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In its recently released blueprint, Info-Tech Research Group is providing insurers with a comprehensive framework to tackle the growing challenges of data privacy in the age of AI. In the resource, the global research and advisory firm recommends AI training, strong data governance, and proactive risk management to help insurers safeguard personally identifiable information (PII) while using AI for underwriting, claims processing, and customer engagement. TORONTO , Dec. 13, 2024 /PRNewswire/ - As AI adoption continues to accelerate, the insurance industry is under increasing pressure to safeguard personally identifiable information (PII) against sophisticated data privacy risks. Global research and advisory firm Info-Tech Research Group explains in a newly published industry resource that traditional system safeguards and outdated legacy systems are proving insufficient to address the complexities of modern AI-driven processes, leaving insurers exposed to regulatory and technological vulnerabilities. To help insurers tackle these pressing challenges, Info-Tech Research Group's blueprint, Safeguard Your Data When Deploying AI in Your Insurance Systems , offers a strategic framework for integrating privacy-preserving AI solutions. The firm's resource features research insights and tools that will equip IT leaders in the insurance sector to strengthen compliance, mitigate risks, and protect PII while maintaining system performance. "Insurers handle vast amounts of data, from health records to financial histories, fed into AI systems that promise accuracy and efficiency but pose privacy concerns," says Arzoo Wadhvaniya , research analyst at Info-Tech Research Group . "A single breach could compromise thousands of customers' personal information, causing severe reputational and financial damage. It is not just about what AI can do; it is about ensuring it is done securely and ethically." In the blueprint, Info-Tech explains that traditional data safeguarding methods in the insurance industry are increasingly ineffective, as legacy systems often lack the flexibility to meet modern demands. The firm's research findings suggest that unfamiliarity with integrated AI technologies can lead to confusion among employees when assessing risks and determining appropriate applications. Complex regulatory requirements, which may not align with AI-driven processes, further heighten compliance challenges. To address these issues, Info-Tech recommends AI training programs to help employees understand associated risks and foster a culture of security and compliance. "Regulatory frameworks demand strict compliance, yet AI introduces complexities that make this harder. Insurers must ensure AI respects customer consent, limits data usage, and mitigates bias. Otherwise, the consequences could be costly in terms of both fines and lost trust," explains Wadhvaniya . Info-Tech's new resource provides IT leaders in the insurance industry with actionable strategies to address critical risks associated with generative AI. The firm emphasizes the importance of identifying insurance-specific risks and adopting a continuous improvement approach supported by metrics and a risk-based strategy aligned with a privacy framework tailored to organizational needs. The research highlights three key risks tied to generative AI: The firm advises the industry to take a proactive stance, implementing robust data governance practices, ensuring transparency, and fostering customer trust in the responsible use of AI. By leveraging insights from this blueprint, insurance companies can effectively address growing data privacy challenges while adopting advanced AI technologies for underwriting, claims processing, and customer engagement. For exclusive and timely commentary from Arzoo Wadhvaniya, an expert in IT strategies, and access to the complete Safeguard Your Data When Deploying AI in Your Insurance Systems blueprint , please contact pr@infotech.com . About Info-Tech Research Group Info-Tech Research Group is one of the world's leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations. To learn more about Info-Tech's divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights. Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm's Media Insiders program. To gain access, contact pr@infotech.com . For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X . View original content to download multimedia: https://www.prnewswire.com/news-releases/insurers-urged-to-safeguard-data-amid-rising-ai-adoption-and-privacy-risks-says-info-tech-research-group-302331530.html SOURCE Info-Tech Research Group
Alex Ovechkin has a broken left fibula and is expected to be out four to six weeks, an injury that pauses the Washington Capitals superstar captain’s pursuit of Wayne Gretzky’s NHL career goals record. The Capitals updated Ovechkin’s status Thursday after he was evaluated by team doctors upon returning from a three-game trip. The 39-year-old broke the leg in a shin-on-shin collision Monday night with Utah's Jack McBain, and some of his closest teammates knew it was not good news even before Ovechkin was listed as week to week and placed on injured reserve. Recommended Videos “Everyone’s bummed out,” said winger Tom Wilson, who has played with Ovechkin since 2013. “We were sitting there saying: ‘This is weird. Like, it’s unbelievable that he’s actually hurt.’ It’s one of those things where like, he’s going to miss games? I’ve been around a long time, and it’s new to me.” Ovechkin in his first 19 seasons missed 59 games — and just 35 because of injury. Durability even while throwing his body around with his physical style is a big reason he is on track to pass Gretzky’s mark of 894 goals that once looked unapproachable. “He doesn’t go out there and just coast around,” Wilson said. “He’s played 20 years every shift running over guys and skating. He’s a power forward, the best goal-scorer ever maybe, and he’s a power forward that plays the game really hard.” Ovechkin surged to the top of the league with 15 goals in his first 18 games this season. He was on pace to break the record and score No. 895 sometime in February. “You know when goal-scorers start scoring, it’s dangerous,” said defenseman John Carlson, who has been teammates with Ovechkin since 2009-10. “There was a bit of that in the downs that everyone was feeling about it too, of course. We see him coming to the rink every day, we know what’s at stake. You never want anyone to get injured, but there’s a lot to it and certainly he was playing his best hockey in years.” ___ AP NHL: https://apnews.com/hub/nhlDaily Post Nigeria Kotu ta soke hukuncin da ya hana jihar Ribas kudadenta Home News Politics Metro Entertainment Sport Hausa Kotu ta soke hukuncin da ya hana jihar Ribas kudadenta Published on December 13, 2024 By Kabeer Bello Kotun daukaka kara da ke Abuja ta soke umarnin da aka bayar wanda ya hana Babban Bankin Najeriya (CBN) da Akanta Janar na Tarayya tura kudade ga gwamnatin jihar Ribas. Alkalan uku, karkashin jagorancin Mai Shari’a Hamman Barka, ya yanke hukuncin cewa batun kudaden shiga na jiha ba ya cikin hurumin kotun da ta bayar da umarnin farko. Kotun ta kuma tabbatar da daukaka karar da gwamnatin Jljihar Ribas ta shigar, inda ta soke umarnin da Mai Shari’a Joyce Abdulmalik ta bayar a baya. Kotun ta bayyana umarni a matsayin wanda baya bisa doka ba, kuma ya tauye hakkin gwamnatin ihar Ribas na samun damar amfani da kudaden ta daga asusun hadaka na tarayya. Haka kuma, kotun daukaka kara ta zargi kotun baya da ketare iyaka, tana mai cewa ba ta da hurumin sauraren wannan batu. Daily Post Hausa ta ruwaito cewa a watan Oktoba, Mai Shari’a Abdulmalik ta babbar kotun tarayya da ke Abuja ta yanke hukunci cewa karba da rabon kudaden jihar da vwamna Siminalayi Fubara, ya ke yi tun daga watan Janairu ya saba wa tanadin doka. Mai shari’ar ta kuma bayyana gabatar da kasafin kudin 2024 da gwamnan ya yi a gaban ‘yan majalisar dokokin jihar Ribas guda hudu a matsayin abinda ya saba wa kundin tsarin mulkin 1999. Bayan haka, Mai Shari’a Abdulmalik ta bayar da umarnin hana CBN, Akanta Janar na Tarayya, bankin Zenith, da Bankin Access ba wa Fubara damar amfani da kudade daga Asusun Tarayya, Sai dai yanzu kotun daukaka Karar ta soke wadannan hukunce hukunce. Related Topics: Kotu rivers Don't Miss Mataimakin shugaban kasa, Shettima ya tashi zuwa Dubai You may like Rivers court sets date for judgment in murder trial of man accused of killing minor Fubara promises less tax on residents, businesses in Rivers Kotun Borno ta yanke wa Mama Boko Haram da wasu hukuncin shekaru 5 a kurkuku Nigerian Navy trails owners of illegal storage of stolen crude oil in Rivers Police nab suspected fraudsters in Rivers, reject $17,000 bribe Leadership crisis: Court refuses Rivers PDP faction’s ex parte motion Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media Ltd