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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

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Subject Access Request: Germany’s highest court widens the scope of data subject access requests in Germany

Data Protection Report

Germany’s highest civil court, the Federal Court Of Justice ( Bundesgerichtshof , the FCJ ), has just published a decision specifying the scope of data subject access requests (DSARs). The defendant was a life insurance company and the claimant their insured. Knowledge of the data subject of information is irrelevant.

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What is Confidential Computing? Definition, Benefits, & Uses

eSecurity Planet

Instead, it is only decrypted in the Trusted Execution Environment, which relies on hardware-based coprocessor security, embedded encryption keys, and embedded attestation mechanisms to ensure that only authorized applications, users, and programming code can access the TEE and the data it houses.

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Ohio Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”. O.R.C. §§ 3965.01, 3965.04.

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Michigan Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

On December 28, 2018, Michigan adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law in the form of Michigan H.B. The Act defines licensees as persons authorized, registered, or licensed under Michigan insurance laws or required to be so. 6491 (Act). MCL § 500.550.

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Nevada Expands Definition of Personal Information

Hunton Privacy

179 (the “Bill”), which expands the definition of “personal information” in the state’s data security law. Under the Bill, personal information now includes: a “user name, unique identifier or electronic mail address in combination with a password, access code, or security question and answer that would permit access to an online account;”.

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Connecticut Tightens its Data Breach Notification Laws

Data Protection Report

The amendment: Expands the definition of “personal information”; Shortens the notification deadline after discovery of a breach from 90 to 60 days; Removes the requirement to consult with law enforcement as part of a risk assessment; Deems compliant any person subject to and in compliance with HIPAA and HITECH; and.