CGI

NOVEMBER 10, 2016

The growing importance of dynamic pricing and rating in insurance. On June 20, 2016, CGI held a roundtable discussion on dynamic rating and pricing in the insurance industry that involved nearly all major Dutch insurers. This is in contrast to the traditional cost-plus approach to pricing in the insurance industry.

Insurance 69

Insurance Retail Sales Risk 69

Krebs on Security

FEBRUARY 7, 2022

as a condition of receiving state or federal financial assistance, such as unemployment insurance, child tax credit payments, and pandemic assistance funds. In the face of COVID, dozens of states collectively lost tens of billions of dollars at the hands of identity thieves impersonating out-of-work Americans seeking unemployment insurance.

Access 234

Access Authentication Insurance Personal data 234

Krebs on Security

APRIL 16, 2024

The answer may no longer be a mystery: KrebsOnSecurity found compelling clues suggesting the intrusion was carried out by the same Russian hacking crew that stole of millions of payment card records from big box retailers like Home Depot and Target in the years that followed. said investigators determined the breach began on Aug.

Sales 271

Sales Retail Insurance IT 271

Schneier on Security

APRIL 12, 2018

Good article about how difficult it is to insure an organization against Internet attacks, and how expensive the insurance is. Companies like retailers, banks, and healthcare providers began seeking out cyberinsurance in the early 2000s, when states first passed data breach notification laws.

Insurance 54

Insurance Cybersecurity Data breaches Retail 54

Security Affairs

JANUARY 19, 2024

The incident interrupted retail store inventory replenishment and delayed order fulfillment. “VF will be seeking reimbursement of costs, expenses and losses stemming from the cyber incident by submitting claims to VF’s cybersecurity insurers. million customers. million individual consumers.” million individual consumers.”

Data breaches 141

Data breaches Passwords Retail Insurance 141

OpenText Information Management

AUGUST 23, 2021

That’s definitely true in the retail banking sector. CX Index: What is it, and … The post Focus on customer experience to stand out from your retail banking competitors appeared first on OpenText Blogs. However, when that’s what everyone else in your industry is doing, there’s a lot less room to stand out.

Customer Experience 69

Customer Experience Retail Marketing IT 69

Security Affairs

APRIL 6, 2020

The images include scans of government-issued IDs, retail club membership and loyalty cards, NRA membership cards, gift cards, credit cards with all details exposed (including CVV), medical insurance cards, medical marijuana ID cards, and more. ” reads the post published by vpnMentor. ” continues the report.

Retail 138

Retail Encryption Insurance Passwords 138

Security Affairs

JANUARY 21, 2020

The US-based children’s clothing maker and online retailer Hanna Andersson discloses a data breach, attackers planted an e-skimmer on its e-commerce platform. The US-based children’s clothing maker Hanna Andersson has disclosed a data breach that affected its customers. Hannah Anderson was breached.

Data breaches 137

Data breaches Retail Cloud Insurance 137

Data Matters

FEBRUARY 20, 2019

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance. Unlawful Discrimination.

Insurance 68

Insurance Financial Services Compliance Retail 68

Security Affairs

JANUARY 7, 2024

Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4 Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Artificial Intelligence 132

Artificial Intelligence Security Data breaches Ransomware 132

Security Affairs

JUNE 10, 2021

Insurance companies around the world are now suffering from phishing. Over the past year, an average of over 100 phishing websites were created per insurer. In 2020, a multi-stage scam called Rabbit Hole targeted companies’ brands, primarily retail and online services. million in one year .

Phishing 138

Phishing Retail Insurance Risk 138

Security Affairs

JANUARY 17, 2022

.” The CPU will address critical vulnerabilities in Oracle Essbase, Graph Server and Client, Secure Backup, Communications Applications, Communications, Construction and Engineering, Enterprise Manager, Financial Services Applications, Fusion Middleware, Insurance Applications, PeopleSoft, Support Tools, and Utilities Applications.

Communications 132

Communications Financial Services Big data Retail 132

Krebs on Security

DECEMBER 18, 2018

“Marketing and digital strategy roles drive top line revenue for firms—the latter is particularly important in retail and banking businesses as so much commerce moves online,” Conroy said. Virtually all companies like to say they take their customers’ privacy and security seriously, make it a top priority, blah blah.

Security 251

Security Marketing Cybersecurity Data breaches 251

ChiefTech

JANUARY 30, 2013

Self-service checkouts in supermarkets and other retails shop fronts are fascinating on so many levels - from their design to the ethical dilemma of replacing people with machines. Preference for self-service checkouts may be both specific to the type of retail store and also how the technology is deployed.

Retail 74

Retail IT Financial Services Insurance 74

Security Affairs

NOVEMBER 29, 2019

The threat actor mainly targets insurance, consulting, and construction companies. In total, 38 different state-sponsored threat actors were active throughout review period, including seven new ones. Group-IB’s annual report was presented at CyberCrimeCon 2019 international Threat Hunting and Intelligence conference in Singapore.

IT 127

IT Military Cybersecurity Phishing 127

Hunton Privacy

NOVEMBER 11, 2016

As reported on the Insurance Recovery blog , earlier this week, retailer Tesco Plc’s (“Tesco”) banking branch reported that £2.5 The loss, which is about half of what Tesco initially estimated, is still substantial and serves as a strong reminder that cyber-related losses are a real threat to retailers and other industries.

Insurance 45

Insurance Retail IT Cybersecurity 45

Security Affairs

SEPTEMBER 1, 2020

” PIONEER KITTEN hackers to date have focused their attacks against entities in North American and Israeli, while targeted sectors include technology, government, defense, healthcare, aviation, media, academic, engineering, consulting and professional services, chemical, manufacturing, financial services, insurance, and retail. .

Access 136

Access Financial Services Retail Insurance 136

IT Governance

NOVEMBER 7, 2022

Elsewhere, we assess data breaches at a cancer research facility and the US retailer Bed Bath & Beyond. As a result, the personal data of 244,850 patients was compromised – which likely includes patients’ names and numbers, but protected health information such as dates of birth and health insurance numbers might also be affected.

Phishing 115

Phishing Retail Data breaches Insurance 115

Krebs on Security

NOVEMBER 14, 2024

for stealing data on nearly 10 million customers of the Australian health insurance giant Medibank. By way of example, he suggested maybe a company centered around recovering lost passwords for cryptocurrency accounts, or perhaps a series of online retail stores that sold cheap Chinese goods at a steep markup in the United States.

Retail 235

Retail Ransomware Marketing Healthcare 235

Krebs on Security

SEPTEMBER 10, 2018

There are dozens of private companies that specialize in providing consumer credit reports and scores to specific industries, including real estate brokers, landlords, insurers, debt buyers, employers, banks, casinos and retail stores. If that accurately describes your views on the matter, this post may well change your mind.

Access 253

Access Security Military Retail 253

The Last Watchdog

MARCH 1, 2019

SOAR, if you haven’t heard, is a hot new technology stack that takes well-understood data mining and business intelligence analytics methodologies — techniques that are deeply utilized in financial services, retailing and other business verticals – and applies them to cybersecurity. Sutton: Syncurity has several innovations.

Digital transformation 193

Digital transformation Marketing Analytics Risk 193

Hunton Privacy

OCTOBER 14, 2019

From physical threats to cyber attacks targeting a wide range of critical infrastructure, companies in diverse sectors, such as the financial, retail, entertainment, energy, transportation, real estate, communications and other areas, face a challenging landscape of risks and potential liabilities. Join us on October 28, 2019, at 12:00 p.m.

Insurance 49

Insurance Security Retail Risk 49

Hunton Privacy

NOVEMBER 6, 2014

Hunton & Williams Insurance Litigation & Counseling partner Lon Berk reports: As the demand for cyber insurance has skyrocketed, so too has the cost. New payment technologies, however, will change the need for this type of cyber insurance. As these payment technologies become prevalent in the U.S.,

Insurance 40

Insurance Retail Sales Risk 40

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS). employees).

GDPR 100

GDPR Compliance e-Discovery Metadata 100

IT Governance

JULY 1, 2021

We found a comparatively low 9,780,931 breached records from publicly disclosed security incidents in June 2021. But don’t be fooled by that number – it comes from 106 incidents, which is roughly average for the year. June’s figures bring the annual running total of security incidents to 729 and the total number of breached records to 3,947,030,094.

Data breaches 129

Data breaches Ransomware Computer and Electronics Retail 129

CGI

APRIL 25, 2018

Time for a new definition of the "composite" insurer? Composite insurer table. In the UK we rightly take pride in the fact that our ‘local’ propositions have played a significant role in the global development of what we now commonly call ‘Insurance’, but is that all about to change? . p.butler@cgi.com. Wed, 04/25/2018 - 09:26.

Insurance 40

Insurance Retail Marketing IT 40

eSecurity Planet

SEPTEMBER 21, 2024

Health Insurance Portability & Accountability Act (HIPAA) The Health Insurance Portability and Accountability Act (HIPAA) sets standards for protecting sensitive health information, particularly electronic health records (EHRs). Agencies must also report on their security posture and any incidents that occur.

Cybersecurity 117

Cybersecurity Computer and Electronics Compliance Privacy 117

The Last Watchdog

MARCH 26, 2019

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

Security 145

Security Digital transformation Financial Services Risk 145

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

Adam Levin

NOVEMBER 17, 2020

It’s worth noting that there’s no reason a legitimate retailer would need that last one — the skeleton key to your identity — to process a purchase.). Shop at reputable and recognizable retailers. If you’re shopping at a retailer that is new to you, research the company’s standing on the Better Business Bureau website.

Retail 97

Retail e-Delivery Passwords Phishing 97

IT Governance

JUNE 1, 2023

MCNA Insurance MCNA Insurance, also known as MCNA Dental, was caught up in a cyber hacking incident last week, in which 112 covered entities were affected. MCNA Insurance later confirmed that 8,923,662 people were affected in the incident and said the breach was a result of a ransomware attack.

Data breaches 118

Data breaches Insurance Personal data Ransomware 118

The Last Watchdog

OCTOBER 5, 2023

Harnessing industry insights from previously disclosed breaches, insurance claims data, and incidents that have not been publicly disclosed, Kovrr’s models assess the likely frequency and severity of cyber breaches experienced by the included companies. Tel Aviv, Israel, Oct.

Retail 100

Retail Risk Data breaches Mining 100

Krebs on Security

DECEMBER 29, 2022

Big Yellow and Avira weren’t the only established brands cashing in on crypto hype as a way to appeal to a broader audience: The venerable electronics retailer RadioShack wasted no time in announcing plans to launch a cryptocurrency exchange. A single bitcoin is trading at around $45,000.

Passwords 270

Passwords Ransomware Computer and Electronics Access 270

John Battelle's Searchblog

NOVEMBER 17, 2013

Each time you walk into a doctor’s office, the same kind of system could be triggered to determine what information should appear on your health care provider’s screen, and on yours, and how best payment should be made (or insurance claims filed). There is one exception. And that’s a very, very big deal. (I Any ideas?!).

Retail 112

Retail Insurance Data structuring IT 112

Data Matters

SEPTEMBER 20, 2021

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

Insurance 88

Insurance e-Delivery Paper Cybersecurity 88

Security Affairs

NOVEMBER 8, 2020

As a vertically integrated company, Luxottica designs, manufactures, distributes and retails its eyewear brands, including LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, Eyemed vision care plan, and Glasses.com. Luxottica Group S.p.A. Its best known brands are Ray-Ban, Persol, and Oakley.

Data breaches 93

Data breaches Insurance Retail Ransomware 93

John Battelle's Searchblog

APRIL 27, 2012

The reasons I read in press coverage – that VCs tend to not like untested hardware/platform plays, that retail products have low margins, etc., It makes its profits by selling hardware – and it’s built a beautiful closed software ecosystem to insure those hardware sales. all sounded reasonable, but not enough.

Retail 103

Retail Insurance Paper Sales 103