Data Protection Report

OCTOBER 17, 2024

On October 16, 2024, the New York Department of Financial Services (“NYDFS” or “DFS”) issued guidance raising awareness about combatting cybersecurity risks arising from artificial intelligence (“AI”) used by DFS licensees, such as insurers and virtual currency businesses. Data Inventories and Data Minimization.

Artificial Intelligence 56

Artificial Intelligence Financial Services Risk Cybersecurity 56

Hunton Privacy

MARCH 17, 2023

If Senate File 262 is enacted, it would take effect on January 1, 2025. Controller Obligations Controllers would be required to implement reasonable security practices, provide a compliant privacy notice to consumers and enter into agreements with processors that handle the controller’s personal data.

Privacy 72

Privacy Personal data Sales Insurance 72

Data Matters

SEPTEMBER 7, 2022

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.

Insurance 78

Insurance Paper Privacy Risk 78

Data Protection Report

OCTOBER 23, 2024

Although most of the regulation will take effect in one year, on October 2, 2025, the requirement that covered hospitals provide notice to DOH within 72 hours of a “Cybersecurity incident” (which can include third party incidents) went into effect upon publication.

Cybersecurity 45

Cybersecurity Risk Access Financial Services 45

Collibra

MARCH 4, 2020

Because we like to look ahead, we call it Collibra Data Office 2025. Collibra’s Data Office 2025 champions the concept of data as a strategic and competitive asset and directly increases the state of Data Intelligence. And as part of those efforts, we’ve created a formal data office.

Marketing 105

Marketing Insurance Analytics Digital transformation 105

IBM Big Data Hub

OCTOBER 30, 2023

The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets. A leading insurance player in Japan leverages this technology to infuse AI into their operations.

Analytics 77

Analytics Retail Cloud Insurance 77

Hunton Privacy

JULY 12, 2023

The OCPA provides an exemption to personal data subject to the Gramm-Leach-Bliley Act, the Health Insurance Portability and Accountability Act, and a number of other federal laws. Thus, like most other comprehensive state privacy laws, employee data and business-to-business data are excluded from the scope of the OCPA.

Privacy 52

Privacy Personal data Insurance Sales 52

Hunton Privacy

MAY 10, 2022

The CTDPA exempts certain entities, including, for example, state and local government entities, nonprofits, higher education institutions, financial institutions subject to the Gramm-Leach-Bliley Act (“GLB”), and qualifying covered entities and business associates subject to the Health Insurance Portability and Accountability Act (“HIPAA”).

Privacy 118

Privacy Personal data Sales B2B 118

OpenText Information Management

AUGUST 30, 2024

Here are the key reasons why: Proven track record of maturity: In 2025, ArcSight will celebrate its 25th anniversary. ArcSight provides critical insurance against the damage modern cyber-attacks can inflict on an organization.’

Compliance 69

Compliance Analytics Cloud Cybersecurity 69

Collibra

JULY 2, 2024

Half of organizations and over two-thirds of internally developed applications will incorporate widespread or critical AI and machine learning (ML) by 2025. It’s clear that AI innovation needs proper governance if it’s going to solve rather than create new business problems.

Unstructured data 80

Unstructured data Government Risk Metadata 80

Hunton Privacy

JULY 20, 2023

The DPDPA also contains a number of exemptions, including exceptions for financial institutions, affiliates and data subject to Title V of the Gramm-Leach-Bliley Act, covered entities and business associates under the Health Insurance Portability and Accountability Act of 1996 and nonprofit organizations.

Privacy 52

Privacy Personal data Sales Risk 52

AIIM

MARCH 26, 2018

And, it is estimated that by 2025 the world’s digital data will grow to one hundred and sixty three zettabytes. Consider this – over ninety percent of world’s data, estimated to be a staggering sixteen zettabytes, was created in the past 5 to 6 years. Digital data pervades virtually every aspect of our lives.

GDPR 95

GDPR Data Privacy Privacy Compliance 95

eSecurity Planet

FEBRUARY 14, 2023

IDC expects GRC spending to hit $15 billion by 2025. In the case of Lemonade – an online insurance company – it spent over 200 hours on the process. The growing number of data privacy regulations has raised the potential consequences of cybersecurity breaches, spurring demand for GRC (governance, risk, and compliance) software.

Compliance 121

Compliance Security Cybersecurity Marketing 121

IT Governance

SEPTEMBER 13, 2022

According to Cisco’s 2022 Cybersecurity Almanac , the amount of money organisations spend recovering from cyber attacks is expected to increase by 75% in the five-year period from 2021 to 2025, reaching as much as $10.5 trillion (about £8.9 trillion). . Ultimately, it can cover the cost of-rebuilding if all else fails.

Risk 102

Risk Security Data breaches Phishing 102

Data Matters

APRIL 15, 2022

To this end, it contains a built-in review period that requires the Utah Attorney General and Division of Consumer Protection to submit a report evaluating the effectiveness of the law by July 1, 2025.

Privacy 105

Privacy Personal data Sales Insurance 105

Info Source

JUNE 11, 2020

In fact, by 2025, Gartner< [link] > estimates 30 percent of large enterprise and. Our technologies are used by Fortune 500 companies in finance, insurance, transportation, healthcare and other industries helping them make intelligent business decisions. ABBYY is a global company with offices in 13 countries.

Artificial Intelligence 52

Artificial Intelligence Digital transformation Insurance Privacy 52

IBM Big Data Hub

APRIL 10, 2024

IDC estimates that 750 million cloud native will be built by 2025. Where and how these applications are deployed will impact time to market and value realization. The reality is that application landscapes are complex, and they challenge enterprises to maintain and modernize existing infrastructure, while delivering new cloud-native features.

Cloud 88

Cloud Marketing Risk Customer Experience 88

Reltio

MAY 20, 2022

Some of the world's top enterprises now run on Reltio, including 14 of the Fortune 100, and 9 of the top 10 pharmaceutical companies and several globally recognized customers, including AstraZeneca, Takeda, Empire Life Insurance, and Fulton Bank, switched from legacy to modern MDM solutions. Legacy MDM - There’s a Better Answer.

MDM 75

MDM Customer Experience Cloud Insurance 75

Data Matters

JUNE 22, 2022

financial or lending services, housing, education enrollment or opportunity, employment, insurance, access to “essential goods and services”). Controllers will be required to observe such signals by January 1, 2025. The Connecticut law includes a mandatory 60-day right to cure that sunsets on December 31, 2024.

Data Privacy 86

Data Privacy Privacy Personal data Sales 86

Data Protection Report

JANUARY 4, 2024

Tie-breaker/Bonus question: Which two states have comprehensive privacy laws scheduled to go into effect on January 1, 2025? c. Which one does NOT take effect on July 1, 2024? a. Delaware and Iowa b. Indiana and Michigan c. New Mexico and South Carolina c. Tennessee and Wisconsin Answers: 1.

Privacy 111

Privacy Cybersecurity Artificial Intelligence e-Discovery 111

Info Source

MARCH 6, 2019

The enterprise segment was another growth driver with substantial wins in the financial services, insurance, transportation and logistics, and legal sectors. Overall spending is expected to reach $232 billion by 2025 compared to an estimated $12.4 billion today. ABBYY increased its global partner network by more than 20%.

Unstructured data 49

Unstructured data Digital transformation Marketing Financial Services 49

Info Source

JUNE 11, 2020

In fact, by 2025, Gartner< [link] > estimates 30 percent of large enterprise and. Our technologies are used by Fortune 500 companies in finance, insurance, transportation, healthcare and other industries helping them make intelligent business decisions. ABBYY is a global company with offices in 13 countries.

Artificial Intelligence 40

Artificial Intelligence Digital transformation Insurance Privacy 40

eSecurity Planet

OCTOBER 11, 2022

billion by 2025. UEBA utilizes algorithms and machine learning to track anomalous behavior not just from users within a certain network but also the routers, servers, and endpoints making up that network. UEBA has been growing for some time, and a 2022 Market Data Forecast report predicts its global market size to grow from $890.7

Analytics 125

Analytics Cybersecurity IT Data breaches 125

eSecurity Planet

JUNE 16, 2022

trillion by 2025, according to the report Cyberwarfare in the C-Suite from Cybersecurity Ventures. Capital markets, insurance, financial services, and banking are now online. In 2015, global cyber crime had a cost of about $3 trillion, and the cost is expected to rise to $10.5 See the Top Rootkit Scanners. Other methods.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

IBM Big Data Hub

OCTOBER 12, 2023

Stored data is predicted to see a 250% growth by 2025, 1 the results of which are likely to include a greater number of disconnected silos and higher associated costs. To optimize data analytics and AI workloads, organizations need a data store built on an open data lakehouse architecture.

Government 76

Government Analytics Metadata Compliance 76

The Last Watchdog

JULY 13, 2023

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. trillion by 2025, a 300% increase since 2015 1. Beazley’s underwriters in the United States focus on writing a range of specialist insurance products.

Risk 189

Risk Insurance Energy and Utilities Marketing 189

eSecurity Planet

AUGUST 27, 2021

CSTAR scores have the added functionality for use as evidence for cybersecurity insurance. With a CAGR up to 16%, the TPRM market expects to grow to $8 billion by 2025 and more than $12 billion by 2028. Vendors get assigned a CSTAR score wherein the client organization can identify risk level and act appropriately.

Risk 130

Risk Compliance Marketing Cybersecurity 130

Reltio

MAY 13, 2019

The fact that your ECC version will go onto extended maintenance in 2025 is not the main reason, is it?”. “No, So it’s not too late to think about including a purpose-built data management solution to reduce the data related risk in your project” “What exactly do you mean by data related risk?”.

Cloud 89

Cloud Cleanup Risk IT 89

Data Matters

JULY 28, 2021

Notably, the CPA exempts data “created by a covered entity for the purposes of complying with HIPAA” but does not have an entitywide exemption for Health Insurance Portability and Accountability Act (HIPAA)-regulated entities. Both the VCDPA and CPRA exempt entities regulated by HIPAA. Enforcement Abilities. Enforcement Authority.

Privacy 86

Privacy Personal data Sales Compliance 86

Data Protector

OCTOBER 11, 2017

In many cases, there is significant public support for that provided it is anonymised—although I know there are questions about that—but what people are fussed about is that their data is sold on for commercial purposes, that it is used for marketing or, worst of all, that it is used to affect their insurance policies and life insurance.

GDPR 120

GDPR Personal data Government IT 120

Collibra

MARCH 22, 2022

By 2025, the compound annual growth rate (CAGR) of data generated by the industry alone will reach 36%. A key catalyst behind the digitization efforts stem from the need to better manage and derive value from “healthcare and clinical data” in a timely manner.

Digital transformation 52

Digital transformation Cloud Healthcare Computer and Electronics 52

Adam Levin

DECEMBER 7, 2020

There is a broad attack surface here — not just military and political but also insurance, law enforcement and commerce,” said Matt Turek, a program manager for the Defense Advanced Research Projects Agency to the Financial Times. The security issues common to IoT devices stem from rapid growing demand for smart devices.

IoT 52

IoT Artificial Intelligence Passwords Phishing 52