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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

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Ransomware Protection in 2021

eSecurity Planet

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” IMPORTANT INFORMATION !!!

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Regulatory Update: NAIC Spring 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. The vote to adopt the prior versions of the proposed amendments to the CFR Model Laws was delayed in December 2018 after the U.S.

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The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

In the aftermath of the Cambridge Analytica scandal, and in the footsteps of Europe’s General Data Protection Regulation (“GDPR”), California privacy advocates introduced a ballot initiative on October 12, 2017 called “The Consumer Right to Privacy Act of 2018” (No. It was recently signed into law by the governor.

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The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

In the aftermath of the Cambridge Analytica scandal, and in the footsteps of Europe’s General Data Protection Regulation (“GDPR”), California privacy advocates introduced a ballot initiative on October 12, 2017 called “The Consumer Right to Privacy Act of 2018” (No. It was recently signed into law by the governor.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

* This article first appeared in In-House Defense Quarterly on April 3, 2018. Encrypting critical data assets. On February 21, 2018, the SEC issued an additional cybersecurity disclosure guidance document to assist public companies in drafting their cybersecurity disclosures in their SEC filings. Managing digital identities.