eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. GDPR-style data privacy laws came to the U.S. with the California Consumer Privacy Act (CCPA) effective Jan.

Data Privacy 138

Data Privacy Compliance Privacy Security 138

The Last Watchdog

JUNE 9, 2022

And, let’s be honest , the deceptive writing phishing assaults and other cyber threats today employ are skilled enough to fool even the most trained, internet-savvy experts. A criminal exploiting someone’s medical or insurance details to make fraudulent claims is known as medical identity theft. Ever present threats.

Privacy 267

Privacy Security Phishing Insurance 267

Collibra

JUNE 23, 2023

The ever-growing digitalization of our world has raised significant concerns about data privacy and security, particularly for agencies that manage and process sensitive and confidential information. Focus: Regulatory frameworks Within the United States there are a number of regulatory frameworks that address citizen privacy.

Privacy 106

Privacy Government Data Privacy Data breaches 106

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. Submit its training materials to HHS for approval and provide appropriate training to the workforce within 30 days of HHS approval.

Ransomware 111

Ransomware Personal data Risk Privacy 111

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. The Framework.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

The Last Watchdog

OCTOBER 5, 2023

Editor’s note: I recently had the chance to participate in a discussion about the overall state of privacy and cybersecurity with Erin Kapczynski, OneRep’s senior vice president of B2B marketing. OneRep provides a consumer service that scrubs your personal information from Google and dozens of privacy-breaching websites.

Cybersecurity 190

Cybersecurity Privacy Cloud IoT 190

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

Hunton Privacy

JANUARY 2, 2019

New cybersecurity rules for insurance companies licensed in South Carolina are set to take effect in part on January 1, 2019. The new law is the first in the United States to be enacted based on the data security model law drafted by the National Association of Insurance Commissioners.

Insurance 77

Insurance Cybersecurity Data breaches Encryption 77

Data Protection Report

MAY 18, 2022

On May 16, 2022, the Office of the Privacy Commissioner of Canada (the “OPC”) released an Interpretation Bulletin (the “Bulletin”) on what it considers to be “sensitive” personal information under the federal Personal Information Protection and Electronic Documents Act (“PIPEDA”).

Privacy 125

Privacy Insurance Phishing Risk 125

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

Hunton Privacy

FEBRUARY 10, 2020

On January 27, 2020, CISCO released its 2020 Data Privacy Benchmark Study entitled “From Privacy to Profit: Achieving Positive Returns on Privacy Investments” (the “Study”). This section of the Study concluded that: Average annual spending on privacy amounted to $1.2 The average ratio of benefits to privacy spend was 2.7:1

Privacy 100

Privacy Sales Data Privacy Compliance 100

Hunton Privacy

NOVEMBER 13, 2023

DMS is a HIPAA business associate (“BA”) that provides payer credentialing and medical billing services to HIPAA Covered Entities (“CEs”).

Ransomware 72

Ransomware Risk Insurance Encryption 72

Hunton Privacy

SEPTEMBER 22, 2022

The PHI included patient name, patient date of birth, date of sample collection, and the name of the provider who took the specimen, in violation of the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”). Designation of Privacy Official. Training Requirements. 164.530(c).

Privacy 58

Privacy Compliance Insurance IT 58

The Last Watchdog

OCTOBER 29, 2018

In fact, recent research reveals that about 60% of information security stakeholders have an IT background, but about the same amount lack formal technical training[1]. Companies should have written data privacy and security policies and procedures in place. Insurability. Reasonable protections.

Security 129

Security Data Privacy Privacy Data breaches 129

The Last Watchdog

MARCH 20, 2023

Exploitation drivers From the case of Hegestratos committing insurance fraud by sinking a ship in 300 B.C., Cybersecurity has similarly developed as a necessary countermeasure to prevent scammers from rampaging the privacies of citizens. The advancement of fraud has materialized parallel to that of currency.

Cybersecurity 186

Cybersecurity Education Insurance Data breaches 186

Hunton Privacy

JULY 1, 2022

Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation. In addition to the monetary penalty of $5 million, NYDFS also accepted Carnival’s surrender of its insurance producer license; thus, Carnival has ceased selling insurance in New York.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Hunton Privacy

OCTOBER 15, 2021

The Division of Consumer Affairs alleged that the fertility clinic violated the New Jersey Consumer Fraud Act and the federal Health Insurance Portability and Accountability Act’s (“HIPAA”) Privacy and Security Rules by removing protected health information (“PHI”) safeguards.

Data breaches 103

Data breaches Privacy Insurance Information Security 103

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

Hunton Privacy

SEPTEMBER 24, 2020

million settlement with Athens Orthopedic Clinic PA (“Athens Orthopedic”) for alleged violations of the Health Insurance Portability and Accountability Act (“HIPAA”) Privacy and Security Rules. Department of Health and Human Services (“HHS”) Office for Civil Rights (“OCR”) announced a $1.5

Insurance 64

Insurance Data breaches Privacy Risk 64

Data Matters

MARCH 12, 2019

Over the last few years, States have enacted increasingly aggressive legislation concerning data privacy and security, raising concerns that companies will be subject to a patchwork of different standards. Other Notable Changes. The proposed changes would amend the Rule to reflect this change.

Privacy 68

Privacy IT Information Security Insurance 68

DLA Piper Privacy Matters

AUGUST 23, 2021

Rather than bringing substantial changes to the existing China data privacy framework, the PIPL helpfully consolidates and clarifies obligations on processing of personal information at a national law level. To be clear, this is not China’s own GDPR.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

Armstrong Archives

AUGUST 25, 2023

The Health Insurance Portability and Accountability Act (HIPAA) ensures individuals’ health data protection and privacy. This includes insurance companies, nurses, and doctors. It’s all about creating the perfect balance between optimal medical services while upholding patient privacy.

Computer and Electronics 52

Computer and Electronics Insurance Compliance Risk 52

IT Governance

OCTOBER 31, 2023

Records breached: 512,000 documents, with details of insurance investigations, vehicle registration certificates, notices of car seizures and payment card details. Records breached: Exact numbers unknown, but names, dates of birth, Social Security numbers, health insurance information and class lists were exfiltrated.

Data Privacy 52

Data Privacy Privacy Data breaches Security 52

Hunton Privacy

NOVEMBER 8, 2023

The NYDFS, which regulates financial institutions including insurance companies, mortgage brokers and banks, adopted the original Cybersecurity Regulation in 2017. In the coming weeks, NYDFS will host an upcoming series of training sessions on the amended Cybersecurity Regulation to help regulated entities plan for compliance.

Cybersecurity 72

Cybersecurity IT Compliance Financial Services 72

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

Data Protection Report

DECEMBER 8, 2022

Norton Rose Fulbright Canada’s cyber litigation team recently obtained an order in favour of an insurer, granting it relief from forfeiture in respect of more than 11 bitcoins from the assets seized from a prolific ransomware gang. [1] Insurers excluded from restitution order.

Ransomware 98

Ransomware Insurance IT Data breaches 98

Hunton Privacy

MAY 17, 2017

million civil monetary penalty against Memorial Hermann Health System (“MHHS”) for alleged violations of the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) Privacy Rule. . This settlement, the eighth announced this year, signals OCR’s increased enforcement of the Privacy Rule.

Privacy 49

Privacy Compliance Insurance IT 49

Hunton Privacy

OCTOBER 25, 2022

The compromised data included contact details, national insurance numbers and bank account details, as well as special category data, including ethnic origin, religion, details of any disabilities, sexual orientation and health information.

Security 97

Security Personal data GDPR Insurance 97

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 86

Artificial Intelligence Retail Unstructured data Insurance 86

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. Thu, 12/07/2017 - 15:43.

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. Tue, 12/05/2017 - 17:24.

Insurance 40

Insurance Digital transformation Artificial Intelligence GDPR 40

ARMA International

AUGUST 7, 2023

These include artificial intelligence (AI), hybrid and remote work collaboration, cloud, workflow automation and customization, mail processing and digitization, and security and data privacy. Are their levels of security and privacy protocols leaving them vulnerable to breaches and cyberattacks?

Artificial Intelligence 52

Artificial Intelligence Cloud Data Privacy Privacy 52

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

IBM Big Data Hub

FEBRUARY 23, 2024

DL models can improve over time through further training and exposure to more data. HR and internal processes: Conversational AI applications streamline HR operations by addressing FAQs quickly, facilitating smooth and personalized employee onboarding, and enhancing employee training programs. AI training is a continuous process.

Analytics 103

Analytics Artificial Intelligence Marketing Education 103

DLA Piper Privacy Matters

DECEMBER 7, 2017

Two recent developments in the United Kingdom highlight the growing risk of privacy litigation and “group actions” which is likely to further increase following the enactment of the General Data Protection Regulation (“ GDPR “) in May 2018.

Risk 40

Risk Privacy GDPR Data breaches 40

Data Matters

AUGUST 27, 2020

Department of Health and Human Services, Office for Civil Rights (“OCR”) has settled three cases related to alleged violations of the Health Insurance Portability and Accountability Act (“HIPAA”), totaling $1,165,000. Conducting appropriate training for employees who come into contact with ePHI as part of their professional duties.

Compliance 68

Compliance Security Risk Encryption 68

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