AIIM

AUGUST 19, 2021

Despite the proven operational improvements to be gain by going paperless, paper is still prevalent in too many core business processes today including loan applications, insurance claims, and customer onboarding. Here’s an example of the carrot.

Paper 210

Paper ECM Digital transformation Insurance 210

IBM Big Data Hub

JANUARY 22, 2024

The photo will expedite the recovery process and help when filing a police report or a possible claim with your insurance company. For example, HIPAA compliance generally requires healthcare entities to report any data breach, including ransomware attacks, to the Department of Health and Human Services.

Ransomware 118

Ransomware Encryption Analytics Data breaches 118

eSecurity Planet

DECEMBER 9, 2021

For example, we might nominate: The IT security manager to handle a ransomware incident; Our external accountant to investigate financial fraud; or. Be in-line with insurance policies. For example, assign the cloud team to initially respond to incidents involving cloud assets with the cybersecurity team providing backup resources.

Insurance 125

Insurance Ransomware Data breaches Cloud 125

Collibra

APRIL 9, 2021

Recapping a discussion moderated by Stijn Christiaens and featuring insurance data experts from Deloitte UK . Insurance is a data-intensive business. Insurance companies need data to better assess risks and price policies competitively, but also profitably. Drivers for cloud adoption. Mobilizing data governance programs.

Insurance 59

Insurance Cloud Data science Analytics 59

IBM Big Data Hub

DECEMBER 8, 2023

This strategy shifts the risk from the organization onto another party; in many cases, the risk shifts to an insurance company. An example of this is obtaining an insurance policy to cover property damage or personal injury. Risk transfer: Risk transfer involves passing the risk to a third party.

Risk 77

Risk Compliance Insurance IT 77

Data Protection Report

DECEMBER 4, 2023

For example, third parties may be retained to perform payroll activities, store data in a centralized location, or send targeted advertisements to consumers. Indemnification and Insurance Data controllers are responsible for ensuring compliance with privacy laws.

Insurance 63

Insurance Privacy Compliance Personal data 63

eSecurity Planet

AUGUST 4, 2023

For example, an SMB can reach out to the distribution partner that sold them their Cisco networking equipment or check the Cisco website for a referral to a VAR or an MSP that might manage the integration and setup of a NAC device purchased from the distributor. More often, the compliance requirements may not apply to the vendor.

IT 98

IT Compliance Cybersecurity Communications 98

eSecurity Planet

MARCH 18, 2022

For example, an Access Policy could have clearly labeled sections to define Password Policy , User Access , Privileged Access , Access Review Processes, and Remote Access because each of these access categories may be required to be reviewed by an auditor. Also read: How to Create an Incident Response Plan. Implemented IT policies.

IT 123

IT Compliance Security Access 123

Krebs on Security

MAY 23, 2020

Secret Service warned of “massive fraud” against state unemployment insurance programs , noting that false filings from a well-organized Nigerian crime ring could end up costing the states and federal government hundreds of millions of dollars in losses. Meanwhile, a number of U.S. Last week, the U.S. ” STATE WEB SITE WOES.

Insurance 331

Insurance Government Personal data Communications 331

IT Governance

NOVEMBER 7, 2018

Disaster recovery is effectively a form of insurance; you are spending money preparing for a scenario that you hope never occurs. You’ll need contact details of regulators, power providers and key members of staff; data breach notification checklists; inventories; insurance policies; and data flow maps, to name a few things.

Insurance 113

Insurance Risk Data breaches Government 113

IT Governance

JULY 11, 2019

Let them know which areas of the organisation have been infected and how you are going to manage in the meantime. For example, you should provide them with said pens and paper, direct them to hard copies of information they might need and bring in colleagues who can’t work to help out. Photograph the ransom note.

Ransomware 99

Ransomware Insurance Encryption Paper 99

Lenny Zeltser

JULY 1, 2020

The most likely way in which you’ll learn that you’ve fallen victim to the identity theft-based unemployment insurance scam is by receiving an unsolicited debit card in the mail. I wrote this article to help other victims of this unemployment insurance fraud and identity theft scam.

Insurance 116

Insurance Data breaches Government IT 116

IT Governance

MAY 3, 2019

For example, you might address the risk of a work-issued laptop being stolen by creating a policy that instructs employees to keep devices with them and to store them safely. For example, if you’re not willing to take any chances of a laptop being stolen, you might choose to ban employees from using them outside the premises.

Risk 72

Risk Information Security Communications Insurance 72

IT Governance

JULY 17, 2019

Let’s take a look at a real-life example of an organisation using an incident response plan to recover from a cyber attack. Norsk wiped its systems and restored clean versions from backups, knowing that its cyber insurance policy would help cover the costs. See also: How to handle a ransomware attack.

Data breaches 71

Data breaches Ransomware Insurance Security 71

IT Governance

FEBRUARY 15, 2019

It’s not helpful to list ‘hacking’ as a risk, for example, because that could include anything from phishing scams to exploited databases. For example, staff awareness training is a requirement of almost all security frameworks because it helps reduce the likelihood of a variety of risks.

Risk 83

Risk GDPR Communications Insurance 83

The Last Watchdog

APRIL 8, 2024

Related: The ‘cyber’ case for D&O insurance Vanessa Pegueros knows this all too well. For example, with the SEC Cybersecurity Rules , Boards are now much more aware of the importance of cyber and are having more robust conversations relative to cybersecurity. Compliance brings visibility to a topic.

Compliance 210

Compliance Cybersecurity Risk Mining 210

eSecurity Planet

APRIL 29, 2024

For example, a clothing brand might select a business objective such as to develop unique and appealing designs. In the examples above, the clothing brand will use traditional and computer-aided design prototyping and marketing research. What objectives deliver maximum value to shareholders?

Risk 67

Risk Compliance Communications Insurance 67

Krebs on Security

AUGUST 17, 2023

For example, in 2019 McAfee found that for targets in Japan, the 16Shop kit would also collect Web ID and Card Password, while US victims will be asked for their Social Security Number. 16Shop documentation instructing operators on how to deploy the kit. Image: Akamai. Image: ZeroFox.

Phishing 190

Phishing Passwords Insurance Sales 190

Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

Insurance 90

Insurance Government Cybersecurity Risk 90

HL Chronicle of Data Protection

MAY 7, 2019

Please join the Hogan Lovells Privacy and Cybersecurity team on May 15 for our webinar, Hacking 101: How it Works and How to Mitigate Risk. We will explore how certain common hacks work from a technical perspective and how to mitigate related risks from a legal and compliance perspective. Litigation risks and strategies.

Risk 40

Risk IT Compliance Privacy 40

Data Matters

SEPTEMBER 20, 2021

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

Insurance 88

Insurance e-Delivery Paper Sales 88

eSecurity Planet

DECEMBER 7, 2023

This guide will provide a high level overview of encryption and how it fits into IT through the following topics: How Encryption Works To understand how encryption works, we need to understand how it fits into the broader realm of cryptology, how it processes data, common categories, top algorithms, and how encryption fits into IT security.

Encryption 113

Encryption IT Passwords IoT 113

eSecurity Planet

AUGUST 9, 2022

are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA). Healthcare Data Privacy Laws. Health data and patient data in the U.S.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

Thales Cloud Protection & Licensing

MAY 9, 2022

For example, both directives makes it mandatory for all agencies to deploy multi-factor authentication and encryption. Cyber insurance coverage ramps up. There is also huge debate around cyber insurance and whether it is fit for purpose. How to ensure business resilience.

Insurance 71

Insurance Ransomware Encryption Authentication 71

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 70

Risk Artificial Intelligence Agriculture Financial Services 70

erwin

MAY 2, 2022

How to create a solid foundation for data modeling of OLTP systems. For example, the NoSQL database MongoDB has documents and collections instead of tables and columns. You can decide later how you’re actually going to do it. Figure 3: Example sentence diagram. What is an entity? Aren’t they just both people?

Cloud 98

Cloud Insurance Metadata IT 98

IBM Big Data Hub

NOVEMBER 20, 2023

When executing an AI strategy, enterprises need to consider their current compute capacity, where data resides—in the cloud, on premises, at the edge—how data is accessed, necessary security controls, and how to use existing technology investments effectively.

Cloud 95

Cloud Digital transformation Data structuring Marketing 95

CGI

FEBRUARY 6, 2019

How to fight fraud, waste and abuse in healthcare. For example, criminals have many routes by which they can steal from the healthcare system, from old-fashioned insurance fraud to sophisticated cybercrime techniques. michael.hardy@…. Wed, 02/06/2019 - 09:51.

Artificial Intelligence 40

Artificial Intelligence Insurance Phishing Government 40

CGI

FEBRUARY 6, 2019

How to fight fraud, waste and abuse in healthcare. For example, criminals have many routes by which they can steal from the healthcare system, from old-fashioned insurance fraud to sophisticated cybercrime techniques. michael.hardy@…. Wed, 02/06/2019 - 09:51.

Artificial Intelligence 40

Artificial Intelligence Insurance Phishing Government 40

Data Matters

SEPTEMBER 3, 2020

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . GCC Template and Instructions.

Insurance 68

Insurance Paper Artificial Intelligence Big data 68

IBM Big Data Hub

JULY 11, 2023

For example, doctors and other clinicians can dictate notes hands-free, giving them more face-to-face time with patients. Dosage error reduction: AI can help identify errors in how a patient self-administers medications, leading to better patient health outcomes and reduced healthcare costs and hospitalizations.

Artificial Intelligence 63

Artificial Intelligence Insurance Healthcare Government 63

The Last Watchdog

MAY 10, 2021

Back in the mid-1990s, big banks and insurance companies came up with something called “bespoke assessments” as the approach for assessing third party vendor risk. It is an example of a highly-sophisticated, nation state-sponsored hack of a third-party supplier in order to infiltrate its marquee first-party customers. Visibility boost.

Risk 196

Risk Insurance Access Security 196

CILIP

JULY 19, 2019

How to create value through digital archiving. Kevin: Can you share an example of a solution you?ve Content harvesting is the really interesting area of how preservation will adapt and evolve over time. This is for instance if you look at a great example of Twitter. re constantly preserved for the future.

Archiving 40

Archiving Records Management GDPR Digital transformation 40

The Last Watchdog

OCTOBER 5, 2023

Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies? What factors should organizations consider when selecting a cyber insurance policy? Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be.

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Cybersecurity Privacy Cloud IoT 204

Armstrong Archives

DECEMBER 19, 2023

Training should cover how to classify, store, and eventually dispose of records according to the policy. Other federal laws, such as the Health Insurance Portability and Accountability Act (HIPAA), mandate specific retention periods (6 years in the case of HIPAA) for certain entities when it comes to retaining certain records.

Compliance 52

Compliance Archiving Digital transformation Sales 52

Armstrong Archives

AUGUST 25, 2023

The Health Insurance Portability and Accountability Act (HIPAA) ensures individuals’ health data protection and privacy. This includes insurance companies, nurses, and doctors. For example, imagine a hospital employee accidentally shares a patient’s medical records with someone who shouldn’t have seen them.

Computer and Electronics 52

Computer and Electronics Insurance Compliance Risk 52

CGI

AUGUST 7, 2018

Insurers should stop focussing on digital engagement with customers and instead focus on developing their role as an important provider of services to and with those organisations that have a daily role in customer lives. The biggest ‘technology disruptor’ will be the consumer. Tue, 08/07/2018 - 23:17.

Insurance 40

Insurance Financial Services Customer Experience Analytics 40