IT Governance

OCTOBER 11, 2022

That’s a problem when cyber risks are constantly evolving, as is the way your organisation operates. It’s why organisations must manage the risks they face with continual evaluation, maintenance and revision. Managing cyber security risks requires a more intensive approach than simply implementing basic protections.

Risk 124

Risk GDPR Information Security Personal data 124

IBM Big Data Hub

MARCH 27, 2024

As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices. What is climate risk? Substantial repair costs might arise, particularly impacting insurance companies.

Risk 66

Risk Artificial Intelligence Agriculture Financial Services 66

IT Governance

JUNE 15, 2022

In an increasingly digital world, there are an escalating number of cyber security risks for business to address. IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average. Poor patch management. Weak passwords.

Risk 144

Risk Security Passwords Phishing 144

IT Governance

SEPTEMBER 13, 2022

Organisations are continually urged to invest more in defences – whether it’s technological solutions, staff awareness training or revamped compliance practices – but if those solutions aren’t part of a cohesive strategy, the benefits will be minimal. Stage 1: Detection. Organisations can perform these tasks with the help of ISO 27001.

Risk 110

Risk Security Data breaches Phishing 110

Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

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

AIIM

NOVEMBER 23, 2021

Back in 2017, I called up a few of the information governance friends I’d made through the AIIM Community to better understand the challenges they were up against. Four years later, we're finally seeing this shift in governance mindsets in nearly every AIIM member organization we speak with. Hurdles to Information Governance Success.

Information governance 115

Information governance Government Customer Experience Archiving 115

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

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. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Audit management.

Compliance 57

Compliance Risk Government Retail 57

IT Governance

JULY 15, 2019

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures. Document an incident response plan.

Insurance 89

Insurance Data breaches Risk Information Security 89

eSecurity Planet

AUGUST 27, 2021

In a developing market, third-party risk management (TPRM) software and tools could be the answer to helping organizations fill the gap. This article looks at the top third-party risk management vendors and tools and offers a look into TPRM solutions and what buyers should consider before purchasing. Aravo TPRM.

Risk 130

Risk Compliance Marketing Cybersecurity 130

OpenText Information Management

MAY 10, 2024

They must also build a solid data foundation, including a governance framework, to take full advantage of the benefits of AI. The OpenText™ Advantage For decades, enterprises have turned to OpenText's information management solutions to organize, connect, govern, and protect all data sets. This helps prioritize risk reduction.

Security 57

Security Artificial Intelligence Privacy Compliance 57

The Last Watchdog

OCTOBER 5, 2023

How can companies minimize risks? 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?

Cybersecurity 203

Cybersecurity Privacy Cloud IoT 203

IT Governance

MARCH 20, 2024

A 2022 Proofpoint study found that 76% of UK board members believed their organisation to be at risk of a material cyber attack in the next 12 months – higher than the global average of 65%. Implement Cyber Essentials This government-backed scheme comprises five basic, inexpensive controls that prevent most attacks.

Security 116

Security Data breaches Government Insurance 116

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 147

Risk Financial Services Insurance Cybersecurity 147

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

Collibra

DECEMBER 16, 2020

As a result, data governance in healthcare is non-negotiable. Data governance is about managing data and processes so data can be used as a consistent, secure and organized asset that meets policies and standards. Why is data governance important for a healthcare organization? Large volumes of sensitive data.

Government 59

Government Data Privacy Privacy Communications 59

IBM Big Data Hub

AUGUST 16, 2023

Nevertheless, I also understand the criticality of evaluating the inherent risks before embarking on its direct adoption within our organizations. In this discussion, I explore the risks and challenges associated with ChatGPT in an enterprise context, necessitating a careful approach to its implementation.

Risk 57

Risk Artificial Intelligence Compliance Privacy 57

IT Governance

DECEMBER 14, 2021

Organisations such as IT Governance that offer cyber security as a service assign dedicated experts to oversee the organisation’s data protection and data privacy needs. Services typically come with a dedicated team of experts, tools, training and support that can be deployed immediately, protecting you from a range of threats.

Security 131

Security Insurance Data breaches Information Security 131

Getting Information Done

APRIL 18, 2017

Ultimately, the chief information security officer (CISO) needs to understand the information footprint across systems, determine the value/risk of loss, and protect against cyberattacks through the deployment of control activities, which are commensurate with the value/risk of these information systems. So, what can be done?

Government 53

Government Cybersecurity Insurance Information governance 53

The Last Watchdog

AUGUST 12, 2019

In the last year, the news media has been full of stories about vicious cyber breaches on municipal governments. From Atlanta to Baltimore to school districts in Louisiana, cyber criminals have launched a wave of ransomware attacks on governments across the country. It is not of a matter of “if” but “when.”

Cybersecurity 147

Cybersecurity Risk Insurance Government 147

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

IBM Big Data Hub

APRIL 24, 2024

Mitigating privacy risks: The app limits data access to trusted employees who need it for their roles, and employees can access data only when they have a legitimate reason to. The Personal Information Protection and Electronic Documents Act (PIPEDA) Canada’s PIPEDA governs how private-sector businesses collect and use consumer data.

Data Privacy 86

Data Privacy Privacy GDPR Personal data 86

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 145

Data Privacy Compliance Privacy Security 145

IT Governance

SEPTEMBER 20, 2022

The framework consists of five interrelated stages (or ‘layers’) to mitigate the risk of data breaches: detection, protection, management, response and recovery. Understanding the threats you face and where your organisation is most at risk of being breached is critical to information security. Why Cyber Insurance is Essential in 2022.

Phishing 126

Phishing Data breaches Risk Insurance 126

IT Governance

SEPTEMBER 27, 2022

The framework consists of five interrelated stages (or ‘layers’) to mitigate the risk of data breaches: detection, protection, management, response and recovery. Training and professional certification are an ideal place to begin. Why Cyber Insurance is Essential in 2022. How we can help.

Data breaches 119

Data breaches Government Insurance Risk 119

IBM Big Data Hub

SEPTEMBER 28, 2023

All Granite foundation models have been trained on enterprise-focused datasets curated by IBM. This process is designed to help mitigate risks so that model outputs can be deployed responsibly with the assistance of watsonx.data and watsonx.governance (coming soon). for clients and partners to work with.

Risk 93

Risk Insurance Data collection Libraries 93

KnowBe4

MARCH 28, 2023

Security awareness training still has a place to play here." Not until an employee sends a reply, runs an attachment, or fills in a form is sensitive information at risk. Blog post with links: [link] [Live Demo] Ridiculously Easy Security Awareness Training and Phishing Old-school awareness training does not hack it anymore.

Phishing 86

Phishing Security awareness Insurance Cybersecurity 86

IT Governance

SEPTEMBER 15, 2021

A UK government report published last year found that 48% of organisations lacked the expertise to complete routine cyber security practices. 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. What is Cyber Security as a Service?

Security 122

Security Insurance Education Government 122

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?

Security awareness 90

Security awareness Phishing Risk Insurance 90

IT Governance

MAY 16, 2019

There are 46 standards in total in the series (although only a few apply to every organisation), of which ISO 27005 , the risk management standard, is arguably the most important and easiest to get wrong. What is risk management? Assessing these risks helps inform your decision about the best way to reduce risk to an acceptable level.

Risk 67

Risk Information Security Insurance Security 67

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. enable companies to identify cybersecurity risks and incidents.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

IT Governance

MAY 20, 2020

We take a look at some of those challenges in this latest round-up, which discusses the cyber security risks associated with the pandemic and the ways lockdown threatens our ability to work productively and safely. million and essential services under attack appeared first on IT Governance UK Blog. Cyber crime. Phishing scams.

Security 118

Security Phishing Insurance Risk 118

IBM Big Data Hub

JULY 11, 2023

AI-enabled robots can work around sensitive organs and tissues, reducing blood loss, infection risk and post-surgery pain. Census Bureau , 28 million Americans didn’t have health insurance in 2020, and even those with insurance don’t always have coverage for every type of screening they need.

Artificial Intelligence 58

Artificial Intelligence Insurance Healthcare Government 58

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

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