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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. 10, 2018), remains pending in an Illinois state court. complaint filed Oct.

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Regulatory Update: NAIC Fall 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. Development of the GCC template and instructions began in 2015 by the GCC Working Group in an effort to provide U.S. regulators with an additional analytical tool for conducting groupwide supervision.

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U.S. Warns of Threat to Financial Industry Posed by North Korean Cyberattacks

Data Matters

North Korea has been subjected to comprehensive international sanctions implemented to pressure its government to denuclearize. The Advisory’s recommendations are in accord with general cybersecurity regulations that govern financial institutions. Share technical information of the North Korean cyber threat.