Why consumer education is needed in the digital insurance age

DXC

For the insurance sector, this has brought forth both new market opportunities and new market confusion. The insurance sector has leveraged digital for new ways of working, and that has proven to be especially valuable in light of […]. Insurance digital insurance

Mainframes, Freight Trains and Education Pains

Rocket Software

Programmers should influence our educational institutions. You’re tapping into the vein of what those forward-thinking educators want. The post Mainframes, Freight Trains and Education Pains appeared first on The Rocket Software Blog. By David Robertson , guest blogger.

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UnitedHealth Group invests $8.25M to aid data scientist education

Information Management Resources

The health insurer and the Atlanta University Center Consortium—the oldest and largest consortium of historically black colleges and universities—are partnering to help students become data analytics experts.

Cyber Insurance: Addressing Your Risks and Liabilities

Hunton Privacy

In a webinar, entitled Cyber Insurance: Addressing Your Risks and Liabilities , hosted by Hunton & Williams LLP and CT , Hunton & Williams partners Lon A. Sotto provide a background into the current cyber threats and educate companies and their counsel on how to take full advantage of their existing insurance programs and specialized cyber insurance products to effectively and proactively address cyber risks.

Department of Education and Department of Health and Human Services Release First Update to Joint Guidance on FERPA and HIPAA Since 2008

Hunton Privacy

Department of Education and the U.S. Department of Health and Human Services released joint guidance on the application of the Family Educational Rights and Privacy Act (“FERPA”) and the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) Privacy Rule to student records. The 27-page document includes FAQs clarifying for schools, health care professionals and families how FERPA and HIPAA apply to student education and health records. The U.S.

Court Compels Non-Party Insurance Agents to Produce Text Messages in TCPA Case: eDiscovery Case Law

eDiscovery Daily

Farmers Insurance Exchange, No. The plaintiff sought to represent similarly situated plaintiffs who received messages without their consent marketing certain Farmers Insurance products. In Gould v. 4:17 CV 2305 RWS (E.D. 30, 2018) , Missouri District Judge Rodney W.

The Tragedy of the Data Commons

John Battelle's Searchblog

No, this post is about the business of health insurance. Last week ProPublica published a story titled Health Insurers Are Vacuuming Up Details About You — And It Could Raise Your Rates. So what does this have to do with healthcare, data, and the insurance industry?

Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The New York State Department of Financial Services recently amended its annuity suitability regulation to apply a “best interest” standard in connection with both life insurance and annuity transactions with consumers. Long-Term Care Insurance (EX) Task Force Organizes Six Work Streams Relevant to Its Charges .

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The Third Modern Data Management Summit: Making Data Work!

Reltio

Overall the event provided best in the industry networking opportunity and educational sessions that offered new ways for companies to think about their data in the new digital economy. Ankur Gupta, Sr. Product Marketing Manager, Reltio.

#ModernDataMasters: Henrik Liliendahl, Chairman & CTO, Product Data Lake

Reltio

I was educated in computer engineering but my first job was on the business side. Uncategorized B Compliance & GDPR B Consumer 360 B Customer 360 B Digital Transformation B Financial Services & Insurance B Healthcare B High-Tech & Manufacturing B IT B Business B Life Sciences B Machine Learning B Patient & Member 360 B Retail & CPGKate Tickner, Reltio.

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10 IG Steps to Foster Privacy, Transparency Compliance During and After COVID-19

InfoGoTo

Educate all employees and contractors on the steps being taken, such as the collection of data and how it’s handled, protected and shared.

Ransomware infected systems at Xchanging, a DXC subsidiary

Security Affairs

Xchanging is a business process and technology services provider and integrator, which provides technology-enabled business services to the commercial insurance industry. Xchanging is primarily an insurance managed services business that operates on a standalone basis.”

Business ID Theft Soars Amid COVID Closures

Krebs on Security

She shared with me a copy of the lease, which included a fraudulent ID and even a vehicle insurance card for a Land Cruiser we got rid of like 15 years ago.

Addressing the Benefit Claims Process Challenge

InfoGoTo

A big impact, according to Mary Ellen Buzzelli, Director of State, Local and Education Strategy for Iron Mountain Government Solutions. What size impact is the COVID-19 pandemic having on the state agency benefit claims processes?

Customer Tracking at Ralphs Grocery Store

Schneier on Security

To comply with California's new data privacy law, companies that collect information on consumers and users are forced to be more transparent about it. Sometimes the results are creepy.

COUNTDOWN TO IBM THINK WITH IBM CHAMPION BOB BERSANO

Rocket Software

What it means to be an IBM Champion: I enjoy assisting and educating the IBM community on Db2 tools and how they can simplify common everyday work tasks. I love educating customers how important backup and recovery are to a business.

[Podcast] The AIIM Conference – Then and Now

AIIM

Hear Riley McIntosh from Pacific Life Insurance and Alison Clarke from OpenText talk about how Pacific Life took their Records Management program and transformed it from a risk-based program to an information value-based program using process efficiencies and automation.

Vermont’s Amendments to Data Breach Law and New Student Privacy Law Effective July 1, 2020

Hunton Privacy

heath records or records of a wellness program or similar program of health promotion or disease prevention, a health care professional’s medical diagnosis or treatment of the consumer or a health insurance policy number.

Two New Proposed Rules Would Increase Interoperability of Health Information

InfoGoTo

It would also simplify the process of transitioning between insurance plans and providers by helping patients access their information thereby easing the flow of PHI.

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5 Pillars of a Successful Digital Transformation

AIIM

Being aware and educated on the most common obstacles businesses face can help with preliminary strategies and prevention planning. For example, an oil and gas company will not have the same objectives as an insurance provider.

How Many States Have Outlawed Ransomware? You May Be Shocked: Cybersecurity Trends

eDiscovery Daily

This while the Insurance Journal reported (via Reuters – hat tip again to Ride the Lightning) last week that U.S. insurers are ramping up cyber-insurance rates by as much as 25% and trying to curb exposure to vulnerable customers after a surge of costly claims.

Phishing emails and malicious attachments responsible for 34% of cyber attacks

IT Governance

The gaming and public-sector industries were mostly affected by targeted attacks, whereas the insurance and telecom industries mostly suffered opportunistic attacks. If employees aren’t fully educated on phishing, they are liable to underestimate the threat.

Secure Shredding 101

InfoGoTo

credit card applications, health insurance documents, pay stubs, bank statements). “Keep three to four years of tax returns in a firebox,” Brent Neiser, senior director of the nonprofit National Endowment for Financial Education, told Business Insider. In the past six years, identity theft has cost people over $107 billion in the United States, according to the 2017 Identity Fraud Study conducted by Javelin.

List of data breaches and cyber attacks in February 2020 – 623 million records breached

IT Governance

Preschool services provider Educational Enrichment Systems discloses cyber attack (unknown). Pacific Specialty Insurance Company notifies plan members of 2019 data breach (unknown). Arizona Department of Education exposes parents’ scholarship accounts (7,000).

NEW TECH: DataLocker introduces encrypted flash drive — with key pad

The Last Watchdog

We expect it to be big in education, finance, legal, healthcare and government; anytime a doctor wants to transport personally identifiable information from, let’s say a doctor’s office to an insurance office, or law enforcement has a large amount of data that they can’t send by e-mail.

Court Observes “Timing is Everything” in Determining When Litigation is Anticipated: eDiscovery Case Law

eDiscovery Daily

In this theft-of-business-property insurance claim case, each party had a significantly different view about the time of when the defendant first anticipated litigation. August 3, 2017 , because it was the date when “Covington’s assigned claims administrator sent the insured correspondence. advising Covington that the insured had retained the law firm of Padula Bennardo Levine in relation to the subject claim.”:

Watch out! Malware Analysis Sandboxes could expose sensitive data of your organization

Security Affairs

The experts also discovered a large number of insurance certificates that expose various personally identifiable information (PII), such as names, phone numbers, postal and email addresses.

Government survey reveals GDPR awareness is falling short

IT Governance

Of the businesses surveyed, those in the finance and insurance industries had the highest levels of awareness (79%), followed by information and communications (67%) and education (52%).

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Access to over 3,000 compromised sites sold on Russian black marketplace MagBo

Security Affairs

Most of the compromised websites are e-commerce sites, but crooks also offered access to websites of organizations in healthcare, legal, education and insurance industries and belonging to government agencies.

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TA505 group updates tactics and expands the list of targets

Security Affairs

and which used emails with subjects pertaining to finance or urgent concerns on insurance policies. The emails used in these campaigns used subjects pertaining to finance or urgent concerns on insurance policies.”

Creating a Smart Scanner with Raspberry Pi Sidecar and TWAIN Direct

Document Imaging Report

It will benefit industries using traditional scanners, like education, insurance, banking, and government. By Xiao Ling, Technical Content Writer, Dynamsoft. Raspberry Pi microcomputer. TWAIN Direct is a new communication standard created by the TWAIN Working Group.

The Problem With the Small Business Cybersecurity Assistance Act

Security Affairs

Small Business Development Center (SBDC) locations to secure educational materials, enroll in programs, and work with representatives from the Department of Homeland Security to better understand and confront cyber threats and risks.

Will Lawyers Ever Embrace Technology?: eDiscovery Best Practices, Part Four

eDiscovery Daily

Craig Ball once made a great point in responding to a post of mine about educating lawyers when he said “ We not only need to persuade lawyers to take the plunge, we need to insure there’s a pool for them to jump into. Pursue online education?

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. Education is also becoming increasingly important when protecting organisations.

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List of data breaches and cyber attacks in May 2019 – 1.39 billion records leaked

IT Governance

which breached sixteen years’ worth of insurance data. Hackers breach the Philippines United Student Financial System for Tertiary Education (unknown). leaked sixteen years’ worth of title insurance records (885 million). The cyber security story for May 2019 is much the same as it was last month, with one mammoth breach raising the monthly total. The offender this time is the First American Financial Corp.

62% of organisations unaware of the GDPR

IT Governance

The finance and insurance (79%), information or communications (67%) and education (52%) sectors have the highest awareness of the GDPR. The finance and insurance sector is also the most likely to have put in place measures to comply with the GDPR, with 54% having done so.

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Court Sides with Defendants in Subpoena of Police Department Records of Unsolved Murder: eDiscovery Case Law

eDiscovery Daily

DiGiusti granted the “Children” defendants’ Motion to Compel against non-party City of Oklahoma City Police Department (“OCPD”) to comply with the Children’s subpoena of records related to the murder of their father in a civil case with the insurance company.