Privacy Litigation Risk Grows ‘Substantially,’ According to Coalition Report
Lawsuits over how businesses collect and use data have surged, driven largely by aggressive plaintiff’s attorneys leveraging decades-old privacy laws in modern contexts.
Technology and Tools
3 Questions to Confirm Who Owns Your Agency’s Data
Who really owns that data once it’s stored in a vendor’s system? What happens if an agency decides to switch platforms? And can agents freely connect their data across tools to build the client experience they want, or are they locked into whatever their vendor dictates?
7 Important Data Security Features to Look for in InsurTech Providers
While there’s no way to guarantee your agency will never be susceptible to an attack on your systems or data, there are steps you can take to understand and increase the security of your client data.
The Forecast for Increased Litigation Around AI Adoption
Clyde & Co, a global law firm, predicts a sharp increase in AI-related cases, particularly class action lawsuits, in 2024 and beyond.
Average Cost of a Data Breach Reaches All-Time High, says IBM Report
The global average breach cost reached $4.45 million, with detection and escalation the most expensive component—indicating a shift toward more extended and complex investigations.
Why Compliance Holds the Key to Increasing Profits
While compliance has often been considered a costly and tedious—but necessary—issue, it can offer valuable opportunities to increase profitability.
Consumers Expect Transparent Data Privacy Protocols
Companies entrusted with its customers’ financial data are shifting their messaging to emphasize the steps they are taking to ensure the safety of that data.
A 12-Step Guide to Cyber Compliance and Protection
In the face of a cyberattack, agents and brokers are presented with a double-edged sword: business interruption costs and reputation loss on one side, and regulatory requirements on the other.
Now Is the Time to Make Sure Your Website Is Accessible
With COVID-19 increasing online traffic, it’s more important than ever to ensure your website is accessibility-compliant with the Americans with Disability Act. Use these resources to be proactive about compliance.
