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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

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$10,000,000 civil penalty for disclosing personal data without consent

Data Protection Report

As part of the order, the company agreed to post “clearly and conspicuously” on its websites and apps for the next two years: Between October 2019 and [date], we shared the personal of information of consumers visiting our website and apps with other companies without their permission. million consumers between October 2019 and March 2023.

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Privacy and Cybersecurity Top 10 for 2018

Data Matters

As we begin this New Year, here is list of the top 10 privacy and cybersecurity issues for 2018: EU GDPR. Smaller infringements, such as an organization’s failure to have their records in order, could result in fines of up to 2 percent of annual global turnover or €10 million (whichever is greater).

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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

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Developments in Health Privacy and Cybersecurity Policy and Regulation: OCR Issues Cybersecurity Warnings and New Health Data Legislation Is Introduced

Data Matters

Department of Health and Human Service’s Office for Civil Rights (“OCR”) issued industry guidance for Health Insurance Portability and Accountability Act (“HIPAA”) regulated entities to take preventative steps to protect against some of the more common, and often successful, cyber-attack techniques.

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Webinar on Hacking 101: How it works and how to mitigate risk

HL Chronicle of Data Protection

We will explore how certain common hacks work from a technical perspective and how to mitigate related risks from a legal and compliance perspective. Lawyers, privacy officers, compliance officers, and executives are key figures in helping manage such risks, but many may not understand how various hacks work. – 10:30 a.m.

Risk 40
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SEC Chair: Sweeping New Cybersecurity Rules Are Coming Soon

Data Matters

For example, SEC guidance from 2018 emphasizes that there is a range of factors that may affect whether an incident should be disclosed to investors beyond the bottom-line financial costs to respond to the incident. He also signaled the SEC’s continued focus on enforcement and cooperation with other law enforcement agencies.