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

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 66

Insurance Financial Services Compliance Retail 66

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 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

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 136

Data breaches Passwords Retail Insurance 136

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

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

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 120

Cybersecurity Computer and Electronics Compliance Privacy 120

Thales Cloud Protection & Licensing

JULY 3, 2023

Regardless of the business you run, whether it’s in retail, insurance, or healthcare, you’re likely to rely on user data to deliver the personalised experiences that individuals demand. What is progressive profiling and how can it benefit your business? The good news is, there is another way. Enter progressive profiling.

Data collection 62

Data collection IT B2C B2B 62

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 124

Artificial Intelligence Security Data breaches Ransomware 124

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 112

Phishing Retail Data breaches Insurance 112

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 228

Access Authentication Insurance Personal data 228

IBM Big Data Hub

OCTOBER 30, 2023

One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency.

Analytics 77

Analytics Retail Cloud Insurance 77

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

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 254

Sales Retail Insurance IT 254

CGI

FEBRUARY 28, 2018

Digital Customer Experience is becoming the deciding battlefield on the insurance landscape. Digital Customer Experience in many ways is becoming the deciding battlefield on the insurance landscape as to who will win through. p.butler@cgi.com. Wed, 02/28/2018 - 10:36. Although respective remits often tend to be company specific.

Customer Experience 40

Customer Experience Insurance Artificial Intelligence Retail 40

Krebs on Security

JANUARY 19, 2022

was originally launched in 2010 with the goal of helping e-commerce sites validate the identities of customers who might be eligible for discounts at various retail establishments, such as veterans, teachers, students, nurses and first responders. The IRS says it will require ID.me for all logins later this summer. McLean, Va.-based

Access 363

Access Insurance Authentication Government 363

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 124

Communications Financial Services Big data Retail 124

IT Governance

APRIL 3, 2019

US food giant Mondelez is suing insurance company Zurich American for denying a $100 million (£76 million) claim filed after the NotPetya attack. In that regard, it was a job well done, with one report estimating that insurers could expect to pay out more than $80 billion (£61 billion) as a result of the attack.

Insurance 42

Insurance Ransomware Government Paper 42

CGI

FEBRUARY 28, 2017

Digital Transformation in UK General Insurance: Where do MGAs fit in? A lot of attention has been drawn to the digital developments that are being undertaken by insurers in the direct marketplace, but whilst direct is an important market, transformation of the indirect channel is also deserving of more attention. harini.kottees….

Digital transformation 40

Digital transformation Insurance Marketing Retail 40

Thales Cloud Protection & Licensing

APRIL 11, 2023

Retail companies, for example, were forced to speed up their digital presence to avoid being totally disrupted. Retail companies, insurance companies, restaurants, and banks, to name a few, and even public sector organizations serving consumers or citizens were forced to adapt. This Identity Management Day, Go BIG or Go HOME!

B2C 87

B2C B2B Retail Insurance 87

Krebs on Security

MARCH 26, 2020

Cybersecurity experts say the raid included the charging of a major carding kingpin thought to be tied to dozens of carding shops and to some of the bigger data breaches targeting western retailers over the past decade. authorities in 2017. “ Flint had a piece of almost every major hack because in many cases it was his guys doing it.

Retail 288

Retail Insurance Cybersecurity Data breaches 288

IBM Big Data Hub

NOVEMBER 30, 2023

In Florida and California, where hurricanes and wildfires respectively have become more rampant, some insurance providers are choosing to stop servicing these regions entirely. In retail, for example, use future flood risk predictions to inform store location planning, raw material procurement, and inventory supply chain logistics.

Energy and Utilities 85

Energy and Utilities Insurance Risk Retail 85

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 86

Insurance e-Delivery Paper Cybersecurity 86

Hunton Privacy

JUNE 21, 2016

The very acronym evokes head scratches and sighs of angst and frustration among many lawyers in the retail industry. But what is it and why has virtually every retailer been hit with a TCCWNA class action demand letter or lawsuit in the past few months? You have probably heard about it. You may have even been warned about it.

Retail 40

Retail Compliance Insurance Risk 40

CGI

DECEMBER 7, 2017

Insurers’ top trends and priorities: A look at CGI’s 2017 Voice of Our Clients findings (part 1). This year, we conducted in-person interviews with more than 1,300 client executives across 17 countries, including insurance business and IT executives. p.butler@cgi.com. Thu, 12/07/2017 - 15:32. Change accelerators.

Insurance 40

Insurance Digital transformation Blockchain Retail 40

Reltio

SEPTEMBER 13, 2022

Customers interviewed in the study were from the pharmaceuticals, technology, insurance and retail industries. In today's uncertain market and economic environments, our customers must ensure that Reltio solves their most pressing data challenges while saving money, growing revenue, reducing risk, and creating efficiencies.

MDM 52

MDM B2C IT B2B 52

CGI

JULY 31, 2017

Insurers’ top trends and priorities: A look at CGI’s 2017 Voice of Our Clients findings (part 1). This year, we conducted in-person interviews with more than 1,300 client executives across 17 countries, including insurance business and IT executives. harini.kottees…. Mon, 07/31/2017 - 05:30. Change accelerators.

Insurance 40

Insurance Digital transformation Blockchain Retail 40

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 116

Data breaches Insurance Personal data Ransomware 116

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Retail 82

Retail Artificial Intelligence Unstructured data Insurance 82

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 131

Phishing Retail Insurance Risk 131

Reltio

MAY 14, 2024

Data fragmentation and silos are common challenges faced by various industries, including financial services, insurance, B2B, and retail. Financial institutions struggle with regulatory compliance, while insurance companies face inefficiencies in underwriting and claims due to siloed data. The crux of this dilemma?

Marketing 52

Marketing Cloud MDM Digital transformation 52

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 137

Retail Encryption Insurance Passwords 137

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

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

The Last Watchdog

AUGUST 9, 2023

If left unremediated, the exposures would allow attackers and malicious insiders to drain funds from the wallets of millions of retail and institutional customers in seconds, with no knowledge to the user or vendor. New York, N.Y., For more information, please visit www.fireblocks.com.

Retail 100

Retail Insurance Libraries Paper 100