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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. 2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. Insurers should: Establish a Formal Cyber Insurance Risk Strategy.

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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

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Developments in Health Privacy and Cybersecurity Policy and Regulation: OCR Issues Cybersecurity Warnings and New Health Data Legislation Is Introduced

Data Matters

Department of Health and Human Service’s Office for Civil Rights (“OCR”) issued industry guidance for Health Insurance Portability and Accountability Act (“HIPAA”) regulated entities to take preventative steps to protect against some of the more common, and often successful, cyber-attack techniques. On March 17, 2022, the U.S.

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CyberheistNews Vol 13 #13 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks

KnowBe4

This data makes it clear that security awareness training designed to educate users on the need to be continually vigilant, regardless of the device, is critical to an organization remaining protected against attacks. I've written quite a few times about specific cyber insurance claim cases that required going to court to settle.

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The Third Modern Data Management Summit: Making Data Work!

Reltio

The third Modern Data Management annual summit ( #DataDriven19 ) held on February 26-27 2019 attracted more than 400 business and IT professionals getting together in San Francisco to witness the future of data management, share success stories and learn best practices. Watch a quick video from 2019 summit to get a quick glimpse.

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How to create value through digital archiving

CILIP

Kevin: So if a senior board level person working in financial services is having conversations on slack or instant messenger, can Preservica help preserve the full spectrum through digital archiving? Look at mortgage documents or life insurance policies, anything around financial communications, this needs to be stored.

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US: Coronavirus – Cybersecurity considerations for your newly remote workforce

DLA Piper Privacy Matters

In response to the coronavirus disease 2019 (COVID-19) pandemic, organizations around the world have moved to remote work platforms in a span of a few short weeks. Some newer laws, such as the New York Department of Financial Services Cybersecurity Regulation, require MFA under certain circumstances.