HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

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

The Last Watchdog

AUGUST 22, 2019

A core security challenge confronts just about every company today. While the benefits of DX are highly-touted , this shift has also spawned a whole new tier of unprecedented privacy and security challenges. The cloud is kind of dragging this movement along and DevOps and security are center stage, at the moment.”

Digital transformation 147

Digital transformation Compliance Risk Security 147

AIIM

OCTOBER 15, 2018

Hence the concept of electronic identification and trust services ( eIDAS ) as defined in EU regulation 910/2014 is centered around trust and security and certificate-based signing. Allianz – a global financial services and insurance company – is one of those organizations which had to rethink their approach on e-signatures.

Compliance 109

Compliance Insurance Digital transformation Authentication 109

IBM Big Data Hub

MARCH 27, 2024

In Africa, for example, recurring droughts, floods and cyclones due to climate change might cause crop failures and food insecurity. Substantial repair costs might arise, particularly impacting insurance companies. In India, for example, the states of Uttar Pradesh and Bihar are in a region of extreme summers and winters.

Risk 67

Risk Artificial Intelligence Agriculture Financial Services 67

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. However, despite the critical status of bank infrastructure on the national level, the security of crucial data was not ensured. million files belonging to ICICI Bank.

Personal data 98

Personal data Phishing Risk Financial Services 98

Rocket Software

AUGUST 17, 2020

Depending on what industry you’re in, your approach to security may be very different. For some sectors, like finance, security and data protection are top of mind for everything that is done. Financial services organizations typically experience the most data breaches and hacks, which makes security a priority.

Authentication 52

Authentication Financial Services Passwords Insurance 52

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

Info Source

JULY 6, 2023

For example, if your experience as an end customer in an interaction with your bank, insurance carrier, car dealer etc. t starts with the prospect, who has researched alternatives based on her/his specific needs selecting a financial services provider and type of loan and submitting a request. as quickly as possible.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

Data Matters

MARCH 28, 2022

Department of Health and Human Service’s Office for Civil Rights (“OCR”) issued industry guidance for Health Insurance Portability and Accountability Act (“HIPAA”) regulated entities to take preventative steps to protect against some of the more common, and often successful, cyber-attack techniques. 45 CFR 164.308(a)(5)(i).

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

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. Read more : Top Database Security Solutions for 2022. Some enterprises may be comfortable with 99 percent of all security upgrades being made. Maintaining Regulatory Compliance.

Risk 144

Risk Cybersecurity Encryption Access 144

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).

GDPR 100

GDPR e-Discovery Compliance Metadata 100

Thales Cloud Protection & Licensing

JULY 9, 2018

Individuals and businesses need to combat these threats to secure their own assets and reputations as well as to comply with increasingly numerous and rigorous regulations, such as the EU’s now active General Data Protection Regulation (GDPR). For example, a national identity number of nine digits (123-45-6789) when tokenized (e.g.

Digital transformation 75

Digital transformation Financial Services Encryption Insurance 75

IBM Big Data Hub

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

Insurance 107

Insurance Digital transformation Customer Experience Cloud 107

IBM Big Data Hub

FEBRUARY 14, 2024

For example, Amazon reminds customers to reorder their most often-purchased products, and shows them related products or suggestions. And if AI can guide a Roomba, it can also direct self-driving cars on the highway and robots moving merchandise in a distribution center or on patrol for security and safety protocols.

Artificial Intelligence 88

Artificial Intelligence Retail Unstructured data Insurance 88

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

Rocket Software

MARCH 11, 2022

For businesses that rely on mainframes, secure access to the data stored there is simply a business requirement. Since Rocket’s solution supports BYOD (Bring Your Own Device), end-users can have platform diversity in a secure, web-based experience. Reduce costs without compromising security. Unify and simplify IT environments.

Retail 52

Retail Manufacturing Compliance Access 52

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? BEC (business email compromise), which targets high-level employees, is a major security risk , and needs to be addressed head-on.

Retail 66

Retail Risk Education Financial Services 66

IBM Big Data Hub

FEBRUARY 23, 2024

For example, natural language understanding (NLU) focuses on comprehension, enabling systems to grasp the context, sentiment and intent behind user messages. For example, a chat bubble might inquire if a user needs assistance while browsing a brand’s website frequently asked questions (FAQs) section.

Analytics 106

Analytics Artificial Intelligence Marketing Education 106

Data Matters

NOVEMBER 2, 2021

We will also discuss a developing range of services referred to as digital asset “prime brokerage” — describing the suite of services typically provided by these prime brokers and comparing them to traditional offerings of prime brokers in the securities space.

Blockchain 88

Blockchain Marketing Access Risk 88

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Screenshot example. Expanding on what a ransomware attack looks like, here is an example of how Locky would appear on your desktop. Also Read: Best Encryption Tools & Software for 2021.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

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

Data Matters

FEBRUARY 25, 2021

This follows the FCA’s announcement in its 2020-21 business plan that payment services were one of its main supervisory priorities 1 and its temporary guidance of July 9, 2020, on prudential risk management and safeguarding in light of the COVID-19 pandemic ( Temporary COVID Guidance ). its Perimeter Guidance Manual (PERG).

Authentication 68

Authentication Paper Risk Insurance 68

CGI

MAY 26, 2016

Financial institutions in the U.S. The combined and increased focus of the Securities Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC) on cybersecurity issues are indicative of U.S. Security incident response plan testing. Controls testing.

Cybersecurity 40

Cybersecurity Risk Financial Services Compliance 40

Adam Levin

NOVEMBER 17, 2020

Mobile payment platforms, like Apple Pay and Google Pay, use advanced technology, like fingerprint authentication and tokenization (in which credit card account numbers are replaced by randomly generated numbers) to provide brick-and-mortar shoppers with an added layer of security. Browse online using secure networks.

Retail 97

Retail e-Delivery Passwords Phishing 97

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. I talk often about the back-and-forth that exists between cybercriminal groups and security vendors.

Phishing 85

Phishing Security awareness Compliance Risk 85

DLA Piper Privacy Matters

JULY 30, 2019

Effective cybersecurity requires organizations to move beyond perimeter defense of their own network to protecting sensitive data in the hands of service providers. From a security and legal perspective, service provider cybersecurity requires significant attention and coordination by all parties both before and after hitting the breach.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

Data Matters

AUGUST 5, 2019

Together, the new laws require the implementation of reasonable data security safeguards, expand breach reporting obligations for certain types of information, and require that a “consumer credit reporting agency” that suffers a data breach provide five years of identity theft prevention services for impacted residents.

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

CGI

JANUARY 12, 2017

As FinTech firms aggressively and innovatively push their way into the financial services space, established banks are increasingly focused on effectively responding to the competitive threat. They want and expect banks to increase their level of security. Recommendations for banks.

Financial Services 40

Financial Services Education Marketing Risk 40

eSecurity Planet

JANUARY 21, 2021

It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. IT governance and security.

Compliance 67

Compliance Risk Government Retail 67

eSecurity Planet

JANUARY 21, 2021

It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. IT governance and security.

Compliance 57

Compliance Risk Government Retail 57

DLA Piper Privacy Matters

APRIL 2, 2020

In recent weeks, the Department of Justice , Federal Bureau of Investigation and the Department of Homeland Security have issued alerts warning of malicious cyber activity related to COVID-19. Various laws and best practices speak of the need to train network users on the latest security best practices. Awareness and Training.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

ARMA International

AUGUST 2, 2019

According to the FTC’s press release, the data breach included “names and dates of birth, Social Security numbers, physical addresses, and other personal information that could lead to identity theft and fraud.” (See To that end, the settlement also requires Equifax to “implement a comprehensive information security program.”

Cloud 41

Cloud Data breaches Encryption Access 41

Krebs on Security

NOVEMBER 19, 2021

In reality, the fraudster initiates a transaction — such as the “forgot password” feature on the financial institution’s site — which is what generates the authentication passcode delivered to the member. Unfortunately, Otsuka said, the scammers are defeating this layered security control as well.

IT 353

IT Passwords Authentication Phishing 353

Data Matters

SEPTEMBER 24, 2019

For example, Brazil expects data protection legislation to come into effect in 2020, joining the likes of Argentina, Mexico, Uruguay, Colombia, Antigua, the Bahamas, Bermuda, the Dominican Republic, St. This comprehensive data privacy law wave has already reached parts of Latin America and the Caribbean. An Overview of the BDPA.

Personal data 68

Personal data GDPR Data Privacy Privacy 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. They have been able to secure impressive amounts of VC funding and valuation levels that were unheard of in the Information Capture market.

Information capture 59

Information capture Marketing Digital transformation Cloud 59

Info Source

JUNE 7, 2018

Forrester Research has named the SER Group a “Strong Performer” in its Waves for ECM Transactional Content Services* and ECM Business Content Services**. Pioneer in security. “As a premium vendor, we constantly focus on innovation and quality. SER is the only German vendor listed in the ECM Waves.

ECM 40

ECM Marketing Content services Artificial Intelligence 40