KnowBe4

MAY 22, 2023

Food for thought as discussed on May 18, 2023, an article posted in The Australian Insurance Council: Banning paying a ransom to cyber hackers is counter-productive where Andrew Hall, the Chief Executive of the Insurance Council of Australia (ICA), stated that “attempts to ban businesses from paying ransoms for cyber attacks risks eroding trust and (..)

Insurance 98

Insurance Risk Government Security awareness 98

AIIM

NOVEMBER 23, 2021

Back in 2017, I called up a few of the information governance friends I’d made through the AIIM Community to better understand the challenges they were up against. Four years later, we're finally seeing this shift in governance mindsets in nearly every AIIM member organization we speak with. Hurdles to Information Governance Success.

Information governance 118

Information governance Government Customer Experience Archiving 118

IBM Big Data Hub

MAY 8, 2023

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.

Insurance 68

Insurance Risk Artificial Intelligence Government 68

IT Governance

JULY 15, 2019

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures. Perform staff awareness training.

Insurance 81

Insurance Data breaches Risk Information Security 81

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. Actual Actuarial Validity.

Insurance 78

Insurance Artificial Intelligence Risk Compliance 78

The Last Watchdog

MARCH 20, 2023

Exploitation drivers From the case of Hegestratos committing insurance fraud by sinking a ship in 300 B.C., Digital Forensics experts are trained to follow digital footprints and track down IP addresses, cell phone numbers, email addresses, social media accounts and even specific devices used in these crimes.

Cybersecurity 214

Cybersecurity Education Insurance Data breaches 214

Collibra

JUNE 23, 2023

Government agencies — from DC to Duluth, NYC to LA — are struggling. As more of our interactions and transactions occur online, the need for robust data protection measures becomes increasingly critical to safeguard personal data and maintain public trust in government institutions. There’s no going back.

Privacy 109

Privacy Government Data Privacy Data breaches 109

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

Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.

Insurance 78

Insurance Financial Services Cybersecurity Risk 78

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

The Last Watchdog

OCTOBER 5, 2023

Regular training and simulations can help reduce risks associated with human errors. Regular training and simulations can help reduce risks associated with human errors. What is the role of cybersecurity awareness training for a company’s employees? Regular awareness training for employees is indispensable.

Cybersecurity 203

Cybersecurity Privacy Cloud IoT 203

The Last Watchdog

AUGUST 12, 2019

In the last year, the news media has been full of stories about vicious cyber breaches on municipal governments. From Atlanta to Baltimore to school districts in Louisiana, cyber criminals have launched a wave of ransomware attacks on governments across the country.

Cybersecurity 147

Cybersecurity Risk Insurance Government 147

IT Governance

DECEMBER 14, 2021

Organisations such as IT Governance that offer cyber security as a service assign dedicated experts to oversee the organisation’s data protection and data privacy needs. Services typically come with a dedicated team of experts, tools, training and support that can be deployed immediately, protecting you from a range of threats.

Security 131

Security Insurance Data breaches Information Security 131

Hunton Privacy

JULY 1, 2022

Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation. In addition to the monetary penalty of $5 million, NYDFS also accepted Carnival’s surrender of its insurance producer license; thus, Carnival has ceased selling insurance in New York.

Cybersecurity 115

Cybersecurity Insurance Phishing Ransomware 115

IBM Big Data Hub

OCTOBER 12, 2023

Connecting AI models to a myriad of data sources across cloud and on-premises environments AI models rely on vast amounts of data for training. Once trained and deployed, models also need reliable access to historical and real-time data to generate content, make recommendations, detect errors, send proactive alerts, etc.

Government 76

Government Analytics Metadata Compliance 76

Thales Cloud Protection & Licensing

OCTOBER 24, 2024

The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses.

Cybersecurity 62

Cybersecurity Financial Services Encryption Compliance 62

eSecurity Planet

SEPTEMBER 21, 2024

The landscape of cybersecurity laws and regulations today is set to undergo significant changes, impacting businesses, government entities, and individuals alike. HIPAA mandates that healthcare providers, insurers, and business associates implement robust security measures to safeguard patient data.

Cybersecurity 121

Cybersecurity Computer and Electronics Compliance Privacy 121

IT Governance

SEPTEMBER 15, 2021

A UK government report published last year found that 48% of organisations lacked the expertise to complete routine cyber security practices. The alternative is to build an internal security team and encourage employees in security-adjacent roles, such as IT, to take cyber security training courses. What is Cyber Security as a Service?

Security 122

Security Insurance Education Government 122

IT Governance

OCTOBER 4, 2021

Train your staff. Training your staff to understand this threat, and know what to look out for and what to do if they fall victim is essential. Staff awareness training to reduce the threats that staff can pose both working remotely and in the office. Cyber insurance cover of up to £500,000 for additional peace of mind.

Ransomware 133

Ransomware Insurance Access Security 133

eSecurity Planet

AUGUST 9, 2022

See the Top Governance, Risk and Compliance (GRC) Tools. are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA).

Data Privacy 145

Data Privacy Compliance Privacy Security 145

IT Governance

APRIL 11, 2019

In a report published last month , the FCA urged organisations to tackle staff awareness training at all levels, and to ensure the lessons are simple and appropriate to the environment that employees work in. Organisations need to make staff awareness training a board-level priority. Staff awareness training is a crucial part of this.

Retail 58

Retail Risk Education Financial Services 58

IT Governance

JUNE 9, 2022

The UK government scheme outlines five controls that cover the core data protection components. Key aspects of this aren’t addressed in Cyber Essentials, such as staff awareness training, vulnerability scanning and incident response. That’s where IT Governance’s new service, Cyber Safeguard , can help.

Security 119

Security Insurance Information Security Data breaches 119

Getting Information Done

APRIL 18, 2017

Cybersecurity professionals need to understand the information risks their organization faces and how to leverage information governance, along with technology, to get the biggest bang for their buck. As a result, companies are turning to cyber insurance. Will this be the cyber insurance equivalent to Fitbit?

Government 53

Government Cybersecurity Insurance Information governance 53

KnowBe4

MAY 16, 2023

The Snake peer-to-peer botnet had infected computers of some NATO member governments. link] Munich Re: '3X Growth Estimated in Cyber Crime Costs Over the Next 4 Years' As cyber attacks continue to grow in sophistication and frequency, cyber insurers are expecting their market to double in the next two years. billion by 2027. "3x

Phishing 105

Phishing Insurance Passwords Ransomware 105

IBM Big Data Hub

FEBRUARY 8, 2024

For industries providing essential services to clients such as insurance, banking and retail, the law requires the use of a fundamental rights impact assessment that details how the use of AI will affect the rights of customers. Dec 19, 2023 The European AI Act is currently the most comprehensive legal framework for AI regulations.

Government 72

Government Artificial Intelligence Risk Compliance 72

KnowBe4

MARCH 28, 2023

Security awareness training still has a place to play here." New-school security awareness training with simulated phishing tests enables your employees to recognize increasingly sophisticated phishing attacks and builds a strong security culture. Get a look at THREE NEW FEATURES and see how easy it is to train and phish your users.

Phishing 105

Phishing Security awareness Insurance Cybersecurity 105

IT Governance

JUNE 15, 2022

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. Cyber Essentials is a UK government scheme that outlines five key controls, including patch management, that can prevent up to 80% of cyber attacks.

Risk 144

Risk Security Passwords Phishing 144

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Also read : Top Governance, Risk, and Compliance (GRC) Tools for 2022. Once data is mapped, organizations make better decisions on how that data is governed and reduce their risk footprint.

Risk 145

Risk Cybersecurity Encryption Access 145

Collibra

DECEMBER 16, 2020

As a result, data governance in healthcare is non-negotiable. Data governance is about managing data and processes so data can be used as a consistent, secure and organized asset that meets policies and standards. Why is data governance important for a healthcare organization? Large volumes of sensitive data.

Government 59

Government Data Privacy Privacy Communications 59

IT Governance

SEPTEMBER 1, 2021

The costs of anti-virus software, staff awareness training, Cloud services and countless other resources stack up – and even then, you need to find skilled personnel to lead your security strategy, which is easier said than done. You’ll have access to a wide range of tools, training and support that can be deployed to kick-start your journey.

Security 124

Security GDPR Cloud Insurance 124

The Last Watchdog

SEPTEMBER 20, 2019

Local government agencies remain acutely exposed to being hacked. However, at this moment in history, two particularly worrisome types of cyber attacks are cycling up and hitting local government entities hard: ransomware sieges and election tampering. That’s long been true.

Ransomware 153

Ransomware Government Security Retail 153

Collibra

MARCH 11, 2021

Data governance is a very intricate field, so implementing and sustaining data governance comes with a suite of challenges. Luckily, thousands, if not millions, of organizations use data governance to improve their operations, so you can learn from others’ mistakes and successes. Focus on the operating model.

Government 59

Government Communications Insurance Customer Experience 59

IT Governance

OCTOBER 11, 2022

Why Cyber Insurance is Essential in 2022. It includes steps such as keeping records of processing activities, conducting data protection impact assessments where required, and training staff. ISO 27001 also provides guidance on measures such as anti-malware software, staff awareness training and vulnerability scanning.

Risk 124

Risk GDPR Information Security Personal data 124

IT Governance

MARCH 20, 2024

Possible reasons for this trend change Reasons for organisations deprioritising security may include: Rising costs and economic uncertainty; Geopolitical tensions and uncertainty; and Fewer UK businesses identifying attacks or breaches, according to government data. % It also helps ensure your other measures get properly implemented.

Security 113

Security Data breaches Government Insurance 113

eDiscovery Daily

AUGUST 4, 2023

By Catherine Ostheimer Being responsive to the growing number of Access Requests and DSARS as a local government organization can be daunting. Here are tips for managing the eDiscovery side of Access Requests for those working at a state or local government organization: Understand the legal landscape. Educate and train staff.

Government 58

Government Access Insurance GDPR 58

IT Governance

SEPTEMBER 13, 2022

Organisations are continually urged to invest more in defences – whether it’s technological solutions, staff awareness training or revamped compliance practices – but if those solutions aren’t part of a cohesive strategy, the benefits will be minimal. Ultimately, it can cover the cost of-rebuilding if all else fails.

Risk 110

Risk Security Data breaches Information Security 110

erwin

MARCH 30, 2020

Free Resources : Check out the erwin Rapid Resource Center for free access to our online product training and other materials to help you navigate the COVID-19 crisis. Managing and Governing Data From Lots of Disparate Sources. Privately it will come from hospitals, labs, pharmaceutical companies, doctors and private health insurers.

Metadata 122

Metadata IT Government Healthcare 122