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NY Charges First American Financial for Massive Data Leak

Krebs on Security

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. It employs some 18,000 people and brought in $6.2 billion in 2019.

Insurance 299
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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. 11 to the Ohio Revised Code. Ohio’s Act applies to licensees, defined as persons authorized, registered, or licensed under Ohio insurance laws, or required to be so.

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New EU Strong Customer Authentication Standards: Implications for Payment Service Providers

Data Matters

Under the revised Payment Services Directive (2015/2366) (PSD2), the European Banking Authority (EBA) and the European Commission were required to develop and adopt regulatory technical standards on strong customer authentication and common and secure open standards of communication. STRONG CUSTOMER AUTHENTICATION. What is SCA?

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U.S. and Foreign Cybersecurity and Intelligence Agencies Recommend Measures to Counteract Threat of Russian Cyberattacks

Data Matters

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. Require multi-factor authentication (MFA) for all users. The following are the best practices highlighted by the Advisory, Microsoft report, PANW report, and Mandiant report.

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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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Business of Data – issue 6

Information Matters

Issue 6 (27 November 2018). Getting value from your data under GDPR – Information Age, 15 November 2018. Algorithms tame ambiguities in use of legal data – Financial Times, 15 November 2018. Harnessing the value of NHS patient data – The Lancet, 16 November 2018. The Business of Data. Follow the Data?

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Arizona Amends Data Breach Notification Law

Hunton Privacy

On April 11, 2018, Arizona amended its data breach notification law (the “amended law”). The amended law also defines “personal information” to include “an individual’s user name or e-mail address, in combination with a password or security question and answer, which allows access to an online account.”.