As per new federal laws, the nation’s medical records will soon be stored electronically. These new electronic records will be a part of the state-run health insurance exchange programs that are designed to help consumers find affordable health care. Insurers participating in these programs will have access to a person’s medical records to help price insurance policies. Going electronic has some major risks, however, and these risks have never been more apparent than they are today. While the advancement of technology has brought many benefits to humanity as a whole,…
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A new eLearning Platform will provide assistance for the insurance industry and its customers
The top provider of data and identity risk management services, Identity Theft 911, has revealed that it is offering a brand new eLearning Platform that has been created to provide personalized online training to enhance its data breach and identity theft avoidance and resolution services. The organization is demonstrating this new online solution at the 116th National Association of Mutual Insurance Companies (NMAIC) Annual Convention. The NMAIC convention is the biggest meeting of insurers in the United States and is being held from September 18 through September 21, 2011 in…
Read MoreImportant data theft case shows toughened laws on abused privacy
Laying the foundation, the criminal courts in Europe are starting to take data protection seriously from now on. This has led to the first record high fine to two former T-Mobile UK mobile operator employees, says Stewart Room, who is a partner at the London Law firm named Field Fisher Waterhouse. After stealing and then selling some customer data in 2008 from the T-Mobile UK mobile operator company, the Chester Crown Court fined the duo, David Turley and Darren Hames, of £73,700, or roughly $106,000. The fine isn’t what made this ruling such a…
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