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Vermont Enacts Insurance Data Security Law

Hunton Privacy

515 , making Vermont the twenty-first state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). Information Security Program Requirements. On May 27, 2022, Vermont Governor Phil Scott signed H.515

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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

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Is Artificial Intelligence relevant to insurance?

IBM Big Data Hub

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.

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CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity

IT Governance

But as a reminder, here are some key facts about the CrowdStrike incident: CrowdStrike is a publicly listed security company, which provides security software to – among many other large organisations – Microsoft. The outage was caused by a bad security update rolled out by CrowdStrike. Then there’s insurance.

Insurance 104
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What is Confidential Computing? Definition, Benefits, & Uses

eSecurity Planet

Confidential computing is a technology and technique that encrypts and stores an organization’s most sensitive data in a secure portion of a computer’s processor — known as the Trusted Execution Environment (TEE) — while it’s processed and in use. How Does Confidential Computing Work?

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What Is Integrated Risk Management? Definition & Implementation

eSecurity Planet

In our examples, the clothing brand secures a segregated design team with physical locks on the doors, extra computer security to prevent digital theft, and a backup solution for their marketing data. These include new opportunities, clear priorities, and better security, performance, and resilience.

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What is IT Asset Management (ITAM)? Definition, Benefits & Types

eSecurity Planet

The goal of ITAM is to ensure that an organization’s IT assets are being used effectively, efficiently and securely while minimizing costs and reducing the risk of data breaches and other security incidents. See the Top IT Asset Management (ITAM) Tools for Security Why is ITAM Important? See the Best Network Monitoring Tools 6.

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