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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.

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Cyber-insurance – 72 hours for the insured party to file a criminal complaint: GDPR’s false friend

Data Protection Report

2] In this context, the Directorate General of the French Treasury has put forward a plan of action with a view to clarifying the cyber-insurance legal framework, better gauging cyber-risks, and enhancing companies’ awareness as regards cyber-risks. 12-10-1 into the French Insurance code. However, in the end, Article L.12-10-1

Insurance 105
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How to Eliminate Paper Processes

AIIM

Despite the proven operational improvements to be gain by going paperless, paper is still prevalent in too many core business processes today including loan applications, insurance claims, and customer onboarding. And, 41% said they plan to fully embrace electronic forms. It’s easy to delay a content management decision.

Paper 211
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The False Economy of Deprioritising Security

IT Governance

The UK government’s Cyber Security Breaches Survey 2023 confirms this trend. Better yet, small UK organisations achieving certification could receive cyber insurance with a total liability limit of £25,000 – a substantially higher sum than the cost of implementation for most eligible organisations.

Security 116
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How to beat ransomware attackers at their own game

IT Governance

Sophos’s most recent annual ransomware survey, The State of Ransomware 2021 , found that 37% of organisations surveyed in 2021 had been affected by ransomware in the previous year. Although this is a year-on-year reduction (51% of surveyed organisations were affected in 2020), the threat remains significant.

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Ephesoft Releases New Version of Transact; Touts Time-to-Value of Cloud-based Document Processing Solution

Info Source

with enhancements to meet the growing global demand for nimble, cloud-based solutions to quickly and accurately capture and process high volumes of documents across hundreds of industries. This has led to an increased need for technology to quickly and securely scan and process identification documents and forms such as government-issued IDs.

Cloud 59
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The Week in Cyber Security and Data Privacy: 30 October – 5 November 2023

IT Governance

When MOVEit was hacked by the Russian Cl0p ransomware gang in May, email addresses and links to government employee surveys were compromised. Compromised information included patients’ names, dates of birth, postal addresses, Social Security numbers, diagnosis and treatment information, and health insurance information.