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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. sought coverage for expenses under its property insurance policy.

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The Week in Cyber Security and Data Privacy: 23–29 October 2023

IT Governance

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Data has been exfiltrated, but we don’t know how much. The data controller of the breached data is currently unclear. Records breached: Unknown.

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Regulatory Update: NAIC Fall 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data. systemic risk of insurers with other parts of the financial system, notably the banking.

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Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Attackers will inform the victim that their data is encrypted. Raising awareness about ransomware is a baseline security measure. How ransomware works. Screenshot example. Staff Awareness.

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Interview with Gus Tugendhat of Tussell

Information Matters

I recently sat down with Gus Tugendhat, founder of UK-based government tenders and contracts data provider, Tussell. Gus told me about the origins of Tussell, the market it is addressing, its data-driven solution for businesses tendering for public sector contracts and the challenges of growing this innovative startup business.

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Regulatory Update: NAIC Spring 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. ceding insurer could be eligible for the same reduced collateral requirements that would apply to qualifying EU reinsurers under the revised CFR Model Laws.

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Join Our Webinar on November 16th: IGI & Preservica Address the Governance of Long-Term Digital Information

IGI

The vast majority (89%) of practitioners who participated in the IGI 2016 Benchmark Report on The Governance of Long-Term Digital Information confirmed that their organizations have digital records and information that they keep or need to keep for 10 years.