AIIM

FEBRUARY 22, 2018

In a recent AIIM survey, 85% of finance and insurance executives said that digital preservation was “important” or “very important” to their organizations – even higher than the 77% reported in other industries. Why is it particularly important in finance and insurance?

Digital preservation 95

Digital preservation Insurance Financial Services Digital transformation 95

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. Digital Transformation is More Than Scanning Paper Documents.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

Krebs on Security

JULY 21, 2023

.” IANS , an organization geared toward CISOs/CSOs and their teams, surveyed more than 500 organizations last year and found roughly 65 percent of CISOs still report to a technical leader, such as the CTO or CIO: IANS found 46 percent of CISOs reported to a CIO, with 15 percent reporting directly to a CTO.

Security 216

Security Risk Insurance Cybersecurity 216

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

Rocket Software

JUNE 16, 2022

In today’s digital world, the ability to reduce the risk of fraud is key for any industry, but especially so for health insurance providers and healthcare organizations. The post Mainframe automation and AI to detect risk of fraud in healthcare insurance: 4 key considerations appeared first on The Rocket Software Blog.

Insurance 84

Insurance Risk Digital transformation Marketing 84

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

Reltio

JUNE 9, 2022

The insurance industry is facing unprecedented disruption. Insurance carriers have been called to transform customer experience, business offerings, and operations. As an insurer, your current business models are being challenged by new thinking, new competitors, and new ways of working.

Digital transformation 52

Digital transformation Insurance Customer Experience MDM 52

Information Management Resources

JANUARY 29, 2020

Nearly half of insurers report issues with information bottlenecks, according to Willis Towers Watson survey of nearly 100 carriers.

Insurance 50

Insurance Analytics 50

Dark Reading

APRIL 27, 2023

Compliance acts as primary driver for obtaining cyber insurance, but budget constraints hinder efforts.

Insurance 56

Insurance Cloud Compliance Cybersecurity 56

Collibra

SEPTEMBER 5, 2019

Dresner surveyed nearly 800 business intelligence (BI) professionals to examine customer preferences, customer investment and vendor performance in the data catalog space. 47% of Dresner’s survey respondents indicated that they have difficulty accessing data, but simply locating data is only part of the challenge.

Marketing 49

Marketing Analytics Government Financial Services 49

IT Governance

FEBRUARY 8, 2018

The Cyber Security Breaches Survey 2018 from the Department for Digital, Culture, Media and Sport (DCMS) has revealed that only 38% of businesses and 44% of charities have heard of the General Data Protection Regulation (GDPR). This is a worrisome finding, as it is only a matter of months until the new Regulation is enforced. Key findings.

GDPR 50

GDPR Government Education Compliance 50

Privacy and Cybersecurity Law

MARCH 23, 2018

On March 14, 2018, IBM Security announced the results of a new global study on organizational cybersecurity readiness and resiliency entitled “The 2018 Cyber Resilient Organization.” 23% of respondents say they do not currently have a CISO or security leader. Is this confidence misplaced?

Cybersecurity 40

Cybersecurity Data breaches Artificial Intelligence IoT 40

Information Management Resources

JULY 12, 2018

But only about 8% of insurers have fully automated some part of their processes, according to Capgemini survey.

Insurance 29

Insurance Artificial Intelligence 29

Thales Cloud Protection & Licensing

OCTOBER 14, 2024

Thales conducted a focused analysis drawn from its global 2024 Data Threat Report survey, centered on security and IT management professionals working for FinServ organizations to better understand the challenges these entities face in a rapidly shifting threat landscape.

Financial Services 62

Financial Services Cloud Compliance Authentication 62

OpenText Information Management

NOVEMBER 26, 2024

In fact, Microsoft’s latest survey of small business trends, challenges, and opportunities revealed that one-third of SMBs consider AI a “top four” priority, and 71% have plans to either begin or accelerate AI investments within the next year.

52

52

Hunton Privacy

MARCH 19, 2014

The Department of Health and Human Services’ Office for Civil Rights (“OCR”) recently announced that it intends to survey up to 1,200 covered entities and business associates to determine their suitability for a more fulsome HIPAA compliance audit.

Compliance 40

Compliance Insurance Privacy Risk 40

IT Governance

SEPTEMBER 26, 2018

Two thirds of UK organisations are uninsured against the financial impact of a data breach, a survey has revealed. The Risk:Value 2018 Report by NTT Security discovered that only 29% of organisations have dedicated cyber insurance in place, despite 81% of senior executives touting insurance against data breaches as “vital”.

Data breaches 87

Data breaches Insurance Information Security Compliance 87

eSecurity Planet

OCTOBER 18, 2022

The vast majority of cybersecurity decision makers – 91 percent, in fact – find it difficult to select security products due to unclear marketing, according to the results of a survey of 800 cybersecurity and IT decision makers released today by email security company Egress. Also read: eSecurity Planet’s 2022 Cybersecurity Product Awards.

Security 123

Security IT Cybersecurity Marketing 123

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

IT Governance

OCTOBER 4, 2021

Sophos’s most recent annual ransomware survey, The State of Ransomware 2021 , found that 37% of organisations surveyed in 2021 had been affected by ransomware in the previous year. Although this is a year-on-year reduction (51% of surveyed organisations were affected in 2020), the threat remains significant.

Ransomware 128

Ransomware Insurance Access Phishing 128

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

Data Protection Report

JULY 29, 2019

We are pleased to report that Norton Rose Fulbright has been shortlisted for cyber law firm of the year at the 2019 Insurance Insider Cyber Rankings Awards. The winner will be determined from the results of a wide-ranging survey of insurers and brokers and will be announced on 20 September 2019.

Insurance 40

Insurance Data breaches Data Privacy Cybersecurity 40

Information Management Resources

DECEMBER 3, 2019

Nearly two-thirds of carriers surveyed overall are adopting AI and machine learning technology.

Insurance 37

Insurance Artificial Intelligence 37

Information Management Resources

MARCH 21, 2018

Four out of five carriers don't have a plan for collecting, analyzing or securing the flood of data from connected devices, according to LexisNexis survey.

Insurance 32

Insurance IoT Security Big data 32

Information Management Resources

NOVEMBER 12, 2018

Leaders of the finance organizations want to be leaders in developing data and digital strategy, according to Accenture survey.

Insurance 37

Insurance Data science Artificial Intelligence Analytics 37

The Security Ledger

OCTOBER 3, 2019

Kevin Richards of the insurer Marsh joins us to talk about that company's Cyber Risk Perceptions Survey. In this episode of Security Ledger Podcast (#163) sponsored by LastPass: Kevin Richards of the insurer Marsh joins us to talk about that company’s Cyber Risk Perceptions Survey. Read the whole entry. »

Risk 40

Risk Passwords Insurance Digital transformation 40

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

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 104

Ransomware Insurance Digital transformation Cybersecurity 104

IBM Big Data Hub

AUGUST 2, 2023

Chatbot platforms can also provide reminders, conduct surveys, and collect feedback to enhance employees’ experiences. Instead of depending on long feedback surveys, chatbots request real-time employee feedback proactively. Chatbots for employee support Powerful AI chatbots can help employees 24/7.

Artificial Intelligence 61

Artificial Intelligence Insurance Communications Analytics 61

IT Governance

MARCH 20, 2024

The UK government’s Cyber Security Breaches Survey 2023 confirms this trend. Better yet, small UK organisations achieving certification could receive cyber insurance with a total liability limit of £25,000 – a substantially higher sum than the cost of implementation for most eligible organisations.

Security 106

Security Data breaches Government Insurance 106

The Last Watchdog

OCTOBER 26, 2021

This, in turn, has triggered a surge in certificate outages: some two-thirds of 400 enterprises participating in a recent survey reported certificates expiring unexpectedly – with 25 percent experiencing five to six such outages in a recent six month period. And there are two other intertwined drivers in play: compliance and security.

Digital transformation 230

Digital transformation Compliance Encryption Authentication 230

Information Management Resources

NOVEMBER 13, 2018

Carriers see outdated core systems holding them back from transforming effectively, according to survey.

Insurance 37

Insurance Customer Experience 37

Adam Levin

JUNE 30, 2020

In the same survey, 35 percent thought CEOs should be fined for a cyber failure, and 30 percent wanted to see a CEO lose his or her right to run any company following a serious cyber event. Some of the survey’s findings suggest there’s some cognitive dissonance. Twelve thousand respondents in the U.S., What can CEOs do?

Ransomware 74

Ransomware Insurance Cybersecurity Manufacturing 74

Information Management Resources

JANUARY 16, 2019

Novarica survey of more than 100 carriers identifies six digital techs on the rise in pilot and deployment activity.

Insurance 43

Insurance Big data 43

AIIM

AUGUST 2, 2019

According to AIIM research , 75% of the organizations we surveyed view digital transformation as “important” or “very important” to their organization. Despite the drive to go paperless, paper is still prevalent in many core business processes like loan applications and insurance claims.

Digital transformation 94

Digital transformation Customer Experience Paper Insurance 94

eSecurity Planet

OCTOBER 5, 2021

Paying for internal assessments and penetration tests by a third party can provide fresh thinking and a level of assurance for stakeholders such as customers, the board of directors, and the insurance company that wrote our cyber insurance policy. Is the attack small enough that we do not need to file a cyber insurance claim?

Ransomware 131

Ransomware Insurance Encryption Phishing 131

Data Protection Report

AUGUST 29, 2018

We are grateful to our clients and industry contacts for nominating us as cyber law firm of the year at the 2018 Insurance Insider Cyber Rankings Awards. The winner will be determined from the results of a wide-ranging survey of insurers and brokers and will be announced on September 21, 2018.

Insurance 40

Insurance Cybersecurity Privacy 40