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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. MCL § 500.550.

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How to make sure your cyber insurance policy pays out

IT Governance

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures. Document an incident response plan.

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4 Ways an Encrypted File Sharing Service Can Help Your Business Share Documents with Confidence

OneHub

Work-related documents are incredibly sensitive and often confidential. Using document sharing software that takes security as seriously as you do is the first step. Using document sharing software that takes security as seriously as you do is the first step. The second is to make sure they use encryption, preferably bank-level.

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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

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Security Affairs newsletter Round 417 by Pierluigi Paganini – International edition

Security Affairs

Every week the best security articles from Security Affairs are free for you in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

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Data privacy examples

IBM Big Data Hub

The app heavily encrypts all user financial data. Deploying privacy protections: The app uses encryption to protect data from cybercriminals and other prying eyes. The Personal Information Protection and Electronic Documents Act (PIPEDA) Canada’s PIPEDA governs how private-sector businesses collect and use consumer data.

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Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing

Thales Cloud Protection & Licensing

New EU restrictions could force companies to change data transfer practices and adopt more advanced data encryption methods. Traditionally, privacy has taken the form of a policy document created, housed, and referenced by the offices of general counsel and compliance at most organizations. Tue, 12/22/2020 - 10:08. In the Dec.