The Last Watchdog

MARCH 1, 2019

Now toss in the fact that digital transformation is redoubling software development and data handling complexities. LW: How has ‘digital transformation’ exacerbated the need for SOAR? Sutton: Digital transformation is a big driver for SOAR. LW: What key innovations does Syncurity bring to the table?

Threat Detection 193

Threat Detection Digital transformation Marketing Firewall 193

The Last Watchdog

APRIL 3, 2019

Related: Identity governance issues in the age of digital transformation. In this digitally transformed environment, maintaining perimeter defenses still has a place. Identity governance and administration, or IGA , has suddenly become a front-burner matter at many enterprises. Compliance matters.

Digital transformation 140

Digital transformation Insurance Government Financial Services 140

The Last Watchdog

OCTOBER 26, 2021

Related: A primer on advanced digital signatures. PKI and digital certificates were pivotal in the formation of the commercial Internet, maturing in parallel with ecommerce. Clearly, many companies need to get a better grip on PKI management simply to keep from derailing digital transformation.

Digital transformation 230

Digital transformation eCommerce Internet Internet 230

Thales Cloud Protection & Licensing

MARCH 18, 2025

Thales OneWelcome Identity Platform and HIPAA Compliance in 2025 madhav Wed, 03/19/2025 - 05:58 The Health Insurance Portability and Accountability Act (HIPAA) has undergone significant changes in 2025, introducing enhanced requirements to address growing cyber threats and ensure comprehensive data protection.

Healthcare 62

Healthcare Encryption Authentication Penetration Testing 62

The Last Watchdog

APRIL 14, 2020

In one sense, digital transformation is all about machines. Here are excerpts, edited for clarity and length: LW: Can you frame the top challenges businesses face as digital transformation accelerates? Hudson: The world as we once knew it is becoming digitalized. Everything.

Digital transformation 138

Digital transformation Passwords Software Internet 138

Thales Cloud Protection & Licensing

OCTOBER 21, 2024

For too long, Identity and Access Management (IAM) has played a background role—a fundamental but ‘invisible’ part of digital transformation. It follows us from birth, weaving through every milestone and daily activity—from earning a degree and joining the workforce to booking travel or filing an insurance claim.

Digital transformation 62

Digital transformation Data privacy Insurance Technology 62

Security Boulevard

JANUARY 23, 2025

TL;DR Insurance companies host large amounts of sensitive data (PII, PHI, etc.) TL;DR Insurance companies host large amounts of sensitive data (PII, PHI, etc.) Insurance companies need to stay agile with the latest technology to speed up internal business processes and increase customer satisfaction. As they should!

Insurance 52

Insurance Risk Digital transformation Social Engineering 52

Thales Cloud Protection & Licensing

OCTOBER 24, 2024

The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses.

Financial Services 62

Financial Services Cybersecurity CISO Backups 62

The Last Watchdog

JUNE 2, 2022

Big banks and insurance companies instilled the practice of requesting their third-party vendors to fill out increasingly bloated questionnaires, called bespoke assessments, which they then used as their sole basis for assessing third-party risk. Digital transformation had taken hold; so their timing was pitch perfect.

Cyber Risk 266

Cyber Risk Risk Digital transformation Insurance 266

Thales Cloud Protection & Licensing

JANUARY 16, 2025

Some of the most important are Gramm-Leach-Bliley Act ( GLBA ), the National Association of Insurance Commissioners ( NAIC ) Data Security Model Law, the New York Department of Financial Services ( NYDFS ) Cybersecurity Regulation, and the National Credit Union Administration ( NCUA ) cybersecurity guidance.

Financial Services 62

Financial Services Encryption Insurance Government 62

CSO Magazine

AUGUST 13, 2021

3 Beyond the cost of paying a ransom, the total cost of an attack can include revenue, profit, and productivity loss; costs associated with discovery, forensic investigation, containment, recovery, and costly insurance premiums; and, finally, reputational damage and lost market share. The average ransomware breach cost $4.4 million in 2020.

Ransomware 121

Ransomware Digital transformation Insurance Encryption 121

Thales Cloud Protection & Licensing

JANUARY 22, 2025

The Health Insurance Portability and Accountability Act (HIPAA), enacted in 1996, established national standards to safeguard sensitive patient health information (PHI) and prevent unauthorized disclosures. In 2023 alone, over 167 million people were affected.

Healthcare 62

Healthcare Cybersecurity Data breaches Encryption 62

Security Boulevard

MAY 13, 2024

With the digital transformation of the financial industry and the prevalence of online business, financial institutions inevitably face various cybersecurity threats, among which DDoS attacks are the most common and threatening.

DDOS 69

DDOS Digital transformation Insurance Cyber Attacks 69

SecureWorld News

NOVEMBER 12, 2020

This is partly driven by cyber insurance and a growing number of organizations seeing this insurance as a business necessity: "Although cyber insurance policies existed since early 2000, ransomware attacks are one of the main reasons for the increased interest in this type of insurance during the last 5 years.

Cyber threats 129

Cyber threats Insurance Cyber Insurance Ransomware 129

eSecurity Planet

OCTOBER 18, 2021

” Cyber Insurance No Longer Reliable. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out.

Ransomware 105

Ransomware Cyber Insurance Insurance Digital transformation 105

Security Affairs

JUNE 18, 2024

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. In fact, the cost to victims from ransomware attacks is estimated to reach $265 billion (USD) annually by 2031.

Ransomware 140

Ransomware Cryptocurrency Insurance Cybercrime 140

Thales Cloud Protection & Licensing

NOVEMBER 9, 2021

These were just some of the major facets of cloud transformation that are creating challenges for data security that I discussed with Sunil Potti, Vice President and General Manager, Google Cloud in a recent Thales Security Sessions podcast moderated by Neira Jones. The digital transformation “mega trends”.

Cloud Migration 123

Cloud Migration Insurance Encryption Cyber Insurance 123

SC Magazine

MAY 28, 2021

So we have to be a little pragmatic also when it comes to drawing boundaries… as digital transformation takes over OT, OT and IT get closer together.” Colonial Pipeline also heightened discussion about the influence of ransomware attacks on cyber insurance. Production requires business operations.”.

Insurance 117

Insurance Ransomware Government Risk 117

CyberSecurity Insiders

SEPTEMBER 29, 2021

The effects of the global pandemic pushed organizations to accelerate their digital transformation strategies. In light of rapid digital transformation 8 in 10 executives are investing in IT infrastructure in order to keep up with evolving customer expectations. This blog was written by an independent guest blogger.

Cybersecurity 113

Cybersecurity Digital transformation IoT Small Business 113

Thales Cloud Protection & Licensing

DECEMBER 23, 2019

Digital transformation is changing the way we live and work, both in India and around the globe. Digital Transformation is Well Underway. Banking, financial services, media, insurance, and e-commerce companies have the lead in transformational initiatives in India.

Digital transformation 15

Digital transformation Data privacy Encryption Mobile 15

The Security Ledger

OCTOBER 23, 2018

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat. Read the whole entry. »

Insurance 40

Insurance Cyber Risk Risk Cyber Insurance 40

Security Boulevard

NOVEMBER 28, 2022

Insure Risk is the Decision factor for Digital Transformation Decisions. Most digital transformation strategies fail because of a cybersecurity attack or having an unmanageable post-deployment operations model with the new disruptive technologies.

Cybersecurity 101

Cybersecurity Digital transformation Technology Risk 101

Security Boulevard

MAY 26, 2021

Everyday our customers get closer to the people they do business with by delivering digital experiences that feel natural and protect their information. They’re innovating at scale to drive up customer loyalty, drive down the cost of digital transformation and improve experiences for customers, partners and employees.

Digital transformation 87

Digital transformation Telecommunications Insurance 87

The Last Watchdog

APRIL 18, 2019

Imposing just the right touch of policies and procedures towards mitigating cyber risks is a core challenge facing any company caught up in digital transformation. Related: Data breaches fuel fledgling cyber insurance market. Digital transformation is all about high-velocity innovation and on-the-fly change.

Digital transformation 113

Digital transformation Cyber Risk Risk Penetration Testing 113

Security Boulevard

AUGUST 22, 2022

Even with ransomware costing billions of dollars in losses and cyber insurance claims, organizations are still impacted beyond the checkbook. These attacks have driven the cost of cyber insurance premiums higher. Many insurance companies spend more time evaluating claims to ensure the clients have done all the due diligence.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Risk 98

The Last Watchdog

SEPTEMBER 14, 2018

State and local governments are not immune to the digital transformation so their dependence on IT is as high as it’s ever been,” says Ananth. As Ananth explained, the city did two things right: they had cyber insurance and they didn’t pay the ransom. Consequently, the security of these kinds of systems has become paramount.”.

Government 147

Government Cyber Insurance Digital transformation Hacking 147

CyberSecurity Insiders

OCTOBER 14, 2021

To an extent, it is advisable to have some skills overlap as insurance when a team member is unavailable, but given the complexity of IT and the frequency of crises across technology areas, a clear delineation of responsibilities is vital. Is the digital transformation fundamentally changing how the business (and sector) creates value?

Digital transformation 84

Digital transformation Technology Insurance Cybersecurity 84

The Last Watchdog

MARCH 26, 2019

One way to grasp how digital transformation directly impacts the daily operations of any organization – right at this moment — is to examine the company’s application environment. Related: How new exposures being created by API sprawl.

Digital transformation 145

Digital transformation Internet Internet Accountability 145

Herjavec Group

FEBRUARY 18, 2021

VPNs are stressed, remote desktops are stressed, servers continue to be upgraded, fiber, 5g and other high speed internet technologies are bringing the digital transformation to the world at the most rapid pace. With this amazingly fast digital transformation, the rewards should outweigh the risks.

Digital transformation 81

Digital transformation Computers and Electronics Cyber Insurance Insurance 81

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Cyber Risk 147

Cyber Risk Risk Financial Services Banking 147

SC Magazine

FEBRUARY 4, 2021

Cybersecurity garnered far more attention in executive boardrooms and among regulators and insurance underwriters during the last couple years, thanks to both an increasing volume of attacks and growing demand for digital transformation. (Ian Gavan/Getty Images for Kaspersky Lab ). Risky business (partnerships).

CISO 115

CISO Digital transformation Insurance Risk 115

The Last Watchdog

SEPTEMBER 7, 2018

Related: HBO hack spurs cyber insurance market. Digital media and entertainment giants like Netflix, Amazon, Hulu, HBO, ESPN, Sony, and Disney are obsessive about protecting their turf. Over the past couple of decades, some amazing advances in locking down software code have quietly unfolded in, of all places, Hollywood.

IoT 133

IoT Technology Software Media 133

Thales Cloud Protection & Licensing

OCTOBER 14, 2024

These organizations must contend with sophisticated threats and challenges in banking, insurance, investment banking, or securities. The Next Steps Financial services firms operate with complex, distributed architectures, serving a range of users from executives and headquarters staff to retail branches and customers.

Financial Services 62

Financial Services Threat Reports Authentication Banking 62

CyberSecurity Insiders

JANUARY 10, 2023

In addition, digital transformation and WFH have not just expanded the attack surface, but created completely new ones that are difficult to control and intertwined with core business processes – like the home computer an employee might use to connect to a company’s ERP system.

Cybersecurity 108

Cybersecurity Identity Theft Cyber Insurance Digital transformation 108

Security Boulevard

OCTOBER 21, 2024

For too long, Identity and Access Management (IAM) has played a background role—a fundamental but ‘invisible’ part of digital transformation. It follows us from birth, weaving through every milestone and daily activity—from earning a degree and joining the workforce to booking travel or filing an insurance claim.

Digital transformation 64

Digital transformation Data privacy Insurance Technology 64

CyberSecurity Insiders

MAY 10, 2023

According to the Insurance Information Institute , there was a 45-percent increase in identity theft in 2020, and the rapid digital transformation that took place during 2020 would not have helped improve this figure. because a person’s most critical information could potentially be exposed.

Authentication 109

Authentication Insurance Identity Theft Digital transformation 109

Security Affairs

MAY 27, 2024

Different industries and regions have specific regulatory requirements, such as the General Data Protection Regulation (GDPR) for data protection in the EU, the Health Insurance Portability and Accountability Act (HIPAA) for healthcare information in the US, and the Payment Card Industry Data Security Standard (PCI-DSS) for credit card information.

Cloud Migration 131

Cloud Migration B2B Data breaches Digital transformation 131