eSecurity Planet

JANUARY 5, 2024

3 Main Types of Firewall Policies 9 Steps to Create a Firewall Policy Firewall Configuration Types Real Firewall Policy Examples We Like Bottom Line: Every Enterprise Needs a Firewall Policy Free Firewall Policy Template We’ve created a free generic firewall policy template for enterprises to download and use.

Compliance 100

Compliance Access Communications Cybersecurity 100

Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance. If the technology were to become unavailable, the resulting business impact could be mitigated with cyber insurance.

Insurance 98

Insurance Risk Cybersecurity Ransomware 98

IBM Big Data Hub

MAY 8, 2023

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.

Insurance 68

Insurance Risk Artificial Intelligence Government 68

IBM Big Data Hub

DECEMBER 8, 2023

The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events. Building a strong risk mitigation strategy can set up an organization to have a strong response in the face of risk.

Risk 67

Risk Compliance Insurance IT 67

Thales Cloud Protection & Licensing

MAY 26, 2023

CIAM in insurance: A unified, secure user experience with a single login madhav Fri, 05/26/2023 - 07:33 In recent years, the insurance industry has transformed from a singularly focused entity to a multi-brand or multi-service type of business. Adding value to the user experience (a top priority for 59% of insurers) 2.

Insurance 71

Insurance Digital transformation Security Authentication 71

Reltio

JUNE 9, 2022

The insurance industry is facing unprecedented disruption. Insurance carriers have been called to transform customer experience, business offerings, and operations. As an insurer, your current business models are being challenged by new thinking, new competitors, and new ways of working.

Digital transformation 52

Digital transformation Insurance Customer Experience MDM 52

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No.

Insurance 70

Insurance Cybersecurity Risk Education 70

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.

Insurance 59

Insurance Cloud Data science Analytics 59

Collibra

APRIL 11, 2022

This will help you test strategies and figure out what works best in your unique environment. We’ll discuss what we think are the six best practices for a data governance strategy below. Operating model example. The most famous examples include customer, vendor, and product data domains. Identify data domains.

Government 52

Government Communications Insurance Customer Experience 52

DLA Piper Privacy Matters

MAY 17, 2018

The guide reviews the insurability of GDPR fines across Europe, which can reach up to €20 million or, if higher, up to 4% of a group’s annual global turnover. It also looks at insurability of costs associated with GDPR non-compliance (e.g. Criminal penalties are almost never insurable.

Insurance 45

Insurance GDPR Data breaches Personal data 45

CGI

JANUARY 10, 2018

Envisioning new and hidden realities with data and augmented reality—a digital “twin city” example. For example, a supermarket that makes home grocery deliveries has empty vehicles returning from those deliveries. Take a modern film, for example. Wed, 01/10/2018 - 15:25. Using data to create new value chains.

Mining 78

Mining Big data Access Insurance 78

CGI

APRIL 25, 2018

Time for a new definition of the "composite" insurer? Composite insurer table. In the UK we rightly take pride in the fact that our ‘local’ propositions have played a significant role in the global development of what we now commonly call ‘Insurance’, but is that all about to change? . p.butler@cgi.com. Wed, 04/25/2018 - 09:26.

Insurance 40

Insurance Retail Marketing IT 40

eSecurity Planet

SEPTEMBER 16, 2024

A good policy strategy provides multiple benefits for various organizations, including refining their cloud-related practices to: Adapt effectively to common threats: Outlines clear processes for handling security events. Planning for Cloud Security Policy Create a strategy before you design a cloud security policy.

Cloud 62

Cloud Security Compliance Risk 62

AIIM

APRIL 21, 2022

It doesn’t matter if you’re an insurance company, local government agency, or something else. In tapping into the AIIM end-user community, we found impressive examples of that philosophy at work in leading organizations like Farmers Insurance, Ogilvy, and UnitedHealth Group.

Customer Experience 151

Customer Experience Digital transformation Insurance Government 151

Thales Cloud Protection & Licensing

MAY 9, 2022

Therefore, immediate action is needed to deploy more robust cybersecurity strategies. The White House Executive Order on Improving the Nation’s Cybersecurity from May 12, 2021 and the supporting Office of Management Budget Federal Strategy to Move the U.S. Cyber insurance coverage ramps up. How to ensure business resilience.

Insurance 71

Insurance Ransomware Encryption Authentication 71

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. All risk management strategies strive to use threats to business processes to determine risk.

Risk 67

Risk Compliance Communications Insurance 67

IBM Big Data Hub

NOVEMBER 20, 2023

The “ Cloud Transformation Report ,” a new global survey from the IBM Institute for Business Value (IBV), found that many leading enterprises share a common foundation to digital transformation—a clear hybrid cloud strategy.¹ With the rise of generative AI comes an influx of data.

Cloud 84

Cloud Digital transformation Data structuring Marketing 84

AIIM

OCTOBER 15, 2018

Allianz – a global financial services and insurance company – is one of those organizations which had to rethink their approach on e-signatures. Allianz was mapping the insurance buyer’s journey across all product lines to identify what’s required for best-in-class signing experiences. Millennials or Generation X).

Compliance 112

Compliance Insurance Digital transformation Authentication 112

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. To best prepare, organizations need to develop a climate risk strategy.

Risk 60

Risk Artificial Intelligence Agriculture Financial Services 60

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 98

Insurance Government Cybersecurity Risk 98

IBM Big Data Hub

AUGUST 2, 2023

Artificial intelligence (AI) can automate repetitive and time-consuming tasks, allowing HR professionals to focus on other strategies. Furthermore, conversational AI platforms suggest strategies and solutions to improve employees’ work lives. How can chatbots improve the employee experience and automate complex HR processes?

Artificial Intelligence 61

Artificial Intelligence Insurance Communications Analytics 61

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78

IBM Big Data Hub

MAY 9, 2024

Healthcare organizations need a strong data governance framework to help ensure compliance with regulations like the Health Insurance Portability and Accountability Act of 1996 (HIPAA) in the US and the General Data Protection Regulation (GDPR) in the EU. Inaccuracies might also lead to more delays or complications with insurance coverage.

Government 66

Government GDPR Compliance Analytics 66

eSecurity Planet

DECEMBER 7, 2023

Organizations should apply encryption solutions that enhance and complement existing cybersecurity solutions and strategies. Organizations should apply encryption solutions that enhance and complement existing cybersecurity solutions and strategies.

Encryption 110

Encryption IT Passwords IoT 110

Armstrong Archives

DECEMBER 19, 2023

Whether it’s maintaining regulatory compliance or simply making tax season easier, an effective record retention strategy is paramount. For example, in the financial sector , institutions must retain records of transactions and customer interactions for a period defined by both federal and state regulations.

Compliance 52

Compliance Archiving Digital transformation Records Management 52

Reltio

JUNE 12, 2020

1 sentence company description: DataZed is a consultancy that works with organizations to improve their data quality, data governance and data strategy. 1-2 Previous Roles & Companies: Worked as a consultant with general insurers, Lloyd’s market firms, brokers and reinsurers, including Beazley Group and RSA.

Insurance 52

Insurance Customer Experience B2B MDM 52

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 195

Risk Insurance Access Security 195

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

Hunton Privacy

JUNE 13, 2023

On June 6, 2023, the Federal Deposit Insurance Corporation (“FDIC”), the Board of Governors of the Federal Reserve System (“FRB”) and the Office of the Comptroller of the Currency (“OCC”) issued their final Interagency Guidance on Third-Party Relationships (“Guidance”).

Risk 64

Risk Insurance Compliance Information Security 64

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? Leadership should prioritize cybersecurity at all levels. Regular awareness training for employees is indispensable.

Cybersecurity 203

Cybersecurity Privacy Cloud IoT 203

Reltio

JULY 2, 2019

Data strategy shouldn’t be separate from business strategy and it must be fed from that. People still tend to regard data strategy as a silver bullet – they think you just need to build a data lake and everything will be ok. Keep the focus on the value you want to deliver via that business strategy. Keep learning.

Analytics 58

Analytics Insurance Artificial Intelligence Data science 58

IT Governance

NOVEMBER 7, 2018

Along with business continuity planning , it’s an essential strategy for managing the ever-increasing risk of disruption. Disaster recovery is effectively a form of insurance; you are spending money preparing for a scenario that you hope never occurs. Determine recovery strategies. Why you need a disaster recovery plan.

Insurance 89

Insurance Risk Data breaches Government 89

IT Governance

SEPTEMBER 15, 2021

For example, an IT expert may be comfortable implementing a Cloud database, but do they have the skills to draw up processes to ensure that employees configure it correctly? You’ll also receive insurance cover for up to £500,000 – so you can be sure that no matter how severe the disruption, you’ll have the resources to respond and recover.

Security 116

Security Insurance Education Government 116

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 67

Insurance Paper Artificial Intelligence Big data 67

IBM Big Data Hub

JANUARY 16, 2024

One example of this is in insurance. Since AI has an ability to find trends in data, AI helps insurers create personalized products which could lead to more accurate risk assessments and ease insurance costs for individuals.

Financial Services 48

Financial Services Customer Experience Cloud Digital transformation 48

AIIM

APRIL 14, 2022

One specific example is the case of a large insurance company. Build an organizational strategy for dealing with metadata – One way to enable broader transformation is through the thoughtful use of metadata management, establishing a strategy that transcends where the information is located. Moving Forward.

Cloud 104

Cloud Metadata Financial Services Insurance 104

Armstrong Archives

AUGUST 19, 2024

For example, in the healthcare industry , policies must address how patient records are handled to comply with the Health Insurance Portability and Accountability Act (HIPAA). Strategies for Effective RIM Effective RIM strategies include developing clear policies, conducting regular audits, and providing employee training.

Records Management 52

Records Management Compliance Archiving Access 52