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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

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CIAM in insurance: A unified, secure user experience with a single login

Thales Cloud Protection & Licensing

CIAM in insurance: A unified, secure user experience with a single login madhav Fri, 05/26/2023 - 07:33 In recent years, the insurance industry has transformed from a singularly focused entity to a multi-brand or multi-service type of business. Adding value to the user experience (a top priority for 59% of insurers) 2.

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How Cybersecurity Insurance Can Work To Help An Organization

Thales Cloud Protection & Licensing

How Cybersecurity Insurance Can Work To Help An Organization. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. I recently spoke with Neira Jones and Danna Bethlehem about how cybersecurity insurance can work to help an organization. regulations.

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Top Five Reasons for Choosing FIDO2 Devices for Enterprise Authentication

Thales Cloud Protection & Licensing

Top Five Reasons for Choosing FIDO2 Devices for Enterprise Authentication. Strong yet convenient authentication has become a paramount factor of a robust security posture for modern, digital, cloud-first enterprises. Why do you need passwordless authentication? Thu, 09/08/2022 - 06:01. Enhance identity verification with MFA.

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FFIEC Guidance on Authentication and Access to Financial Institution Services and Systems

Data Matters

On August 11, 2021, the Federal Financial Institutions Examination Council (FFIEC)1 issued guidance establishing risk management principles and practices to support the authentication of users accessing a financial institution’s information systems and customers accessing a financial institution’s digital banking services (the Guidance).

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Ohio Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”.

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The Orion blockchain database: Empowering multi-party data governance

IBM Big Data Hub

Orion combines these capabilities with other blockchain properties, offering tamper evidence, provenance, data lineage, authenticity and non-repudiation, all while utilizing a standard data model and transactional APIs. Ensuring the authenticity of data is crucial in preventing potential disputes over authorship in multi-party interactions.