Hunton Privacy

JUNE 9, 2022

Unlike other state laws based on MDL-668, however, the Vermont Insurance Data Security Law declines to establish separate cybersecurity event notification requirements for licensees. Cybersecurity Event Investigation and Notification Requirements. Licensees must maintain records about these cybersecurity events for at least five years.

Insurance 107

Insurance Security Information Security Cybersecurity 107

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

It becomes, therefore, essential for retailers to consider the fresh insights provided by the Thales 2023 Data Threat Report – Financial Services Edition. It is important to ensure that employees are continuously trained, kept aware of new threats and remaining vigilant in detecting and reporting abnormal behaviors.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

IBM Big Data Hub

MARCH 27, 2024

Climate change causes extreme weather events across the world that endanger people’s lives and disrupt the businesses on which they depend. The United States saw 25 climate disaster events in 2023 with losses of more than USD 1 billion each. These events included floods, severe storms and a drought.

Risk 68

Risk Artificial Intelligence Agriculture Financial Services 68

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. The regulation requires that a licensee report a cybersecurity event to NYDFS within 72 hours of its determination of the event. NYDFS Cybersecurity Regulation.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

IBM Big Data Hub

AUGUST 1, 2023

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

Financial Services 68

Financial Services Computer and Electronics Cloud Digital transformation 68

Hunton Privacy

JULY 12, 2021

On June 30, 2021, the New York State Department of Financial Services (“NYDFS,” the “Department”) issued guidance to all New York state regulated entities on ransomware (the “Guidance”), identifying controls it expects regulated companies to implement whenever possible.

Ransomware 102

Ransomware Security Financial Services Cybersecurity 102

IT Governance

NOVEMBER 23, 2023

Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services. In turn, financial institutions heavily depend on ICT to be able to provide those services to begin with. That really shouldn’t surprise us – these are lucrative targets for cyber criminals.

Risk 104

Risk Data breaches Authentication Financial Services 104

IBM Big Data Hub

FEBRUARY 14, 2024

But right now, pure AI can be programmed for many tasks that require thought and intelligence , as long as that intelligence can be gathered digitally and used to train an AI system. Generative AI can produce high-quality text, images and other content based on the data used for training. We’re all amazed by what AI can do.

Artificial Intelligence 88

Artificial Intelligence Retail Unstructured data Insurance 88

Reltio

FEBRUARY 22, 2024

We unveiled the velocity packs in February, featuring pre-built connectors and smooth integrations to speed deployment for clients in sectors like healthcare, financial services, and insurance. As lead sponsor of the DataDriven23 conference, Reltio assembled data luminaries from across industries for a three-day event in Dallas.

Customer Experience 52

Customer Experience MDM Healthcare Digital transformation 52

eSecurity Planet

JUNE 16, 2022

Capital markets, insurance, financial services, and banking are now online. Security information and event management (SIEM). Security information and event management is a system that gives users 360-degree real-time visibility into their entire IT infrastructure, which allows users to respond to threats almost instantly.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

IBM Big Data Hub

FEBRUARY 23, 2024

DL models can improve over time through further training and exposure to more data. ML and DL lie at the core of predictive analytics, enabling models to learn from data, identify patterns and make predictions about future events. Clean data is fundamental for training your AI. AI training is a continuous process.

Analytics 106

Analytics Artificial Intelligence Marketing Education 106

IBM Big Data Hub

MAY 9, 2023

It’s why we gave partners access to the same training and enablement as IBMers last year, launched a new partner program in January, and continue investing in and growing the IBM Ecosystem. In fact, we kicked off the event with a day dedicated to partners — aptly named Partner Plus Day.

Cloud 101

Cloud Financial Services Marketing IT 101

Security Affairs

MARCH 14, 2022

Ongoing attacks could cause severe damages to multiple sectors, including transportation, communication, financial services, government facilities, nuclear reactors, and critical manufacturing. This sudden surge in attacks is due to the geopolitical events of the current Russian – Ukraine conflict.”

Risk 97

Risk Financial Services Manufacturing Communications 97

eSecurity Planet

AUGUST 22, 2023

Jump ahead to: Prioritize Data Protection Document Your Response Process Make Users Part of the Process Understand Business Context Be Thorough Proactively Collect and Organize Data Don’t Forget Network Analysis Train and Drill Enlist Outside Help Go on the Offensive 1. See the Top Cybersecurity Employee Training Programs 4.

Data breaches 91

Data breaches Big data Cybersecurity Security 91

KnowBe4

FEBRUARY 14, 2023

For KnowBe4 customers, we have a few templates with this topic in the Current Events. This means you have a bunch of users that unwittingly follow a set of unusual and unnecessary clicks that they should know better than to follow – something they learn very quickly if they are enrolled in new-school security awareness training.

Phishing 85

Phishing Security awareness Compliance Risk 85

IT Governance

JULY 13, 2018

Common tactics include creating a sense of urgency, impersonating trusted brands, seeking to exploit natural curiosity and taking advantage of frequent events such as software updates. It is now more important than ever to train your staff on the risks of phishing attacks. The human factor.

Phishing 66

Phishing Financial Services Education Risk 66

Hunton Privacy

APRIL 27, 2017

Earlier this month, the New York State Department of Financial Services (“NYDFS”) recently published FAQs and key dates for its cybersecurity regulation (the “NYDFS Regulation”) for financial institutions that became effective on March 1, 2017. September 3, 2018 – the eighteen month transitional period ends.

Cybersecurity 53

Cybersecurity Compliance Financial Services Insurance 53

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. However, to meet your compliance requirements, you need to conduct regular staff awareness training to help employees respond appropriately.

Compliance 119

Compliance Data breaches Privacy Risk 119

Data Protection Report

JANUARY 7, 2019

The two-year transitional period under the New York State Department of Financial Services (“DFS””) Cybersecurity Regulation , 23 NYCRR 500 (the “Regulation”), will expire on March 1, 2019, with the final remaining requirement becoming effective. Upcoming certifications.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

Hunton Privacy

AUGUST 15, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). As part of the “training and monitoring” requirements under Section 500.14

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

Info Source

DECEMBER 5, 2017

With customers in nearly every industry including government, education, financial services, manufacturing and health care, Laserfiche offers solutions tailored to organizations’ needs, and the expertise and personalized service that drive customer success.

ECM 40

ECM Education Financial Services Manufacturing 40

IBM Big Data Hub

JANUARY 18, 2024

For complex purchases with a multi-step sales funnel, chatbots can ask qualification questions and connect customers directly with trained sales agents to lift your conversion rate. Government Empower citizens to access basic information on paying bills and upcoming events by using chatbots.

Sales 97

Sales Artificial Intelligence Communications Marketing 97

IBM Big Data Hub

APRIL 18, 2024

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. However, these systems lack genuine understanding and can’t adapt to situations outside their training. AGI wouldn’t just perceive its surroundings; it would understand them.

Artificial Intelligence 96

Artificial Intelligence Marketing e-Delivery Manufacturing 96

HL Chronicle of Data Protection

MAY 13, 2019

For example, the New York Department of Financial Services (‘NYDFS’) in March 2017 issued its Cybersecurity Regulation (23 NYCRR 500) (‘the NYDFS Cybersecurity Regulation’), a groundbreaking and far-reaching regulatory regime focused on financial institutions licensed in New York, including insurance companies.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

HL Chronicle of Data Protection

MARCH 14, 2019

The plan must enable FIs to promptly respond to and recover from security events affecting customer information. It must also address the goals of the plan, internal processes for responding to a security event, and documentation and reporting regarding security events and related incident response activities. Employee training.

Privacy 40

Privacy Risk Cybersecurity Information Security 40

Hunton Privacy

FEBRUARY 25, 2021

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.

Insurance 70

Insurance Cybersecurity Risk Education 70

Data Matters

MARCH 12, 2019

Of particular note, the Safeguards Rule NPRM proposes to align the FTC’s requirements with those of the New York Department of Financial Services (“NYDFS”), as found in its cybersecurity regulations, and the National Association of Insurance Commissioners (“NAIC”), as found in its insurance data security model law.

Privacy 68

Privacy IT Information Security Insurance 68

CGI

MAY 26, 2016

Years of testing have afforded financial institutions a certain level of confidence that their staff would know how to react in the event of a disaster. Overlapping SEC and FINRA cybersecurity-related requirements target the following areas: Governance and risk assessment. Access rights, controls and confidentiality. Vendor management.

Cybersecurity 40

Cybersecurity Risk Financial Services Compliance 40

DLA Piper Privacy Matters

AUGUST 23, 2021

The PIPL includes a specific obligation on data controllers to adopt corresponding encryption or deidentification technologies, and to adopt access controls and training. Immediate remedial action must be taken in the event of any suspected or actual data disclosure, loss or tampering. This aligns with the new Data Security Law.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

eSecurity Planet

FEBRUARY 16, 2021

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Healthcare and financial services are the most attacked industries.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Collibra

OCTOBER 31, 2023

With business and technology leaders from around the globe exploring how data fuels the industry, and presentations on everything related to accelerating financial data pipelines and delivering data in the cloud, the event offered executive thought leadership on emerging technologies. Already using AI?

Marketing 88

Marketing Government Financial Services Artificial Intelligence 88

DLA Piper Privacy Matters

JULY 30, 2019

Some states – such as Alabama, Massachusetts and New York (for financial services companies) – prescribe particular requirements of a “reasonable” cybersecurity program. At least nine states expressly extend these requirements to service providers. Proof of adequate cyber insurance coverage.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

IBM Big Data Hub

MAY 10, 2023

Putting events to work with IBM Event Automation With today’s relentless work pace and constantly shifting customer needs and market dynamics, thousands of business events flow through your organization every day. Customers can now use over 30 new pre-built/pre-trained skills for SAP SuccessFactors, Oracle HCM and Workday.

Artificial Intelligence 87

Artificial Intelligence Cloud Marketing Digital transformation 87

IBM Big Data Hub

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Financial Services 90

Financial Services Cloud Compliance Artificial Intelligence 90

KnowBe4

JUNE 20, 2023

This incident highlights how the North Korean regime trains cybercriminals to deceive people by impersonating tech workers or employers as part of their illegal activities. Train them not to fall for bogus job offers. A specific example of their actions involved using a fake job offer to trick a startup into losing over $600 million.

Data breaches 77

Data breaches Phishing Security awareness Ransomware 77

IBM Big Data Hub

FEBRUARY 8, 2023

This necessitates the detection of bias during data acquisition, building, training, deploying and monitoring models. Organizations in highly regulated markets such as healthcare, government and financial services have additional challenges in meeting industry regulations around data and models. million. “The

Artificial Intelligence 52

Artificial Intelligence Compliance Analytics Government 52

Data Protection Report

AUGUST 11, 2022

On July 29, 2022, the New York Department of Financial Services (NYDFS) announced a “pre-proposed outreach” of material proposed changes to almost every section of its cybersecurity regulations, and would affect each entity covered by the current regulations of 23 NYCRR Part 500. Cybersecurity Event Notification Would Expand.

Cybersecurity 58

Cybersecurity Risk Passwords Compliance 58