Security Affairs

OCTOBER 30, 2023

Crypto and blockchain organizations continue to offer the highest average overall payouts for vulnerabilities in their platforms, this year’s top reward was $100,050. . “The Hacker-Powered Security Report makes clear that hackers are actively growing their skillsets to meet emerging threats.

Blockchain 141

Blockchain Risk Insurance Security 141

Security Affairs

JANUARY 2, 2024

A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group.

Ransomware 140

Ransomware Encryption Blockchain Insurance 140

Information Management Resources

APRIL 30, 2018

The commercial insurance broker's pilot, in partnership with IBM and ACORD, is the second such initiative in the P&C sector.

Insurance 34

Insurance Blockchain Risk 34

CGI

DECEMBER 12, 2016

Riding the blockchain wave in trade finance. Trade finance, whether conducted on a domestic or international basis, can be a paper-intensive, costly and risk-laden proposition, involving not just companies importing and exporting goods and services but also their banks, insurers and others. ravi.kumarv@cgi.com. Mon, 12/12/2016 - 22:35.

Blockchain 40

Blockchain Digital transformation Paper Insurance 40

Data Matters

MAY 9, 2019

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. ceding insurer could be eligible for the same reduced collateral requirements that would apply to qualifying EU reinsurers under the revised CFR Model Laws.

Insurance 68

Insurance Blockchain Big data Risk 68

The Last Watchdog

NOVEMBER 27, 2022

Rather than rely on centralized databases, PII is validated via a distributed ledger or blockchain. Many people who receive SNAP benefits are also eligible for Medicaid, Temporary Assistance for Needy Families (TANF), and the Children’s Health Insurance Program (CHIP).

Government 211

Government Blockchain Access Insurance 211

CGI

MAY 13, 2018

To get the most from blockchain in government, a sharing mindset is needed. Twenty-five years later, blockchain is here and can bring those use cases to life. However, blockchain requires organizations to think about their data not as an asset they own, but as a shared resource—a shift in mindset that is not easy for everyone.

Blockchain 40

Blockchain Government Computer and Electronics Mining 40

CGI

MAY 15, 2018

The blockchain bowling alley – how distributed ledger technology goes mainstream. As someone engaged with blockchain projects since 2016 in CGI’s Trade Innovation Lab (and countless emerging technology projects before that), it feels as though blockchain is now making the leap from experimental to production-ready solutions.

Blockchain 40

Blockchain Financial Services Insurance Manufacturing 40

CGI

JULY 28, 2018

The blockchain bowling alley: How distributed ledger technology goes mainstream. As someone engaged with blockchain projects since 2016 in CGI’s Trade Innovation Lab (and countless emerging technology projects before that), my experience is that blockchain is making the leap from experimental to production-ready solutions.

Blockchain 40

Blockchain Financial Services Insurance Manufacturing 40

Information Management Resources

AUGUST 20, 2018

The American Association of Insurance Services will launch the openIDL to share data between carriers and regulators.

Insurance 33

Insurance Blockchain Data migration Compliance 33

eSecurity Planet

SEPTEMBER 14, 2022

Finance and insurance finished a close second at 22.4%. Finance and insurance companies were particularly vulnerable to the sort of phishing scams we’re talking about. One particularly potent emergent technology for scammers is blockchain and the related cryptocurrency and NFTs. of cyber attacks IBM handled.

Energy and Utilities 121

Energy and Utilities Phishing Blockchain Cybersecurity 121

Information Management Resources

APRIL 3, 2018

Pilot program to use the emerging technology to validate info in provider directories, says Mike Jacobs.

Blockchain 43

Blockchain Insurance 43

Security Affairs

NOVEMBER 14, 2022

Add to that, there is the risk of penalties and fines (which are not insurable in most jurisdictions) not only under privacy and data protection regulations but also on the basis of cybersecurity regulations that are now proliferating. What should directors do if a cyberattack happens to the company? there could be reputational damage.

Insurance 144

Insurance Risk Ransomware Encryption 144

Security Affairs

JANUARY 23, 2024

A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group.

Encryption 144

Encryption Ransomware Blockchain Insurance 144

Information Management Resources

AUGUST 21, 2018

The group now has 30 insurance carrier members working on distributed-ledger tech solutions for the industry.

Insurance 30

Insurance Blockchain Cybersecurity Analytics 30

Information Management Resources

FEBRUARY 26, 2019

A major health insurer and an integrated delivery system are among the latest organizations to join a blockchain collaborative aiming to bring the technology to healthcare.

Blockchain 29

Blockchain Insurance 29

Information Management Resources

OCTOBER 11, 2018

Questions like processes to know the customer, appropriate security, and reliable counterparties must still be answered.

Blockchain 30

Blockchain Insurance Security 30

Information Management Resources

JANUARY 29, 2019

Insurers will work with IBM and other health stakeholders to improve data sharing and payment processing.

Digital transformation 40

Digital transformation Blockchain Insurance 40

eDiscovery Daily

JUNE 6, 2018

When we hear the word blockchain, most of us still think of Bitcoin, that mysterious new currency that seems to equally enthrall forward thinking investors and less-than-savory entrepreneurs who lurk around the darkest parts of the Dark Web. Each time data is changed, a record is shown on the digital ledger, identifying the responsible party.

Blockchain 31

Blockchain Insurance Education Encryption 31

CGI

JULY 31, 2017

Insurers’ top trends and priorities: A look at CGI’s 2017 Voice of Our Clients findings (part 1). This year, we conducted in-person interviews with more than 1,300 client executives across 17 countries, including insurance business and IT executives. harini.kottees…. Mon, 07/31/2017 - 05:30. Change accelerators.

Insurance 40

Insurance Digital transformation Blockchain Retail 40

CGI

DECEMBER 7, 2017

Insurers’ top trends and priorities: A look at CGI’s 2017 Voice of Our Clients findings (part 1). This year, we conducted in-person interviews with more than 1,300 client executives across 17 countries, including insurance business and IT executives. p.butler@cgi.com. Thu, 12/07/2017 - 15:32. Change accelerators.

Insurance 40

Insurance Digital transformation Blockchain Retail 40

CGI

DECEMBER 5, 2017

Insurers’ top trends and priorities: A look at the 2017 CGI Client Global Insights (part 2). In my previous blog , I introduced findings from in-person interviews CGI held in 2017 with more than 1,300 client executives across 17 countries, including insurance business and IT executives. Tue, 12/05/2017 - 17:24.

Insurance 40

Insurance Digital transformation GDPR Artificial Intelligence 40

CGI

DECEMBER 7, 2017

Insurers’ top trends and priorities: A look at the 2017 CGI Client Global Insights (part 2). In my previous blog , I introduced findings from in-person interviews CGI held in 2017 with more than 1,300 client executives across 17 countries, including insurance business and IT executives. Thu, 12/07/2017 - 15:43.

Insurance 40

Insurance Digital transformation GDPR Artificial Intelligence 40

Data Matters

JUNE 12, 2020

electronic payments, check capture and online banking), the OCC lists some of the new technologies, the implementation of which may be hindered by ambiguous, burdensome or inflexible rules, such as blockchain, artificial intelligence, biometrics, cloud computing and big data/analytics. Comments are due by August 3, 2020. 31, 2020).

Artificial Intelligence 68

Artificial Intelligence Blockchain Financial Services Computer and Electronics 68

IT Governance

JUNE 30, 2022

million) Brazilian retailer Fast Shop confirms cyber attack (unknown) ADM Associates announces security incident (unknown) Guardian Fueling Technologies has been hacked (unknown) Pape-Dawson Engineers, Inc. hit by cyber criminals (unknown) Acorda Therapeutics, Inc. Malicious insiders and miscellaneous incidents.

Data breaches 135

Data breaches Ransomware Personal data Blockchain 135

Information Management Resources

JULY 19, 2018

The distributed-ledger technology promises to streamline processes like claim management, pricing transparency and actuarial management.

Blockchain 29

Blockchain Insurance 29

Information Management Resources

JULY 9, 2018

Choices of Corda for distributed-ledger technology and Accenture for security and integration layers gets proofs of concept closer to production.

Blockchain 30

Blockchain Insurance Security Analytics 30

Hunton Privacy

JANUARY 23, 2018

The Retail Year in Review includes several articles authored by our Global Privacy and Cybersecurity lawyers, and touches on many topics of interest including blockchain, ransomware, cyber insurance and the Internet of Things. Read the full publication.

Retail 42

Retail Blockchain Insurance Ransomware 42

IT Governance

JANUARY 9, 2020

Cyber insurance has in some regions encouraged victims to pay as it is cheaper than remediation in some cases. Cyber criminals will continue to use blockchain technology for transactions. Ransomware will continue to increase. However, organisations as a whole will be targeted rather than individual machines.

Security 98

Security IoT Phishing Ransomware 98

Krebs on Security

DECEMBER 29, 2022

Web hosting giant DigitalOcean discloses it was one of the victims, and that the intruders used their access to send password reset emails to a number of DigitalOcean customers involved in cryptocurrency and blockchain technologies. The data is published after Medibank reportedly declines to pay a US$10 million ransom demand.

Passwords 270

Passwords Ransomware Computer and Electronics Access 270

Information Management Resources

JANUARY 8, 2018

Core system vendors like Guidewire, and Majesco have announced new digital capabilities that could significantly change how insurance technology firms compete.

Insurance 33

Insurance Blockchain 33

IT Governance

MARCH 1, 2022

In second largest DeFi hack ever, Blockchain bridge loses $320M ether (unknown) Scammer steals $15K from Excluded Workers Fund (unknown). Financial information. Malicious insiders and miscellaneous incidents.

Data breaches 134

Data breaches Ransomware Government Blockchain 134

Information Management Resources

APRIL 30, 2018

Managing this crucial component of data management will help carriers get better results from their analytics, AI and blockchain initiatives.

Insurance 29

Insurance Blockchain Analytics Unstructured data 29

Information Management Resources

SEPTEMBER 5, 2018

A variety of healthcare provider organizations and health insurers are just beginning to deploy distributed information to solve vexing data issues.

Blockchain 29

Blockchain Insurance 29

Information Management Resources

MARCH 13, 2019

Dogan Kaleli, leader of the program business, finds opportunities to pilot various emerging techs in his role and beyond.

Blockchain 29

Blockchain Insurance Artificial Intelligence 29

OpenText Information Management

JULY 9, 2024

Blockchain for document security Blockchain technology can significantly boost the security and integrity of digital documents: Immutable records: Blockchain creates a tamper-proof ledger, ensuring that once documents are captured and stored, they cannot be altered.

Paper 64

Paper Financial Services Blockchain Compliance 64

Information Management Resources

JUNE 26, 2018

It is relatively inexpensive for insurers to try out the technologies -- and not risk falling behind.

Blockchain 29

Blockchain Insurance Risk IT 29