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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group expects to expose an initial draft of the white paper in advance of the Fall 2022 Meeting. 1. NAIC to Develop New Privacy Model Law. 26R — Bonds (SSAP No.

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Connecticut Enacts Consumer Privacy Law

Hunton Privacy

On May 10, 2022, Connecticut Governor Ned Lamont signed An Act Concerning Personal Data Privacy and Online Monitoring , after the law was previously passed by the Connecticut General Assembly in April. Connecticut is now the fifth state to enact a consumer privacy law.

Privacy 118
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Automated Security and Compliance Attracts Venture Investors

eSecurity Planet

First of all, cybersecurity is becoming a “must have” for businesses and governments. The growing number of data privacy regulations has raised the potential consequences of cybersecurity breaches, spurring demand for GRC (governance, risk, and compliance) software. IDC expects GRC spending to hit $15 billion by 2025.