Data Breach Today

FEBRUARY 6, 2018

Policies Offer Incentives for Good Information Security Practices Apple and Cisco say they've partnered with insurers Aon and Allianz to offer cyber insurance policies for organizations that meet best security practices and use products from the technology companies.

Insurance 112

Insurance Information Security Risk Security 112

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

IBM Big Data Hub

DECEMBER 4, 2023

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

Insurance 53

Insurance Digital transformation Compliance Cloud 53

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.

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Insurance IT Government Risk 100

Data Matters

SEPTEMBER 3, 2020

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. As a result of the COVID-19 pandemic, the NAIC held the Summer Meeting in a virtual format, with conference calls taking place over a three-week period.

Insurance 66

Insurance Paper Artificial Intelligence Big data 66

IBM Big Data Hub

DECEMBER 8, 2023

.” This same sentiment can be true when it comes to a successful risk mitigation plan. The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events.

Risk 67

Risk Compliance Insurance IT 67

eSecurity Planet

OCTOBER 8, 2024

IT leaders know that the reason regulators and cybersecurity insurers require them to conduct network penetration testing is to ensure they’re protecting their networks from being accessed by attackers. Conclusion: A smarter way to protect your network Staying ahead of attackers can drastically reduce a firm’s security risks.

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Compliance Insurance Risk Security 109

Data Matters

DECEMBER 11, 2018

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. This post summarizes the highlights from this meeting. NAIC Continues its Evaluation of Insurers’ Use of Big Data. sector; and.

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Insurance Paper Risk Big data 66

IT Governance

JUNE 15, 2022

In an increasingly digital world, there are an escalating number of cyber security risks for business to address. In this blog, we look at the top five cyber security risks that businesses face, and explain how you can prevent them. MFA authentication can also be used to protect organisations from the next risk on our list.

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Risk Security Passwords Phishing 142

Data Matters

SEPTEMBER 4, 2019

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The Summer Meeting was highlighted by the following activities. Under the Revised CFR Model Laws, a “reciprocal jurisdiction” includes (a) a non-U.S.

Insurance 66

Insurance Paper Risk Analytics 66

Krebs on Security

JUNE 15, 2023

TechCrunch has been tracking the fallout from victim organizations , which range from banks and insurance providers to universities and healthcare entities. MOVEit parent Progress Software has since released security updates to address the weakness, but Cl0p claims to have already used it to compromise hundreds of victim organizations.

Risk 212

Risk Ransomware Cybersecurity Access 212

Data Matters

AUGUST 24, 2018

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. This post summarizes the highlights from this meeting. NAIC Continues its Evaluation of Insurers’ Use of Big Data .

Insurance 60

Insurance Big data e-Delivery Risk 60

Data Protection Report

FEBRUARY 27, 2020

Given the level of interest in the case, we have prepared a deeper-dive into the facts and the implications of the decision, with a focus on the important role played in the case by cyber insurance. For some time, cyber exposure has been at or near the top of every major company’s risk register. This is set out below. The context.

Insurance 81

Insurance Risk Data breaches Personal data 81

Thales Cloud Protection & Licensing

APRIL 18, 2023

RSA Conference 2023: Meet Thales Where the World Talks Security! Meet us at Booth #N-5369 for demonstrations on data security, customer and workforce identity, and post quantum cryptography – just to name a few. Security teams must build quantum resilience today to protect their business from emerging risks.

Security 71

Security Digital transformation Privacy Cybersecurity 71

eSecurity Planet

JANUARY 12, 2021

Protecting your organization from IT security risks is an ongoing, fluid task. As a savvy tech leader, you are likely hyperfocused on performing security risk audits to keep your networks strong and protected. Components of Security Risk Assessments. Cybersecurity preparedness/ insurance. Mobile devices. Data backups.

Risk 70

Risk Security Cybersecurity Compliance 70

Data Protection Report

JANUARY 19, 2022

In the M&A context, this valuable information is either the driving force of the deal or a significant area of risk requiring special consideration, from due diligence to the drafting of substantive provisions of a purchase agreement. In our previous update we discussed protecting business data in a commercial context. Indemnities.

Compliance 131

Compliance Access Personal data Risk 131

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

Data Breach Today

FEBRUARY 6, 2018

Policies Offer Incentives for Good Information Security Practices Apple and Cisco say they've partnered with insurers Aon and Allianz to offer cyber insurance policies for organizations that meet best security practices and use products from the technology companies.

Insurance 100

Insurance Information Security Risk Security 100

Hunton Privacy

FEBRUARY 29, 2024

Finally, the investigation indicated that GRBH violated the HIPAA Privacy Rule by failing to meet the requirement not to use or disclose PHI except as permitted by the Rule. It filed a breach report with OCR in February 2019, which then investigated the organization’s data practices starting in December 2019.

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Ransomware Personal data Risk Privacy 111

The Last Watchdog

JUNE 2, 2022

Third-Party Risk Management ( TPRM ) has been around since the mid-1990s – and has become something of an auditing nightmare. Related: A call to share risk assessments. This is because third-party risk has become a huge problem for enterprises in the digital age. Cyber risks profiling. based CyberGRX. Cyber hygiene boost.

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Security Risk Digital transformation Insurance 266

The Last Watchdog

MARCH 13, 2023

In other words, they shouldn’t detail how cybersecurity spending drives revenue and that cuts to the security program directly affect relationships and requirements with three key constituencies: customers, insurers, and regulators. Ultimately, cybersecurity can become a profit center when customers, insurers, and regulators require it.

Security 203

Security Insurance Cybersecurity Customer Experience 203

IT Governance

MAY 30, 2018

A report published by research and consultancy company Celent highlights the challenges that the GDPR presents to insurers. Insurers are data controllers: a person, public authority, agency or body that determines the purpose of processing personal data. Steps insurers should take to become GDPR compliant.

Insurance 41

Insurance GDPR Compliance Data collection 41

Security Affairs

OCTOBER 30, 2023

. “The Hacker-Powered Security Report makes clear that hackers are actively growing their skillsets to meet emerging threats. The versatility of hackers and the impact of the vulnerabilities they surface make them instrumental to how our customers anticipate and address risk.”

Blockchain 124

Blockchain Insurance Risk Security 124

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Third-party risk management.

Compliance 57

Compliance Risk Government Retail 57

Hunton Privacy

JUNE 13, 2023

On June 6, 2023, the Federal Deposit Insurance Corporation (“FDIC”), the Board of Governors of the Federal Reserve System (“FRB”) and the Office of the Comptroller of the Currency (“OCC”) issued their final Interagency Guidance on Third-Party Relationships (“Guidance”).

Risk 64

Risk Insurance Compliance Information Security 64

HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Security Affairs

OCTOBER 20, 2024

CISA adds Fortinet products and Ivanti CSA bugs to its Known Exploited Vulnerabilities catalog Nation-state actor exploited three Ivanti CSA zero-days Dutch police dismantled dual dark web market ‘Bohemia/Cannabia’ macOS HM Surf flaw in TCC allows bypass Safari privacy settings Iran-linked actors target critical infrastructure organizations (..)

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Security Data breaches Ransomware Cybersecurity 82

Hunton Privacy

MARCH 9, 2023

On March 3, 2023, the California Privacy Protection Agency (“CPPA”) Board held a public meeting regarding the Agency’s priorities, budget, the status of the California Privacy Rights Act of 2020 (“CPRA”) rulemaking process and the activities of the CPPA subcommittees.

Privacy 58

Privacy Insurance Data Privacy Cybersecurity 58

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

IT Governance

MAY 3, 2019

An RTP (risk treatment plan) is an essential part of an organisation’s ISO 27001 implementation process, as it documents the way your organisation will respond to identified threats. What are your risk treatment options? What are your risk treatment options? Avoid the risk by ceasing any activity that creates it.

Risk 61

Risk Information Security Communications Security 61

Information Governance Perspectives

MAY 8, 2020

Hunter, Dr. Tao Jin, Dr. Patricia Franks, Rae Lynn Haliday, Cheryl Pederson, and Wendy McLain on the topic of Meeting Evolving Business Needs – A Conversation Between RIM Educators and Thought Leaders. … It’s really a surreal time to be having a discussion about meeting evolving business needs don’t you think?

Education 52

Education Digital transformation Information governance Search queries 52

The Security Ledger

SEPTEMBER 11, 2019

Third party cyber risk is growing. In this Spotlight Podcast, a companion to our new eBook, Rethinking Third Party Cyber Risk Management, we go deep on the topic of building a mature third party cyber risk program with Dave Stapleton the Director of Assessment. » Related Stories Third Party Cyber Risk is growing.

Risk 40

Risk GDPR Data Privacy Personal data 40

IBM Big Data Hub

JANUARY 15, 2024

How do organizations avoid the digital risks of ‘technology misuse’ and achieve efficient innovation that ‘technology promotes production’? As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co.,

Mining 66

Mining Digital transformation Insurance Artificial Intelligence 66

IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Similarly, in the U.S.

Cloud 72

Cloud Financial Services Risk Business Services 72

IT Governance

OCTOBER 3, 2018

A number of the key deadlines have already passed, so all Scottish public bodies must now have: Implemented minimum cyber risk governance arrangements; and. In addition to meeting the requirements of Cyber Essentials, organisations must undergo an internal assessment and internal scan conducted on-site by the certification body.

Government 56

Government Compliance Risk Insurance 56

AIIM

JUNE 2, 2023

During a member-only meet-up on May 25, 2023, AIIM brought together industry experts such as John Daly (Fruit of the Loom) and Kramer Reeves (Work-Relay) to discuss the attraction of a career in information management. Information managers improve business processes, reduce organizational risk, save money, and ensure compliance.

Insurance 104

Insurance Libraries Analytics Education 104

Cyber Info Veritas

JULY 19, 2018

This article will focus on some strategies that organizations should consider implementing in order to mitigate their cybersecurity risk as far as third-party service providers are concerned. Failure to assess your risks means that you will not be able to properly manage them and your company will be susceptible to cyber threats.

Risk 40

Risk Cybersecurity Compliance Data breaches 40