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How Cybersecurity Insurance Can Work To Help An Organization

Thales Cloud Protection & Licensing

How Cybersecurity Insurance Can Work To Help An Organization. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. regulations.

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Medibank Defends its Security Practices as its Ransomware Woes Worsen

IT Governance

The Australian health insurance giant fell victim to ransomware in October, as a result of which the personal data of 9.7 Health data, by contrast, enables attackers to operate under the radar, typically to commit health insurance fraud. million current and former customers was compromised. The extent of the damage.

IT 107
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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.”.

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Connecticut Tightens its Data Breach Notification Laws

Data Protection Report

biometric information consisting of data generated by electronic measurements of an individual’s unique physical characteristics used to authenticate or ascertain the individual’s identity, such as a fingerprint, voice print, retina or iris image. Additional Considerations for Businesses. 1] [link]. [2] 2] C.R.S. §

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Many Public Salesforce Sites are Leaking Private Data

Krebs on Security

Customers can access a Salesforce Community website in two ways: Authenticated access (requiring login), and guest user access (no login required). “In January and February 2023, I contacted government organizations and several companies, but I did not receive any response from these organizations,” Akiri said.

Access 290
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Kentucky and Maryland Recently Joined Other States in Adopting NAIC Model Data Security Law.

Data Matters

Kentucky and Maryland recently continued the trend of state insurance departments adopting some version of the National Association of Insurance Commissioners’ (“NAIC”) Insurance Data Security Model Law. Kentucky Governor Andy Beshear signed House Bill 474 into law, and Maryland Governor Larry Hogan signed SB 207.

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NYDFS Imposes Fine of $5 Million on Carnival for Cybersecurity Breaches

Hunton Privacy

Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation. In addition to the monetary penalty of $5 million, NYDFS also accepted Carnival’s surrender of its insurance producer license; thus, Carnival has ceased selling insurance in New York.