eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. Third-party governance. IT governance and security. Privacy governance and management. Insurance & claims management. Audit management.

Compliance 57

Compliance Risk Government Retail 57

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS). employees).

GDPR 100

GDPR e-Discovery Compliance Metadata 100

Rocket Software

NOVEMBER 19, 2020

For example, RPA has the capacity to assist claims administrators and very possibly transform the financial model of healthcare altogether. That’s just one (albeit particularly timely) example of the power of RPA. Their job changes, and for the better. . This is also where that timeliness aspect I mentioned earlier comes in.

Insurance 68

Insurance Financial Services Sales Government 68

Security Affairs

APRIL 20, 2023

In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security. ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals.

Personal data 97

Personal data Phishing Risk Financial Services 97

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Also read : Top Governance, Risk, and Compliance (GRC) Tools for 2022. Risk management is a concept that has been around as long as companies have had assets to protect.

Risk 141

Risk Cybersecurity Encryption Access 141

The Last Watchdog

MARCH 26, 2019

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

Security 145

Security Digital transformation Financial Services Risk 145

Data Protection Report

APRIL 2, 2020

On March 10, 2020, the New York Department of Financial Services (NYDFS) issued guidance to all of its regulated institutions engaged in virtual currency business activity, requiring them to have plans for preparedness to manage the possible operational and financial risks posed by the COVID-19 pandemic.

Risk 59

Risk Communications Authentication Financial Services 59

The Last Watchdog

AUGUST 22, 2019

On one hand, threat actors have already begun exploiting fresh attack vectors, borne of this rising complexity, and, on the other, government authorities and industry standards bodies are insisting on compliance with increasingly cumbersome data-handling security rules. One example is Redis, which stands for R e mote Dictionary Server.

Digital transformation 147

Digital transformation Compliance Risk Security 147

Data Matters

SEPTEMBER 4, 2019

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 amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

Insurance 68

Insurance Paper Risk Analytics 68

Reltio

JULY 2, 2019

Particularly the data governance side is beginning to be seen as really important. One example is a project I did at Boots who are famous for 3-for-2 promotions. We had one which is a good example of something I really believe in which is that you need to get out into the stores and not just sit in front of a computer.

Analytics 58

Analytics Insurance Artificial Intelligence Data science 58

Info Source

MAY 13, 2020

For example, US decision makers believe RPA will be most valuable for improving the customer experience (40%) and financial planning and decision making (38%). Financial planning & decision-making. Figure 1: US respondents – “Where do you think process mining/RPA would be useful in your organization?”. About ABBYY.

Mining 52

Mining Customer Experience Financial Services Insurance 52

Data Matters

NOVEMBER 2, 2021

For example, we see customer interest in posting digital assets as collateral for derivatives transactions on digital assets; however, we think this will not be permissible if the digital asset derivatives are regulated swaps or security-based swap transactions. regulated broker-dealer.

Blockchain 88

Blockchain Marketing Access Risk 88

IT Governance

APRIL 11, 2019

Financial services firms must do more to educate employees about cyber security, according to the FCA (Financial Conduct Authority). What should financial organisations be doing? Get started >> The post Finance sector must simplify staff awareness training appeared first on IT Governance Blog.

Retail 66

Retail Risk Education Financial Services 66

eSecurity Planet

FEBRUARY 16, 2021

Screenshot example. Expanding on what a ransomware attack looks like, here is an example of how Locky would appear on your desktop. Only 38% of state and local government employees are trained for ransomware prevention, and only 29% of small businesses have experience with ransomware ( IBM ). Statistics. Ransomware facts.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. Third-party governance. IT governance and security. Privacy governance and management. Insurance & claims management. Audit management.

Compliance 67

Compliance Risk Government Retail 67

CGI

MAY 26, 2016

Overlapping SEC and FINRA cybersecurity-related requirements target the following areas: Governance and risk assessment. examples, the trend of increasing regulation to mitigate cybersecurity risks can be found within other countries as well. Impacted areas. Access rights, controls and confidentiality. Data loss prevention.

Cybersecurity 40

Cybersecurity Risk Financial Services Compliance 40

ARMA International

APRIL 18, 2022

The purpose of this article is to remove the fear and intimidation of domestic and global data protection laws and show how these laws and requirements are consistent with the existing objectives of your records retention schedule and information governance policy. Definition and Purpose of a Records Retention Schedule.

Personal data 100

Personal data GDPR Privacy Records Management 100

Info Source

AUGUST 5, 2019

For example, financial services institutions are challenged with onboarding new customers for products including mortgages, consumer credit offerings, traditional banking services and investment products. We call this Digital IQ for the enterprise. The use cases for Digital IQ cross all industry boundaries.

Digital transformation 40

Digital transformation Mining Artificial Intelligence Marketing 40

Data Matters

FEBRUARY 25, 2021

The FCA has provided new guidance for PIs and EMIs using the “insurance or comparable guarantee” method of safeguarding. This includes a requirement that the insurance policy or comparable guarantee must pay out for the full amount of any claim regardless of how the relevant insolvency event occurs (including if the firm is at fault).

Authentication 68

Authentication Paper Risk Insurance 68

CGI

JUNE 15, 2016

For Example: Insurance. Financial Services. Local Government. Central Government. Industries that are labour intensive with highly repeatable processes are ones where Robotic Process Automation has already been widely utilised. . Healthcare.

Financial Services 40

Financial Services Retail Insurance Government 40

Reltio

MARCH 19, 2019

It will be possible to put more emphasis on the people, process and data governance which really make MDM live and breathe.”. We teach that problem solving is at the core of MDM, and how important data governance principles are regardless of the configuration of the underpinning technology.”. Prioritise people, process and governance.

MDM 75

MDM Retail IT Government 75

Data Matters

JANUARY 2, 2018

In Carpenter , the government obtained months’ worth of a suspect’s cell phone location records pursuant to the Stored Communications Act (SCA). Carpenter argues that the government is required to receive a warrant under the Fourth Amendment for his location records. SEC on Cybersecurity and Rise of Shareholder Breach Litigation.

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 68

DLA Piper Privacy Matters

JULY 30, 2019

Beyond data breach notification laws relating to personal information, the covered entity and service provider’s rights and obligations relating to cyber incidents are often defined by contract. Third-party service provider management is one of the hottest areas of cybersecurity law development.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

DLA Piper Privacy Matters

APRIL 2, 2020

Governments and cybersecurity experts are reporting a surge in COVID-19-related phishing activity. Where appropriate, employers may consider providing specific examples to illustrate how to spot malicious messages or engaging a security firm to send test phishing messages. Enabling “safe searching” browser security features can help.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

Data Protection Report

MARCH 7, 2024

The proposed definition of “listed identifier” is Full or truncated government identification or account number (such as a Social Security Number, driver’s license or state identification number, passport number, or Alien Registration Number) [Note that this definition apparently includes truncated Social Security Numbers.]

Access 58

Access Military Compliance Personal data 58

KnowBe4

FEBRUARY 14, 2023

Just one example are scammers that pose as representatives from a Ukrainian charity foundation that seeks money to help those affected by the natural disasters that struck in the early hours of Monday. By Javvad Malik Insurance provider Hiscox has published its fifth annual cyber readiness report, which has some eye-opening statistics.

Phishing 85

Phishing Security awareness Compliance Risk 85

Data Matters

AUGUST 5, 2019

Furthermore, although entities that already comply with the breach notification requirements under certain state or federal laws (such as the Health Insurance Portability and Accountability Act (HIPAA), the New York Department of Financial Services cybersecurity regulations (23 N.Y.C.R.R.

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

Info Source

MARCH 16, 2022

For example, when submitting an insurance claim for a damaged item, inputs will be provided through a variety of channels including eforms, fax, scanned documents, voice, or video. In the Finance sector, this drives the demand for online banking, Neobanks,and even Fintechs. In future we expect an even higher level of digital inputs.

Information capture 59

Information capture Marketing Digital transformation Cloud 59

Info Source

MARCH 16, 2022

For example, when submitting an insurance claim for a damaged item, inputs will be provided through a variety of channels including eforms, fax, scanned documents, voice, or video. In the Finance sector, this drives the demand for online banking, Neobanks,and even Fintechs. In future we expect an even higher level of digital inputs.

Information capture 52

Information capture Marketing Digital transformation Cloud 52

erwin

FEBRUARY 7, 2019

As such, traditional – and mostly manual – processes associated with data management and data governance have broken down. The banking, financial services and insurance industry typically deals with higher data velocity and tighter regulations than most. Metadata-Driven Automation in the Insurance Industry.

Metadata 96

Metadata Healthcare Insurance Financial Services 96

eSecurity Planet

SEPTEMBER 16, 2022

For example, Experian’s 2021 Global Identity and Fraud Report stated that 82% of surveyed businesses had adopted customer recognition strategies. Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution. Government organizations are arguably the most at risk of fraud attempts.

Analytics 113

Analytics Risk Authentication Financial Services 113

Reltio

APRIL 4, 2019

Reltio is a good example of that – it doesn’t fit neatly into one of the legacy boxes. For example, you can’t do MDM without data integration – you probably can’t do it without data quality either. I believe that operational data governance will continue to rise in importance.

MDM 40

MDM Marketing IT Compliance 40

Reltio

JUNE 20, 2019

But that was my route into data management and going from there into MDM PIM and data governance. Could you also please share an example of where things have not gone so well and what you learned from the experience? As far as specific examples go, I could share a few stories but it’s probably better if I don’t!

MDM 49

MDM Manufacturing Computer and Electronics Digital transformation 49

Krebs on Security

SEPTEMBER 27, 2019

Magnify Money explains more: “Say, for example, that you write yourself a check for $500 from checking account A, and deposit that check into checking account B — but the balance in checking account A is only $75. Then, you promptly withdraw the $500 from checking account B. 1, 2019 to Aug.

Financial Services 250

Financial Services Insurance Cloud IT 250

Data Matters

AUGUST 17, 2021

On August 11, 2021, the Federal Financial Institutions Examination Council (FFIEC)1 issued guidance establishing risk management principles and practices to support the authentication of users accessing a financial institution’s information systems and customers accessing a financial institution’s digital banking services (the Guidance).

Authentication 88

Authentication Access Risk Financial Services 88

Info Source

DECEMBER 8, 2023

The lack of Telecoms infrastructure and digital skill development presents a hurdle; however, where investments by local government or overarching organisations close the gap, they will enable in particular economies with young populations. For example, organisations in the Legal and Retail sector may see impressive ROIs.

Marketing 40

Marketing Customer Experience Energy and Utilities Digital transformation 40

CGI

JULY 20, 2018

What’s more, it’s poised to spill over from financial services into a wide range of industries. A good example is an early use case that included CGI and Ripple , but there are other more recent examples from Southeast Asia to Saudi Arabia. This year will be the test of whether pilots can be turned into production.

Blockchain 45

Blockchain Financial Services Insurance Manufacturing 45