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State of the Global Intelligent Document Processing Market 2023/2024

Info Source

KEY TAKEAWAYS Globally end customer organisations invested close to 7 Billion US$ into IDP solutions in 2023. 2023 showed a particularly strong growth of IDP solutions offered by vendors who specialise in enterprise automation solutions. In North America the demand for IDP solutions accelerated in 2023.

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Lloyd’s Will No Longer Include Nation-State Attacks in its Cyber Insurance Policies

IT Governance

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.

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List of Data Breaches and Cyber Attacks – May 2023

IT Governance

IT Governance found 98 publicly disclosed security incidents in May 2023, accounting for 98,226,877 breached records. Also be sure to check out our new page, which provides a complete list of data breaches and cyber attacks for 2023. million) Clinical test data stolen from biotech company Enzo Biochem (2.47

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Ransomware attack on Singing River Health System impacted 895,000 people

Security Affairs

The Singing River Health System revealed that the ransomware attack that hit the organization in August 2023 impacted 895,204 people. At the end of August 2023, the systems at three hospitals and other medical facilities operated by Singing River Health System (SRHS) were hit by a Rhysida ransomware attack. reported BankInfoSecurity.

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State of the EMEA Information Capture & IDP Market 2022/2023

Info Source

The input sources related to the digitisation of paper-based business inputs i.e., scanners, MFPs, and fax machines remained stable in 2022. Business inputs have increasingly shifted from paper to a variety of digital sources arriving via a broad range of communication channels including email, fax, smart devices, and social media.

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Group-IB and CryptoIns introduce the world’s first insurance against cyber threats for cryptocurrency exchanges

Security Affairs

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.