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Cyber insurance: A guide for businesses

IT Governance

That’s why they organisations increasingly relying on cyber insurance policies to cover the costs when data breaches and cyber attacks occur. But just how helpful is cyber insurance? What is cyber insurance? How does cyber insurance work? What does a cyber insurance policy cover? Who needs cyber insurance?

Insurance 122
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The benefits of AI in healthcare

IBM Big Data Hub

AI and ML technologies can sift through enormous volumes of health data—from health records and clinical studies to genetic information—and analyze it much faster than humans. For example, doctors and other clinicians can dictate notes hands-free, giving them more face-to-face time with patients.

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Generative AI that’s tailored for your business needs with watsonx.ai

IBM Big Data Hub

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. All Granite foundation models have been trained on enterprise-focused datasets curated by IBM. for clients and partners to work with.

Risk 94
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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

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.

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Think Ransomware Can’t Put You Out of Business?

Adam Levin

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.

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

eSecurity Planet

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.

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How generative AI delivers value to insurance companies and their customers

IBM Big Data Hub

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 107