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While traditional industries such as banking, insurance, healthcare, and telecoms have borne the brunt of regulation in the past, todays digital age is fueling a risk in regulation that touches all entities, large or small. Streamlining GRC ActivitiesMonitoring compliance, risks, and governance can be automated to reduce manual work.
The FTC and CFPB will become less activist, and state Attorneys General will become more active. Cyber Liability insurance will increasingly require a privacy audit. As the number of privacy breaches and privacy violations continues to rise, cyber insurers will demand more thorough privacy programs at underwriting.
While traditional industries such as banking, insurance, healthcare, and telecoms have borne the brunt of regulation in the past, todays digital age is fueling a risk in regulation that touches all entities, large or small. Streamlining GRC ActivitiesMonitoring compliance, risks, and governance can be automated to reduce manual work.
Data bias in machine learning models is one of the hottest topics in the AI industry for good reason; an AI model that rejects loan applications or increases insurance premiums for the wrong reasons will have a very deleterious effect. However, there is a lot of debate about whether those changes will be for the good.
This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. These activities must happen in 2024, because threat actors are in fact already targeting encrypted data, by taking a “steal and store now to decrypt later” approach. Upholding good cyber hygiene.
This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. These activities must happen in 2024, because threat actors are in fact already targeting encrypted data, by taking a “steal and store now to decrypt later” approach. Upholding good cyber hygiene.
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