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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

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Ohio Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”.

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China: Navigating China episode 18: Increased scrutiny over connected car and automobile industry data from Chinese regulators, including push towards data localisation

DLA Piper Privacy Matters

Increased scrutiny over connected car and automobile industry data from Chinese regulators, including push towards data localisation. China is a leading marketing for connected and autonomous vehicles, and use and analytics of connected vehicle data has been encouraged by Chinese Government support of big data and AI technology.

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Our Data Governance Is Broken. Let’s Reinvent It.

John Battelle's Searchblog

I have spent 30-plus years in the tech and media industries, mainly as a journalist, observer, and founder of companies that either make or support journalism and storytelling. The Industry Standard focused on the business of the Internet, as did my conference Web 2. And second… Governance. But Governance?

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Governance, Technology, and Capitalism.

John Battelle's Searchblog

Nearly two years ago I predicted that the bloom would fade from the technology industry’s rose, and so far, so true. Our lives are now driven in large part by data, code, and processing, and by the governance of algorithms. Do they think that means there’s no governance ? We call these systems government.

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Government survey reveals GDPR awareness is falling short

IT Governance

Of the businesses surveyed, those in the finance and insurance industries had the highest levels of awareness (79%), followed by information and communications (67%) and education (52%). The industries with the least awareness were construction (25%) and production and manufacturing (27%). Are your staff aware of the GDPR?

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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.