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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. NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Insurance groups will be exempt from filing a GCC if.

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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. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . GCC Template and Instructions.

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Ask Fitis, the Bear: Real Crooks Sign Their Malware

Krebs on Security

Megatraffer explained that malware purveyors need a certificate because many antivirus products will be far more interested in unsigned software, and because signed files downloaded from the Internet don’t tend to get blocked by security features built into modern web browsers. “Why do I need a certificate? WHO IS MEGATRAFFER?

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List of data breaches and cyber attacks in August 2020 – 36.6 million records breached

IT Governance

There were a massive 99 data breaches and cyber attacks in August, making it the third-biggest monthly total of the year by number of security incidents. The true figure, as always, will be higher than this – in part because organisations rarely disclose how many records were involved in security incidents. Cyber attacks. Ransomware.

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List of data breaches and cyber attacks in October 2020 – 18.4 million records breached

IT Governance

With 117 publicly reported security incidents, October 2020 is the leakiest month we’ve ever recorded. million) Personal data from eatigo accounts accessed in a security incident (2.8 The good news is that those data breaches and cyber attacks accounted for just 18,407,479 breached records. Ransomware.

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List of data breaches and cyber attacks in January 2020 – 1.5 billion records breached

IT Governance

The new decade has begun relatively well, with a six-month low of only 61 disclosed cyber security incidents. Oman’s largest insurance company shut down by ransomware (unknown). Microsoft discloses security breach of customer support system (250 million). The post List of data breaches and cyber attacks in January 2020 – 1.5

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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. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.