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How to make sure your cyber insurance policy pays out

IT Governance

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures. Perform staff awareness training.

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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

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SHARED INTEL Q&A: My thoughts and opinions about cyber threats — as discussed with OneRep

The Last Watchdog

Here is Erin’s Q&A column, which originally went live on OneRep’s well-done blog.) For the first expert interview on our blog, we welcomed Pulitzer-winning investigative reporter Byron V. Regular training and simulations can help reduce risks associated with human errors.

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Securing AI Deployments: Striking the Balance

OpenText Information Management

Examples include names, mailing addresses, phone numbers, social insurance numbers, and credit card details. When implementing GenAI and training language models (LLMs), businesses face the challenge of accidentally including PII in the training data. Training Data Stores Protection: Safeguard access to training data stores.

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Data protection strategy: Key components and best practices

IBM Big Data Hub

Government regulations, such as the General Data Protection Regulation (GDPR), and industry regulations, such as the Health Insurance Portability and Accounting Act (HIPAA), oblige companies to protect their customers’ personal data. Encryption is critical to data security.

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How to manage the growing costs of cyber security

IT Governance

The costs of anti-virus software, staff awareness training, Cloud services and countless other resources stack up – and even then, you need to find skilled personnel to lead your security strategy, which is easier said than done. You’ll have access to a wide range of tools, training and support that can be deployed to kick-start your journey.

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Top 5 Cyber Security Risks for Businesses

IT Governance

In this blog, we look at the top five cyber security risks that businesses face, and explain how you can prevent them. It’s a type of malware that encrypts files, preventing the victim from accessing their systems. The risks we’ve listed in this blog are only the starting point for cyber criminals. Poor patch management.

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