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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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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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List of Data Breaches and Cyber Attacks in 2023

IT Governance

IT Governance is dedicated to helping organisations tackle the threat of cyber crime and other information security weaknesses. We offer a variety of resources to help understand and mitigate threats, from training courses and consultancy services to free guides. With that out of the way, it’s time to move on to May 2023.

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Digital Customer Experience is becoming the deciding battlefield on the insurance landscape

CGI

Digital Customer Experience is becoming the deciding battlefield on the insurance landscape. Digital Customer Experience in many ways is becoming the deciding battlefield on the insurance landscape as to who will win through. Blog moderation guidelines and term of use. p.butler@cgi.com. Wed, 02/28/2018 - 10:36. Add new comment.

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List of data breaches and cyber attacks in May 2021 – 116 million records breached

IT Governance

But, of course, the nature of ransomware attacks makes it hard for organisations to determine how many records were affected. If you find yourself facing a cyber security disaster, IT Governance is here to help. For the second month in a row, ransomware has dominated our list of data breaches and cyber attacks. Find out more.

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How can organisations close the cyber security skills gap?

IT Governance

A UK government report published last year found that 48% of organisations lacked the expertise to complete routine cyber security practices. The alternative is to build an internal security team and encourage employees in security-adjacent roles, such as IT, to take cyber security training courses.

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CyberheistNews Vol 13 #20 [Foot in the Door] The Q1 2023's Top-Clicked Phishing Scams | INFOGRAPHIC

KnowBe4

The Snake peer-to-peer botnet had infected computers of some NATO member governments. link] Munich Re: '3X Growth Estimated in Cyber Crime Costs Over the Next 4 Years' As cyber attacks continue to grow in sophistication and frequency, cyber insurers are expecting their market to double in the next two years. billion by 2027. "3x