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The risks and limitations of AI in insurance

IBM Big Data Hub

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. One example of this is facial recognition being used for the illegal tracking of people’s movement.

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Security Compliance & Data Privacy Regulations

eSecurity Planet

Relatedly, PIPL outlines some categories of sensitive information that do not receive additional protection under GDPR. The FTC, for example, has an extremely broad regulatory reach (sometimes having overlapping jurisdiction with other agencies) and enforces many laws not mentioned here that affect data practices. In the U.S.,

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CCPA Marches On: California Attorney General Proposes Further Revisions to CCPA Regulations, Industry Pleads for Enforcement Delay Amid COVID-19 Crisis

Data Matters

While the world seems to have ground to a halt in so many ways, time still marches on, and along with it, the California Consumer Privacy Act (“CCPA”) enforcement date (July 1, 2020) inches ever closer. However, the current framing does support a more simplified disclosure structure.

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A guide to the GDPR for insurance companies

IT Governance

The EU General Data Protection Regulation (GDPR) is designed to harmonise data protection laws across the EU, but certain industries will have to respond differently in order to achieve compliance. A report published by research and consultancy company Celent highlights the challenges that the GDPR presents to insurers.

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What Is Encryption? Definition, How it Works, & Examples

eSecurity Planet

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.

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The Impact of Data Protection Laws on Your Records Retention Schedule

ARMA International

These records are typically organized by grouping them by function or department and then described as either an individual record or grouped together into a record category. In some cases, the laws or requirements are targeted for specific industries by regulatory agencies or non-governmental business associations. 2 DLA Piper.

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SEC Chair: Sweeping New Cybersecurity Rules Are Coming Soon

Data Matters

He also signaled the SEC’s continued focus on enforcement and cooperation with other law enforcement agencies. For example, SEC guidance from 2018 emphasizes that there is a range of factors that may affect whether an incident should be disclosed to investors beyond the bottom-line financial costs to respond to the incident.