IT Governance

OCTOBER 15, 2020

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

Insurance Data breaches Risk Security 122

The Last Watchdog

JULY 13, 2023

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. For the insurance industry, working with clients to help them tackle these challenges is vital to ensuring businesses operate in as safe an environment as possible.

Risk 189

Risk Insurance Energy and Utilities Marketing 189

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. sought coverage for expenses under its property insurance policy.

Insurance 70

Insurance Cybersecurity Risk Education 70

KnowBe4

OCTOBER 5, 2023

Menlo Security warns that a social engineering campaign is using the EvilProxy phishing kit to target senior executives across a range of industries, including banking and financial services, insurance, property management and real estate, and manufacturing.

Phishing 104

Phishing Financial Services Insurance Manufacturing 104

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 204

Cybersecurity Privacy Cloud IoT 204

Security Affairs

OCTOBER 30, 2023

62% of hackers plan to train their AI to specialize in the OWASP Top 10 for Large Language Models. The company reported that the automotive industry has seen the largest increase in bounties. The average bounty for all industries is $3,700 and goes up to $12,000 in the 90th percentile.

Blockchain 121

Blockchain Insurance Risk Security 121

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. Generative AI can produce high-quality text, images and other content based on the data used for training. We’re all amazed by what AI can do.

Artificial Intelligence 88

Artificial Intelligence Retail Unstructured data Insurance 88

IT Governance

MARCH 20, 2024

Better yet, small UK organisations achieving certification could receive cyber insurance with a total liability limit of £25,000 – a substantially higher sum than the cost of implementation for most eligible organisations. Cyber security assessor Ashley Brett provides expert insight into Cyber Essentials in this interview.

Security 116

Security Data breaches Government Insurance 116

Armstrong Archives

DECEMBER 19, 2023

Also, their policies must be tailored to their specific industry requirements and business size. Next, consult legal and industry-specific guidelines to determine the minimum retention periods. Training should cover how to classify, store, and eventually dispose of records according to the policy.

Compliance 52

Compliance Archiving Digital transformation Sales 52

IBM Big Data Hub

FEBRUARY 13, 2024

The quality of outputs depends heavily on training data, adjusting the model’s parameters and prompt engineering, so responsible data sourcing and bias mitigation are crucial. Imagine training a generative AI model on a dataset of only romance novels. Teamwork: Assemble a team with expertise in AI, data science and your industry.

Artificial Intelligence 125

Artificial Intelligence Marketing Sales Communications 125

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

KnowBe4

MARCH 28, 2023

Security awareness training still has a place to play here." New-school security awareness training with simulated phishing tests enables your employees to recognize increasingly sophisticated phishing attacks and builds a strong security culture. Get a look at THREE NEW FEATURES and see how easy it is to train and phish your users.

Phishing 88

Phishing Security awareness Insurance Cybersecurity 88

eSecurity Planet

OCTOBER 18, 2022

Assessing AI and Security Training. The survey also found almost unanimous faith in the benefits of security awareness training: Fully 96 percent of respondents believe training can bring about long-term, positive changes to their employees’ cybersecurity behavior. What Should Security Buyers Do?

IT 123

IT Security Cybersecurity Marketing 123

eSecurity Planet

SEPTEMBER 14, 2022

Cybercrime is a growth industry like no other. A major focus of cybersecurity as an industry is its efforts to detect, root out, and respond to potential fraudsters attempting to trick companies and people out of their money, data, or both. Finance and insurance finished a close second at 22.4%. billion in reported losses.

Energy and Utilities 120

Energy and Utilities Phishing Blockchain Cybersecurity 120

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

Security Affairs

AUGUST 16, 2023

Starting from May 2023, researchers from Cofense discovered a large-scale phishing campaign using QR codes in attacks aimed at stealing the Microsoft credentials of users from multiple industries One of the organizations targeted by hackers is a notable energy company in the US. ” reads Cofense’s report.

Phishing 89

Phishing Energy and Utilities Insurance Manufacturing 89

OpenText Information Management

APRIL 4, 2024

As B2B SaaS companies gained popularity in the early 2000s, vendors faced a challenge: neglecting customer training and retention led to frustrated users grappling with complex software, resulting in higher churn rates and reduced profitability. What is customer success? Customer success grew out of the boom in SaaS companies.

Sales 62

Sales B2B Communications Insurance 62

CGI

DECEMBER 7, 2017

Insurers’ top trends and priorities: A look at the 2017 CGI Client Global Insights (part 2). In my previous blog , I introduced findings from in-person interviews CGI held in 2017 with more than 1,300 client executives across 17 countries, including insurance business and IT executives. Extending the industry value chain (69%).

Insurance 40

Insurance Digital transformation Artificial Intelligence GDPR 40

CGI

DECEMBER 5, 2017

Insurers’ top trends and priorities: A look at the 2017 CGI Client Global Insights (part 2). In my previous blog , I introduced findings from in-person interviews CGI held in 2017 with more than 1,300 client executives across 17 countries, including insurance business and IT executives. Extending the industry value chain (69%).

Insurance 40

Insurance Digital transformation Artificial Intelligence GDPR 40

Reltio

FEBRUARY 22, 2024

Last year represented a watershed moment for us, with major new product launches, high-profile industry recognition, and increased growth in new customers. Product and AI Innovation Last year was marked by our continued success in rapidly delivering tailored solutions to customers across industries. As measured by revenue, as of 2024.

Customer Experience 52

Customer Experience MDM Healthcare Digital transformation 52

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 145

Data Privacy Compliance Privacy Security 145

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. On March 17, 2022, the U.S.

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

eDiscovery Daily

AUGUST 4, 2023

Privacy and security concerns with sensitive and confidential information and staying compliant with jurisdiction-specific laws and regulations like the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA) is an ongoing challenge. Educate and train staff.

Government 58

Government Access Insurance GDPR 58

IBM Big Data Hub

FEBRUARY 23, 2024

DL models can improve over time through further training and exposure to more data. Organizations across industries increasingly benefit from sophisticated automation that better handles complex queries and predicts user needs. Popular real-world industry uses of conversational AI There is no shortage of examples of conversational AI.

Analytics 106

Analytics Artificial Intelligence Marketing Education 106

Security Affairs

AUGUST 25, 2021

The group focuses on organizations in the insurance, retail, technology, and chemical industries in the U.S., The group has been active since 2016, it leverages known malware such as PUNCHTRACK and BADHATCH to infect PoS systems and steal payment card data. Canada, South Africa, Puerto Rico, Panama, and Italy.

Retail 126

Retail Insurance Cybersecurity Phishing 126

IBM Big Data Hub

SEPTEMBER 28, 2023

All Granite foundation models have been trained on enterprise-focused datasets curated by IBM. For many businesses and organizations, this can introduce uncertainties that slow adoption of generative AI, particularly in highly regulated industries. for clients and partners to work with.

Risk 94

Risk Insurance Data collection Libraries 94

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. Corporate cybersecurity programs should be based on industry leading practices in line with ISO 270001/2. Others, particularly in regulated industries, will want to be closer to 100 percent.

Risk 144

Risk Cybersecurity Encryption Access 144

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

ARMA International

AUGUST 7, 2023

The legal industry has earned its cautious reputation to “watch and wait” before adopting technology. In 2023, we see six significant trends that considerably impact the legal industry. As technology continues to evolve and become more accessible, law firms need to stay on top of the latest legal tech advancements.

Artificial Intelligence 52

Artificial Intelligence Cloud Data Privacy Privacy 52

IBM Big Data Hub

JANUARY 18, 2024

For complex purchases with a multi-step sales funnel, chatbots can ask qualification questions and connect customers directly with trained sales agents to lift your conversion rate. Industry benefits Chatbots can benefit from any industry but there are a few standout use cases.

Sales 96

Sales Artificial Intelligence Communications Marketing 96

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 107

Insurance Digital transformation Customer Experience Cloud 107

Thales Cloud Protection & Licensing

JUNE 15, 2023

Improved key management practices: With KMaaS, organizations can ensure that their keys are managed according to industry best practices, which helps minimize the risk of data breaches. With a KMaaS solution, organizations can reduce the key management complexity, improve data security, and ensure compliance with industry regulations.

Encryption 133

Encryption Compliance Cloud Authentication 133

IBM Big Data Hub

JULY 11, 2023

That massive increase means we will likely see considerable changes in how medical providers, hospitals, pharmaceutical and biotechnology companies, and others in the healthcare industry operate. Robotic surgery often means less scarring and shorter recovery times than traditional surgery.

Artificial Intelligence 60

Artificial Intelligence Insurance Healthcare Government 60

Security Affairs

APRIL 28, 2022

The criminal group had been mailing malware-ridden USBs to various entities in the transport, insurance, and defense industries under the guise that they originated from a trusted source, such as Amazon and the US Department of Health and Human Services.

Cybersecurity 93

Cybersecurity Access Insurance Security 93

Data Matters

APRIL 20, 2021

DOL guidance provides a series of questions that should serve as a starting point for this review and includes topics such as the service provider’s information security standards, track record, cybersecurity insurance coverage, and cybersecurity validation techniques.

Cybersecurity 68

Cybersecurity Insurance Risk Compliance 68

eSecurity Planet

MAY 26, 2023

Collaborative data analytics and data usage Analyzing broader patterns across an organization or an entire industry often requires users to access sensitive data outside of their normal scope of work. Blockchain and crypto security The encryption involved in confidential computing is especially useful in a blockchain environment.

Encryption 97

Encryption Cloud IoT Blockchain 97