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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

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Infosys McCamish Systems data breach impacted over 6 million people

Security Affairs

IMS specializes in providing business process outsourcing (BPO) and information technology (IT) services specifically tailored for the insurance and financial services industries. McCamish has engaged a third-party e- discovery vendor in assessing the extent and nature of such data.

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Keeping Up with New Data Protection Regulations

erwin

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS).

GDPR 100
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State of the Global Intelligent Document Processing Market 2023/2024

Info Source

We also forecast an ongoing strong demand for IDP solutions to automate Accounting processes while e-invoicing mandates expand, broadening into P2P and OTC automation. One of the major impacts on the input mix is the adoption of B2B e-invoicing. Both segments experienced double digit growth YOY. grade schools).

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Best Digital Forensics Tools & Software for 2021

eSecurity Planet

Founded in 1991 in Waterloo, Ontario, OpenText offers enterprise content management, networking, automation, discovery, security, and analytics services. For solutions, Exterro offers products across e-discovery, privacy, risk management, and digital forensics.

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Infosource Global Capture & IDP Vertical Market Analysis 2022-2023 Update

Info Source

These solutions are designed to acquire, classify, validate, and convert business inputs into valuable data for use in business transactions, analytics, records management, discovery, and compliance applications. The major Capture & IDP use cases in the Insurance sector also relate to Case Management.

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The most valuable AI use cases for business

IBM Big Data Hub

Robots help reduce the need for manual labor and improve defect discovery, providing higher quality vehicles to customers at a lower cost to the business. Insurance With AI, the insurance industry can virtually eliminate the need for manual rate calculations or payments and can simplify processing claims and appraisals.