eSecurity Planet

MAY 4, 2023

Asset insurance: Insuring critical assets against loss or damage can give you added protection against financial risks. Definition, Benefits & Types appeared first on eSecurityPlanet.

IT 105

IT Compliance Cloud Cybersecurity 105

eSecurity Planet

DECEMBER 7, 2023

For example, The Health Insurance Portability and Accountability Act (HIPAA) requires security features such as encryption to protect patients’ health information. Definition, How it Works, & Examples appeared first on eSecurity Planet. You can unsubscribe at any time. Subscribe The post What Is Encryption?

Encryption 115

Encryption IT Passwords IoT 115

eSecurity Planet

MAY 26, 2023

This approach to analytics is especially helpful in industries like insurance and healthcare where analyzing and interpreting broad patterns can inform insurance rates and diagnostics, respectively. Definition, Benefits, & Uses appeared first on eSecurityPlanet.

Encryption 98

Encryption Cloud IoT Blockchain 98

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 112

Insurance Risk Encryption Manufacturing 112

IBM Big Data Hub

MAY 1, 2023

In this first of two posts, I investigate the anatomy of artificial intelligence and its impact on insurance. Continued advancement in AI development has resulted today in a definition of AI which has several categories and characteristics. It offers customers and the insurer’s system to interact in a human-like manner.

Artificial Intelligence 75

Artificial Intelligence Insurance Risk Personal data 75

Data Matters

JANUARY 14, 2019

On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”. O.R.C. §§ 3965.01, 3965.04.

Insurance 68

Insurance Security Cybersecurity Data breaches 68

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 68

Insurance Security Cybersecurity FOIA 68

Data Protection Report

FEBRUARY 2, 2024

On January 17, 2024 the New York Department of Financial Services (“NYDFS”) published a Proposed Insurance Circular Letter (“Proposed Circular”) regarding the use of artificial intelligence systems (“AIS”) and external consumer data and information sources (“ECDIS”) in insurance underwriting and pricing. Actual Actuarial Validity.

Insurance 78

Insurance Artificial Intelligence Risk Compliance 78

Security Affairs

MAY 14, 2023

Exposed data include names, dates of birth, National Insurance numbers, and USS member numbers. “While Capita cannot currently confirm if this data was definitively “exfiltrated” (i.e., “While Capita cannot currently confirm if this data was definitively “exfiltrated” (i.e., ” We are in the final! .

Access 246

Access Insurance Security Ransomware 246

CGI

APRIL 25, 2018

Time for a new definition of the "composite" insurer? Composite insurer table. In the UK we rightly take pride in the fact that our ‘local’ propositions have played a significant role in the global development of what we now commonly call ‘Insurance’, but is that all about to change? . p.butler@cgi.com.

Insurance 40

Insurance Retail Marketing IT 40

Data Protection Report

OCTOBER 3, 2021

The amendment: Expands the definition of “personal information”; Shortens the notification deadline after discovery of a breach from 90 to 60 days; Removes the requirement to consult with law enforcement as part of a risk assessment; Deems compliant any person subject to and in compliance with HIPAA and HITECH; and.

Data breaches 142

Data breaches IT Insurance Passwords 142

Hunton Privacy

JUNE 9, 2015

179 (the “Bill”), which expands the definition of “personal information” in the state’s data security law. a medical identification or health insurance identification number; and. a medical identification or health insurance identification number; and. On May 13, 2015, Nevada Governor Brian Sandoval (R-NV) signed into law A.B.

Insurance 49

Insurance Passwords Access Security 49

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 68

Risk Compliance Communications Insurance 68

Data Protection Report

JANUARY 5, 2021

Most importantly, note that this definition is NOT limited to personal information. Among those questions are: Should the definition of “computer security incident” include only occurrences that result in actual harm or actual violation of security policies, security procedures or acceptable use policies?

Insurance 141

Insurance Paper Encryption Security 141

eSecurity Planet

OCTOBER 5, 2021

Cyber Insurance companies used to simply provide lists of potential vendors approved by the insurer, but with the rising costs of breaches, insurers need to control costs. For this scenario, the definition of team may be quite broad.

Ransomware 139

Ransomware Insurance Cleanup Cybersecurity 139

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 88

Insurance e-Delivery Paper Cybersecurity 88

Krebs on Security

JULY 27, 2020

She shared with me a copy of the lease, which included a fraudulent ID and even a vehicle insurance card for a Land Cruiser we got rid of like 15 years ago. “It’s still not good by any means, but it’s definitely better for consumers than it is for businesses. ” PHANTOM OFFICES. . ” RECYCLING VICTIMS. .

Energy and Utilities 363

Energy and Utilities Computer and Electronics Insurance Risk 363

The Last Watchdog

APRIL 3, 2019

Its customer base is comprised of eight of the top 15 banks, four of the top six healthcare insurance and managed care providers, nine of the top 15 property and casualty insurance providers, five of the top 13 pharmaceutical companies, and 11 of the largest 15 federal agencies. Users re-defined. Most often, a user is a human being.

Digital transformation 140

Digital transformation Insurance Compliance Healthcare 140

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

The Last Watchdog

MAY 10, 2021

Back in the mid-1990s, big banks and insurance companies came up with something called “bespoke assessments” as the approach for assessing third party vendor risk. I came away from my discussion with Kneip encouraged that the answer is definitely, yes. This took the form of programmatic audits.

Risk 195

Risk Insurance Access Security 195

Thales Cloud Protection & Licensing

FEBRUARY 3, 2025

The Health Insurance Portability and Accountability Act (HIPAA) is a US federal law that created the national standards when it was first published to protect sensitive patient health information (PHI) from being disclosed without the patients consent or knowledge. 60% of healthcare respondents have five or more key management systems in use.

Encryption 62

Encryption Compliance Insurance Authentication 62

IT Governance

FEBRUARY 15, 2022

Cyber insurance will become more popular and more comprehensive. It’s led to a growing trend for organisations to purchase cyber insurance, which Forbes contributor Emil Sayegh believes will continue in 2022. This market squeeze will certainly affect the cyber insurance industry itself. “We

Security 142

Security Insurance Authentication Passwords 142

Thales Cloud Protection & Licensing

FEBRUARY 25, 2025

Yet, despite the growing importance of managing external identities, the industry lacks a unified definition of B2B IAM. Each use case demands different capabilities, making a universal definition even harder. Think about your local insurance broker or a small medical practice. Source: S&P Global Market Intelligence (2024).

B2B 71

B2B Access Privacy Risk 71

Troy Hunt

NOVEMBER 14, 2023

Some more data points before going further: The files is named "ACUITY_MASTER_18062020.csv"

Insurance 132

Insurance Data breaches Mining IT 132

Krebs on Security

AUGUST 27, 2020

But he added that Ngo’s service if it existed today probably would be even more successful and lucrative given the sheer number of scammers involved in using stolen identity data to defraud states and the federal government out of pandemic assistance loans and unemployment insurance benefits. He was definitely the new coin of the realm.”

Retail 349

Retail Government Access Insurance 349

Data Protection Report

JULY 28, 2021

The defendant was a life insurance company and the claimant their insured. With regards to the scope of the data subject access right, the FCJ refers to the legal definition of personal data in Article 4(1) GDPR. In particular, the court held the following: No requirement of “essential biographical information”.

Access 128

Access GDPR Personal data Insurance 128

Krebs on Security

JUNE 30, 2021

In a report released in 2019 (PDF), Agari profiled a group it dubbed “ Scattered Canary ” that is operating principally out of West Africa and dabbles in a dizzying array of schemes, including BEC and romance scams, FEMA and SBA loans, unemployment insurance fraud, counterfeit checks and of course money laundering. Image: Agari.

Insurance 311

Insurance IT Education Government 311

Hunton Privacy

JUNE 22, 2020

The amendments to Vermont’s Security Breach Notice Act include expanding the definition of Personally Identifiable Information (“PII”), expanding the definition of a breach to include login credentials and narrowing the permissible circumstances under which substitute notice may be used.

Data breaches 107

Data breaches Privacy Education Data Privacy 107

Hunton Privacy

OCTOBER 14, 2021

Additional bills, amending the California Confidentiality of Medical Information Act (“CMIA”) and the California Insurance Code, also were also signed into law. The bill uses the same definition of “genetic data” as provided for in AB-825. Medical Data: CMIA and Californian Insurance Code Amendment Bill.

Privacy 98

Privacy Insurance Security Data breaches 98

erwin

FEBRUARY 7, 2019

The banking, financial services and insurance industry typically deals with higher data velocity and tighter regulations than most. Metadata-Driven Automation in the Insurance Industry. Insurance is another industry that has to cope with high data velocity and stringent data regulations.

Metadata 96

Metadata Healthcare Insurance Financial Services 96

Thales Cloud Protection & Licensing

JANUARY 22, 2025

The Health Insurance Portability and Accountability Act (HIPAA), enacted in 1996, established national standards to safeguard sensitive patient health information (PHI) and prevent unauthorized disclosures. New measures proposed by HHS Multi-Factor Authentication (MFA) : Clear definitions to enhance security when accessing sensitive systems.

Cybersecurity 62

Cybersecurity Data breaches Encryption Compliance 62

Hunton Privacy

NOVEMBER 23, 2021

On November 18, 2021, the Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency issued a new rule regarding cyber incident reporting obligations for U.S. banks and service providers.

Insurance 85

Insurance Compliance Security IT 85

Schneier on Security

MARCH 26, 2020

Ambiguous definitions of the buyer's obligations and excluded events create uncertainty over what is covered. Moving toward standardized terms and conditions may help consumers, as has been pursued in cyber insurance, but this is in tension with innovation and product diversity. [.].

Marketing 84

Marketing Insurance Risk IT 84

Hunton Privacy

AUGUST 2, 2021

In passing the law, Connecticut joins a number of other states in expanding the definition of “personal information” in its data breach notification statute. requiring “preliminary substitute notice” to individuals if a business cannot provide direct notification within the 60-day notification timeframe. Cybersecurity Safe Harbor (HB 6607).

Cybersecurity 87

Cybersecurity Insurance Military Data Privacy 87

IT Governance

APRIL 3, 2019

US food giant Mondelez is suing insurance company Zurich American for denying a $100 million (£76 million) claim filed after the NotPetya attack. In that regard, it was a job well done, with one report estimating that insurers could expect to pay out more than $80 billion (£61 billion) as a result of the attack.

Insurance 45

Insurance Ransomware Government Paper 45

Hunton Privacy

MAY 9, 2019

The new requirements include the following: Expanded Definition of Personal Information. HB 1071 expands the definition of “personal information.” As reported by Bloomberg Law , on May 7, 2019, Washington State Governor Jay Inslee signed a bill ( HB 1071 ) amending Washington’s data breach notification law.

Data breaches 68

Data breaches Passwords Insurance Military 68

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. Other notable revisions include the following: The definition of “Reciprocal Jurisdiction” was broadened to include U.S. This post summarizes the highlights from this meeting.

Insurance 68

Insurance Blockchain Big data Risk 68