Security Affairs

JUNE 18, 2024

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. In fact, the cost to victims from ransomware attacks is estimated to reach $265 billion (USD) annually by 2031.

Ransomware 354

Ransomware Insurance Cybersecurity B2B 354

Security Affairs

OCTOBER 13, 2019

The hospital chain hasn’t revealed the amount it has paid to the crooks to decrypt the data, it seems that an insurance covered the cost. “As time goes by, and we determine the full impact of this, we will be very grateful we had cyber insurance in place.” ” continues the post.

Ransomware 258

Ransomware Insurance Paper Government 258

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.

Insurance 102

Insurance IT Government Risk 102

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. Scanning paper documents is a manual, time consuming process with high labor and hardware costs.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

Security Affairs

NOVEMBER 11, 2018

Paper Copy. Group-IB and CryptoIns introduce the worlds first insurance against cyber threats for cryptocurrency exchanges. The best news of the week with Security Affairs. Let me inform you that my new book, “Digging in the Deep Web” is online with a special deal. 20% discount. Kindle Edition. Once again thank you!

Security 240

Security IoT Insurance Libraries 240

IT Governance

JULY 30, 2024

According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. Then there’s insurance. Get a comprehensive introduction to the Standard, and learn about business continuity management fundamentals, in our free green paper.

Insurance 104

Insurance Risk Encryption Manufacturing 104

Schneier on Security

JUNE 7, 2023

New paper: “ Lessons Lost: Incident Response in the Age of Cyber Insurance and Breach Attorneys “: Abstract: Incident Response (IR) allows victim firms to detect, contain, and recover from security incidents. It should also help the wider community avoid similar attacks in the future.

Insurance 103

Insurance Cybersecurity Paper Communications 103

OpenText Information Management

JULY 9, 2024

As paper-based processes give way to digital solutions, one area seeing remarkable change is digital fax and capture. Employees spend valuable time manually feeding documents into fax machines, waiting for transmissions, and managing physical papers. Embrace the change and get ready to lead the pack!

Paper 64

Paper Financial Services Blockchain Compliance 64

Armstrong Archives

JULY 9, 2021

In 1996, the Health Insurance Portability and Accountability Act (HIPAA) established a set of regulations involving the storage of and destruction of protected health information (PHI). When it comes to keeping medical records, many providers choose to store paper records at their practice or on an offsite storage location.

Paper 52

Paper Archiving Compliance Access 52

Hunton Privacy

APRIL 13, 2012

The parties previously had agreed to work together to develop practical requirements for a secure cloud solution, and to implement appropriate security measures in the “Trusted German Insurance Cloud.” The implementation of the cloud security requirements will be finalized pursuant to the BSI’s certification process.

Insurance 40

Insurance Cloud Information Security Paper 40

Data Matters

DECEMBER 28, 2020

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Insurance groups will be exempt from filing a GCC if. groups to non-U.S.

Insurance 68

Insurance Paper Risk Analytics 68

AIIM

MAY 10, 2019

I was a mid-level executive for a large health insurance provider and was responsible for printing and mailing, pre-press and offset printing, and electronic book publishing across four states. Imagine stacks of paper everywhere and truckloads of output being shipped and mailed nationwide. Tons of it.

Insurance 145

Insurance Paper Digital transformation IT 145

Info Source

APRIL 4, 2018

Irvine, CA, April 4, 2018 – Kofax ® , a leading provider of software to simplify and transform the First Mile of business, today announced that Kofax TotalAgility® is accelerating the digital transformation efforts of half of the top-ranked life insurers in the U.S. A leading property and casualty insurer in the U.S.

Digital transformation 40

Digital transformation Insurance Information capture Customer Experience 40

AIIM

AUGUST 2, 2019

In other words: cut the paper, cut the inefficiencies. Provide a paper-bound, old-school understanding that doesn’t keep up— beware. Despite the drive to go paperless, paper is still prevalent in many core business processes like loan applications and insurance claims. They stay because of the experience they receive.

Digital transformation 96

Digital transformation Customer Experience Paper Insurance 96

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

Armstrong Archives

MARCH 27, 2018

Your insurance company has been collecting and storing consumer data for as long as it’s been in business. If you provide medical insurance, the documents you collect are high-value targets for criminals. Insurance companies often choose file folder indexing for additional information tracking. What Records Need Management.

Insurance 40

Insurance Archiving Records Management Paper 40

Data Protection Report

JANUARY 5, 2021

For more information, please see our white paper. The agencies invite comments on specific examples of computer-security incidents that should, or should not, constitute notification incidents. The comment period will commence upon publication in the Federal Register and extend for 90 days.

Insurance 141

Insurance Paper Encryption Security 141

eSecurity Planet

OCTOBER 18, 2021

” Cyber Insurance No Longer Reliable. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. “This is a form of economic warfare.”

Ransomware 105

Ransomware Insurance Digital transformation Cybersecurity 105

IT Governance

JULY 6, 2020

For example, the report found that: Only 9% of organisations have a documented cyber security policy; Only 10% have cyber insurance; and. Our green paper Information Security and ISO 27001 – An introduction provides more information on the Standard and how it fits into your organisation.

Information Security 138

Information Security Phishing IoT Insurance 138

AIIM

NOVEMBER 13, 2017

There are paper based business inputs and there are vast amounts of digital documents coming to you in various formats – such as video, phone calls, chat logs, web analytics and more – and from multiple sources including social media channels, customer care centers, online and offline. Consumerization drives these changing requirements.

Digital transformation 113

Digital transformation B2C Insurance Paper 113

CGI

FEBRUARY 28, 2017

Insurers’ digital focus is looking through the wrong ‘lens’. Read any article on digital insurance and it seems to me that it is all about the insurers! In a more advanced state CGI’s experience in using HoloLens technology from Microsoft suggests to me that this is an area ripe for consumer focussed insurer innovation.

Insurance 40

Insurance Big data IoT Manufacturing 40

AIIM

JULY 24, 2019

The direction of document processing automation over the next three years is definitely trending away from paper to a more digitally focused approach; 70% of survey respondents indicate that they plan to expand document processing to include more digitally-born documents this year. Paper is still prevalent when it comes to data capture.

Information capture 113

Information capture Digital transformation Paper Customer Experience 113

KnowBe4

APRIL 25, 2023

That page also has a download link for a PDF of the entire paper (via Reddit). "In In this paper, we introduce generative agents—computational software agents that simulate believable human behavior," reads the summary. link] [Head Scratcher] More Companies With Cyber Insurance Are Hit by Ransomware Than Those Without?

Insurance 103

Insurance Security awareness Phishing Ransomware 103

Armstrong Archives

DECEMBER 20, 2018

If you’re in the business of sorting through piles of paper files, you may wonder how to distinguish between files you should keep, files you should scan, and files you should shred. However, once you know how to dispose or store certain files, sorting through paper records will become much easier. Know Your State’s Laws.

Paper 40

Paper Archiving Sales Records Management 40

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 43

Insurance Ransomware Government Paper 43

IT Governance

JULY 11, 2019

Many ransomware victims use pen and paper instead of computers where possible. For example, you should provide them with said pens and paper, direct them to hard copies of information they might need and bring in colleagues who can’t work to help out. If you don’t already have cyber insurance, it’s worth considering.

Ransomware 92

Ransomware Insurance Encryption Paper 92

IT Governance

AUGUST 12, 2020

The deal will reportedly deliver £84 million of new money and substantially reduce Travelex’s debts – which increased by £25 million in Q1 as a result of the attack and the pandemic, although the firm said its cyber insurance policy will recoup a large portion of these losses. Paying the ransom doesn’t solve your problems.

Ransomware 118

Ransomware Insurance GDPR Paper 118

OpenText Information Management

DECEMBER 17, 2020

The ‘Banking Transformed’ white paper from Jim Marous and OpenText™ looks at the opportunities and challenges of meeting consumer expectations as most engagement has moved from physical to digital channels.

Digital transformation 111

Digital transformation Customer Experience Paper Insurance 111

DLA Piper Privacy Matters

SEPTEMBER 14, 2021

On 22 July 2021, the Treasury released a consultation paper setting out the target industry sectors that are proposed to become subject to the CDR after the implementation in the energy and telecommunications sectors is complete. agriculture.

Agriculture 100

Agriculture Insurance Customer Experience Privacy 100

Krebs on Security

OCTOBER 24, 2019

Steve Friedl , an IT consultant in the payroll service bureau industry, said the Cachet announcement has sent payroll providers scrambling to cut and mail or courier paper checks to client employees. The government alleges Mann was kiting millions of dollars in checks between his accounts at Bank of American and Pioneer from Aug.

Communications 184

Communications Financial Services Insurance Risk 184

Armstrong Archives

MARCH 3, 2025

From Paper to Digital: Records Management’s Transformative Journey Records management has come a long way, from overflowing file cabinets and dusty storage rooms to sophisticated digital systems. We marry cutting-edge technology with proven industry expertise to provide the most comprehensive, innovative records management services.

Records Management 52

Records Management Computer and Electronics Blockchain Compliance 52

OpenText Information Management

JANUARY 12, 2021

The paper problem Financial services workflows have always been heavily paper-based. It stands to reason, then, that fax would be the bedrock of financial communications, but are there ways to make it even better? What about incorporating other business drivers such as improved business efficiency or enhanced customer experience?

Financial Services 90

Financial Services Cloud Customer Experience Paper 90

OpenText Information Management

APRIL 5, 2019

Each year, Belgian insurer Fédérale Assurance produces up to 10 million pages of customer communications relating to its financial investment products and insurance offerings, including car, home and life insurance.

Communications 49

Communications Insurance Paper Customer Experience 49

AIIM

APRIL 12, 2022

The classic example is the insurer that won’t pay for care that a doctor determines a patient needs. Insurers are about profit; doctors are about delivering the best care. With collaborative videoconferencing: Low-income patients without insurance can use the Emergency Room less often. Data on paper manages you.

Computer and Electronics 104

Computer and Electronics Insurance Marketing Paper 104

AIIM

DECEMBER 12, 2019

Another way is to break up major sequences into their own flowcharts – for example, an insurance claim process could be broken into separate processes and flowcharts for claim filing, claim investigation, and claim resolution. This also means hitting the right level of detail for the target audience.

Insurance 157

Insurance Paper IT 157

John Battelle's Searchblog

APRIL 27, 2012

Pebble uses bluetooth connectivity to access the iPhone’s native capabilities, and then displays data, apps, and services on its high-resolution e-paper screen. It makes its profits by selling hardware – and it’s built a beautiful closed software ecosystem to insure those hardware sales.

Retail 103

Retail Insurance Paper Sales 103

IT Governance

FEBRUARY 22, 2022

Likewise, an ISMS is a required for organisations that are subject to the PCI DSS (Payment Card Industry Data Security Standard) and the US’s HIPAA (Health Insurance Portability and Accountability Act). Additionally, although the GDPR doesn’t expressly require organisations to implement an ISMS, doing so helps them achieve compliance.

Information Security 137

Information Security Security Data breaches Risk 137