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Fidelity National Financial data breach: All details

Dataconomy

Fidelity National Financial data breach emerged as a headline on Tuesday when the Fortune 500 giant, specializing in title insurance and settlement services for the real estate sector, disclosed its encounter with a significant cybersecurity challenge. ” The company emphasized that the investigation is actively ongoing.

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Analytics Changes the Calculus of Business Tax Compliance

Smart Data Collective

A growing number of financial institutions are using analytics tools to make better investing decisions and insurers are using analytics technology to improve their underwriting processes. The good news is that staying compliant is easier than ever in an age where data analytics tools can help you manage your finances.

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Data Masking is Becoming a Must for Many Organizations

ODSC - Open Data Science

This growth is largely driven by the emergence of data privacy laws and regulations in different parts of the world. Regulatory and legal requirements If the above-mentioned use cases are not enough to convince organizations to use data masking solutions, here is something that will: data laws and regulations.

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UK Court: AI Can’t be Named as Inventor for Patents

ODSC - Open Data Science

A top court in the UK has said that AI cannot be named as an inventor of patents in a new case. According to Bloomberg via the Insurance Journal , this is in line with what other courts have said in the EU and the United States. Subscribe to our weekly newsletter here and receive the latest news every Thursday.

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How Insurance Companies Use Data To Measure Risk And Choose Rates

Smart Data Collective

The auto insurance industry has always relied on data analysis to inform their policies and determine individual rates. The good news is that this new data can help lower your insurance rate. Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. Marital status.

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How to handle a ransomware attack 

IBM Journey to AI blog

It’s the news no organization wants to hear―you’ve been the victim of a ransomware attack, and now you’re wondering what to do next. The photo will expedite the recovery process and help when filing a police report or a possible claim with your insurance company.

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Developing Credit Scoring Models for Banking and Beyond

ODSC - Open Data Science

From credit-worthiness to insurance claims, and anti-money laundering to readmittance to a hospital, getting end-users to understand the output of analytical models can be a challenge. First, imagine you work for a large insurance company and head up the new, analytical division responsible for aiding in worker’s compensation claims.