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Cyber Insecurity: A Boon for Insurers

CTOvision

Do you have good cyber insurance? An explosion in perceived cyber threats will lead to an explosion of attention to managing cyber risk, and that attention means booming business for cyber insurers. The Target theft cost the company $441 million in their fourth quarter!

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Marc Andreessen on the future of technology and implications for interactions between government and citizens

CTOvision

A key examplesto consider is health insurance. We can now envision entirely new ways of conceiving health insurance– if you take big data/machine learning approach. We can say the same with auto insurance and crop insurance, financial services, loan risk scoring – all of which can be done far more accurately now than historically.

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7012 Regs and Cyber insurance on collision course with small business

CTOvision

The regulations themselves are a part of, and a driver to, a set of complex problems for industry — presently, with risk being transferred away from DoD to its contractors who will find risk rebounding to them via their “cyber” insurance policies. We’ll start by peeling back the onion layers around the regulations themselves.

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AI2 spinout MajorBoost uses artificial intelligence to help medical providers deal with insurance calls

GeekWire

A new health-tech spinout from Seattle’s Allen Institute for AI (AI2) aims to reimagine how doctor’s offices and insurance companies communicate with each other, using artificial intelligence to deal with time-consuming phone calls. MajorBoost co-founder and CEO Lekshmi Venu. MajorBoost Photo).

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Tech Moves: Former Rover CTO joins moving startup Dolly; Egencia’s CFO to depart; and more

GeekWire

Former Rover CTO Scott Porad joined peer-to-peer moving service Dolly as chief technology officer. Prior to joining Rover in 2013, Porad was CTO for Cheezburger and held multiple director roles at Bellevue, Wash.-based Scott Porad. Dolly Photo). based drugstore.com.

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Cyber Security and Corporate Governance: The five principles every corporate director should embody

CTOvision

The board and management should assess cyber-risk just like other enterprise-level risks: ensuring a specific determination is made of which aspects of cyber-risk to accept, avoid, mitigate or insure against. The board should meet with the chief risk officer and review all risks. We most strongly concur.

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Complying With Health Insurance Portability and Accountability Act (HIPAA) Security Rules

CTOvision

The post Complying With Health Insurance Portability and Accountability Act (HIPAA) Security Rules appeared first on CTOvision.com. Entering the (Growing) Healthcare-Privacy Field (news.dice.com). The real reason hackers want your medical records (kernelmag.dailydot.com).

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