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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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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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Generative AI use cases for the enterprise

IBM Big Data Hub

Tools such as Midjourney and ChatGPT are gaining attention for their capabilities in generating realistic images, video and sophisticated, human-like text, extending the limits of AI’s creative potential. Imagine training a generative AI model on a dataset of only romance novels. Automate tedious, repetitive tasks.

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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.

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NEW TECH: Votiro takes ‘white-listing’ approach to defusing weaponized documents

The Last Watchdog

Melissa was hidden in a weaponized Word document that arrived as an email attachment. Votiro is a Tel Aviv-based security startup that is pioneering a new white-listing approach to help companies mitigate their exposure to weaponized email and document-distributed malware. The key takeaways: Productivity vs. security.

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Best Third-Party Risk Management (TPRM) Tools of 2021

eSecurity Planet

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.

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The False Economy of Deprioritising Security

IT Governance

Your odds worsen if you don’t keep up with the latest threats and vulnerabilities Many attackers use automated tools to find their victims, targeting vulnerabilities rather than organisations. Conduct vulnerability scanning Automated vulnerability scanning tools check for missed patches, misconfigurations and other vulnerabilities.

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