article thumbnail

As insurers look to be more agile, data mesh strategies take centerstage

CIO

In this way, data may just be the ultimate disruptor – a fact that the insurance industry knows all too well. As data volumes continue to increase alongside a correlating number of business requests, modern insurance data leaders face a nuanced set of challenges. Enter data mesh.

Insurance 246
article thumbnail

Colorado AI legislation further complicates compliance equation

CIO

The bill defines consequential decision as being any decision “that has a material legal or similarly significant effect on the provision or denial to any consumer,” which includes educational enrollment, employment or employment opportunity, financial or lending service, healthcare services, housing, insurance, or a legal service.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Patient data is at greater risk than ever. AI can help

CIO

Patient data represents a treasure trove for hackers. Sensitive personal and medical information can be used in multiple ways, from identity theft and insurance fraud to ransomware attacks. It’s little wonder that data theft is increasingly common in the healthcare sector.

article thumbnail

Construction insurance company Billy raises additional $2.5 million

TechCrunch

Construction insurance company Billy announced today the closing of an additional $2.5 Gutsa combined his background in construction product management with Robbins’ decade of experience running a construction business to launch Billy, which digitizes and streamlines the construction compliance management process.

article thumbnail

CISOs are not just the keepers of our data – they must be its custodians

CIO

These attacks come in various formats, often including accessing private data through phishing, which AI is making harder and harder to detect. As our data becomes more and more vulnerable online, its protection has become more and more of a priority. CISOs stand not merely as overseers, but as architects of crucial security postures.

Data 299
article thumbnail

5 Use Cases of Intelligent Process Automation in Insurance

Newgen Software

Despite providing financial protection and peace of mind, the insurance sector has long been criticized for its slow processing times, susceptibility to human error, and overall inefficiency. Intelligent Process Automation (IPA) helps insurers meet these expectations and address the sector’s long-standing challenges.

article thumbnail

Laika laps up $50M for its automated security compliance platform

TechCrunch

Compliance with privacy and security frameworks like SOC 2, HIPAA and GDPR has become a central component not just of how organizations build trust with their users, but of how organizations work together these days: fail to meet the requirements of these frameworks, and you might lose your business relationship.