Remove Events Remove Government Remove Insurance Remove Trends
article thumbnail

Kentucky and Maryland Recently Joined Other States in Adopting NAIC Model Data Security Law.

Data Matters

Kentucky and Maryland recently continued the trend of state insurance departments adopting some version of the National Association of Insurance Commissioners’ (“NAIC”) Insurance Data Security Model Law. Kentucky Governor Andy Beshear signed House Bill 474 into law, and Maryland Governor Larry Hogan signed SB 207.

Insurance 103
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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

After Springhill: Assessing the Impact of Ransomware Lawsuits

eSecurity Planet

The legal complaint [PDF] notes that on July 9, 2019, the day it was hit by a ransomware attack, Springhill Memorial Hospital contended that the event had “not affected patient care.” ” Cyber Insurance No Longer Reliable. Also read: Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs. .

article thumbnail

How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

A leading insurance player in Japan leverages this technology to infuse AI into their operations. Real-time analytics on customer data — made possible by DB2’s high-speed processing on AWS — allows the company to offer personalized insurance packages.

article thumbnail

What is a Cyberattack? Types and Defenses

eSecurity Planet

Cyberattacks are on the rise, with cyber criminal trends and techniques becoming increasingly sophisticated and creative. These new attacks affect everything from private citizens and businesses to government systems; healthcare organizations; public services; and food, water, and fuel supply chains. Ransomware. Other methods.

article thumbnail

Biden Cybersecurity Strategy: Big Ambitions, Big Obstacles

eSecurity Planet

The first is to rebalance responsibility for cybersecurity away from individuals, small businesses and local governments, and towards “the owners and operators of the systems that hold our data and make our society function, as well as of the technology providers that build and service these systems.”

article thumbnail

AIIM Conference 2020 Keynote – Tomorrow’s Jobs Today – Rafael Moscatel

Information Governance Perspectives

I’m Rafael Moscatel, I’m an AIIM member, and I’ve had the distinct pleasure of attending several of its thought leadership events over the past few years and had the opportunity to meet and become friends with many of you. For a film studio, that’s producing content, and entertaining your audience.