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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. This post summarizes the highlights from this meeting in addition to interim meetings that were held during July in lieu of taking place during the Summer Meeting.

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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. As a result of the COVID-19 pandemic, the NAIC held the Summer Meeting in a virtual format, with conference calls taking place over a three-week period.

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Counting Down to the EU NIS2 Directive

Thales Cloud Protection & Licensing

NIS2 adds digital service providers, waste management, pharmaceutical and labs, space, and public administration to the ‘Essential’ sectors category. Cybersecurity hygiene practices and training. Incident handling. Business continuity/crisis management. Supply chain security. Network and information systems security.

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Takeaways from Forrester’s Latest Report on Enterprise Architecture Management Suites

erwin

EA has re-emerged to help solve compliance challenges in banking and finance plus drive innovation with artificial intelligence (AI), machine learning (ML) and robotic automation in pharmaceuticals. An EA solution should be agile enough to meet both short-term and long-term needs. Yesterday’s use case may not serve tomorrow’s use case.

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Data breaches: the financial cost of poor planning

IT Governance

This reflects recent figures , suggesting that NotPetya, a 2017 ransomware attack that hit organisations across the globe, cost pharmaceutical giant Merck $135 million in lost sales in the first three months after the attack. Training to suit your needs. The total loss in that time is estimated at $300 million. Pecuniary fines.

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European Commission proposes reinforcement of EU Cybersecurity rules

DLA Piper Privacy Matters

In the NIS Directive, the obligations that apply to an entity that falls under the scope of the NIS Directive depend on its qualification as ‘operator of essential services’ (“OES”) or ‘digital service provider’ (“DSP”): An OES is defined as a public or private entity of a type referred to in Annex II, which meets certain criteria.

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The Importance of EA/BP for Mergers and Acquisitions

erwin

Knowledge retention and training has become a pivotal area in which businesses will either succeed or fail. Industry-specific regulations in areas like healthcare, pharmaceuticals and financial services have been in place for some time. Different organizations tend to speak different languages.