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Impact of technology on insurance industry

Hacker Earth

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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Kaiser Permanente Discloses Data Breach Impacting 13.4 Million People

SecureWorld News

This incident underscores the need for robust data security measures at healthcare providers, insurers, and companies that handle protected health information (PHI). Setting up Multi-Factor Authentication (MFA) on your accounts provides a critical second layer of security in the event that your password is compromised.

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Governance and Fighting the Curse of Complexity

CIO Business Intelligence

Authentication. Cyber insurance. Tools to Rein In Complexity Thankfully, In the IT and security worlds we’re being offered tools to simplify and integrate virtually every part of our IT ecosystems. There will always be new computing paradigms: think of virtual reality or robotics or quantum computing. Password strategies.

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How Serious Is The Lack Of Machine Learning Talent?

The Accidental Successful CIO

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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Effectively Manage All Endpoints, No Matter Where They Are Located

CIO Business Intelligence

For example, during the first weeks of the COVID-19 pandemic, cyber insurers had significant concerns about the security risks incurred with so many employees suddenly working from home. However, employees working outside the corporate firewall and other network protections pose some big security challenges, especially for large enterprises.

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Cybersecurity for Nonprofits: Cost-Effective Defense Strategies

SecureWorld News

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. Having basic cyber hygiene Advanced technology is important, but basics like regular data backups, software updates, strong password policies, and multi-factor authentication are fundamental.

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Try before you fly: Orbite sets schedule for luxurious astronaut orientation sessions

GeekWire

Andrews and Orbite’s other co-founder, French-born tech entrepreneur Nicolas Gaume, have set the schedule for astronaut orientation courses that’ll include virtual-reality simulations, a zero-G flight and a high-G flight — all designed to provide a taste of space without tying the participant down to a particular program.

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