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CYBER INSURANCE RISK FRAMEWORK

on February 05, 2021

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CYBER DATA BREACH

CYBER DATA BREACH What to Do if You Have a Data Breach It is common to have an “it will never happen to us” philosophy when it comes to data breaches. Unfortunately, that thinking can lead to lax security measures and carelessness when it comes to protecting sensitive information. If your company suffers a data breach: Act quickly . Report the breach immediately to local law enforcement. Notify important suppliers, vendors and partners. Alert your customers. If there is a data breach involving customers’ personal information, activate your plan to alert them. The information compromised could be incredibly harmful to your customers, so alert them as soon as possible. Investigate. If you do not have the resources to do an internal investigation, consult a third party. The more quickly the breach can be dealt with, the fewer negative effects your company will endure. Take measures to lessen the chance of a future breach. A data breach can be a good learning too...

Risk Management Tools

Risk Management Tools Enhancing Risk Management Framework in BFSI with core focus on Insurance Transasia Soft Tech, headquartered in Chennai, brings in-depth of collective industry experience into insurance and banking software development in the areas of wholesale banking, trade finance, treasury, claims and risk management. Transasia Soft Tech believes that knowledge is power and in its endeavor takes collective domain and technology experience to provide the BFSI sector with a robust framework in the area of risk management and other allied solutions. The core philosophy and vision of Transasia Soft Tech is to provide niche and customized technology solutions so the COO of the company will explain us about their wide range of products and services in the insurance domain. In conversation with Vijayanand Subramaniam, COO, Transasia Soft Tech External factors and security-specific threats are converging to influence the overall security and risk landscape, so leaders in the space...

Health Insurance Data Analytics

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CYBER INSURANCE RISK FRAMEWORK

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