IBM Big Data Hub

MAY 8, 2023

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. Usage risk—inaccuracy The performance of an AI system heavily depends on the data from which it learns.

Insurance 68

Insurance Risk Artificial Intelligence Government 68

IT Governance

AUGUST 25, 2022

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

Insurance 105

Insurance IT Government Risk 105

IT Governance

MARCH 20, 2024

In the UK, cyber security has been dropping down the board’s list of priorities. The UK government’s Cyber Security Breaches Survey 2023 confirms this trend. Fewer directors, trustees and other senior managers of both UK businesses and charities see cyber security as a high priority in 2023 compared to 2022. Specifically, a 13.4%

Security 116

Security Data breaches Government Insurance 116

Security Affairs

FEBRUARY 25, 2024

Every week the best security articles from Security Affairs are free for you in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Military 96

Military Security Ransomware Insurance 96

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR (among other legal requirements in the EU and elsewhere) can expose multinational organizations to hefty financial penalties, additional rules for disclosing data breaches, and increased scrutiny of the adequacy of their data security.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

The Last Watchdog

JUNE 2, 2022

Big banks and insurance companies instilled the practice of requesting their third-party vendors to fill out increasingly bloated questionnaires, called bespoke assessments, which they then used as their sole basis for assessing third-party risk. It does this by ingesting and correlating data from a wide array of security-related datasets.

Security 266

Security Risk Digital transformation Insurance 266

Security Affairs

JANUARY 19, 2024

According to the Ransomlooker tool, the number of ransomware attack victims increased by 128.17% compared to the previous year (2022), with 1837 additional incidents. This group primarily focused its attacks on the construction, manufacturing/industrial, and retail industries. Winter was the least active time (14.6%

Ransomware 122

Ransomware Manufacturing Retail Insurance 122

eSecurity Planet

AUGUST 27, 2021

Cyberattacks caused by supply chain vulnerabilities mean organizations need a renewed perspective on how to address third-party security. In a developing market, third-party risk management (TPRM) software and tools could be the answer to helping organizations fill the gap. Best Third-Party Risk Management (TPRM) Tools.

Risk 130

Risk Compliance Marketing Cybersecurity 130

The Last Watchdog

AUGUST 8, 2022

Add in an increasing focus on data becoming a crucial enterprise asset—as well as the introduction of countless database and analytical tools, digital twins, artificial intelligence, and machine learning—and we are dealing with unprecedented technical complexities and risk. Access security challenges. What will happen?

Security 214

Security Artificial Intelligence Risk Cybersecurity 214

The Last Watchdog

APRIL 30, 2019

I had the chance at RSA 2019 to visit with George Wrenn, founder and CEO of CyberSaint Security , a cybersecurity software firm that plays directly in this space. Prior to launching CyberSaint, Wrenn was CSO of Schneider Electric, a supplier of technologies used in industrial control systems. That could be for insurance purposes. “As

Cybersecurity 173

Cybersecurity Insurance Security Privacy 173

Rocket Software

NOVEMBER 19, 2020

As our CEO Andy Youniss noted in his letter earlier this month, ConnectIQ is “a robotic process automation (RPA) tool for mainframe environments, and helps companies create new efficiencies by automating the most often repeated, most labor-intensive functions.” . You may not have heard, but Rocket recently acquired ConnectIQ. The post Busy?

Insurance 68

Insurance Financial Services Sales Government 68

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

The Last Watchdog

OCTOBER 5, 2023

Byron is the founder and editor-in-chief of The Last Watchdog on Privacy & Security. Byron: To detect deep fakes, organizations can use digital watermarking, AI-driven detection tools, and media provenance tracking. He previously chronicled the emergence of cybercrime while covering Microsoft for USA TODAY.

Cybersecurity 203

Cybersecurity Privacy Cloud IoT 203

eSecurity Planet

FEBRUARY 14, 2023

I remember the first time we were asked for a SOC 2 report, which quickly became the minimum bar requirement in our industry for proof of an effective security program,” he said. The vision was to automate security and compliance across 14 frameworks, including SOC 2, ISO 27001, HIPAA and GDPR. Here are a few other winners.

Compliance 121

Compliance Security Cybersecurity Marketing 121

Security Affairs

OCTOBER 30, 2023

Most of bug hunters (61%) are experimenting Generative AI (GenAI) and believe it is essential to develop a new generation of hacking tools that can help them find more vulnerabilities. “The Hacker-Powered Security Report makes clear that hackers are actively growing their skillsets to meet emerging threats.

Blockchain 119

Blockchain Insurance Risk Security 119

The Last Watchdog

SEPTEMBER 7, 2018

Related: HBO hack spurs cyber insurance market. And over the years they’ve also financed security breakthroughs – at the source-code level. These security breakthroughs have not received much mainstream attention. But Hollywood has shelled out multi millions to support the advance of source-code security.

IoT 133

IoT Security Digital transformation Cloud 133

Security Affairs

FEBRUARY 12, 2024

The Canadian government is going to ban the tool Flipper Zero because it is abused by crooks to steal vehicles in the country. The Canadian government announced that it plans to ban the tool Flipper Zero , and similar hacking devices, to curb the surge in car thefts. ” said Canadian Industry Minister François-Philippe Champagne.

Sales 101

Sales Government Insurance IT 101

Krebs on Security

DECEMBER 12, 2018

Is it fair to judge an organization’s information security posture simply by looking at its Internet-facing assets for weaknesses commonly sought after and exploited by attackers, such as outdated software or accidentally exposed data and devices? the security posture of vendor partners). ENTIRELY, CERTIFIABLY PREVENTABLE.

Security 200

Security Energy and Utilities Risk Data breaches 200

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”. Some patients also had their Social Security numbers exposed.”

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

IT Governance

MAY 30, 2018

The EU General Data Protection Regulation (GDPR) is designed to harmonise data protection laws across the EU, but certain industries will have to respond differently in order to achieve compliance. A report published by research and consultancy company Celent highlights the challenges that the GDPR presents to insurers.

Insurance 49

Insurance GDPR Compliance Data collection 49

eSecurity Planet

JANUARY 21, 2021

Data privacy regulations like the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) can be hard to navigate for businesses of any size, but GRC tools can simplify and streamline compliance with all of the requirements. Contents: Top GRC tools comparison. Top GRC tools comparison.

Compliance 67

Compliance Risk Government Retail 67

The Security Ledger

DECEMBER 19, 2018

In this spotlight edition* of The Security Ledger Podcast, Steve Hanna of Infineon joins us to talk about the growing risk of cyber attacks on industrial systems and critical infrastructure. Industry 4.0" “Industry 4.0” “Industry 4.0” We talk about how that might be. Read the whole entry. »

IoT 40

IoT Security Manufacturing Risk 40

Security Affairs

NOVEMBER 15, 2022

Early this year, Trend Micro investigated a security breach suffered by a company in Taiwan. The researchers analyzed two campaigns attributed to Earth Longzhi; the first one conducted between 2020 to 2021 targeted the government, infrastructure, and health industries in Taiwan and the banking sector in China. Pierluigi Paganini.

Archiving 91

Archiving Passwords Metadata Insurance 91

eSecurity Planet

OCTOBER 18, 2022

The vast majority of cybersecurity decision makers – 91 percent, in fact – find it difficult to select security products due to unclear marketing, according to the results of a survey of 800 cybersecurity and IT decision makers released today by email security company Egress. Assessing AI and Security Training.

IT 123

IT Security Cybersecurity Marketing 123

IT Governance

JANUARY 9, 2020

Almost everyone wants to know what the future has in store – particularly when it comes to cyber security. With that in mind, Geraint Williams, IT Governance’s chief information security officer, discusses his cyber security predictions in the upcoming year. Our predictions. Ransomware will continue to increase.

Security 98

Security IoT Phishing Ransomware 98

Krebs on Security

APRIL 15, 2019

The security experts said Wipro’s customers traced malicious and suspicious network reconnaissance activity back to partner systems that were communicating directly with Wipro’s network. “Wipro has a multilayer security system,” the company wrote. On Friday, Apr. “A total of 44.4

IT 269

IT Insurance Communications Phishing 269

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

Security Affairs

JANUARY 7, 2022

The Federal Bureau of Investigation (FBI) warns US companies that the FIN7 cybercriminals group is targeting the US defense industry with BadUSB devices. FIN7 using this technique to target businesses in the transportation and insurance industries since August 2021, while it started targeting defense firms since November 2021.

Insurance 86

Insurance Ransomware Access Security 86

IT Governance

FEBRUARY 21, 2024

Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Source New Manufacturing USA Yes 20,415 TECA Srl Source New Transport Italy Yes 16.7 GB AGC Flat Glass North America, Inc.

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

Security Affairs

FEBRUARY 28, 2024

The FBI developed a decryption tool that could allow over 500 victims to recover their systems for free. To date, the FBI has worked with dozens of victims in the United States and internationally to disseminate a decryption tool to restore victim systems and prevent ransom demand payments of approximately $99 million.”

Ransomware 107

Ransomware Government Insurance Manufacturing 107

Security Affairs

JANUARY 23, 2024

The Black Basta ransomware gang claimed to have hacked the UK water utility Southern Water, a major player in the UK water industry. The company is a major player in the UK water industry, it employs over 6,000 people and has an annual turnover of over £1 billion. This means that files below the size of 5000 bytes cannot be recovered.

Encryption 117

Encryption Ransomware Blockchain Insurance 117

eSecurity Planet

JANUARY 12, 2021

Protecting your organization from IT security risks is an ongoing, fluid task. Proactively identifying, mitigating and remediating security threats is one of the biggest challenges today’s global businesses face. Components of Security Risk Assessments. Cybersecurity preparedness/ insurance. Endpoint protection.

Risk 70

Risk Security Cybersecurity Compliance 70

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

eSecurity Planet

OCTOBER 14, 2022

Sky Mavis has taken steps to improve its security. The risks are high as it’s a new, loosely regulated industry with many new technologies that may not be fully vetted or secured.”. The industry is still in its nascent stages. Web3 Security Options. CertiK’s Security Suite has tools to identify and avoid scams.

Cybersecurity 120

Cybersecurity Blockchain Insurance Security 120

The Last Watchdog

MARCH 26, 2019

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops. No going back.

Security 145

Security Digital transformation Financial Services Risk 145

IT Governance

FEBRUARY 14, 2024

Compromised data includes policyholders’ and their families’ civil status, dates of birth and social security numbers, as well as the name of their health insurer and information relating to their contracts. It has since been confirmed by Anukul Peedkaew, the permanent secretary of social development and human security.

Data Privacy 52

Data Privacy Manufacturing Privacy Security 52

IBM Big Data Hub

NOVEMBER 20, 2023

In 2023, organizations have faced an unprecedented level of pressure to digitally transform with the rise of generative AI as well as imperatives such as sustainability, labor productivity and security. The findings indicate that highly regulated industries are increasingly weighing risks, such as security, when considering the technology.

Cloud 84

Cloud Digital transformation Data structuring Marketing 84