OpenText Information Management

FEBRUARY 4, 2025

As I step into my second week as Chief Product Officer, Im thrilled to see the incredible innovation driving Cloud Editions 25.1. The latest Cloud Editions (CE) 25.1, OpenText continues to lead through the seamless integration of cloud, security, and AI technologies. 2025 marks a turning point in shaping the future of business.

Cloud 59

Cloud IoT Digital transformation Metadata 59

Security Affairs

NOVEMBER 2, 2023

Cloud identity and access management solutions provider Okta warns nearly 5,000 employees that their personal information was exposed due to a data breach suffered by the third-party vendor Rightway Healthcare. ” Exposed data include name, Social Security Number, and health or medical insurance plan number.

Data breaches 353

Data breaches Insurance Access Authentication 353

Krebs on Security

MARCH 2, 2021

based PrismHR handles everything from payroll processing and human resources to health insurance and tax forms for hundreds of “professional employer organizations” (PEOs) that serve more than two million employees. Cloran said while there are other cloud-based companies that work with multiple PEOs, PrismHR is by far the largest.

Ransomware 337

Ransomware Insurance Cloud Encryption 337

Security Affairs

JANUARY 21, 2020

The company immediately launched an investigation that revealed that a third-party ecommerce platform, Salesforce Commerce Cloud, was infected with an e-skimmer. pic.twitter.com/ervMIdaNEi — Stryke the Orc (@stryke_the_orc) January 18, 2020. The malware was completely removed on November 11, 2019.

Data breaches 344

Data breaches Retail Cloud Insurance 344

Thales Cloud Protection & Licensing

NOVEMBER 9, 2021

Evolution of Cloud Security: From Shared Responsibility to Shared Fate. Over the past year and a half, we have witnessed seismic changes with the accelerated adoption of the cloud and the shift to hybrid working. What is important to understand is that cloud transformation is no longer just another buzzword.

Cloud 123

Cloud Security Encryption Insurance 123

Security Affairs

JUNE 18, 2024

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. In fact, the cost to victims from ransomware attacks is estimated to reach $265 billion (USD) annually by 2031.

Ransomware 353

Ransomware Insurance Cybersecurity B2B 353

IBM Big Data Hub

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

Insurance 96

Insurance Digital transformation Customer Experience Cloud 96

Security Affairs

APRIL 30, 2019

Attackers only compromised the email system, they did not access to the parish database that is stored in a secure cloud-based system. The parish submitted an insurance claim in the attempt of recovering the stolen money. ” Stec added. “They have determined the breach was limited to only two email accounts.”

Insurance 262

Insurance Phishing Passwords Cloud 262

IBM Big Data Hub

MARCH 28, 2024

As cloud computing continues to transform the enterprise workplace, private cloud infrastructure is evolving in lockstep, helping organizations in industries like healthcare, government and finance customize control over their data to meet compliance, privacy, security and other business needs. What is a private cloud?

Cloud 97

Cloud Energy and Utilities Compliance Privacy 97

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. The necessity for cyber-insurance coverage. With cyber attacks amounting to a question of when and not if, cyber insurance becomes crucial for ensuring business continuity and mitigating the business impact of attacks – should they occur. Tue, 05/10/2022 - 05:43.

Insurance 77

Insurance Authentication Risk Ransomware 77

IBM Big Data Hub

JUNE 23, 2023

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.

Insurance 56

Insurance Cloud Digital transformation Customer Experience 56

IT Governance

JULY 30, 2024

According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. Then there’s insurance. The post CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity appeared first on IT Governance UK Blog.

Insurance 104

Insurance Risk Encryption Manufacturing 104

Threatpost

NOVEMBER 30, 2021

The insurer won’t pay for 'acts of cyber-war' or nation-state retaliation attacks. .

Insurance 96

Insurance Cloud Government Security 96

Data Breach Today

MARCH 17, 2023

Also: Blackbaud Fined; DOJ Reproaches Federal Contractor for Lax Security In the latest weekly update, ISMG editors discuss how the Silicon Valley Bank crash will affect innovation in the cybersecurity space, why the SEC fined cloud provider Blackbaud $3 million for its "erroneous" breach details, and why the feds fined a web hosting firm in a kids' (..)

Cybersecurity 147

Cybersecurity Insurance Cloud Security 147

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. Mobius is a modular, API-led platform that supports complete content lifecycle management in private, public or hybrid cloud as well as on-premises environments.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

AIIM

APRIL 14, 2022

Cloud-based systems and applications are popular across organizations in all industries today and are largely regarded as a powerful platform for process innovation and improved organizational performance. According to the IDG 2021 Cloud Computing Survey , the majority (55%) of organizations are now using more than one public cloud.

Cloud 104

Cloud Metadata Financial Services Insurance 104

Collibra

APRIL 9, 2021

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. Drivers for cloud adoption.

Insurance 59

Insurance Cloud Data science Analytics 59

OpenText Information Management

NOVEMBER 12, 2024

Insurance customers expect more: instantly, seamlessly, and exactly the way they want it. The stakes are high, as insurance customers typically only interact with their carriers once or twice a year—a stark contrast to the frequent interactions seen in banking. It’s a reality that goes straight to the bottom line. Salesforce.

Communications 52

Communications Insurance Archiving Marketing 52

Krebs on Security

APRIL 27, 2023

Salesforce Community is a widely-used cloud-based software product that makes it easy for organizations to quickly create websites. The data exposures all stem from a misconfiguration in Salesforce Community that allows an unauthenticated user to access records that should only be available after logging in. Washington, D.C. ”

Access 341

Access Information Security Authentication Communications 341

Dark Reading

SEPTEMBER 25, 2023

While cloud-based email offers more security than on-premises, insurance firms say it matters whether you use Microsoft 365 or Google Workspace.

Cloud 81

Cloud Insurance IT Security 81

erwin

MAY 2, 2022

As you undertake a cloud database migration , a best practice is to perform data modeling as the foundation for well-designed OLTP databases. This blog outlines a solid foundation for data modeling of online transaction processing (OLTP) systems as they move to the cloud. Figure 1: Amazon Cloud cost calculator.

Cloud 98

Cloud Insurance Metadata IT 98

Security Affairs

AUGUST 19, 2019

The experts also discovered a large number of insurance certificates that expose various personally identifiable information (PII), such as names, phone numbers, postal and email addresses. The public availability of such kind of information could expose the owners to identity theft and other scams. ” concludes the company.

Military 260

Military Insurance Education Phishing 260

Thales Cloud Protection & Licensing

JANUARY 16, 2025

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.

Compliance 62

Compliance Financial Services Encryption Insurance 62

Hunton Privacy

FEBRUARY 25, 2021

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.

Insurance 70

Insurance Cybersecurity Risk Education 70

DXC Technology

MARCH 15, 2019

Multi-clouds — environments made up of multiple public and private clouds typically used for different purposes — may well be the cloud of choice for banks. That’s according to an independent report by 451 Research, ‘Multi-Cloud Fundamental to Financial Services Transformation.’

Financial Services 91

Financial Services Cloud Insurance Marketing 91

IBM Big Data Hub

MAY 8, 2023

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.

Insurance 68

Insurance Risk Artificial Intelligence Government 68

IT Governance

JULY 15, 2019

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. Document an incident response plan.

Insurance 75

Insurance Data breaches Risk Information Security 75

Thales Cloud Protection & Licensing

MAY 26, 2023

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.

Insurance 71

Insurance Digital transformation Security Authentication 71

Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. I recently spoke with Neira Jones and Danna Bethlehem about how cybersecurity insurance can work to help an organization. regulations.

Insurance 71

Insurance Cybersecurity Ransomware Cleanup 71

Security Affairs

OCTOBER 13, 2022

POLONIUM APT focused only on Israeli targets, it launched attacks against more than a dozen organizations in various industries, including engineering, information technology, law, communications, branding and marketing, media, insurance, and social services. ” concludes the report. ” .

Communications 256

Communications Cloud Insurance Ransomware 256

Thales Cloud Protection & Licensing

MARCH 5, 2023

In the fragmented insurance landscape, let’s unify customer experience divya Mon, 03/06/2023 - 06:13 You may think of an insurance company as a singularly-focused entity, offering protection for one product. However, the insurance business reaches across a disparate range of consumer products. To add to the challenge, a.s.r.

Customer Experience 71

Customer Experience Insurance B2C B2B 71

Rocket Software

JUNE 16, 2022

In today’s digital world, the ability to reduce the risk of fraud is key for any industry, but especially so for health insurance providers and healthcare organizations. The post Mainframe automation and AI to detect risk of fraud in healthcare insurance: 4 key considerations appeared first on The Rocket Software Blog.

Insurance 84

Insurance Risk Digital transformation Marketing 84

Data Breach Today

JULY 11, 2018

Carlos Pero of Zurich Insurance on Protecting the 'Castle' As a result of cloud computing and the internet of things, the approaches to security for websites must change, says Carlos Pero of Zurich Insurance.

Insurance 100

Insurance Security Cloud 100

Schneier on Security

SEPTEMBER 26, 2022

Depending on the website you visit, the form data may itself include PII­—including but not limited to Social Security Numbers (SSNs)/Social Insurance Numbers (SINs), name, address, email, date of birth (DOB), contact information, bank and payment information, and so on.

Passwords 122

Passwords Insurance Cloud Security 122

IBM Big Data Hub

SEPTEMBER 14, 2023

Figure 1: IBM Cloud connected to other clouds and enterprise networks. As enterprises modernize and migrate workloads to IBM Cloud, they often run into requirements that certain components of their application workloads to run on other cloud service provider networks. insurance, banking, healthcare, etc.)—to

Cloud 70

Cloud Financial Services Insurance Compliance 70

DXC Technology

JULY 18, 2021

Many insurance companies are suffering from the negative effects of historically low interest rates in a low-growth business environment. A recent Computer Economics report shows the urgency for insurers […]. A recent Computer Economics report shows the urgency for insurers […].

Insurance 59

Insurance Cloud IT 59

Thales Cloud Protection & Licensing

FEBRUARY 3, 2025

According to the Thales Data Threat Report, Healthcare and Life Sciences Edition , in 2023, among healthcare and life sciences respondents, human error (76%) is the leading reported cause of cloud data breaches, well ahead of a lack of MFA, the second highest, at 11%. Examples include IT contractors or cloud storage vendors.

Encryption 62

Encryption Compliance Insurance Authentication 62