IT Governance

NOVEMBER 28, 2018

To highlight the importance and usefulness of the Cyber Essentials scheme, we’ve produced a series of blog posts summarising each of the five security controls that, according to the UK government, could prevent “around 80% of cyber attacks”. Reduce cyber insurance premiums. This blog covers malware. A long and varied list of threats.

Security 103

Security Ransomware Government Access 103

IT Governance

MARCH 20, 2024

Possible reasons for this trend change Reasons for organisations deprioritising security may include: Rising costs and economic uncertainty; Geopolitical tensions and uncertainty; and Fewer UK businesses identifying attacks or breaches, according to government data. % It also helps ensure your other measures get properly implemented.

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Security Data breaches Government Insurance 106

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

Collibra

JANUARY 14, 2022

When GDPR (General Data Protection Regulation) came into effect in 2016, organizations took time to understand and plan their compliance efforts. HIPAA (Health Insurance Portability and Accountability Act), as an example, requires protecting sensitive patient health information from being disclosed without the patient’s consent or knowledge.

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Compliance Government GDPR Personal data 52

Security Affairs

DECEMBER 23, 2019

The attacks aimed at government entities and managed service providers (MSPs) that were active in many industries, including aviation, healthcare, finance, insurance, energy, and gambling. The APT20 group has been active since at least 2011, but experts did not associate any campaign with this threat actors between 2016 and 2017.

Authentication 97

Authentication Insurance Access Government 97

The Last Watchdog

AUGUST 22, 2019

On one hand, threat actors have already begun exploiting fresh attack vectors, borne of this rising complexity, and, on the other, government authorities and industry standards bodies are insisting on compliance with increasingly cumbersome data-handling security rules. it’s almost a perfect storm.

Digital transformation 147

Digital transformation Compliance Risk Security 147

CGI

JUNE 14, 2016

Cybersecurity in the boardroom: 7 steps to improve cyber governance. Tue, 06/14/2016 - 08:00. High-profile incidents coupled with increasing government focus are raising awareness of the extent and potential impact of cybersecurity breaches. kathy.jacquay@…. Add new comment.

Cybersecurity 40

Cybersecurity Government Retail Insurance 40

CGI

JUNE 15, 2016

Cybersecurity in the boardroom: 7 steps to improve cyber governance. Wed, 06/15/2016 - 08:45. High-profile incidents coupled with increasing government focus are raising awareness of the extent and potential impact of cybersecurity breaches. Add new comment.

Cybersecurity 40

Cybersecurity Government Retail Insurance 40

Security Affairs

JULY 18, 2019

The Small Business Cybersecurity Assistance Act may provide business owners with access to government-level tools to secure small business against attacks. can hope for at present and an encouraging sign that the problem is on the government’s radar. In 2016, companies with fewer than 100 employees made up 33.4%

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Cybersecurity Education Government Risk 100

Thales Cloud Protection & Licensing

DECEMBER 22, 2020

As a result, data has become a critical asset for companies and governments alike, as well as the primary target for nefarious actors and nation states. Multinationals face difficult and unique compliance challenges to successfully meet the ongoing waves of government regulations for data privacy and security.

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Data Privacy Privacy Security Encryption 118

Data Matters

DECEMBER 20, 2019

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. NAIC Advances Accreditation Standard Process for Revised Credit for Reinsurance Model Law and Regulation, and Term and Universal Life Insurance Reserve Financing Model Regulation.

Insurance 60

Insurance Risk Artificial Intelligence Privacy 60

Data Matters

DECEMBER 20, 2019

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. NAIC Advances Accreditation Standard Process for Revised Credit for Reinsurance Model Law and Regulation, and Term and Universal Life Insurance Reserve Financing Model Regulation.

Insurance 60

Insurance Risk Artificial Intelligence Privacy 60

Hunton Privacy

OCTOBER 19, 2016

On October 19, 2016, the Federal Deposit Insurance Corporation (“FDIC”), the Federal Reserve System (the “Fed”) and Office of the Comptroller of the Currency issued an advance notice of proposed rulemaking suggesting new cybersecurity regulations for banks with assets totaling more than $50 billion (the “Proposed Standards”).

Cybersecurity 63

Cybersecurity Risk Insurance Marketing 63

eSecurity Planet

AUGUST 27, 2021

Also known as vendor risk management (VRM), TPRM goes beyond the general risk management and governance, risk, and compliance (GRC) solutions by specializing in the onboarding, risk assessment, and due diligence for organizations working with third parties. Black Kite Cyber Risk Rating System. OneTrust Vendorpedia. Prevalent TPRM Platform.

Risk 131

Risk Compliance Marketing Cybersecurity 131

IBM Big Data Hub

SEPTEMBER 11, 2023

IBM and AWS have been working together since 2016 to provide secure, automated solutions for hybrid cloud environments. Multiple query engines, built-in governance, and hybrid cloud deployment models further elevate its capabilities. One notable example is a prominent Japanese insurance company that leveraged Db2 PureScale on AWS.

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Customer Experience Cloud Data migration Digital transformation 104

IT Governance

JUNE 28, 2018

Police Scotland had agreed to spend £46 million improving its computer systems in 2016 , but the plan was scrapped after a series of errors, including disagreements over the project’s timeframe and budget. Save money, because insurance agencies look favourably on organisations with Cyber Essentials certification.

Security 53

Security GDPR Insurance Government 53

Data Matters

MAY 17, 2018

The federal government has also taken notice of these efforts. Senate subcommittee on consumer protection, product safety, insurance, and data security to question Uber’s chief information security officer about its bug bounty program and its reported $100,000 payment to the intruders. The incident and Uber’s response prompted the U.S.

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Systems administration Information Security Cybersecurity Access 60

Hunton Privacy

MAY 16, 2017

A wide range of industries have been impacted by the attack, including businesses, hospitals, utilities and government entities around the world. Affected entities also may face lawsuits from their business partners whose data is involved in the attack, and often battle insurers over coverage of costs associated with the attack.

Ransomware 61

Ransomware Insurance Access Information Security 61

eSecurity Planet

APRIL 26, 2022

Company Sector Year Status Verodin Cybersecurity analytics 2018 Acquired by FireEye Kenna Security Risk management 2018 Acquired by Cisco PhishMe Incident response 2016 Acquired: P.E. Named after the infamous string of nation-state cyber attacks during the late 2000s, NightDragon was established in 2016 by former McAfee CEO Dave DeWalt.

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Cybersecurity Cloud Marketing Security 127

eSecurity Planet

FEBRUARY 16, 2021

Only 38% of state and local government employees are trained for ransomware prevention, and only 29% of small businesses have experience with ransomware ( IBM ). In 2019, the municipal government of New Orleans was forced to declare a state of emergency and paid over $7 million. Statistics. Ransomware Types.

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Ransomware Encryption Insurance Cloud 97

Schneier on Security

NOVEMBER 8, 2017

Additionally, I am a Fellow and Lecturer at the Harvard Kennedy School of Government --where I teach Internet security policy -- and a Fellow at the Berkman-Klein Center for Internet and Society at Harvard Law School. In May 2016, one of its websites was hacked, resulting in 430,000 people having their personal information stolen.

Personal data 92

Personal data Computer and Electronics Privacy Data breaches 92

Hunton Privacy

JANUARY 16, 2019

Because employer-sponsored health plans are HIPAA-covered entities, any PHI held by a self-insured plan and subject to HIPAA will be outside the reach of the CCPA. In general, ERISA preempts state laws that govern a central matter of plan administration or that impermissibly interfere with nationally uniform plan administration.

Insurance 50

Insurance Data collection Privacy IT 50

Data Matters

OCTOBER 8, 2020

According to OFAC, ransomware attacks have been increasing over the last two years and are a special risk during the COVID-19 pandemic, with cybercriminals targeting not only large corporations but also small to medium enterprises, hospitals, schools, and local government agencies. Since 2015, the U.S. Notable sanctions designations include.

Ransomware 68

Ransomware Compliance Risk Government 68

IT Governance

APRIL 10, 2019

On 6 July 2016, the EU officially adopted the NIS Directive (Directive on security of network and information systems) and gave each EU member state just under two years to implement its requirements into national law. Implementation status : Transposed, with Act 134 of 2017 and Government Decree 394/2017 (XII.

Compliance 54

Compliance Information Security Government Insurance 54

eSecurity Planet

MARCH 28, 2023

Microsoft Azure Microsoft Hyper-V 2016/2019 R2/2019 VMware ESXi up to 7.0 Ubuntu 18.04, and Ubuntu 20.04 Clusters of physical and virtual appliances can be deployed to expand reach or improve resilience through redundancy.

Authentication 104

Authentication Access IoT MDM 104

Hunton Privacy

SEPTEMBER 19, 2016

On September 15, 2016, the New Jersey Senate unanimously approved a bill that seeks to limit retailers’ ability to collect and use personal data contained on consumers’ driver and non-driver identification cards. The bill, known as the Personal Information and Privacy Protection Act , must now be approved by the New Jersey Assembly.

Privacy 45

Privacy Retail Personal data Insurance 45

Hunton Privacy

APRIL 8, 2016

On April 4, 2016, Hunton & Williams LLP announced the formation of a Cyber and Physical Security Task Force to assist companies in minimizing the risks and consequences of a serious security incident. Team helps companies devise legal strategies to enhance security and mitigate threat risk.

Security 40

Security Cybersecurity Risk Insurance 40

Ascent Innovations

MAY 17, 2018

Few unexpected nation states are rising in the ranks of sponsored attackers, including spying on thousands of people across 20 countries via an Android malware campaign, and another one infiltrated Russia’s Cozy Bear liar and uncovered the hack of DNC during the 2016 elections. Cyber-social.

Energy and Utilities 40

Energy and Utilities IoT Mining Financial Services 40

eSecurity Planet

JULY 8, 2022

The global cost of ransomware has risen from $325 million to $20 billion from 2016 to 2021, and on average, only 65% of encrypted data was restored after a ransom was paid. It provides a way to centrally protect and govern data across multiple software-as-a-service (SaaS) applications. RPOs are measured in seconds. Key Differentiators.

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Ransomware Cloud Encryption Marketing 135

DLA Piper Privacy Matters

APRIL 1, 2020

The Supreme Court held that: The earlier judgments of the High Court and Court of Appeal had misunderstood the principles governing vicarious liability. The court declined to specifically consider the General Data Protection Regulation, (EU) 2016/679 (“GDPR”). 2 Mohamud v WM Morrison Supermarkets plc [2016] UKSC 11; [2016] AC 677.

Data breaches 59

Data breaches GDPR Personal data Information governance 59

CGI

MAY 26, 2016

Fri, 05/27/2016 - 00:37. Overlapping SEC and FINRA cybersecurity-related requirements target the following areas: Governance and risk assessment. The NIST Framework reflects the recommendations of hundreds of businesses and government organizations. Financial institutions in the U.S. regulators’ state of mind. . Impacted areas.

Cybersecurity 40

Cybersecurity Risk Financial Services Compliance 40

CGI

JUNE 15, 2016

Wed, 06/15/2016 - 06:57. For Example: Insurance. Local Government. Central Government. Now is the time for your organisation to pilot Robotic Process Automation. p.butler@cgi.com. Zuboff’s Laws…. Everything that can be automated will be automated”. Everything that can be informated will be informated". Financial Services.

Financial Services 40

Financial Services Retail Insurance Government 40

InfoGovNuggets

APRIL 21, 2018

Wells Fargo is about to be (has been) fined close to $1 billion for irregularities regarding auto loans, auto insurance, and mortgage loans. This is in addition to the $185 million for the account cramming scandal in 2016, where the bank opened new accounts and credit cards that consumers did not request. This is the civil side.

Insurance 28

Insurance Risk Compliance Government 28

Hunton Privacy

MARCH 22, 2016

On March 16, 2016, and March 17, 2016, respectively, the Department of Health and Human Services (“HHS”) announced resolution agreements with North Memorial Health Care of Minnesota (“North Memorial”) and The Feinstein Institute for Medical Research (“Feinstein Institute”) over potential violations of the HIPAA Privacy Rule.

Computer and Electronics 40

Computer and Electronics Risk Passwords Privacy 40

IBM Big Data Hub

APRIL 5, 2023

Following this standardisation, IBM Consulting won multiple HR awards including the SingHealth Enterprise award for its commitment as a “Partner in Our Success” Moving to the cloud securely In 2016, SingHealth needed a better way to store, manage and process an ever-increasing amount of healthcare-related data.

Digital transformation 60

Digital transformation Compliance Cloud Insurance 60

CGI

DECEMBER 12, 2016

Mon, 12/12/2016 - 22:35. Trade finance, whether conducted on a domestic or international basis, can be a paper-intensive, costly and risk-laden proposition, involving not just companies importing and exporting goods and services but also their banks, insurers and others. Riding the blockchain wave in trade finance. ravi.kumarv@cgi.com.

Blockchain 40

Blockchain Digital transformation Paper Insurance 40

CGI

JULY 20, 2018

As someone engaged with blockchain projects since 2016 in CGI’s Trade Innovation Lab (and countless emerging technology projects before that), my experience is that blockchain is making the leap from experimental to production-ready solutions. In fact, NASDAQ developed an exchange for private securities called Linq in 2015. Add new comment.

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Blockchain Financial Services Insurance Manufacturing 45