Remove cybersecurity-operations applying-the-80-20-rule-to-cybersecurity
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SEC Chair: Sweeping New Cybersecurity Rules Are Coming Soon

Data Matters

Securities and Exchange Commission (SEC), announced that he has asked SEC staff to provide sweeping rulemaking recommendations to modernize and expand the agency’s rules relating to cybersecurity. These SEC rules could broadly affect cybersecurity requirements across the U.S. Public Companies and Service Providers.

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The NAIC adopted revised risk-based capital (RBC) factors for bond investments of life insurers, otherwise known as C1 RBC charges, which will apply commencing with year-end 2021 financial statements and RBC schedules. 71, and an amendment to the purposes and procedures manual to add instructions for review of funds.