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Over-Retention of Personal Data

Data Protection Report

The declining cost of electronic data storage may have caused some company executives to conclude that retaining personal data forever is “cheap.” 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.

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India: New Digital Personal Data Protection Act, Start Planning Now.

DLA Piper Privacy Matters

On 11 August 2023, India’s long-awaited law governing data protection – the Digital Personal Data Protection Act, 2023 ( DPDP Act ) – received the President’s assent and was published in the official gazette the following day. data subjects, using the GDPR terminology) located within India.

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Change Healthcare Breach Hits 100M Americans

Krebs on Security

A few days after BlackCat imploded, the same stolen healthcare data was offered for sale by a competing ransomware affiliate group called RansomHub. “Affected insurance providers can contact us to prevent leaking of their own data and [remove it] from the sale,” RansomHub’s victim shaming blog announced on April 16.

Insurance 266
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Australian government announced sanctions for Medibank hacker

Security Affairs

The Australian government announced sanctions for a member of the REvil ransomware group for the Medibank hack that occurred in 2022. The Australian government announced sanctions for Aleksandr Gennadievich Ermakov (aka GustaveDore, aiiis_ermak, blade_runner, JimJones), a Russian national who is a member of the REvil ransomware group.

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How Much Cyber Liability Insurance Do You Need?

IT Governance

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? How much cyber insurance do I need?

Insurance 117
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$10,000,000 civil penalty for disclosing personal data without consent

Data Protection Report

The claims related to the company’s sharing personal data without consumer consent and making it very difficult for consumers to cancel their subscriptions to this telehealth service. The complaint alleged that the company’s data handling practices also resulted in unauthorized disclosures of personal information.

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The risks and limitations of AI in insurance

IBM Big Data Hub

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. Usage risk—inaccuracy The performance of an AI system heavily depends on the data from which it learns.