OpenText Information Management

APRIL 22, 2019

Research has consistently shown that senior management within the insurance sector think digital transformation is critical to their business. Digital … The post Achieving digital transformation in the insurance industry appeared first on OpenText Blogs.

Digital transformation 93

Digital transformation Insurance Financial Services Customer Experience 93

Krebs on Security

MAY 31, 2019

On May 29, The New York Times reported that the inquiry by New York’s Department of Financial Services is likely to be followed by other investigations from regulators and law enforcement. First American says it has hired a third-party security firm to investigate, and that it shut down external access to the records. ”

Financial Services 256

Financial Services Insurance Sales Authentication 256

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

Krebs on Security

JUNE 18, 2021

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance 332

Insurance Risk Financial Services Mining 332

Data Breach Today

SEPTEMBER 5, 2024

New EU Rules Focus on Operational Resilience, Breach Reporting and Third-Party Risk The Digital Operational Resilience Act aims to reshape the financial services industry by introducing strict cybersecurity standards. Financial institutions must comply with the new rules by Jan.

Cybersecurity 189

Cybersecurity Financial Services Insurance Risk 189

OpenText Information Management

MAY 1, 2019

To compete and succeed in today’s fast-changing business climate, banks, insurance companies and other financial services institutions (FSIs) need to have three priorities to contend with new technologies, new market entrants and new ways of working that are changing expectations for the industry.

Financial Services 69

Financial Services Digital transformation Insurance Marketing 69

Data Matters

FEBRUARY 25, 2022

Sidley and OneTrust DataGuidance are pleased to announce that registration is now open for their annual Data Protection in Financial Services (DPFS) Week. Join us from February 28 – March 3 for DPFS Week 2022 , a series of webinars looking at the impacts of data privacy across the financial sector.

Financial Services 103

Financial Services Privacy Data Privacy Cybersecurity 103

AIIM

FEBRUARY 22, 2018

Nowhere is this truer than in the financial services sector. In a recent AIIM survey, 85% of finance and insurance executives said that digital preservation was “important” or “very important” to their organizations – even higher than the 77% reported in other industries.

Digital preservation 120

Digital preservation Insurance Financial Services Digital transformation 120

OpenText Information Management

JANUARY 6, 2020

For 2020, we’re going to see financial services companies accentuate and accelerate the priorities of recent years. Financial Services and Insurance organizations will continue … The post Information Advantage for Financial Services in 2020 appeared first on OpenText Blogs.

Financial Services 83

Financial Services Insurance 83

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. 2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. Rigorously Measure Insured Risk. The Framework.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

IBM Big Data Hub

JUNE 26, 2018

In this Q&A, IBM financial services solution architect Irina Saburova discusses an insurance use case with IBM Data Science Marketing Lead Rosie Pongracz.

Data science 73

Data science Insurance Financial Services Marketing 73

OpenText Information Management

AUGUST 26, 2024

Fast, easy, personalized, and engaging experiences are the name of the game in financial services. It’s not just competitors you’re up against but also experience leaders in other industries. Alerts Trust is paramount to creating deeper relationships in banking, insurance and wealth management.

Financial Services 69

Financial Services Marketing Insurance Communications 69

OpenText Information Management

OCTOBER 5, 2020

In January, I wrote a predictions blog that said the priorities of the financial services industry would not change greatly over the next 12 months!

Financial Services 83

Financial Services Insurance 83

Security Affairs

APRIL 8, 2020

“Consider contacting CIFAS (the UK’s Fraud Prevention Service) to apply for protective registration. Once you’ve registered, you should be aware that CIFAS members will do extra checks to see when anyone, including you, applies for a financial service, such as a loan, using your address.”

Ransomware 333

Ransomware Data breaches Encryption Financial Services 333

Security Affairs

JUNE 29, 2024

IMS specializes in providing business process outsourcing (BPO) and information technology (IT) services specifically tailored for the insurance and financial services industries. In this notice, Infosys McCamish explains that customers of Oceanview Life & Annuity Company were among those affected.

Data breaches 270

Data breaches e-Discovery Ransomware Insurance 270

OpenText Information Management

NOVEMBER 22, 2023

All of these elements have put pressure on the financial … The post Predictions for the financial services industry in 2024 appeared first on OpenText Blogs.

Financial Services 59

Financial Services Artificial Intelligence Customer Experience Content services 59

Data Breach Today

JANUARY 25, 2023

Former Bugcrowd, Cylance, Optiv, RSA Leader Focused on Expanding in Europe and Asia Privileged access management vendor Delinea has hired longtime RSA sales leader David Castignola to expand beyond North America as well as in nonregulated industries.

Financial Services 130

Financial Services Sales Insurance Access 130

Security Affairs

AUGUST 16, 2023

Starting from May 2023, researchers from Cofense discovered a large-scale phishing campaign using QR codes in attacks aimed at stealing the Microsoft credentials of users from multiple industries One of the organizations targeted by hackers is a notable energy company in the US. ” reads Cofense’s report.

Phishing 246

Phishing Energy and Utilities Insurance Manufacturing 246

KnowBe4

OCTOBER 5, 2023

Menlo Security warns that a social engineering campaign is using the EvilProxy phishing kit to target senior executives across a range of industries, including banking and financial services, insurance, property management and real estate, and manufacturing.

Phishing 119

Phishing Financial Services Insurance Manufacturing 119

Thales Cloud Protection & Licensing

JANUARY 16, 2025

However, as important as PCI may be, United States financial services organizations operate in one of the worlds most stringent and complex compliance landscapes. Understanding the US FinServ Compliance Landscape The US financial services industry is subject to a vast number of laws and regulations.

Compliance 62

Compliance Financial Services Encryption Insurance 62

OpenText Information Management

JANUARY 10, 2019

The New Year is upon us, and with it come new challenges and opportunities for the Financial Services industry.

Financial Services 63

Financial Services Marketing IT Insurance 63

IBM Big Data Hub

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

Insurance 96

Insurance Digital transformation Customer Experience Cloud 96

Security Affairs

APRIL 20, 2023

If malicious actors accessed the exposed data, the company could have faced devastating consequences and put their clients at risk, as financial services are the main target for cybercriminals. ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals.

Personal data 246

Personal data Phishing Risk Communications 246

IBM Big Data Hub

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. One example of this is in insurance.

Financial Services 48

Financial Services Customer Experience Cloud Digital transformation 48

Hunton Privacy

JANUARY 24, 2018

On January 22, 2018, the New York Department of Financial Services (“NYDFS”) issued a press release reminding entities covered by its cybersecurity regulation that the first certification of compliance with the regulation is due on or prior to February 15, 2018.

Financial Services 58

Financial Services Cybersecurity Compliance Insurance 58

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

Data Matters

AUGUST 19, 2020

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.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

Collibra

MARCH 26, 2025

These customer-led virtual meetups are designed to bring together data professionals with similar interests, industries and use cases. Each user group serves as a platform for knowledge-sharing, where adoption and solution experts share insights, answer industry-specific questions and help each other tackle real-world data challenges.

Financial Services 52

Financial Services Insurance Education Government 52

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.

Insurance 78

Insurance Artificial Intelligence Risk Compliance 78

IBM Big Data Hub

SEPTEMBER 14, 2023

As enterprises modernize and migrate workloads to IBM Cloud, they often run into requirements that certain components of their application workloads to run on other cloud service provider networks. These requirements create a technical challenge for enterprises—especially in regulated industries (e.g.,

Cloud 70

Cloud Financial Services Insurance Compliance 70

The Last Watchdog

SEPTEMBER 24, 2024

Credit monitoring services provide ongoing tracking of credit reports for suspicious activity, and some even offer insurance for identity theft-related losses. As breaches become more frequent, credit protection services become a more attractive option for those seeking peace of mind and financial security.

Authentication 216

Authentication IT ROT Compliance 216

OpenText Information Management

FEBRUARY 12, 2019

We recently wrote a blog on how AI in Financial Services can improve customer experience. It came as a bit of a surprise as … The post AI in Financial Services is growing, but there’s a way to go appeared first on OpenText Blogs. It’s funny how the world works. Let me explain.

Financial Services 55

Financial Services Customer Experience Digital transformation IT 55

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

Insurance 70

Insurance Cybersecurity Risk Education 70

erwin

FEBRUARY 7, 2019

By implementing metadata-driven automation, organizations across industry can unleash the talents of their highly skilled, well paid data pros to focus on finding the goods: actionable insights that will fuel the business. Metadata-Driven Automation in the BFSI Industry. Metadata-Driven Automation in the Pharmaceutical Industry.

Metadata 96

Metadata Healthcare Insurance Financial Services 96

The Last Watchdog

MAY 24, 2021

billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. billion web app attacks last year, with more than 736 million targeting financial services. billion web attacks globally; 736 million in the financial services sector. A: Everything.

Financial Services 178

Financial Services Passwords Data breaches Authentication 178

John Battelle's Searchblog

JANUARY 26, 2015

Ever since writing Living Systems and The Information First Company last Fall, I’ve been citing Earnest , the financial services startup, as a poster child for what I mean by an “information-first” company. But I figured the company was up to more than just a cheaper insurance product. Simple, no?

Insurance 102

Insurance Data science Customer Experience Financial Services 102

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. Compliance matters.

Digital transformation 140

Digital transformation Insurance Compliance Healthcare 140