article thumbnail

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. IT security (53%). Talent (87%).

article thumbnail

You’re not alone in the cyber battlefield

Dataconomy

HIPAA (Health Insurance Portability and Accountability Act) is a federal law in the United States that sets national standards for protecting the privacy and security of individually identifiable health information. ISO 27001 is an internationally recognized standard for information security management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

7 technologies that CIOs can’t ignore in 2021

mrc's Cup of Joe Blog

Cloud storage and backup. As data volumes grow, so does the need for efficient storage and backup. “In Many organizations don’t yet realize that video storage costs can run into millions of dollars annually. One way to prepare: Secure portals. These aren’t necessarily new technologies. Video calls became the norm.

Storage 98
article thumbnail

Top 10 Quotes About Cloud Security

SecureWorld News

So every breach you've seen associated with them, and it's been billions of records over the last couple years, is because somebody accidentally assigned too permissive a policy to that storage bucket. Listen to the rest of our Fireside Chat podcast with Dr. Larry Ponemon on the state of information security: #5.

Cloud 52
article thumbnail

Be safe inside your cyber fortress

Dataconomy

They provide a set of guidelines that organizations can follow to ensure they have appropriate security measures in place. The Health Insurance Portability and Accountability Act (HIPAA) sets strict standards for handling healthcare data. Industry-specific regulations also play a crucial role.

article thumbnail

Supplier Management: The Good, the Bad, and the Solutions

SecureWorld News

Nearly every aspect of a business involves the use of vendors; things such as financial software, document management, and data storage. According to Richard George, the former National Security Agency technical director of information, "Cybersecurity really is a supply chain problem." Why are vendors a target?

article thumbnail

Federal Government Signals Interest In Several Key Leading Edge Technologies

CTOvision

In a computing context, the term security implies cybersecurity. Ensuring cybersecurity requires coordinated efforts throughout an information system. Elements of cybersecurity include: Application security, Information security, Network security, Disaster recovery / business continuity planning, and End-user education.