Keyword
cloud computing
Why the auditor red-flagged a government agency’s cloud computing risk management practices
December 12, 2019 by Greg MeckbachHere is a textbook example of how your cyber clients should not be managing their risks, according to Alberta’ auditor general. The province’s auditor red-flagged the example of Travel Alberta Corporation, a provincial agency that moved most of its software…
Majority of global financial institutions to ramp up transformation initiatives over next year, Accenture survey finds
June 26, 2017 by Canadian UnderwriterAn Accenture survey of nearly 800 financial services executives across Europe, Asia and North America found that more than half of financial institutions plan to increase their investments in major corporate transformation initiatives, or “change programs,” over the next 12…
About half of Canadian small business owners and C-suite execs not confident in secure destruction systems for paper or electronic media: survey
May 17, 2017 by Canadian UnderwriterJust over half (53%) of Canadian small business owners (SBOs) and just under half (48%) of C-suite executives don’t feel confident about their current secure destruction systems for paper or electronic media, according to the seventh annual Shred-it Information Security…
Clouding the Issue
February 2, 2017 The CIP Society - Insurance Institute of CanadaWhat if information about a specific claim, stored in the cloud as part of a company’s new cloud-based system, goes missing? What are the ethical responsibilities of the company, the claims adjuster, the manager and other employees who may have handled the file in past?
IBM and Majesco form five-year partnership to accelerate new global insurance services
October 3, 2016 by Canadian UnderwriterTechnology company IBM announced on Monday a five-year partnership with Majesco – a global provider of core insurance software, consulting and services for insurance business transformation – to jointly offer a new cognitive, cloud-based platform to help insurance carriers worldwide…
Technology driving long-term transformation of the insurance industry; price levels expected to stabilize: Swiss Re
September 12, 2016 by Canadian UnderwriterTechnological developments will profoundly change the way in which the re/insurance industry develops, distributes, underwrites and administers the insurance protection it sells to consumers, Swiss Re said on Monday. New technologies such as cognitive and cloud computing as well as…
Worldwide revenues from public cloud services expected to reach US$195 billion in 2020 – more than double 2016 amount
August 12, 2016 by Canadian UnderwriterOne day after a report suggested the global cybersecurity market is set to grow to US$202 billion by 2021, International Data Corporation (IDC) said that worldwide revenues from public cloud services are expected to reach more than US$195 billion in…
Big data and analytics, cloud computing, mobility solutions and tech start-up firms driving U.S. insurance IT spending market
May 19, 2016 by Canadian UnderwriterBig data and analytics, cloud computing, mobility solutions and tech start-up firms are among the emerging trends driving the insurance IT spending market in the United States, according to global technology research and advisory company Technavio. Technavio’s report on the…