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New York Department of Financial Services Issues Guidance Regarding Life Insurers’ Use of External Consumer Data in Underwriting

Data Matters

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance. Unlawful Discrimination.

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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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The Impact of Data Protection Laws on Your Records Retention Schedule

ARMA International

Certain sectors, such as banking, financial services, health, and insurance have their own data protection and privacy requirements. A data subject request is an action by an individual to exercise that right, and the organization has an obligation to respond to that request 10 11.

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Assessing the Impact of the Barbados’ Proposed Data Protection Bill on the Barbadian Private Sector

Data Matters

The GDPR was designed to harmonize data protection laws across Europe and to protect EU residents’ data privacy rights; and, its coming triggered significant privacy and data protection compliance activities amongst organizations doing business in the EU and working with the personal data of EU residents. Non-Compliance.

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Cybersecurity: Managing Risks With Third Party Companies

Cyber Info Veritas

This is according to a recent survey conducted by Soha Systems, and according to one of the speeches delivered by the Superintendent of the New York State Department of Financial Services, Mr. Benjamin Lawsky, “ A company’s cybersecurity is only as strong as the cybersecurity of its third-party vendors ”.

Risk 40
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#ModernDataMasters: Mike Evans, Chief Technology Officer

Reltio

“If you are not tying what you are doing, in any kind of data initiative, to a business vision and some tangible outcomes that a business is trying to achieve, then MDM can become just a complex academic exercise.”. Prioritise people, process and governance.

MDM 75
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#ModernDataMasters: Henrik Liliendahl, Chairman & CTO, Product Data Lake

Reltio

I like to walk and bicycle – it is good exercise but you can also think while you do these things. No, I think we have covered all my pet hobby horses! What do you like to do outside of work? I am at an age now where I have grandchildren so I really like to be with them. It is as much to freshen my mind and do some out-of-the-box thinking.

MDM 49