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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.

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Nevada, New York and other states follow California’s CCPA

Data Protection Report

Businesses already preparing for CCPA should be able to incorporate the Nevada requirements, but note the Nevada law will be effective on October 1, 2019, whereas CCPA goes into effect on January 1, 2020. Exempts from deletion personal information needed to complete insurance transactions. 5/23 – passed Assembly and ordered to Senate.

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2019 end-of-year review part 1: January to June

IT Governance

A royal baby, a fire at Notre-Dame, the highest grossing film of all time and more than 12 billion breached data records: 2019 has been quite a year. Toyota Australia was infected with malware , knocking out its website and other methods of communication. The supreme court is expected to make its decision in 2020.

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Researchers shared the lists of victims of SolarWinds hack

Security Affairs

link] pic.twitter.com/40VfXuR6JI — RedDrip Team (@RedDrip7) December 16, 2020. “More information will be disclosed during the upcoming months but the full extent of this breach will most likely never be communicated to the public, and instead will be restricted to trusted parts of the intelligence community.”

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2024 State of Cybersecurity: Reports of More Threats & Prioritization Issues

eSecurity Planet

More sophisticated organizations can further protect identity with investments in tools such as: Application programming interface (API) security : Guards against attacks using program-to-program communication protocols. 553% increase in DNS Flood attacks from 1H 2020 to 2H 2023. 12% said previous breaches cost US$1 million or more.