HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Data Protection Report

OCTOBER 23, 2024

On October 2, 2024, the New York State Department of Health (DOH) published a new cybersecurity regulation (10 NYCRR 405.46) for all general hospitals licensed pursuant to article 28 of the Public Health Law.

Cybersecurity 45

Cybersecurity Risk Access Financial Services 45

KnowBe4

MARCH 28, 2023

Strategies include: Developing a comprehensive, defense-in-depth plan Technical controls all organizations should consider Gotchas to watch out for with cybersecurity insurance Benefits of implementing new-school security awareness training Best practices for creating and implementing security policies Get the E-Book now!

Phishing 105

Phishing Security awareness Insurance Cybersecurity 105

ARMA International

APRIL 18, 2022

The purpose of this article is to remove the fear and intimidation of domestic and global data protection laws and show how these laws and requirements are consistent with the existing objectives of your records retention schedule and information governance policy. 13.709, Article 19 (Brazil, August 14). 2016/679, Art. 2 DLA Piper.

Personal data 116

Personal data GDPR Privacy Records Management 116

Reltio

NOVEMBER 9, 2020

As quoted in this CMSWire article, Personalization Goes Nowhere without Trust , "you can't respect consent and communication preferences if they are only managed at a functional or channel level.". For example, financial institutions want to understand if the customer they are interacting with is part of a household. Jan 8, 2020.

Customer Experience 72

Customer Experience MDM Retail Data science 72

Lenny Zeltser

JUNE 21, 2024

Further down were CISOs at financial services or insurance firms. If not, encourage organizers to adopt these rules or refer them to this article. CISOs of All Types Industry veteran Andrew Hay once posted a tongue-in-cheek "CISO hierarchy of industry respect." At the top were security leaders of Fortune 500 companies.

Security 56

Security Sales Financial Services Cybersecurity 56

Data Matters

FEBRUARY 25, 2021

The FCA has provided new guidance for PIs and EMIs using the “insurance or comparable guarantee” method of safeguarding. This includes a requirement that the insurance policy or comparable guarantee must pay out for the full amount of any claim regardless of how the relevant insolvency event occurs (including if the firm is at fault).

Authentication 68

Authentication Paper Risk Insurance 68

Info Source

JANUARY 30, 2025

I had the privilege to present on this topic at the 2024 Global AIIM conference and wrote an article on The Environmental Impact of Information Management. #6: Digital Transformation and Customer Experience : Banks and insurance carriers are under strong pressure to digitally transform and meet the demand for high customer experience.

Marketing 52

Marketing B2B Digital transformation Customer Experience 52

eSecurity Planet

JANUARY 11, 2022

This article looks at the top 40 cybersecurity startups to watch in 2022 based on their innovations in new and emerging technologies, length of operation, early funding rounds, scalability, and more. With robust encryption policies, Evervault can help reduce insurance premiums and offers PCI-DSS and HIPAA compliance automation.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142

eSecurity Planet

AUGUST 13, 2021

This article looks at the top digital forensic software tools of 2021 and what customers should consider when buying or acquiring a DSF tool. For the time being, increasing regulation and scrutiny of sensitive data make banking, financial services, and insurance (BFSI) the fastest-growing segment of the DFS market.

e-Discovery 139

e-Discovery Computer and Electronics Marketing Compliance 139

Reltio

JANUARY 23, 2020

I read an excellent article by Brian Solis on ZDNet that sums up what’s wrong with legacy MDM. Legacy MDM products were developed before the experience economy, when product was the focal point. Legacy MDM is linear, siloed, and latent in a customer experience world that is asymmetric, omnichannel, and real-time. .

Customer Experience 71

Customer Experience MDM Healthcare Marketing 71

Data Matters

NOVEMBER 2, 2021

Article I: Digital Asset Overview and Methods to Gain Exposure to Digital Assets . We have seen development of many new products and service offerings to facilitate institutional investment in digital assets over the past year. regulated broker-dealer. Obtaining Exposure to DeFi and Assets Beyond Bitcoin.

Blockchain 88

Blockchain Marketing Access Risk 88

Reltio

APRIL 25, 2019

Blake Morgan , Customer Experience Futurist, makes her point in the Forbes article Five Trends Shaping the Future of Customer Experience In 2019. Blake Morgan articulates in her timely and relevant article that “we’re entering a time of great transition in customer experience.”

Customer Experience 75

Customer Experience Digital transformation B2B B2C 75

DLA Piper Privacy Matters

SEPTEMBER 29, 2017

The AU-054 covers entities from the banking or financial sector which are under the control of the French Autorité de Contrôle Prudentiel et de Résolution in accordance with Article L.511-20-III 511-20-III of the French Code Monétaire et Financier and related regulations. 311-2 of the Code Monétaire et Financier. .

Personal data 40

Personal data Financial Services Risk Insurance 40

Reltio

AUGUST 16, 2018

My article listed three very basic GDPR requirements, there are certainly many many more. Finally it won’t take long for the US and rest of the world to catch up, the State of California recent enacted The California State Assembly’s passage today of the California Consumer Privacy Act (CCPA) which has many elements of GDPR.

GDPR 70

GDPR MDM Compliance Personal data 70

ARMA International

AUGUST 2, 2019

In the time this article was being written, the FTC updated its site to explain that the high interest in the alternative payment would lead to consumers getting less than the $125. Even so, some 140,000 Social Security numbers, 1 million (Canadian) Social Insurance numbers, and 80,000 linked bank account numbers were exposed.

Cloud 44

Cloud Data breaches Encryption Access 44

Info Source

AUGUST 5, 2019

TimelinePI focuses on the healthcare, financial services, and insurance industries, and offers solutions in areas like human resources, procurement, and robotic process automation (RPA), which is an area of crossover with ABBYY. Integration with BPM systems is another shared area of focus.

Analytics 40

Analytics Marketing Financial Services Insurance 40

DLA Piper Privacy Matters

JULY 30, 2019

Some states – such as Alabama, Massachusetts and New York (for financial services companies) – prescribe particular requirements of a “reasonable” cybersecurity program. At least nine states expressly extend these requirements to service providers. Proof of adequate cyber insurance coverage.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

KnowBe4

FEBRUARY 14, 2023

By Javvad Malik Insurance provider Hiscox has published its fifth annual cyber readiness report, which has some eye-opening statistics. [link] Thinking Critically About Your Online Behavior Employees need to adjust their mindsets in order to defend themselves against social engineering attacks, according to Jonathon Watson at Clio.

Phishing 98

Phishing Security awareness Compliance Security 98

Data Matters

SEPTEMBER 24, 2019

*Jan Yves Remy is a former Sidley Austin Associate and now serves as the Deputy Director at Shridath Ramphal Centre for International Trade Law, Policy and Services at the University of the West Indies in Barbados. Today, more than 120 countries have privacy and data protection laws or regulations in place. An Overview of the BDPA.

Personal data 68

Personal data GDPR Data Privacy Privacy 68

Data Matters

JANUARY 2, 2018

At present, litigation of this type has typically failed at the pleadings stage due to plaintiffs’ failure to demonstrate the “injury in fact” necessary for Article III standing. State legislatures, insurance commissions, attorneys general and regulatory agencies are moving to develop detailed cybersecurity requirements.

Privacy 68

Privacy Cybersecurity Data breaches GDPR 68

IBM Big Data Hub

APRIL 18, 2024

Image (55%): Gen AI can simulate how a product might look in a customer’s home or reconstruct an accident scene to assess insurance claims and liability. Financial services AGI might revolutionize financial analysis by going beyond traditional methods. The skills gap in gen AI development is a significant hurdle.

Artificial Intelligence 89

Artificial Intelligence Marketing e-Delivery Manufacturing 89

Data Matters

APRIL 23, 2018

* This article first appeared in In-House Defense Quarterly on April 3, 2018. While there may be no perfect path to cybersecurity, this article provides a roadmap for organizations to consider when seeking to mitigate cyber risk. Its prescription can be understood as an enterprise-level, targeted guidance approach. Principle 5.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

CILIP

JULY 19, 2019

Kevin: So if a senior board level person working in financial services is having conversations on slack or instant messenger, can Preservica help preserve the full spectrum through digital archiving? Look at mortgage documents or life insurance policies, anything around financial communications, this needs to be stored.

Archiving 40

Archiving Records Management GDPR Digital transformation 40

Cyber Info Veritas

JULY 19, 2018

This is according to a recent survey conducted by Soha Systems, and according to one of the speeches delivered by the Superintendent of the New York State Department of Financial Services, Mr. Benjamin Lawsky, “ A company’s cybersecurity is only as strong as the cybersecurity of its third-party vendors ”.

Risk 40

Risk Cybersecurity Compliance Data breaches 40

ForAllSecure

JANUARY 19, 2022

Vamosi: Okay, I’ve probably written a fair number of those articles on why passwords are weak or just plain bad. We use public key cryptography in https and secures how we use our financial services or order online. Digitally to all of these online services? Last time I did it was why our passwords were bad.

Passwords 52

Passwords Authentication Access Data breaches 52

KnowBe4

MAY 31, 2023

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. According to the report, the financial services industry as a target has increased by 72% over 2022 and was the single largest target of financial fraud attacks, representing 49% of all such attacks.

Phishing 104

Phishing File names Security awareness Risk 104

IT Governance

JANUARY 16, 2024

GB Rebekah Children’s Services Source (New) Non-profit USA Yes 2,805 Butte School District Source 1 ; source 2 (Update) Education USA Yes 2,658 Dignity Health Nevada St. Source (New) Real estate USA Yes 10 GB Unitex Source (New) Manufacturing USA Yes 9.5

Data Privacy 52

Data Privacy Privacy Manufacturing Security 52

Data Protection Report

FEBRUARY 13, 2025

The resulting definition at Article 3(1) AI Act leaves many unanswered questions. There are some specific examples of systems that may fall out of scope that are likely to be welcome for example, the suggestion that linear or logistic regression methods could fall out of scope will be welcome to the financial services industry.

Risk 52

Risk Artificial Intelligence Insurance Marketing 52