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Masterclass in CIAM for Insurance: Balancing Security, Experience, and Consent

IT Security Guru

The insurance industry is experiencing a significant transformation fuelled by the ubiquity of digital technologies. As these solutions gain traction in this sector, they add complexity to a regulatory landscape that insurance firms need to navigate, especially when it comes to Customer Identity and Access Management (CIAM).

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Security Compliance & Data Privacy Regulations

eSecurity Planet

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. Location Matters.

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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

Cyberattacks are not only a technological problem for companies, but they also represent a very real financial threat. That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 Cyber Insurance is Booming. million and climbing.

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Two Years on from GDPR: Has It Driven Growth in Cybersecurity Insurance?

Dark Reading

Whilst GDPR has put the spotlight on data privacy and cyber issues, there are other more prominent trends that are driving a greater take-up of cyber insurance, says Ben Maidment, Class Underwriter - Cyber, Physical & Technology at Brit Insurance.

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How Pen Testing can Soften the Blow on Rising Costs of Cyber Insurance

The Hacker News

As technology advances and organizations become more reliant on data, the risks associated with data breaches and cyber-attacks also increase. The introduction of data privacy laws, such as the GDPR, has made it mandatory for organizations to disclose breaches of personal data to those affected.

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Safety first: Will insurance companies stall or accelerate cybersecurity progress?

SC Magazine

Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.

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Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing

Thales Cloud Protection & Licensing

Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing. New EU restrictions could force companies to change data transfer practices and adopt more advanced data encryption methods. In recent years, costly breaches and evolving data security concerns have bubbled up to a board level agenda item.