about 15 percent of financial services employees encountered a mobile phishing attempt each quarter in 2020. Awareness, Training are Key. ” Further reading: Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs. Nation-State Interests.

Phishing 70

Phishing Cybersecurity Government Authentication 70

Info Source

FEBRUARY 11, 2020

After 10 years of innovating the document capture space with machine learning and AI technology, we know that truly successful digital transformation projects require a complete set of organizational data, including the dark data hidden in unstructured content,” said Ike Kavas, founder and CEO of Ephesoft.

Digital transformation 52

Digital transformation Artificial Intelligence Mining Financial Services 52