OpenText Information Management

JANUARY 12, 2021

The paper problem Financial services workflows have always been heavily paper-based. For example, in … The post Three use cases for cloud fax in financial services appeared first on OpenText Blogs. What about incorporating other business drivers such as improved business efficiency or enhanced customer experience?

Financial Services 89

Financial Services Cloud Customer Experience Paper 89

Data Protection Report

JANUARY 5, 2021

The proposed regulation specifically includes as an example of a notification incident a “ransom malware attack that encrypts a core banking system or backup data.” The agencies invite comments on specific examples of computer-security incidents that should, or should not, constitute notification incidents.

Insurance 141

Insurance Paper Encryption Security 141

Armstrong Archives

APRIL 1, 2022

Beyond the pandemic, there are many reasons for this shift toward more paper-independent workplaces, such as mitigating costs and better serving customers in a digital marketplace. Projections indicate that 45% of the world’s top companies will increase their implementation of zero-paper workflows. Paper is expensive.

Customer Experience 52

Customer Experience Paper Records Management Archiving 52

Data Matters

DECEMBER 11, 2018

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data. For example, the Template allows for: (a) multiple grouping options (e.g.,

Insurance 68

Insurance Paper Risk Big data 68

IT Governance

FEBRUARY 22, 2022

For example, organisations that implement an ISMS will: Reduce information security costs. For example, the prevention of data breaches begins with risk management, in which an organisation identifies its information assets and the ways they can be compromised. For example, a cyber criminal leveraging a software flaw.

Information Security 138

Information Security Security Data breaches Risk 138

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

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

IT Governance

JULY 6, 2020

For example, the report found that: Only 9% of organisations have a documented cyber security policy; Only 10% have cyber insurance; and. Our green paper Information Security and ISO 27001 – An introduction provides more information on the Standard and how it fits into your organisation.

Information Security 142

Information Security Phishing IoT Insurance 142

Armstrong Archives

DECEMBER 19, 2023

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. Digital records are easier to store, search, and share, making them much more convenient than their paper counterparts.

Compliance 52

Compliance Archiving Digital transformation Sales 52

Info Source

JULY 6, 2023

These inputs arrive through different channels in different formats, a significant portion often as paper documents. For example, if your experience as an end customer in an interaction with your bank, insurance carrier, car dealer etc. is negative, your satisfaction with this organisation is going to suffer.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

Data Protection Report

NOVEMBER 9, 2022

Managing vendor risks includes putting pen to paper. Examples of sensitive information that attract more stringent security safeguards include financial information, health information, reputationally sensitive information, social insurance numbers, trade secrets and confidential commercial information. Concluding Remarks.

Risk 117

Risk Cybersecurity Insurance Data breaches 117

Armstrong Archives

JULY 9, 2021

The Health Insurance Portability and Accountability Act of 1996 (HIPAA) was created to set forth national standards for electronic health care transactions. Examples of HIPAA-covered entities include healthcare providers, health plans, healthcare clearinghouses, and various other businesses that use health information.

Records Management 52

Records Management Insurance Paper Archiving 52

Info Source

FEBRUARY 20, 2023

It has followed Document Capture since its early stages when the key focus was to replace archives of paper documents and with electronic copies that were searchable, accessible for staff in different locations and compliant with growing requirements for records management.

Marketing 52

Marketing Artificial Intelligence B2B Paper 52

Everteam

MAY 29, 2019

Through managing complex document types and reducing the process of relying only on paper documents and optimizing the visibility to digital information that could be useful in decision making, everteam.iFile enables content services to be delivered quickly with a minimized cost. iFile lifecycle: Insurance company case.

Artificial Intelligence 75

Artificial Intelligence Insurance Metadata Big data 75

IT Governance

JULY 11, 2019

Many ransomware victims use pen and paper instead of computers where possible. 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. If you don’t already have cyber insurance, it’s worth considering.

Ransomware 99

Ransomware Insurance Encryption Paper 99

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. For example, a supply-chain function can use algorithms to predict future needs and the time products need to be shipped for timely arrival. Routine questions from staff can be quickly answered using AI.

Artificial Intelligence 89

Artificial Intelligence Retail Unstructured data Insurance 89

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.

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

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

AIIM

MAY 9, 2019

Insurance claims may be one such example where field adjusters, capture, validate and upload vital information related to an insurance claim, for immediate processing. Free White Paper: Dynamic Capture Empowering the Mobile Workforce. Batch vs. Unit of Work.

ECM 104

ECM Insurance Marketing Paper 104

Shoreline Records Management

SEPTEMBER 26, 2023

Furthermore, medical records are valuable for legal purposes, such as medical malpractice lawsuits, insurance claims, and disability applications. For example, organizations may need to retain records related to occupational health issues or exposure to hazardous materials for longer periods. Reasons for Record Retention 1.

Paper 26

Paper Compliance Insurance Records Management 26

ARMA International

APRIL 28, 2022

The plan was to meet the insurance coordinator at the Howard Avenue office at 8:30 a.m. I was aware that I would need documentation on damage and losses for insurance and internal purposes. The archivist and I met the insurance coordinator and the disaster response contractor at the site to do a walk-through and assess the damage.

Records Management 97

Records Management Archiving Insurance Communications 97

Rocket Software

JUNE 6, 2022

Electronic Data Interchange (EDI)—exchanging business information electronically, rather than passing paper documents back and forth—is a fundamental means of communication for organizations that execute a high volume of transactions. For example, when you flip the switch to get started, you need it to turn on automatically. .

e-Delivery 78

e-Delivery Communications Retail Insurance 78

Rocket Software

AUGUST 17, 2020

For example, it can use adaptive authentication—an IP address or geographic location—and compare it to typical behavior for the account. . For example, patient data is constantly being shared between doctors, providers, insurance companies, and other stakeholders. Benefits for Healthcare.

Authentication 52

Authentication Financial Services Passwords Insurance 52

IT Governance

SEPTEMBER 4, 2018

In the 2017 WannaCry attack, for example, cyber criminals used ransomware to prevent victims from accessing their IP unless a ransom was paid. Last year, private healthcare giant BUPA suffered a breach affecting 108,000 health insurance policies when a rogue employee copied and removed information from the organisation.

Healthcare 83

Healthcare Insurance Manufacturing Risk 83

Data Matters

FEBRUARY 25, 2021

On January 28, 2021, the UK Financial Conduct Authority (FCA) published Consultation Paper CP21/3 , “Changes to the SCA-RTS and to the guidance in ‘Payment Services and Electronic Money – Our Approach’ and the Perimeter Guidance Manual” (Consultation Paper). Transaction risk analysis. Merchant-initiated transactions.

Authentication 68

Authentication Paper Risk Insurance 68

ForAllSecure

MAY 17, 2023

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. That's an example of AI. VAMOSI: Cybersecurity insurance. cyber insurance as a whole was changing heavily.

Insurance 40

Insurance Privacy Ransomware GDPR 40

IT Governance

AUGUST 6, 2019

There’s plenty of advice on how to spot phishing scams , but without any real-world examples that explain how they work, it can be easy to see the threat as purely theoretical. Twitter user @SplatterShah shared two examples: In both examples, the messages contain what appears to be a legitimate Discord link but with one small difference.

Phishing 79

Phishing Personal data Passwords Access 79

Rocket Software

FEBRUARY 25, 2022

With these new processes in place, many are also starting to see the places where human interactions were papering over inefficiencies. For example, if a process is bottlenecked due to an error in data, like a customer address entered as “Ave” instead of “Avenue,” a robot could: Identify the reason code for the suspension.

Compliance 59

Compliance Financial Services Risk Insurance 59

erwin

JULY 2, 2020

This matters because, as he said, “By placing the data and the metadata into a model, which is what the tool does, you gain the abilities for linkages between different objects in the model, linkages that you cannot get on paper or with Visio or PowerPoint.” a senior manager, data governance at an insurance company with over 500 employees.

Metadata 122

Metadata Healthcare Libraries Government 122

Collibra

DECEMBER 16, 2020

Viewed more broadly, the data associated with a patient’s engagement with a healthcare provider – for example, admissions records and procedures performed – can provide insights into the future strategy of the organization. . Data can also be stored in spreadsheets, PDFs – or even still on paper! Silos create other challenges too.

Government 59

Government Data Privacy Privacy Communications 59

IT Governance

MAY 22, 2018

A BCMS is essentially a form of insurance; you are preparing for a scenario that you hope never occurs. For example, organisations are 8% less likely to suffer future data breaches (31.8% For example, an organisation might expand the number of threats its system covers or add processes to improve remediation.

Data breaches 49

Data breaches Insurance Paper GDPR 49

The Security Ledger

SEPTEMBER 11, 2019

Episode 158: How NotPetya has Insurers grappling with Systemic Cyber Risk Episode 159: Deep Fakes and Election (in)Security with ZeroFOX. Read the whole entry. » » Related Stories Third Party Cyber Risk is growing. Most Companies aren’t prepared. Third party cyber risk is growing.

Risk 40

Risk GDPR Data Privacy Personal data 40

CGI

DECEMBER 12, 2016

Trade finance, whether conducted on a domestic or international basis, can be a paper-intensive, costly and risk-laden proposition, involving not just companies importing and exporting goods and services but also their banks, insurers and others. Mon, 12/12/2016 - 22:35.

Blockchain 40

Blockchain Digital transformation Paper Insurance 40

Data Protection Report

DECEMBER 16, 2022

The arrival of autonomous vehicles in Canada will raise a number of liability-related questions that touch on the areas of owner liability, product liability, and auto insurance. In this post, we discuss the allocation of liability in incidents involving AVs and the future of auto insurance.

Insurance 58

Insurance Manufacturing Paper Cybersecurity 58

John Battelle's Searchblog

FEBRUARY 21, 2013

Pebble uses bluetooth connectivity to access the iPhone’s native capabilities, and then displays data, apps, and services on its high-resolution e-paper screen. It makes its profits by selling hardware – and it’s built a beautiful closed software ecosystem to insure those hardware sales. In short, Pebble is an iPhone for your wrist.

Insurance 105

Insurance Sales Paper IT 105

ARMA International

APRIL 18, 2022

Certain sectors, such as banking, financial services, health, and insurance have their own data protection and privacy requirements. Furthermore, the records retention schedule should apply to all records, regardless of media (paper and electronic records). resumes, personnel files, video/call recordings).

Personal data 100

Personal data GDPR Privacy Records Management 100

Info Source

MARCH 16, 2022

That said, a significant number of transactional business inputs continue to arrive in paper form and need to be digitized before they can be processed, which presents a challenge in a home office environment. In 2022, we expect digital inputs to business transactions to grow over 10%, while paper-based inputs will continue to decline.

Information capture 59

Information capture Marketing Digital transformation Cloud 59