IT Governance

MAY 24, 2022

Organisations must always look for cost-effective ways to address the cyber security risks they face. With more than 1,200 publicly disclosed data breaches last year , and organisations spending almost £3 million on average responding to security incidents , effective risk management is a top priority. The benefits of cyber insurance.

Insurance 137

Insurance Data breaches GDPR Ransomware 137

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. This post summarizes the highlights from this meeting in addition to interim meetings held in lieu of taking place during the Summer Meeting. 26R — Bonds (SSAP No.

Insurance 78

Insurance Paper Privacy Risk 78

Data Matters

SEPTEMBER 20, 2021

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. This post summarizes the highlights from this meeting in addition to interim meetings that were held during July in lieu of taking place during the Summer Meeting.

Insurance 88

Insurance e-Delivery Paper Sales 88

eSecurity Planet

MAY 27, 2021

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

Insurance 128

Insurance Ransomware Risk Data science 128

Thales Cloud Protection & Licensing

APRIL 18, 2023

RSA Conference 2023: Meet Thales Where the World Talks Security! Meet us at Booth #N-5369 for demonstrations on data security, customer and workforce identity, and post quantum cryptography – just to name a few. Security teams must build quantum resilience today to protect their business from emerging risks.

Security 71

Security Digital transformation Privacy Cybersecurity 71

Data Breach Today

FEBRUARY 6, 2018

Policies Offer Incentives for Good Information Security Practices Apple and Cisco say they've partnered with insurers Aon and Allianz to offer cyber insurance policies for organizations that meet best security practices and use products from the technology companies.

Insurance 106

Insurance Information Security Risk Security 106

IBM Big Data Hub

DECEMBER 4, 2023

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

Insurance 56

Insurance Digital transformation Compliance Cloud 56

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

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. As a result of the COVID-19 pandemic, the NAIC held the Summer Meeting in a virtual format, with conference calls taking place over a three-week period.

Insurance 68

Insurance Paper Artificial Intelligence Big data 68

The Last Watchdog

MARCH 13, 2023

So how will this affect chief information security officers (CISOs) and security programs? Given the perennial skills and staffing shortage in security, it’s unlikely that CISOs will be asked to make deep budget or staffing cuts, yet they may not come out of this period unscathed. Demonstrate secure practices to customers.

Security 203

Security Insurance Cybersecurity Customer Experience 203

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 Summer Meeting was highlighted by the following activities. Under Regulation Best Interest (Regulation BI), as adopted by the U.S.

Insurance 68

Insurance Paper Risk Analytics 68

Data Matters

DECEMBER 11, 2018

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. This post summarizes the highlights from this meeting. NAIC Continues its Evaluation of Insurers’ Use of Big Data. sector; and.

Insurance 68

Insurance Paper Risk Big data 68

AIIM

OCTOBER 15, 2018

In a recent AIIM webinar, Craig Le Clair, Forrester VP and Principle Analyst, and Florian Vondal, Allianz Solution Architect, took a closer look at the “esign of the times” and what must be considered when attempting to accelerate e-signature adoption enterprise-wide and meet global compliance. Millennials or Generation X).

Compliance 109

Compliance Insurance Digital transformation Authentication 109

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 Cybersecurity 266

Data Protection Report

JANUARY 19, 2022

Review the vendor’s security protocols for compliance with industry standards, as well as the vendor’s records for any data breaches connected to the dataset in question. Claims by third parties for breach of privacy or information security. Confirm whether the vendor complied with any applicable regulatory requirements.

Compliance 131

Compliance Access Personal data Risk 131

IT Governance

FEBRUARY 22, 2022

Information security management is a way of protecting an organisation’s sensitive data from threats and vulnerabilities. The process is typically embedded via an ISMS (information security management system) , which provides the framework for managing information security. Why is information security management important?

Information Security 138

Information Security Security Data breaches Risk 138

Security Affairs

FEBRUARY 6, 2021

WestRock did not share details about the security incident, it only confirmed that its staff discovered the attack on January 23. On Friday the company provided an update on the security incident while it is working on restoring impacted systems. ” WestRock confirmed that it has cyber insurance business interruption insurance.

Ransomware 142

Ransomware Insurance Communications Cybersecurity 142

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

Krebs on Security

JANUARY 23, 2019

As a nation, we are much less safe from a cyber security posture than we were a month ago.” “These are criminal investigations involving national security. . “These are criminal investigations involving national security. “In the past week, the number of outdated Web security certificates held by U.S.

Security 257

Security Government Insurance Cybersecurity 257

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 122

IT Security Cybersecurity Marketing 122

eSecurity Planet

MARCH 18, 2022

Many security professionals think that if they have done the hard work of securing their organization, that should be enough. Even though drafting IT security policies can be a pain, formal policies provide a valuable resource to protect both the IT team and their organization. Written security policies.

IT 122

IT Compliance Security Access 122

IT Governance

MAY 30, 2018

A report published by research and consultancy company Celent highlights the challenges that the GDPR presents to insurers. Insurers are data controllers: a person, public authority, agency or body that determines the purpose of processing personal data. Steps insurers should take to become GDPR compliant.

Insurance 49

Insurance GDPR Compliance Data collection 49

Security Affairs

APRIL 30, 2023

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

Security 93

Security Ransomware Cybersecurity Authentication 93

IT Governance

NOVEMBER 17, 2022

Medibank faced angry questioning during its annual general meeting yesterday as shareholders sought explanations for the organisation’s response to last month’s cyber attack. The Australian health insurance giant fell victim to ransomware in October, as a result of which the personal data of 9.7 The extent of the damage.

IT 107

IT Ransomware Security Data breaches 107

Data Breach Today

FEBRUARY 6, 2018

Policies Offer Incentives for Good Information Security Practices Apple and Cisco say they've partnered with insurers Aon and Allianz to offer cyber insurance policies for organizations that meet best security practices and use products from the technology companies.

Insurance 100

Insurance Information Security Risk Security 100

Hunton Privacy

FEBRUARY 29, 2024

Finally, the investigation indicated that GRBH violated the HIPAA Privacy Rule by failing to meet the requirement not to use or disclose PHI except as permitted by the Rule. The Corrective Action Plan also requires GRBH to submit implementation and annual reports to HHS and comply with document retention requirements.

Ransomware 111

Ransomware Personal data Risk Privacy 111

Krebs on Security

APRIL 27, 2023

Until being contacted by this reporter on Monday, the state of Vermont had at least five separate Salesforce Community sites that allowed guest access to sensitive data, including a Pandemic Unemployment Assistance program that exposed the applicant’s full name, Social Security number, address, phone number, email, and bank account number.

Access 287

Access Authentication Information Security Communications 287

Security Affairs

OCTOBER 30, 2023

HackerOne customers praised the results of the bug bounty programs, 70% of them stated that the bug bounty programs helped them to increase their cyber security and avoid a significant cyber incident. “The Hacker-Powered Security Report makes clear that hackers are actively growing their skillsets to meet emerging threats.

Blockchain 121

Blockchain Insurance Risk Security 121

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

Thales Cloud Protection & Licensing

MARCH 22, 2023

5 Ways CIAM Ensures a Seamless and Secure Customer Experience divya Thu, 03/23/2023 - 05:27 In today's digital-first world, providing customers with trustworthy, hassle-free interactions is critical to business success. At the same time, consumers want to manage their money on demand seamlessly and have secure experiences while doing so.

Customer Experience 71

Customer Experience Security Authentication Privacy 71

Thales Cloud Protection & Licensing

DECEMBER 22, 2020

Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing. In recent years, costly breaches and evolving data security concerns have bubbled up to a board level agenda item. Data privacy is not a check-the-box compliance or security item. Data Privacy and Security in the Quantum Era. In the Dec.

Data Privacy 118

Data Privacy Privacy Security Encryption 118

IT Governance

OCTOBER 3, 2018

The Scottish government therefore launched Safe, secure and prosperous: a cyber resilience strategy for Scotland in 2015 to help develop a culture of cyber resilience across the country. All public-sector bodies in Scotland are required to take urgent measures to develop cyber resilience and become “exemplars” of online security.

Government 72

Government Compliance Risk Insurance 72

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

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. This means actively minimizing downtime and closing gaps in the supply chain to remain competitive.

Cloud 81

Cloud Financial Services Risk Business Services 81

IT Governance

NOVEMBER 28, 2023

Enforcement ICO gives UK’s top websites 30 days to meet cookie requirements The Information Commissioner has issued a statement, threatening enforcement action to the companies running the UK’s most-visited websites unless it meets its legal requirements on cookies within 30 days. The updated data point is italicised in the table.

Data Privacy 52

Data Privacy Privacy Energy and Utilities Data breaches 52

Krebs on Security

JUNE 15, 2023

The directive comes amid a surge in attacks targeting previously unknown vulnerabilities in widely used security and networking appliances. Barracuda was alerted to the exploitation of a zero-day in its products in mid-May, and two days later the company pushed a security update to address the flaw in all affected devices.

Risk 207

Risk Ransomware Cybersecurity Access 207

Krebs on Security

JULY 4, 2020

One of the most-read advice columns on this site is a 2018 piece called “ Plant Your Flag, Mark Your Territory ,” which tried to impress upon readers the importance of creating accounts at websites like those at the Social Security Administration , the IRS and others before crooks do it for you.

Passwords 282

Passwords Authentication Insurance Mining 282