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

IT Governance

APRIL 11, 2019

In a report published last month , the FCA urged organisations to tackle staff awareness training at all levels, and to ensure the lessons are simple and appropriate to the environment that employees work in. Organisations need to make staff awareness training a board-level priority. Staff awareness training is a crucial part of this.

Retail 66

Retail Risk Education Financial Services 66

The Last Watchdog

OCTOBER 5, 2023

Regular training and simulations can help reduce risks associated with human errors. Regular training and simulations can help reduce risks associated with human errors. What is the role of cybersecurity awareness training for a company’s employees? Regular awareness training for employees is indispensable.

Cybersecurity 190

Cybersecurity Privacy Cloud IoT 190

eSecurity Planet

AUGUST 9, 2022

are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA). See the Best Cybersecurity Awareness Training for Employees.

Data Privacy 137

Data Privacy Compliance Privacy Security 137

IBM Big Data Hub

FEBRUARY 14, 2024

But right now, pure AI can be programmed for many tasks that require thought and intelligence , as long as that intelligence can be gathered digitally and used to train an AI system. For example, Amazon reminds customers to reorder their most often-purchased products, and shows them related products or suggestions.

Artificial Intelligence 87

Artificial Intelligence Retail Unstructured data Insurance 87

HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

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

IBM Big Data Hub

FEBRUARY 23, 2024

For example, natural language understanding (NLU) focuses on comprehension, enabling systems to grasp the context, sentiment and intent behind user messages. DL models can improve over time through further training and exposure to more data. DL, a subset of ML, excels at understanding context and generating human-like responses.

Analytics 104

Analytics Artificial Intelligence Marketing Education 104

Data Protection Report

MAY 18, 2022

For example, basic contact details may appear relatively innocuous. For example, in the case of a technology company, customer phone numbers, email addresses, device type and a history of tech support interactions may be used by fraudsters in pursuit of tech support scams to deceive individuals.

Privacy 125

Privacy Insurance Phishing Risk 125

IBM Big Data Hub

FEBRUARY 13, 2024

For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. Imagine training a generative AI model on a dataset of only romance novels.

Artificial Intelligence 124

Artificial Intelligence Marketing Sales Communications 124

Armstrong Archives

DECEMBER 19, 2023

Training Staff on Record Retention Policy Employees at all levels should understand the importance of adhering to the company’s record retention policy. Training should cover how to classify, store, and eventually dispose of records according to the policy. Different documents have varying retention periods.

Compliance 52

Compliance Archiving Digital transformation Sales 52

IT Governance

SEPTEMBER 15, 2021

The alternative is to build an internal security team and encourage employees in security-adjacent roles, such as IT, to take cyber security training courses. 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?

Security 122

Security Insurance Education Government 122

eSecurity Planet

OCTOBER 5, 2021

Cyber Insurance companies used to simply provide lists of potential vendors approved by the insurer, but with the rising costs of breaches, insurers need to control costs. When an organization’s mission is critical, it usually needs to do whatever it can to return to full operational capacity.

Ransomware 118

Ransomware Insurance Cleanup Cybersecurity 118

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

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. In India, for example, the states of Uttar Pradesh and Bihar are in a region of extreme summers and winters.

Risk 66

Risk Artificial Intelligence Agriculture Financial Services 66

IBM Big Data Hub

SEPTEMBER 28, 2023

All Granite foundation models have been trained on enterprise-focused datasets curated by IBM. And considering the unpredictability of many LLMs, it’s important to also factor in AI ethics and governance into the model building, training, tuning, testing, and outputs. for clients and partners to work with.

Risk 94

Risk Insurance Data collection Libraries 94

IT Governance

JUNE 15, 2022

Attackers can guess these details if they know the victim personally or if they’re able to find the information online (for example, by searching for them on a social media site). Adware, for example, displays pop-up adverts on the victim’s computer, while bots drain the resources of the infected device to perform automated tasks.

Risk 144

Risk Security Passwords Phishing 144

eSecurity Planet

DECEMBER 7, 2023

For example, The Health Insurance Portability and Accountability Act (HIPAA) requires security features such as encryption to protect patients’ health information. For example, the Hypertext Transfer Protocol Secure (HTTPS) protocol enables secure web connections that provide both security and integrity for connections.

Encryption 95

Encryption IT Passwords IoT 95

IBM Big Data Hub

JULY 11, 2023

For example, doctors and other clinicians can dictate notes hands-free, giving them more face-to-face time with patients. One example comes from a study in Nature Medicine, which found that up to 70% of patients don’t take insulin as prescribed. One example is diabetes.

Artificial Intelligence 59

Artificial Intelligence Insurance Healthcare Government 59

IT Governance

JANUARY 5, 2024

These are only two examples, but combined already account for 484 incidents: 36% of this month’s total. *We AIC) 26,000,000 9 Snappfood >20,000,000 10 Alborz Insurance Company 19,500,000 Note 1: Where ‘around’, ‘about’, etc. This real estate training and tool provider left a database containing more than 1.5

Data breaches 97

Data breaches Insurance Manufacturing Ransomware 97

IBM Big Data Hub

AUGUST 2, 2023

For example, an intelligent HR bot can guide new employees through the onboarding process, answer FAQs, suggest learning resources, and assist employees with requesting days off or checking their remaining leave balances. The chatbot is trained to ask for feedback while communicating with employees and analyzing the information.

Artificial Intelligence 66

Artificial Intelligence Insurance Communications Analytics 66

KnowBe4

DECEMBER 6, 2022

Live Demo] Ridiculously Easy Security Awareness Training and Phishing. Old-school awareness training does not hack it anymore. Join us TOMORROW, Wednesday, December 7 @ 2:00 PM (ET) , for a live demo of how KnowBe4 introduces a new-school approach to security awareness training and simulated phishing. Did You Know? Save My Spot!

Security awareness 83

Security awareness Phishing Risk Insurance 83

AIIM

APRIL 12, 2022

The classic example is the insurer that won’t pay for care that a doctor determines a patient needs. Insurers are about profit; doctors are about delivering the best care. With collaborative videoconferencing: Low-income patients without insurance can use the Emergency Room less often. Telemedicine.

Computer and Electronics 104

Computer and Electronics Insurance Marketing Paper 104

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 106

Insurance Digital transformation Customer Experience Cloud 106

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Beyond the technology precautions themselves, ongoing training and education about security threats is essential. What is Cybersecurity Risk Management? The Human Element.

Risk 121

Risk Cybersecurity Encryption Access 121

Rocket Software

JUNE 6, 2022

For instance, retailers, manufacturers, insurers, healthcare providers, and transportation companies use EDI daily to communicate critical business information with trading partners, customers, and electronic marketplaces. 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

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

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 68

Insurance Paper Artificial Intelligence Big data 68

IBM Big Data Hub

AUGUST 16, 2023

Google, for example, has developed Bard , its AI chatbot, which is powered by its own language engine called PaLM 2. Here, I explore these risks and share examples that illustrate how these risks could manifest in your everyday enterprise activities. Similarly, Meta recently released its impressive LLaMA2 model.

Risk 57

Risk Artificial Intelligence Compliance Privacy 57

KnowBe4

FEBRUARY 14, 2023

Just one example are scammers that pose as representatives from a Ukrainian charity foundation that seeks money to help those affected by the natural disasters that struck in the early hours of Monday. This type of training can give your organization an essential layer of defense by giving your employees a healthy sense of suspicion.

Phishing 77

Phishing Security awareness Compliance Risk 77

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. 45 CFR 164.308(a)(5)(i).

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

Collibra

JUNE 23, 2023

They are the California Consumer Privacy Act (CPRA), the Health Insurance Portability and Accountability Act (HIPAA), the FBI’s Criminal Justice Information Services (or CJIS), and many more. A compelling example of the need for proactive data governance is the aftermath of COVID-19. They must choose both.

Privacy 107

Privacy Government Data Privacy Data breaches 107

IT Governance

JULY 7, 2021

Welcome to July’s review of phishing scams, in which we look at criminals’ latest tactics and provide examples of successful frauds. Make sure your staff know how to identify and avoid scams with our Phishing Staff Awareness Training Programme. Can you spot a scam? Find out more.

Phishing 98

Phishing Manufacturing Insurance Data breaches 98

Thales Cloud Protection & Licensing

JUNE 15, 2023

KMaaS can help organizations comply with industry regulations and standards such as the General Data Protection Regulation (GDPR), the Health Insurance Portability and Accountability Act (HIPAA), and the Payment Card Industry Data Security Standard (PCI DSS) by providing secure key lifecycle management and encryption services.

Encryption 133

Encryption Compliance Cloud Authentication 133

Data Matters

DECEMBER 10, 2019

Provide regular training: Industry experts should provide regular cyberawareness training to ensure that all personnel remain alert to evolving cyberthreats and recent trends. Insurance: The firm should communicate with its insurance company and review policy coverage. Crisis Management.

Data breaches 60

Data breaches Insurance Authentication Risk 60

Data Matters

DECEMBER 10, 2019

Provide regular training: Industry experts should provide regular cyberawareness training to ensure that all personnel remain alert to evolving cyberthreats and recent trends. Insurance: The firm should communicate with its insurance company and review policy coverage. Crisis Management.

Data breaches 60

Data breaches Insurance Authentication Risk 60

Adapture

SEPTEMBER 15, 2020

Because your full-time team needs to manage their standard workload on top of the responsibilities of a new system (whether data entry or additional training), the extra help will fill in the gaps. Training Time. When your company switches to a new platform or implements new software, a new teammate can help in the transition.

Retail 52

Retail Insurance Risk Access 52