TAB OnRecord

OCTOBER 26, 2017

Of course you would. The post Project spotlight: Freeing up space at Banner Life Insurance Company appeared first on TAB Records Management Blog | TAB OnRecord. If you could use your space to help generate revenue instead of storing files, would you? Banner… Read More.

Insurance 95

Insurance Records Management 95

Data Matters

FEBRUARY 11, 2019

On December 28, 2018, Michigan adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law in the form of Michigan H.B. The Act defines licensees as persons authorized, registered, or licensed under Michigan insurance laws or required to be so. 6491 (Act). MCL § 500.550.

Insurance 66

Insurance Security Cybersecurity FOIA 66

CGI

SEPTEMBER 12, 2017

Data analytics – how should insurers look to the future? With a plethora of new data sources across the property and casualty (P&C) general insurance lifecycle now becoming available, how do insurers create an all-encompassing data analytics policy for the future? Tue, 09/12/2017 - 03:00. Connected and monitored energy usage.

Insurance 40

Insurance Analytics Risk IoT 40

Hunton Privacy

MARCH 21, 2014

President Obama’s Executive Order 13636 on Improving Critical Infrastructure Cybersecurity identified “insurance liability considerations” as an incentive that might improve security. Over the course of the year since the Executive Order was issued, there has been an increase in the marketing of cyber insurance products.

Insurance 40

Insurance Cybersecurity Marketing Risk 40

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

CGI

SEPTEMBER 5, 2018

UK Honey Bees and Insurance; an existential threat in the wings? There is of course one difference between the hive and the Insurance sector – the ability to respond. There is of course one difference between the hive and the Insurance sector – the ability to respond. Wed, 09/05/2018 - 04:28.

Insurance 40

Insurance Sales Marketing IT 40

CGI

FEBRUARY 28, 2017

Insurers’ digital focus is looking through the wrong ‘lens’. Read any article on digital insurance and it seems to me that it is all about the insurers! harini.kottees…. Tue, 02/28/2017 - 03:52. This again causes consumer dissatisfaction with the industry as a whole and drives unwanted consumer behaviours at the point of claim.

Insurance 40

Insurance Big data IoT Manufacturing 40

CGI

AUGUST 31, 2016

Insurers’ role will be critical in improving cybersecurity standards. And, of course, our world is becoming increasingly digital in nature, with all kinds of services—from finance to health, energy and tax affairs—becoming digitally delivered. Wed, 08/31/2016 - 08:00. Where such data exists, often it is not shared.

Insurance 40

Insurance Cybersecurity Risk Marketing 40

Hunton Privacy

OCTOBER 14, 2014

On October 8, 2014, the Department of Homeland Security reported that over the course of several months, the network of a large critical manufacturing company was compromised. The incident raises some issues for cyber insurance. That the incident occurred over several months suggests that trigger dates for cyber insurance be examined.

Insurance 40

Insurance Cybersecurity Manufacturing Information Security 40

CGI

MARCH 1, 2017

‘The Organist Entertains’ – reaction to the insurance Ogden discount rate cut. When I first saw the word ‘Ogden’ in the Insurance press I was immediately reminded of the long running BBC programme ‘the organist entertains’ hosted by Nigel Ogden. ravi.kumarv@cgi.com. Wed, 03/01/2017 - 05:02. I propose an alternative approach.

Insurance 40

Insurance IT 40

CGI

FEBRUARY 28, 2018

Digital Customer Experience is becoming the deciding battlefield on the insurance landscape. Digital Customer Experience in many ways is becoming the deciding battlefield on the insurance landscape as to who will win through. p.butler@cgi.com. Wed, 02/28/2018 - 10:36. Although respective remits often tend to be company specific.

Customer Experience 40

Customer Experience Insurance Artificial Intelligence Retail 40

Data Matters

SEPTEMBER 20, 2021

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.

Insurance 86

Insurance e-Delivery Paper Cybersecurity 86

eSecurity Planet

OCTOBER 18, 2022

First, call the cyber insurance company that issued the organization’s cybersecurity policy. Most insurance companies require specific incident response vendors, procedures, and reporting that must be met to meet the standards to be insured. Insured companies often will not have options. The First Calls After an Attack.

Ransomware 145

Ransomware Encryption Insurance Access 145

Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

Insurance 101

Insurance Government Cybersecurity Risk 101

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78

Data Protection Report

OCTOBER 17, 2024

On October 16, 2024, the New York Department of Financial Services (“NYDFS” or “DFS”) issued guidance raising awareness about combatting cybersecurity risks arising from artificial intelligence (“AI”) used by DFS licensees, such as insurers and virtual currency businesses. Data Inventories and Data Minimization.

Artificial Intelligence 56

Artificial Intelligence Financial Services Risk Cybersecurity 56

Data Protection Report

OCTOBER 3, 2021

Connecticut’s amended statute follows the course of many other states in deeming as compliant with the statute any person who is subject to and in compliance with the Health Insurance Portability and Accountability Act (“HIPAA”) and the Health Information Technology for Economic and Clinical Health Act (“HITECH”).

Data breaches 142

Data breaches IT Insurance Passwords 142

Krebs on Security

NOVEMBER 19, 2021

Ken Otsuka is a senior risk consultant at CUNA Mutual Group , an insurance company that provides financial services to credit unions. “The fraud losses can escalate quickly due to the sheer number of members that can be targeted on a single day over the course of consecutive days,” Otsuka said.

IT 361

IT Passwords Authentication Phishing 361

Security Affairs

NOVEMBER 14, 2022

During the past few weeks, I had the pleasure of running a presentation on how to deal with the risk of ransomware cyberattacks on corporations for the benefit of members of the “ In the Boardroom ” training course dedicated to professionals who are or aspire to become board members of publicly traded companies.

Insurance 143

Insurance Risk Ransomware Encryption 143

Security Affairs

JANUARY 14, 2019

Zurich American Insurance Company is refusing to refund its client because consider the attack as “an act of war” that is not covered by its policy. The overall damages that insurance firms would probably have to cover reach over $80bn. SecurityAffairs – Mondelez, cyber insurance). Pierluigi Paganini.

Insurance 109

Insurance Ransomware Sales Government 109

Schneier on Security

NOVEMBER 13, 2020

If you want your insurance company to have access to your fitness data, you grant it through your pod. This is a significant step forward to realizing Tim’s vision : The technologies we’re releasing today are a component of a much-needed course correction for the web. It’s yours.

IoT 130

IoT Insurance Access Government 130

KnowBe4

APRIL 25, 2023

link] [Head Scratcher] More Companies With Cyber Insurance Are Hit by Ransomware Than Those Without? In an interesting twist, new data hints that organizations with cyber insurance may be relying on it too much, instead of shoring up security to ensure attacks never succeed. Date/Time: Wednesday, May 3, @ 2:00 PM (ET) Save My Spot!

Insurance 75

Insurance Security awareness Phishing Ransomware 75

IT Governance

JUNE 1, 2023

We offer a variety of resources to help understand and mitigate threats, from training courses and consultancy services to free guides. MCNA Insurance MCNA Insurance, also known as MCNA Dental, was caught up in a cyber hacking incident last week, in which 112 covered entities were affected.

Data breaches 116

Data breaches Insurance Personal data Ransomware 116

eSecurity Planet

APRIL 29, 2024

For example, the Health Insurance Portability and Accountability Act (HIPAA) regulates personal health information and imposes fines for data breach or data inaccessibility. Stakeholders should brainstorm how to manage risk through controls, process changes, insurance, or business decisions such as “stop taking credit cards for payment.”

Risk 67

Risk Compliance Communications Insurance 67

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 66

Insurance Blockchain Big data Risk 66

eSecurity Planet

SEPTEMBER 21, 2024

Health Insurance Portability & Accountability Act (HIPAA) The Health Insurance Portability and Accountability Act (HIPAA) sets standards for protecting sensitive health information, particularly electronic health records (EHRs).

Cybersecurity 120

Cybersecurity Computer and Electronics Compliance Privacy 120

KnowBe4

MAY 16, 2023

[link] Munich Re: '3X Growth Estimated in Cyber Crime Costs Over the Next 4 Years' As cyber attacks continue to grow in sophistication and frequency, cyber insurers are expecting their market to double in the next two years. I've also talked quite a bit about cyber insurance and the recent trends. billion by 2027. "3x

Phishing 85

Phishing Insurance Passwords Ransomware 85

Information Management Resources

FEBRUARY 28, 2018

Several top colleges and universities are offering courses and concentrations in applying data to the sector.

Analytics 29

Analytics Insurance Unstructured data Data science 29

Security Affairs

AUGUST 20, 2020

The services involved the release of information which is provided in the ordinary course of business or which is publicly available.” Our investigations also show that the suspect had intended to use the data to create marketing leads to offer insurance and credit-related services.”

Data breaches 140

Data breaches Insurance Marketing Risk 140

AIIM

APRIL 12, 2022

The classic example is the insurer that won’t pay for care that a doctor determines a patient needs. Insurers are about profit; doctors are about delivering the best care. With collaborative videoconferencing: Low-income patients without insurance can use the Emergency Room less often. Telemedicine. Predictive Analytics.

Computer and Electronics 104

Computer and Electronics Insurance Marketing Paper 104

Data Protection Report

APRIL 2, 2020

In a judgment which will be warmly welcomed by employers (and their insurers) in the UK, the UK Supreme Court today overruled the Court of Appeal in holding that that Morrisons supermarkets is not vicariously liable for a data breach maliciously caused by a former employee.

Data breaches 59

Data breaches Insurance Risk Marketing 59

Data Protection Report

APRIL 1, 2020

In a judgment which will be warmly welcomed by employers (and their insurers) in the UK, the UK Supreme Court today overruled the Court of Appeal in holding that that Morrisons supermarkets is not vicariously liable for a data breach maliciously caused by a former employee.

Data breaches 59

Data breaches Insurance Risk Marketing 59

Security Affairs

JANUARY 20, 2023

The company is sending out breach notification letters to the impacted customers, threat actors had access to names, addresses, Social Security Numbers, individual tax identification numbers, dates of birth for PayPal users, and of course transaction histories. ” said Gal.

Data breaches 98

Data breaches Passwords Insurance Access 98

Thales Cloud Protection & Licensing

APRIL 11, 2023

Retail companies, insurance companies, restaurants, and banks, to name a few, and even public sector organizations serving consumers or citizens were forced to adapt. What about doing KYC (Know Your Customer) for a new bank or insurance customer without requiring them to come to a branch office, and that too, at scale?

B2C 87

B2C B2B Retail Insurance 87

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 88

Phishing Security awareness Insurance Cybersecurity 88

The Last Watchdog

JUNE 2, 2022

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. Related: A call to share risk assessments.

Security 266

Security Risk Digital transformation Insurance 266

Data Protection Report

JANUARY 5, 2021

The term “notification incident” would mean that a banking organization believes in good faith a computer security incident” could materially disrupt, degrade, or impair—.

Insurance 141

Insurance Paper Encryption Security 141