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

What Encryption Is and How It Relates to Cryptology The science of cryptography studies codes, how to create them, and how to solve them. For example, The Health Insurance Portability and Accountability Act (HIPAA) requires security features such as encryption to protect patients’ health information.

Encryption 113

Encryption IT Passwords IoT 113

IBM Big Data Hub

JANUARY 22, 2024

Of the 1,350 organizations surveyed in a recent study, 78 percent suffered a successful ransomware attack (link resides outside ibm.com). The photo will expedite the recovery process and help when filing a police report or a possible claim with your insurance company.

Ransomware 116

Ransomware Encryption Analytics Data breaches 116

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

Reltio

SEPTEMBER 13, 2022

Total Economic Impact™ Study Finds Reltio's Modern MDM Delivered 366% ROI. We recently commissioned Forrester Consulting to complete a study called "The Total Economic Impact™ (TEI) of the Reltio Master Data Management Platform , Cost Savings and Business Benefits Enabled by Reltio."

MDM 52

MDM B2C IT B2B 52

Adam Levin

JUNE 30, 2020

While there’s no shortage of examples of ransomware attacks, a recent study by data protection firm Veritas suggests an even bigger problem that few, if any, companies are prepared for: Customers are increasingly laying the blame on companies, specifically their CEOs, rather than on the hackers perpetrating the attacks.

Ransomware 74

Ransomware Insurance Cybersecurity Manufacturing 74

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 75

Government GDPR Compliance Analytics 75

erwin

MAY 2, 2022

For example, the NoSQL database MongoDB has documents and collections instead of tables and columns. While talking to the business people about the business requirements, entities tend to be the plural nouns that they mention: insureds, beneficiaries, policies, terms, etc. Figure 3: Example sentence diagram. What is an entity?

Cloud 98

Cloud Insurance Metadata IT 98

Everteam

MAY 29, 2019

This solution automates the iFile approval cycle, alerts & escalations, used in different types of industries such as Insurance companies, financial institutions, HR departments… Additionally, this solution enhances employee performance by reducing time spent on processing and responding to incoming requests from different resources.

Artificial Intelligence 75

Artificial Intelligence Insurance Metadata Big data 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 108

Insurance Digital transformation Customer Experience Cloud 108

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

Collibra

NOVEMBER 20, 2019

Let’s look at an example of what is happening to see both the challenges and the possibilities. The impact of the CCPA on healthcare data privacy compliance will be significant, and so it makes a good case study for understanding what is to come. Exploring CCPA and healthcare data.

Data Privacy 45

Data Privacy Insurance Personal data Privacy 45

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

Collibra

NOVEMBER 20, 2019

Let’s look at an example of what is happening to see both the challenges and the possibilities. The impact of the CCPA on healthcare data privacy compliance will be significant, and so it makes a good case study for understanding what is to come. Exploring CCPA and healthcare data.

Data Privacy 40

Data Privacy Insurance Personal data Privacy 40

Collibra

AUGUST 10, 2020

For example, a large healthcare system in the greater Boston area used Collibra Data Catalog to keep track of patients, number of beds, doctors, nurses, and diagnosis during the pandemic. . Teams across the different departments want to use this data to study the impact of COVID-19 on high risk patients like the ones in the cancer unit.

Insurance 59

Insurance Marketing Access Risk 59

Krebs on Security

DECEMBER 18, 2018

But you’d be forgiven if you couldn’t tell this by studying the executive leadership page of each company’s Web site. For example, 73 percent of the top 100 companies listed a chief of human resources (or “chief people officer”), and about one-third included a chief marketing officer. Source: Accenture.

Security 221

Security Marketing Cybersecurity Data breaches 221

Collibra

SEPTEMBER 9, 2022

Some examples of poor data quality in business include: . Duplication of contact details, for example, affects customer experience significantly. For example, customer data available with sales may not get shared with the customer service team, losing an opportunity to create more accurate and complete customer profiles.

Analytics 92

Analytics Customer Experience Marketing Unstructured data 92

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

The Last Watchdog

APRIL 14, 2020

Now comes a study from Boston-based consultancy Air Worldwide that puts some hard numbers on the degree to which threat actors are plundering virtual machines. According to the study, poor management of machine identities leads directly to an estimated $52 billion to $72 billion in losses annually. LW: This isn’t theoretical is it?

Digital transformation 138

Digital transformation Passwords Retail IoT 138

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

AIIM

DECEMBER 20, 2018

In addition to this, recruitment costs, training expenditures, productivity loss and negative reviews from clients are just a few examples of what the wrong person in the wrong place can do. Following the insurance companies’ footsteps, employers gather health-related data of their staff and candidates.

Big data 123

Big data Analytics Mining Insurance 123

eSecurity Planet

NOVEMBER 18, 2022

Yet, unpatched vulnerabilities provide attackers with open opportunities to cause great damage – with studies showing unpatched vulnerabilities estimated to account for 30-60% of all breaches! For example some key questions to answer are: Who is responsible for the patch management process? Determine the Patch Management Policy.

Compliance 98

Compliance Cybersecurity Risk IT 98

IBM Big Data Hub

SEPTEMBER 28, 2023

According to a recent IBV study , 64% of surveyed CEOs face pressure to accelerate adoption of generative AI, and 60% lack a consistent, enterprise-wide method for implementing it. Enabling business-focused use cases with prompt tuning The official release of Tuning Studio in watsonx.ai

Risk 95

Risk Insurance Data collection Libraries 95

IT Governance

MAY 22, 2018

A BCMS is essentially a form of insurance; you are preparing for a scenario that you hope never occurs. Ponemon Institute’s 2017 Cost of Data Breach Study: Impact of Business Continuity Management found that, on average, a BCMS helps save organisations £500,000 per incident. Investing in your future.

Data breaches 49

Data breaches Insurance Paper GDPR 49

Shoreline Records Management

SEPTEMBER 26, 2023

Furthermore, medical records are valuable for legal purposes, such as medical malpractice lawsuits, insurance claims, and disability applications. They also contribute to research and public health initiatives by providing valuable data for medical studies and statistical analyses.

Paper 26

Paper Compliance Insurance Records Management 26

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. . For example, often there is no agreed data infrastructure or security standards between technology systems.

Government 59

Government Data Privacy Privacy Communications 59

DLA Piper Privacy Matters

APRIL 9, 2020

In its report, the DPC noted that the ad-tech industry is subject to separate inquiries – this report is more broadly focussed on organisations across a range of sectors, including retail, entertainment, insurance, banking, public sector, media and publishing. Cookie Policy.

GDPR 59

GDPR Analytics Personal data Compliance 59

HL Chronicle of Data Protection

OCTOBER 8, 2018

Managing the interaction of these new requirements with existing obligations under the Health Insurance Portability and Accountability Act of 1996 (HIPAA), California’s Confidentiality of Medical Information Act (CMIA), and other health privacy laws will continue to be an area of focus in the health privacy community for years to come.

Privacy 45

Privacy Healthcare Sales Insurance 45

HL Chronicle of Data Protection

OCTOBER 8, 2018

Managing the interaction of these new requirements with existing obligations under the Health Insurance Portability and Accountability Act of 1996 (HIPAA), California’s Confidentiality of Medical Information Act (CMIA), and other health privacy laws will continue to be an area of focus in the health privacy community for years to come.

Privacy 40

Privacy Healthcare Sales Insurance 40

HL Chronicle of Data Protection

OCTOBER 8, 2018

Managing the interaction of these new requirements with existing obligations under the Health Insurance Portability and Accountability Act of 1996 (HIPAA), California’s Confidentiality of Medical Information Act (CMIA), and other health privacy laws will continue to be an area of focus in the health privacy community for years to come.

Privacy 40

Privacy Healthcare Sales Insurance 40

Data Matters

MAY 9, 2019

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. ceding insurer could be eligible for the same reduced collateral requirements that would apply to qualifying EU reinsurers under the revised CFR Model Laws.

Insurance 68

Insurance Blockchain Big data Risk 68

Schneier on Security

NOVEMBER 8, 2017

For over 30 years I have studied the technologies of security and privacy. This is exactly the sort of information criminals can use to impersonate victims to banks, credit card companies, insurance companies, cell phone companies and other businesses vulnerable to fraud. Take one example: credit freezes.

Personal data 84

Personal data Computer and Electronics Privacy Data breaches 84

Data Matters

DECEMBER 20, 2019

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. NAIC Advances Accreditation Standard Process for Revised Credit for Reinsurance Model Law and Regulation, and Term and Universal Life Insurance Reserve Financing Model Regulation.

Insurance 60

Insurance Risk Artificial Intelligence Privacy 60

Data Matters

DECEMBER 20, 2019

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. NAIC Advances Accreditation Standard Process for Revised Credit for Reinsurance Model Law and Regulation, and Term and Universal Life Insurance Reserve Financing Model Regulation.

Insurance 60

Insurance Risk Artificial Intelligence Privacy 60

eDiscovery Daily

AUGUST 12, 2018

A 2014 Rand study found that 44% of companies didn’t have any formal data governance policy and 22% of firms without a data policy had no plans to implement one. SPECIFIC EXAMPLES. Think, for example, of a construction defect case, where the action may not arise until the defect becomes apparent and/or someone is injured.

IT 31

IT Information governance Government Record destruction 31

Data Matters

NOVEMBER 5, 2018

Finally, DOT will undertake a “study of the workforce impacts of automated vehicles” in collaboration with the Departments of Labor, Commerce, and Health and Human Services. Second, AV 3.0 State, local, and tribal governments. Many of these roles, the guidance suggests, “may not change significantly with the deployment of automated vehicles.”

Cybersecurity 87

Cybersecurity Government Communications Privacy 87

John Battelle's Searchblog

SEPTEMBER 24, 2018

Over thousands of years we’ve designed systems to insure that our most important societal decisions can be queried and audited for fairness, that they are defensible against some shared logic, that they will benefit society at large. And then we make a call – and we hope for the best.

Government 81

Government Marketing Education Insurance 81