eSecurity Planet

FEBRUARY 11, 2022

Risk management is a concept that has been around as long as companies have had assets to protect. The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. What is Cybersecurity Risk Management? Setting Up Your Risk Management System.

Risk 145

Risk Cybersecurity Encryption Access 145

Hunton Privacy

JUNE 9, 2022

515 , making Vermont the twenty-first state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). Licensees must maintain records about these cybersecurity events for at least five years. On May 27, 2022, Vermont Governor Phil Scott signed H.515

Insurance 107

Insurance Security Information Security Cybersecurity 107

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 281

Insurance Risk Financial Services Mining 281

IT Governance

OCTOBER 11, 2022

That’s a problem when cyber risks are constantly evolving, as is the way your organisation operates. It’s why organisations must manage the risks they face with continual evaluation, maintenance and revision. Managing cyber security risks requires a more intensive approach than simply implementing basic protections.

Risk 124

Risk GDPR Information Security Personal data 124

IBM Big Data Hub

NOVEMBER 30, 2023

There’s a lot of talk about how organizations can and should reduce their negative impact on the environment. Risks from wildfires, floods, heat, drought and wind have always been a concern, but climate change has intensified these risks, making them more frequent and unpredictable for organizations.

Energy and Utilities 90

Energy and Utilities Insurance Risk Retail 90

eSecurity Planet

AUGUST 27, 2021

In a developing market, third-party risk management (TPRM) software and tools could be the answer to helping organizations fill the gap. This article looks at the top third-party risk management vendors and tools and offers a look into TPRM solutions and what buyers should consider before purchasing. Aravo TPRM.

Risk 129

Risk Compliance Marketing Cybersecurity 129

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 147

Risk Financial Services Insurance Cybersecurity 147

Everteam

JULY 22, 2020

ICAWOOD Chooses Everteam’s “Fidji” Cloud-based Document Management System for its Real Estate Assets. Indeed, the standard inclusion of the “business” classification scheme ( Fiji ) in the application allows ICAWOOD to use the Fiji document typologies to classify and “type” the stored information.

Cloud 52

Cloud Information governance IT Artificial Intelligence 52

Security Affairs

DECEMBER 11, 2023

TFS offers various financial products, including auto loans, leases, and insurance solutions. Toyota also notified the data protection officer for North Rhine-Westphalia about the security breach. Leaked sample data includes financial documents, invoices, hashed account passwords, passport scans, and more.

Financial Services 110

Financial Services Data breaches Ransomware Insurance 110

IT Governance

MAY 3, 2019

An RTP (risk treatment plan) is an essential part of an organisation’s ISO 27001 implementation process, as it documents the way your organisation will respond to identified threats. What are your risk treatment options? What are your risk treatment options? Avoid the risk by ceasing any activity that creates it.

Risk 72

Risk Information Security Communications Insurance 72

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 94

Data breaches Insurance Paper Access 94

Krebs on Security

DECEMBER 8, 2022

“It’s not going to be forensically solid, but that’s not what they care about,” he said. Continuously educating and informing staff about the risks and methods used by cybercriminals to launch attacks and steal data. ” The Venus ransom group’s extortion note. ”

Ransomware 267

Ransomware Metadata Insurance Encryption 267

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. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Audit management.

Compliance 57

Compliance Risk Government Retail 57

Krebs on Security

JULY 27, 2020

This story is about the victims of a particularly aggressive business ID theft ring that’s spent years targeting small businesses across the country and is now pivoting toward using that access for pandemic assistance loans and unemployment benefits. . For the past several months, Milwaukee, Wisc. ” PHANTOM OFFICES. .

Energy and Utilities 358

Energy and Utilities Computer and Electronics Insurance Risk 358

Info Source

JUNE 7, 2023

Contact Bryant for a sample copy of DIR (The Document Imaging Report) and/or subscription details. And so everybody thinks about New Orleans as being the party, food, and music town, which we do all that very well. Fresneda: The biggest one, at least in the United States right now, is clearly insurance.

Insurance 52

Insurance Marketing Customer Experience Compliance 52

Data Matters

SEPTEMBER 20, 2021

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. The changes are effective December 31, 2021.

Insurance 88

Insurance e-Delivery Paper Sales 88

Getting Information Done

APRIL 18, 2017

Ultimately, the chief information security officer (CISO) needs to understand the information footprint across systems, determine the value/risk of loss, and protect against cyberattacks through the deployment of control activities, which are commensurate with the value/risk of these information systems. So, what can be done?

Government 53

Government Cybersecurity Insurance Information governance 53

HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

IBM Big Data Hub

MAY 28, 2024

Government regulations, such as the General Data Protection Regulation (GDPR), and industry regulations, such as the Health Insurance Portability and Accounting Act (HIPAA), oblige companies to protect their customers’ personal data. Data risk management To protect their data, organizations first need to know their risks.

Data breaches 45

Data breaches GDPR Compliance Encryption 45

IT Governance

MAY 16, 2019

There are 46 standards in total in the series (although only a few apply to every organisation), of which ISO 27005 , the risk management standard, is arguably the most important and easiest to get wrong. What is risk management? Assessing these risks helps inform your decision about the best way to reduce risk to an acceptable level.

Risk 67

Risk Information Security Insurance Security 67

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

ARMA International

FEBRUARY 21, 2020

Benefits and Risks. Each type of IoB device brings with it benefits and risks. Think about the omnipresent smart phone (now just called phone ), seemingly always in hand, which captures photos, contains apps, and provides location data through GPS, among many other functions. For More Information. ” Ranger, Steve.

Computer and Electronics 105

Computer and Electronics Privacy Artificial Intelligence IoT 105

The Security Ledger

SEPTEMBER 11, 2019

Third party cyber risk is growing. In this Spotlight Podcast, a companion to our new eBook, Rethinking Third Party Cyber Risk Management, we go deep on the topic of building a mature third party cyber risk program with Dave Stapleton the Director of Assessment. » Related Stories Third Party Cyber Risk is growing.

Risk 40

Risk GDPR Data Privacy Personal data 40

Data Protection Report

FEBRUARY 23, 2023

AVs currently under development make sense of their surroundings and control vehicle operation through data gathered about the outside world. Like other connected vehicles, AVs can also collect and use specific personal information about a driver (e.g., There is significant potential for harm to individuals in these respects as well.

Privacy 85

Privacy Manufacturing Artificial Intelligence Data collection 85

Data Matters

SEPTEMBER 3, 2020

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. Annuity Suitability Working Group Drafting FAQ Document to Facilitate Uniformity in State Adoption of Revised Suitability in Annuity Transactions Model Regulation.

Insurance 68

Insurance Paper Artificial Intelligence Big data 68

Hunton Privacy

NOVEMBER 15, 2023

The Allegations in the Case The originating documents are not yet publicly available. The regulator has statutory powers to require the production of information and documents, and to interview witnesses on oath, when investigating. Collateral Issues Cyber risks in M&A. The company also faces a risk of class actions.

Data breaches 128

Data breaches Privacy Risk Information Security 128

Security Affairs

APRIL 20, 2023

ICICI Bank leaked millions of records with sensitive data, including financial information and personal documents of the bank’s clients. If malicious actors accessed the exposed data, the company could have faced devastating consequences and put their clients at risk, as financial services are the main target for cybercriminals.

Personal data 96

Personal data Phishing Risk Financial Services 96

OneHub

OCTOBER 29, 2019

Work-related documents are incredibly sensitive and often confidential. Using document sharing software that takes security as seriously as you do is the first step. Using document sharing software that takes security as seriously as you do is the first step. Protect business documents. What Is Bank-Level Encryption? .

Encryption 40

Encryption Data breaches Access Marketing 40

IT Governance

NOVEMBER 6, 2023

Compromised information included patients’ names, dates of birth, postal addresses, Social Security numbers, diagnosis and treatment information, and health insurance information. Most documents date from 2019 and 2020, and contain Social Security numbers, employees’ salaries, birthdates, addresses, phone numbers and other personal data.

Data Privacy 97

Data Privacy Privacy Libraries Security 97

Data Matters

APRIL 20, 2021

Significantly, the Cybersecurity Guidance formally states the DOL’s position that cybersecurity is a matter of fiduciary responsibility under ERISA, stating that ERISA requires plan fiduciaries to take appropriate precautions to mitigate cybersecurity risks. Obligations of Service Providers Responsible for Plan-Related IT Systems and Data.

Cybersecurity 68

Cybersecurity Insurance Risk Compliance 68

eSecurity Planet

DECEMBER 9, 2021

We make IT, security, or any business decision by weighing the risks and the rewards. Document the incident response process as a plan. Some of us don’t formally document our processes. We need to regularly update our documentation on a quarterly, annual, or event-driven schedule. Document contingencies.

Insurance 124

Insurance Ransomware Data breaches Cloud 124

Everteam

DECEMBER 27, 2022

In this episode, we are pleased to welcome Jean-Mathieu Bonnefou, who talks about the records management policy within the Orano group. Everteam Software gives the floor to its employees to talk about their job. Adrian CIOCAN – La MAIF / MAIF Insurance. Jean-Mathieu BONNEFOUS – Orano Group.

Records Management 52

Records Management Information governance Archiving Government 52

Hunton Privacy

APRIL 18, 2023

The bill also contains a number of exemptions, including exceptions for financial institutions, affiliates, and data subject to Title V of the Gramm-Leach-Bliley Act, covered entities and business associates under the Health Insurance Portability and Accountability Act of 1996, nonprofit organizations and institutions of higher education.

Privacy 132

Privacy Personal data Sales Insurance 132

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. enable companies to identify cybersecurity risks and incidents.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Gimmal

MARCH 12, 2024

When litigation is imminent or ongoing, a legal hold serves as a formal notification to retain all documents, electronic data, and other evidence that may pertain to the case. Financial Risks of Inadequate Legal Holds The financial risks of inadequate legal holds are manifold, and they can significantly impact a company’s bottom line.

Compliance 52

Compliance e-Discovery Data preservation Risk 52

IT Governance

NOVEMBER 7, 2018

Along with business continuity planning , it’s an essential strategy for managing the ever-increasing risk of disruption. Disaster recovery is effectively a form of insurance; you are spending money preparing for a scenario that you hope never occurs. Perform a risk assessment and business impact analysis. Obtain approval.

Insurance 113

Insurance Risk Data breaches Government 113

IBM Big Data Hub

FEBRUARY 13, 2024

For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. Generative AI use cases Excitement about this new technology has spread quickly throughout various industries and departments.

Artificial Intelligence 122

Artificial Intelligence Marketing Sales Communications 122