article thumbnail

Learning to Love Audit and Compliance - It’s Possible

Tenable

Securing running workloads in the public cloud and meeting compliance standards are non-negotiable for most organizations. As a result, audits and compliance exercises can cause delays and anxiety for security and compliance teams. One reason some standards are abstract is that security is not a one-size-fits-all practice.

article thumbnail

Revolutionizing Auto Insurance: How InsurTechs are Lowering Auto Insurance Costs with Usage-Based Policies

Trigent

Usage-based insurance, often referred to as UBI, has shot to popularity due to its immense potential for insurers when it comes to customization and cost savings. In-car technologies and the surge in connected cars significantly contribute to the growing market size of usage-based insurance. percent between 2023 and 2032.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Powered Services Podcast: What’s Going on With Cyber Liability Insurance?

Kaseya

That’s why it is imperative that your clients should have cyber liability insurance and also why your MSP should have its own coverage as well. Cyber Liability Insurance and Its Importance. Cyber liability insurance protects against financial losses caused by cyber events such as data breaches and other internet-related risks. .

article thumbnail

CIOs in financial services embrace gen AI — but with caution

CIO

Generative AI is starting off a new age of exploration in IT,” says Frank Schmidt, CTO at insurance firm Gen Re. We’ve started an ethical AI committee that consists of the legal, compliance, technology, and cybersecurity teams,” says Cugini.

article thumbnail

Concerns remain even as the EU reaches a landmark deal to govern AI

CIO

Non-compliance with the regulations may result in fines ranging from $8 million (€7.5 The EU AI Act stipulates that GPAIS will need to abide by stringent transparency requirements, like technical documentation, compliance with the EU copyright law, and sharing of detailed summaries about the content used for training. million) or 1.5%

article thumbnail

HIPAA compliance mobile app development 2021

Openxcell

These days the internet has exposed us to risks and hazards which we never heard of before. Patient data protection has become a significant concern with vast amounts of patient data shared over the internet. Let’s look into what goes into creating a HIPAA compliance mobile app to address this question in some depth.

article thumbnail

How Cloud Technology is Shaping The Future of Healthcare Industry

OTS Solutions

This infrastructure comprises a scalable and reliable network that can be accessed from any location with the help of an internet connection. It also provides patients with the option to share or keep their medical histories out of the hands of insurance companies or hospitals. Need for Cloud Solutions for Healthcare.