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Data Security

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How brokers can keep clients’ data secure when working remotely

September 21, 2023 by Alyssa DiSabatino

Brokers may be at risk of unintentionally exposing client data or other proprietary information when they’re not working from the office. But with much of the industry doing hybrid or remote work — and showing reluctance to return to the

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Why consumer acceptance of biometrics is good news for your clients

May 22, 2020 by Adam Malik

Consumers are actually open to —and even demanding — two-factor authentication safeguards such as biometrics for their online accounts, a new study has found. Nearly three-quarters (72%) of Canadians would allow their bank to analyze behavioural biometrics, like typing speed,

News InsuranceRisk

Are you following these password blunders?

January 16, 2020 by Adam Malik

From leaving passwords written on sticky notes laying around to using simple passwords to not using proper technology to secure client data, employees and companies still have much to learn about data security, according to a recent report. And with

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Proposed model law could beef up U.S. insurers’ cyber risk management

August 17, 2017 by Canadian Underwriter

New cyber-related obligations being proposed south of the border, if approved, could promote more rigorous cyber risk management practices in the U.S. insurance market, Fitch Ratings suggests. The CyberSecurity Working Group of the National Association of Insurance Commissioners (NAIC) has

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U.S. enterprises reporting renewed preference for in-house, domestic IT services: Clutch survey

May 4, 2017 by Canadian Underwriter

How much of a priority organizations view IT services seems to be influencing decisions around using in-house resources rather than outsourcing services to an external vendor, suggests a new survey of IT decision-makers south of the border. Released Wednesday, the

Feature Mergers and AqcuisitionsTechnology

Planning Ahead

February 1, 2017 Daren Hanson, Vice President, Sales and Business Development, TeraGo

Global connectedness means companies, including those in Canada, need a robust data recovery plan to protect data critical to their business operations. Still, many companies do not even have such plans in place.

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Filling the Breach

November 6, 2016 Eduard Goodman, Chief Privacy Officer, IDT911

Insurers in Canada need to prepare for the new federal breach notification law, the back-end details of which could be ready within the next 12 months. Although the rule-making phase is not yet complete, a big change in direction is not anticipated, with the information provided to date likely offering a solid blueprint for the final rules.

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Two-thirds of U.K. polled firms not assessing financial impact of a cyber attack: Marsh

September 19, 2016 by Canadian Underwriter

Almost two-thirds of surveyed large and medium-sized organizations in the United Kingdom do not conduct or estimate the financial impact of a cyber attack, notes a new report issued Monday by Marsh. Despite a 56% rise in boardroom ownership of