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NYDFS issues significant guidance on insurers using AI or external data

Data Protection Report

On January 17, 2024 the New York Department of Financial Services (“NYDFS”) published a Proposed Insurance Circular Letter (“Proposed Circular”) regarding the use of artificial intelligence systems (“AIS”) and external consumer data and information sources (“ECDIS”) in insurance underwriting and pricing. Actual Actuarial Validity.

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First American Financial Pays Farcical $500K Fine

Krebs on Security

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 265
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Security Blueprints of Many Companies Leaked in Hack of Swedish Firm Gunnebo

Krebs on Security

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. The company has operations in 25 countries, more than 4,000 employees, and billions in revenue annually.

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6 Tips for Managing eDiscovery for Access Requests for a State or Local Government Organization

eDiscovery Daily

By Catherine Ostheimer Being responsive to the growing number of Access Requests and DSARS as a local government organization can be daunting. State and local groups generate and store vast amounts of data across numerous departments, committees, and systems. First, there’s the data management challenge.

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SilverTerrier gang uses COVID-19 lures in BEC attacks against healthcare, government organizations

Security Affairs

Nigerian cyber gang SilverTerrier, specialized in BEC attacks, used COVID-19 lures in recent attacks on healthcare and government organizations. 30), we have observed three SilverTerrier actors/groups launch a series of 10 COVID-19 themed malware campaigns.” “Over the past 90 days (Jan. ” continues the report.

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ICAWOOD Chooses Everteam’s “Fidji” Cloud-based Document Management System for its Real Estate Assets

Everteam

Data Management , Governing , Information Governance. ICAWOOD Chooses Everteam’s “Fidji” Cloud-based Document Management System for its Real Estate Assets. About Everteam: Founded in 1990, Everteam is a software editor specialized in content management and information governance. Nicolas d'Ambrosio.

Cloud 52
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Dark Overlord hacking crew publishes first batch of confidential 9/11 files

Security Affairs

The Dark Overlord published the first batch of decryption keys for 650 confidential documents related to the 9/11 terrorist attacks. In April 2018, Hiscox acknowledged the data breach and confirmed that the hacked server “may have included information relating to up to 1,500 of Hiscox’s US-based commercial insurance policyholders.”.

Insurance 111