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Record Retention Policy for Businesses: A Strategic Guide to Compliance and Efficiency

Armstrong Archives

For instance, a small healthcare provider would need to retain patient records for a different duration than a retail business would need to keep sales invoices. Training Staff on Record Retention Policy Employees at all levels should understand the importance of adhering to the company’s record retention policy.

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Conversational AI use cases for enterprises

IBM Big Data Hub

DL models can improve over time through further training and exposure to more data. Marketing and sales: Conversational AI has become an invaluable tool for data collection. In the back end, these platforms enhance inventory management and track stock to help retailers maintain an optimal inventory balance.

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

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.

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Data privacy examples

IBM Big Data Hub

An online retailer always gets users’ explicit consent before sharing customer data with its partners. ” The CCPA empowers Californians to prevent the sale of their data and have it deleted at their request, among other rights. A navigation app anonymizes activity data before analyzing it for travel trends.

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List of Data Breaches and Cyber Attacks in 2023

IT Governance

We offer a variety of resources to help understand and mitigate threats, from training courses and consultancy services to free guides. The information was offered for a private sale on the now-defunct hacking forum Breached, and it was later leaked in its entirety for free. With that out of the way, it’s time to move on to May 2023.

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The Week in Cyber Security and Data Privacy: 26 February – 3 March 2024

IT Governance

Publicly disclosed data breaches and cyber attacks: in the spotlight Millions of Pure Incubation Ventures records listed on hacking forum 183,754,481 records apparently belonging to the venture capital and private equity group Pure Incubation Ventures have been listed for sale on a hacking forum. The claim is yet to be verified.

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The Week in Cyber Security and Data Privacy: 22 – 28 January 2024

IT Governance

Mobile network database breach exposes 750 million Indians’ personal data The Indian security company CloudSEK claims to have found the personal data of 750 million Indians for sale on an “underground forum”. Compromised data includes victims’ names, addresses, phone numbers and Aadhaar numbers (a 12-digit government identification number).