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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?
New York, NY, July 27, 2023 – QBE North America today announced the launch of a cyber insurance program with new MGA, Converge, acting as program administrator. The program will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation.
A new round of the weekly Security Affairs newsletter arrived! Every week the best security articles from Security Affairs for free in your email box. The post Security Affairs newsletter Round 375 by Pierluigi Paganini appeared first on Security Affairs. Follow me on Twitter: @securityaffairs and Facebook.
Alexei Parfentiev, head of the analytics department at SerchInform, confirmed this scenario: “It looks more likely also because the requirements of regulators to such structures as the traffic police, in terms of protection against external attacks, are extremely strict,” he says. ” reads the post published by the Kommersant website.
But dont worryweve got the highlights that stole the show and reshaped the analytics game. The unveiling of the OpenText TM Analytics Cloud a unified data platform designed to supercharge your analytics strategy. From predictive analytics to real-time insights, the Analytics Cloud is where smarter decision-making begins.
A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S.
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. Moreover, what about other behavioral analytics methods in cybersecurity?
Big banks and insurance companies instilled the practice of requesting their third-party vendors to fill out increasingly bloated questionnaires, called bespoke assessments, which they then used as their sole basis for assessing third-party risk. It does this by ingesting and correlating data from a wide array of security-related datasets.
Threat Intel firm Group-IB has released an analytical report on the previously unknown APT group RedCurl, which focuses on corporate espionage. This allows RedCurl to remain undetected by traditional security solutions for a long time. “As All commands are passed as PowerShell scripts. Pierluigi Paganini.
Add in an increasing focus on data becoming a crucial enterprise asset—as well as the introduction of countless database and analytical tools, digital twins, artificial intelligence, and machine learning—and we are dealing with unprecedented technical complexities and risk. Access security challenges. Managing scenarios.
– Authentication and Security : APIs may require authentication for access control. Here are a few: Security Vulnerabilities : Unmanaged APIs may have security vulnerabilities that can be exploited by malicious actors. – Error Handling : Error messages are provided in the response for issue resolution.
This is as true in the cyber security landscape as it is in any other. To help you understand what might be in store in 2022, we’ve collected nine forecasts from cyber security experts. Cyber insurance will become more popular and more comprehensive. Cyber insurance premiums will increase. But predictions are difficult.
Last week, KrebsOnSecurity reported to health insurance provider Blue Shield of California that its Web site was flagged by multiple security products as serving malicious content. How did a browser extension lead to a malicious link being added to the health insurance company Web site? “High revenue per user.”
Apodis Pharma is a company that offers a digital supply chain management platform and other software solutions created for pharmacies, healthcare institutions, pharmaceutical laboratories, and health insurance companies. We then reached out to CERT France on October 29 in order to help secure the database. Pierluigi Paganini.
Collibra Adaptive Data and Analytics Governance is available for a free test drive! As a result, modern data professionals face this unavoidable challenge: How can I securely store and protect my organization’s data AND enable the organization to maximize its value? The key is adaptive data and analytics governance.
Whether you’re operating a global enterprise network or a small family business, your network’s security needs to be optimized with tools, teams, and processes to protect customer data and valuable business assets. Also read: What is Network Security?
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.
based Dun & Bradstreet [ NYSE:DNB ] is a data analytics company that acts as a kind of de facto credit bureau for companies: When a business owner wants to open a new line of credit, creditors typically check with Dun & Bradstreet to gauge the business’s history and trustworthiness. . Short Hills, N.J.-based
Hackers now leverage GenAI to launch targeted attacks that bypass traditional security systems. This means security vendors should create multi-tenant solutions that integrate easily with other security vendors’ products and cover both cloud and on-premise environments with flexible licensing and billing models and dedicated programs.
In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. As AI technologies continues to mature and use cases expand, insurers should not shy from the technology.
Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops. No going back.
Recapping a discussion moderated by Stijn Christiaens and featuring insurance data experts from Deloitte UK . Insurance is a data-intensive business. Insurance companies need data to better assess risks and price policies competitively, but also profitably. Mobilizing data governance programs.
Endpoint security software is designed to detect, avert, and eradicate malware on endpoint devices like desktop computers, laptops, network servers, and mobile phones. Endpoint security solutions are available in three forms—personal, small and mid-sized business (SMB), and enterprise use. Bitdefender Premium Security.
There’s a frantic scramble going on among those responsible for network security at organizations across all sectors. Enterprises have dumped small fortunes into stocking their SOCs (security operations centers) with the best firewalls, anti-malware suites, intrusion detection, data loss prevention and sandbox detonators money can buy.
Managing complex investigative analytics As businesses and investigations grow, so does the amount of data they generate which must be included in any analysis. They must also streamline their analytics workflows and improve collaboration internally and externally. Locations (places, postcodes, etc.),
Security experts shared lists of organizations that were infected with the SolarWinds Sunburst backdoor after decoding the DGA mechanism. Security experts started analyzing the DGA mechanism used by threat actors behind the SolarWinds hack to control the Sunburst / Solarigate backdoor and published the list of targeted organizations.
Related: Data breaches fuel fledgling cyber insurance market. Brinqa, an Austin, TX-based security vendor has come up with a cyber risk management platform designed to help companies take a much more dynamic approach to closing that gap, specifically in the areas of vulnerability management and application security, to start.
Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.
If you havent upgraded yet, youre missing out on transformative features designed to streamline operations, improve security, and enhance collaboration across your enterprise. Secure, compliant, and connected CE 23.1 introduced crucial enhancements that support compliance, security, and productivity across industries.
Gain deeper insights by analyzing customer interactions to improve overall experiences Optimize agent performance with real-time analytics. Secure and streamline media asset management with AI-powered analytics. Optimizing call center operations with CE 23.1 Why upgrade? Enhancing total experience with Experience Cloud 23.2
IBM, a pioneer in data analytics and AI, offers watsonx.data, among other technologies, that makes possible to seamlessly access and ingest massive sets of structured and unstructured data. Real-time data analytics helps in quick decision-making, while advanced forecasting algorithms predict product demand across diverse locations.
EventTracker has a bird’s eye view; its unified security information and event management (SIEM) platform includes – behavior analytics, threat detection and response, honeynet deception, intrusion detection and vulnerability assessment – all of which are coupled with their SOC for a co-managed solution. Election threat.
Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. With evolving attack methodologies due to machine learning, quantum computing, and sophisticated nation-state hackers, security startups are receiving record funding.
As the demand for robust security defense grows by the day, the market for cybersecurity technology has exploded, as well as the number of available solutions. They earned the highest score among providers named "Customer's Choice" in Gartner's 2022 "Voice of the Customer” Security Awareness Computer-Based Training report. CyberProof.
The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.
Todays businesses must understand the emerging trends in records management to stay secure, compliant, and ready for a quickly changing future. While a select few organizations began computerization in the 1970s, it wasnt until the 2000s that federal regulations pushed businesses toward secure electronic records management.
Banks, financial services, and insurance companies are especially vulnerable to fraud due to their access to large amounts of money and sensitive information for customers and employees alike. They’re also useful for background checks, data analytics, and data mining. Take a look at Top Secure Email Gateway Solutions for 2022.
The NYDFS learned of the threat after receiving reports from auto insurers that cybercriminals were targeting their premium quote sites to steal driver’s license numbers. NYDFS attributes the growing threat activity, in part, to heightened fraud during the COVID-19 pandemic.
brings together a comprehensive set of enterprise capabilities for process automation, data, security and AI. brings: Content Cloud introducing OpenText Content Management for Guidewire for knowledge management, a purpose-built solution to support the entire lifecycle of insurance processes. Cloud Editions 25.2 OpenText CE 25.2
A recent report by network detection and response vendor ExtraHop details how third-party security and analytics tools routinely “ phone home ” in order to exfiltrate network behavior data back to their home base, without explicitly asking permission. Once upon a time, security groups were indistinguishable from compliance groups.
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.
New operational analytics and AI/ML platform drives contextual intelligence and prioritized actions to anticipate risky behaviors, disrupt threats and insure business resilience.
If you complete the full Fluvastatin prescription, then we’ll reduce your monthly healthcare insurance payment by 5%.”. Organizations use accounting, auditing, investigative, data and analytic skills to “follow the money” and determine their financial value. Figure 3: Customer Analytic Profile. Follow the Customer Summary.
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