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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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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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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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Connecticut Tightens its Data Breach Notification Laws

Data Protection Report

biometric information consisting of data generated by electronic measurements of an individual’s unique physical characteristics used to authenticate or ascertain the individual’s identity, such as a fingerprint, voice print, retina or iris image. 1] [link]. [2] 2] C.R.S. §

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Behavioral Analytics in Cybersecurity: Does It Work as Advertised?

eSecurity Planet

UEBA has been growing for some time, and a 2022 Market Data Forecast report predicts its global market size to grow from $890.7 million in 2019 to $1.1 billion by 2025. There are a number of different ways to perform this sort of investigation. On average, malicious incidents cost companies $3.86

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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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Are Fake COVID Testing Sites Harvesting Data?

Schneier on Security

Speculation centered around data harvesting, but that didn’t make sense because it was far too labor intensive for that and — sorry to break it to you — your data isn’t worth all that much. The companies will keep making money for the rapid tests they collect, he said.

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