Technology

Massive penalties for data breaches

This is the largest settlement ever paid for a data breach. Credit reporting agency Equifax has agreed to pay more than R10-billion to regulators to settle claims from a data breach that exposed the personal information of almost 150 million people.

Instant insurance set to become a trend

Coined in 2003, High Earners, Not Rich Yet (HENRYs) are young, educated, and highly paid millennials who are close to accumulating significant wealth. As these individuals start nearing the peak of their careers, their spending habits also increase, particularly on high-end products and technologies. When it comes to insurance, these fast-paced individuals want convenience and immediate solutions for their needs.

How to keep customers happy in a fast-paced digital world – Experian SA’s annual Innovation Summit

2019DIGIMAG Software systems for the financial advisor