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Article: Headed for a clash: insurance accounting managers face a bewildering contradiction: protect the privacy of data with tighter rules, even as wireless networks liberate the transmission of information.(TECHNOLOGY)
- Article from:
- Risk & Insurance
- Article date:
- May 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 Axon Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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When insurance accounting managers belonging to the Insurance Accounting Systems Association gather in Boston next month, there will be plenty of buzz all right--coming from opposite directions.
From one side, managers are going to be socked with the latest in data privacy and protection rules, in the wake of the disclosure regulations so ordered by the Sarbanes-Oxley Act of 2002. But, from the opposite corner of the ring, as if almost thumbing its nose at the concept of privacy, the latest developments in wireless technology are going to deluge the accounting managers.
Wireless, a technological marvel with the potential to make insurance claims, ...