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Insurance and Ransomware

Schneier on Security

Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. Although it is a societal problem, cyber insurers have received considerable criticism for facilitating ransom payments to cybercriminals.

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Streamlining Data Collection for Investigations and eDiscovery

OpenText Information Management

Additionally, the risks associated with protecting that data have never been higher, due to strengthened data privacy laws worldwide and increasing cyberattacks on businesses everywhere.

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Texas Sues GM for Collecting Driving Data without Consent

Schneier on Security

The suit said those two companies then sold these scores to insurance companies. Insurance companies can use data to see how many times people exceeded a speed limit or obeyed other traffic laws. Some insurance firms ask customers if they want to voluntarily opt-in to such programs, promising lower rates for safer drivers.

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A guide to the GDPR for insurance companies

IT Governance

A report published by research and consultancy company Celent highlights the challenges that the GDPR presents to insurers. Insurers are data controllers: a person, public authority, agency or body that determines the purpose of processing personal data. Steps insurers should take to become GDPR compliant.

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China Insurance Regulatory Agency Promulgates New Rule Protecting Personal Data of Life Insurance Customers

Hunton Privacy

On November 4, 2013, the China Insurance Regulatory Commission, which is the Chinese regulatory and administrative authority for the insurance sector, issued the Interim Measures for the Management of the Authenticity of Information of Life Insurance Customers (the “Measures”).

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What is progressive profiling and how can it benefit your business?

Thales Cloud Protection & Licensing

madhav Tue, 07/04/2023 - 05:10 As the data trust gap between customers and businesses continue to grow, and as third-party cookies become redundant, there is an urgency to adopt a modernized approach to customer data collection. Progressive profiling introduces a fresher and far more proactive take on data collection.

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California Governor Signs into Law Bills Updating the CPRA and Bills Addressing the Privacy and Security of Genetic and Medical Data, Among Others

Hunton Privacy

During the week of October 4, 2021, California Governor Gavin Newsom signed into law bills amending the California Privacy Rights Act of 2020 (“CPRA”), California’s data breach notification law and California’s data security law. The bill uses the same definition of “genetic data” as provided for in AB-825.

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