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First Multistate HIPAA Data Breach Lawsuit May Signal Increased State Interest in Data Security Enforcement

Data Matters

The stolen information allegedly included names and identifying information, hashed passwords, security questions and answers, family information, Social Security numbers, lab results, health insurance information, doctor’s names, and medical conditions, among other things.

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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. Create, Maintain, and Exercise a Cyber Incident Response, Resilience, and Continuity of Operations Plan. The post U.S.

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Time and tide waits for no man – IoT in Insurance

CGI

Time and tide waits for no man – IoT in Insurance. This old saying could also be applied for what is happening in the insurance market with IoT and that given the drive behind IoT in both the consumer and business markets. For example, car insurance could be varied between theft and fully comprehensive when the Car is not being used.

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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . GCC Template and Instructions.

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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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2018 Global Data Regulations & Compliance Heat Up – Are you Ready?

Thales Cloud Protection & Licensing

My colleague Vikram Ramesh blogs more about Australia’s privacy amendment act here. Moving to Africa, South Africa’s Protection of Personal Information (POPI) Act will be enforced later this year, and aims to ensure that organizations operating in South Africa exercise proper care when collecting, storing or sharing personal data.

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U.S. Banking Agencies Signal Closer Review of Cryptocurrency Activities

Data Matters

Concurrently, the OCC , the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (the Agencies) released a joint statement alerting the industry of their intent to provide additional guidance in the coming months concerning certain activities related to cryptoassets conducted by banking organizations.