Remove Document Remove Government Remove Insurance Remove Training
article thumbnail

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.

article thumbnail

The Financial Service and Insurance Industries Need Intelligent Document Processing; Here’s Why

Rocket Software

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. There is also the issue of dealing effectively with different formats and sources during the discovery process, such as emails, documents, social media, collaboration app chats, and more.

article thumbnail

Privacy in an open-data world: Why government agencies need to be proactive

Collibra

Government agencies — from DC to Duluth, NYC to LA — are struggling. As more of our interactions and transactions occur online, the need for robust data protection measures becomes increasingly critical to safeguard personal data and maintain public trust in government institutions. There’s no going back.

Privacy 99
article thumbnail

How to make sure your cyber insurance policy pays out

IT Governance

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures. Document an incident response plan.

article thumbnail

The False Economy of Deprioritising Security

IT Governance

Possible reasons for this trend change Reasons for organisations deprioritising security may include: Rising costs and economic uncertainty; Geopolitical tensions and uncertainty; and Fewer UK businesses identifying attacks or breaches, according to government data. % It also helps ensure your other measures get properly implemented.

Security 116
article thumbnail

Record Retention Policy for Businesses: A Strategic Guide to Compliance and Efficiency

Armstrong Archives

Everything from tax documents to employee files to bank statements must be kept on file, often for years at a time. At Armstrong Archives , we’re proud to stand at the forefront of records management, offering expert guidance in record retention policy and document management, ensuring that our clients stay compliant and efficient.