SecureWorld News

JULY 2, 2024

Global cyber insurance premiums are declining despite an uptick in ransomware attacks, according to a recent report by insurance broker Howden. This trend reflects improved business security practices, evolving insurance industry dynamics, and changing attitudes toward cyber risk management. Sarah Neild, head of U.K.

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Network World

JUNE 13, 2024

Targeting the cyber-insured: To maximize the chances of a successful payout, cybercriminals are increasingly targeting organizations that carry cyber insurance because they know that insured victims are more likely to pay ransoms. Securely back up all data regularly and keep software updated. Train employees to be vigilant.

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Banking Insurance Malware Trends 394

SecureWorld News

JANUARY 11, 2024

In this digital battlefield, cyber insurance has emerged as a crucial shield, offering financial protection against data breaches, ransomware attacks, and other cyber incidents. However, just as the threats evolve, so too does the cost of protection, with the global cyber insurance market projected to balloon to a staggering $90.

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Insurance Policies Authentication Data 122

CIO Business Intelligence

APRIL 1, 2025

Despite the old line that the US government is, in all actuality, little more than a military attached to an insurance company, the seldom-of-the-same-mind three anchors on CNBCs Squawk Box recently stated that they cant talk about the economy without talking about American politics specifically tariffs and White House/agency interventions.

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Insurance Government Authentication Budget 173

CIO Business Intelligence

MAY 2, 2022

Password-based authentication is likely the most widely used method of authenticating users to online services. Password-based authentication is used because it is easy to understand and implement. They provide multifactor authentication (MFA) without the usual burden on the user. on a user’s other online accounts.

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CIO Business Intelligence

APRIL 2, 2025

billion for Fortune 500 firms alone, according to an analysis by Parametrix, and total economic damages could run into tens of billions, Nir Perry, CEO of cyber insurance risk platform Cyberwrite, told Reuters. The overall cost was estimated at $5.4

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CTO Hire Fractional CTO Exercises Software 281

CIO Business Intelligence

APRIL 23, 2024

Identity management: Modern security architectures include tools for managing identity — for authenticating staff, assigning them to roles, and assigning rights, privileges, and restrictions to those roles, not to the individuals who fulfill them. Insurance: You know how this plays out.

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Insurance Architecture Artificial Intelligence Applications 290

SecureWorld News

OCTOBER 28, 2024

UnitedHealth, one of the largest health insurers in the United States, had to undertake a lengthy investigation to confirm the scope of the breach, and its findings emphasize the need for agile security operations that can respond quickly to contain threats and protect data.

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Healthcare Agile Insurance Government 109

CIO Business Intelligence

FEBRUARY 12, 2025

Its got DLP, EAP [Extensible Authentication Protocol], and all the risk assessment promises we give you, and it runs in managed environments so its got all the sharing, auditing and reporting. A different large insurance company has a third of all its apps written in low code. This respects all the data policies.

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Training Tools Applications Policies 279

CIO Business Intelligence

FEBRUARY 12, 2025

A zero trust architecture supported by multi-factor authentication (MFA), separation of duties and least privilege access for both machines and roles will help prevent unauthorized users and machines from accessing the environment. Modern security architectures deliver multiple layers of protection.

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Enterprise Enterprise Security Backup 191

Phil Windley

AUGUST 12, 2020

Supporting Authentic Relationships. Both Alice and Bob have a number of credentials that will be necessary to create the report: Proof of insurance issued by their respective insurance companies. Self-sovereign identity envisions digital life that cannot be supported with traditional identity architectures.

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Authentication Architecture System Examples 111

HID Global

MARCH 30, 2023

Multi-factor authentication is used not only to combat cyberattacks, but also as a strategy to enable additional protections & benefits from cyber insurance.

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Insurance Authentication Strategy 52

Network World

MAY 20, 2024

The finance and insurance industry faced 27.8% AI has blurred the line between authentic and fraudulent content, making it all the more challenging to discern phishing schemes from legitimate web pages and digital communication. Microsoft remains the most frequently imitated brand, with 43.1%

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IT Toolbox

JULY 28, 2016

As it stands, the future of SMS 2FA seems uncertain, at least in regulated industries like banks and insurance.

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Authentication Insurance Banking Industry 100

SecureWorld News

SEPTEMBER 10, 2020

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. 4 key takeaways from cyber insurance industry report. Cyber insurance works.

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Insurance Report Nonprofit Trends 69

CIO Business Intelligence

MARCH 11, 2025

Identity and Access Management (IAM): Enforcing role-based access, multi-factor authentication (MFA), and user activity monitoring. Achieving compliance means not only storing data locally but also demonstrating full control over data access and usage.

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Vmware Security Data Disaster Recovery 191

CIO Business Intelligence

SEPTEMBER 1, 2024

She believes that enhanced verification protocols, such as multi-factor authentication and biometric verification can reduce the risk of deepfake exploitation. CIOs however, are very cognizant of the ethical conundrums posed by deepfakes.

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Artificial Intelligence CTO Government Video 306

Network World

AUGUST 21, 2024

UMass Memorial Medical Center offers a similar set of services , which, the hospital says, is covered by insurance the same as a hospital stay would be and qualifies as acute inpatient hospital care. To solve the password-typing problem, for example, Main Line Health expanded its footprint of tokenized authentication.

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Network Security Examples Cloud 419

CIO Business Intelligence

FEBRUARY 2, 2023

Choose your groups carefully Generally, Duty attends meetings that are relevant to insurance, leadership, women in technology, or those hosted by consulting groups she wants to get to know better. I wasn’t commuting as much and felt these conferences were important,” she says.

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Network Conference Insurance Groups 298

SecureWorld News

FEBRUARY 26, 2025

Crypto companies must now adopt advanced cybersecurity measures to ward off sophisticated threats such as malware and phishing attacks, and there's likely to be an increased focus on developing comprehensive insurance and risk management strategies to mitigate potential financial losses."

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Groups Malware Security Industry 82

Dataconomy

JANUARY 15, 2025

New research highlights a vulnerability in Google’s “Sign in with Google” authentication method that allows unauthorized access to sensitive data by exploiting abandoned startup domains, posing a potential risk to millions of American users.

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Google Authentication Adobe Research 45

CTOvision

NOVEMBER 2, 2016

So here’s three things the nation can do to make it less vulnerable to cyber attacks: 1/ Implement 2-Factor Authentication. Basic: Implementing two-factor authentication is the simplest mitigation against credential theft. Or if stronger authentication would have lessened the DDoS attack on Dyn? 3/ Lockdown Servers.

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Strategy Authentication Firewall Internet 150

CIO Business Intelligence

AUGUST 29, 2022

It’s imperative that sustainability teams, tech experts and executives come together to make the authentic, impactful progress we need to make. Financial reporting: Assist the finance groups within the enterprise around sustainable finance and Environmental, Social, and G overnance for banking, financial services, and insurance partners.

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Enterprise Enterprise Data Center Cloud 244

CTOvision

DECEMBER 15, 2014

In information technology, biometrics usually refers to technologies for measuring and analyzing human body characteristics such as fingerprints, eye retinas and irises, voice patterns, facial patterns, and hand measurements, especially for authentication purposes.

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Government Virtualization Big Data Artificial Intelligence 301

CIO Business Intelligence

JULY 26, 2022

Inspire them to achieve new heights, make them feel they’re connected to something that’s bigger than themselves, says Bill Pappas, head of global technology and operations at insurance and employee benefits provider MetLife. They are authentic. IT team members can easily see through attempts at false inspiration.

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Examples Insurance Guidelines Transportation 351

CIO Business Intelligence

MAY 12, 2022

Providing a passwordless authentication experience leveraging WebAuthn and FIDO can solve both problems, giving organizations the win-win solution they need to remain competitive. IAM tools give organizations a way to authorize and authenticate users by relying on internal documentation validating identity. Authentication protections.

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Security Authentication Banking Knowledge Base 130

CIO Business Intelligence

APRIL 24, 2024

“What I’ve always tried to do is go where the energy and value is, and find the one or two willing partners in the business who want to start something and make it big,” says Christopher Paquette, chief digital transformation officer at Allstate Insurance. And there are audit trails for everything.” But that could change. “I

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Financial Insurance Survey Security 321

Hacker Earth

MARCH 29, 2018

Like every other industry, the global insurance sector, worth over $5 trillion, has undergone an immense overhaul because of disruptive technologies in recent years. According to PwC’s 2017 Global InsurTech Report, the challenges the insurance industry faces in their ability to innovate are. Talent (87%). IT security (53%). Blockchain.

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Insurance Industry Big Data Policies 48

CIO Business Intelligence

JUNE 13, 2023

The chain of transactions held in the distributed ledger might track insurance payments, car purchases, or any number of assets. These can end up having practical value to any business that wants to add a layer of authenticity to a digital experience. Chance of succeeding: It’s already here but only in cryptocurrency worlds.

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Tools Software Development Airlines Development 363

Galido

NOVEMBER 25, 2019

Perhaps not surprisingly, banks, insurance companies, and other financial-service firms are 300 times more likely to suffer from a cyber-attack than other industries. What caused the security failure is not yet known, but the exposed documents were viewable to anyone without the need for authentication. First American Financial Corp.

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Financial Data Insurance Firewall 100

CIO Business Intelligence

JUNE 6, 2023

In one example , a doctor uploaded their patient’s name and medical condition in order to generate a prior authorisation letter to the patient’s insurance company. To verify the authenticity of an email, most of us will look for spelling or grammatical mistakes. Phishing 2.0:

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Security How To Examples Data 246

The Accidental Successful CIO

SEPTEMBER 22, 2021

However, at banks, insurers and other financial companies their use of artificial intelligence is being especially hampered by a scarcity of data and talent. Synchrony Financial uses AI-enabled applications to speed up credit-card authentication, identify and prevent fraud, power virtual agents and personalize marketing offers.

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Artificial Intelligence Banking Financial Company 245

Computerworld Vertical IT

MARCH 7, 2022

Every year at this time, I have to fill out my firm’s cyber insurance application — and every year they ask whether we encourage strong passwords and change them often. We should instead be choosing authentication processes that appropriately match site risks; using a password should be the last thing you want to rely on.

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Authentication Insurance Applications Data 71

CTOvision

JULY 8, 2015

Privileged user authentication and PKI are. What cyber insurance can do for contractors - FCW.com FCW (Yesterday) - FCW.comWhat cyber insurance can do for contractorsFCW.com. Marine Corps, Interior Dept. The Massachusetts Institute of Technology’s Computer. Drone pilot training, DISA's big cyber.

Insurance 150

Insurance Travel Government Agile 150

Phil Windley

OCTOBER 25, 2021

In other words, while account-based identity focuses on linking a person in possession of authentication factors to a trove of information, token-based identity is focused on claims about the subject's attributes. Traditionally, we've done that with accounts and identifying, using authentication factors, who is connecting.

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Insurance Authentication System Banking 137

SecureWorld News

AUGUST 21, 2020

The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker. It had cyber insurance: "The university’s cyber insurance policy paid part of the ransom, and the university covered the remainder.

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Insurance Backup Network Education 98

CIO Business Intelligence

JANUARY 17, 2024

“I always find there’s benefit in using a story to help my audience understand what can sometimes be very technical concepts that I’m trying to communicate to non-technical people,” says Adam Miller, CIO of UK insurer, Markerstudy Group. Miguel Traquina, CIO of biometric authentication company iProov, agrees.

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Fractional CTO Meeting CTO Data 305