This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
An investigation completed on February 18, 2025, confirmed that threat actors accessed personal information. “PSEA experienced a security incident on or about July 6, 2024 that impacted our network environment. . “PSEA experienced a security incident on or about July 6, 2024 that impacted our network environment.
26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 trillion annually by 2025, rising by 15% each year.
In January 2025, European financial and insurance institutions, their business partners and providers, must comply with DORA. In January 2025, financial and insurance institutions in Europe and any organizations that do business with them must comply with the Digital Operation Resilience Act, also known as DORA.
From the push for quantum-resilient cryptography to Software Bill of Material (SBOM ) requirements aimed at bolstering supply chain security, this installment examines the regulatory changes and evolving technical standards poised to reshape compliance expectations. EU AI Act) demand proactive adaptation.
What 2025 HIPAA Changes Mean to You madhav Tue, 02/04/2025 - 04:49 Thales comprehensive Data Security Platform helps you be compliant with 2025 HIPAA changes. HIPAA forces organizations to build a security system for personal health information. What is HIPAA? Who does it apply to? HIPAA is not a static regulation.
515 , making Vermont the twenty-first state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). Information Security Program Requirements. On May 27, 2022, Vermont Governor Phil Scott signed H.515
However, 2025 will see these challenges gradually turn into growth drivers: Proven ROI for GenAI-Infused IDP Solutions : As the year progresses, more use cases will demonstrate strong ROI. While 2025 will still present challenges, there is light at the end of the tunnel.
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. Yet, boardroom focus on cyber risk appears to be diminishing.
Boston, MA April 1st, 2025 Indico Data, The Decision Automation Company , today announced pivotal leadership appointments that reinforce its commitment to revolutionizing the insurance industry through AI-driven decision automation.
As of January 17, 2025, the Digital Operational Resilience Act (DORA) came into force across all European Union member states, with the crucial aim of strengthening the IT security of financial entities such as banks, insurance companies and investment firms.
Some of the most important are Gramm-Leach-Bliley Act ( GLBA ), the National Association of Insurance Commissioners ( NAIC ) Data Security Model Law, the New York Department of Financial Services ( NYDFS ) Cybersecurity Regulation, and the National Credit Union Administration ( NCUA ) cybersecurity guidance.
HHS Office for Civil Rights Proposes Measures to Strengthen Cybersecurity in Health Care Under HIPAA madhav Thu, 01/23/2025 - 06:25 Data Breaches in Healthcare: Why Stronger Regulations Matter A data breach involving personal health information isnt just about stolen filesits a gut punch to trust and a serious shake-up to peoples lives.
On March 20, 2025, the New York Attorney General (NYAG) announced a settlement with Ohio-based Root Insurance, regarding privacy practices relating to its auto insurance online quoting tool. Background Root offers auto insurance and, like many auto insurers, it offers online applications for quotes.
The noodle soup of B2B IAM and third-party identities madhav Wed, 02/26/2025 - 07:29 Introduction: A messy bowl of terminology Identity management is no longer just about employees. B2B IAM can mean supplier portals, distributor extranets, secure third-party integrations , or even cross-company collaboration tools.
I remember the first time we were asked for a SOC 2 report, which quickly became the minimum bar requirement in our industry for proof of an effective security program,” he said. The vision was to automate security and compliance across 14 frameworks, including SOC 2, ISO 27001, HIPAA and GDPR. Growth has definitely been robust. “Our
Several key provisions of the amended regulations will take effect on November 1, 2024, with additional measures rolling out in 2025. Achieving NYDFS Compliance Thales’ solutions can help Financial Institutions comply with NYDFS by simplifying compliance and automating security, reducing the burden on security and compliance teams.
This proposed rule would modify the Health Insurance Portability and Accountability Act of 1996 (HIPAA) Security Rule to require health plans, healthcare clearinghouses, as well as most healthcare providers and their business associates to strengthen cybersecurity protections for individuals protected health information. ”
Heres what you need to know about the game-changing announcements, and why you need to be at OpenText World 2025. By unifying analytics, BI, and AI capabilities, its designed to meet the needs of modern IT and data teams who demand scalability, speed, and security. What does this mean for you? Missed this year?
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 It’s why many experts recommend taking a defence-in-depth approach to cyber security. . trillion (about £8.9
Mitigate Data Privacy and Security Risks with Machine Learning. The Privacy and Security Dichotomy. And, it is estimated that by 2025 the world’s digital data will grow to one hundred and sixty three zettabytes. This is the ninth post in a series on privacy by Andrew Pery.
This launch reflects our commitment to helping you drive efficiency, strengthen security, and accelerate growth. 2025 marks a turning point in shaping the future of business. OpenText continues to lead through the seamless integration of cloud, security, and AI technologies. The latest Cloud Editions (CE) 25.1,
Microsofts Majorana 1 Breakthrough: A CISOs Roadmap to Post-Quantum Security madhav Tue, 04/01/2025 - 06:42 Imagine a future where a powerful quantum computer cracks the codes protecting bank transactions, secure exchanges, and sensitive documents like medical records in minutes.
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.
Waterloo, ON 2025-04-01 OpenText (NASDAQ: OTEX), (TSX: OTEX), today introduced the availability of Project Titanium X , now ready with Cloud Editions 25.2 (CE brings together a comprehensive set of enterprise capabilities for process automation, data, security and AI. Cloud Editions 25.2 Cloud Editions 25.2 OpenText CE 25.2
Their initial role had a lot to with ensuring compliance and securing all data assets. 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.
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”).
This EU regulation, which came into force on January 16, 2023, and will apply as of January 17, 2025, aims to fortify the IT security of financial entities and ensure the European financial sector can withstand major operational disruptions.
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.
23, 2025 /PRNewswire/ —Foundation AI, a leader in legal document processing automation solutions, is pleased to announce the appointment of Tom Majchrowski as the company’s new Chief Technology Officer. IRVINE, Calif. ,
Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. The adoption of cloud computing is a way to improve the security and the resilience of ICT services.
However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Cyberattack Statistics. Other methods.
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. If Senate File 262 is enacted, it would take effect on January 1, 2025.
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. AWS’s scalable infrastructure allows for rapid, large-scale implementation, ensuring agility and data security.
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.
These organizations must balance the advantages of cloud-based SIEMs with the need for strict internal security controls. SaaS-based SIEMs rely on shared cloud infrastructure and third-party security practices, increasing the risk of data interception and leakage, including supply chain attacks. The data suggests otherwise.
In the ever-evolving fight against data loss , data breaches, and data theft in the 21st century, organizations worldwide have turned to a number of cybersecurity solutions, services, and software in an attempt to keep their data safe and secure from threats. billion by 2025. million in 2019 to $1.1
Tie-breaker/Bonus question: Which two states have comprehensive privacy laws scheduled to go into effect on January 1, 2025? FBI Policy Notice 1297N, Cyber Victim Requests to Delay Securities and Exchange Commission Public Disclosure (Dec. Answers are below. 1. As of December 18, 2023, unless the U.S. b (within 2 hours).
Cyberattacks caused by supply chain vulnerabilities mean organizations need a renewed perspective on how to address third-party security. BitSight Security Ratings Platform. Ten years after BitSight became a pioneer in the security ratings space, the Boston-based company holds 32 patents and has rated over 40 million companies.
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.
Microsoft Security Excellence Awards Thales was announced as the overall winner in the Identity Trailblazer category at the Microsoft Security Excellence Awards. Fortress Awards The Business Intelligence Fortress Awards recognized Impervas application security offering. But they are always better when you win something.
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.
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.
In fact, by 2025, Gartner< [link] > estimates 30 percent of large enterprise and. Developing AI technologies that meet or exceed industry standards for performance, accuracy and security. Protecting confidential customer and partner data. ABBYY is a global company with offices in 13 countries.
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.
We organize all of the trending information in your field so you don't have to. Join 55,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content