Data Matters

SEPTEMBER 20, 2021

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. This post summarizes the highlights from this meeting in addition to interim meetings that were held during July in lieu of taking place during the Summer Meeting.

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Insurance e-Delivery Paper Cybersecurity 86

IT Governance

AUGUST 25, 2022

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

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Insurance IT Government Risk 102

Data Matters

SEPTEMBER 3, 2020

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. As a result of the COVID-19 pandemic, the NAIC held the Summer Meeting in a virtual format, with conference calls taking place over a three-week period.

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Insurance Paper Artificial Intelligence Big data 66

AIIM

OCTOBER 15, 2018

In a recent AIIM webinar, Craig Le Clair, Forrester VP and Principle Analyst, and Florian Vondal, Allianz Solution Architect, took a closer look at the “esign of the times” and what must be considered when attempting to accelerate e-signature adoption enterprise-wide and meet global compliance. Millennials or Generation X).

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Compliance Insurance Digital transformation Authentication 112

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. This post summarizes the highlights from this meeting. reinsurer that is not licensed in the state of domicile of a U.S.

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Insurance Blockchain Big data Risk 66

Data Matters

DECEMBER 20, 2019

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. The Fall Meeting was highlighted by the following activities. Under the 2019 revisions to the CFR Model Laws, a “reciprocal jurisdiction” includes (a) a non-U.S.

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Insurance Risk Artificial Intelligence Privacy 60

Data Matters

DECEMBER 20, 2019

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. The Fall Meeting was highlighted by the following activities. Under the 2019 revisions to the CFR Model Laws, a “reciprocal jurisdiction” includes (a) a non-U.S.

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Insurance Risk Artificial Intelligence Privacy 60

Data Matters

SEPTEMBER 4, 2019

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The Summer Meeting was highlighted by the following activities. Under Regulation Best Interest (Regulation BI), as adopted by the U.S.

Insurance 66

Insurance Paper Risk Analytics 66

IT Governance

FEBRUARY 22, 2022

Information security management is a way of protecting an organisation’s sensitive data from threats and vulnerabilities. The process is typically embedded via an ISMS (information security management system) , which provides the framework for managing information security. Why is information security management important?

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Information Security Security Data breaches Risk 137

eSecurity Planet

SEPTEMBER 16, 2024

A cloud security policy is a comprehensive document that describes the organization’s guidelines for protecting cloud services. It specifies how data should be secured, who can access it, and the procedures for monitoring permissions. It establishes rules for cloud data security , access management, and threat response.

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Data Matters

DECEMBER 11, 2018

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. This post summarizes the highlights from this meeting. NAIC Continues its Evaluation of Insurers’ Use of Big Data.

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Insurance Paper Risk Big data 66

Security Affairs

MAY 27, 2024

Cloud Security Challenges However, adopting cloud computing significantly expanded the attack surface for businesses, effectively dissolving the traditional network perimeter. This shift introduced new vulnerabilities, and conventional security measures designed to protect a well-defined, centralized perimeter were no longer enough.

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eSecurity Planet

APRIL 26, 2024

Network security architecture is a strategy that provides formal processes to design robust and secure networks. Effective implementation improves data throughput, system reliability, and overall security for any organization. Network Elements Networks connect physical and virtual assets and control the data flow between them.

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Security Cloud Cybersecurity Access 120

IT Governance

JUNE 15, 2022

In an increasingly digital world, there are an escalating number of cyber security risks for business to address. IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average. Poor patch management. Weak passwords.

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Risk Security Passwords Phishing 143

eSecurity Planet

MARCH 18, 2022

Many security professionals think that if they have done the hard work of securing their organization, that should be enough. Even though drafting IT security policies can be a pain, formal policies provide a valuable resource to protect both the IT team and their organization. Written security policies.

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Krebs on Security

JANUARY 19, 2022

is perhaps better known as the online identity verification service that many states now use to help staunch the loss of billions of dollars in unemployment insurance and pandemic assistance stolen each year by identity thieves. I went with and would encourage others to use the strongest MFA option — a physical Security Key.

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IT Governance

MAY 30, 2018

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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Insurance GDPR Compliance Data collection 41

Thales Cloud Protection & Licensing

MARCH 22, 2023

5 Ways CIAM Ensures a Seamless and Secure Customer Experience divya Thu, 03/23/2023 - 05:27 In today's digital-first world, providing customers with trustworthy, hassle-free interactions is critical to business success. Let’s consider the following example.

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Customer Experience Security Authentication Privacy 71

CGI

JANUARY 10, 2018

Envisioning new and hidden realities with data and augmented reality—a digital “twin city” example. Also growing at the same time is the need to store, secure, access and analyze this data. For example, a supermarket that makes home grocery deliveries has empty vehicles returning from those deliveries. Wed, 01/10/2018 - 15:25.

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Mining Big data Access Insurance 78

eSecurity Planet

OCTOBER 18, 2022

First, call the cyber insurance company that issued the organization’s cybersecurity policy. Most insurance companies require specific incident response vendors, procedures, and reporting that must be met to meet the standards to be insured. Insured companies often will not have options. Eliminate attacker access.

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Ransomware Encryption Insurance Access 145

OpenText Information Management

MAY 10, 2024

If it’s not accurate, accessible, and secure, organizations won’t get the desired results. Since AI relies on data to learn and improve, organizations must ensure their data is accurate, accessible, and secure. Examples include names, mailing addresses, phone numbers, social insurance numbers, and credit card details.

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Security Artificial Intelligence Privacy Compliance 59

HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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Insurance Cybersecurity Data breaches Financial Services 40

Security Affairs

NOVEMBER 14, 2022

As the risk of a cyberattack grows, it is pivotal to consider whether the directors of a company hit by a ransomware attack, for example, can bear any liability for negligence in failing to take steps to limit the risk. Are the directors of a company hit by a cyberattack liable for negligence in failing to take steps to limit the risk.

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Insurance Risk Ransomware Encryption 127

Krebs on Security

JUNE 15, 2023

The directive comes amid a surge in attacks targeting previously unknown vulnerabilities in widely used security and networking appliances. Barracuda was alerted to the exploitation of a zero-day in its products in mid-May, and two days later the company pushed a security update to address the flaw in all affected devices.

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Risk Ransomware Cybersecurity Access 223

Data Protection Report

JANUARY 5, 2021

Those service providers would be required to notify “at least two individuals at affected banking organization customers immediately after the bank service provider experiences a computer-security incident that it believes in good faith could disrupt, degrade, or impair services provided for four or more hours.”.

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Insurance Paper Encryption Security 141

Thales Cloud Protection & Licensing

JUNE 15, 2023

A Guide to Key Management as a Service madhav Thu, 06/15/2023 - 11:29 As companies adopt a cloud-first strategy and high-profile breaches hit the headlines, securing sensitive data has become a paramount business concern. The most effective way to ensure data security is through encryption and proper key management.

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Encryption Compliance Cloud Authentication 133

Thales Cloud Protection & Licensing

NOVEMBER 15, 2023

These bustling hubs require robust security systems to ensure the safety of passengers, staff, and infrastructure. Traditionally, airport security focused on physical access and the perimeter; however, in the years since 9/11, the digital footprint of the vast interconnected systems contains valuable assets that must be protected.

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eSecurity Planet

NOVEMBER 18, 2021

Endpoint security software is designed to detect, avert, and eradicate malware on endpoint devices like desktop computers, laptops, network servers, and mobile phones. Endpoint security solutions are available in three forms—personal, small and mid-sized business (SMB), and enterprise use. Bitdefender Premium Security.

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Security Analytics Passwords Risk 120

Hunton Privacy

JUNE 13, 2023

On June 6, 2023, the Federal Deposit Insurance Corporation (“FDIC”), the Board of Governors of the Federal Reserve System (“FRB”) and the Office of the Comptroller of the Currency (“OCC”) issued their final Interagency Guidance on Third-Party Relationships (“Guidance”).

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Risk Insurance Compliance Information Security 64

The Last Watchdog

SEPTEMBER 7, 2018

Related: HBO hack spurs cyber insurance market. And over the years they’ve also financed security breakthroughs – at the source-code level. These security breakthroughs have not received much mainstream attention. But Hollywood has shelled out multi millions to support the advance of source-code security.

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IoT Security Digital transformation Cloud 133

IT Governance

JULY 6, 2020

Beaming’s Five Years in Cyber Security found that 1.5 Many of those organisations have correctly identified malware as a top priority, with 45% saying they’ve taken extra security precautions to tackle the threat, compared to 26% in 2015. million organisations fell victim to cyber crime in 2019.

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Information Security Phishing IoT Insurance 138

IT Governance

FEBRUARY 21, 2024

Finding the right solution for you, with help from our cyber security advisor Ashley is an experienced cyber security advisor for IT Governance, who has carried out hundreds of Cyber Essentials Plus assessments. On top of that, certification can qualify you for reduced insurance premiums. Terms and conditions apply.]

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Government Insurance Phishing Security 52

Armstrong Archives

AUGUST 25, 2023

The Health Insurance Portability and Accountability Act (HIPAA) ensures individuals’ health data protection and privacy. This includes insurance companies, nurses, and doctors. Healthcare organizations can face steep penalties and serious damage to their reputation if they don’t meet the HIPAA’s requirements.

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Data Matters

MAY 6, 2022

Digital health companies should take note of new data privacy and security developments under the Health Insurance Portability and Accountability Act (HIPAA) that can affect product planning and customer negotiations. The examples go on and on. RFI Regarding Recognized Security Practices.

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Risk Cybersecurity Insurance Authentication 86

IT Governance

MAY 28, 2020

Scanning your networks and software for security vulnerabilities is essential for keeping your organisation secure, but it’s not a perfect solution. Conducting regular vulnerability scans will help you determine the overall effectiveness of your security measures. Meet data protection requirements. Advantages.

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Insurance Information Security Data breaches GDPR 95

eSecurity Planet

DECEMBER 9, 2021

We make IT, security, or any business decision by weighing the risks and the rewards. Or as is often the case with security, what costs can we skip and still escape big penalties later? For example, we might nominate: The IT security manager to handle a ransomware incident; Our external accountant to investigate financial fraud; or.

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Insurance Ransomware Data breaches Cloud 125

Thales Cloud Protection & Licensing

DECEMBER 6, 2018

For most enterprise IT security professionals, there are some common reasons that we need to protect a given data set. For the most part, they fall into a few easy categories: Meeting a compliance or regulatory requirement. Data Security Protection Layers, Risks, and Controls. Implementing best practices.

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