Remove Education Remove Events Remove Government Remove Insurance
article thumbnail

New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.

article thumbnail

New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Driving Conversations Around Careers In Telematics

Information Governance Perspectives

John Danenberger, CPCU, is Corporate Counsel at State Farm Insurance and specializes in addressing emerging issues around telematics. In 2015, he successfully transitioned from a military career as a trial attorney for the JAG Corps to working in telematics in corporate America for State Farm Insurance.

article thumbnail

Unlocking the power of chatbots: Key benefits for businesses and customers

IBM Big Data Hub

Instead of forcing the customer to communicate in your home language, enterprise-grade chatbots can support multiple languages and can even make an educated guess based on the initial input, whether it’s in chat, text or voice. Government Empower citizens to access basic information on paying bills and upcoming events by using chatbots.

Sales 96
article thumbnail

11 cyber security predictions for 2020

IT Governance

Cyber insurance has in some regions encouraged victims to pay as it is cheaper than remediation in some cases. Businesses and organisations should look into SOCs (security operations centres) and SIEM (security and incident event management) tools to protect their technology usage. Ransomware will continue to increase.

article thumbnail

What is a Cyberattack? Types and Defenses

eSecurity Planet

These new attacks affect everything from private citizens and businesses to government systems; healthcare organizations; public services; and food, water, and fuel supply chains. Capital markets, insurance, financial services, and banking are now online. Security information and event management (SIEM). Other methods.

article thumbnail

ICYMI –December in privacy and cybersecurity

Data Protection Report

For those making this quiz a competitive event, we have included a tie-breaker/bonus question.) See SEC, Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure, 88 Fed. December tends to be a busy time for everyone, so you may have missed a privacy update or two. Answers are below. b (within 2 hours).

Privacy 109