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

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Insurers should: Establish a Formal Cyber Insurance Risk Strategy. Educate Insureds and Insurance Producers. The post New York Department of Financial Services Issues First Guidance by a U.S. 1 See W.B.

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Cloud, Intelligent Content Services, and Digital Fragility: What’s on the RIM Horizon for 2020

ARMA International

Highlights of the Forrester Research and ARMA International Records Management Online Survey, Q4 2019. 2019 marks ten years since ARMA International and Forrester Research first surveyed records and information management (RIM) decision-makers to understand the key trends and challenges facing the profession.

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A consumer perspective on FinTech disruption (part 3)

CGI

This is the final blog in my three-part series on the disruptive impact of financial technology (FinTech) firms on today’s banks. The blog series is based on the findings of CGI’s 2016 survey of 1,670 consumers across 8 countries, which assessed consumer perspectives on 12 leading digital FinTech services.*

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Staying ahead of attackers is a constant battle and the cost is “unsustainable,” 81% of WEF survey respondents say. Capital markets, insurance, financial services, and banking are now online. It’s important to have state-of-the-art cybersecurity defenses and strategies in place to prevent attacks altogether.

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Integrating Long-Term Digital Preservation into Your Information Governance Program: First Steps

Preservica

More importantly, IG practitioners who participated in the survey indicated that they were aware hardware and software obsolescence represents a threat to the usability and readability of long-term digital information and records. 4) Identify a digital preservation strategy and capabilities as an integral component of your IG roadmap.

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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

According to Andreessen Horowitz (link resides outside IBM.com ) , in 2023, the average spend on foundation model application programming interfaces (APIs), self-hosting and fine-tuning models across surveyed companies reached USD 7 million. 46% of survey respondents in 2024 showed a preference for open source models.

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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. Obtain cybersecurity expertise to properly understand and evaluate cyber risk.