IT Governance

AUGUST 23, 2022

Cyber liability insurance helps organisations cover the financial costs of a data breach. Without insurance, organisations spend £3.6 By purchasing cyber liability insurance, organisations gain the resources they need at a fraction of the cost. What does cyber insurance include? First-party vs third-party insurance.

Insurance 122

Insurance Data breaches e-Delivery Risk 122

Security Affairs

JUNE 14, 2024

In January 2025, European financial and insurance institutions, their business partners and providers, must comply with DORA. In January 2025, financial and insurance institutions in Europe and any organizations that do business with them must comply with the Digital Operation Resilience Act, also known as DORA. Can this be done?

Compliance 311

Compliance Insurance Risk Cloud 311

Security Affairs

FEBRUARY 26, 2021

Inova is an actuarial consultancy company, which means they compile statistical analysis and calculate insurance risks and premiums. Document sent to the insurance company by the victim’s lawyer. Inova has been operating since 2012 and has handled thousands of cases since then. Sketch of the accident from the police report.

Data breaches 308

Data breaches Insurance Paper Access 308

Data Protection Report

MARCH 21, 2023

2] In this context, the Directorate General of the French Treasury has put forward a plan of action with a view to clarifying the cyber-insurance legal framework, better gauging cyber-risks, and enhancing companies’ awareness as regards cyber-risks. 12-10-1 into the French Insurance code. However, in the end, Article L.12-10-1

Insurance 105

Insurance Data breaches Personal data GDPR 105

AIIM

MARCH 26, 2018

You might also be interested in: Three Critical Steps for GDPR Compliance. GDPR and Cross Border Data Flows between the EU and the US: Current State of the Law. What Do the GDPR and new Privacy Laws Mean for U.S. What Do the GDPR and new Privacy Laws Mean for U.S. GDPR Compliance Starts with Data Discovery.

GDPR 125

GDPR Data Privacy Privacy Compliance 125

AIIM

JULY 24, 2018

You might also be interested in: The Re-Permissioning Dilemma Under GDPR. Data Privacy and Open Data: Secondary Uses under GDPR. Three Critical Steps for GDPR Compliance. GDPR and Cross Border Data Flows between the EU and the US: Current State of the Law. What Do the GDPR and new Privacy Laws Mean for U.S.

GDPR 114

GDPR Compliance Privacy Data Privacy 114

The Last Watchdog

DECEMBER 18, 2024

Srivatsav Ravi Srivatsav , CEO, DataKrypto Non-compliance with regulations, such as the European Unions General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), risks severe penalties. And industries like healthcare face persistent targeting due to their outdated systems and high-value data.

Compliance 130

Compliance Cybersecurity Risk Privacy 130

Security Affairs

FEBRUARY 8, 2024

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Regulatory Compliance Challenges: Compliance with data protection regulations, such as GDPR and CPRA , remains a challenge for organizations, with non-compliance penalties averaging $5.5 million, up 15% in three years. The US topped the list at $5.09

Security 355

Security Phishing IoT Ransomware 355

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.

Insurance 105

Insurance IT Government Risk 105

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. You don’t want that type of breach, because it damages your brand – you could be fined under the GDPR, for example [ General Data Protection Regulation ].

Insurance 112

Insurance Risk Encryption Manufacturing 112

Security Affairs

NOVEMBER 26, 2018

This is based on the General Data Protection Regulation (GDPR), which applies to any organization that handles the data of European Union citizens. Under the GDPR, an organization that experiences a personal data breach must notify the appropriate authorities within 72 hours of discovering it. In the U.S.,

Data breaches 278

Data breaches Personal data GDPR Cybersecurity 278

The Last Watchdog

APRIL 30, 2019

The CSF’s core principles have been incorporated into Europe’s GDPR , NYDFS’s cybersecurity requirement s, California’s Consumer Privacy Act and Ohio’s Data Protection Act. That could be for insurance purposes. “As As with any insurance, cyber insurance really requires due care.” Wrenn said. “So The stakes are high.

Cybersecurity 173

Cybersecurity Insurance Security Privacy 173

The Last Watchdog

NOVEMBER 12, 2024

We have the benefit of learning from GDPR in Europe as well as other flavors of privacy laws in Canada, Utah, Virginia and other jurisdictions. Other companies may continue to rely on hiding the ball, scapegoating and relying on insurance to cover the losses. This could dovetail with a national information privacy law.

Cybersecurity 263

Cybersecurity Risk Government Compliance 263

DLA Piper Privacy Matters

NOVEMBER 26, 2018

The Belgian DPA has released a first status update six months after the GDPR became applicable. According to the Belgian DPA, the spectacular increase in the number of notified breaches can be explained by the mandatory notification that was expanded in the GDPR. Unlike in Portugal and Austria, no GDPR fines have been issued.

GDPR 83

GDPR Data breaches Financial Services Insurance 83

DLA Piper Privacy Matters

MAY 17, 2018

DLA Piper and Aon have launched a guide ‘ The price of data security ‘, ahead of the General Data Protection Regulation (GDPR), effective from 25 May 2018. The guide reviews the insurability of GDPR fines across Europe, which can reach up to €20 million or, if higher, up to 4% of a group’s annual global turnover.

Insurance 45

Insurance GDPR Data breaches Personal data 45

Dark Reading

FEBRUARY 20, 2019

Companies covered under the EU mandate can get policies for up to $10 million for fines, penalties, and other costs.

Insurance 77

Insurance GDPR 77

Hunton Privacy

NOVEMBER 26, 2018

On November 23, 2018, the Belgian Data Protection Authority (the “Belgian DPA”) published a review of its activities since the EU General Data Protection Regulation (“GDPR”) became applicable on May 25, 2018 (the “Review”). In the Review, the Belgian DPA makes the following observations: The GDPR in Numbers.

GDPR 72

GDPR Data breaches Financial Services Insurance 72

Data Protection Report

SEPTEMBER 23, 2021

The matter involved one of France’s largest insurers, SGAM AG2R LA MONDIALE, which was subject to an inspection by the French data protection authority (the CNIL), in 2019. The CNIL’s inspection included the insurer’s compliance with Section 5-1(e) of GDPR , which reads: Personal data shall be. (e) Perhaps the CNIL’s €1.75

Personal data 111

Personal data Insurance GDPR Record destruction 111

Security Affairs

MAY 27, 2024

Ensuring compliance with industry regulations and standards in a cloud environment can be complex.

Cloud 332

Cloud Security Compliance B2B 332

Data Matters

AUGUST 23, 2018

On 21 August 2018, the Dutch Supervisor Authority announced that it had conducted an investigation into the designation of a Data Protection Officer (DPO) under the General Data Protection Regulation (GDPR) by 91 hospitals and 33 healthcare insurers in the Netherlands.

GDPR 60

GDPR Compliance Insurance Privacy 60

eSecurity Planet

AUGUST 9, 2022

And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. GDPR-style data privacy laws came to the U.S.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

Data Protection Report

JULY 28, 2021

The FCJ held that Article 15 of the EU General Data Protection Regulation (GDPR) has a broader scope than previously understood in Germany. The defendant was a life insurance company and the claimant their insured. The defendant was a life insurance company and the claimant their insured.

Access 128

Access GDPR Personal data Insurance 128

The Last Watchdog

OCTOBER 29, 2018

the Health Insurance Portability and Accountability Act (HIPAA)), the answer is generally that a company should implement a “reasonable data privacy and security program” under all circumstances. Insurability. In the absence of a law that contains prescriptive requirements (e.g.,

Security 164

Security Data Privacy Privacy Data breaches 164

IT Governance

JANUARY 30, 2019

With a mammoth GDPR fine handed out to Google last week, it’s time for organisations to reassess their understanding of the Regulation. We’re through the eye of the GDPR (General Data Protection Regulation) storm. The GDPR concerns personal data that is: Collected in an enterprise context; and. Some began to lose faith.

GDPR 83

GDPR Compliance Personal data Data breaches 83

erwin

APRIL 18, 2019

California Consumer Privacy Act (CCPA) compliance shares many of the same requirements in the European Unions’ General Data Protection Regulation (GDPR). Luckily, many organizations have already laid the regulatory groundwork for it because of their efforts to comply with GDPR. CCPA Compliance Requirements vs. GDPR FAQ.

GDPR 81

GDPR Compliance Privacy Personal data 81

Thales Cloud Protection & Licensing

MAY 26, 2023

CIAM in insurance: A unified, secure user experience with a single login madhav Fri, 05/26/2023 - 07:33 In recent years, the insurance industry has transformed from a singularly focused entity to a multi-brand or multi-service type of business. Adding value to the user experience (a top priority for 59% of insurers) 2.

Insurance 71

Insurance Digital transformation Security Authentication 71

IT Governance

JANUARY 19, 2018

In the wake of the Meltdown and Spectre flaws revealed on 3 January 2018, the Information Commissioner’s Office (ICO) has warned that existing vulnerabilities could lead to punishment when the EU General Data Protection Regulation (GDPR) is enforced. The Cyber Essentials scheme will also help organisations comply with the GDPR and other laws.

GDPR 68

GDPR Risk Insurance Government 68

Hunton Privacy

DECEMBER 1, 2020

million on Carrefour France and a fine of €800,000 on Carrefour Banque for various violations of the EU General Data Protection Regulation (“GDPR”) and Article 82 of the French Data Protection Act governing the use of cookies. The group has diversified its activities into the banking and insurance, travel agency and e-commerce sectors.

GDPR 91

GDPR Personal data Data collection Marketing 91

IT Governance

FEBRUARY 23, 2018

There is an alarming lack of awareness across all industries about the EU General Data Protection Regulation (GDPR) , according to a government survey. As you would expect, larger organisations were more likely to be aware of the GDPR. Preparing for the GDPR. The survey split respondents into businesses and charities.

GDPR 54

GDPR Compliance Insurance Personal data 54

IT Governance

FEBRUARY 5, 2018

Increased interest in cyber insurance. With more than 800 million records being leaked in 2017 ( find out more in our Breaches and Hacks Blog Archive ), it’s not surprising that cyber insurance business has increased in recent months. Insurers assess an organisation’s cyber risk to set premium levels.

Insurance 63

Insurance Risk Government GDPR 63

Reltio

AUGUST 16, 2018

On May 25, 2018 GDPR (General Data Protection Regulation) went into effect. The primary objectives of the GDPR are to give control back to their EU citizens and residents over their personal data, to simplify the regulatory environment for international business, and to unify regulations within the European Union.

GDPR 70

GDPR MDM Compliance Personal data 70

IT Governance

FEBRUARY 8, 2018

The Cyber Security Breaches Survey 2018 from the Department for Digital, Culture, Media and Sport (DCMS) has revealed that only 38% of businesses and 44% of charities have heard of the General Data Protection Regulation (GDPR). Are your staff aware of the GDPR? Key findings. Don’t let your staff be your downfall.

GDPR 54

GDPR Government Education Compliance 54

erwin

APRIL 11, 2019

Keeping up with new data protection regulations can be difficult, and the latest – the General Data Protection Regulation (GDPR) – isn’t the only new data protection regulation organizations should be aware of. Less than four months before GDPR came into effect, only 6 percent of enterprises claimed they were prepared for it.

GDPR 100

GDPR Compliance e-Discovery Metadata 100

Data Matters

JUNE 29, 2018

According to the bill’s author, it was consciously designed to emulate the new European General Data Protection Regulation (GDPR) that went into effect on May 25, and if and when it goes into effect, it would constitute the broadest privacy law in the United States. law, consumers and the marketplace have been comfortable with to date.

GDPR 79

GDPR Privacy Sales Data breaches 79

Hunton Privacy

MAY 4, 2020

Companies that collect, for their own purposes, all the personal data from a given geographic area in online directories and then use the data to send their own direct marketing communications ( e.g. , an insurance company to sell insurance products). Respecting the individual’s right to object as provided for in the GDPR.

Marketing 108

Marketing GDPR Communications Personal data 108

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

Hunton Privacy

JANUARY 18, 2019

Article 28 of the EU General Data Protection Regulation (the “GDPR”) requires data controllers enter into data processing agreements with data processors. Since the GDPR came into force on May 25, 2018, the Dutch DPA regularly verifies whether organizations comply with its legal requirements. View the press release (in Dutch).

Personal data 86

Personal data GDPR Insurance IT 86