Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

Hunton Privacy

JANUARY 24, 2018

On January 22, 2018, the New York Department of Financial Services (“NYDFS”) issued a press release reminding entities covered by its cybersecurity regulation that the first certification of compliance with the regulation is due on or prior to February 15, 2018.

Financial Services 58

Financial Services Cybersecurity Compliance Insurance 58

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. sought coverage for expenses under its property insurance policy.

Insurance 70

Insurance Cybersecurity Risk Education 70

IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Read to learn more about cloud adoption within financial services?

Cloud 80

Cloud Financial Services Risk Business Services 80

Krebs on Security

JUNE 18, 2021

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance 265

Insurance Risk Financial Services Mining 265

Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp. Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Security Affairs

NOVEMBER 20, 2021

banking regulators this week approved a rule that obliges banks to report any major cybersecurity incidents to the government within 36 hours of discovery. Major cybersecurity incidents are attacks that impact operations of the victims or the stability of the US financial sector. Follow me on Twitter: @securityaffairs and Facebook.

Cybersecurity 130

Cybersecurity Financial Services Insurance Ransomware 130

Collibra

MARCH 11, 2021

Data governance is a very intricate field, so implementing and sustaining data governance comes with a suite of challenges. Luckily, thousands, if not millions, of organizations use data governance to improve their operations, so you can learn from others’ mistakes and successes. Focus on the operating model.

Government 59

Government Communications Insurance Customer Experience 59

Collibra

APRIL 11, 2022

Data governance is a very intricate field, so implementing and sustaining data governance comes with a suite of challenges. Luckily, thousands, if not millions, of organizations use data governance to improve their operations, so you can learn from others’ mistakes and successes. What are data governance best practices?

Government 52

Government Communications Insurance Customer Experience 52

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. government, especially in light of ongoing tensions between the U.S. First , all of the reports specifically focus on the threat of Russian state-sponsored cyberattacks.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

IBM Big Data Hub

AUGUST 17, 2023

Some time ago, banks and governments started shifting their attention towards using digital assets in their operations and economies. Banks and governments are actively seeking CBDC because it is a more secure alternative to crypto. Unlike cryptocurrencies like Bitcoin or Ethereum, CBDC is backed by the government and is legal tender.

Blockchain 75

Blockchain Financial Services Risk Authentication 75

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. Third-party governance. IT governance and security. Privacy governance and management. Insurance & claims management. Audit management.

Compliance 57

Compliance Risk Government Retail 57

Everteam

APRIL 2, 2019

To support organizations in their efforts to manage their information properly, Spigraph is making two Everteam governance products available: everteam.discover and everteam.policy: everteam.discover is a file and content analytics solution that connects to both structured and unstructured data repositories across the organization.

Information governance 40

Information governance Marketing Government Digital transformation 40

The Last Watchdog

APRIL 3, 2019

Identity governance and administration, or IGA , has suddenly become a front-burner matter at many enterprises. Related: Identity governance issues in the age of digital transformation. I had the chance at RSA 2019 to visit with Mike Kiser, global strategist at SailPoint , an Austin, TX-based supplier of IGA services to discuss this.

Digital transformation 104

Digital transformation Insurance Compliance Healthcare 104

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS). employees).

GDPR 100

GDPR e-Discovery Compliance Metadata 100

eSecurity Planet

AUGUST 9, 2022

See the Top Governance, Risk and Compliance (GRC) Tools. 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).

Data Privacy 137

Data Privacy Compliance Privacy Security 137

IT Governance

NOVEMBER 13, 2023

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”. Records breached: 79,582 Ontario hospitals update: information relating to 5.6

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

Data Matters

JUNE 24, 2021

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. This resolution highlights the SEC’s continued focus on cybersecurity. 20, 2017).

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Security Affairs

SEPTEMBER 1, 2020

According to the experts, the threat actors are merely trying to monetize their efforts selling information that have no intelligence value for the Iranian Government. In late July 2020, Crowdstrike spotted a threat actor associated with PIONEER KITTEN that was attempting to sell access to compromised networks on an underground forum.

Access 99

Access Financial Services Retail Insurance 99

Collibra

MAY 14, 2021

This conference brought together data and analytics leaders from top industries such as government, banking, financial services, insurance, and manufacturing. By adaptation, Gartner means having technologies and practices that easily, or even automatically, shift to meet the changing needs of the business and market.

Analytics 59

Analytics Metadata Financial Services Government 59

Rocket Software

NOVEMBER 19, 2020

Not only is claims administration already labor intensive and one of the biggest sources of cost and delays in the healthcare and insurance industries, but COVID-19 has turned the whole thing upside-down, requiring a whole new set of rules to process an entirely new category of claims. . The post Busy?

Insurance 68

Insurance Financial Services Sales Government 68

IBM Big Data Hub

MARCH 27, 2024

Substantial repair costs might arise, particularly impacting insurance companies. In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life. Predicting energy consumption is closely linked to weather patterns.

Risk 66

Risk Artificial Intelligence Agriculture Financial Services 66

Security Affairs

APRIL 20, 2023

In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security. ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals.

Personal data 98

Personal data Phishing Risk Financial Services 98

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 117

Risk Financial Services Insurance Cybersecurity 117

Reltio

JUNE 20, 2023

The report cited that, "Reltio’s vision is to strategically go to market in B2B, B2C, insurance, financial services, healthcare, and life sciences with prebuilt connectors in corresponding velocity packs.”

MDM 98

MDM Cloud B2C B2B 98

Data Protection Report

NOVEMBER 16, 2022

BIPA exempts certain types of entities, namely, organizations that are governed by certain federal laws including the X-Ray Retention Act, the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”), and the Gramm-Leach-Bliley Act (“GLBA”). Who is covered by BIPA? 740 ILCS 14/25(b)-(c). DePaul University , Case No.

Financial Services 98

Financial Services Privacy Compliance Insurance 98

DLA Piper Privacy Matters

FEBRUARY 28, 2022

Most incidents reported originate from the private sector ( 3,667 ), with 2,707 incidents reported from public sector organisations in Ireland such as public sector bodies, banks, insurance and telecom companies. Financial Services Sector Focus. In November, the DPC launched the revised Breach Notification Webform.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

IBM Big Data Hub

JANUARY 18, 2024

Banking and financial services In a transactional industry, AI-powered chatbots can deliver fast and accurate answers , eliminate waiting times, streamline web searches for information and facilitate meaningful customer interactions. Industry benefits Chatbots can benefit from any industry but there are a few standout use cases.

Sales 95

Sales Artificial Intelligence Communications Marketing 95

Info Source

MAY 21, 2020

With powerful synergies, Ephesoft and Alfresco are heavily focused on solving content acquisition and management challenges in government and specifically in federal and public sectors, financial services, insurance, manufacturing and healthcare, among other industries.

Digital transformation 52

Digital transformation Content services Artificial Intelligence Insurance 52

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. Also read : Top Governance, Risk, and Compliance (GRC) Tools for 2022. Once data is mapped, organizations make better decisions on how that data is governed and reduce their risk footprint.

Risk 121

Risk Cybersecurity Encryption Access 121

Data Matters

AUGUST 24, 2018

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.

Insurance 60

Insurance Big data e-Delivery Risk 60

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

Security Affairs

APRIL 8, 2020

The research firm revealed that many of the government IDs exposed in the data breach have since expired. “Consider contacting CIFAS (the UK’s Fraud Prevention Service) to apply for protective registration. . “Consider contacting CIFAS (the UK’s Fraud Prevention Service) to apply for protective registration.

Ransomware 106

Ransomware Data breaches Encryption Financial Services 106

KnowBe4

MARCH 28, 2023

Strategies include: Developing a comprehensive, defense-in-depth plan Technical controls all organizations should consider Gotchas to watch out for with cybersecurity insurance Benefits of implementing new-school security awareness training Best practices for creating and implementing security policies Get the E-Book now!

Phishing 79

Phishing Security awareness Insurance Cybersecurity 79

IT Governance

FEBRUARY 21, 2024

Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Subscribe now The post The Week in Cyber Security and Data Privacy: 12 – 18 February 2024 appeared first on IT Governance UK Blog.

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

Hunton Privacy

FEBRUARY 6, 2015

The examinations evaluated the institutions’ practices in key areas such as risk management, cybersecurity governance, network security, information protection, vendor management and incident detection. Almost all the examined broker-dealers (98%) and advisers (91%) make use of encryption in some form.

Cybersecurity 40

Cybersecurity Insurance Financial Services Risk 40

Thales Cloud Protection & Licensing

APRIL 1, 2021

For organizations in highly-regulated industries such as financial services, government and healthcare, they can now leverage Thales Luna HSMs and Luna Cloud HSMs with Double Key Encryption (DKE) for Microsoft 365 and comply with regulations such as the EU General Data Protection Regulation (GDPR), the Health Insurance Portability and Accountability (..)

Encryption 79

Encryption Compliance Cloud GDPR 79